Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 Company registration number.. Charity number: 05651900 1113069 Trustees, Report and Financial Statements Year Ended 31 March 2025 LUTON IRISH FORUM (A Company Limited by Guarantee)
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Annual Report and Financial Ststements Year Ended 31 March 2025 Contents Page Charity Reference and Administrative Details Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities 10 Balance Sheet 11-12 Notes to the Financial Statements 13-23
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM Charity Reference and Administrative Details Year Ended 31 March 2025 Charity registration number 1113069 Company registration number 05651900 Trustees T C Scanlon, Chair M Winter, Vice Chair M Curtis, Secretary L Kitching, Treasurer D Drennan S Rooney D Crean J Smith T Smith T Shanley C Lewis (Appointed 22nd June 2024) Chief executive officer N Hanley Registered office Kathleen Connolly House 102 Hitchin Road Luton Bedfordshire LU2 OES Independent examiner K Dooley Bsc {Hons) FCA Chestnut Green Limited Studio 6 Capability House Wrest Park Silsoe Bedfordshire MK454HS
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 The Trustees present their report and the independently examined financial statements of the charity for the year ended 31 March 2025. The Annual Report serves the purpose of both a Trustees, report and a director's 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 in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019)- Since the Charity 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. Objectives and activities a. Principal Objects The objects of the Charity, as stated in its memorandum of association, are the following.. To relieve persons in need, poverty or distress, particularly, but not exclusively of Irish descent, through the provision of advice and information concerning health and benefits as well as other support. To advance the education of the public, particularly in Irish music, drama, arts, the Irish language and through the holding of an annual St Patrick's Day Festival. Other charitable purposes, particularly the provision of facilities for the benefit of the public, particularly but not exclusively for persons of Irish descent in the interests of social welfare with the object of improving the conditions of life for those persons in need of such facilities. b. Strategiesl Activities to further objects Luton Irish Forum {LIFI is based at Kathleen Connolly House on Hitchin Road, Luton and is used also as a community ntre 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 (Advi 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 seniice 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. We offer volunteering opportunities in different roles across almost all our services which enables people with a diversity of skills, knowledge and experien to be part of our volunteer team. Volunteers use their existing abilities, develop new skills, and build theirC0nfiden 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.
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 Aims From this, it is understood that the prime aims of the organisation are to improve welfare and promote a 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 coordinated, and many take place. d. Objectives and key activities 2022 - 2032 1. Im rove welfarel uali of life for local vulnerable eo le LIF will demonstrate a positive impact on the people accessing our welfare service LIF will demonstrate a positive impact on the people accessing our culturavsocial activities Increase the capacity of the welfare service 2. Promote and retain Irish culture Develop St Patrick's Festival Develop partnerships with Irish and other businesses and organisations to engagelengaging with 2nd and 3rd generation Engage with young 2nd and 3rd generation Irish 3. Or anisational Sustainabili Close the income gap Increase LIF'S profile as a major local charity Develop a highly engaged staff and volunteer community Enhan the quality of LIF servi$ Seek out efficiency and effectiveness in all areas Introduce enhand governance Develop broader volunteer capacity and capability Increase the leadership capacity of the trustee group and SMT e. Public Benefit The Trustees confirm that they have had due regard for the Charity Commission's guidance on public benefit. The trustees believe that LIF'S activities provide a public benefit as the charity promotes health and well-being, improves the 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 people's lives across its projects. Welfare Service Secure, safe and sustainable accommodation Reducedlmanaged personal debt Income maximisation Ability to meet basic needs Increased access to knowledge of rights Increased knowledge of rightsl self*fficacy Confirmed legal status Reduced dependency on GP and other support services Increased access to employmenu employment support Increased access to community carelsocial ServIS
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 St Patrick's Festival, St Brigid's Day and other cultural offer Celebrating, maintaining and strengthening the links beeen Ireland and the Global Irish Fostering a more vibrant sense of community and of Irish identity Improving awareness and understanding of the emigrant and diaspora experience and by supporting the development of new ways to communicate and connect with the increasingly diverse global Irish, including non-traditional diasporas Social Activities Attendees and volunteers report increased physical and mental wellbeing Attendees and volunteers form friendships Befriended and befrienders feel less isolated Befriended and befrienders report increased physical and mental wellbeing Volunteers learn new skills Volunteers increase in confidence Intergenerational and Youth Projects Engaging the Irish in Britain in their culture and heritage Other Represent the needs of the Irish community in Luton, identify and action policy gaps locally and nationally, and learn from and share best practice. Increasing awareness of organisations, services, activities and events Increased access to member discounts from local businesses Access to digital skills f. 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 a. Main achievements of the Charity Over the past year, we've made a meaningful impact across our community. Here are some of the key milestones.. 165,700 people reached across our social media platforms in March alone 51.734 attendees celebrated with us at the St Patrick's Parade Day events 16,060 visitors welcomed through our centre's doors 15.143 attendances recorded at our social groups 7,932 volunteer hours contributed valued at £93,264 857 individuals supported through 1,527 welfare cases £1.5 million in financial gains secured for our clients 714 people subscribed to our LIF membership
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 b. Fundraising Activity LIF has exceeded its ambitious business strategy and growth plan to maintain income at £550k to 2032 and maintain its staff structure to 12 staff and employ sessional staff over this period. To further develop the fundraising infrastructure, we will take the following actions.. Register with the Fundraising Regulator to demonstrate our commitment to excellent fundraising practices. Create fundraising materials, including those for legacies and direct debit Upgrade the fundraising database and tracking system to ensure continuity in activities, even in the event of an unplanned absence of the Chief Executive Officer. Strengthen the Friends Group by providing them with Terms of Reference, expectations, role descriptions, and additional training. Develop fundraising policies and procedures as recommended by the Fundraising Regulator. Update fundraising communications. Enhance the website to support fundraising communications and facilitate donations. Consider hiring an extemal fundraiser as fvnding permits. The fundraising strategy is set out in the business plan. c. Future developments LIF plans 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 faS major challenges in its project financing, and is developing a range of projects and income SoUrS to.. spread the sources of income and increase the income levels, and through this minimises any risk to LIF. utilise market opportunits'es and build on strengths to develop projects which will generate income. meet the aims and objectives of LIF. Financial review a. Financial review For the year to 31 March 2025 the net movement in funds was a £60,307 surplus (2024 - £23,710 surplus). Total funds as at 31 March 2025 were £639,671 (2024 - £579,364). Restricted fvnds as at 31 March 2025 were £311,222 (2024 - £319,641). b. Fixed assets Changes in fixed assets during the year are set out in the notes to the financial statements. Reserves policy It is the policy of LIF to maintain unrestricted fvnds, 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 designated fund reserves to cover approximately six months of expenditure together with other provisions for contingencies. The Trustees will meet to review this provision every month.
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 d. Public Benefit 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. Structure, governance and management a. Partners During this period, we collaborated with the following local agencies: Bushmead Community Hub Alzheimerfs Society Bedford HMPS Bedfordshire Police BT Events Catholic and Faith Leaders Central Bedfordshire Council Comhaltas Crosscare East London Foundation Trust Friend Families of Travellers Gaelic Athletic Association Clubs Gate Herts Gerry Taylor Butcher and Grocer GPS Healthwatch Luton Hospital Consultants Housing Associations Irish Dancing Schools Irish NeOrk Stevenage Job Centre Plus Light Moving Company Luton Borough Council Teams Luton Culture Luton Foodbank Luton Heritage Forum Maternity Allian NHS Trust Noah Enterprise NSPCC Penrose Trust Primary Care and PCN Medical Leads Safe Home Ireland Schools Shri Guru Ravidass Sangat Social Prescribers and Commission Health Services The Roma Trust The Safer Luton Partnership The Saltways (Training Provider) Traveller Movement UK Centre for Carnival Arts University of Bedfordshire University of Hertfordshire Venue 360 Victim Support Women's Aid Nationally, we collaborate with the Traveller Movement. Friend Families of Travellers, and Irish in Britain and its affiliate organisations. Affiliates include- Irish Chaplaincy Irish Counselling and Psychotherapy Leeds Irish Health and Homes Irish Community Care Merseyside Irish Community Care Manchester Irish Community Services, London Irish in Birmingham Irish NeIOrk Stevenage
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 During this period, Noelette Hanley participated in the following forums- Luton Access.. In partnership with Citizens Advi Luton, Luton Law Centre, and Luton Rights, we strive to ensure the continued development of the local advice-giving sector. Health Inequalities Board- A strategic group tackling health inequalities. Luton's Fairness Taskforce.. A Luton Borough Council-led neOrk established to develop ways to achieve fairness and social justice across all sectors of the town. Governor at Cardinal Newman Secondary School" Serrfing since 2016, leading the student and stsff welfare work streams. b. 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 the daity delivery of ServIS in line with Board decisions are delegated to the Chief Officer and senior staff. Trustees expect staff to keep them inft)rmed of potential opportunities and challenges which may lead to new developments. c. 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 company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. state whether the policies adopted are by the Charities SORP, and that applicable accounting standards have been followed, subject to any material departures, disclosed and explained in the financial statements. prepare the financial statements on a going cOnM basis unless it is inappropriate to presume that the company will continue trading. The trustees are responsible for keeping proper accounting records which 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 relevant law. They are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. d. Risk Review 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 peritsjically reviewed. e. Trustee Recruitment & Training Suitable nominees, according to the regulations covered by the memorandum and articles, are introduced to the work of the organisation. Slhe meets with a staff member, andlor Board Member and Secretsry before submission for consideration by the Board. The organisats-on aims, as far as possible, to include a wide range of skills and representation from the local community which it seNes.
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Trustees, Annual Report st Year Ended 31 March 2025 New Board Members are encouraged to take part in events and neOrkIng meetings to ensure an understanding of the issues relating to the organisation's 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 attendan of non-voting co-opted members and observers on the Board to relevant partner organisations. Approved by order of the members of the board of Trustees and signed on their behalf by.. gca T C Scanlon Trustee Date 19-06-2025
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Independent Examiner's Report to the Trustees of Luton Irish Forum Year Ended 31 March 2025 Independent Examinerfs Report to the Trustees of Luton Irish Forum 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 charity trustees of the company (and also its directors for the purposes of company lawl 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 ofyourcompany's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51{b) of the 2011 Act. Independent examinerfs statement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the ICAEW which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- 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 Practi for accounting and reporting by charities lapplicable 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: K Dooley Bsc (Hons) FCA Chestnut Green Limited Studio 6, Capability House, Wrest Park Silsoe, Bedfordshire, MK45 4HS Date 19-06-2025
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Restricted funds 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and grants Other trading activities Investments Other income 399.500 33,738 124,296 16,957 17,341 433,238 124,296 16,957 17,341 398,677 96,727 5,457 7,786 Total income 399.500 192,332 591,832 508, 647 Expenditure on: Charitable activities Total expenditure 407,919 407,919 123,606 123,606 531,525 531.525 484,937 484,937 Net movement in funds 8,419 68,726 60,307 23,710 Reconciliation of funds: Total funds brought forward Net movement in funds 319,641 (8,419) 259,723 68,726 579,364 60,307 555, 654 23,7to Total funds carried forward 311,222 328,449 639,671 5T9,364 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 13 to 23 form part of these financial statements. 10
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) REGISTERED NUMBER: 05651900 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets 10 315,773 315,773 322, 232 322, 232 Current assets Debtors Cash at bank and in hand 30,108 427,171 457,279 (133,381) 41,927 346,8T6 388, 803 (131,671) Creditors" amounts falling due within one year 12 Net current assets 323,898 257, 132 Totsl assets less current liabilities 639,671 579, 364 Total net assets 639,671 579, 364 Charity funds Restricted funds Unrestricted funds 13 13 311,222 328,449 319,641 259, 723 Totsl funds 639,671 579, 364
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) REGISTERED NUMBER: 05651900 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 The Charity 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 accordan with section 476 of the Companies Act 20C6. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the 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 and signed on their behalf by.. gca T C Scanlon Trustee Date: 19-06-2025 The notes on pages 13 to 23 form part of these financial statements. 12
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 General 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 registration number and registered Offi can be found within the referen and administration details. The presentation currency of the financial statements is the Pound Sterling (£)- Summary of significant accounting policies la) 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Luton Irish Forum 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. Ib) Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Statement of Financial Position. Where income is reiVed in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Ic) Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, 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. Share costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen 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 charitsble activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. Id) Taxation The charity is exempt from corporation tax on its charitable activities. 13
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 le) Tangible fixed assets and depreciation 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. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following bases= Long-term leasehold propety - 50 years straight line Fixtures and fittings 33 % on cost and 25 % on reducing balance (fj Financial instruments The Charity 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. Ig) Fund accounting General funds are unrestricted fijnds which are available for use at the discretion of the Trustees in the furtherance of the general objectives of the Charity 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 Charity 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. 14
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 Donations and grants Restricted funds 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Grants Department of Foreign Affairs and Trade.. Emigrant Support Programme Luton Rising Bedford and Luton Community Foundats'on Irish Youth Foundation Ireland Fund of Great Britain Lloyds Foundation The National Lottery Community Fund JP Mcmanus European Social Fund Irish Episcopal Fund JL12 Charity Co-operation Ireland Glasspool Charity Amazon Just Giving Hirearchy General General Grants Culture Ireland 198.471 198,471 200, 866 41,110 15,390 3, 000 11,000 12,500 78,465 3, 000 17,664 5,408 1,500 2,318 850 1,000 1,269 195 53.959 6.250 5.000 53,959 6,250 5,000 27,500 117,256 27,500 117.256 2.102 7.332 2,102 7,332 1.130 391.500 1,130 419,000 27,500 395, 535 Donations 8.000 6.238 14,238 3, 142 399,500 33,738 433.238 398,677 Total 2024 359,057 39,620 398,677 15
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 Other trading activities Income from fundraising events Unrestricted funds 2025 Total funds 2025 Total funds 2024 Sales of goods Room hire Festival income Sundry receipts Membership subscriptions Raffle 37,783 29,719 26,963 13,843 4,239 11,749 37,783 29,719 26,963 13,843 4,239 11,749 20,275 24,931 28, 669 11,757 3, 064 8,031 124,296 124,296 96, 727 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Bank interest received 16,957 16,957 5,547 other incoming resources Unrestricted funds 2025 Total funds 2025 Total funds 2024 Other income 17,341 17.341 7, 786 16
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 Analysis of expenditure by activities Activities undertaken directty 2025 Support costs 2025 Total funds 2025 Total funds 2024 Staff costs Office costs Project costs Training costs Transport costs Premises costs Governance costs 330,730 40.100 107,435 2.178 6,935 39.903 330,730 40,100 107,435 2,178 6,935 39,903 4,244 314, 742 49,046 71,697 1,308 3,264 40,980 3, 900 4,244 527,281 4,244 531,525 484, 937 Analysis of support costs Total funds 2025 Total funds 2024 Independent examinerfs remuneration 1,500 3, 900 Staff costs 2025 2024 Wages and salaries 330,730 314,742 330,730 314, 742 The average number of persons employed by the Charity during the year was as follows: 2025 No. 2024 No. Employees 11 12 No employee received remuneration amounting to more than £60,000 in either year. 17
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £nil). During the year ended 31 March 2025, travel expenses totalling £175 {2024 - £70) were reimbursed or paid directly to Trustees. 10 Tangible fixed assets Long-temi leasehold property Fixtures and fittings Total Cost or valuation At 1 April 2024 Additions At 31 March 2025 419,500 60,234 3,130 63,364 479,734 3.130 482,864 419,500 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 99,859 8,419 108,278 57,643 1,170 58,813 157,502 9,589 167,091 Net book value At 31 March 2025 311,222 4,551 315,773 At 31 March 2024 319,641 2,591 322,232 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 propety as a forum. In the event that the building is not used for this purpose these monies are refundable. 18
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 11 Debtors 2025 2024 Due within one year Trade debtors Accrued income 28,758 1,350 24,78T 17,140 30,108 41,927 12 Creditors: Amounts falling due within one year 2025 2024 Trade creditors other taxation and social security Other creditors Accruals Deferred income 4,261 6.086 955 1.500 120,579 6, 694 1,206 3,350 120,421 133.381 131,671 The deferred income liability has arisen in order to recognise grant income in the appropriate financial period. 19
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 13 Statement of funds Statement of funds - current year Balance at1 April 2024 Balance at31 March 2025 Income Expenditure Unrestricted funds Designated funds 70,000 70,000 General funds 189.723 192,332 123,606 258,449 Totsl Unrestricted funds 259,723 192,332 123,606 328,449 Restricted funds Building Department of Foreign Affairs And Trade Bedford and Luton Community Foundation Irish Youth Foundation Ireland Fund of Great Britain The National Lottery Community Fund Irish Episcopal Council European Social Fund Culture Ireland Donations 319,641 (8,419) 311,222 198,471 (198,471) 53,959 6,250 5,000 117,256 7,332 2,102 1,130 8,000 (53,959) (6,250) (5,000} {117,256} (7,332} (2,102) (1,130) (8,000) 319,641 399.500 407,919 311,222 Total of funds 579,364 591,832 531,525 639,671 20
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 13 Statement of funds {continued Statement of funds- prior year Balance at1 April 2023 Balance at31 March 2024 Income Expenditure Unrestricted funds Designated funds 70.000 70.000 General funds 157,300 149,590 117,167 189, 723 Totsl Unrestricted funds 227,300 149, 590 117,167 259, 723 Restricted funds Building Department of Foreign Affairs And Trade Bedford and Luton Community Foundation Luton Rising Irish Youth Foundation Ireland Fund of Great Britain The National Lottery Community Fund Irish Episcopal Council JL12 Charity Co-operative Ireland 328,354 (8,713) 319,641 200, 866 (200, 866) 15,390 41.110 3, 000 11.000 (15,390) (41.Ito) (3,000) (11.000) 78.465 5,408 1.500 2,318 (78,465) (5,408) (1,500) (2,318) 328,354 359, 057 367,770 3t9,64t Total of funds 555, 654 508, 647 484,937 579, 364 21
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 13 Statement of 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 a funds transfer, to cover the employment costs of the year of the chief executive Offir. Projectl Post Funder Cost Centre Chief Executive Officer Department of Foreign Affairs and Trade,. Emigrant Support Programme Salary, NIC and project costs Welfare Service Department of Foreign Affairs and Trade,. Emigrant Support Programme Luton Rising (formerly Luton Airport Ltd) Salary, NIC and project costs National Lottery Community Fund Salary, NIC and project costs Bedford and Luton Community Salary, NIC and project costs Foundation - Recovery and Collaboration Fund Ireland Fund of Great Britain Salary, NIC and project costs Project costs Social Activities National Lottery Community Fund Irish Episcopal Council for Emigrants Salary, NIC and project costs Project costs Festival Department of Foreign Affairs and Trade,. Emigrant Support Programme Luton Airport Ltd Various sponsors Project costs Project costs Project costs Intergenerational Department of Foreign Affairs and Trade,. Emigrant Support Programme Salary, NIC and project costs Youth Department of Foreign Affairs and Trade,. Emigrant Support Programme Irish Youth Foundation JJ12 Charity Salary, NIC and project costs Project costs Project cost Volunteering National Lottery Community Fund Salary, NIC and project costs Traveller Support Department of Foreign Affairs and Trade,. Emigrant Support Programme Luton Borough Council Salary, NIC and project costs Project costs Website Department of Foreign Affairs and Trade,. Emigrant Support Programme Salary, NIC and project costs Core Costs Lloyds Foundation Overheads Luton Digital Skills Project European Social Fund Salary, NIC and project costs 22
Docusign Envelope ID.. 2157ACB&D3C447D>9D40496838ECF961 LUTON IRISH FORUM (A Company Limited by Guarantee) Notes to the Financial Statements Year Ended 31 March 2025 14 Analysis of net assets between funds Anatysis of net assets between funds - current period Restricted funds 2025 Unrestricted funds 2025 Total Funds 2025 Tangible fixed assets Current assets Creditors due within one year 311,222 4,551 457,278 (133,381) 315,773 457,278 1133,381) Total 311,222 328,449 639,671 Anatysis of net assets between funds - prior period Restricted funds 2024 Unrestricted funds 2024 Total Funds 2024 Tangible fixed assets Current assets Creditors due within one year 319,641 2,591 388,803 (131,671) 322.232 388,803 1131.671) Total 319,641 259,723 579,364 15 Related party transactions The Charity has not entered into any related paty transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2025 (2024- £nil). 23