REGISTERED CHARITY NUMBER: 1189855
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
LIVERPOOL IRISH CENTRE
Malthouse & Company Chartered Accountants America House, Rumford Court Rumford Place Liverpool Merseyside L3 9DD
LIVERPOOL IRISH CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 21 |
| Detailed Statement of Financial Activities | 22 to 23 |
LIVERPOOL IRISH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
In fulfilment of its charitable objectives the Liverpool Irish Centre enables the following cultural activities to take place: Irish Dancing; Irish Music; Irish Language; Sequence Dancing; Irish Flute (marching) band; Lowlands Ceili Music Group; Irish Book Club; Ceilis and concerts featuring Irish music and dance.
The Liverpool Irish Centre also provides welfare services for the elderly and vulnerable as follows: tea dances and lunch clubs for pensioners; memory loss groups; health and fitness activities such as working in the garden which is in the grounds of the Centre, weight monitoring, healthy cooking and walking.
The Liverpool Irish Centre is a regular base for the John Mitchels and Wolfe Tones Gaelic games clubs and the GAA County Board meet at the Centre regularly.
The Liverpool Irish Centre is now established as the home of Irish culture on Merseyside. It has been based at its current premises for twenty years. During that time hundreds of people have come through the doors each week to engage in the activities listed above. Although the emphasis and focus is on Irish related activities and the majority of customers are Irish or of Irish descent, the activities are open to all and many who have no connections with Ireland come to learn to dance and play music or attend a class or a concert or function. In addition the Centre has forged strong links with others such as the Indian, Nepalese and Polish communities who regularly use the premises for their functions.
The Liverpool Irish Centre has strong links and associations with other institutions such as Irish Community Care; the Irish government; the Irish in Britain group; local universities including the Institute of Irish Studies; local and Irish media in Britain.
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LIVERPOOL IRISH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
OBJECTIVES AND ACTIVITIES
Significant activities
The year saw a return to something like normality after the lockdowns of the previous financial period and the attendant disruption to our normal charitable and trading activities. April 2021 was the last committee meeting on Zoom.
Most of our traditional activities came back stronger than ever: the Bolger Cunningham dance group saw numbers rise significantly in September 2021, and supper ceilis, pensioners' lunches and tea dances were instantly very popular again. Trips out for our pensioners started up again.
We had our first AGM since 2019 on 16 September 2021which was well attended and at this meeting the property was the main item on the agenda. The Centre has been at its current location since 1999 and the lease expired in July 2021. We remained in negotiations for a new lease on the premises. Little progress was made during the year but we did have some draft plans drawn up for what the premises might look like. The intention is to undertake a refurbishment programme to bring the building up to date and fit for purpose for the next twenty years. The Centre has established itself now and although people still talk about the old location at Mount Pleasant there is a growing recognition of the advantages of the current location - parking, external facilities, bus routes, amongst others.
On-line presence continued to grow impressively. Virtual activities had been an important feature of lockdown and had helped considerably to keep the Centre vibrant and relevant even when largely closed for business. The enhanced profile this created has had long term benefits and interest in the Centre has never been higher.
Similarly, the garden - which was a lockdown project arising out of the growing recognition of the benefits of being in the outdoors - remained a hive of activity both in terms of cultivation and recreation. There were many outdoor events and our external facilities are now integral to what we do and are a great resource. During the year we erected a shed in the garden which was officially opened on 1st October 2021 by Simon Coveney TD. The shed is another great facility for the Centre and is a part of our commitment to the health (mental and physical) and wellbeing of our members.
It was fairly clear from the accountant's report at the AGM, that if the Centre is busy then we will be (modestly) profitable, and the year saw increased use of the Centre during the day with coffee mornings proving popular and additional classes being added to the wellbeing repertoire under the auspices of the Sainte le Cheile project. Sundays became vibrant and were well attended and the musical offerings were much appreciated by our patrons. By the time of the AGM we were pleased to report that activity levels had led to an improved financial position. The main features of that were as follows: an increase in the number of concerts and weekend events generally; growing numbers in the health and wellbeing areas eg the running club and yoga class; more outdoor activities eg parties and barbecues in the garden.
Christmas 2021 was a great success. It was the first proper celebration of Christmas for some time of course and there was almost a month of activities: wreath-making, readings and carols, packed concerts. Hundreds pf children met Father Christmas in the shed which had been transformed into a grotto. That will become another great tradition at the Centre.
Lockdown had started for us with the cancellation of our very popular St Patrick's mass and the other festivities associated with the national celebration. The mass returned in March 2022 and the feast day was marked in good style with the Centre full all day and a packed programme of events. We were able as a community to reflect on the return to normal life and the value we now truly appreciated in coming together to celebrate the many aspects of Irish culture the promotion of which is the central objective of the Liverpool Irish Centre. For that, and for all those who make it possible - our members, our funders (principally the Emigrant Support Programme and the National Lottery Community Fund), our staff and volunteers, we were truly thankful.
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LIVERPOOL IRISH CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
OBJECTIVES AND ACTIVITIES
Social investments
The charity provides young people with an environment to learn about their culture and develop skills in music and dancing. It also provides facilities to act as a base for meetings and fundraising for the various teams. We also provide for our elderly people by arranging a number of social functions on a regular basis where they can meet socially and get advice on social welfare problems if necessary. We facilitate local communities, schools, churches and also provide opportunities to hold functions after funerals. We welcome groups from all ethnic backgrounds to have social and other activities.
Beneficiaries
All members of our community benefit from our activities and advice and support we give. The local community have a facility for fundraising and a place where receptions can be held after funerals. Liverpool Irish Centre is there to serve all people irrespective of their race, religion or sex.
FINANCIAL REVIEW
Principal funding sources
We have several sources of charitable funding. The Irish government through the Emigrant Support Programme continues to provide financial support. As in previous years we have received 80% of the salary of the Community and Cultural Administrator, money towards looking after our elder members and a contribution towards the maintenance of our premises. The trustees decided not to make application for funding in respect of the Heritage Officer post which no longer exists.
The Centre made application for funding for the Slainte le Cheile project to the National Lottery Community Fund. We secured three years of funding which pays for the salary of the project coordinator plus some additional financial assistance including a part time assistant. We have received other grants from funds including the Irish Youth Foundation and the Liverpool City Region.
Our commercial activities have had to adapt in light of the lockdowns. We have benefited from much increased sales from the shop, which has helped to compensate for the loss of sales from the bar. We have received new income from our membership scheme which will be recurring on an annual basis. The members have responded to our difficulties with a variety of ways for raising money including our largest ever raffle at Christmas. All of our commercial revenue is generated to support the continued use of the premises as a centre for Irish cultural activity and for looking after members of our community whose needs have also increased and changed as a result of the pandemic.
Investment policy and objectives
The powers of the Executive Committee in relation to investments are set out clearly in sections 4a and 4d of the constitution, a copy of which has been lodged with the Charity Commission.
Reserves policy
The Executive Committee have established a policy whereby the unrestricted funds not committed or invested on tangible fixed assets of the charity should be two months of the resources expended, which equates to approximately £55,000 - £65,000. At this level, the Executive Committee feel that they would be able to carry on the charity's activities in the event of a significant drop in income. At present the unrestricted reserves of £30,934 do not reach the target level and the members of the Executive Committee are considering ways to increase funding.
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LIVERPOOL IRISH CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a Charitable Incorporated Organisation.
Organisational structure and appointment of trustees
An Executive Committee of up to twelve members meets monthly and administers the charity. Smaller groups organise and run classes for Irish Dancing, Irish Music, Irish Language, sports and other activities. Irish Community Care Merseyside, itself a registered charity, runs a monthly tea dance and social event that is attended mainly by elderly people and those people not in full time employment. A number of excursions and dinners are also provided for our elderly community throughout the year.
New trustees are proposed and agreed at trustees meetings and the appropriate skills developed.
Related parties
The charity has a close working relationship with Irish Community Care Merseyside, also a registered charity, so that social and welfare provision in this area is not duplicated. The charity also works with non-registered organisations and individuals in the provision of cultural activities to the Irish and local community.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1189855
Principal address
6 Boundary Lane Everton Merseyside L6 5EH
Trustees
A Billing P Gaul A Grimes K Cunningham (resigned 16.9.21) P Hardiman E Sexton K Dickinson R Turner (resigned 9.1.22) L Anderson M Royce (appointed 16.9.21) K Brennan (appointed 16.9.21) R MacGabhann (appointed 16.9.21)
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LIVERPOOL IRISH CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Malthouse & Company Chartered Accountants America House, Rumford Court Rumford Place Liverpool Merseyside L3 9DD
Approved by order of the board of trustees on 14 November 2022 and signed on its behalf by:
P Gaul - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIVERPOOL IRISH CENTRE
Independent examiner's report to the trustees of Liverpool Irish Centre
I report to the charity trustees on my examination of the accounts of Liverpool Irish Centre (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Guy Playfer BA FCA ICAEW Malthouse & Company Chartered Accountants America House, Rumford Court Rumford Place Liverpool Merseyside L3 9DD
30 January 2023
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LIVERPOOL IRISH CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 36,565 Charitable activities Improving community life 12,700 Other trading activities 3 237,608 Total 286,873 EXPENDITURE ON Raising funds 5 219,445 Charitable activities 6 Improving community life 52,839 Total 272,284 NET INCOME/(EXPENDITURE) 14,589 RECONCILIATION OF FUNDS Total funds brought forward 21,460 TOTAL FUNDS CARRIED FORWARD 36,049 |
Restricted funds £ - 32,414 - 32,414 6,948 80,595 87,543 (55,129) 147,174 92,045 |
31.3.22 Total funds £ 36,565 45,114 237,608 319,287 226,393 133,434 359,827 (40,540) 168,634 128,094 |
31.3.21 Total funds £ 17,536 97,525 78,026 193,087 99,606 114,872 214,478 (21,391) 190,025 168,634 |
|---|---|---|---|
The notes form part of these financial statements
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LIVERPOOL IRISH CENTRE
BALANCE SHEET 31 MARCH 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 11 5,115 CURRENT ASSETS Stocks 12 9,278 Debtors 13 939 Cash at bank and in hand 32,561 42,778 CREDITORS Amounts falling due within one year 14 (11,844) NET CURRENT ASSETS 30,934 TOTAL ASSETS LESS CURRENT LIABILITIES 36,049 NET ASSETS 36,049 |
Restricted funds £ - - 28,091 63,954 92,045 - 92,045 92,045 92,045 |
31.3.22 Total funds £ 5,115 9,278 29,030 96,515 134,823 (11,844) 122,979 128,094 128,094 |
31.3.21 Total funds £ 884 5,448 85,849 87,016 178,313 (10,563) 167,750 168,634 168,634 |
|---|---|---|---|
The notes form part of these financial statements
continued...
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LIVERPOOL IRISH CENTRE
BALANCE SHEET - continued 31 MARCH 2022
| FUNDS 15 Unrestricted funds Restricted funds TOTAL FUNDS |
36,049 92,045 128,094 |
21,460 147,174 168,634 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 14 November 2022 and were signed on its behalf by:
P Gaul - Trustee
A Grimes - Trustee
The notes form part of these financial statements
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Individual assets costing £500 or more are capitalised at cost.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Leasehold property improvements - 10% p.a. on cost Fixtures, fittings & equipment - 25% p.a. on cost
STOCKS
Stocks consist of bar and shop supplies and are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
TAXATION
The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES - continued
HIRE PURCHASE AND LEASING COMMITMENTS
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2.
3.
DONATIONS AND LEGACIES
| Donations and gifts 100 club Door income Other income OTHER TRADING ACTIVITIES Bar Irish provisions |
31.3.22 £ 13,778 4,105 7,971 10,711 36,565 31.3.22 £ 183,494 54,114 237,608 |
31.3.21 £ 7,667 80 2,544 7,245 17,536 31.3.21 £ 27,065 50,961 |
|---|---|---|
| 78,026 |
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
4. INCOME FROM CHARITABLE ACTIVITIES
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Activity | £ | £ | |
| Grants | Improving community life | 45,114 | 97,525 |
| Grants received, included in the | above, are as follows: | ||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Irish Youth Foundation | 5,000 | 5,000 | |
| Department of Foreign Affairs and Trade; Emigrant Support Programme | 39,114 | 64,075 | |
| The National Lottery Community Fund | - | 10,000 | |
| PH Holt Foundation | - | 2,000 | |
| Legal & General Community Fund | - | 3,000 | |
| Men's Suicide Prevention Fund | - | 3,450 | |
| Community Foundation - garden | - | 10,000 | |
| Arnold Clark Community Fund | 1,000 | - | |
| 45,114 | 97,525 |
Grants received, included in the above, are as follows:
The grant received in the year from the Department of Foreign Affairs and Trade: Emigrant Support Programme is restricted for expenditure on events organised for elders and for the salaries of an Administrator and Heritage Development Officer.
5. RAISING FUNDS
OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| Opening stock Purchases Closing stock Staff costs Rent Rates and insurance Light heat and telephone Other costs Depreciation |
31.3.22 £ 5,448 130,679 (9,278) 65,291 4,930 1,634 5,079 1,320 2,345 207,448 |
31.3.21 £ 5,717 50,542 (5,448) 26,478 4,519 1,543 3,096 260 770 |
| 87,477 |
All costs, unless easily identifiable, have been apportioned between Fundraising Trading and Support Costs at 30% and 70% respectively. This ratio is considered by the trustees to fairly reflect the split of expenditure undertaken within the charity.
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 6. CHARITABLE ACTIVITIES COSTS Improving community life 7. SUPPORT COSTS Improving community life Support costs, included in the above, are as follows: Bank charges Rent Rates and insurance Light heat and telephone Repairs and maintenance Sundries Depreciation of tangible fixed assets Professional fees Accountancy fees Independent examination |
Finance £ 1,448 |
Support Direct costs (see Costs note 7) £ £ 56,332 77,102 Governance Other costs £ £ 70,104 5,550 31.3.22 Improving community life £ 1,448 11,502 3,812 11,851 40,246 2,448 245 1,550 2,000 2,000 77,102 |
Totals £ 133,434 Totals £ 77,102 31.3.21 Total activities £ 847 10,544 3,599 7,225 20,412 1,991 245 - 2,000 2,000 48,863 |
|
|---|---|---|---|---|
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
9. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.3.22 | 31.3.21 | |
|---|---|---|
| Charity staff | 2 | 2 |
| Bar staff | 9 | 4 |
| 11 | 6 |
No employees received emoluments in excess of £60,000.
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 17,536 Charitable activities Improving community life 38,400 Other trading activities 78,026 Total 133,962 EXPENDITURE ON Raising funds 92,479 Charitable activities Improving community life 39,255 Total 131,734 |
Restricted funds £ - 59,125 - 59,125 7,127 75,617 82,744 |
Total funds £ 17,536 97,525 78,026 193,087 99,606 114,872 214,478 |
|---|---|---|
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
11.
| Unrestricted fund £ NET INCOME/(EXPENDITURE) 2,228 RECONCILIATION OF FUNDS Total funds brought forward 19,232 TOTAL FUNDS CARRIED FORWARD 21,460 TANGIBLE FIXED ASSETS Improvements to property £ COST At 1 April 2021 115,097 Additions - At 31 March 2022 115,097 DEPRECIATION At 1 April 2021 114,852 Charge for year 245 At 31 March 2022 115,097 NET BOOK VALUE At 31 March 2022 - At 31 March 2021 245 |
Restricted funds £ (23,619) 170,793 147,174 Fixtures and fittings £ 38,515 6,820 45,335 37,876 2,344 40,220 5,115 639 |
Total funds £ (21,391) 190,025 168,634 Totals £ 153,612 6,820 160,432 152,728 2,589 155,317 5,115 884 |
|---|---|---|
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 12. STOCKS Stocks 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 15. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds General fund 21,460 Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme 14,249 Expenses 141 Kitchen 1,407 Irish Youth Foundation 2,305 Digital Outreach Project 400 The National Lottery Community Fund 121,172 Community Foundation - garden 7,500 147,174 TOTAL FUNDS 168,634 |
31.3.22 £ 9,278 31.3.22 £ 29,030 31.3.22 £ 7,590 4,254 11,844 Net movement in funds £ 14,589 563 (141) (1,407) - (400) (46,244) (7,500) (55,129) (40,540) |
31.3.21 £ 5,448 31.3.21 £ 85,849 31.3.21 £ 6,784 3,779 10,563 At 31.3.22 £ 36,049 14,812 - - 2,305 - 74,928 - |
|---|---|---|
| 92,045 | ||
| 128,094 |
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continued...
LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Expenses Kitchen Irish Youth Foundation Digital Outreach Project The National Lottery Community Fund Community Foundation - garden Arnold Clark Community Fund TOTAL FUNDS |
Incoming resources £ 286,873 26,414 - - 5,000 - - - 1,000 32,414 319,287 |
Resources Movement expended in funds £ £ (272,284) 14,589 (25,851) 563 (141) (141) (1,407) (1,407) (5,000) - (400) (400) (46,244) (46,244) (7,500) (7,500) (1,000) - (87,543) (55,129) (359,827) (40,540) |
|---|---|---|
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.20 £ Unrestricted funds General fund 19,232 Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme 3,152 Expenses 141 Kitchen 1,407 Irish Youth Foundation 2,305 Digital Outreach Project 400 The National Lottery Community Fund 163,388 Community Foundation - garden - 170,793 TOTAL FUNDS 190,025 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 133,962 Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme 44,125 Irish Youth Foundation 5,000 The National Lottery Community Fund - Community Foundation - garden 10,000 59,125 TOTAL FUNDS 193,087 |
Net movement At in funds 31.3.21 £ £ 2,228 21,460 11,097 14,249 - 141 - 1,407 - 2,305 - 400 (42,216) 121,172 7,500 7,500 (23,619) 147,174 (21,391) 168,634 Resources Movement expended in funds £ £ (131,734) 2,228 (33,028) 11,097 (5,000) - (42,216) (42,216) (2,500) 7,500 (82,744) (23,619) (214,478) (21,391) |
|---|---|
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Expenses Kitchen Irish Youth Foundation Digital Outreach Project The National Lottery Community Fund TOTAL FUNDS |
At 1.4.20 £ 19,232 3,152 141 1,407 2,305 400 163,388 170,793 190,025 |
Net movement in funds £ 16,817 11,660 (141) (1,407) - (400) (88,460) (78,748) (61,931) |
At 31.3.22 £ 36,049 14,812 - - 2,305 - 74,928 |
|---|---|---|---|
| 92,045 | |||
| 128,094 |
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Department of Foreign Affairs and Trade; Emigrant Support Programme Expenses Kitchen Irish Youth Foundation Digital Outreach Project The National Lottery Community Fund Community Foundation - garden Arnold Clark Community Fund TOTAL FUNDS |
Incoming resources £ 420,835 70,539 - - 10,000 - - 10,000 1,000 91,539 512,374 |
Resources Movement expended in funds £ £ (404,018) 16,817 (58,879) 11,660 (141) (141) (1,407) (1,407) (10,000) - (400) (400) (88,460) (88,460) (10,000) - (1,000) - (170,287) (78,748) (574,305) (61,931) |
|---|---|---|
The Department of Foreign Affairs and Trade; Emigrant Support Programme has funded the Elderly Project and the salaries and expenses of a Heritage Officer and an Administrative Officer in the year. The grant awarded covers the period 1 July 2020 to 30 June 2021.
The Irish Youth Foundation provides funding for the caretaker and equipment.
Kitchen related to monies provided to refurbish the kitchen.
The Digital Outreach fund is provided for giving talks to Elderly groups in relation to changes to digital television services.
The NHS - Healthy Liverpool fund is provided for improving the health of local people and communities.
The National Lottery Community Fund is provided for the Slainte Le Cheile - Health Together project. This aims to ensure the hardest to reach groups within the Irish Community in Liverpool get healthy, and stay healthy.
The Community Foundation grant is provided for improvements and refurbishment to the garden areas.
The Arnold Clark Community Fund grant is provided for garden area improvements.
continued...
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LIVERPOOL IRISH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
17. ULTIMATE CONTROLLING PARTY
The charity was under the control of the trustees for the period under review.
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