IRISH ELDERLY ADVICE NETWORK
The Irish Elderly Advice Network, provides advice, support and information to elderly Irish and other elderly people in order to combat, poverty, isolation and distress amongst the elderly community in London. We do this by providing a comprehensive advice service covering all areas of concern to pensioners.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £56,580 exceed the charity's stated policy target of approximately £39,000, representing three months of net operating costs. The charity reported a net income surplus of £2,997 for the year, with total income of £323,214 against expenditure of £320,217. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant.
What the accounts disclose
“IEAN’s Reserves Policy is to hold reserves equivalent to three months of net operating costs to cover cash flow, contingency and to plan future costs which equates to reserves of approximately £39,000.” — page 8
Trustees
- Thomas Wheelerchair
- Dr MARY NI LOCHLAINN
- GERALDINE CASEY
- John Bernard O'Connor
- John Patrick Lynch
- MR WILLIAM FAUGHNAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £323k | £320k |
| 31/03/2024 | £303k | £292k |
| 31/03/2023 | £344k | £312k |
| 31/03/2022 | £261k | £264k |
| 31/03/2021 | £260k | £251k |
Common questions
Is IRISH ELDERLY ADVICE NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £56,580 exceed the charity's stated policy target of approximately £39,000, representing three months of net operating costs. The charity reported a net income surplus of £2,997 for the year, with total income of £323,214 against expenditure of £320,217. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially non-compliant. Its FY2025 accounts were independently examined.
Who funds IRISH ELDERLY ADVICE NETWORK?
Funders whose own accounts filings name IRISH ELDERLY ADVICE NETWORK as a grant recipient include THE IRELAND FUND OF GREAT BRITAIN.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE IRELAND FUND OF GREAT BRITAIN | FY2023 | £25k | |
| THE IRELAND FUND OF GREAT BRITAIN | FY2022 | £7k | |
| THE IRELAND FUND OF GREAT BRITAIN | FY2024 | £4k | |
| THE IRELAND FUND OF GREAT BRITAIN | FY2023 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/06/2026 | £20k | Homeless Elders Housing Project |
| The National Lottery Community Fund | 29/04/2022 | £10k | Irish Elders Theatre - wellbeing project |
| The National Lottery Community Fund | 23/10/2020 | £10k | Irish Elders Corona Recovery Project |
| City Bridge Foundation | 25/07/2019 | £150k | Grant to Irish Elderly Advice Network |
| The National Lottery Community Fund | 05/04/2019 | £10k | Irish Elders Core Project |
| City Bridge Foundation | 19/05/2011 | £13k | Grant to Irish Elderly Advice Network |