Irish Elderly Advice Network
Charity Registratlon No. 1115711
Company Registration No. 5642515
Trustees, Annual Report and Unaudited Financial Statements
For the Year ended 31 March 2025

Reference and Administrative Details
Charity Name: Irish Elderly Advice Network
Legal Status: The Charity's governing document is the Memorandum and Articles of
Association dated 1 December 2005, as amended 13 December 2023.
Company Number: 05642515
Charity Number: 1115711
Reglstered Address: IEAN, London Irish Centre, 50-52 Camden Square, NW19XB.
Trustees who served durlngthe year:
Tom Wheeler (Chairperson)
Geraldine Casey, (Treasurer) (appointed 29 May 20241
M8ry Fi nola Marriott (Vice-chairl
William Faughnan
John Bernard O'connor
Maeve Heath (resigned 6 June 20241
Dr Mary Ni Lochlainn (appointed 29 May 2024)
James Clare
John Patrick Lynch {appointed 29 May 20241
Independent Examiners.. Shruti Soni Limited,
Chartered Certified Accountants
117A St. John's Hill. Sevenoaks TN13 3PE
Bankers: Natwest Bank PIC

Irish Elderly Advice Network
(A company limited byguarantee, not having 8 share capital)
TRUSTEES. ANNUAL REPORT
For the financial year ended 31 March 2025
The Iruslees, who are also directors of the Company for the purpose of the Companies Act, present
their annual report and financial slalemenls for the year ended 31 March 2025. This is also a
Directors, Report as required by Companies Act 2006.
The financial statements have been prepared in accordance with the accounting policies sel out in
note 1 of the accounts. They comply with th8 charity's governing document, the Charilies Act 2011.
and the Accounting and Reporting by Charities.. Slalemenl ol Recommended Practice I'SORP'I.
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland
1. Structure, Governance and Management
The organisation is governed by its Articles of Association and is managed by a Board of
Trustees who are also directors under company law. Trustees are recruited based on
skills, experience and community representation. New trustees receive an induction,
and ongoing governance training is provided as required.
Staffing Structure
Nora Mulready: CEO
Damien Gralnger: Assistant CEO and Head of Finance
Caroline Hetherton: Head of HR, Volunteering and Support; Secretaryto the
Trustee Board
Barbara Blake: Head of Housing and Caseworker
Kieran Parsons: Senior Caseworker
Clara Holland: Head of Community Development and Befriending
We thank all staff fortheir professionalism, dedication and compassion. We are very
pleased to report stable staffingwith experienced staff members in all roles.

Volunteers
IEAN'S work is made possible by a large and committed team of volunteers who
contribute to befriending, outreach, events, Lunch Clubs, fundraising and
administrative support.
We offer particular thanks to:
Lunch Club Volunteers and Admin volunteers
Volunteers from Haringey Community Collaborative
Befriending volunteers from Holloway Gaels GAA Football Club
Volunteers from St Thomas More Parish
Volunteers from Horohoe and Murphy-lrish construction companies in the UK
Their generosity and commitment significantly expand the reach of our services.
2. Objectlves and Activlties
Charitable Objectives
To promote any charitable purpose, in particular but not exclusively, forthe benefit of
older {aged 55 and above) persons who identify themselves as Irish resident in the UK
by, but not limited to: Relieving their poverty by the provision of advice and informatio n
about health, welfare, housing, and social benefits. The advancement of education,
including art, music and Srish culture. and the protection of health and the relief of
sickness and distress, includingthe promotion of social, recrealion and leisure
activities in the interests of socia I welfare and i n order to address isolation and i mprove
their quality of life.
In shapingour objectives for the year and planning our activities, the trustees confirm
that they have referred to the guidance contained in the Charitycommission's general
on public benefit and have complied with Section 4 of the Charity'sAct 2011.
3. Main Activities and Achievements in the Year
3.1 Welfare and Advlce Services
IEAN provided a comprehensive welfare service that included:
UK and Irish pensions
Welfare benefits and appeals
Cost-of-living support

Hardship grants and utility bill reductions
Financial stability and budgeting support
Care Act support and advocacy relating to care needs for older people and family
members.
Irish passport applications
Blue Badges and Taxi Cards
Our helpline operatecl Monday-Friday, 1 Oam-1 pm and is staffed by caseworkers who
can give advice on the spot. The Helpline is a priority area for IEAN and we are
committed having a non-automated service so that older people calling the Helpline
can speakto a person as soon as possible.
The Phone Line is supported by in-person appointments and drop-in services at:
Irish Elders Cultural Centre, Hackney (appointments and drop-in)
Kingsgate Resource Centre, Kilburn lappointmentsl
Monthlyoutreach at Irish Pensioners Forum of East London Istratford East
London) (appointments and drop-inl
St Joseph's Parish Centre, Islington (appointments and drop-inl. This service has
now moved to our Hackney office).
IEAN office at the London Irish Centre, Camden (appointments and drop-inj
Financialgains secured for older people: £3.6million.
3.2 Housing Support
IEAN is recognised for excellence in housingadvocacyfor older people, This yearwe:
Secured nomination rights with housing associations across 20 London
boroughs
Supported older people to secure safe. secure, long-lerm housing
Resolved issues includingdisrepair, damp, safety hazards, tenancy concerns
and complex landlord disputes
This service transformed lives by ensuring stable, safe and dignified homes. In the last
year. we housed 84 older people from homelessness. impending homelessness, sofa-
surfing. and inappropriate housing, into life-long, secure. sheltered housing in Housing
Associations and Alms Houses.

3.3 Irish Elders Lunch Club
Ourweekly Lunch Club continues to be a critical social and cultural support for older
people. It provides..
A hot. nutritious meal
Companionship and peer support
A culturally Irish environment of music, conversation and community
For many, the Lunch Club is their main social contact each week and helps combat
loneliness. We provided 3240 hot meals to older people In the last year.
3.4 Befrlendlng Servlce
The befriending service expanded signif icantly this year, offering:
Regular phone calls
Home visits
Emotional support
Practical assistance
The highlight has been our partnership with Holloway Gaels GAA Football Club, whose
players volunteer as befrienders. This intergenerational model has strengthened
community ties and created deep, meaningful relationships between youngvolunteers
and older people.
3.5 Cultural and Soclal Projects
IEAN continued to support these independent older Irish groupslcharities to develop
their projects..
Irish Pensioners Forum of East London
Irish Pensioners Choir- we assisted the IPC to become a charitythis year, a
milestone in the development of the choir.
These projects foster community, identity and belonging.

3.6 Partnerships
St Thomas More Parlsh
We are gratefulfor the strongsupport of Fr Clive Lee and the parish community ofst
Thomas More. Theirwelcome and practical support have enabled older Irish people to
stay connected spiritually and socially.
Irish Pubs in London
We warmlythank London's Irish pubs for their friendship and generosity. including:
Manions, The Auld ShilLelagh, The King's Head, and The Sheephaven Bay.
Their help with fundraising and community events has been invaluable.
4. Fundraising and Income Generation
We gratefully acknowledge support from:
Emigrant Support Programme IDepartment of Foreign Affairs, Government of
I relandl
Electricity Supply Board Dublin
National Lottery- Awards for All
Hackney VCS
Community and individual donors
Fundraising events and activities
The trustees confirm that all fundraising activities adhered to recognised standards and
ethical guideli nes.
5. Financial Review
Results forthe Yearto 31103125
Duringthe yearthe Charity received incometotalling £323,21412024: £302,673) of
which £249,687 was restricted12024: £239,130). Expenditure totalled £320,21712024:
£292,494). Net income forthe yearwas £2,99712024- £10,179}. Total charity funds at
theyear end were £56,58012024: £53,583) ofwhich unrestricted funds were É56,580
{2024: £50,329) and restricted funds were £nil12024: £3.2541.

Reserves Policy
IEAN'S Reserves Policy is to hold reserves equivalent to three months of net operatlng
costs to cover cash flow, contingency and to plan future costs which equates to
reserves of approximately £39.000. As at 31 March 2025, unrestricted reserves stood at
£56,580 which is higher than what is expected under the reserves policy.
Principal Funding Sources
The charity receives income from grants, donations, fundraising and welfare-related
project funding. The charity's principal grant funding sources are: Emigrant Support
Programme, Department of Foreign Aff airs and Trade, Irish Government,, National
Lottery Awards for All, Irel8nd Fund Great Britain and City Bridge Trust. In additional, we
fundraise throughoutthe year and receive donations from individuals and corporate
sponsors.
6. Principal Risks and Uncertainties
Key risks identified include..
Increased demand for welfare and housing support
Li mited availability of affordable, safe housing
Rising operational costs
Dependence on grant funding
Risk management processes include regular review by trustees, strong financial
oversight, safeguarding measures, and appropriate insurance coverage.
7. Plans for Future Periods
IEAN plans to:
Expand befriending and communityoutreach
Strengthen partnershipswith parishes and Irish communityorganisations
Increase capacityforwelfare and housing support
Develop additional cultural and social projects

Enhancevolunteer recruitment and training
Continue improving governance, safeguarding and digital systems
8. Statement of Trustees, Responsibilities
The trustees, who are also directors of Irish Elderly Advice Network for the purpose of
company law. are responsible for preparingthe financial statements in accordance with
applicable law and regulations.
Company law requires the trustees as the directors to prepare financial statements for
each financial year. Under that law the trustees have elected to prepare the financial
statements in accordance with United Kingdom Generally Accepted Accounting
Practice (United KingdomA¢counting Standards and applicable lawl including FRS102
"The Financial Reporting Standard applicable in the UK and Republic of Ireland" Under
company lawthe trustees must not approve the financial statements unless theyare
satisfied that they give a true and fair view of the state of aff8irs of the company and of
the net income or expenditure of the companyforthat period.
In preparing these financial statements, the trustees are required to;
select suitable accounting policies and apply them consistently.
make judgements and accounting estimates that are reasonable and prudent;
state whether the financial statements have been prepared in 8ccordance with
applicable accounting standards, identify those standards, and note the effect
and the reasons for any material departure from those standards; and
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the companywill continue in operation.
The trustees are responsible for keepingadequate accounting records that are
sufficient to show and explain the company's transactions and disclose with
reasonable accuracy at anytime the financial position ofthe company and enable them
to ensure that thefinancial statements complywith the Companies Act 2006. They are
also responsible for safeguarding the assets of the company and hence fortaking
reasonable steps f or the prevention and detection of f raud and other irregu larities.

In so far as the trustees are aware:
there is no relevant audit information (information needed by the company's
auditor in connection with preparing the auditor's report) of which the
company's auditor is unaware. and
the trustees have taken all steps that they ought to have taken in order to make
themselves aware of any relevant audit information and to establish that the
company's auditor is aware of that information.
Approval
This reportwas approved bythe Board ofTrustees on
on its behalf by:
and signed
Tom Wheeler, Chairperson
2211212025

Independent Examiner's Report to the Trustees of Irish Elderly Advice Network
I report to the charitytrustees on my examination of the accounts of the company forthe year ended 31 March
2025 which are set out on pages 12 to 23.
Responsibilities and basis of report
As the charity trustees of the company land also its directors for the purposes of company lawl you are responsible
for the preparation of the accounts in accordance with the requirements ofthe Companies Act 2006 {'the 2006
Act'l.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of your companls
accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'}. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145{5llbl of the 2011
Act.
Independent examiner's statement
Since the companws 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 Association of Certified Chartered Accountants, 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 ofthe 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 lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 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..
Shruti Soni FCCA ACIE
Shruti Soni Ltd
117a St Johns Hill
Sevenoaks
TN13 3PL
Date 22 december 2025

Irish Elderly Advice Network
Statement of financial activities li ncorporating an income and expenditure accountl
For the
ear ended 31 March 2025
2025
2024
Total Unrestricted
Restricted
Total
£IRestatedl £IRestatedl £IRestatedl
Unrestricted Restricted
Note
Income from..
Donations and legacies
Charitable activities
Cost recharge from I rish Pensioners
Choir
Event Income
Other trading activities
45,843
249,687 295,530
46,797
239,130
285,927
10,910
16.734
40
10,910
16,734
40
480
16,016
250
480
16,016
250
Total income
73.527
249,687 323,214
63,543
239,130
302,673
Expenditure on..
Raising funds
Charitable activities
22,451
44,825
22,451
297,766
17,650
36,921
17,650
274,844
252,941
237,923
Total expenditure
67.276
2S2,941
320,217
54,571
237,923
292,494
Net Income / (expendlture) for the year
6,251
13,2541
2,997
8,972
1,207
10,179
Transfers between f unds
Net movement in funds
6,251
13,254)
2,997
8,972
1,207
10,179
Reconci liation of funds..
Total fu nds brought forward
50,329
3,254
53,583
41,357
2,047
43,404
Total funds carried forward
56,580
56.580
50,329
3.254
53,583
All of the above results are derived from continuing activities. There were no other reco9nl sed gains or losses other than those stated
above. Movements in funds are disc105ed in Note 12 10 the fi nancial statements.

Irish Elderly Advlce Network
Company no. 5642515
Balance sheet
As at 31 March 2025
2025
2024
Note
Current assets..
Debtors
Cash at bank and in hand
25,578
75,055
8,563
154,927
100,633
163.490
Liabilities..
Creditors= amounts falling due within one year
44,053
110,907
Net current assets l (liabilities)
56,580
52,583
Total assets less current liabilities
56,580
52,583
Total net assets l (liabilities)
56,580
52,583
The funds of the charity..
Restricted income funds
Unrestricted income funds..
General funds
3,254
56,580
50,329
Total u nrestricted f unds
56,580
50,329
Total charity funds
56,580
53,583
The chariiable company is entitled to exemption from audit under section 477 of the Companies Act 2006
for Ihe year ending 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31
March 2025 in accordance with section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for
la) ensuring that the charitable company keeps accounting records ihai comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company
as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to charitable Small companies.
Approved by the Trustees on 22 Dec 2025 and signed on their behalf by
Tom Wheeler Chairperson

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
l Accounting policies
a) Basis of preparation
The financial statements have been prepared in accordance with 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) 2019, the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006,
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy or note.
b) Pu bl ic benefit entity
The charitable company meets the definition of a public benefit entity under FRS 102.
cl Going concern
The trustees consider that there are no material uncertainties about the charitable company's abllity to
continue as a going concern.
There are no keyjudgements that the charitable company has made which have a significant effect on the
accounts.
d) Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires
trustees to make estimates and judgements that affect the reported amounts of assets and liabilities as well
as the disclosure of contingent asset5 and liabilities at the balance sheet date and the reported amounts of
revenues and expenses during the reporting period. There is estimation uncertainty in calculating
depreciation. A review of fixed assets is carried out by the trustees regularly. Whilst every attempt is made to
ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not
match the useful life of the assets.
e) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to
the income have been met, it is probable that the income will be received and that the amount can be
measured reliably.
Income from government and other grants, whether'capital, grants or 'revenue' granis, 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.
Income received in advance of the provision of a specified service is deferred until the criteria for income
recognition are met,
f) I nterest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by
the charity,. this is normally upon notification of the interest paid or payable by the bank.

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
l Accounting policies (continued)
g) Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets
these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable
purpose5.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
h) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party,
it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings..
Cost5 of raising funds relate to the costs incurred by the charitable company in inducing third parties to
make voluntary contributions to ii, as well as the cost of any activiiies with a fundraising purpose
Expenditure on charitable activities includes the costs of provision of space and services undertaken to
further the purposes of the charity and their associated support costs
Other expenditure represents those items not falling into any other heading
Irrecoverable VAT is charged as a c05t against the activity for which the expenditure was incurred.
i) Operating leases
Rental charges are charged on a straight line basis over the rerm of the lease.
J) Tangible fixed assets
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated
to activities on the basis of the use of the related assets in those activities. Assets are reviewed for
Impairment if circumstances indicate their carrying value may exceed their net realisable value and value In
Use.
Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the
assei will be shown as a revaluation reserve in the balance sheet.
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual
value over its expected useful life. The depreciation rates in use are as follows..
Computer Equipment
straiqht line over 3 years
k) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
l) Cash at bank and in hand
Cash at bank and cash 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. Cash
balances exclude any funds held on behalf of service users.

I rish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
l Accounting policies Icontinued)
m) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
seiilement amount after allowing for any trade discounts due.
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 setilement value with the exception of bank loans which are subsequently measured at
amortlsed cost using the effective interest me(hod.
n) Pensions
Employer contributions to employees defined contribution pension schemes are charged to Statement of
Financial Activities during the year.
2 Income from donatlons and legacles
2025
Total
2024
Total
£(Restatedl
Unrestricted Restricted
Website Donations
Client Donations
Corporate Donations
Paypal Donations
Sponsorships
Emigrant Support Program Grant
Ireland Fund Great Britain Grant
Lottery- Community Grant
Caritas STM Lunch Club Grant
City of London Culture Grant
L B Hackney Grant
Tottenham District Grant
Mccarihy Stone Grants
Percy Bilton Grant
Hackney Giving
261
12,183
33,399
261
12,183
33,399
3,659
20,770
3,256
18,000
156,563
4,000
35,063
9,834
31,800
1,470
400
173,000
12,000
39,937
15,000
7,500
173,000
12,000
39,937
15,000
7,500
750
750
750
750
750
750
45,843
249,687
295,530
285,927
Out of the donations and grants received in 2024 1£285,9271, £46,797 were unrestricted and £239,130 were
re stricted.
Income classification for 2024 between Income from Donations and Legacies and Charitable Activties has
been restated to ensure consistency.

Irish Elderly Advice Network
Notes to the financial statements
For the year ended 31 March 2025
3 Analysis of expenditure
Support
Costs
2025
Total
2024
Total
Staff Costs
Other Costs
Cost of Generating Funds
17,970
4,482
22,452
17,650
Charltable Activities
Welfare services
Cultural and Social activities
177,389
60,937
44,242
15,198
221,631
76,135
190,224
84,620
Total expenditure
256.296
63,922
320,218
292,494
Of ihe total expenditure, £67,276 was unrestricted 12024.. £54,571) and £252,941 was restricted12024'.
£237,923).
Support
Costs
2024
Total
Staff Costs
Other Costs
Cost of Generatin9 Funds
13,110
4,540
17,650
Charitable Activities
Welfare se rvices
Cu Itu ral and Social activities
140,994
42,628
400
27,229
48,830
14,763
190,224
84,620
Total expenditure
196,732
27,629
68,133
292,494
Breakdown of Support Cost
2025
2024
£(Restated)
602
Insurance
Outing5 1 meetings l event5
Governance (legal and professional)
Communication and advertising
Governance (audit fees)
General offi ce
Rent and service charges
Total Support Cost
820
18,917
2,273
7,473
1,394
4,513
32,998
960
20,352
19,486
63,922
68,133

Irish Elderly Advice Network
Notes to the financlal statements
For the
ear ended 31 March 2025
Net incoming resources for the year
This is staled after charging I crediting..
2025
2024
Operating lease rentals:
Office Equipment
Auditors, remuneration (excluding VAT)..
Audit
Independent examination
2,640
2,640
4,513
1,860
Analysis of staff costs, Trustee remuneration and expenses, and the cost of key management personnel
Staff costs were as follows..
2025
2024
Salaries and wages
Social security costs
Employer's contribution to defined contribution pension schemes
Freelance Staff
219,244
17,779
5,951
13,322
175,152
11,629
6,713
3,238
256,296
196,732
No employee earned more than £60,000 during the year (2024,. nil).
The total employee benefits excluding pension contributions of the key management personnel were
£58,92012024.' £47,033).
The charity Trustees were not paid or received any other benefits from employment with the charity in the
year (2024.. £nil). No charity Trustee received payment for professional or other services supplied to the
charity (2024: £nil).
Trustees were not received payments for any reimbursement of travel and subsistence costs during the year
(2024-. £nil).
Staff numbers
The average number of employees (head count based on number of staff employed) during the year was as
fol lows..
2025
2024
No.
Project Workers and Administration
Chief Executive Off ice r

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
Related party transactions
There are no related party transactions to disclose for 2025 12024.. none).
There are no donations from related parties which are outside the normal course of business and no
restricted donations from related parties.
Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is applied for
charitable purposes.
Debtors
2025
2024
Trade debtors
Other debtors
20,000
5,578
3,580
4,983
25,578
8,563
l O Creditors: amounts falling due within one year
2025
2024
Trade Creditors
Other Creditors
Accruals
Taxation and social security
Pensions
Deferred income
7,246
524
3,710
526
2,547
29,500
10,382
524
13,017
2,547
84.437
44,053
110,907

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
I l Analysis of net assets between funds at the end of year
General
un restricted Designated Restricted Total funds
Tangible fixed assets
Net current assets
56.580
56.580
Net assets at the end of the year
56,580
56,580
Analysis of net assets between funds at the start of year
General
unrestricted Designated
Restricted Total funds
Tangible fixed assets
Net current assets
50,329
3,254
53,583
Net assets at the end of the year
50,329
3,254
53,583
20

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
12 Movements in funds
At the start
of the year
Income & Expenditure
gains
& losses
At the end of
the year
During the year
Transfers
Restricted fund s..
Restricted fu nd s
3,254
249,687
(252,941)
Total restricted funds
3,254
249,687
{252,941)
Unrestricted funds:
General funds
50,329
73,527
167,276)
56,580
Total un restricted funds
50,329
73,527
167,276)
56,580
Total funds
53,583
323,214
1320,217)
56,580
At the start
of the year
Income & Expenditure
gains
& losses
At the end of
the year
Durlng prevlous year
Transfers
Restricted funds:
Restricted funds
2,047
239,130
(237,923)
3,254
Total restricted fu nds
2,047
239,130
1237,923)
3,254
Unrestricted funds
General funds
41,357
63,543
154,571)
50,329
Total unrestricted funds
41,357
63,543
(54,571)
50,329
Total funds
43,404
302,673
(292,494)
53,583

Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
Purposes of restricted funds
The Emigrant Support Program (ESP) grant is a 12 month grant that funds both our welfare and core
projects. It allows us to deliver crucial services to the ex-pat older Irish community in London.
The Ireland Fund Great Britain (IFGB) grant was awarded to help fund a chef for our weekly lunch club for
the Elderly Irish Community from our cultural centre in Hackney.
The Lottery Community Fund grant was awarded to help IEAN reach as many vulnerable older people
struggling with the cost of living and help them obtain entitlements and benefits.
Caritas partnered with IEAN and St Thomas More Parish, Hackney to help run our weekly pensioners lunch
club which also connects people in the community and links them to other services.
LB Hackney awarded IEAN funding as community champions in the borough of Hackney promoting our
own and other providers seNices.
We receive Small grants from Tottenham District on behalf of older residents to allow them to buy
furniture or white goods when we have secured them a permanent home.
Mccarthy Stone, Hackney Glvlng and Percy Bilton awarded grants for our communlty kitchen and
Christmas meals for Pensioners whlch brings older people together for a shared meal and a community
event at Christmas.
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Irish Elderly Advice Network
Notes to the financial statements
For the
ear ended 31 March 2025
13 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. The liability of each member in the
event of winding up is limited to an amount not exceeding £1.
14 Deferred Income
Government of Ireland Emlgrant Support Programme
A grant of £158,000 was received for tkie year from I stjuly 2024 to 30th June 2025. The funds were
restricted for the following projects,, Culture and Core Project £70,000 and Welfare Project £88,000.
Nine months grant income was utilisted in the period to 31 st March 2025. Just over three months grant
income amounting to £29,500 has been deferred to the 2025-26 year and will be utilised by 30th June
2025. Three months grant income amouniing to £44,500 deferred from 2023-24 has been uiilised this
year. Funding each year is conditional on written confirmation from the Irish Government of IEANS core
funding.
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