Charty Number: 1160365 Irish Chaplaincy Annual Report and Audited Financial Statements for the financial year ended 31 March 2024
Irish Chaplaincy CONTENTS Pago Trustees. and Other Infomiati3n Trustees, Report statement of Trustees, Responsl)iliti8S Independenl Auditorfs Report 8- 10 Stalement of Financial ActNiti8S 11 Balance Sheet 12 Accounting POl18s 13-14 Notes to the Financial Slatements 15-21
Irish Chaplaincy TRUSTEES. AND OTHER INFORMATION Trustees Ms Clare Coffey {Chairpersonl Ms Susan O'malley (Treasurer) Mr Tonywalsh MrAndrew Cusack Mr Conor Davis Fr John Deèhan Ms Jayne Baker Mr Paul Gavin Chalrperson Ms Clare Coffèy Chlof Executfve Olll¢er -IILEddl• Gllmoro (to Sopternbor 20231 Charlty Nurnber In England and Walas 1160365 Prlnclpal Addr0•8 52 Camden Square London NW19XB Audltors Evangelos Charalampous FCCA Auditor Chartered CertifiedAccountants and StatuioryAudilor on behall ol N7 Accountants Limlled Central House. I Ballards Lane London N31LQ Prlnclpal Bankers Unity Trust Bank Nine Brindleypla Birmlngham B12HB
Irish Chaplaincy TRUSTEES. REPORT forthe financial yearended 31 March 2024 The trustees present theirTruslees' Report and the audited financial statements for the financial yearended 31 March 2024. The financial statemtsar8 prepared in accordartewilh FRS 102Yhe Financial RepoTling Standard applicaLle i) UK and Republic of Iroland. and Accounting and R8POrting by Charities: Statement of Recommended Practh applicable to charib'es preparing their financial statements in a¢xordance wilh the Financial Reports"ng Stand applicable in the UK and Republic of Ireland (FRS 102). The Trustees, Report conlBins the Infomiation required to be provided in the Trustees. Annual Report under the ststementofRecommendedPracts'ce(SORPI guidelines.Thecharitytrusleesforlhe purpos8ofcharitylawar8 kn(Mn as members of the board ol trustees. In this report the trustees of Irish Chaplaincy pres8nla summary of ils purpose. govemance. a¢tlvities, achievements and finances for the financi81 year 31 March 2024. Mlsslon, ObJoCtlv8s al Strategy M1881on Statement Principal Activities The Irish Chaplaincy is a social action nOnOVernMental org8nis8tson INGOI whose principal aim is lo provide advocacy and cullurally sènsilive support lor Irish Immigrants and other peopl6 of Irish heritag6 in England and Wales. Objectlves Objecbves and AcknviliBS Rooled In the Iradltion of Catholic Soclal Teaching. the charllable objects of the charity are.. To relieve poverty and 8dvance health amongst people ol all failhs and none, and In partiGular those ol Itlsh nationality OT descent. and io provide advocacy on their behalf wilh statutory authorities and other organisab'ons: - To develop the capacity of socially and economically disadvantsged Irish persons in such a way that they are better able lo meet (heir needs and paTticip2te more fully in society. This Is addressed with free support Ihrough these activity arèas.. Communty Outreach Piolect.. Advice, pastor81 support, signposting, and arranging volunteer opportunities for Irish people or Ihose of llish h&ritage. Prisoners Project.. A prison vislung, infOmati and advocacy serylce for Irish prisoners In England and Wales JKI thelr lamilies. Seniors Projecl.. Pastoral outreach and befdendlng lo allevlale the social exclusionand londlrnss of olthr Irish pec(, and to of(ora knowledgeable, compassicfiate and comlortirrfJ presence for end of life issues and funeral arraJeMen Travellers Proiecl.. Researcli, advocacy and education lo promote equality and Improve Ihe situab'on of Travelle wilhin Ihe crimin81 justice system., also io provide pre- and post- release support. Irish Chaplaincy meets ils public benelil obllgalion by bullding relalionships with vulnerable and marginalk8ed Irth peopl8 and providing Ihem with culturally sensibve support tr) im prove Iheir wellbeing. In planning their operats'ons ft the year. the Trustees have given due regard lo the Charity Com m ission's guldance on public benefit. and in parlicu the guldance for lailh-bas charities as well as th8 guidance for chanties addressing disadvantage laced by p• who share a prol8cled chara¢leristic. Achievèments and Performance The Irish Chaplaincycontinuesloserve those m05tmarginalised fromlhe Irish communityin England and Wales. Our projects support the dignity and humanity of elderly Irish people, Irish people in prisons and the Travellercommunity. It is the personal connection Ihalmakes the differ6nce to people's lives and is something thalour team takes g81 priJe in delivering. The team 15 adepl al responding to anything Ihat comes Iheir way and we appreciate Iheir gifts, lalents and experbse. The charity's financial position remained stable Ihis year due to Ihe generosily ol funders. donations and seNice contracts. Stafl salaries are our largeslexpendilure and have Increased considerably overthe pasifew years as we lry lo balance rewarding stsff within our financial enveloFe. This is something we will continue io pay dose attenlion lo. With a vacant CEO role for seven monlhs, the Board ol Trustees has been called upon more than ever before. have stepped up, going above and beyond lo ensurethat the charitycontinued lo functionwell.Special thanksalsogo to Paul Roymond fofthe extra service he gave in the intervening period without a CEO. We continuelo be grateful forthe fundingwe receive from the Irish Govommentand the Irish Bishops. conferen wi addition to the grants awarded by a range of benefactors. We recognise that in th8se straitened tirnes these gifts harderto come byand relyon than everbefore.we continu8to deployfundingwhere ithaslhg mosteffectand imp*t for Ihe mosl vulnerable.
Irish Chaplaincy TRUSTEES. REPORT forthe financial yearended 31 March 2024 Strategy Irish Chaplaincy provides support for some of the mostvulnerable people in the Irish com munity- Our charitable work largely takes pla behind closed lorlockedl doors, so there is litue thalis visible to the general public. Bulfor the lo n and anxious people we see in bare prison ce115, gloomy poorty-appoinied flats, care homes. hostels. hospitals and hospices. our visiL8 and casework actions make a gr&al deal of dllference lo their wellbeing. In Ihis past year the Irish Chaplaincy's employees were assisleLf in these charitable acts'vilies by the ts.me and talents of 40 volunieers. Whileour Communlty Outreach Projact providesoversigh18nd adminislrativesupportforall ofthe Irish Chaplaintys other projects, il offers a calch-all function fielding daily enquiries from peop throughout the UK and Ireland. This entails responding lo individuals and famdie5 in crisis siluations or simply seeking Irish-specific advice or informakn We also receive enquiri8s from stalulory authorities, clergy and various olher professionals asking for advice and infomiation regardirwJ howbestto supportthe needsofthe Irish people who are in their Care. We continueto nourth lrishculture and herilagethroughcommuntyèventssuchas SIBrigid'sDayand pastoral engagnOn1$.suChasLentsn retreats. Our largesloutreach Is to Irlsh prlsonars and their family mem bers. Ourcasèworkers and managers are well kn and well respected within the prison ostale and this has enabled us to conlinue to visit prisons re9ularly, meeting clMts in groups, individually or having conversations through a locked cell door. This is one of our key strengths. 11 enab*s us lo reach clients and build relationships of trust which is no mean feat In a prison eslale which is overcrow(bJ under-staffed. Our team contlnued lo distribute newsleller and In cell resources, including special packs for women. and vanous olherpublicalions lo Irish people in prison lo inslill pride In Iheir heritage and lo keep a sense of not benJ alone. Not every Irish person will gel a visit from a friend or fam ily memberso, for these individua15, posifrom Ihe Irish Chaplaincy is especially importanl. Howev8r, supporting families lo keep connected Iwhere it is sale lo do sol is a key faclor in reducing recidivism. To ihis end we continue lo provlde prisonerswilh phone credil and, where needed, smal release grants lo provide vitally importanl financial assistance In the immediate hours and days post-release. Changesln regim6 rules, staffchanges. prlson chaplalncyvaCancS-thÈseare1uSI some ofthe challengeswhhthwe encounierwhen arranging prison visits. Whilst we have long and medium-lerm visiting schedules, il Is not unusual Ic prisonslo make lasl-minule changes. Rexibility is always required. Nohvithsianding the ch8lleng8s, we have ma to offer a steady programme of prison vlsits and lollow-up casework. Our Senlors programme, which began in 2005, is con¢arned wilh Ihe welfare of older Irish people living alone sometimes in maierial hardshp. End ol Ilfe caro Is a central elemenl ol the support the Irish Chaplaincy provides b Seniors. This is a growlng area ol work which is intrinsically linked wilh our wider mlssion lo provide outreach lo vulnerable Irlsh people. We have ihe great privilege of being asked by people lo loumeywith them in the fin81 years, months and weeksol their lives.11 is a process that is mulli-faceled. covering 8 range ol emotional, spirilualand praclic81 iSSLtes and consi(ratyE .g. will making and funoral p18nning, transition into a care setting. worries and concorns Dboul geltsng frail ond the process of dying and questions about Ihe meaning of lile and what lies beyond dealh. We also have a crucial TO in outreach to a p(3rson's lamily and friends al this t>mè and also bereavement care. This involves supporling fam ity arxl friends of a Senior, who in some cases may have not seen Iheir relatsve for many years. Parl of Ihls bereavemwl supportis helping famity.lill in the gaps" about Ihe person who has died and sharing sensitsvely our memorns of ttr. This enables development in Ihe grieving process and a continuation ol the holistsc service thalwe provide. We remain in conlaci with many lamlles and friends of our clienis h&r8 and in Ireland, who have died over the years 8nd whosay thisremembranc8and contactfrom usisveryimporlanllotham. Some are even ableto attend ourann ChaplaincYRemembraraSeNi¢e éveryNovemberin Londcfi,whlch lsverymeaninglLd forthom andwonderful1L Many clients of the Traveller R06ettlem¢nt Project 8re servlng IPP sentences who are many years overtariff. slwggle lo satisfy the parole board for release which in lum has a n¢gatr've irn pact on their mentsl health. Wilh tho pressures of overcrowding on prisons, the eady release of some has caused an increase in clients wilh resèttiemrt needs. We are responding to rn0 clienls who are being released homeless. Without benefits sel up, and no ID documents. This increases thaif anxiety and their risk of being recalled by probation. There has also been 8n increase in complaints about healthcare in prison5. Access to heallhcare has becorne muB difficult and some clients have missed outside hospiial appointmen& due to staff shortages in the prison. Given the pressures on the NHS, this then causes them lo be discharged from the service. It is then difficult lo get a re-rereaI. We continue lo gel regular new clients being referred lo our service for support which increases Ihe piessure on CKJr resources. We have supported many prisons with resourrks for Gypsy, Roma, TraveSler History Month. We provided posters, newsletter. magazinesand pensand,in somecases. supported prisonswith refreshmenlsforthe groupslevents. We have visited groups and given presentations aboul our work. We continue to provide in-coll rgsourc8S to all clients including CDS. books. colouring. mindfulness and diamond arL
Irish Chaplaincy TRUSTEES. REPORT forthe financial year ended 31 March 2024 Structure. Governanco and Mana9gmèrt Structure The charity is structured as an independent Charitab18 Incorporated Trganisalion Iregslered asa bodycorporale LJ Parl 11 of th8 Charities Acl 20111 govemed by a Conslilulion adopted 6 February 2015 and manag1 by a BoaNJ cl Trustees. Created in 1957 as mission to Irish migranlworkers in Engl and, and registered in 1980 as an unincorpor*l trust, in 2015 Irish Chaplalncy was gran18d charitab Incorporaledorganisation (CIO) stabjs in England and Wales by the Charity Commission. The Trustees are responsible forlhe overall strategic directign ol the charily. They approvo the annual work plan and budg8las presented by the CEO and stafft6am.The 8oard ofTruslees moelsat leastquarterlyto assessrisk. revEw progress, approve financial reports. and assure public benefil of the charity's work. Decisions regarding the Implemtation of the work plan and budg81 are delegated lo the CEO and slaff team. The Board of Trustees wl ¢onducl a stralegi¢ review of the charity's purpose and aims in the next year. Results and Dlvldend8 At the end ol th8 financial y8ar the charity h88 assets of £550,75612023 - £397,936) and Ilablllties 01 £123,905 {2023 - £118,2311.The nel assets of the charlty have Incre8sed by £209.018. Financial Review The charity'saudlledaccountsfortheyearended 31 March2024 appearln the Financial Stalementswhlchacc(mFWy Ihls ReporL Throughout the year Ihe charity's accounts are prepared and moniiored by the Finance Officer in consvltab'on wilh the CEO and slafl leam. and they are reviewed and approved by the Board of Trustees. AnnLMi accounts are prolessionally audited and prepared by a Chartered Ceitified Accouniant We are grateful for the Irish Govemmenl's continued support ol our charitable acllviues through major Emuranl Support Programme grants fnyn Ihe D8partmenl of Foreign Affairs and Trad&. We also appreciat& the financial support of Iho Irish EpiscoFd CommissilarEMlgrts. The Trusteesconsiderthataccumulalingfree r8seThefun(tstocopewith unf8$aen ever conlingencies and opportunilles io be essentlal lor protecting the charity's contlnued existence lorthe people il serves. As pari of the commilmeni lo prudent financial management of thé charity'g fulure. in 2011 th8 Board ol Trustees adopted a Reserves Pollcy lo reach a free reservesfund of fourmonthsoperauonalcosisas the fflinimum requi1 meelany evenlualilles. Thls fund is lo be developed through non-rèsiricl8d gilts and donallonswhich are not requl to meet current obligations. As of 31 March 2024 th8 fr88 reserves availabl8 total £356,185 (Note 16.11. The charity engages pro4cllvely with leglslalion, standards and codes whlch are developed for the sector. Irlsh Chaplaincy subscribes to and Is compllanl wllh the followlng: ChaTittes Act 2011 -SORP 2015 )proved by tho Board of Truslees on l(klilzriLC and glgnéd on Its behall by: Ms Claro Coffey ChaIrrsOn usan O'malby (Treasurer) Trusteo
Irish Chaplaincy STATEMENT OF TRUSTEES, RESPONSIBILITIES for the financial year ended 31 March 2024 The trustees are responsible forprepariThJ the financial statements in accordance with applicable law and regulalions. The law applicable lo charities in England and Wales requires the trustees to prepare financial slalements for e& financtal yearwhichgive a true and faw view of the assets, liabdities and firLgncNg1 position ofthe charity as atthe fin ancia year end date and ol the surplus or deficit of the charlty and otherwise com ply with Ihe Charilies Act 2011. In preparing these financial statoments, the tnjslees are required lo: select suitable accL)unling policies and apply them conslslenuy,. make judgements and accounting oslimales that are reasonable and prudent,. stale wheiherthe financial statements have been prepared in accordance with applicable accounting standards. identify Ihose standards. and note the effect and ihe reasons for any material departure from those slandards,. and prepar8 th8 financial stalemonts on th8 going concern basis unless il is inappropriate lo presumo that Ihe charity will continue in operation. The truslees confim thatthey havè complied with the abov6 requlremenis in preparing the fin8ncial slalements. Thg truslees are responsib18 for ke8plng adequat8 accountlng records that are sufflciént lo show and explain lh6 ¢harilWs transactions and disclose wilh asonable accuracyal anytime the flnancial positlon of Ihe charity and enat Ihem lo ensure Ihal Ihe financial slalemenls comply wilh Ihe Chants'8s Act 2011. They are also responsible for safeguarding Ih8assetsof the charity and hen¢efor tsking reasonable slepsfor the preventson anddeleth'on offra and other irregularities. 4vproved by the Board of Truslees on l Lt- I I I and slgned on Its behalf by.. Ms Clare Coffoy ChaIrr$OTh s Susan O'malloy ITre8surarl Trustea
lNDEPENDEfAUD1TOR's REPORT to the Members of Irish Chaplaincy Report on the audlt of the financlal statemerts Oplnlon We have audited the charity financial stalemenis of Irish Chaplancy I'lhe chariV)forlhe financ4al yearended 31 Marth 2024 which comprise the Statement of Financial Acb'vilies, Ihe Balance Sheet and notes lo Ihe financial staioments including Ihe summary of significant accounting poli¢ieg sel out in note. The financial reporting framework Ihal has been applied in their preparation is applicable law and United Kingdom AccountirKJ Standards, includirvJ FRS 102 Yhe Financial Reporting Standard applicab in the UK and Republic of Ireland" and Accounting and Reporting by charib.es Slalemenl of Recommended Praclice applicable to charilles preparing Iheir accounts Sn accordance with FRS 102. In our opinion. when reporling in accordance with a fair presènlalion framework tho financial statements- give a true and fairvi6w of the stale of Ihe charity's affairs as at 31 March 2024 and of its surplus for the linancial year then ended., have been properly prepared in accordan¢e wlth Uniled Kingdom Genorally Accepted Accounyng Practice., and have been prepared In accordanc8 with the requlrements of the Charities Act2011. Basls for oplnlon We C£*nducled our audit in accordance wilh Inlemalional Standards on Auditing {UK) IISAS (UK)) and applicablè lav. Our responsibilities under those standards a further described in the Auditorfs responsibilibes for ihe audit of the flnandal statements section of our report. We aro independent of the charity In accordance with ethical reqUIren that are relevant to our audit of the financlal stsiements in the UK, including th6 FRC'S Elhical Standard, and Ihe Provisions Available forAudits of Small En likn'es, in the circumslanc&s seloul in Note 310 the linancial statements, we have fullilled our othef elhlcal responsibilities in accordance wllh these requirements. We belleve Ihal the audll evidence we have obtained is sufficienl and appropriate lo provide a basis for our opinion. Con¢luslons rolallng to golng con¢&rn In auditing the financial stalements, we havè concluded Ihal the trusteès. use of Ihe going concèrn basis ol accounting in the preparation ol th8 flnancial stslements Is approprialo. Based on the workwe havé perfomied.wehave nolid6ntifd anymalerkgl uncertalnUèsr61ab'ng loeventsorc0ndltts that, individually or coll8ctlvely, may cast significanldoublon th& charity's ability lo continue as a going concern for a period of al least tsvelve months from Ihe dale when th& financial statements are aulhorised for issue. Our r8sponsibililies and Ihe responsibi11ti8s of the trustees with resp&ct to golng concern arè described In Ihe relevant secb'ons ol this report. Other Informatlon The other Informati( comprls8S the infomadcm Included in the annual report other than the financlal statements our Audllorfs Report Ih&r8on. Th8 trustees are responsible forthe olherinformalion conlainedwiltiin the annual report Our opinion on the financial stalemenls does not cover the ott)er inlomialion and, except to the extent otheTh¥¢e explirjlly slaled in our report, we do not express any fomi of assurance conclusion Ihereon. Our responsibility is lo read the other infomialion and, In dolng so, considerwhethor the other Information is malero Inconsislentwith the financial slalBments or Our knowledge obtain in the course ol Ihe audlL orothefwise appears10 be malarially misstated. If we identify such material lncon5islencS orapparenl malerk?I missialements. we are requiBd to deternine whetherthis gives rise to a material m isstat&menl in the financial statements themselves. If. based on the work we have performed.w8conclude ihal there is a maledal mlsstalemenlolthls other inf0mati.Wa8re requi1 ID report that facl. We have nothing to report in Ihl$ regard. Oplnlon othér matter preScrId bytho CompanS8s Act 2006 In our opinion, based on the work undertaken in Ihe course of the audlL iho infomation given in the Trusteès, Roport for th8 linancial yearforwhich the financlal statèments are prepared is consist8nl wiv) the financial statements; and the Trustee5' Report has been prepared in accordance with applicable legal requlrements. Matters on whlch we are required to report by exception In the light of our knowledge and underslandir¥J of Ihe charity and its environment obtained in Ihe course of the audi( we have not identsfied material misslalements in the Trustees, Report We have nothing lo reportin respeclof Ihe following matters where the Charities Act 2011 requires us lo report lo you if. in our opinion.. adequate accounting records have nol been kept., or the financial statements are not in agreement with the accounting records and returns-. or certain disclosures of trustees. remL¢neralion specified by law are not made.. or the trustees were not enb'ued lo prepare the financi81 statemenL8 in accordance with the small companies regime and tske advantage of the small companies, exemption in preparing Ihe Trustees, Annual Reporl.
INDEPENDENT AUDITOR'S REPORT to the Members of Irish Chaplaincy Responsibilities of Irustoos for the financial statements The trustees are responsible for the preparation of the financial Stateme and forbeing satisfied thaithey give a true and fair view. 8nd for such inlemal control as they determine is necessary to enable the prep8rabon of financi ststements that are free from material m isstatemenl, whether due lo fraud or error. In preparing the financial slalements. the trustees are responsible for assessing the charity's ability to continue as a going concem, disclosing. as applicable. matters related lo going concern and using Ihe going concem basis of accounb'ng unless management elther intsnds lo liquidate the charity or to cease op8rations. or has no realisk aStemalive bul lo do so. dltor's r88ponslbllltlos for tho audlt of tho flnanclal statemonts Our objectives are lo obtain Teasonable assurance about whether the financi81 statements as a whole are free material misstalemenl, whether due to fraud or error, and lo issue an Audilorfs R6POrt U)at includes our opin¥M. Reasonable assurance is a high level of assurance. bul is not a guarantee Ihal an auditconducl&d in accordance w ISAS (UK) will always delecl a material misslalemenl when il exists. Misslalements can arise from fraud or er1( a1 are considered malerialil, indivldually or in the aggregate. they could reasonably be expecledto Influ8rrE the ecxxKm decisions of users laken on the basis of these financial stalements. Irregularities, including fraud. are instancesof non-compliancewith law5 and regulations. We design procedures in li wilh our responsibilikn'es. ouaned above, lo delecl maleTSal m isstalements in respect of iffegularities. Induding frdL• The extent to which our procedures are capable of deiecling irregulanties, including fraud is delailed below.. Tho procedures are capable of d8lecting misstalemenls in respeclof IrregUlaries, inclu(tingfraud, lo a reasonablo ol assurance.11 is nol guaranteed that the audil conducted in accordance with ISAS {UKI will always delecl 8 m81enar misstaiemenl when il exists. Further Informatlon regardlng the scope of our re8ponslbllltle8 as audStor As part of an audit in accordance with ISAS (UK), we exerclse profèsslonal judgementand malntain professlctsl scepticlsm throughoul Ihe audit. We also.. Idenlify and assess the rlsks of malerlal misstatement of the financial slalements, whether due to Iraud or error, dosign and perform audit procedures responsive lo those risks, and oblain audil evidence Ihat Is sufficlenl aTrJ appropriale lo provide a basis forour opinion.The risk of not detecting a material mlsstalement resulting from frJ is higher than for one resulb'ng from error, as fraud may involve collusion, forgory, inlentsonal omissi( misrepresent81ions, or the override of inlemal control. Obtain an underslanding of Internal control relevant to the audit in order lo deslgn audit procedures that are appropriate in the cSrcumstances, bul not for ihe purpose of expresslng an opinlon on Ihe effectiveness of Ihe chanty's inlemal conlrol. Evaluate Ihe appropriateness of accounllng policles used and the r8asonableness of accounllng ests'males and related disclosures made by InJsle8S. Condudèon the approprialon8ssoI the trustees, use of Ihe going conGem basis of accounting and. based on Ihe audit evidence obtained, whether a material uncerlalnty exists related lo events or conditions that may casl signilicanl doubl on Ihe charity's ability lo continue as a going concern. If we conclude Ihal a material uncertaity exisls, we are required lo draw attention in ourAudilo¢s Report lo the related disclosures in the finanaal slalements or, If such disclosures ale inadequate, lo modify ou r opinion. Our conclusions are based on the audit evideN obtained up lo Ihe dale ofourAudiloffs Fleport. However, lulureeventsorcondits'onsmaycause Ihe¢hanlytocease lo continue as a going concern. Evaluate the overall presenlation, structure and conlenl of Ihe financial sta18ments, Including ihe disclosures. and whether tho financial stateMts repres9nl the underlying transaclions and events in a manner that athieves lair presentation.
INDEPENDENT AUDITOR'S REPORT to the Members of Irish Chaplaincy We communialewiththosecharged with governanceregarding.amongothermattets. the planned $p0and timry of the audiland significantauditfindirys, includiNJ any signifUntdef1ertles in internal control thalwe identify duiYYJ our audiL The purpose of our audlt work and to whom we owe our respon8ibilitles Thisreportismadesolelytothe charity'smemters,asa body.in accordancewith Chapter3ofPart16oftheComp Act 2006. Our auditwork has been undertaken so that we mightstale lo the charivs memberslhose matters we are required lo stale lo them in an audilorfs repor1 and for no other purpose. To the fullestexlenl pemiitted by law, we do nol acceptor assume responsibility to anyona olher than Ihe charityand the charity's m6mbersas a body. forouraudil work, for this report, r for the opinions we have formed. Evan9elos pous FCCA SENIOR STATUTOR Y AuDoR Chartered Certilied Ac¢ountan15and StatuloryAudllor on behalf of N7 Acwuntants Limlted Central House. 1 Ballards Lane London N3 1LQ 2110112025 10
Irish Chaplaincy STATEMENT OF FINANCIAL ACTIVITIES lor the financial year ended 31 March 2024 Unrestricted Restrlcted Total Unrestricted Restricted Total Funds 2024 Funds 2024 Funds 2024 Funds 2023 Funds 2023 Funds 2023 Incomlng Resources Volunt2ry Incom8 Charitable activities Grants from govemmenls and other co-founders Notes 9,407 3,470 12,877 15.810 690 16.500 42 10A49 522,016 532,465 13,841 459.180 473,021 Inveskn8nts 12,029 12,029 2,963 2,963 Totsl Incomlng resourcès Resources Expended Charitable activities 31,885 525,486 557.371 32,614 459,870 492,484 19,700 472,783 492,483 21,118 458,422 479.540 Net lncom1noUtgoITrg resources before Galns Other Galnsl{Losso$) Profil on S81e ot Fixed Asset Net movement In funds for the flnan¢lal year Reconciliation of nds: Tolal funds beginning of th8 year Total funds at tha Ond of tho year 12.185 52,703 64,888 11.496 1.448 12.944 11 82,280 82,260 94,445 52,703 147.148 11.496 1,448 12,944 16 261,740 17,965 279,705 250,244 16.517 266,761 356,185 70,668 426,853 261,740 17.965 279.705 The Stslem8ntof Financlal Activlti8s Includes all galns and losses recognis8d In the flnanci81 yèar. All income and expenditure relate lo continuing activities. The noteson pages1510 21 form partoflhefin8nc?al slaèmenls 11
Irish Chaplaincy BALANCE SHEET as at31 March 2024 2024 2023 Notes Flxed Assets Tangible assets 11 9,162 71,032 Current Assets Deblors 12 13.048 528,548 5.012 321,892 Cash at bank and in hand 541,596 326,904 Credft¢xs: Amounts falllng due wlthln ono year 13 {123,905) 1118,231) Net Current A8sots 417,691 208.673 Total Assetslgss Current Uabllltl88 426.853 279,705 Funds Reslricl&d funds General lund (unrestricted) 70,668 356,185 17.965 261,740 16 Totsl funds 426,853 279,705 M$ Clare Coffey Chalrpor8On Ms Susan O'malley (freasur¢r> Trustee The noleson pages 1510 21 form partolthe finanCaalstarnenlS 12
Irish Chaplaincy ACCOUNTING POLICIES for the financial year 8nded 31 March 2024 Basis of preparation The financial statements have been prepared underthe historical costconvenb'on and in accordance wilh the CharitEs (Accounts and Reports) Regulats'ons2008 made underlhe Charits'esAcl 2011.They also complywithlhestatementof Recommended practi (SORP 20151 and with SORP FRS 102. The following accounb'ng policieshave been appt8J consistently in dealing with ilems which are consider8d material in relab'on lo the charity's finan(aal statemenis. Restrlcl8d funds Restricted lunds contain the grants rec61ved to run sp8cific prolects forthe benefits of the charity's main objectives the associated expendilure which relate to the project workers, wages and salaries and the projects running costs. Unrostrlcled deslgnaled funds General funds are unrestricted funds and are available lor use al thè discretion of the Trusl8es In furtherance of general objeclives of Ihe charity and whlch have not been designated for other purposes. Incomlng Resources Voluntary income orcapital is included in the Slatemenlof Financial Activilleswhen the charity receives il. Ents"Ilement to legacies is consid8red establishe¢J when the charity has been nobfied of a dislribulion lo be made by the executors and the legacy Is received. Income received in advance of due perfomance under a contract Is accounted for as deferred income until eamed. Grants for aclivllies are recognlsed as income when recelved. All other income Is accounted for on an accruals basis. Income from charitable aclivities Includè income earned from Ihe supply of services under contractual arrangemenb and from performa relaled grants which hav8 conditions Ihal specify th8 provision of particular services lo be provided by Ihe charity. Income from government and olher co-lund9 is recognised when the charity is legally enlibj lo the income because il is lulfilirg tho condiiions con1a1nl in the related fundi)g agreements. Where a 9rantis recehFAJ in advance, its recognibon is deferred and included in creditors. Where entiuemenl occurs before income is receivwj. it Is accrued in debtors. Income from investmenLs Is Included in full in the year In whlchll Is recelved. Resources Exponded All resources expended afe accounted for on an accruals basis. Charitable activities include costs of services and grants, suppori costs and depreciation on relaled assets. Costs of generaling funds similady include fundra&r¥J activilles. Non-slall costs not attributed lo one category of activily are allocated or apportioned pro-rata lo Ihe slalfrg of the relevantservice. Finance. HR, IT and administralive staff costs are direcllyattributable to indivldual activities objective. Governance costs are Ihose associaied with constitutional and stalulory requiremenis. Trade and Other Debtor8 Trade and olher debtors are Initlally recognlsed allalrvalue and Ihereafierslaled al amortlsed cost usinq Ihe effec interest melhod less impairment losses for bad and doubdul debls except where the effect of discouniing woukl te immaterial. In such cases the receivables are ststed 8t cost less impairmenl1088es for bad 8nd doubtful debts. Trade and Other CredStors Trade and othercredilors are InSllally recognlsed al fairvalue and Ihereafterslated al amorlised costU5ing fhe elfec interest method except where Ihe effecl of discounting would be immateTFal. In svch cases they are staled al cost. Tanglblo flxed assots and d8préclatlon Tangible fixed assets are slated at cost or al valuatson. less accumulaled deprlalICfj. The charge io depreciatKJ) is calculated lo wrile olf Ihe 0ri9inal costorvaluallon of tangibl8 fix asseis. less Iheirestimated residual value, overlher expected useful lives as follows: Long leasehold property Fixtures, fittings and equipmenl 20/¢ Slraight line 20°/o Straight line Leaslng RenlAls payable underoperaling leases are dealtwiih in the profltand loss account as incurred over the period of the renlal agreement. Taxatlon The charity is exempt from taxation under S505 Income and Corporation Taxes Act 1988. 13
Irish Chaplaincy ACCOUNTING POLICIES forthe financial yearended 31 March 2024 Foreign currenGiOS Monetary assels and liabilib'esdenominaled in foreign currencies are Iranslaled at the rates of exchange ruling at the balance sheetdale.Transaclions. during the financial year. which are denom inaled in foreign currencies are translthl al the rates of exchange ruling at the date of the iransaclion.The resulling exchange differeeS are dealt with in ststement of Financial Acb'vits'8S. 14
Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS for Ihe financial year ended 31 March 2024 GENERAL INFORMATION Irish Chaplaincy is a charity incorporated in the United Kingdom. The r8gistered Offi of the company is 52 Camden Square, London. NW19XBwhich is also the principal place ofbusinessof thecompanyThe finarKial sialements have been presenled in Pound 1£) which is also the functional currency of the company. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY There are no sources of estimation uncertainty al the reporbng date. that have a significant riskof causirYJ a material adjustsnent to the carrying amounts of assets and Ilabillties wlthin the next flnancial year. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTMES In commonwith manyolhercharilabl8compafwe8ofoursizeand nalure,weuse our audilorslo assislwllh tha preparation of Ihe fin8ncial statements. INCOME 4.1 DONATIONS AND LEGACIES Unrestrlct8d Restrlcted Funds Funds 2024 2023 Sundry Donations 9,407 3.470 12,877 16.500 4.2 CHARrrABLE AcnvmES Grants from governments and other co- fundors Unre8tricted Funds Restri¢tod Funds 2024 2023 Gener81 Outreach 10,449 88,250 208,299 78,899 208,299 166,395 81,279 188,973 Pnsoner Projecl Traveller & Re-settlement Seniors Project Total 166,395 117,747 10,449 522,016 532N65 473,021 4.3 INVESTMENTS Unrfj$trlct•d Rèstrlcted 2024 2023 Funds Funds Inv&slmènt Income 12,029 12.029 2.963 EXPENDrruRE Dlrect Costs Other Costs 5.1 Charltable Acllvltles Support Costs 2024 2023 General Outreach Prisoner Project Traveller & Re-setuemenl Seniors Project Total 45,032 156.712 94.639 17.616 16,160 4.780 30,828 23,464 18.655 93,476 196.336 118,074 96,078 189,675 100.470 372 893 492 483 479 540 15
Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS continued lorlhe financial yearended 31 March 2024 Charitablo Activities 52 Support Costs 2024 2023 Advisory Group and Trustees Meetings Costs (Govemance Rent Paid Consultants, Dues & Subscripbons Meetinos and PRCosts Depr8ciabon Audil Fees IGovern8nce) General Office Costs Totsl 144 17,344 16.296 5,371 2.986 4,200 27,915 144 17,344 16296 5.371 2.986 4200 27,915 450 19.237 7.373 4,325 2.903 3.440 21.816 6 Analysls of Support Costs Basls of Apportlonment 2024 2023 Advisory Group and Trustees Meetings Costs IGovemancel Rent Paid Consuliants, Dues & SubscxTrptions Meetings and PR Costs Administratlon 144 17,344 16,296 5,371 450 19.237 7,373 4.325 Sl8ff Tiffle Usage Staff Time Unrestricled Activity Adminlstrallon Stafl Time Usage Depreciation Audit Fees IGovemanc81 General Offic¢ rr Cosls Total 2,988 4.200 27,915 2,903 3,440 21,816 7 Not InGomlng Re8ource¥ 2024 2023 Net Incomlng Resource8 aro stated after chargingl{¢rediiing): Deprèciation of tanglble assets 2,9B4 2.903 Operabnq lease rentals - Offlce equipment 3,325 9,985 Auditorfs remuneration - audit servlc8s 8 Inveslment and Other Income 2024 2023 Rent receivable - olher income Bank interest Total 2.963 16
Irish Chaplaincy NOTESTO THE FINANCIALSTATEMENTS continued for the financial year ended 31 M8rch 2024 EMPLOYEES AND REMUNERATION NuMr of employo68 The average numb8rof persons employgd (including executive trustees) during the financial year was as follows: 2024 Numbor 2023 Number Projectworkers and Admlnistration Chi81 Executive Officer 11 12 12 The stsfl cosls comprise.. 2024 2023 W8ges and salarles Social security costs Pension costs 323,764 26,062 16,879 331,746 28,152 18,258 366,705 378.156 The Key Management is composed of the CEO. The remuneration associated wlth this post Is less Ihan £60.000 lor the accounilng period. No Trustees ar6 Involved In the key managemenlof the charlty and none rec8lV6d any remuneration during the reporting period. EMPLOYEE BENEFrrs 10. There are no employ6es who are Trustees and no employees received employge benefits (excluding employer pension costs) of mor6 Ihan £60,000 {670,0001 for the reporfing period. 11. TANGIBLE ASSETS Long Lea8ehold Property Flxture$, Flttlngs and Equlpment Total Cost Al 1 April 2023 Additions SalglDisposal 84,700 6.047 8.874 90,747 8.874 84.700 84,700 At 31 March 2024 Dopreclatlon Ai 1 April 2023 Charge for the financlal year SalelDisposal 16,940 2.775 2,984 19,715 2.9B4 At 31 March 2024 Net Book Valuè Al 31 March 2024 5.759 5,759 9.162 9,162 At 31 March 2023 Sale Proceeds (not part of book value) 150,000 150,000 17
Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS )ntinued for the financial yeof ended 31 March 2024 During Ihe year. the charity sold its long leasehold propety for £150,000. The propety had an original costof £84,700and accumulateddepreciatim of£16,940.results'ng in a n8tbook value of £67,760 at the time of sale. The sale generated a profit of £82,260, which has been included in the Statement of Financial Activibes under"Other Income." 12. DEBTORS 2024 2023 Ctherdeblors 11,883 3,500 Prepaym8nts and 8ccrued incL)me Total 13,048 5.012 13. CREorroRS Amounts falllng due wlthln onè year 2024 2023 Trade credltors Taxatson and soclal s8curlty costs (Note 14) Other creditors Accruals and deferred Income.. Pension accrual Other accruals 101 452 121,499 1,843 675 117.556 Total 123905 118231 2024 2023 14. TAXATK)N AND SOCIAL SECURrrY Crgdltors: PAYE I NI 15. RESERVES 2024 2023 Al the beglnning ol Ihe year Surplus for the flnancial year 279,705 147.148 266.761 12,944 At Ihe end of the year 426.853 279.705 18
Irish Chaplaincy NOTESTO THE FINANCIALSTATEMENTS continued for the financial year ended 31 March 2024 16. FUNDS 16.1 RECONCIUATION OF MOVEMENT IN FUNDS Unrestrlcted Restrlcted Funds Funds Total Funds At 1 April 2022 Movemenl during the financial year 250,244 11,466 16.517 1.448 266.761 12,944 Al 31 March 2023 Movementduring Ihe financial year 261.740 94.445 17,965 52.703 279,705 147,148 At 31 March 2024 356.185 70,668 426,853 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balan¢a 1 Aprll 2023 Income Expondlturé Profft from Balance the Sale of 31 March Flxed 2024 asset Re8trlctod funds Restricted Unrestrl¢todfunds Unreslricled 17,965 525.486 472,783 70,668 261,740 31,885 19.700 356.185 Total funds 279.705 557,371 492,483 426,853 19
Irish Chaplaincy NOTESTOTHE FINANCIALSTATEMENTS continued forthe financial yaarended 31 March 2024 17. RELATED PARTh TRANSACTIONS There have been no Iransacb'ons with Iruslees or related parlies that require disclosure in the repoitng perioj. Noneofthe Irusteeshave been paid anyremuneralion orreceiveo anyolherbenelitsfrom anempbymentwth the charity or a related entbty. 18. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charfty slnce the financial y8ar4nd. CASH AND CASH EQUAVALENTS 19. C85h and Receivables- The year-end b8lance$ are as follows.. - Current accL)unl: £14,564 - Deposit account.. £509.402 - Paypal accounl.. £45 - Metro Bank.. £1.737 - FairFX.' £2.800 Credilors,Accrualsand Deferredlncome'.Thecharityhascreditorswhlch are included In Nol8 13. They conslst ol olher credilors. Lloyds credit card. The ligure for Accruals consists of the Audilorfs loes £4,200 and Ih delerred income amounts lo £117.299. 20. DEFERRED INCOME 11 Cathollc Bishop Conferen. A grantof £30.000 was recelved in Jan 2024 was fully deferr to the 2021 year. 2) Assumption Sistsrs Legacy Trust.. A grant of £29,191 was r8c8ived in Novomber 2023 and £19.461 was delerred to th6 2024-25 year. A granlof £19,069 which was defgrred to the 2023-24 year has been fully utilith In this accounling period. 3) Irish GovemmenlESP.'A granlof£271,350wasrecelved in Augus12023.£67.838wasdeferral tothe2024- 25 year. A granl of £61,750 whlch was deferred lo Ihe 2023-24 year has been fully utslized in Ihis accoun period. 20
Irish Chaplaincy NOTESTO THE FINANCIALSTATEMENTS for tha financial year ended 31 March 2024 21. GOVERNMENT OF IREIAND: EMIGRANT SUPPORT PROGRAMME An EmigrantSupportProgramme {ESP)grantof£271,350 WasreiVed forlhe yearfrom 1stJuly 202310 30th June 2024. The funds were restricted for the following projects: Outreach Services IICOSI £68.250: Prison Outreach IICPO) - £164,250.'Trav&llerEqualityProjecl-£38,850. Nine monihsgrantincomewas utilized in period lo 31st March 2023. Three monlhsgranl income amounting10£67.838 has been deferred to Ihe 202 25 y&arand will be utiliz8d by 30th June 2024. Thr8e months grant income amounts'ng lo £61.750 deferred from 2023-24 has been utilizad this year. continued 21