2022-03-31-accounts - The Ireland Fund Of Great Britain

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		Page
Report ofthe Trustees		1 to 6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		9 to 10
Cash Flow Statement
Notes tothe Cash Flow	Statement
Notes to the Financial	Statements	13 to 23

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	6	E		6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				175,355	330,184	505,539	560,888
Other trading activities				217,995		217,995	38,574
Investment income				6		6	17
Total				393,356	330,184	723,540	599,479
EXPENDITURE ON
Raising funds			5	145,736		145,736	125,936
Charitable activities
Community development	/ the relief of poverty
				93,276	188,935	282,211	302,901
Sharing and developing	Irish arts and culture			14,356		14,356	40,430
Education				13,856	139,312	153,168	184,957
Total				267,224	328,247	595,471	654,224
NET INCOME/(EXPENDITURE)				126,132	1,937	128,069	(54,745)
RECONCILIATION OF	FUNDS
Total funds brought forward				217,964	(706)	217,258	272,003
TOTAL FUNDS CARRIED FORWARD				344 096	~1231	345 327	217258

	BALANCE SHEET 31 MARCH 2022
	Notes	2022f	2021f
FIXEDASSETS
Tangible assets	13	665	1,315
CURRENT ASSETS
Debtors	14	72,354	8,976
Cash at bank		536,463	252,834
		608,817	261,810
CREDITORS
Amounts falling due within one year	15	(264,155)	(45,867)
NET CURRENT ASSETS		344,662	215,943
TOTAL ASSETS LESSCURRENT
LIABILITIES		345,327	217,258
NET ASSETS		345 327	217258
FUNDS	17
Unrestricted funds Restricted funds TOTAL FUNDS		344,096 1,231 345 327	217,964 ~706) 217258

		F	OR THE YEAR ENDED	31 MARCH 2022
			Notes	2022f	2021 f
Cash flows from	operating	activities
Cash generated from operations			1	283 623	~356695)
Net cash provided	by/(used	in) operating	activities	283,623	~356,695)
Cash flows from	investing	activities
Interest received					17
Net cash provided	by investing activities				17
Change in cash	and cash	equivalents
in the reporting	period			283,629	(356,678)
Cash and cash equivalents		at the
beginning ofthe	reporting	period		252,834	609,512
Cash and cash equivalents		at the end
ofthe reporting	period			536,463	252,834

RECONCILIATION ACTIVITIES	OF NE	T I	NCOME/(EXPE	NDITURE) TO NET C	ASH FLOW F	ROM OPERATIN	G
						2022	2021
							f
Net income/(expenditure)		for the reporting		period (as per the
Statement ofFinancial Activities)						128,069	(54,745)
Adjustments for:
Depreciation charges						650	648
Interest received						(6)	(17)
(Increase)/decrease	in debtors					(63,378)	12,469
Increase/(decrease)	in creditors					218,288	~315,050)
Net cash provided	by/(used		in) operations			283,623	~356,695)
ANALYSIS OF CHANGES		IN	NET FUNDS
					At 1.4.21f	Cash flowf	At 31.3.22
Net cash
Cash at bank					252,834	283,629	536,463
					252 834	283,629	536,463
Total					252 834	283 629	536463

									2022	2021
									6	8
Bank interest			receivable						6	17
All investment			income is		derived	from assets held	in the Llnited Kingdom.
RAISING FUNDS
Raising donations				and	legacies
									2022	2021
									L	f
Support costs									58614	53031
Other trading			activities
									2022	2021
Fundraising		events							11,750	4,706
Support costs									75,372	68,199
									87 122	72 905
Aggregate	amounts								145736	125 936
CHARITABLE			ACTIVITIES COSTS
							Grant
							funding	of
							activities		Support
							(see note		costs (see
							7)f		note 8) L'	Totals f
Community	development				/ the relief
of poverty							280,235		1,976	282,211
Shanng and		developing			Irish arts
and culture							12,500		1,856	14,356
Education							151,312		1 856	153,168
									5688	449 735
GRANTS PAYABLE
									2022	2021
Community	development				/ the relief of poverty				280,235	301,221
Sharing and		developing			Irish arts	and culture			12,500	38,750
Education									151312	183277
									444 047	523248

						2022	2021
							6
Coventry Irish Society							2,999
Irish Community Services						3,000	1,000
Gonzaga College						12,100
Glenstal Abbey						12,500	3,173
Immigrant Counselling	and	Psychotherapy				8,000	6,500
I uton Irish Forum						8,000	3,000
Dublin City University							500
Lewisham Irish Community		Centre					5,025
Feith An Cheoil School						2,000
Insh Chaplaincy						8,000	7,500
Irish Heritage						3,000	2,500
Blackrock College Development							70,323
Irish Music and Dance	in London		(IMDL)			1,500	3,000
Irish Community Care	Manchester					7,000
Liverpool Irish Centre						4,000
Irish Pensioners Choir						1,500	7,500
London Irish Centre							3,250
Abbey Theatre						13,750	12,500
Integrated Education Fund						20,063	13,250
Insh Cultural Centre, Hammersmith						5,000	22,000
Irish Sailing Foundation						26,651	10,325
Mark Pollock							1,000
National Gallery of Ireland						11,703	6,250
Social Entrepreneurs Ireland						25,275	37,675
UL Foundation/Munster	Rugby					17,308	10,025
I am Irish Campaign						3,000	2,500
Brent Irish Advisory Service						4,200	2,480
Leeds Irish Health & Homes						6,000	7,500
AslAm							1,013
Royal Academy of Music						17,353	18,750
St Pats Roof Appeal						561	4,428
Castletroy College Rugby							1,135
Our Lady's Hospice &	Care Services						175,883
Jack & Jill Foundation						13,750	3,750
Holy Child Killiney Dev	fund					1,343	12,053
Learning Hub Limerick						5,250	13,700
Summerhill College Sligo						34,948	10,000
Via Wings						4,500	2,000
MyBag Charity							5,737
Cruse Bereavement Care						1,500	3,000
English Cross Community		Group					4,000
Irish Community Care						4,000	8,000
Tinas Wish						4,575	18,024
Blackwater Valley Opera Festival						5,425
NMH Foundation						5,625
The Clongowes Foundation						1,250
The Ireland Funds- Heart ofthe Community					Fund	11,313
DCU						2,000
Stillbirth and Neonatal	Death Association			of	Ireland	5,625
Alexandra College						35,229
Quaker Service						4,000
Parallel Histones						3,000
Read for Good						4,000
I ets unite for autism Limited						4,000
The Vale Pantry						4,000

GRANTS PAYABLE - conti	GRANTS PAYABLE - conti	nued
Sunshine Wishes Children's		Charity	2,500
Irish Elderly	Advice Network		7,000
Brent Adolescent Centre			5,000
Void Gallery			2,500
Leeds Irish	Arts Foundation		2,000
Bikes for Refugees (Scotland)			3,600
Clongowes	Wood College		1,250
Blackwater	Valley Opera Festival		43 400
			444 047	523248

SUPPORT	COST	S
							Governance
						Management	costs 6	Totals f
Raising donations		and legacies				55,854	2,760	58,614
Other trading	activities					71,825	3,547	75,372
Community	development			/ the relief of
poverty						1,769	207	1,976
Sharing and	developing		Irish arts and
culture						1,769	87	1,856
Education						1,769	87	1,856
						132986	6688	139674
Activity				Basis of allocation
Management					Use of resources
Governance	costs				Use of resources
Support costs, included			in	the above,	are as follows:
Management
								Community
						Raising		developmen
						donations	Other	/ the
						and	trading	relief of
						legaaes	actlvlbes	poverty
						6	6	6
Wages and	salaries					36,866	47,406	1,167
Social security						6,403	8,235	203
Pensions						1,906	2,449	60
Rent and service		charges				335	432	11
Insurance
Telephone and internet						156	201	5
Printing, postage		and stationery				167	214	5
Marketing						1,057	1,360	34
Sundnes						1,628	2,094	52
Staff recruitment
Travel and subsistence						426	547	13
Computer expenses						165	212	5
Bank and credit card charges						494	636	16
Foreign exchange		(gain)/loss				5,571	7 163	176
Carried forward						55,174	70,949	1,747

									Community
							Raising		developmen
							donations	Other	/ the
							and	trading	relief of
							legacies	activities	poverty
								E
Brought forward							55,174	70,949	1,747
Consultancy		costs					325	418	10
Membership		cost					83	108	3
Depreciation		oftangible		fixed assets			272 ~55 854	350 71 825	9 1 769
								2022	2021
					Sharing
					and
					developing
					Irish
					arts and			Total	Total
					culturef		Education 6	activities 6	activities
Wages and		salaries			1,167		1,167	87,773	82,828
Social security					203		203	15,247	5,053
Pensions						60	60	4,535	3,264
Rent and service charges						11	11	800	2,548
Insurance									436
Telephone	and internet					5	5	372	659
Printing, postage and stationery						5	5	396	471
Marketing						34	34	2,519	3,239
Sundries						52	52	3,878	2,942
Staff recruitment									1,035
Travel and	subsistence					13	13	1,012	41
Computer expenses						5	5	392	331
Bank and credit card charges						16	16	1,178	798
Foreign exchange			(gain)/loss			176	176	13,262	10,690
Consultancy		costs				10	10	773	5,144
Membership		cost				3	3	200
Depreciation		oftangible		fixed assets		9	9	649
					1,769		1,769	132,986	120,127
Governance		costs
									Community
							Raising		developmen
							donations	Other	/ the
							and	trading	relief of
							legacies	activities	poverty
								E
Accountancy		and	legal	fees			1,681	2,160	53
Independent		examiners'		fee's			1,079	1 387	154
							2760	3 547	207

						2022	2021
				Sharing
				and
				developing
				Irish
				arts and		Total	Total
				culturef	Educationf	activitiesf	activitiesf
Accountancy	and legal		fees	53	53	4,000	2,387
Independent	examiners'		fee's	34	34	2,688	3,756
				87	87	~6688	6 143
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
						2022f	2021 f
Depreciation	-	owned assets				650	648
Other operating		leases				800	2 548

STAFF COS	TS
						2022f	2021 f
Wages and salaries						87,773	82,828
Social security costs						15,247	5,053
Other pension	costs					4 535	3264
						107555	91 145
The average	monthly	number	of employees	during	the year was as follows:
						2022	2021
Support Staff						2	2

		NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
COMPARATIVES	FOR	THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds 6	fundsf	fundsf
INCOME AND ENDOWMENTS			FROM
Donations and legacies				39,745	521,143	560,888
Other trading activities				38,574		38,574
Investment income				17		17
Total				78,336	521,143	599,479
EXPENDITURE ON
Raising funds				114,097	11,839	125,936
Charitable activities
Community development		/ the relief of poverty
				1,516	301,385	302,901
Sharing and developing		Irish arts and culture
				1,516	38,914	40,430
Education				1,516	183441	184,957
Total				118,645	535,579	654,224
NET INCOME/(EXPENDITURE)				(40,309)	(14,436)	(54,745)
RECONCILIATION	OF	FUNDS
Total funds brought	forward			258,273	13,730	272,003
TOTAL FUNDS CARRIED FORWARD				217,964	706	217,258
TANGIBLE FIXED	ASSETS
				Fixtures
				and	Computer
				fittingsf	equipment L'	Totals f
COST
At 1 April 2021 and	31 March 2022			22,233	2,495	24,728
DEPRECIATION
At 1 April 2021				22,176	1,237	23,413
Charge for year				25	625	650
At 31 March 2022				22,201	1,862	24,063
NET BOOK VALUE
At 31 March 2022				32	633	665
At 31 March 2021				57	1 258	1 315

DEBTO	RS: AMO	UNTS F	ALL	ING DUE WITHIN O	NE YEAR
							2022f	2021 f
Trade debtors							41,550	6,489
Prepayments							~30 804	2487
							72 354	8976
CREDITORS: AMOUNTS			FALLING DUE WITHIN		ONE YEAR
							2022	2021
							f.	f
Grant obligations							212,795	28,241
Social secunty and other			taxes				9,739	4,172
Other creditors							2,354	2,355
Accrued	expenses						2,520	2,400
Deferred	income (see below)						36747	8699
							264 155	45 867
							2022	2021f
Brought	forward						8,699	9,699
Amount	released	to incoming		resources			(8,699)	(1,000)
Amount	deferred	in year					36,747	0
Carried	forward						36747	8699
ANALYSIS OF NET ASSETS				BETWEEN FUNDS
							2022	2021
					Unrestricted	Restricted	Total	Total
					funds	fundsf	fundsf	fundsf
Fixed assets					665		665	1,315
Current Current	assets liabilities				527,938 ~184,507) 344 096	80,879 ~79,648) ~1231	608,817 ~264,155) 345 327	261,810 ~45,867) 217258

MOVEMENT	IN FUND	S
							Net
							movement	At
						At 1.4.21	in funds	31.3.22
							6
Unrestricted	funds
General fund						217,964	91,687	309,651
IFGBGrant Round							34,445	34,445
						217,964	126,132	344,096
Restricted funds
Donor Advised	Grants	- Community
Care and Development						(1,707)	1,457	(250)
Donor Advised Grant TOTAL FUNDS		- Education				1,001 ~706) 217,258	480 1,937 128069	1 481 1,231 345 327
Net movement	in funds,		included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
							6	6
Unrestricted	funds
General fund						243,111	(151,424)	91,687
IFGBGrant Round						150,245	~115,800)	34,445
						393,356	(267,224)	126,132
Restricted funds
Donor Advised	Grants	- Community
Care and Development						190,392	(188,935)	1,457
Donor Advised	Grant	- Education				139,792	~139,312)	480
						330184	~328 247)	1 937
TOTAL FUNDS						723,540	~595471)	128069
Comparatives	for movement			in	funds
							Net
							movement	At
						At 1.4.20	in funds	31.3.21
							6	6
Unrestricted	funds
General fund						258,273	(40,309)	217,964
Restricted funds
Donor Advised	Grants	- Community
Care and Development Donor Advised Grant TOTAL FUNDS		—Education				12,730 1,000 13,730 272,003	(14,436) ~14,436) ~54 745)	(1,706) ~1000 ~706) 217258

Comparative	net movem	ent in funds, included in the a	bove are as follows
			Incoming	Resources	Movement
			resources 6	expended L	in funds f
Unrestricted	funds
General fund			78,336	(118,645)	(40,309)
Restricted funds
Donor Advised	Grants	—Community
Care and Development			286,800	(301,236)	(14,436)
Donor Advised	Grant -	Education	183,277	(183,277)
Donor Advised	Grants	—Irish Arts and
Culture Job Retention Scheme TOTAL FUNDS			38,750 12316 521,143 599,479	(38,750) ~12316) ~535,579) ~654 224)	~14,436) ~54,745)