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← Irish Chaplaincy

2025-03-31-accounts

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Charity Number: 1160365

Irish Chaplaincy

Annual Report and Audited Financial Statements

for the financial year ended 31 March 2025

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy CONTENTS

Page
Trustees' and Other Information 3
Trustees' Report 4 - 6
Statement of Trustees' Responsibilities 7
Independent Auditor's Report 8-10
Statement of Financial Activities 11
Balance Sheet 12
Accounting Policies 13 - 14
Notes to the Financial Statements 15 - 20

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy TRUSTEES' AND OTHER INFORMATION

Ms Clare Coffey (Chairperson) Ms Susan O'Malley (Treasurer) Mr Tony Walsh Mr Andrew Cusack Mr Conor Davis (resigned December 2024) Fr. John Deehan Ms Jayne Baker Ms. Elizabeth Palmer (from March 2025) Ms. Ann-Marie McDaid (from March 2025) Chairperson Ms Clare Coffey Chief Executive Officer ----- Charity Number in England and Wales 1160365 Principal Address 52 Camden Square London NW1 9XB Auditors Evangelos Charalampous FCCA Auditor Chartered Certified Accountants and Statutory Auditor on behalf of N7 Accountants Limited Central House, 1 Ballards Lane London N3 1LQ Principal Bankers Unity Trust Bank Nine Brindleyplace Birmingham B1 2HB

Trustees

3

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy TRUSTEES' REPORT

for the financial year ended 31 March 2025

The trustees present their Trustees' Report and the audited financial statements for the financial year ended 31 March 2025.

The financial statements are prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The charity trustees for the purpose of charity law are known as members of the board of trustees.

In this report the trustees of Irish Chaplaincy present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 March 2025.

Mission, Objectives and Strategy

Mission Statement

Principal Activities

The Irish Chaplaincy is a social action non-governmental organisation (NGO) whose principal aim is to provide advocacy and culturally sensitive support for Irish immigrants and other people of Irish heritage in England and Wales.

Objectives

Objectives and Activities

Rooted in the tradition of Catholic Social Teaching, the charitable objects of the charity are: - To relieve poverty and advance health amongst people of all faiths and none, and in particular those of Irish nationality or descent, and to provide advocacy on their behalf with statutory authorities and other organisations; - To develop the capacity of socially and economically disadvantaged Irish persons in such a way that they are better able to meet their needs and participate more fully in society.

This is addressed with free support through these activity areas: - Community Outreach Project: Advice, pastoral support, signposting, and arranging volunteer opportunities for Irish people or those of Irish heritage.

Irish Chaplaincy meets its public benefit obligation by building relationships with vulnerable and marginalised Irish people and providing them with culturally sensitive support to improve their wellbeing. In planning their operations for the year, the Trustees have given due regard to the Charity Commission's guidance on public benefit, and in particular the guidance for faith-based charities as well as the guidance for charities addressing disadvantage faced by people who share a protected characteristic.

Achievements and Performance

The Irish Chaplaincy continues to serve those most marginalised from the Irish community in England and Wales. Our projects support the dignity and humanity of elderly Irish people, Irish people in prisons and the Traveller community. It is the personal connection that makes the difference to people’s lives and is something that our team takes great pride in delivering. The team is adept at responding to anything that comes their way and we appreciate their gifts, talents and expertise.

The Trustees actively reviewed the charity’s financial position in the financial year 2024-25 due to increasing and unsustainable expenditure which was beginning to outstrip income. Whilst funding levels remained stable due to the generosity of funders, donations and service contracts, Trustees felt it contingent to conduct a full review of projects, funding, operations and personnel in order to safeguard the viability and long-term sustainability of the charity. With the departure of the CEO, the Trustees welcomed Paul Raymond’s willingness to step into the role of CEO in the interim. His leadership was stellar and he is now the permanent CEO. Again, the Trustees were called upon to invest a large amount of time (beyond the norm) in steering the charity forward during a turbulent and challenging period. Their devotion to the charity, its causes and people are very much appreciated.

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy TRUSTEES' REPORT

for the financial year ended 31 March 2025

We continue to be grateful for the funding we receive from the Irish Government and the Irish Bishops’ Conference in addition to the grants awarded by a range of benefactors. We recognise that in these straitened times these gifts are harder to come by and rely on than ever before. We continue to deploy funding where it has the most effect and impact for the most vulnerable.

Strategy

Irish Chaplaincy provides support for some of the most vulnerable people in the Irish community. Our charitable work largely takes place behind closed (or locked) doors, so there is little that is visible to the general public. But for the lonely and anxious people we see in bare prison cells, gloomy poorly-appointed flats, care homes, hostels, hospitals and hospices, our visits and casework actions make a great deal of difference to their wellbeing. In this past year the Irish Chaplaincy's employees were assisted in these charitable activities by the time and talents of 20 volunteers.

While our Community Outreach Project provides oversight and administrative support for all of the Irish Chaplaincy's other projects, it offers a catch-all function fielding daily enquiries from people throughout the UK and Ireland. This entails responding to individuals and families in crisis situations or simply seeking lrish-specific advice or information. We also receive enquiries from statutory authorities, clergy and various other professionals asking for advice and information regarding how best to support the needs of the Irish people who are in their care. We continue to nourish Irish culture and heritage through community events such as St Brigid’s Day and pastoral engagements, such as Lenten retreats and Remembrance events.

Our largest outreach is to Irish prisoners and their family members. Our caseworkers and managers are well known and well respected within the prison estate and this has enabled us to continue to visit prisons regularly, meeting clients in groups, individually or having conversations through a locked cell door. This is one of our key strengths. It enables us to reach clients and build relationships of trust which is no mean feat in a prison estate which is overcrowded and under-staffed. Our team continued to distribute newsletter and in cell resources, including special packs for women, and various other publications to Irish people in prison to instill pride in their heritage and to keep a sense of not being alone. Not every Irish person will get a visit from a friend or family member so, for these individuals, post from the Irish Chaplaincy is especially important. However, supporting families to keep connected (where it is safe to do so) is a key factor in reducing recidivism. To this end we continue to provide prisoners with phone credit and, where needed, small release grants to provide vitally important financial assistance in the immediate hours and days post-release.

Changes in regime rules, staff changes, prison chaplaincy vacancies – these are just some of the challenges which we encounter when arranging prison visits. Whilst we have long and medium-term visiting schedules, it is not unusual for prisons to make last-minute changes. Flexibility is always required. Notwithstanding the challenges, we have managed to offer a steady programme of prison visits and follow-up casework.

Our Seniors programme , which began in 2005, is concerned with the welfare of older Irish people living alone and sometimes in material hardship. End of life care is a central element of the support the Irish Chaplaincy provides to Seniors. This is a growing area of work which is intrinsically linked with our wider mission to provide outreach to vulnerable Irish people.

We have the great privilege of being asked by people to journey with them in the final years, months and weeks of their lives. It is a process that is multi-faceted, covering a range of emotional, spiritual and practical issues and considerations, e.g. will making and funeral planning, transition into a care setting, worries and concerns about getting frail and the process of dying and questions about the meaning of life and what lies beyond death. We also have a crucial role in outreach to a person’s family and friends at this time and also bereavement care. This involves supporting family and friends of a Senior, who in some cases may have not seen their relative for many years. Part of this bereavement support is helping family “fill in the gaps” about the person who has died and sharing sensitively our memories of them. This enables development in the grieving process and a continuation of the holistic service that we provide.

We remain in contact with many families and friends of our clients here and in Ireland, who have died over the years and who say this remembrance and contact from us is very important to them. Some are even able to attend our annual Chaplaincy Remembrance Service every November in London, which is very meaningful for them and wonderful for us.

Many clients of the Traveller Resettlement Project are serving IPP sentences who are many years over tariff. They struggle to satisfy the parole board for release which in turn has a negative impact on their mental health. With the pressures of overcrowding on prisons, the early release of some has caused an increase in clients with resettlement needs. We are responding to more clients who are being released homeless, without benefits set up, and no ID documents. This increases their anxiety and their risk of being recalled by probation.

There has also been an increase in complaints about healthcare in prisons. Access to healthcare has become more difficult and some clients have missed outside hospital appointments due to staff shortages in the prison. Given the pressures on the NHS, this then causes them to be discharged from the service. It is then difficult to get a re-referral. We continue to get regular new clients being referred to our service for support which increases the pressure on our resources.

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy TRUSTEES' REPORT

for the financial year ended 31 March 2025

We have supported many prisons with resources for Gypsy, Roma, Traveller History Month. We provided posters, | newsletter, magazines and pens and, in some cases, supported prisons with refreshments for the groups/events. We have visited groups and given presentations about our work.

We continue to provide in-cell resources to all clients including CDs, books, colouring, mindfulness and diamond art.

Structure, Governance and Management

Structure

The charity is structured as an independent Charitable Incorporated Organisation (registered as a body corporate under Part 11 of the Charities Act 2011) governed by a Constitution adopted 6 February 2015 and managed by a Board of Trustees. Created in 1957 as mission to Irish migrant workers in England, and registered in 1980 as an unincorporated trust, in 2015 Irish Chaplaincy was granted Charitable Incorporated Organisation (CIO) status in England and Wales by the Charity Commission.

The Trustees are responsible for the overall strategic direction of the charity. They approve the annual work plan and budget as presented by the CEO and staff team. The Board of Trustees meets at least quarterly to assess risk, review progress, approve financial reports, and assure public benefit of the charity's work. Decisions regarding the implementation of the work plan and budget are delegated to the CEO and staff team. The Board of Trustees will conduct a strategic review of the charity’s purpose and aims in the next year.

Results and Dividends

At the end of the financial year the charity has current assets of £599,853 (2024 - £541,596) and liabilities of £169,714 (2024 - £123,905). The net assets of the charity have increased by £12,448

Financial Review

The charity's audited accounts for the year ended 31 March 2025 appear in the Financial Statements which accompany this Report. Throughout the year the charity's accounts are prepared and monitored by the Finance Officer in consultation with the CEO and staff team, and they are reviewed and approved by the Board of Trustees. Annual accounts are professionally audited and prepared by a Chartered Certified Accountant We are grateful for the Irish Government's continued support of our charitable activities through major Emigrant Support Programme grants from the Department of Foreign Affairs and Trade. We also appreciate the financial support of the Irish Episcopal Commission for Emigrants. The Trustees consider that accumulating free reserve funds to cope with unforeseen events, contingencies and opportunities to be essential for protecting the charity's continued existence for the people it serves. As part of the commitment to prudent financial management of the charity's future, in 2011 the Board of Trustees adopted a Reserves Policy to reach a free reserves fund of four months operational costs as the minimum required to meet any eventualities. This fund is to be developed through non-restricted gifts and donations which are not required to meet current obligations. As of 31 March 2025 the free reserves available total £356,185 (Note 16.1).

The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Irish Chaplaincy subscribes to and is compliant with the following:

Approved by the Board of Trustees on

1/13/2026 ~~| Signed by: Clare Coe~~ = Ms Clare Coffey Chairperson

and signed on its behalf by: 1/14/2026 ~~Signed by: [ssa~~ 9A20928A55C24CC... ~~Oley~~ Ms Susan O'Malley (Treasurer) Trustee

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 31 March 2025

The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act 2011.

In preparing these financial statements, the trustees are required to:

The trustees confirm that they have complied with the above requirements in preparing the financial statements.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Board of Trustees on and signed on its behalf by:

Ms Clare Coffey Chairperson

1/13/2026

1/14/2026

Ms Susan O'Malley (Treasurer) Trustee

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

INDEPENDENT AUDITOR'S REPORT to the Members of Irish Chaplaincy

Report on the audit of the financial statements

Opinion

We have audited the charity financial statements of Irish Chaplaincy ('the charity') for the financial year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including the summary of significant accounting policies set out in note. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the Provisions Available for Audits of Small Entities, in the circumstances set out in Note 3 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.

We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

INDEPENDENT AUDITOR'S REPORT to the Members of Irish Chaplaincy

Responsibilities of trustees for the financial statements The trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The procedures are capable of detecting misstatements in respect of irregularities, including fraud, to a reasonable level of assurance. It is not guaranteed that the audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Further information regarding the scope of our responsibilities as auditor As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

INDEPENDENT AUDITOR'S REPORT to the Members of Irish Chaplaincy

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

The purpose of our audit work and to whom we owe our responsibilities

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

1/14/2026 Evangelos Charalampous FCCA ~~| GansSigned~~ 1D6DFD13593844F ~~by: (haralampous~~ ... SENIOR STATUTORY AUDITOR

Chartered Certified Accountants and Statutory Auditor on behalf of N7 Accountants Limited Central House, 1 Ballards Lane London N3 1LQ

...............................

10

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy STATEMENT OF FINANCIAL ACTIVITIES

for the financial year ended 31 March 2025

Incoming
Resources
Notes
Voluntary Income
4.1
Charitable activities
Grants from
governments and
other co-founders
4.2
Investments
4.3
Total incoming
resources
Resources
Expended
Charitable activities
5.1
Net
incoming/outgoing
resources before
Gains
Other
Gains/(Losses)
Profit on Sale of
Fixed Asset
11
Net movement in
funds for the
financial year
Reconciliation of
funds:
Total funds
beginning of the
year
16
Total funds at the
end of the year		 Unrestricted
Funds
2025
£
24,781
16,870
13,310
54,961
-
54,961
-
54,961
356,185
411,146		 Restricted
Funds
2025
£
165
459,895
-
460,060
505,557
-45,497
-
-45,497
70,668
25,171		 Total
Funds
2025
£
24,946
476,765
13,310
515,021
505,557
9,464
-
9,464
426,853
436,317		 Unrestricted
Funds
2024
£
9,407
10,449
12,029
31,885
19,700
12,185
82,260.00
94,445
261,740
356,185		 Restricted
Funds
2024
£
3470
522,016
-
525,486
472,783
52,703
-
52,703
17,965
70,668		 Total
Funds
2024
£
12,877
532,465
12,029
557,371
492,483
64,888
82,260.00
147,148
279,705
426,853

The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.

11

The notes on pages 15 to 21 form part of the financial statements

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy

BALANCE SHEET

as at 31 March 2025

BALANCE SHEET
as at 31 March 2025
2025 2024
Notes £ £
Fixed Assets
Tangible assets 11 6,178 9,162
Current Assets
Debtors 12 1,048 13,048
Cash at bank and in hand 598,805 528,548
599,853 541,596
Creditors: Amounts falling due within
one year		 13 (169,714) (123,905)
Net Current Assets 430,139 417,691
Total Assets less Current Liabilities 436,317 426,853
Funds
Restricted funds 25,171 70,668
General fund (unrestricted) 16 411,146 356,185
Total funds 436,317 426,853

1/13/2026

1/14/2026

Ms Clare Coffey Chairperson

Ms Susan O'Malley (Treasurer) Trustee

12

The notes on pages 15 to 21 form part of the financial statements

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy ACCOUNTING POLICIES

for the financial year ended 31 March 2025

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Charities (Accounts and Reports) Regulations 2008 made under the Charities Act 2011. They also comply with the Statement of Recommended Practice (SORP 2015) and with SORP FRS 102. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements.

Restricted funds

Restricted funds contain the grants received to run specific projects for the benefits of the charity's main objectives and the associated expenditure which relate to the project workers' wages and salaries and the projects running costs.

Unrestricted designated funds

General funds are unrestricted funds and are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Incoming Resources

Voluntary income or capital is included in the Statement of Financial Activities when the charity receives it. Entitlement to legacies is considered established when the charity has been notified of a distribution to be made by the executors and the legacy is received. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when received. All other income is accounted for on an accruals basis.

Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors.

Income from investments is included in full in the year in which it is received.

Resources Expended

All resources expended are accounted for on an accruals basis. Charitable activities include costs of services and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-rata to the staffing of the relevant service. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constitutional and statutory requirements.

Trade and Other Debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and Other Creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method except where the effect of discounting would be immaterial. In such cases they are stated at cost.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Long leasehold property Fixtures, fittings and equipment

Leasing

Rentals payable under operating leases are dealt with in the profit and loss account as incurred over the period of the rental agreement.

Taxation

The charity is exempt from taxation under S505 Income and Corporation Taxes Act 1988.

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy ACCOUNTING POLICIES

for the financial year ended 31 March 2025

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the balance sheet date.Transactions, during the financial year, which are denominated in foreign currencies are translated at the rates of exchange ruling at the date of the transaction.The resulting exchange differences are dealt with in the Statement of Financial Activities.

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Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

1. GENERAL INFORMATION

Irish Chaplaincy is a charity incorporated in the United Kingdom. The registered office of the company is 52 Camden Square, London, NW1 9XB which is also the principal place of business of the company The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

There are no sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES

In common with many other charitable companies of our size and nature, we use our auditors to assist with the preparation of the financial statements.

4.
INCOME
4.1 DONATIONS AND LEGACIES
Sundry Donations
4.2 CHARITABLE ACTIVITIES
Grants from governments and other co-
funders
General Outreach
Prisoner Project
Traveller & Re-settlement
Seniors Project
Total
4.3 INVESTMENTS
Investment Income
5.
EXPENDITURE
5.1 Charitable Activities
Direct Costs
£
General Outreach
43,230
Prisoner Project
169,662
Traveller & Re-settlement
97,773
Seniors Project
75,443
Total
386,108		 4.
INCOME
4.1 DONATIONS AND LEGACIES
Sundry Donations
4.2 CHARITABLE ACTIVITIES
Grants from governments and other co-
funders
General Outreach
Prisoner Project
Traveller & Re-settlement
Seniors Project
Total
4.3 INVESTMENTS
Investment Income
5.
EXPENDITURE
5.1 Charitable Activities
Direct Costs
£
General Outreach
43,230
Prisoner Project
169,662
Traveller & Re-settlement
97,773
Seniors Project
75,443
Total
386,108		 Unrestricted
Restricted
Funds
Funds
£
£
24,781
165
═══════
═══════

Unrestricted
Funds
Restricted
Funds
£
£
16,870
68,250
-
187,592
-
145,688
-
58,365
16,870
459,895
Unrestricted
Restricted
Funds
Funds
£
£
13,310
-
Other Costs
Support Costs
£
£
17,371
30,399
16,372
23,772
4,806
18,755
1,043
6,931
39,592
79,857		 Unrestricted
Restricted
Funds
Funds
£
£
24,781
165
═══════
═══════

Unrestricted
Funds
Restricted
Funds
£
£
16,870
68,250
-
187,592
-
145,688
-
58,365
16,870
459,895
Unrestricted
Restricted
Funds
Funds
£
£
13,310
-
Other Costs
Support Costs
£
£
17,371
30,399
16,372
23,772
4,806
18,755
1,043
6,931
39,592
79,857		 2025
£
24,946
═══════
═══
2025
£
85,120
187,592
145,688
58,365
476,765
2025
£
13,310
2025
£
91,000
209,806
121,334
83,417
505,557		 2024
£
12,877
════
2024
£
78,699
208,299
166,395
79,072
532,465
2024
£
12,029
16,870
Unrestricted
Funds
£
13,310
Other Costs
£
17,371
16,372
4,806
1,043
39,592
2024
£
93,476
196,336
118,074
84,597
492,483
386,108

15

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy

NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2025

5.2
Support Costs
Advisory Group and Trustees Meetings Costs
(Governance)
Rent Paid
Consultants, Dues & Subscriptions
Meetings and PR Costs
Depreciation
Audit Fees (Governance)
General Office
IT Costs
Total		 Charitable
Activities
£
560
16,731
17,833
-
2,984
6,900
27,382
7,467
**79,857 **		 2025
£
560
16,731
17,833
-
2,984
6,900
27,382
7,467
**79,857 **		 2024
£
144
17,344
16,296
5,371
2,986
4,200
27,915
5,720
79,976
Advisory Group and Trustees Meetings Costs
(Governance)
Rent Paid
Consultants, Dues & Subscriptions
Meetings and PR Costs
Depreciation
Audit & Financials (Governance)
General Office
IT Costs
Total
Net Incoming Resources
Net Incoming Resources are stated after
charging/(crediting):
Depreciation of tangible assets
Operating lease rentals - Office equipment
Audit & Financials
Investment and Other Income
Rent receivable - other income
Bank interest
Total		 Basis of
Apportionment
Administration
Staff Time
Usage
Staff Time
Unrestricted Activity
Administration
Staff Time
Usage
2025
£
2,984
-
6,900
2025
£
-
13,310
13,310		 2025
£
560
16,731
17,833
-
2,984
6,900
27,382
7,467
79,857
2024
£
2,986
3,325
4,200
2024
£
-
12,029
12,029		 2024
£
144
17,344
16,296
5,371
2,986
4,200
27,915
5,720
79,976

7 Net Incoming Resources

8 Investment and Other Income

16

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy

NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2025

9. EMPLOYEES AND REMUNERATION

Number of employees

The average number of persons employed (including executive trustees) during the financial year was as follows:

2025 2024
Number Number
Project Workers and Administration 11 11
Chief Executive Officer 1 1
─────── ───────
12 12
═══════ ═══════
The staff costs comprise: 2025 2024
£ £
Wages and salaries 349,588 323,764
Social security costs 27,659 26,062
Pension costs 15,532 16,879
─────── ───────
392,779 366,705
═══════ ═══════

The Key Management is composed of the CEO. The remuneration associated with this post is less than £60,000 for the accounting period. No Trustees are involved in the key management of the charity and none received any remuneration during the reporting period.

10. EMPLOYEE BENEFITS

There are no employees who are Trustees and no employees received employee benefits (excluding employer pension costs) of more than £60,000 (€70,000) for the reporting period.

11. TANGIBLE ASSETS

Cost
At 1 April 2024
Additions
Sale/Disposal
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the financial year
Sale/Disposal
At 31 March 2025
Net Book Value
At 31 March 2025
At 31 March 2024		 Long
Leasehold
Property
£
-
-
-
-
-
-
-
-
-
-		 Fixtures,
Fittings and
Equipment
£
14,921
-
-
14,921
5,759
2,984
-		 Total
£
14,921
-
-
14,921
5,759
2,984
-
8,743 8,743
6,178
9,162		 6,178
9,162

17

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
12.
DEBTORS
Other debtors
Prepayments and accrued income
Total
13.
CREDITORS
Amounts falling due within one year
Trade creditors
Taxation and social security costs (Note 14)
Other creditors
Accruals and deferred income:
Pension accrual
Other accruals
Total
14.
TAXATION AND SOCIAL SECURITY
Creditors:
PAYE / NI
15.
RESERVES
At the beginning of the year
Surplus for the financial year
At the end of the year
═══════		 NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
12.
DEBTORS
Other debtors
Prepayments and accrued income
Total
13.
CREDITORS
Amounts falling due within one year
Trade creditors
Taxation and social security costs (Note 14)
Other creditors
Accruals and deferred income:
Pension accrual
Other accruals
Total
14.
TAXATION AND SOCIAL SECURITY
Creditors:
PAYE / NI
15.
RESERVES
At the beginning of the year
Surplus for the financial year
At the end of the year
═══════		 2025
£
0
1,048
1,048
2025
£
6,662
-
535
161,003
1,514
-		 continued
2024
£
11,883
1,165
13,048
2024
£
101
-
462
121,499
1,843
-
169,714 123,905

18

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

continued

Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

FUNDS

Reconciliation of Movement in 16.1 Funds

At 1 April 2023
Movement during the financial year
At 31 March 2024
Movement during the financial year
At 31 March 2025		 Unrestricted
Funds
£
261,740
94,445
356,185
54,961
411,146		 Restricted
Funds
£
17,965
52,703
70,668
-45,497
25,171		 Total Funds
£
279,705
147,148
426,853
9,464
436,317

16.2 Analysis of Movements on Funds

Description
Restricted funds
Unrestricted funds
Total funds		 Balance 1 April
2024
£
70,668
356,185
426,853		 Income
£
460,060
54,961
515,021		 Expenditure
£
505,557
-
**505,557 **		 Balance
31 March
2025
£
25,171
411,146
436,317

17. RELATED PARTY TRANSACTIONS

There have been no transactions with trustees or related parties that require disclosure in the reporting period. None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity.

18. POST-BALANCE SHEET EVENTS

There have been no significant events affecting the Charity since the financial year-end.

19. CASH AND CASH EQUAVALENTS

Cash and Receivables: The year-end balances are as follows:

Creditors, Accruals and Deferred income: The charity has creditors which are included in Note 13. They consist of trade creditors, other creditors (Lloyds credit card) and Accruals & Deferred income. The figure for Accruals consists of the Year End Accounts & Audit fees of total £5,000 and the deferred income amounts to £145,035.

19

Docusign Envelope ID: AAD5F0B6-83F0-44CE-942E-0308D81DED1D

Irish Chaplaincy NOTES TO THE FINANCIAL STATEMENTS

continued

for the financial year ended 31 March 2025

20. DEFERRED INCOME

3) Irish Government ESP: A grant of £271,350 was received in August 2024, out of which £67,838 was deferred to the 2025-26 year.

21. GOVERNMENT OF IRELAND: EMIGRANT SUPPORT PROGRAMME

An Emigrant Support Programme (ESP) grant of £271,350 was received for the year from 1st July 2024 to 30th June 2025. The funds were restricted for the following projects: Outreach Services (ICOS) - £68,250; Prison Outreach (ICPO) - £164,250; Traveller Equality Project - £38,850. Nine months grant income was utilized in the period to 31st March 2024. Three months grant income amounting to £67,838 has been deferred to the 202526 year and will be utilized by 30th June 2025. Three months grant income amounting to £61,750 deferred from 2024-25 has been utilised this year.

20