| Page | |
|---|---|
| Reference and Administrative Information | 3 |
| Trustees' Annual Report | 4-6 |
| StatementofTrustees' Responsibilities | 7 |
| Independent Auditor's Report | 8 - 10 |
| StatementofFinancial Activities | 11 |
| Balance Sheet | 12 |
| Notes to the Financial Statements | 13 - 18 |
| Supplementary Information relating to the Financial Statements | 20 |
| Chairperson | Tom Wheeler |
|---|---|
| ChiefExecutiveOfficer | Nora Mulready |
| CharityNumberinEnglandand Wales | 1115711 |
| CompanyRegistrationNumber | 5642515 |
| Registered OfficeandPrincipalAddress | 50-52 Camden Square |
| London | |
| NW19XB | |
| Auditors | Allen Tully & Co |
| Chartered Certified Accountants and Statutory Auditor | |
| 19 Palace Square | |
| London | |
| SE19 2LT | |
| PrincipalBankers | Allied Irish Bank (GB) |
| Retail Business | |
| PO Box 52496 | |
| London | |
| NW39ED |
for the financial year ended3 |
1March |
2023 |
|||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| Notes | £ |
£ | £ | £ | £ | £ | |
| IncomingResources | |||||||
| Voluntary Income | 5.1 | 121,028 | 121,028 | 14,611 | 14,611 | ||
| Charitable activities | |||||||
| - Grants from governments | 5.2 | 4,900 |
217,905 | 222,805 | 10,207 | 236,029 | 246,236 |
| and other co-funders | |||||||
| Totalincomingresources | 125,928 | 217,905 | 343,833 | 24,818 | 236,029 | 260,847 | |
| Resources Expended | |||||||
| Charitable activities | 6.1 | 95,380 | 216,525 | 311,905 | 20,799 | 243,434 | 264,233 |
| Netincoming/outgoing | 30,548 | 1,380 | 31,928 | 4,019 | (7,405) | (3,386) | |
| resources beforetransfers | |||||||
| Gross transfers between | |||||||
| funds | |||||||
| Netmovementinfundsfor | 30,548 | 1,380 | 31,928 | 4,019 | (7,405) | (3,386) | |
| thefinancialyear | |||||||
| Reconciliationoffunds: | |||||||
| Total funds beginning of the | 15 | 10,809 |
667 | 11,476 | 6,790 | 8,072 | 14,862 |
| year | |||||||
| Totalfundsat theendof | 41,357 | 2,047 | 43,404 | 10,809 | 667 | 11,476 | |
| theyear |
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | £ | £ | |
| CurrentAssets | |||
| Debtors | 12 | 7,250 | |
| Cash at bank andinhand | 94,520 | 51,135 | |
| 101,770 | 51, 135 | ||
| Creditors:Amountsfallingduewithinoneyear | 13 | (58,366) | (39,659) |
| NetCurrentAssets | 43,404 | 11,476 | |
| TotalAssetslessCurrentLiabilities | 43,404 | 11,476 | |
| Funds | |||
| Restricted trust funds | 2,047 | 667 | |
| General fund (unrestricted) | 41,357 | 10,809 | |
| Totalfunds | 15 | 43,404 | 11,476 |
| 5. | INCOME | |||||
|---|---|---|---|---|---|---|
| 5.1 | DONATIONS AND LEGACIES | Unrestricted | Restricted | 2023 | 2022 | |
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| Sundry Donations | 121,028 | 121,028 | 14,611 | |||
| 5.2 | CHARITABLE ACTIVITIES | Unrestricted | Restricted | 2023 | 2022 | |
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| Grantsfromgovernmentsandother | co-funders: | |||||
| Welfare Service | 4,900 | 144,997 | 149,897 | 162,864 | ||
| Cultural Activities | 72,908 | 72,908 | 83,372 | |||
| 4,900 | 217,905 | 222,805 | 246,236 | |||
| 6. | EXPENDITURE | |||||
| 6.1 | CHARITABLE ACTIVITIES | Direct | Other |
Support | 2023 | 2022 |
| Costs | Costs |
Costs | ||||
| £ | £ | £ | £ | £ | ||
| Cultural Activities | 52,817 | 17,963 | 70,780 | 74,317 | ||
| Welfare Service | 160,748 | 6,831 | 73,546 | 241,125 | 189,916 | |
| 213,565 | 6,831 | 91,509 | 311,905 | 264,233 | ||
| 6.2 | SUPPORT COSTS | Charitable | 2023 | 2022 | ||
| Activities | ||||||
| £ | £ | £ | ||||
| Insurance | 605 | 605 | 615 | |||
| Outings/Meetings/Events | 19,060 | 19,060 | 28,401 | |||
| Legal&Professional (Governance) | 6,411 | 6,411 | 3,106 | |||
| CommunicationandAdvertising | 19,252 | 19,252 | 17,947 | |||
| Audit Fees (Governance) | 3,000 | 3,000 | 2,509 | |||
| General Office | 21,619 | 21,619 | 11,930 | |||
| Rent and Service Charges | 21,562 | 21,562 | 16,121 | |||
| 91,509 | 91,509 | 80,629 |
| 7. | ANALYSIS OF SUPPORT COSTS | |||
|---|---|---|---|---|
| Basisof | 2023 | 2022 | ||
| Apportionment | £ | £ | ||
| Insurance | Activity | 605 | 615 | |
| Outings/Meetings/Events | Staff Time | 19,060 | 28,401 | |
| Legal&Professional (Governance) | Usage | 6,411 | 3,106 | |
| Communication and Advertising | Activity | 19,252 | 17,947 | |
| Audit Fees (Governance) | Administration | 3,000 | 2,509 | |
| General Office | Staff Time | 21,619 | 11,930 | |
| Rent and Service Charges | Staff Time | 21,562 | 16,121 | |
| 91,509 | 80,629 | |||
| 8. | NET INCOMING RESOURCES | 2023 | 2022 | |
| £ | £ | |||
| Net Incoming Resources are stated | after charging/(crediting): | |||
| Operating lease rentals | ||||
| - Office equipment | 2,295 | 2,650 | ||
| Auditor's remuneration: | ||||
| - audit services | 3,000 | 2,509 | ||
| 9. | INVESTMENT AND OTHER INCOME | 2023 | 2022 | |
| £ | £ | |||
| Covid-19 Grant Received | 29,654 |
follows: |
||
|---|---|---|
| 2023 | 2022 | |
| Number | Number | |
| Project workers and Administration | 8 | 6 |
| Chief Executive Officer | 1 | 1 |
| 9 | 7 | |
| The staff costs comprise: | 2023 | 2022 |
| £ | £ | |
| Wages and salaries | 176,058 | 164,430 |
| Social security costs | 10,868 | 13,403 |
| Pension costs | 26,639 | 4,433 |
| 213,565 | 182,266 |
| Irish ElderlyAdviceNetwork (Acompanylimitedbyguarantee,nothavingasharecapital) |
Irish ElderlyAdviceNetwork (Acompanylimitedbyguarantee,nothavingasharecapital) |
Irish ElderlyAdviceNetwork (Acompanylimitedbyguarantee,nothavingasharecapital) |
Irish ElderlyAdviceNetwork (Acompanylimitedbyguarantee,nothavingasharecapital) |
Irish ElderlyAdviceNetwork (Acompanylimitedbyguarantee,nothavingasharecapital) |
|||
|---|---|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS | continued | ||||||
| for the | financial year ended31March 2023 | ||||||
| 12. | DEBTORS | 2023 | 2022 | ||||
| £ | £ | ||||||
| Other debtors | 7,250 | ||||||
| 7,250 | |||||||
| 13. | CREDITORS | 2023 | 2022 | ||||
| Amountsfallingduewithinoneyear | £ | £ | |||||
| Taxationandsocial security costs | 1,942 | ||||||
| Other creditors | 10,893 | ||||||
| Accruals and deferred income | 45,531 | 39,659 | |||||
| 58,366 | 39,659 | ||||||
| 14. | RESERVES | ||||||
| 2023 | 2022 | ||||||
| £ | £ | ||||||
| At the beginning of the year | 11,476 | 14,862 | |||||
| Surplus/(Deficit) for the financial year | 31,928 | (3,386) | |||||
| At theendof the year | 43,404 | 11,476 | |||||
| 15. | FUNDS | ||||||
| 15.1 | RECONCILIATION OF MOVEMENTINFUNDS | Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||||
| £ | £ | £ | |||||
| At 1 April2021 | 6,790 | 8,072 | 14,862 | ||||
| Movement during the financial year | 4,019 | (7,405) | (3,386) | ||||
| At31March 2022 | 10,809 | 667 | 11,476 | ||||
| Movement during the financial year | 30,548 | 1,380 | 31,928 | ||||
| At31March 2023 | 41,357 | 2,047 | 43,404 | ||||
| 15.2 | ANALYSIS OF MOVEMENTSONFUNDS | ||||||
| Balance | Income | Expenditure | Transfers | Balance | |||
| 1 | April | between | 31March | ||||
| 2022 | funds | 2023 | |||||
| £ | £ | £ | £ | £ | |||
| Restrictedfunds | |||||||
| Restricted Funds | 667 | 217,905 | 216,525 | 2,047 | |||
| Unrestrictedfunds | |||||||
| Unrestricted Funds | 10,809 | 125,928 | 95,380 | 41,357 | |||
| Totalfunds | 11,476 | 343,833 | 311,905 | 43,404 |
| 15.3 | ANALYSIS OF NET ASSETSBYFUND | |||
|---|---|---|---|---|
| Current | Current | Total | ||
| assets | liabilities | |||
| £ | £ | £ | ||
| Restricted trust funds | 57,004 | (54,957) | 2,047 | |
| Unrestricted general funds | 44,766 | (3,409) | 41,357 | |
| 101,770 | (58,366) | 43,404 | ||
| 16. | STATUS |