2023-03-31-accounts

	Page
ReferenceandAdministrativeDetails	1
ReportoftheTrustees	2to6
IndependentAuditors’ReporttotheTrustees	7to9
StatementofFinancialActivities	10
BalanceSheet	aE
StatementofCashFlows	12
NotestotheFinancialStatements	13to19
DetailedStatementofFinancialActivities	20

Trustees:		DrIvanAnthonyGibbons	(Resigned09November2022)
		SeamusMcGarry	(Resigned09November2022)
		JimO'Hara	(Resigned09November2022)
		MichaelTimothyKingston	(Resigned01March2023)
		RosalindScanlon
		PeterJosephPower-Hynes
		DrAnneGoudsmit	(Resigned23December2022)
		ClaireMarieTighe	(Resigned23December2022)
		AnthonyHarte
		DavidBoyd
		AnneFlaherty	(Appointed06October2023)
		TroyMartinGallagher	(Appointed06October2023)
		RoryMullarkey	(Appointed06October2023)
		LucyBriggs	(Appointed06October2023)
Company	Secretary:	SeamusMcGarry	(Resigned09November2022)
Registered	Office:	IrishCulturalCentre
		5Black'sRoad
		London
		W69DT
Registered	CompanyNumber:	06100801(EnglandandWales)
Registered	CharityNumber:	1122387
Auditors:		Mercer& HoleLLP
		TrinityCourt
		ChurchStreet
		Rickmansworth
		Hertfordshire
		WD31RT
Principal	Office:	IrishCulturalCentre
		5Black'sRoad
		London
		W69DT
Bankers:		LloydsBank
		21-25KingStreet
		HammersmithLondon
		W69HW

				31/03/2023	31/03/2022
		Unrestricted	Restricted	TotalFunds	TotalFunds
	Notes	Funds	Funds
		£	£	£	£.
Income
Voluntaryincome	2	12,802	371,627	384,429	380,570
Incomefromcharitableactivities	3	416,654	s	416,654	189,791
Investmentincome	4	89	-	89	5
Totalincome		429,545	371,627	801,172	570,366
Expenditure
Charitableactivities
Programmecosts	5	383,126	382,701	765,827	580,103
Governancecosts Otherexpenditure	6	4,695 8,070	+ =	4,695 8,070	4,250 12,921
Totalexpenditure		395,891	382,701	778,592	597,274
Net(outgoings)/ income		33,654	(11,074)	22,580	(26,908)
Transferbetweenfunds
Netmovementinfunds		33,654	(11,074)	22,580	(26,908)
Reconciliationoffunds
Totalfundsbrought forward		(7,119)	2,025,269	2,018,150	2,045,058
Totalfundscarriedforward		26,535	2,014,195	2,040,730	2,018,150

	Notes	Unrestricted Funds =	Restricted Funds £&	TotalFunds 31/03/2023 £	TotalFunds 31/03/2022 £
Fixedassets
Tangibleassets	10	2,516	1,965,391	1,967,907	1,975,084
Currentassets
Debtors Cashatbankandinhand	Hi	22,300 27,363	45,250 49,763	67,550 77,132	28,121 90,545
		49,663	95,019	144,682	118,666
Creditors:amountsfallingduewithinoneyear	12	(25,644)	(46,215)	(71,859)	(75,600)
Netcurrentassets		24,019	48,804	72,823	43,066
Totalassetslesscurrentliabilities		26,535	2,014,195	2,040,730	2,018,150
NetAssets		26535	2,014,195	2,040,730	2,018,150
Funds
Unrestrictedfunds Restrictedfunds				26,535 2,014,195	(7,119) 2,025,269
Totalfunds				2,040,730	2,018,150

	Notes	31/03/2023	31/03/2022
		£	£
Cash flowfromOperatingActivities	14	(12,404)	(14,363)
CashflowfromInvestingActivities
Paymentstoacquiretangiblefixedassets		(1,098)	(2,491)
Interestreceived		89	S
Rentreceived		:	:
NetcashflowfromInvestingActivities		(1,009)	(2,486)
Netincrease/ (decrease)incashandcashequivalents		(13,413)	(16,849)
Cashandcashequivalentsat1 April2022		90,545	107,394
Cashandcashequivalentsat31March2023		77,132	90,545
Cashandcashequivalentsconsistof:
Cashatbankandinhand		77,132	90,545
Cashandcashequivalentsat31March2023		77,132	90,545

Voluntaryincome
	31/03/2023	31/03/2022
	£	£
Donations	12,802	14,256
Grants	371,627	366,314
	384,429	380,570

Grantsreceived,includedintheabove,areasfollows:
	31/03/2023		31/03/2022
	£		£
GovernmentofIreland:DFA&T2020/21ESP*	-		50,333
GovernmentofIrelandDFA&T2021/22ESP*	45,500		136,500
GovernmentofIrelandDFA&T2022/23ESP*	138,644			-
IrishYouthFoundation	7,000		9,387
IrelandFund	15,125			-
CulturalIreland	64,858		38,491
NationalHeritage	90,500			-
H&FCovidReliefFunds		-	39,143
ArtsCouncil		-	70,000
UniversityofLiverpool		-	12,500
NationalLottery	10,000		10,000
	371,627		366,314

	3 Incomefromcharitableactivities
		31/03/2023	31/03/2022
		£	£
	Educationalandculturalevents	193,099	113,449
	Barincome	126,208	27,259
	Roomlettings	81,660	40,353
	Commissionsreceived	252	604
	Otherincome	15,435	8,126
		416,654	189,791
4	Investmentincome	31/03/2023	31/03/2022
		£
	Bankdepositinterestreceived	89	5

		31/03/2023	31/03/2022
		£	£
	Costsofcharitableactivitiesincludinghostingeducationalandculturalevents	765,827	580,103
6	Governancecosts
		31/03/2023	31/03/2022
		£	£
	Auditors'remuneration	4,695	4,250
7	Netincome
		31/03/2023	31/03/2022
		£	£
	Netincomeisstatedaftercharging:
	Auditors’remuneration	4,695	4,250
	Depreciationonownedassets	7,740	12,921

Duringtheyearto31stMarch2023andthepreviousyear,	noemployeereceivedtotalemoluments	ofmorethan
£60,000.
Thetotalstaffcostswereasfollows:
	31/03/2023	31/03/2022
	£	£
Wagesandsalaries	172,461	129,442
Socialsecurity	10,780	6,793
Pensioncosts	3,497	2,166
	186,738	138,401

10 Tangiblefixedassets
		Office
		equipment
	Landand	andfixtures
	buildings	—_andfittings	Totals
	£	£	£
Costorvaluation
At1 April2022	1,965,391	86,827	2,052,218
Additions	=	1,098	1.098
Disposals	-	(1,589)	(1,589)
At31March2023	1,965,391	86,336	2,051,727
Depreciation
At1 April2022	-	77,134	77,134
Chargefortheyear	-	7,740	7,740
Eliminatedondisposal	-	(1,054)	(1,054)
At31March2023	-	83,820	83,820
Netbookvalue
At31March2023	1,965,391	2,516	1,967,907
At31March2022	1,965,391	9,693	1,975,084
11 Debtors:Amountsfallingduewithinoneyear
		31/03/2023	31/03/2022
		£	£
Tradedebtors		20,205	5,250
Otherdebtors		47,345	22,871
		67,550	28,121
12 Creditors:Amountsfallingduewithinoneyear
		31/03/2023	31/03/2022
		£	£
TradeCreditors		9,360	9,803
Taxationandsocialsecurity		7,832	12,189
Othercreditors		54,667	53,608
		71,859	75,600

31March2023				Transfer
	Asat			between	Asat
	01/04/2022	Income	Expenditure	funds	31/03/2023
	£	£	£	£	£
Unrestrictedfunds
Generalfund	(7,119)	429,545	(395,891)	z	26,535
Restrictedfunds	2,025,269	371,627	(382,701)	od	2,014,195
Totalfunds	2,018,150	801,172	(778,592)	<	2,040,730
31March2022				Transfer
	Asat			between	Asat
	01/04/2021	Income	Expenditure	funds	31/03/2022
	£	£	£	£	£
Unrestrictedfunds
Generalfund	25,465	204,052	(236,627)	-	(7,119)
Restrictedfunds	2,019,602	366,314	(360,647)	=	2,025,269
Totalfunds	2,045,058	570,366	(597,274)	-	2,018,150

Grantsreceived,includedintheabove,areasfollows:
	31/03/2023		31/03/2022
	£		£
GovernmentofIreland:DFA&T2020/21ESP*	*		50,333
GovernmentofIrelandDFA&T2021/22ESP*	45,500		136,500
GovernmentofIrelandDFA&T2022/23ESP*	138,644			-
IrishYouthFoundation	7,000		9,387
IrelandFund	15,125			=
CulturalIreland	64,858		38,491
NationalHeritage	90,500			=
H&FCovidReliefFunds		-	39,143
ArtsCouncil		-	70,000
UniversityofLiverpool		-	12,500
NationalLottery	10,000		10,000
	371,627		366,314

Reconciliationofnetincometonetcashflow	31/03/2023	31/03/2022
	£	£
Netincomefortheyear	22,580	(26,908)
InterestReceived	(89)	(5)
Depreciation	7,740	12,921
Lossondisposalontangibleasset	535:		:
Miscellaneousexpenses	1		-
(Increase)/decreaseindebtors	(39,429)	(8,279)
Increase/(decrease)increditors	(3,742)	7,908
Netcash flowfrom operatingactivities	(12,404)	(14,363)

ableoperatingleases,asfollows:
	31/03/2023	31/03/2022
	£	£
Withinoneyear	7,218		-
Betweentwoandfiveyears	28,874		-
Inoverfiveyears	9,324		-
	45,416		=

	31/03/2023	31/03/2022
	TotalFunds	TotalFunds
	£	£
Voluntaryincome	12,802	14,256
Donationsgrants	371,627	366,314
	384,429	380,570
Incomefromcharitableactivities
Educationalandculturalevents	416,654	189,791
Investmentincome
Bankdepositinterestreceived	89	3:
Otherincome
Otherincome
Totalincome	801,172	570,366
Expenditure
Charitableactivities
Programmecosts	765,827	580,103
Governancecosts
Auditors'remuneration	4,695	4,250
Otherexpenditure
Depreciationontangiblefixedassetsand
baddebts	8,070	12,921
	8,070	12,921
Totalexpenditure	778,592	597,274
Netincome/(outgoings)	22,580	(26,908)