The London lrfsh Centre Annual Report and Audited Financlal Ststements for the financlal yoar ended 30 Saptember 2020 ALLEM TULLY & CO 19 P•ltt• London SEI9 2LT The London lrfsh Contre CONTENTS Pag• Tru5tees' Annual Rwrt Bal￿ Sheel 10 Stat•rnrt of C85h Fkvh7 11 N(*8s to FIna￿￿1 Stalements 12-20 The London Irish Centr• IA Mmp•rty 1Srntt•d byguarant￿, not hwlnq • •h•r• capitsr) REFERENCE AND ADMINISTRATIVE INFORMATION Ms Rosa￿ Bllir CBE (Cli￿) {ApFoini8d 22 Jar¥Jary 20201 Mr Nyall J¥cobB (Treasurer) Mr Michael Or￿nn0r Mr P81iick Doh•rty Ms Mary K•rrfgan Mr Torn Goddard Mr lan McKirn Mr Alox O'CinnewJ8 Mr Michaol Roddy Pls M&ura ￿G0W8n IApOnt8d 22 Jar5u8ry 2020> Ms Doyl& (Resignod 13 November 20201 *$ Anne (Resw 3 Fobnwy 20201 Cht•l Ex•culiv• Ollk•r Ms Ellon Ryon Ch•rlty Nurnb•r In England Ind W•l•¥ 1149787 Comp•ny Mumb•r 8221421 London NWI 9XB Audlt•r• ALLEN TULLY& CO 19 PAla¢e Squ8r8 London SE19 2LT The London Irlsh Centre IA¢¢>mp•ny Wmtt•d by gu•rwrt¢o. I￿VIng ••l*M t*pltsll TRUSTEES. ANNUAL REPORT th? financlal y•ar endod 30 September 2020 The twstees present ￿1r Trustees, Annual Rewt, combining Ihg Dor￿018, Report and Trust••$' Report and th• audltsd financlal stat•menl8 fcrf lh8 fina)¢aal year endèd 30 Septwnb•r 2020. Th• financial stat•m•nt5 ar& prepared in accordance with th• c¢￿panIeS kt 2006. FRS 102 'The Fknand Reporun9 Stsndard aF9kab￿ in the UK and Re￿￿C of Ireland. and knO￿ting and Repry￿TrJ by Charib85'. statornent d Rerxrfnm•TrJ8d Prartice apF4kJble to tharities Ihaw fina￿la1 s￿*M￿nts In •rmdarta v41th the Finanra￿ Rep)rtWlg SIwKlard applK*l& In UK and Repubk of lrnland IFRS 1021. Tho Trustees, R•port contslns the 0rtorni•tS￿ roquwed to be wovld•d In the Tru5teeo' AnThJal Report ￿leT tho ststement of Recoffjm￿ded Prathe ISORPI 9uldelino$. Th• trust888 ol company •r• also chanty trustees lor the purpo89 of charity Iw under the companls con$titution are known as m8rnber5 of tho board of trust8eS. In tl¥s r￿￿ ttx¥ trustees of Th• Lonth)n Irlsh Centre present a 5￿Mory of its purpose, govemonce, &tivth8. and financ•s fortho finaneial ffnartlal y•ar 30 S•ptomber 2020. The oyrwny is a rwred a)d herK• Ihfr reFrfYt and ar• pr•s•ntthl in a fomi whhth cc¥￿11￿ with th• ￿q￿rnments of Ihe Companigs Act 2006 and. 8ttlb)ugh not obli9ed to comFty wth th• Stslement ol RecomM￿ded PrydeUc• ISORPI as issu•d by Ih• Charlty CThnrr¥ssioners frjr England and W81es In October 2005 (updated in X￿0). th• or9•nisation has ImF4•mentgd its rwOmmondatior￿ whoro rnl•v8nt in th•s• fimncial 8ts1ernonts. Fln•nclal R••ult# At th8 eThY of the fin8noal year the (x)mpany hos assgts of £6.653,038 12019 £e,028,831) latiltw of £1,085.93712019- É871.2521. The net ass•ts ol Its ccmpany have i[￿￿4¥ed by £609,522. Th• 8eryed throughout the fin￿cl•l >*¥r. •xW as nol•d, ￿1* as f0kn￿: Ms Rosaleen Blalr CBE (Chal￿r$onl IApFolnt•d 22 January 20201 Mr Ny811 Jaeobs ITrea8ur•rl Mr Mlchael O'conncf Mr Patrick Dohety Ms Mary Karyan lan Akx Ofinnoh1• Mr Mlehaol Rothty MS Maura KtGowan IAppoint8d 22 January 20201 Ms Anna Doyle IR8slgn•d 13 Nov•mb•r20201 Mrs Anne mcL￿ghl1n IRèsl9Md 3 F8bruary 20201 In aCcOrfa￿ the Aths of A$￿￿al￿n, Ihe retirg by •vJ. t•iNJ eth9￿¥￿•, (Il•f thernskn I Compllan¢ewKh S•etor¥lld• Ltyl#latlon •nd sittndprds Th8 company 8ty8985 prfyactivdy with lègislabon. slandths aThY codes ￿lch are de¥Alts￿d the $•*r. Thg London lrfsh cant￿ 5ubs&lbe5 to and is ccfflpllant ￿ tho follth*inp'. Thè Companlss Act 20C6 The Chariti•$ SORP IFFIS 1021 Audltor• Th• 8uditOlS. ALLEN TIJLLY & CO havè •)d*ated to office In acoYd￿¢0 YAith of S*lxJn 485 olthè Cornpaws N£t Approv•d by th• B￿rd ol Tru•t••s on 06 •thd #19n•d *)n Its bghall by. o•alwn Blalr C8E IChilrp•r•on} Tru•l•• MrNya TN•t•• b• (fr•uurnrl Th• London Irish Centre TRUSTEES, ANNUAL REPORT Tho Chaftty delrveTr in *rfth h dwrft£ble ¢i)ieLlries tt¥ouoh • of Serwus •cro•• delivered both remotely via social m8dia and web platfonns as wdl as via dirf fac4 lo face ￿￿89￿M•nI. The WD¥th$•d￿al￿￿ aNJieamin9r4yxtunrtiesloraMage gr0Lysa￿I art. Culhtreand HitsJ• Tho Charity M￿nt￿"n$ one of th• 1grg•st thlin• Irfgh o)mmunrfiv5 in Brft8in. prO￿dIng a fcyum for n•h¥orking. The Camden Centre an ￿￿[￿nI aTrl a￿￿tle Iwb. prtr4**r¥J afk)rd8bk• offie• space kn a Nmb8r d rn•NJth)t The Ch*f ExwJlive Offiw (CEO) provide8 leadership sirategic dIrec￿on to the charity. and report8 to the The Board of 12 trustees is resFon%bl• ts oversitht and &￿•ManCe and d•v•lcps the Strateg￿ dlroctiLYJ for the and wkJ•r wblic ￿￿￿"cY. FNe Boar4J ￿mmunty wvir*A, fin•Ke. afftilre. ￿￿1(4)￿nt m)Ai•ni Chair R£￿￿88n Blar CBE toc** ￿$t wt way through th• finwal yew. klke ex￿inu•S to I￿jUdin9 a hi9her p￿￿tF￿e of wxkiTrJ proknsi￿￿$. *)r ar• •xlr•mdy Weful. Art• •ryl Cultswe: In 2020. cthanty to cys it8 pwrammfr of Iiish ojlturd aLai¥itle• prv41ded In Fulur• Plan• SU5tsw)8bAty. t)uè to p￿r layout 8rK1 ayeing tdC4"lrties. nJnThrwJ ￿￿t¥ inueasirwJ and fv aiilty to M￿lmi8e The London Irl8h Centre TRUSTEES, ANNUAL REPORT for tr* year erthl 30 Sept&nt*t 2020 extensFve eortsu1tyt￿n wth 8 wde range ol stakehcAdeT3 thToughcAJl 2019 & 2ff20 and w¢ were very èx¢Jted and of Lc¥hS)n Irffjh Cenlm's Se￿1￿ Be fill￿ aC￿881b[e and indusNo, remowng barriern In SUPF>)rt of ourwarm Irish w?IcLYne'. ¢thAal as8et Lc*th.' Create a modem. flexible arbj safe wc*king environment for 8t8ff arnl vdunieer8.' skny olthe lrfsh in London., Have environmen181 sustaina￿lIty frcfjl and ￿ntre in the desvJn ar*i trMJthJ. lTrS(Klkng now wn spa￿1 The Trustees ￿ rnuch apprec￿le th¥ hlgh qualty olservlce given io the Londm ltsh Centre Charity by its staff. in 2￿20. Th? Trusiees are dèeply gr•teftA forthe f￿￿1￿1¥1 supwrt frc*nthe many donots. foundatKJns and trusts thai expocaabons. This surplus has larwy arisen frcffl oiants of £lm Irvrn the Irish ￿r￿Dent V•hich has su￿Orted lo E219k during the y081. Therefore, lolal Inwne rew1*J at £2.28m up 47% o¥Erall on last year With totsl •ynses wKreasing ty £144k (9.4%) to £1.67m. Th• TIUS￿￿8r8 to ieK¥xtthatthe Ch*rfy the Ch*ity ts fa￿g in the forth¢C¥nm￿ year has Seen le¥el ofseryKa Iwgeted lose Charity ha5maint*n￿l i15Staff at24 to ensure it(ande￿￿ its h￿*qu￿￿8erV1ceS to th8 {￿lM￿l￿ty1tse￿es. pe¢* Ihe Cash fpserye8 of £1.3m dearty reflects Ihe success of Ih? income generatson slTategy. There￿, the Chartrf refflair% confthnlthal it e4n to maintsin and gicyw hs ser¥i￿t0 meet the demarMI fin•noal ￿. The London Irish Centre IAcwp•ny Ilrnlt•d by ￿1*￿￿•. nol h•vin# i •h*r• STATEMENT OF TRUSTEES. RESPONSIBILITIES for th• finar￿[al year ended 30 Septenknf 2020 The trusi•88, vtho ¥r• also dir•¢tOf5 of Th• London I￿Sh Centr• for the puwes ofeompany bw, ￿ Trlponslts￿ for pr•parfng the fina￿81 stsl•nK•nts in accordanctr ￿th appli￿bIg1￿￿ •nd r8gul8tl¢)ns. com￿nY law r•wirng lh• InNlo•5 a5 thè to pr8parn finartlal $tAtements for fw)ancial y•ar. Undw that tho Iru5t•ès ha%e 818Cted to prepare the finandal Slat•m￿ts in accordanc• W•llh United Kingdom G￿leraty Aeceptod Accounts)g Pr8thlc8 (United KlrWcffl Ac£ountmg Stsndards aThJ aH)licable Inclut*rg FRS102 'The Flnanclal Reporting s￿ndard applicable in th* UK #nd Republlc ol Ireland.. Utsder Com￿Y 1*4 th8 biJsl8•s must not approve th8 nnanclal statements unbss they 8r• satisffi￿ that they gSve a Iwe 8nd fair ￿eW ol the 8lat• ol aflairg 01th8 9>n￿nY and ol the or exp•ndKur• olth• mmpany lor that perfod. In ￿parry th*58 finandal 8tat8ments. the trustws are required to: se1￿1 accwnb'r*J pohues and appl¥ ¢h8rn ￿SIStenI￿". make judgements and •stwnate5 that aff• r•aSOnab￿ and prud8nt.' $tale *fiether Ih8 finandal slatsffjents have ￿ prapar¥d in acwdance relMt r8POrtift9 frame￿rt. lden￿fy those slandard$, 4nd nol• ihe 8ffect th• ièasons for any matsrial dep&￿r¥ fmrn thos¥ Itandards,. aThY prepar• the finanoal 3lat•rnents on the goirs c¥)r¢om bath unless it h Inapproprlate to pr•surre that the ¢ryny *+ill ￿nt￿lJe In (y8rntK*n. The trustees are rnsponsth for keepiNJ ad&4uat• act￿n￿r￿j Iwyds that are sulndent to show and •xplain the companys Iran8arAKms and diseljse v+ith r8asonatAe aCe￿a¢Y at any time Ihe ￿ar￿lar kw)5[￿￿ of lh• c¢¥npany and enabl8 them to ensure that the frnanThal stalem•nts comply ￿ th• Companies Ad 20C6 the char￿*$ Ad 2011. They ar• •150 f8SF(Jnsibb tLY safeguardlryJ the Assets of the CoMp￿Y 8nd herth fcrf taking reasonable 9tops for the prev•nlh)n and deteLalon of Iraud and othef Irre9ulorili8S. In w far as the tsw$teg9 ar• ￿Te. th81& Is no relev￿1 audit inlonnatb)n 11nfonr8i￿ need8(I by c¥)mw￿$ audtor li wllh pr•padThJ Ihe auditorf5 reMI ofwhieh the oJmpanY$ auditor is un4ware, an¢J Ihe tru8t••s hav8 taken *1 tho stsp$ that they 0￿h1 to hav? tak¢n a$ trusiees in order lo th•m581¥es aware ol any re￿varnt audit Info￿al￿)n and to 68tgbMsh thal the companls auditor Is awar• ol Ihat Infornwtion. (S and slgn•d on R• b•h•ll by. M¥ Rosaleo Tru•t•• lalr CBe IChalrp•rsonl MT Ny*ll Ja (Tr•4wr•r) INDEPENDENT AUDITOR'S REPORT to th• Members of The London Irlsh Centre IA¢¢ynp4ny Umit•d by guar￿11•. Th)t h•Yln9 • •h•M eaplla R•port on th• •udlt of th• tkn•ncl*l •tatarn•n Oplnlon W• have oudited th• conwany financial statemenls of The Lon¢Jon I￿￿h C•)tre lkn• for Ihe fwMrKial year 30 Sept•mb•r 2020 comkytsa thfr &alement ol Flnawat Acb"vlbes (In¢Wr￿￿rffiJ an IrrAYr• ar¥1 EyThJitur8 Act￿tI, lh8 Bal8ne8 SWL the Slatement of Cash Flo￿ rotes to th• finarKaal siaternènts. I￿luding lh• sumrnary of svJnifieant aLwJnting polioe5 s•1 Lxrt In note 9. Th• flnaneial reporting fram•*ork that has bo•n appli•d in t￿1r pr8paration 18 aKJlieable law and Unit•d KlrrfJdorn Awunting Standa￿19, Induding FRS 102 he Fln8nLyal Roporhng Standard ¥Jplicabl• In tho UK and R•public Of IrelaN1" aTrJ k¢ountiThJ and R•portiTrJ by ChariU•s.' Statem•nt of R8eomm*thl Pract￿ apF*c4bte to eh&rititiS W8p*lng lho￿ xo)ftlarce *fth FRS 102. In our opkn1(￿. when reporting In ac¢ordanc8 wilh a lair pres8nlatKJn frame￿ork il* financial staternents.. glve a true and lair view of t1￿ stale of the companV$ alfairs as at 30 Seplomber 2020 and of its surplus lor th• finan¢l81 year Ih•n ended: havfj been prepa￿) in accordanc• wth the r•wirements ofthe &)rnpan￿ A£t 2006. BMI• tor oplnlon We c¢nducted our 8udlt In accordanee with Int•mational Standards on AAJditlng IUKI IISAS IUKII and applicab* ￿w. Our r8¥w￿bIllies ￿￿er those Standards arg thJrthor dtstsib•d ￿ the Au¢Mtorf¥ reSp￿sIbIli￿o$ for the **Jlt of the arKlal stalerrnnts So￿l0n of thjr rerKVt. Wg ar• indepentsnl ol Iho CLvrpany in accorfan¢8 *ith alh￿al requlrnmBnts thal ar• io ￿r audit of th• firoroal stat•ments in IhD UK, in￿thn9 Ihe FRCS Ethical Startda￿, and thg Ple￿510n$ Avai18bl• for Audits of Smal Enb11￿, in the oruJmstsnce8 s•1 out in Note 11 to Ihe finandal 8tatern?nls. and we havg fulfilled ￿r oll*r ethic*1 respon5ibillties In accordance ￿1h these req￿Ternonts. We b¥li•ve that tho audit evidenc• we havg Ot)ts1￿ is sufficlent and apprcprfato lo provkje a l)asls tr our oplnh)n. Conelu*lon• r•l*lng to golny ¢onc•rn We h•ve nothiThJ to r•pyt in ￿pect o11h• fol￿ng matters in rO￿tir￿ to ￿[ch IS48 IUKI require us to repyt b) you the tTUStees' uffe of tho sK)In9 Ccrtem bas1$ c4 accounting In thg preparabon of Ihe ffinaroal $tstem•nts is mt approprfate- or tru$tee5 ha￿ nci d￿10￿ finandal ststemgni¥ wJ8nb"f*iJ material thpt may casi 8iwlcanl doubt about the ¢￿MpanY'S ablty ￿ contwiu8 th6 9)Ing C4yicern basis ol accountirg for a p•rio(J ofat lèast Tr)nlh6 Irom thè date when the financial slat6rn9nts •r• aulfrK)rb•d lor is$￿. Oth•r Informatlon The othef infonnation C4yrwes the Informalbn In th• 4nThJal olhar than Il* final￿1 *at•n*nts aThl our Rowrt thweon. ￿ trustees aTe r•S￿¥)nSitI* for olher infoTmab'on wntain&l within ihe annual report. Our opIn￿n on Ih? finanoai ststement$ ts)es nat cover the othor Infomiabon and. ex4gpi to th• gxtent e￿$0 expliridy stal•J in our report, we do not express wy lorrn of assurance condusion Iheroon. In cefingction *ith our ￿dit ol th• fffiandal stat￿ents. ¢￿r rUpC¥￿1blhity is to r¢ad Ihe oth•r thrnai¢n and, in thing so, ca￿der thether Iha cthr infomation Ls malertalty I￿lS￿￿OnI wAth tho finandal 5tatw8nl¥ know18dge obta'wj in Ihe audit, ty otheEwi50 aP￿arS to be makn'aity misstated. 11 we identify such mai•rial IT￿￿1￿1￿nfi9$ or appar•nt materfAI misstat•m8nts, w8 are rgquired 10 d8tgnnin8 bthgther tha￿ is a material misstatement in the finanual staigmonts or a mat8t1al mi55tatemenl ol the other Infonnallon. 11. based on the work we hav• pVrfom￿d, we eoKiude that ther? a rnatertol mi$stat&nerrt ofthis other inf¢maticxi. Are to report that lael. We tsve ncthin9 to report in th55 ward. Optnlon on oth•r matt•r pw•s¢rlb•d byth• Cornp4nl•• Act 2M6 In our opinion, bas8d on the undertaken in the ctyjrse ol th& audit.. the informotion glvgn in the Trustees, AnThJal Report lor the financi81 year for wthich tho fin&)dal 5tatemenl$ o Prepar￿ is consislenl with thtr financial 5tatements', and INDEPENDENT AUDITOR'S REPORT to the Members of The London Irlsh Centre (Acompany Ilmh•d by warant••, nothavlng a $har• Mpltsll Matt•r* on whl¢h w• am r•qulr•d to r•port by •x¢•ptlon In the lighl of our kTh)l￿ed9e and understanding of the ￿rnPany 4nd its en¥iTonrn8nt obtainèd in the coufse ol tho audil, we havo not idenb'fied mat¥rial mi$state￿nts in the Tru5tees' Annual Report. We hav8 nothing to rerort In T￿pecI ol ts trjll0￿n9 mailer5 tha Companies Ad 2(th requI￿s us to wport if, in our opinic•): adequatè Accounting r8cknrd$ hav• not b￿n k•pt,' or the financial stateThents are not in agrewllent wlh the a￿A)untIng records and rebjms., or certain disclosures of trustegs, rernuneration speclfiod by law ar• not mad•'. or havg not r￿￿ed all thg inlormation ?nd gxplanatv)ns we requlre lor ouraudlt. th8 Iwuste8S Were not antiugd to prepare th8 financial statem&nls in accordance with the small companie5 regirne d take advant•Je of t1￿ sThall companies. exetnption in prgpgring the Tru5t¢g$' Anwwjpl R8port. R•sponslbllltl•8 ol trustMs for th• flnan¢lal stat•mants As expL2lred rnore ftjlly In the Statement of Trustees, Responslblllties. the trustees are reSponsi￿e for the prop8ration ol th• finanoal slalements and for being satisfièd that th•y giva 8 trué and fair vl•w, and lor such Intsmal control as they d8t•rmln• Is n•c•ssary to •nabb th• preparation of financ1￿ statements Ihat are fr88 from rnat8rfal mi&8taterrEnt, whelher due to traud or error. In prepariThJ the finandal st8temenLs. thè 1ntstee$ are responsibk for assossmig th¢ comp#nVs abl1￿ to conJnue as a going ￿nc&m, discbsing. as applicable. mattern related lo going ts)neam and using Ihe gthro concern basis of accounting unl•ss manag•m•nt •th•r int•nds lo liquidots th8 cornpany or to c8ase opèrotions. or has ￿ r8alN%tic t8mative but to do so. Audltorf• ￿pOnsIbIlIti4¥ lor the audit of the fln4ncl•l ¥¢at•m•nt• Our obje¢tlves are lo ¢*Jtaln reasonab￿ assurance about whether thè financial staternents as a whole are free Irom material rnisstatemenl. vknether due lo fraud or error. and to Issue an Auditoes Report that indudes our opinw)n. Reasonab￿ assuranee is a high lèvel of a$sUra￿e, bul is not a 9u8ranlèè thar an audlt eonductèd in accordan¢8 with ISAS IUKI wll afrw&ys d•t8ct a mat8fi81 mk%stat8m•nt then it 8YiSts. Misstat8ment5 tan arlsè from fraud or •rror and are consSdored materfal 11, Indi¥Adually or In the aggre9ata, th•y could r•asonaNy ￿ elp￿ed to influen¢e tho dedslons ofus¥rs t8k¥n on th• basis ol those financlal staternents. Furth•r Inforrnatlon r•gwdlng th• 8¢op• of aur Mpon81bllli1•8 a8 audliar As part of an audit in acKordane• with ISAS IUK}, w• •x8rci58 profos5ional judgement and malntaln profasslonal scaptiosm Ihroughout th• audK. W8 8ts0". Identify and assess the risks of material misstat8m8nt of the finawal Staternents. whether due to fraud or error, d8sign and perform audil procedur8$ respo￿51¥8 to those risks. and obtsin audit evidence that is suffirient . approphate to providg a ba81¥ for our opinion. The risk ol not detecUn9 a rnatsrfal misslatgmgnt ￿u￿n9 from fraud (s hl9h&r than for one resulJn9 from error, as fraud may Involve collush)n, lorg8ry, intentional omis&ons, misrepre5entstion5. or lh8 override ol intemal control. Obtain an understanding of intemal cx)ntrc4 rebvant to the aud￿ in order to deslgn audit procedures that are appropriate in the ¢ircurnstarKe& but for the pU￿05e of gxpressing an (ynlon on the elfecb'vene¥3 of the ompanls internal ￿ntrOl. Evaluate the appwpriateness of accounth)g poli¢l8s used and the reasonableness ol accounting 98timab¥ and related di$d￿ureS made by tru5t£e5. Conclud8 on the appropriatene55 01 tho tru$t••s' us¥ ol going ¢on¢¥rn ba$1$ ola¢xountlng and, based on the audit evid8nr* obtainèd, ￿eth#r a matèrial uneèrtainty •xists rèlatéd to av•nts or conditions that may cast significant doubt on the companvs atmlty b) continue a5 8 gM)ing conc8m. 11 ￿ concludè that a mal•rfal uncartainty exists. we are required to draw attention in our AuditoV$ Report to the related disclosures in the financial stat8rnents or, il such disck)sures are inadequat•, to modify our oplnlon. Our conclu6ions are based on the audit evIder￿& obt01nod up to the date ol our Audltorfs Report. How&vor, futur? eyents or conditsons may cause t￿￿ company to cease to contlnue as a going cx)nc8m. Evaluate the overall presenlation. structure and cont8nt of the financial $tat8rn8nts, includirKJ th• disclosur•s, and whèther the financial ststwnents represent the undething transactions and events in a manner that achieves falr pr•s•nlation. ## The London lrf•h Centre STATEMENT OF FINANCIAL ACTivmES Ir th• frn8ncial y••r eTrJ8d ￿ Sept•nb•r 2020 Fur*ls 2019 Fur 2019 2020 2020 2019 111 2143S7 2m8 21 &3.970 67.720 .GrantshL￿gObWTh￿ 132 441.￿0 M706 1.tVS.W 307, .124 957,eg1 311.156 676121 311.1 876.8 336,188 181,944 S.188 181,944 Other irwne 13A W794 12UbJ67 549,649 593,874 1,5¢3.523 Ch•rftsbl• aetrvth88 90$￿72 1S3.138 •12,￿ 1117,697 161130 821.0 134.312 572.053 1,￿3,143 134.312 1&2 Totsl R••ouY¢•• 1JIW210 812M 107V36 955,4tr2 ST2,￿ 1.$27.455 14rf Sncthnlngfovlgoln9 685.3$3 24169 609.622 IS,753} 21.821 16,Cfj8 nKognl••d g•Iii•l(los￿l. Su￿￿1￿1(￿} trth• fmnoal y￿r Pmr (S,7￿) 21,821 16.( 14•t ￿￿4ft￿ntIn lund• .353 24.149 109,022 15.7S3J 21,821 16,¢X8 ￿￿0￿¢1￿¥t1p￿ ol lund• Bakrw knv•rd at 26 5.227W7 169.958) 6.167m 5,233, 1 f)ts2019 191,TTg1 5,141.511 Balafi￿ fon¥vd S.112XI K7•9) 6.n7.1ts1 5227.W 169.W) 5,157.579 AM inctyn• and •Xpondt￿l9 rnlal3 bj 8clivit*•. The London Irlsh Centre IA ¢omp•ny Ilrnll•d by 94bnrMt••, not h*¥lng • •hJr• caplta Company Nurnb•T.' 8221421 BALANCE SHEET 0$ ot 30 Seplember 2020 2020 2019 Flx•d As$•ts TangIts￿ ass*ts 5,430,158 5.093,429 91274 1.32•.606 152.353 783.Ch19 Cash at bank In ￿nd 1M22.110 935.402 Cr•dltorn: talllng duo wlthln ¢n• ywr 21 IB22.3471 1601,8041 N•t CU￿nI Awt• 600.533 333,59B Total I•￿ Curr•nl Uthllll•s 6.030.1•1 5.427,027 Gronts r•c•lvabl• 12845901 1269.4481 N•t Assèts 5,767,101 5.157.579 Fund* Re¥tricted tru51 frjnds Unrestridwl design*d General fijnd lunr•strt￿) 145.7891 594.291 5.218.5 169.9581 73.368 5.154,169 Tot•1 fiJnd• 5,787,101 5.1S7,579 Th• tolal uNestrtct•d funds r•vahJaJon reserve of£l2,920.7021 {2019- £12.920,70211 *ilhin Part 15 of Ihe comp￿1￿8 2CfJ6. Approvod by th• a￿[d of Tru8t•g• Ind •uthorls•d lor S¥•u• on b•haN by and ¥lw•d on I M• Ros•l••n Bl•lr CBE IChalrp•r•onl Trust•• ￿rN￿￿ Ja (Tr•asur•r) Th? nots5 12 to 20fom pwt ofthe It&twn•n 10 The London Irish Centr• STATEMEpif OF CASH FLOWS lor th• Inandal ywethl•J ￿ SePt￿l￿r 2020 2019 P,9)4,634} 'wIm￿ts for.. 116.121 {47321 128,916 16.5671 2.92Q.702 15.858} 5•) 72&060 132.559 59,079 220.043 (7.9971 128.010 in ¢TrJrtor& 1.CW.682 6.567 (253.5741 Paym•nts to ar4uire taThJitA• aswts 2.8671 146•.116) 1247.(#)71 Ca•h *nd e*•h •qtslval•nts at l Oetob•r 2019 n3.ty4• 779.464 1 J29.6C4 7&7,019 The London Irish Centre NOTES TO THE FINANCIAL STATEMENTS GovERN￿￿r OF RELAND: DEPARfMEKf OF CULTURE. HERITAGE AIID GAELTAcTrir CultUT• If•18ThJ. The grant Is io #upport and promote lh8 use ol thè Irish language and to facilitste thg The grani ha5 b￿n dassified as unrnskn¢tsd thvJnaipd fvnds in lh8 a¢xounts aTrJ an amount of £242.531 has been defwr•J to the r*xt finarnjal Tlw fvryt5 rn￿1 be fvmy by 31 tkn)i*r 2021 ovE￿￿r OF IRELAIID: COVllk19 RESPONSE FUND A al £87.OT2 was frrxn ol Irel•rnl CvvbJ.19 R•epThise Fur•J for Iri8h COMMLfft￿￿s A￿3￿. Ttr* ar* restr¢* to tt* ftAlowJng p￿￿.¢(￿.. 1) Ccwnrwnity Se￿￿e5 Inrw)¥ab"on £38.2ttr. 2) IT £5.CW. 31 C(mffli¥* £18.872. first of £62.072 T•(￿•d 2020 wgs wlfftin mLWrth$. Th• Lcffith)n Irish C*ntsp planniw to devebp the oxisbrg site as a wotsj-dass Insh cL*Trmunity culknal SU51*n*kny. arKI Lorthi doyeThB Irish ¢orrKnuntyaThl¢thraEcenbB. Tl* LICh￿l L78atr¥ mixe(kuse, tsxblg spxes to pro¥th diverse mix ol servw to a diverse cornmunity, to dramabcally Impro¥o REKf PAYABLE Thg LIC owas £21.600 to L8 01 H•nm8rsrnth *)d Fulham tr rnnt. 80th path"85 agwd on •mu pa￿nents of £6.ciKI *wyea(s. FIIIAPKIAL1I&STRUMENTS is in Sawngs ?t£Lwnts. CMI P8yable5". Tl* ehar* has cr•kns vthich ar• *KILkl•l Notss 20 and are at amortised cogt. T OMR GIIAlnS RECEIVED sor¥ices Projects A gratrt of f25,423 was wrbed IMI trt Irl•h Emwoni FuTra of ts Q￿X Road prcpL#11ry5h Emryrarrt Prrqrammel. A CovwJ.19 Eme[￿r￿ of £6.c#J) r￿a¥•d frrxn BW*4*t• Ihe Co￿￿19 on ¢))Miunty. A grantoft22.579 *dS ftrm BThJ30 Tnjstas part a5 Ihè LINKIr￿ Cirnuryty Pesk￿• Fur ICoron8vwus grarrti 10 5UFWJrt peL¥)b•v4tho arn in not¢urTertly s￿(1￿•1 tylh• pv•rrwn￿5 A gr•nt ol f20,IKKI wa5 reCAl￿1 frrffi TruBt foT L¢)ndon a5 Port of th• LJTrwlw the canyir¥J ￿n￿JnIOf8D ossetexceeds ts At impairmert Ill￿ thè do not e5brnaifj am(wrrt. ff Ihw• ig an w*j￿tiOn of impainr•rt I￿n Il* trust￿ ￿ tttsmale th• r*?￿rable Wb)ount. An #npaimienl knss *ll t• il. aTrJ rf, A•ntsl L•tsi Rental payawe dealt wth i) Ftht al￿ ic6• aer>)unl as inojmj th• wiod oftl* rpntsl agrpefTrènt. Tong*Jl• fixed 8$5ets arn it*ed at 4t ￿lu11￿, IB5S ar£un¥Jl•ted d￿ratiOn. Th• ¢h•rge to Lond 4nd bthJitvJs freeh￿d 2% Swht lin• 2% Slrap2ht Iw 15% Strayht kno 14 The London Irlsh Centre IA company IIff￿d bygu•rants•. not 4•h￿ Mth•ri NOTES TO THE FINANCIAL STATEMENTS eonb'nued lor the financlal year endod 30 Septtrm￿r 2Q20 knV••tn￿n1 prop•rtl•• vestrnonl prowty Is propety her¢ •itiw to eam r8nt#l IFw)Jmo, or fty ¢arAlal apw•(¥adon (Inc￿￿¥ fvlure re4levelopmentl or for bjth, bul not for the ordinary cour5• 01 bu*n•ss. In￿sIn￿t pr¢p•rty is inilaty measured •t C05t, which indud•s ts pU￿h380 ¢051 and any dlredy attr11￿lat4e eJpendrtuTr. In¥estrngnl pmpgty Is subsequenty V￿U•d al ils lair value at •xh r•portinll daio. by Pfohsslonal e￿ernal valu•rs. Thg differW￿e bemwn the fair V8k* of an knveSlm￿I prcy8rty * thg rgportlng date and its caryiwj valu& prior to Iha valualon Is recognis•d In th• Stat8mont of Comprehensive Incom8 as a falr vahjè gain or loss. Any gain or ltsss on thsposal of an in¥oslmtnl property (calculated as th¢ dilffrr•n¢• beknn ngt prt¢eed6 frcrfn d￿￿)SaI the ¢arryiny amount ol th• iternl L8 r8¢ognis•d in t Statem•rtl of CcYrtpreheffjiv8 *Kome. D•btor• Dgbtors are recognhed at tho setugrnent wnount du8 aftor dlswJnt offered. PrepayThonts are valu•d at the am¢yJnt prepaid ng1 of aty trad¥ dscounLs ￿￿. Incime recognlse¢l ty the cofflpany fmm go￿Th￿￿t ndes and oth•r ¢trlund8rn. but not yel T•c￿￿ at year end. Is in d•bt¥s. Tradg and Olher Debkjrs are Inlti8lly reeognlsgj al lair v4lu8 and th•f•after statad at amDrlsod cogt U8iro the offoCtSv• Inieregt meIj￿ l•ss in￿alM18n1 bssos for bad and doubfful d8bts exc8Pt *ther• the effect of discounting w)ukJ be irrrnaW'*. In suth ¢a8e$ the I￿1¥ab￿S are staled al cost less Imp8irrT*mt10s88s for bad and doubtlul debts. Cr•dStors Trade and OtrwCrBdittyS ar• ￿lti8￿ rwnis•J *lair valu8 •nd thorafter sthled at amorfj$•d cogt u8lng lh• evodivo interest opropt effrft ol dLryoJunl*¥J bg Knmate￿1. In guch case$ Ih•y are stat•d 81 cost. No tsJThenl or delwred taxakn *ises as th• I￿panY has be￿ grnnbJ rtharttatle eyonwin. IrrBo)¥eTa valued added tsx18 oyp8ns•d a$ I￿rred. The ¢harty Is •xompt Irom laxalbn und•r S9)5 Incm and Corpofauon Tax•i Act 1988. Wh8r? capital 9rnnts are r•ce4ved, thty ar• amorti1￿ owr the lrfe ol th• asset lim *lth d¢prrflabon policy ol the d868 of asseL For•lgft ¢urrnr Th• LIC fundlond cJJnvncy is p￿n￿ St&rfirs. Any IrKom* and 0X￿￿￿Urè ocoJr kn wrrw (Euro) arB trnnslaied into Ihe ¢haritys lunctional currency IG8PI. SIG141FICANT ACCOUNTINQ JUDGEMENTS AND KEY SOURCES OF L8TIMATION UNCERTAINTr Th•r• arn no sourus of thmatlon ururtainty * re￿r￿ld dats, that hav• a risk ol • mal•rfal adiu$trngnt to th8 ¢wrwn9 ￿unts ofassets and liabl￿1￿$ wthin thg noxt fina￿11 y¢ar. 11. PROV1810NS AVAILABLE FOR AUDITS OF SMALL E￿IT1 In comnv)n ¥￿th many oth•r charit*Jle ¢ompani•s of our and naiurB. *• U88 our audiiofs to •ssthl tho pr•paralon ol the financial 8tatern￿ts. 12. INCOME 12.1 DONATK)NS ￿lD LEGACES 2019 Fund• Fund¥ Sundry lTh>)m• Sundry t%Jnats"t￿s 75.084 139.293 75.064 141,331 1038 67.720 214.357 2.038 216.395 67.720 15 The London Irlsh Centre IAe•ffwny Ilfflii•d byw•r•rrt••. nut ha¥k¥ • •hw• ¢Wl•l> NOTES TO THE FINANCIAL STATEMENTS C4JnJnu8d for th& flnancial year onded 30 Septern￿r 2020 112 CHARITABLE ACTMTES Unr••trktsd R•strlct•d Funds Funds 2020 2019 386,527 74,703 572,812 61,944 939,339 136,647 798,449 159,242 s & CU￿1r8 441230 634.750 1.07&9J6 9S7.691 12J WVESThIENTS 2019 Fund• Fund• R•ntal and Investm•nt Incom• 311,155 311.155 338,168 114 OThER INCOME 2019 Funds Fund• Strhjp Sales D•voloprnent Projo 4,465 872.368 4A55 872.3e6 10,487 171.457 676.821 676.B21 181,944 13. EXPENDITURE 13.1 CHARITABLE ACTiwnES Dlr•Et Costs Oth•r Co•t$ Support Co•t* 2020 2019 718,772 87.052 79.095 594162 17.081 1 J93,029 124.660 1.168,113 225.030 & cul￿r* 805.824 99. 612343 1.517.697 1,393.143 132 OTHER EXPENOITURE Olre Co•ts Oth•r Support Co•ts 2020 X119 Strop C051s D8wkJpment Pr￿èet 4.195 102,864 4,195 148,943 9,452 124,860 40,183 5,898 107,059 40.11JJ 5.896 153,138 134.312 2019 Artl¥lil•• Expèndrtw• Lunch Clubs Expens•s R•palr¥ & Maint9nan Fwtiv81s and Cunuro prr4ramrr RenL ralgs s•r¥ke char9es Insuranc G•n8rn1 office Travel and Repatriakn"on L•gal & Profess￿?￿31 IGov•martsl Audll F•es IGov¥manc•l D•preCiat￿n 90.866 90.866 77,644 42.085 41.754 15.898 2,518 75,378 59,868 8.000 126,128 70,166 83,849 109.324 42.0 41.754 15.098 14,2C 96.353 40.758 63,427 6,000 128.916 71,578 57,628 6,000 126.12• 3.800 2.042 812.243 819.951 16 The London lrfsh Centre IA¢omp•ny Ilmit•d by guirnnt••. not h•vlng • •har• uph•ll NOTES TO THE FINANCIAL STATEMENTS nllnu8d tLV thè financial year èr¥J8d 30 Septernbar 2020 14. ANALYSIS OF SUPPORT COSTS Ba#1• of 2020 2019 Lunch Clubs Exp•ns•s Actlwty R•pair8 & Malnténar￿O Acti¥hly Fostiv*s and C4JMure wogramnvJ ActTrity R*nt, rates and servic* tharges stsff Tlme In8uranc* Adwty G•n•ral Olfice Stsff Tlm• Travel and R•patriabon Aclryity L8g81 & Pr¢kn￿le￿al IG)vomanc•l U5ag• Audit Foes IGov8manc•l Adrninistral Depreciat Unrestricied ActIv￿$ 9Q,166 70,168 63,849 109,324 26,952 14.206 96.353 40.758 63.427 6,000 128,916 42.08S 41.7S4 15,898 82,518 75.378 6,000 126.128 610,139 619.951 15. NET INCOMING RESOURCES 2020 2019 N•t In¢ornlng I1•￿ur￿* tre stal•d •ft¢r ¢haryknWlcr•dttlry}: Depreclallon of tangibl• a6sets Audlofs r•mn•ratyon'. - audit seThle•s AnKJrtisatron ofgrattts recwablè 126,128 128.916 8,000 15.858) 15,8581 V&8TIIENT AMD OTHER IIICOUE 2020 2019 Rent re¢*lvable- other Incomo Am¢)rtisatsM of rApitsI grants reth¥ COVID-19 fyanl recwd Bank interest 300,565 5,8S8 JO.211 4,n2 323,743 5.8S8 6.587 341.36S 336,168 17. EMPLOYEES AND REMUNERATION Ilumb•rof •mpltsyB The Hveray• number of persons frmpknyed IlnchJdir#J execubv• tru•teesl dLKlThJ th8 flnondal yo•r w86 as lollow$.' 2020 Nun*•r 2019 Numb Ful￿￿Me Staff Port-lin￿ Stsff Tr￿1￿$ 17 17 12 13 J6 37 Th• slaff costs e3)mpris8'. 2020 2019 Wog•s oThJ S￿101 Se￿￿rfty cosls P8n$ion costs 741.693 51.635 16,913 657.S83 49,549 15,700 010,23• 722.832 17 The London Irlsh Gontre IA¢omp•ny Ilrnlied by guar*hts•. not h￿￿￿8 • •hw• tap￿1) NOTES TO THE FINANCIAL STATEMENTS onurthd for er#Jed 30 Sapt•mb•r 2020 11. EMPLOYEE BENEFIT8 Th• CEO Is the key managgr lor the LIC and wa$ pwd 8 salary of É60,000 in the finwKial yoar. No othw ompby•• rnc*ved 8mpkJyee benefft5 lexclu(Ing effoloyer pen￿￿ costs) of mty8 I￿n £60.0￿) If70.0001 lor Ihe rapOr￿n9 ￿￿c￿l. TANGIBLE FixeD A88eT8 Land and knv•stm•nt bulldlngs prop•rtl•• fr•¢hold Long Flxtur••, i••￿hold flttlng• •nd property •qulpm•nt Tot•1 Co•t At 1 Oct(thr 2019 Addith?ns 5.140.89) 428,842 2fj3,1%0 594.079 73.146 34,015 6.071.124 4fj2,857 At 30 Sepiemhr 2020 S.569,741 263,000 $94.079 107,161 6.533.981 O•prnchtlon At 1 O¢tober 2019 Charp for th8 financial y•ar 808.621 98.172 146,193 11,882 22.881 16.074 977,69S 126,128 At 30 SeFtsmter2020 906.793 1 $9.075 38,955 1.103.823 N•t book v•th At 30 September2020 662 263.roJQ 436.IM4 W06 S430,158 At 30 Sept￿b•r 2019 4,332278 263,C 447.686 50.2fj5 5.093,429 20. DEBTORS 2020 2019 Other d•blLY5 Ta¥2tion and social s•oJrity ¢OSIS 49,196 1,901 41Q97 11x1.382 51.971 •3,274 152.353 21. CREDITORS Arnounts falllng du• wlthln on• y• 2020 2019 Payrnents I￿41¥ed on amnt Tradg u•di Taxation antj xéal $•Cur￿ coJt¥ Other creditors 76.156 141,989 20,372 8,177 355.110 13¢744 20.71• 864 577,404 822.347 601,804 The London Irlsh Centre IA ¢ompany llrnlt￿ by guaYant••, not h•vlnq a •h•r• capltsll NOTES TO THE FINANCIAL STATEMENTS continu• forth• financial year end￿ 30 Septéfflber 2020 22. GRANTS RECEfvABLE 2020 2019 Capltal grants rBc•lv•d •Trd r•c•lv At 1 (ktober ￿19 292,880 292.880 knortiiatlon At 1 (ktober 2019 Amortlsgd in finanrial yoar P3,432) {5.858} 117.5741 15.8581 At 30 Sept8mbei 2020 129.2901 23,4321 Not book v•lu• At 30 Saptember2020 263.tyj 269.448 At 1 Octcber 2019 269J48 275.306 RESERVES R•v•hJmtlon Funds Totml At 1 Oeiob8r 2019 Surplus forthe financial year 2,920.702 2.236,877 609.522 5,157.579 809,522 At 30 Septembor 2020 2.920,702 2.e46,399 5.767.101 24. FUNDS 24.1 RECONCILIA710N OF MOVEMENT IN FUNDS Unr•gtrf¢l•d R•strl¢t•d Funds Funds Totsl Fund At 1 Oclcthr 2018 *J¥oment dthi9 lh8 ￿Tra￿la1 y•ar 8,153.992 12.926.4SS) 191,779) 21.821 .062,213 12.gM.6341 At 30 SeptemLw2019 )¥ernent thJring Ihe financ4 y•ar 5.227.537 585,353 189.9581 24,169 5,1S7.579 609.522 At 30 Saptember 2020 5.812.890 143,7891 5.767.101 241 ANALYSIS OF MOVEAIENT8 ON FUNDS B41an 1 Octob•r 2019 Incom• ExP•nd1￿rn Tr•nsf•r B•lanc• b•twMn 30 S•pt•mber fund• 2020 R••trlthd funds Restrict 169.958) 636.794 612,825 145,7891 Unf•itrlet•d funds Oe8trJnal&J {unreslrfet•J) n.3e8 669.866 5.154.169 973,897 148.943 9,207 594.291 5,218,599 5,227.537 1.643.563 (1.058,2101 5.812.890 6,157.579 2.28OJ57 1.070,B35 5,707.101 19 The London Irlsh Centre IA E4Jmpany Ilmknd bygu*r*nthè. I￿1 h￿￿1 4 •hw• NOTES TO THE FINANCIAL STATEMENTS forthe financlal yw 8thd 30 S¢ptwnbeT 2020 24.3 ANALYSIS OF NET ASSEfs BY FUND Flx•d Curr•nt Curr•ni Long4•ftn dqf•rr•d In¢om Total - charHy us Rostrkt•d trust 217,a01 1281,1641 17,574 145,7891 urweStrtt￿ ¢Je5igna*d lund8 Unr•8trkt•d 9on•ral funds 661,170 4.768.988 383,346 841,733 (430,225) (110,9581 {211,1641 594.291 5,218.599 5.430,158 1,205,079 {541,1831 1281.1641 S.812,890 5.430.158 1822.860 {B22,3471 1263.5901 5,767.101 STAn Th• cc¥npany Is lirnthd by guarant•9 not h8￿ng a 8harv copN81. The liabllity ol the mgrnb8rs18 Hmltod. Every m8mb8r ol the compary undertakes to contribut• to the assets ol thg ￿mpanY In the 8vent of Its b•lng und up whi18 thèy are Mon*)e￿ or wthin <￿e year thereafter frjr th8 payrn•nt of th? debts and Ik4bllbties ol the company contrac18d i￿10￿• th•y c80sed lo be rngrtjers and ￿$ts. char￿$ aThJ 01 ￿ndIng up and for thè a(lustm8nt ol of contributors therrwlv•s $uch amunt as may be r•quired. r#)t •xceeding £ 1. 26. RÉLATED PARTY TRANSACTIONS ￿C9￿d any bwwfil• tr￿n ￿ ernFtyn￿ *ith Iha charityor a rBl•t•d •ntity. No trustsa •xpenses h8v• bw) 27. CASH AIID CASH EQUNALENTS 2020 2019 Ca8h and bank bal?n Cash oqulvaknls 1.303.397 26.209 732,499 50,$50 1.329N6 783.049 POST4ALANCE SHE￿ EVENTS There hav• been ￿ Sbgnthnt •vents affxling th• Charfty since th8 fmanclal ￿ar￿nd.