REGISTERED COMPANY NUMBER: 02701445 (England and Wales)
REGISTERED CHARITY NUMBER: 1010448
SCOTfIsH CHARITY NUMBER: SC038887
Report of the Trustees and
Financial Statements for the Year Ended
31 March 2024
for
Remar Assoclation (UK)
Mabe Allen LLP
a)artered Accountant5
ststutory Audltors
50 Osmaston Road
Derby
DEI 2HU

Remar Assoclation (UK)
Contents of the Flnanclal Statements
for the Year Ended 31 March 2024
Page
Repoi't of the Trustees
Report of the Independent Auditors
Consolidated Statement of Flnancial Activities
13
Consolldat& Balan￿ Sheet
14
Company Balan￿ Sheet
15
Consolldated Cash Flow Statement
16
Notes to the Consolidated Cash How SLatement
11
Notes to the Financial SLatements
18
Detalled Ststement of Financial Activlties
35

Remar Assoclation (UK)
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 20061 present their report with
the flnanclal ststements of the charlty for the year ended 31 March 2024. The trustees have adopted the provisions of
Accountlng and Reportlng by Charltles., Statement of Recommended Practice appllcable to charltles preparlng thelr
accounts In a￿OrdanCe wrfch the Flnancial Reporting Standard appllcable in the UK and Republic cf Ireland (FRS 102).
Basis and Values
Remar Assixlatlon (UK) Is a charlty whose Insplration and values derive from the Chrlstlan falth. These values, enrlched
and shared by many people of other faiths and phllosophlesi provtde the basls of the work wlth persons affected by drug
addiction and alcoholism, and with their familles and dependents.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects cf Remar Assoclatlon (UK) as amended by a Speclal Resolution dated 17 July 2003 atmd as defln& by the
Memorandum of Associatlon are.'_
l) to relleve In any part of the World sufferlng from rJ)verty andlor sickness particularly among persons affected by
solvent abuse, drug addiction and/or alcoholism and to restore and rehabllitate such persons and to relieve the sufferlng
of parents, spousesi partners, chlldren (Includlng orphaned and abandoned) of such affected persons; to educate the
public and persons affected by solvent abuse, drug addlction and alcohollsm and in danger of solvent, drugs and alcohol
addiction in suth manner as the directors think fit.
11) to relieve in any part of the World povety, deprivation and dlstress among persons of any age or race induding
without limit asSiStsn￿ directly or indirettly for places of education and care of the sick.
111) the care, re-settlement and rehabllitation of offenders and their famllles and dependants in any part of the World.
Iv) the advan￿ment of the Chrfstlan faltt).
Sigiilficant actlvltles
The current focus of Remar Association (UK)'s work is based upon four main pillars:_
i) To ralse awareness of the Christian faith through evangelism.
ii) To instil discipleship in the Christian faith.
iii) To undertake Christian soclal work, the practical expression of which is in assistan￿ to persons affected by solvent
abuse, drug addlction andlor alcoholism, ex-offenders, the relatives cf such affected persons and als0 in financial and
materlal support for Ihe ChrlslJan sodal work of Remar In other parts of the world, Indudlng help to orphaned and
abandoned chlldren.
Iv) To ralse fundsi partscularly through Its own Chrlsllan business enterprlses, to support its activittes.
The followlng are some of the main actAvities and developments in the different areas over the past year:
We have been doing evangelistic work on the streets of central London and people have come to our ￿ntre5 directly as
a result of this activity, also evangelising On￿ a week in Glasgow (Scotland).
Dlsci
The general work of dlsdpleship contlnues amongst th￿ benefldarles who, once their Ilves have been fully restored,
decide to stay on as volunt*r Chrlstlan workers. Thls Is ma5nly praclical tralnlng, carrled on In the day-to-day routlne
of each house.
Page I

Remar Assoa"ation (UK)
Report of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES AND ACTIvrrIES
Slgnificant activltles - contlnued
Lxial Wor
We wish to contlnue to refer people from the Unlted Klngdom wlth problems of drug and alcohol addlctlon to the Spanish
Remar centres. Others contsct Remar Spaln dlrectly for help wlth their problems.
We have also been able to contlnue with our financlal programme of gifts and donatlons to Remar centres In other parts
of the world, as shown In the financlal report.
Soclal work amongstthe poor and maryinalised has continued during the year. In Nottlngham and London, a programme
"Angels in the night" contlnues brtnging to the homeless and street people weekly a programme of hot food, sandwithes,
and refreshments.
A programme of dlstrlbutlng food par￿15 weekly has contlnued for those In need of baslc ft)od.
Chrfstlan Buslnes5 Ent
We contlnue to generate the majorfty of our funds from the profits made by our Charlty Shops and onllne sales whlch
sell new and second-hand donated furnlture, clothlng & brfc-a-brac, and wlth a percentage of actlvlty undertaken by our
subsidiary trading company, Remar UK Limited. These shops are funttloning in four different towns or dtles (2023:
four) at present and continue to be a financial success.
Public benefit
Under the Charities Act 2011, charities are required to demonstrate that their aims are for the public benefit. The two
key prlnclples which must be met in this context arE, first, that there must be an identifiable benefit or benefits; and,
secondly, that the beneflt must be to the publlc, or a sethon of the publlc, Charlty Trustees must ensure that they carry
out thelr charlty's aims for the publlc beneflt, must have regard to the Charity Commisslon's and the offi￿ of the Scottlsh
Charlty Regulator's guldance, and must report on public benefit In their Annual Repmjrt.
Remar Association (UK)'s Board of Trustees regularly monltors and revlews the success of the organlzatlon In meeting
Its key objectives of helping people suffering from poverty, sicthess and affetted by drug addiction and al(rJhollsm. The
••
Trustees confirm, in the light of the guidance, that these aims fully m*t the public benefit test and that all the activities
of the Charity, described in this report under Its current focus, are undertaken In pursuit of its aims.
Grant Making
Declsions on maklng grants are taken by the Trustees and are normally made to Remar S￿In for dlstribution to other
Remar organisations around the world (s* Nots 7) based on where the need Is greatest.
Volunteers
The voluntary workers Include drug-addlcts and alcohollcs In rehabllltatlon, addicts already rehabllltated and Indlviduals
dedicating themselves full tlme to the work of the Charity. These indlviduals live In the various properknes rented by or
belonging to the Charlty and have thelr needs provtded by the ChaFIty. The Trusteps conslder It very Important that
those who no longer have problems of addiction live alongside those who arrive as drug addicts and alcoholics, so that
they can care for them LMenty-ft)ur hours a day.
The Trustees wlsh to thank those many volunteers who glve thelr tlme to the varlous projects, In totsl thls represents
hours of worl( which cannot Possibly be valued, but without which Remar Association (UK) WDuld not exist.
Page 2

Remar Association (UK)
Report of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Financial position
The last financlal year has seen the Charity develop and consolldate Its servlces.
The Consolldated Balantt Sheet Indlcates that at 31 March 2024 the total funds of the group were £552,699
(2023: £583,057). Thls was represented by tangible fixed assets of E795,065 (2023. £821,475) and net current assets
of £83,639 (2023. £98,780), with a further £326,005 (2023: £337,198) Ilabilitles due after more than one year. The
liabilitles Include the outstandlng balance of £340,975 (2023: £355,944) due on bank loans. Unrestricted funds of
£552,699 (2023: £583,057) represents the reserves available to the group to fulfil the Charity's existing commitments
over the long term and also to finance the expected growth In actlvlty.
The Consolldated Statement of Flnanclal Actlv5tles indlcates that total resources expended for the year ended 31 March
2024 was £942,523 (2023: £1,004,610) with total income generated of £912,165 (2023: £926,266). The existence and
operation of charity shops by the Charity provides a substantial base for the future wlth five shops (2023: fwe) in
operatlon at the year end,
Resettlement and care expenditure at a cost of £151,218 (2023.. £203,059) contlnued to be a signlficant part of the
Charlty's activltles. Durfng the year Fare5hare provlded the charlty food with a fair value of £35,360 (2023: £53,163)
ft)r distribution to the beneficiaries of the charity.
The Trustees will progress the strategy to develop and grow the Charty. The Trustees are confident that they are well
plattd to fulfll the objectlves of the Charlty Into the future.
?ding Activities
The results of Remar UK Llmlted, the wholW owned subsldlary company of the charlty are summarlsed in Nots 14 of the
Financial Statements.
During the year, the trading subsidiary has made donations of £37,638 (2023: £41,573) transferring prof￿5 to the parent
charlty. The dlrectors of the subsldlary who are also Trustees of the charity are: G W Harvey and J Blatch.
Financial reserves policy
The Trustees are seeklng to provlde a capital ￿SerVe of 3 months running costs. It should be noted that Remar
Association UK has in place an agreement, renewed annually, with Remar Madrid, that in the event of lack of cash flo
or tlie inability to cover financial obligations, Remar Association (UK) wlll recelve funds from Remar Madrld.
At 31 March 2024 the unrestrlcted reserves of the Charlty amounted to £552,699 (2023: £583,057).
The unrestricted reserves going forward should help to finan￿ the interest on the bank loans whlch exlsts.
The amount of funds that can only be realised by disposing of tangible fixed assets amounted to £454,090 as at 31 March
2024 (2023.. £460,037). After maklng allowan￿ for funds that can only be realised by dlsposlng of tsngible flxed assets
the free reserves of the charlty a￿ £98,609 (2023: £119,255).
Flnanclal and rfsk management obJectlves and pollcles
Financial
Funds surplus to requirement to the running of the UK operation are transferred to Remar International where they are
used excluslvely for the soclal work In the developlng world and in particular to assist our work with orphaned and
abandoned children. All(xation of funds is made by a Commiltee which sits once a month.
Page 3

Remar Association (UK)
Report of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Financial positlon - contlnued
Restoration of Llves
Supervision of those persons undergoing rehabilitatlonls undertaken by monltors who lfve twenty-four hours a day with
those In rehabilitation. Monitors are persons who are Judged by the General Manager as responsible and capable of
assisting others.
Rlsk rnanagement
The major risks to which the charity is exposed, as identified by the Trustees, have been revlewed and systems have
been established to mltlgate those risks.
The Trustees appolnted the law firm Maurice Turnor Gardner, 15th Floor, Mllton Street, London EC2Y 9BH, with the lead
lawyer Jennifer Emms, specialist in UK charity law and governan￿. A ' rwt and branch, review was undertaken to
ensure that Remar Assoclatlon were compliant with all aspects of the Charty Commlsslon's guldelines, with special
attention given to risk management.
The Trustees further retained the services of MTG to carry out a revlew of cperatlng procedures wlth a focus on risk
managemenL at year end 2024.
Teaching and Training
At a national and IOGII level, monltors are constantly being taught, evaluated and encouraged by Joaquin Munt, the
General Manager, who is also a Pastor in the Body of Chrlst Church and has over 20 years, experience in rehabilitation
of drug and alcohol addicts and is supported by Pastor Sergio Fialho and Pastor Toni Riberio. At an intematlonal level,
regular courses are held in Nadrid.
The Trustees have tasked the General Manager to engage with a local charw set up for the purpose of provldlng skllls-
based training. We are engaging with the Nottlngham Community and Voluntary Services, NCVS charity, and managers
and supeNisors selected by the General Manager will attend regular training courses.
The Trustees have tasked the General Manager to keep a record of all the training courses and those individuals who
attend. The Trustees are considering producing an internal certlflcate in conjunctlon wlth the local charity to glve
individuals when they have suc￿sSfUllY completed tralnlng,
Changes in Fixed Assets
The movements in fixed assets during the year are set out in the notes to the Financial Statements,
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Remar Association (UK) is a Reglstered Charty (number 1010448 for England and Wales and SC038887 for Scotland)
and a company Limited by guarnntee (number 02701445) whlch was set up on the 27 March 1992. Its governing
instrument is the Memorandum and Articles of Association which were issued at that date.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recrultment and appointment of new trustees
A panel comprlslng exlstlng Twstees selects members to Join the Trustee board. After an appropriate period of
observation and enqulry to assess suitability new Trustees undergo an orientation to brlef them on their legal obligations
under charity and company law, content of the Memorandum and Artjcles of Association, the board of Trustees and
declslon-maklng processes and recent flnancial performance of the Charity. The Trustees retire by rotatlon wFth the
longest seNing director, if willing to act, offering himself for re-election at the Annual General Meeting.
Page 4

Remar Association (UK)
Report of the Trustees
for the Year Ended 31 March 2024
FINANCIAL REVIEW
Organlsatlonal structure
Remar Association (UK) operates as an Independent charlty, although It Is In contact with the network of charltles under
the Remar umbrella, an Intematlonal Christian Outreach Minlstry. In addition, there exists a wholly owned subsldlary
company, Remar UK Llmlted, whlch has previously undertaken to make a covenanted donaljon wlthln the meaning of
the Corporation Tax Act 2010 Sectlon 189.
The Trustees are responsible for the overall management and control of the Charity and re￿1ve reports from the General
Manager Joaquln Munt.
Responsiblllty for operatlonal attivltles Iles In the hands of the General Manager, who Is supported by other volunteers.
The Trustees have overall reswnslblllty for ensurlng that the Charlty has approprlate systems of control, flnanclal or
otherwlse.
Page 5

Remar Assoclatlon (UK)
Report of the Trustees
for the Year Ended 31 March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02701445 (England and Wales)
Reglstered Charity number
1010448
Scottlsh Charlty Number
SCO 38887
Reglstered office
845-847 Hlgh Road
Leytonstone
London Ell IHH
Trust
J Blatch
G W Harvey
L Engllsh
Company Secretary
A Ipgrave
Auditors
Mabe Allen LLP
Chartered Accountants
statutory Auditors
50 Osmaston Road
Derby DEI 2HU
Bankers
Lloyds TSB Bank PIC
Market Square House
Old Market Square
Nottlngham NGI 6FD
Soliators
Geldards
Number One Pride Pla
Prlde Park
Derby DE24 8QR
Page 6

Remar Associatlon (UK)
Report of the Trustees
for the Year Ended 31 March 2024
srAfEMÈNT OF TRUSTEES RESPONSIBILrriES
The trustees (wlm) are also the directors of Remar Association (UK) for the purposes of company law) are responsible
for preparing the Report of the Trustees and the financial statements in accordance wlth applicable law and Unlted
Klngdom Accounting Standards (Unlted Kingdom Generally Accepted Accounting Prattice), including Financial Reportlng
Stsndard 102 'The Financial RekK)rting Stsndard applicable In the UK and .Republlc of Ireland"
Company law requlres the trustees to prepare flnanclal ststemènts for each financlal year whlch glve a true and falr vlew
of the stste of affairs Df the charitsble company and of the Incomlng resources and application of resources, induding
the Income and eynditure, of the charitable company for that period. In preparlng those flnancial ststements, the
trustees are required to
select suitsble accounting policies and then apply them consistentlyi
observe the methods and principles in the Charity SORP;
ake judgements and esiimates that are reasonable and prudent
prepare the financial ststements on the going coKern basis unless It Is Inapproprlate to presume that the
charitsble cornpany will continue in business.
The trustees are reswnslble fr)r keeping proper accounting records which disclose with reasonable accuraty at any ljme
the financial position of the charitsble company and to enable them to ensure that the financial ststements comply with
the Companles Att 2006. They are also responsible for safeguarding the assets of the charlia￿e company and hen￿ for
taklng reasonable steps for the prevention and deteciion of fraud and other Irregular((les.
DISCLOSURE OF INFORMATION TO THE AUDrroRS
In so far as the trustee5 are aware..
there is no relevant audit information of which the charttsble company's auditors are unaware; and
the trustees have tsken all steps that they ought to have tsken to make themselves aware of any relevant audit
nformation and to estsblish that the audltors are aware of that information.
AUDITORS
The auditors, Mabe Allen LLP, will be prowsed for re-appointment at the fortho)ming Annual General Meeting.
Thls report has ￿en prepared in accordance with the speclal provlslons of Part 15 of the Companies Act 2006 relating
to small companles.
Approved by order of the board of trustees on
and signed on its behalf by..
G W Harvey- Tru
Page 7

Remar Association (UK)
Independent Audltor's Report to the Members and Trustees of Remar Assoaation (UK)
Unmodified Opinion
We have aUdIt￿ the flnanclal statements of Remar Association (UK) (the'parent charltable company,) and Its subsldiary
(the 'group? for the year ended 31 March 2024 whlch comprfse of the Group Consolldated Statement of Flnanclal
Activltle5, the GroLJP Summary Income and Expendlture Account, the Group Consolldated and Parent Charltable Company
Balan￿ Sheet, the Group Consolidated Cash Flow Statement and notes to the financial statements includlng a summary
of significant accountlng policies. The flnancial reportlng framework that has been applled In their preparatlon Is
applicable law and United Kingdom Accounting Standards, including Financial Reportlng Standard 102 The Reportlng
standard applicable in the UKand Republic of Ireland (Unit& Kingdom Generally A￿pted Accountlng Practlce).
In our oplnlon, eX￿pt for the posslble effects of the matter described in the basis for qualified opinion 5ectlon of our
report, the financlal statements:
glve a true and falr vlew of the state of the group's and parent charltsble company's affalrs as at 31 March 2024,
and of the group's and parent charltable company s Incoming reSoUr￿S and appllcatton of resources, including the
group's parent charitable company s income and expendlture, for the year then ended.
have b*n properly prepared In accordan￿ wlth United Kingdotn Generally A(XEPted Ac￿unting Practlce. and
have been prepared In accordan￿ wlth the requlrements of the Companles Act 2006, the Charities and Trustee
Investment (Scotland) Att 2005 and regulatjons 6 and 8 of the Charltles Accounts (Scotland) Regulatlons 2006.
Basis for unmodlfled oplnlon
We conducted our audit in accordance with Intemational Standards on Auditing CUK) (ISAS (UK)) and appllcable law.
Our responsibillb'es under those standards are further described in the Auditorfs responsibilities for the audlt of the
finanaal ststements *ction of our report. We are independent of the group and parent charitsble company In
a￿￿rdan￿ with the ethical requirements that are relevant to our aLKlit of the financial statements in the UK, including
the FRCS Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan￿ with tEiese requirements.
We belleve that the audlt evidence we have obtained is sufficient and appropriate to provide a basis for our qualified
oplnlon.
Concluslons relatlng to golng concern
In aUdI￿ng the financial statements, we have concluded that the directors, use of the going concern basis of accounting
In the preparation of the financial statements is appropriate,
Based on the work we have ￿rformed. we have not Identlfled any materlal uncertalntles relatlng to events or conditions
that indlvldually or collectively may cast doubt on the companfs ability to continue as a golng cOn￿M for a period of
at least twelve months from when the flnanclal statements are aulhorlsed for Issue.
Our responslbllltles and the responslblllties of the dlrectors with respect to golng con￿rn are destribed In the relevant
seclions of this report.
Our oplnlon Is not M￿JIfIed In respect of this matter.
Page 8

Remar Assoclatlon (UK)
Independent Auditor's Report to the Members and Trustees of Remar Association (UK) - contlnued
Other information
The trustees are rest)Jnsible for the other inforniation. The other information comprises the infomiation included In the
rewrt of the trustees, other than the financial statements and our auditorfs report thereon.
Our oplnlon on the finandal slatements does not cover the other Information and, ex￿pt to the extent otherwise
expllcltly 5tatsd In our re￿rt, we do not express any form of assuran￿ concluslon thereon.
In connection wlth our audlt of the flnanclal statements, our reswnslblllty Is to read the other Informatlon and, in doing
so, consider whether the other Infonnatlon Is materlally Inconslstent wlth the financlal statements or our knowledge
obtalned In the audlt or otherwlse appears to be materlally misstated. If we Identlfy such material Inconslstencles or
apparent material misstatements, we are requlred to determine whether there is a materlal mlsstatement In the flnanclal
statements or a material mi&8tatement of the other Informatlon. If, based on the work we have performed, we conclude
that there is a materièl misstatement of this other Infomiatlon, we are required to report that fact.
Opinions on other matters prescribed by the Companies Act 2006
In our oplnlon, based on the work undertaken In the course of the audlt:
the informatjon glven In the report of the trustees (Ino)ryioratlng the dlrectors, report) for the flnanclal year for which
the flnanclal sts*ements are prepared Is conslstent wlth the flnancial statements. and
the report of the dlrectors has been prepared In accordan￿ wlth appllcable legal requlrements.
Matters on which we are required to report by eXCep￿on
In the light of our knowledge and understanding of the group and parent charitable company and its envlronment
obtsined in the course of the audit, we have not Identified material mlssLalements in the directors, report.
We have nothlng to report In resp￿ of the following maiters in relatlon to whlth the Companies Act 2006 and the
Charlties Accounts (Scotland) Regulatlons 2006 requlre us to report to you If, In our oplnlon.,
adequate accountlng records have not been kept, or returns adequate for our audlt have not been recelved from
branches not vislted by us. or
the parent charitable cnmpanvs flnanclal statements are not In agreement MAth the accountlng records and rettjms.
or
certain disdosures of directors, remuneration speafied by law are not made. or
the trustees were not entitled to prepare the financial statements In accordan￿ with the small companies, regime
and take advantage of the small companies, exemptions in preparing Lhe dirertors, report and from the requlrement
to prepare a strateglc report.
Page 9

Remar As50ciatson (UK)
Independent Auditorfs Report to the Members and Trustees of Remar Association (UK) - contlnued
Responslbllltles of trustees
As explalned more fully in the trustees, responslbilitles statement set out on page 6 the trustees (who are also the
directors of the charltable company for the purposes of company law) are responsible for the preparation of the financlal
statements and for belng satISf￿e￿ that they glve a true and falr vlew, and for such internal control as the trustees
determine Is necessary to enable the preparatlon of financlal statements that are free from materlal misstatement,
whether due to fraud or error.
In preparing the financlal statements, the trustees are responslble for assesslng the group's and parent charitable
companys ability to continue as a golng COn￿M, dlscloslngi as appllcable, matters related to golng contrm and using
the going cor￿rn basis of accounting unless the trustees elther Intend to Ilquldate the group or the parent tharitsble
company or to cease operatlons, or have no realistic altematlve but to do so,
Audltorfs responslbilitl￿ for the audit of the financial statements
We have been appolnted as audltor under section 44(1)(c) of the Charlties and Trustee Investment (Scotland) Act 2005
and under the Companles Att 2006 and report in accordan￿ with regulations made under thi)se Acts.
Our objeclives are to obtaln reasDnable assurance about whether the financlal statements as a whole are free from
material misstatement, whether due to fraud or error, and to Issue an audltor's report that Indudes our opinion.
Reasonable assurance is a high level of a￿Uran￿ but Is I￿t a guarantee that an audit conducted In accordance with
ISAS (UK) wlll always detect a material misstatement when It exlsts. mI￿tatementS can arlse from fraud or error and
are considered material if, irKlividually or in the aggregate, they could reasonably expected to Influence the economlc
declslons of users taken on the basis of these financial statements.
Irregularltles, Incluélng fraud, are Instan￿ of non-complian￿ with laws and regulations. We design pro￿dure In Ilne
wlth our responslbllltles, outllned above, to detect material misstatements in respect of I￿egular1ties, induding frzud Is
detailed below:
Extent to which the audlt was consldered capable of detethng fraud
In identifyirKJ and assessing risk5 of materlal mlsstatement in respect of Irregularittes, InclLK11ng fraud and non-
compliance with laws and regulations, we considered the followlng:
The nature of the industry and sector, control environment and business perfomiantr Includlng targets for income
and net profit,.
Results of our enquiries of management and the trustees about their own identification and assessment of the risks
of Irregularlttes.
Any matters we identlfied havlng obtained and revIew￿l the company's documentatEon of their policies and
proCedU￿S relatlng to,.
Identifyingi evalualing and complylng wlth laws and regulatlons and whether they were aware of any Instances of
non-compllance, Including any related to the General Data Protectlon Regulatlons or Brlbery Act 2010.
Detethng and respondlng to the rlsks of fraLKI and whether they have knowledge of any actual, suspected or alleged
The internal controls to mitigate rlsks of fraud or non-compllance with laws and regulatlons.
The matter5 discussed among the audlt engagement team 5nclude how and where fraud mlght occur In the flnanclal
ststements and any wtential indlcators of fraud.
Page 10

Remar Association (UK)
Independent Auditor's Report to the Members and Trustees of Remar Association (UK) - continued
As a result of these pr0￿dureS, we considered the opportunltles and incenttves that may exist wlthln the charlty for
fraud and identifled the greatest potentlal for fraud in the abillty of management to manipulate revenue recognition. In
common wlth all audits under ISAS (UK), we are also required to perform specific prO￿dureS to respond to the rlsk of
management overrlde.
We also obtalned an understandlng of the legal and regulatory frameworks that the charity operates In, focusing on
provlsions of those laws and regulatlons that had a dlrect effect on the determlnatlon of material amounts and d5sclosures
in the finanaal statements. The key law5 and regulatlons we consldered In thls context Included In Sectlon 44(Ic) of the
C￿￿rItieS and Trust*s Investment (Scotland) Act 2005 the Companles Act 2006 and the Flnanclal Reportlng Standard
102.
In additlon, we consldered provisions of other laws and regulatlons that do not have a dlr* eff* on the flnancial
statements but compliance with which may be fundamental to the company's ability to operate or to avold a material
penalty. These include Ihe General Data Protedion Regulations, the Bribery Att 2010 and Health and Safety wllaes.
Audlt Response to Rlsks Identlfied
Our prO￿dureS to respond to risks Identlfled above Include the followlng:
Reviewing the finandal statements dlsclosures and testlng to supwrtlng documentstion to assess Complian￿ with
provisions of relevant laws and regulattons descrlbed as ha￿ng a dlrect effect on the flnanclal statements:
Ertquiring of management and directors concerning actual and potential litjgatton and daims.
Obtalnlng third party confirmation of material bank balar￿5.
Documentlng and verlfylng all slgnlficant rElated party balan￿$ and transaLtions'
Performing analytlcal prO￿dureS to Identlfy any unusual or unexpthd relationships that may indicate risks of
material misstatement due to fraud.
Re8dlng minutes to meetings of those tharged wlth governan￿ and revlewlng relevant Corresponden￿ from
regulatory bodies.
In addressing the fraud risk in revenue recognition we have tested a sample of revenue recorded in the year through
agreement to the relevant documentation and bank statements. Additionallyi at an analytical review level, we
developed an expectation of the revenue with referen￿ to our experien￿ of the client and dlscussions on the
recognltlon and volatlllty of revenue In the year; and
In addresslng the rlsk of fraud through management overrlde of controls, tesLlng the approprlateness of journal
entrles and other adjustments. assessing whether the Judgements made In maklng accountlng estimates are
indicative of a potential bias; and evaluatlng the buslness ratlonale of any slgnlflcant transactions that are unusual
or outside the normal course of business.
We also communlcated relevant identified laws arKI regulations and potential fraud risks to all engagement team
members and remaln alert to any indications of fraud or non-c0mp1lan￿ wlth laws and regulatlons throughout the audlL
Because of the Inherent limltatlons of an audit, there is a risk that we will not detect all irregularities, including those
leadlng to a materlal mlsststement In the financial ststements or non-complian￿ wlth regulatlon. This risk increases the
more that complIan￿ with a law or regulatlon Is removed from the events and transactions refletted in the flnanaal
statements, as we wlll be less Ilkely to become aware of Instarices of ncn-ccmpl1an￿. The rlsk is also greater regarding
ir￿gu]aritieS oc￿rring due to fraud rather than error, as fraud Involves intentlonal Con￿alment, forgery, collusion,
omission or misrepresentstion.
Page 11

Remar Association (UK)
Independent Auditor's Report to the Members and Trustees of Remar Association (UK) - contlnued
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.fr
auditorsres
nsibli
This description forms part of our Report of Auditors.
Use of our report
This report is made solely to the charitable company's members, as a bcKly, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006, and to the charitable companfs trustees, as a body, in accordan￿ with Regulation 10 of the
Charities Accounts (Scouand) Regulations 2006. Our audit work has been urmyertaken so that we might state to the
charitable company's members and trustees 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 reskKJnsibility to anyone other
than the charitable company, the charitable companls members as a body and the charitable company's trustees as a
bodyi for our audit work, for this report, or for the opinions we have formed.
Neil Higgins FCCA (Senlor Statutory Auditor)
for and on behalf of Mabe Allen LLP
Chartered Accountants
statutory Auditors
50 Osmaston Road
Derby
DEI 2HU
Date:
Mabe Allen LLP is eligible to act as an auditor in terms of *ttion 1212 of the Companies Att 2006.
Page 12

Remar Assoclatlon (UK)
Consolldated Statement of Financial Actlvltles (Xncludlng Income and Expendlture Account)
for the Year Ended 31 March 2024
Unrestslcted
fund
Resblcted Total funds Total funds
fund
2024
2023
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitsble activities
Investments
Other
74,371
837,044
750
74,371
837,044
750
88,676
836,840
750
Total
EXPENDrruRE ON
Ralslng fvnds
Charltable actlvltles
Resettlement and Care Expendlture
Donations to Other OrganiSa￿onS
Primary Purpose Trading costs
151,218
57,060
151,218
57,060
203,059
91,770
Total
42
NET (EXPENDrruRE)IXNCOME
(30,358)
(30,358)
(78,344)
RECONCILIATION OF FUNDS
Total funds brought fonmard
583,057
583,057
661,401
TOTAL FUNDS CARRIED FORWARD
552 699
552 699
CONTINUING OPERATIONS
All Income and expenditure ha5 arisen from contlnulng actlvltles.
The annexed notes form part of these flnanclal statements
Page 13

Remar Associatlon (UK) {reglstered number: 02701445)
Consolidated Balance Sheet
At 31 March 2024
Unrestrlcted
fund
Restrlcted Totsl funds Total funds
fund
20
2023
Notes
FIXED ASSErs
Tanglble assets
13
CURRENT ASSErs
Sb)cks
Debtors
Cash at bank and in hand
15
16
262,968
23,017
262,968
23,017
200,771
39,960
295,480
295,480
254,822
CREDrroRS
Amounts falllng due w￿h1n one year
17
211,841
211,841
156,042
NET CURRENT ASSErs
83,639
TOTAL ASSETS LESS CURRENT
LIABIUTIES
878,704
878,704
92Q,255
CREDITORS
Amounts falling due after more than one year 18
326,005
326,005
337,198
NET ASSETS
552 699
552,699
583 057
FUNDS
Unrestricted funds
Restrlcted funds
22
552,699
583,057
TOTAL FUNDS
552,699
583,057
These financlal statements have LEen prepared In accordan￿ wtth the spea'al provisions of Part 15 of the Companies Act
20Q6 relating to small charitable companies.
The financial ststements vvere approved by the Board of Trustees on ......!11.It/.Lo24 and were signed on its behalf by..
G W Harvey -Trustee
The annexed notes form part of these financlal statements
Page 14

Remar Assoclatlon (UK) (Registered number: 02701445)
Company Balance Sheet
At 31 March 2024
2024
2023
Notes
FIXED ASSETS
Tangible assets
Investments
13
14
794,635
820,969
794,637
820,971
CURRENT ASSErs
stocks
Debtors
Cash at bank and in hand
15
16
57,537
101,036
93
164,507
48,460
96,118
82
155,406
CREDrroRS
Amounts falling due within one year
17
NEf CURRENT ASSETS
TOTAL ASSEfs LESS CURRENT
LIABILrriES
875,015
916,490
CREDrroRS
Amounts falllng due after more than one
year
18
326,005
337,198
NET ASSErs
579,292
RESERVES
Unrestricte¢ Funds
549 010
29
579 292
The financial statements have been prepared In accordance with the provisions of Part 15 of the Companles Att 2006
relating to small companies.
The financial statements were approved by the Board of Trustees on . ..Ig/1.2J.2yi.Y.. and We￿ slgned on its behalf by:
G W Harvey
Trustee
The annexed notes form part of these financlal statements
Page 15

Remar Assoclatlon (UK)
Consolidated Cash Flow Statement
for the Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operating activities:
Cash generated from / (used in) operations
Loan Interest paid
Interest element of hire purchase and finance lease
rental payments
52,129
(30,603)
16,582
(24,731)
Net cash (used In)Iprovlded by operatlng
activities
11004)
Cash flow$ from Investlng aclivitieg:
Purchase of tangible fixed assets
Sale of tanglble fixed assets
(21,390)
Net cash (used in) investlng actlvStles
Cash flows from flnanclng activities:
Loan repayments In year
Capltal repayments in year
Receipts from government grants
Receipts from other grants
(14,970)
(6,345)
(18,745)
(20,626)
Net cash (used In)/provided by financing
actlvitles
10 310)
Change In cash and cash equivalents in the
reporting period
(10,723)
(34,875)
sh and cash equivalents at the beglnning
of the reportlng period
10,937
45,812
Cash and cash equivalents at the end of the
reporting period
The annexed notes ft)rm part of these finanaal statements
Page 16

Remar Association (UK)
Notes to the Consolldated Cash Flow Statement
for the Year Ended 31 March 2024
RECONCIUATION OF NET (EXPENDITURE}IINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expendlture)Ilncome for the reportlng perlod (as per the
statement of financial activities)
Adjustments for:
Depreciatlon charges
(Profit) on disposal of fixed assets
Government grants
Other grants
Loan interest paid
Interest element of hire purthase and finance lease rental payments
(Increase)/decrea* In stocks
(30,358)
(78,344)
47,801
54,939
(11,005)
30,603
549
(15,500)
24,731
2,855
(62,197)
16,943
(10,040)
(8,654)
(Inci'ease)/decrease In debtors
Increase In CTedltors
Net cash provlded l (used) by operatlng actlvlties
ANALYSIS OF CASH AND CASH EQUIVALENTS
The amount dlsclosed In the Cash Flow Statement In respect of cash and cash eoulvalent are In respect of these
Balan￿ Sheet amounts:
2024
2023
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
6,577
2,917
5,553
8,538
Total cash and cash equlvalents
214
ANALYSIS OF CHANGES IN NET DEBT
At 31.3.23 Cashflow At 31.3.24
Net Cash
Cash at ￿nk and in hand
214
Debt
Finance leases
Debtors falling éue wlthln l year
Debtors falllng due after l year
(5,496)
(18,746)
5,496
3,776
(14,970)
Total
The annexed notes form part of these financial statements
Page 17

Remar A550ciation (UK)
Notes to the Flnanaal Ststements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
The signlflcant accountlng pollcles applled In the preparatlon of these flnanclal statements are set out below.
These policies have b￿n conslstently applled to all years presented unless otherwlse stated.
Basls of preparlng the financlal statements
Remar Association (UK) is a public benefit entity as defined under Financial Reporting Standard 102. The financial
sLBtements have b*n prepared in acconlantr with The Q)mpanies Act 2006, the Charfties Act 2022, the Charities
and Trustees Investment (Scot'land) Att 2005 and the Financial Reportlng Standard applicable in the UK and
Republic of Ireland (FRS102) and Accounting and Reporting by Charities: Statement of Recommended Practt
applicable to charltles preparing thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In
the UK and Republic of Ireland (FRS 102) (effectlve l Jan￿ry 2019)
The flnanclal statements are presented In sterllng whlch Is the functlonal currency of the charity and rounded to
the nearest pound. The financlal ststements are prepar￿ on a going Coli￿rn ￿S15 under the historical cost
conventlon, modlfled to Include trrtain items at fair value.
Going Concern
The Trustees have prepared the financial statements on the going concerri basis which assumes that the group
and the Charitable CoM￿nY will continue to trade for the fores*able future. The valldity of the assumption Is
based on the Trustees, assessment of future cash forecasts, revenue projections and for the reasons set out below.
Cost of living crisis and economic uncertainty in the UK
As at the date of approvlng these flnanclal statements, the Impacts of the cost-of-living crisls on the group s tradlng
activlty Is contlnually belng ass&5sed and subjett to revlew. The current economlc cllmate in the UK has placed
straln on the group s cash flow and on the finantrs of the general publlc whlch could Ilmlt thelr ablllty to spend
on home Improvements. Our"base case assumptlon Is that all of the groups, premises will remain open Into the
fLrture. In assesslng the group's fundlng requlrements, the Trusteas have prepared projections which consider the
Impacts on revenue given the volattlity and Uli￿rtaInty on retail acttvity.
Flairing assessed the current trading Performan￿ and future prospects, the Trustees have conduded that both
the group and the parent charitable company have sufficient resources to contlnue In Opera￿onal exlstence for
the foreseeable future. Furthermore, there are no material Un￿r￿Al￿￿eS In relation to golng COn￿rn. Accoi'dingly,
they continue to adopt the going concern basls in preparing the fir￿nCIal statements. The financlal statements
therefore do not Include any adjustments that would arlse If the going concern basis of preparatlon were
Inappropriate.
Basis of Consolldatlon
Consolidated Financial Statements have b&n pi'epared In respect of the Charitable Company and Its wholly owned
subsidiaryi Remar UK Limited In accordance wlth section 398 of the Companies Act 2006 and the requirements of
the SORP 2019 (FRS 102). The Ir￿ome and expendlture of Remar UK Limited have been consolidated into the
Statement of Finanaal Activities (SCIFA) on a line by line basis.
No separate Ststement of Flnandal Attlvltles (SOFA) has been presented for the Parent charlty alone as permltted
by section 4D8 of the Companies Act 2006.
Company Ststus
The Charlty Is a prlvate Company Limited by Guarantee, registered In England and Wales. The members of the
Company are the Trustees named on page 5. In the event of the Charity being wound Upi the liability in respect
of the guarantee is limited to £1 per meryiber of the Charlty.
Page 18

Remar Association (UK)
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - contlnued
Critical accounting judgements and key sources of estimation uncertainty
llTr preparation of the financial ststements requlres management to makejudgments, esttmates and assumptions
that affect the amounts reported for assets and liabllltles as at Ihe balance sh￿t date and the amounts reported
for revenues and expenses durlng the year. However, the nature of e5Umatlon means that actual outcomes could
dlffer from those eslimates, The followlng Judgements have had the most signiflcant effect on amounts recognis
In the flnanclal statements:.
Valuatlon of stock
The tru>cees revlew management's judgements in assessing the require£l level of stock and prO￿S1on1ng and
concluded that the method of estimating the carrying value of stock remains appropriate, and that the level of
provlslonlng is approprlate,
Income
All income is recognlsed In the St'atement of Flnanclal Actlvltles or)tr the charlty has entJlJement to the funds, It Is
probable that the income wlll be recelved and the amount can be measured rellably.
For donations to be reccgnised the charity will have been notlfled of the amounts and the Settlement date In
*•
writing. If there are conditions attached to the donation and thls requlres a level of perforrnan￿ before entittement
can be obtalned then inccme is deferred until those conditions are fully met or the fulfilment of those condltlons
Is wlthln the control of the charity and it is probable that they will be fulfilled.
Donated facillties and donated professlonal servi￿5 are recognised in income at their fair value when thelr
economlc beneflt Is probable, It can be measured reliably and the charity has contrcl over the item, Fair value is
determined on the basls of the value of the glft to the charlty. For example the amount the tharity would be
willing to pay in the open market for such faclliljes and servlces. A correspondlng amount Is recognised in
expenditure
No amount is included in the financial statements for volunteer time in Ilne wlth the SORP (FRS 102). Further
detsll Is glven In the Trustees, knnual Report.
Where prattlcable, glfts In kind donated for distribution to the beneficlaries of the charity are Induded In stock
and donations In the financial statements upon receipt. If it is impracticable to assess the fair value at recelpt or
If the costs to undertake such a valuatlon Ou￿e1gh any benefits, then the fair value is recognised as a component
of donatlons when It Is dlstributed and an equlvalent amount recognlsed as charltable expenditure.
Page 19

Remar Associatlon (UK)
Notss to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Income - continued
Gifts in kind donated for resale are included at fair value, being the expected pr￿eedS from sale less the costs of
sale. Where estimating the fair value is practicable upon re￿Ipt it Is recognised in stoc& Upon sale, the value of
the stock Is charged against 'Income from primary purpose trading, and the proceeds are recognised as 'Income
from primary purpose tradlng,. Where11 Is impractlcable to fair value the items due to the volume of low value
Items, they are not recognised in the flnanclal ststements unttl they are sold. Thls Income is recognlsed wlthin
'Income from primary purposes trading,.
Income from prlmary purpose tradlng Includes Income earned by the tradlng subsidlaw in undertaklng trading
aCti￿tIeS whlch asslst in the reintegration Into soclety of the chartty beneflclaries and to raise funds for the charlty.
Income Is recelved in exchange for supplying goods and ServI￿S in order to ralse funds and meet the objectlves
of the charity and Is reixsgnlsed when entlllement has occurred.
Income from grants is recognised at fair value when the charity has entitlement after any performance conditlons
have been tnet, it is probable that the income will be received and the amount can be measured reliably. If
entitlement is not met then these amounts are deferred.
Expendlture
Uabilities are recognlsed as expendlture as soon as there is a legal or constructlve obllgatlon committing the
charity t'o that expenditure, It is probable that a transfer of economlc beneflts will be requlred in settlement and
the amount of the obllgatton can be measured rellably. Expendlture is accoLSnted for on an accruals basls and has
been classified under headlngs that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headlngs they have been allocated to actlvltles on a basls conslstent wlth the use of
sources.
Expendituff is categorized under the following headlngs:
Costs of ralsing ftjnds includes the costs of contracbng with agents to raise ftjnds cn behalf of the charity.
Expendlture on charltable actlvltles includes costs of resettlement and care, donatlons to other Remar
Orqanlzatlons and prlmary purwse trndlng ccsts.
Irrecoverable VAT15 charged as an expense agalnst the activlty for which the expenditure arose.
Grants payable to third parties are wlthin the charltable obJectlves. Where unconditional grants are offered, this
is accrued as soon as the reiipient is notified of the granL as this gives rise to a reasonable expertation that the
recipient will receive the grants. Grants offered subject to conditions which have not been met at the year end
date are noted as a commitment but not accrued as expendlture. The grant is only accrued when any unfulfilled
condltlons are outside of the control of the charity,
Tangible fixed assets
Depreclatlon Is provlded at the following annual rates In order to wrfte off each asset over its estimated useful life
or, If held under a finance lease, over the lease temi, whichever Is the shorter.
Freehold property
Improvements to property
xtures and fittings
Motor vehlcles
-2% oncost
Over perlod of lease
150/0 on reduclng balan
250/0 on reducing balance
Tanglble flxed assets are initlally measured at cost and subsequently measur&J at cost or valuatlon, net of
depreclatlon and any Impairment105ses.
Page 20

Remar Association (UK)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES . contlnued
Tanglble flxed asset$ - contlnued
The galn or loss arlslng on the dlsrKJsal of an asset Is determined as the dIfferen￿ betw&n the sale pr￿edS and
the carrying value of the assets, and is credited or charged to profit and loss.
At each reportlng perlod end date, the company revlews the carrying amounts of Its tanglble and Intsnglble assets
to determlne whether there Is any Indlcation that those assets have suffered an Impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated In order to determine the extent of the
impairment loss (if any). Where it is not possible to estimate the r￿0Verable amount of an Indlvldual asset, the
company estlmates the recoverable amount of the cash4Jeneratlng untt to whlcli the asset belongs.
Recoverable amount is the hlgher of falr value less costs to sell and value In use. In assessing value In use, the
estlmated future cash flows are dlscounted to thelr present value uslng a pre-tax dlscount rate that reflects current
market assessments of the tlme value of money and the rlsks speclflc to the asset for which the estimates of
fu￿re cash flows have not been adjusted.
If the r￿0Verable amount of an asset (or cash-generatlng unlt) is estimated to be less than its carrying amount,
the carrying amount of the asset (or cash-generating unit) is redU￿d to its recoverable amount. An impairment
loss is recagnised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in whlch
case the 1m￿1rment loss is treated as a revaluation decrease.
Stocks
Stoc1￿ are stated at the lower of cost and esttmated selling prlce less costs to complete and sell. Cost Includes all
costs of purchase, costs of converslon and other costs Incurred In brfnglng stock to Its present locatlon and
condltlon. Cost Is calculated uslng the flrst-ln, tlrst-out formula. Pmvlslon Is made for damaged, obsolete and
slow-movlng stock where approprlate.
Donated stocks are falr vdlued as described In 'Income' above.
Taxation
The charity Is an exempt charity within the meaning of schedLile 3 of the Charltles Act 2011 and Is consldered to
pess the tests set out in Paragraph I Schedule 6 Act 2010 and therefore It meets the definltlon of a charltable
company for UK corporation tsx purposes.
Hire purchase and leasing commltments
Assets acqulred under fInan￿ leases are Gipltallsed and depreciated over the shorter of tlie lease term and the
expected useful life of the asset. Minimum lease payments are apporboned btheen the finance charge and the
redudion of the outstanding lease liability using the effective interest method. The related obligations, net of
future finance charges, are included in credito￿.
Donated goods
Donated stocks are falr valued as described under the Income Recognition Sectlon above, The only exceptlon to
this accounting pollcy Is where the trustees ccnsider It impractlcal to falr value the gifts in kind donated for resale
because of the volume of low value Items received and where there Is an absence of detailed stod( control systems
or records,
Page 21

Remar Assoclatlon (UK)
Notes to the Financlal Statements . contlnued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Fund accounting
General funds are unrestrlcted funds whlch can be used in accordance with the charltable objectives at the
discretion of the trustees and which have not been designated for other purposes.
Deslgnated funds comprise unrestricted funds that have been set aside by the Trustses for particular purposes.
The alm and use of eath designated fund is set out in the notes to the Financial Statements.
Restricted funds can only be used for partlcular restrlcted purposes wlthln the objects of the tharlty. Restrlctlons
arlse when speclfied by the donor or when funds are ralsed for partlcular restrlcted purposes. The cost of ralslng
and admlnlsterlng such funds are tharged agalnst the speclfic fund.
Further explanatlon of the na￿re and purpose of each fundls Included In the notes to the financial statements,
Foreign currencles
Foreign currency transactions are inltlally recognlsed by applylng trj the foreign currency amount the spot exchange
rate between the functional currency 2nd the forelgn currency at the date of the transaction,
Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated at the
doslng rats.
Investment In subsldlarles
Investments in subsidlary undertal(Ings aiE recognlsed at cost.
Fund ralslng costs
Fundraising costs are those Incurred In seeklng voluntary contrjbutions and do not include the costs of
disseminating information in support of the charltable actlvltte5.
Debtors and creditors receivablelpayable within one year
Debtors and creditors with no stated Interest rate and re￿1vable or payable within one year are recorded at
transactlon prlce. Any losses arising from impairTnent are rec(yJnised In expendlture.
Loans and borrowlngs
Loans and bormwings are Inltlally recognl*d at the transactyon pr1￿ Includlng transathon costs. Subsequently,
they are measured at amortised cost using the effectlve interest rate method, less Impalrment. If an arrangement
constitutes a finan￿ transactlon It Is measured at present value.
Cash and cash equivalents
Cash and cash equlvalents Include cash In hand, deposits held at call wlth banks, other short-term Ilquld
Investments with original maturities of thr& months or less, and bank overdrafts.
Impalrment
Assets not measureé at falr value are revlewed for any Indlcatlon that the asset may be impaired at each balan
sheet date. If such Indlcation exists, the recoverable amount of the asset, or the asset's cash generating unlt, Is
estlmated and compared to the carrylng amounL Where the carrylng amount extreds its recoverable amount, an
Impairment 1055 is recognised In proflt or loss unless the asset Is carried at a revalued amount where the
impairment loss Is a revaluatlon decrease.
Provisions
Provisions aff r￿nISed when the charity has an obligation at the balan￿ sheet date as a result of a past event,
It is probable that an outflow of economic benefits will be required in ￿ttlement and the amount can be reliably
estlmated.
Page 22

Remar Association (UK)
Notes to the Flnanclal Statements . contlnued
for the Year Ended 31 March 2024
DONATIONS AND LEGACIES
Restricted
Funds
Unrestrlcted
Funds
Total Funds
2024
Donatlons..
Lidl Hygiene poverty fund
Lidl beaffs toy bank
Marsh Charltable Trust
The Flfty Fund
The Jones 1986 Charitable Trust
Chrlstadelphlan Samarltan fund
Donated Food for DlstrlbLFtlon - Fareshare
Souter Charitable Trust
Indlvlduals
250
555
500
1,200
5,000
500
35,360
3,000
250
555
500
1,200
5,000
500
35,360
3,000
Restricted
Funds
Unrestricted
Funds
Total Funds
2023
Donations:
The DCI Trust
LIDL Communlty Kltchen Fund
B & Q Property Improvement Fund
The Jones 1986 CharStable Trust
Donated Food for Distrlbutlon - Fareshare
Indlviduals
1,000
1,000
5,500
10,000
3,000
53,163
5,500
10,000
3,000
53,163
Donations and legacies in 2023 were aLtributable to both restricted and unrests1cted funds.
CHARrrABLE AcrxvriiES
2024
2023
primary Purpose Trading - Shop Income
INCOME FROM INVEsfMENTS
2024
2023
Rental Income
Income from Investments was attrlbutable to unrestrlcted funds.
Page 23

Remar Assoclatlon (UK)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
OTHER INCOME
2024
2023
Insurance Claim
Other income was attributable to unrestricted funds,
RAISING FUNDS
Ralslng dOna￿on5 and legacles
2024
2023
Support costs
Costs of raislng funds Includas consultancy f￿5 to raise funds on behalf of the charlty.
GRANTS PAYABLE
2024
2023
Donatlons to organlsatlons
The total grants paid to instituljons during the year was as follows.
2023
2022
Remar- Spain
Remar- India
Remar- Germany
Gift Africa
54,900
1,980
87,400
1,210
1,000
The charity has awarded grants to a number of institutions in furtherance of Its charltable actlvltles.
Contrlbutlons made to other Remar Organizatlons are towards the purthase and runnlng costs of ￿t￿ f]rst phase
and second phase drug rehabilitstion ￿ntreS (see Trustees, Report).
Reclplents of grants to Institutions:
The reapients of grants in the current year and previous year and the use to whlth the grants were put are as
follows:
Gift Africa - asslst wlth Rehabllltation Centre costs (2022: Assist with Rehabilitation Centre).
Remar Spain- For ￿ntral allocation and distribution to other Remar organisations.
Remar India - Assist with expenditure on orphanage.
Remar Germany - Assist with Remar SOS Projerts in Turkey,
Page 24

Remar Agsoclatlon {UlQ
Nrtes to the Financial Statemonts- torttinueAI
for the Year Ended 31 Marth 2024
TOTAL RESOURCES EXPENDED
Eqil•olAllucaYr
K¢Sett￿MIn*
DDThlloTh¥20
titknrRoMDv
Pilm*ry
1024Totsl
EKp•ndlliira
¢05L¥ dlr4cltyal*)￿tr￿
•ctivili
Feod
Puthseg and Cavthge
COMM￿51￿ Pald to Remai
DtrÈtt
Dtrett
Dtrett
38,rJ5
3B,735
254,894
15.676
59,976
317b79
12A90
2Y094
IS￿76
Ilrant of ALtivitie&
D￿￿tionS
D*ect
57,060
¥f,06D
91,770
Sypptrrt A110¢¥4ted t4
A¢tlvthi
Rent
Water ratss
Insu￿
Heat and Lbht
RatB5._ Ilon Domstlc
urKiI Tax
Te￿ph￿e
Fljblldty, Prlntsng bnd S￿l0n
ver1￿*
N(*orand TravdNtKJ Ewse5
Repalr5and Ren8wa15
&Jndr
Audltand A(Lwntst
Comnl&slon Pald m S¥les
IBJal and Profe*wal Fees
B&nk Chèroesand IiiLerest
Bank Lo3Th 0￿￿e9 and Inthtt
Hlre PurdE￿and Charge
Depredat￿rn
.Land and ￿lkj￿g5
-￿Se￿Id Imryovements
-R¥ture5 EqulwEnt
-motor Vthde4
169,886
3,155
35,465
32243
5,799
3,670
568
169,8B6
3,780
35,465
43fi29
5,799
10,356
9,E52
1,307
150,455
Dlrett
rect
tyrect
rett
625
31034
32￿
11,386
rne ap￿rl.￿nment
Olre£t
Dirert
ntno ap￿rtID￿fflent
Dlrect
Dtr￿t
Dtrect
rect
Dkert
Diert
Dkert
D*Ert
11040
436
,199
4,7Z3
133
83TIg
70,119
365
88,978
74042
499
28,794
15,689
105P26
29SY3
1,335
26&5
10,745
4,615
6359
24,731
2,&55
28,794
15,6
8230
8J30
30,603
549
30,603
549
Drert
Dtre
Dkecl
Dtrecl
2L435
663
21A75
336
I,￿7
22,￿2
21,475
1,973
1673
22
7,249
15.403
30,687
Page 25

Remar Association (UK)
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
NET INCOMEI(EXPENDITURE)
Net Income/(expendlture) Is ststed after charglngl(credltlng):
2024
2023
Auditors, remuneratlon
The auditlng of accounts of any assoclats of the charfty
Depredation - owned assets
Depredatlon - assets on hlre purchase contracts and finance leases
(Profit) on disposal of fixed a$5et
22,116
6,678
37,553
10,248
22,935
3,600
40,79Q
14,149
10. TRUSTEES, AND KEY MANAGEMENT PERSONNEL REMUNERATION AND BENEFITS
There were no trust￿5, remuneratlon or other beneflts for the year endal 31 March 2024 nor for the year ended
31 March 2023.
Mr J Munt, the charity's general manager is a member of the key management FErsonnel. Mr Munt and his family
reside in a fffthold property withln the Remar Community with other benefiaaries of the charity.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 or ft)r the year ende.d 31 March 2023.
11. COMPARATIVES FOR THE sfATEMEwf OF FINANCIAL ACTIVITIES
Unrestrlcted
fund
Restricted Total funds
lund
INCOME AND ENDOWMENTS FROM
Donations and legacies
73,176
15,500
88,676
Other tradlng actlvittes
Investsments
other
836,840
750
836,840
750
Total
910 766
EXPENDITURE ON
Raising Funds
Charitable activitie5
Resettlement and Care Expenditure
Donations to other organisations
Prlmary FXJrpo* Tradlng Costs
187,559
91,770
15,500
203,059
91,770
70
Total
EXPENDITURE
(78,344)
(78,344)
RECONCILIATION OF FUNDS
Total funds brought fonNard
661401
661401
TOTAL FUNDS CARRIED FORWARD
Page 26

Remar Assoa"ation (UK)
Notes to the Financial Ststements - continued
for the Year Ended 31 March 2024
12. STAFF COSTS
There were m staff costs durfng the year (2023: NIL) and no employees with emoluments abave £60,000. The
charlty depends on volunteers and rehabllltated benefldarles to undertake the worf( of the charity.
13. TANGIBLE FIXED ASSErs
Freehold Improvements
property
to propeity
Fixtures and
fittings
Motor
vehicles
A) GROUP
Totals
cosr
At l Aprll 2023
Addltlons
Disposals
1,073,758
31,373
17,040
32,209
4,350
232,910
1,374,227
21,390
At 31 March 2024
1073 758
232 910
1395 617
DEPRECIATION
At l Aprll 2023
Charge for year
Ellmlnated on dlsposal
331,172
21,475
16,911
2,336
27,645
1,337
173,047
22,652
552,752
47,800
At 31 March 2024
331172
NEf BOOK VALUE
At 31 March 2024
At 31 March 2023
742
B) THE CHARrrY
Freehold Improvements Fixtures aiid
property
to property
fltljngs
Motor
vehlcle$
Totsls
At l Aprll 2Q23
Additions
Dlsposals
At 31 March 2024
1,073,758
31,373
17,040
28,980
4,350
232,910
1,370,998
21,390
413
232
1393 388
DEPRECIATION
At l April 2023
Charge for year
El[mInat￿l on disposal
331,172
21,475
16,911
2,336
24,922
1,261
173,047
22,S52
550,029
47,725
At 31 March 2024
352 647
597 754
NET BOOKVALUE
At 31 March 2024
At 31 March 2023
Page 27

Remar Assoclatlon (UK)
Notes to the Flnandal Statements - contlnued
for the Year Ended 31 March 2024
13. TANGIBLE FIXED ASSETS- contlnued
Fixed assets, Induded In the atK)ve, whlch are held under hlre purchase contracts are as follows.,
Group and Charlty
Motor vehicles
COST
At l Aprll 2023
Additlans
Dlsposal
Transfer to Ownershlp
56,595
At 31 March 2024
DEPRECIATION
At l April 2023
Charge for year
EllIMinated on Disposal
Transfer to OWne￿hIp
46,347
10,248
56,595
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
14.
FIXED ASSET JNVEsfMENTS
Shares In group
undertakings
MARKET VALUE
At l April 2023 and 31 March 2024
NET BOOKVALUE
At 31 March 2024
At 31 March 2023
There were no Investment assets outside the UK.
The companvs investments at the balance sheet date In the share (2pltsl of companles Indude the follow]ng:
Remar UK Limlted (Reglstsred Number 02861819)
Registered offi￿. 845-847 High Road, Leytonstone, London Ell IHH
Nature of business.. Shops trading in the sale of furnlture
Page 28

Remar Assoclatlon (UK)
Notss to the Financial Statements - cOn￿nUed
for the Year Ended 31 March 2024
14.
FIXED ASSET INVESTMENTS - continued
Class of share:
2 Ordfi￿ry shares of £1 each
holding
loo
2024,
2023
Aggregate capltal and reserves
Proflt l (loss) for the year
3,691
3,767
Relevant flnanclal Informatlon regardlng Remar UK Llmlted Is as follows..
2024
2023
Turnover
Cost of Sales
Gross Profit
store Costs
Net (Loss)IProfit Before Taxation
Corporation Tax
Net Proflt After Taxatlon
Glft AEd dlstrlbutlons to Remar AssocSatlon (UK)
Net Ouffiow from Subsldlary
445,755
295 336
J.50,419
112 857
37,562
465,261
345 461
119,800
35,494
37,562
35,494
15. STOCKS
The Group
2024
The Charity
2023
2023
2024
Goods for R&sale
All stod< Is held for prlmary purpose trading.
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
The Group
2024
The Charlty
2024
2023
2023
Ambunts Owed by
Group Underta￿ng5
other Debtors
Prepayments
Trade Debtors
78,019
11,638
11,379
70,210
11,638
11,379
25,908
25,908
Page 29

Remar Assodats"on (UK)
Notes to the Flnanclal Statements - continued
for the Year Ended 31 March 2024
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
The Group
2024
The Charity
2024
2023
2023
Bank Loans and Overdrafts
Trade Creditors
Taxation and &clal Securlty
Obllgatlons Relatlng to Finance Leases
and Hlre Purchase Contracts
other Credltors and Accruals
24,250
78,388
29,971
21,900
84,559
8,668
14,970
18,746
9,913
4,882
5,496
5,496
CREDrroRS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Group and Charity
2024
2023
Amounts falllng due after one year".
Bank loans (see note 19)
Obligations Relallng to FInan￿. Leases and Hire Purchase (])ntrdtts
326,005
337,198
LOANS
Group and Charlty
2024
2023
An analysls of Lhe maturity of loans Is glven below:
Amounts falling due wlthln one year on demand..
Bank overdrafts
Bank loans
9,280
3,154
25
Amounts falling between one and t￿0 years..
Bank loans - 1-2 years
Amounts falllng due be￿een two and five years..
Bank loans 2-J years
Amounts falllng due In more than five years..
Repayable by Instalments:
Bank loans due in more than 5 years by instalment
Page 30

Remar Assoclatlon (UK)
Not&4 to the Financial Statements - continued
for the Year Ended 31 March 2024
20. LEASING AGREEMENTS
Group and Charlty
Hlre purchase contracts
2024
2023
Net obllgatlons repayable:
wthln one year
Between one and flve years
5,496
Minimum lease payments under nOn-Can￿lIable operatlng leases fall due as follows,.
2024
2023
withln one year
Between one and five years
More than flve years
49,400
84,633
166 433
21. SECURED DEBTS
The followlng *cured debts are included wlthln credltors:
2024
2023
Bank ovp.rdrafts
Bank loans
340 975
340 975
355 944
Bank loans and overérafts are secured agalnst the freehold property of the parent charitable company.
22. MOVEMENT IN FUNDS
Net
movement
in funds
At 1.4.23
At 31.3.24
Unrestricted funds
General fund
583,057
(30,358)
552,699
TOTAL FUNDS
583 057
30 358)
552 699
Page 31

Remar Association (UK)
Notes to the Financial Ststements - continued
for the Year Ended 31 March 2024
22.
MOVEMENT IN FUNDS. continued
Net movement In ftjnds, Included In the abjve are as follows:
Incoming
resources
Resources
expended
Movement
In funds
Unrestrlcted funds
General fund
912 165
TOTAL FUNDS
At 1.4.22
Net
movement
in fund5
At 31.3.23
Unrestricted funds
General fund
66
TOTAL FUNDS
s￿￿57
Incomlng
resources
Resour
éxpend
Movement
in funds
Unrestricted funds
General ￿nd
Restricted Fund
Lidl Community Kitchen fund
B & Q Foundation fund
910 766
989 110
5,500
5,500
TOTAL FUNDS
General fund represents the general ￿ndS of tharlty, whlch are not designed for partlcular purpo*s.
23.
Analysis of Group Net Assets
Between Funds
General Funds
Designated
Funds
Total
Fund Balan￿S at 31 March 2024 are
Represented by:"
Tanglble Flxed Assets
Current Assets
Current Llabllltfes
Long Term Llabllltles
795,065
295,480
(211,841)
326 005
795,065
295,480
(211,841)
326 005
Page 32

Remar Assoclatlon (UK)
Notes to the Hnanaal Ststements- continued
for the Year Ended 31 March 2024
24.
RELATED PARTY DISCLOSURES
During the trading year the trading subsidiary paid £21,000 (2023: £21,000) for the rental of warehouse spa
to a company, in which one of the trustees, Mr G Harvey, is a director. The company benefited from the rental
transaction, which was paid at less than the normal market rate.
The trading subsldlary pald for purchases and comrnlsslon amountlng to £76,949 (2023: £69,831) to another
relat& party subjett to Jolnt control or slgnlficant influence over the company. As at 31 March 2024 there
remaln& £59,811 (2023.. £84,559) due to thls othei. entity.
The tradI￿j subsldlary has not made any sales of goods to another related party subject to joint control or
slgnlflcant Influence over the company (2023.. £17,052),
During the year, the charlty has not recelved donatlons from Mr l Munt, the general manager of Remar A550aation
(UK) and a member of the key management personnel (2023: £6,083).
25.
EX-GRATXA PAYMENTS
No ex-gratia payments have been made in the cUr￿nt year (2023: £nil). The amount In the prlor year related
to risk management ServI￿S undertdken on behalf of the charlty.
26. OTHER FINANCIAL COMP41TMEwfs
At the year end the company has financlal commltrnents amountlng to £nil (2023: £nil).
27.
ULTIMATE CONTROLLING PARTY
The Trustees are responslble for the overall management and control of the Charity.
CONT￿NGENT ASSETS
The Charlty has been the reclplent of a legacy on the settEement of an estate. The estate has an esLlmaled
value to the tharlty of £203,207 followlng the settlement of any Ilabilitles. There Is a degree of Un￿rtaInty
whether the settlement of the estste will be subject to challenge whlch may Impart on the expected receipt and
valuatlon of the legacy for the charlty. Due to thls Un￿rtaInty, no pmvlsions for the asset has been ryiade within
the flnandal statements,
Page 33

Remar Association (UK)
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
INCOME AND ENDOWMEKrs
Donatlons and legacles
Donations
Government grants
other grants
55,355
73,176
11,005
15,500
other trading activlties
Shop income
837,044
836,840
Xnvestments
Rent re￿1V
750
750
Other Income
Insurantr dalm
Wayleave Income
8,011
Total Incomlng resources
EXPENDrruRE
Raising Funds
Fundraising Costs
Charltsble actlvltles
Food
Grants to InstituOons
38,735
57,060
59,976
91,770
Support costs
Management
Rates and water
Insuran
ght and heat
Telephone
Pestage and statlonery
Advertislng
Sundries
Repairs and ￿newaIS
Rent
Purchases and carriage
Commlsslon paid to Remar Spaln
Commission paid on ￿leS
Motor and travelllng
Legal fees
Depredation - Fr￿hold property
- Improvements to property
Fixtures and fitbngs
- Motor vehides
Carrled forward
Ig,935
35,465
43,629
9,852
1,307
29,251
31,034
32,613
11,040
499
74,842
169,886
254,894
15,676
15,689
88,978
1,335
29,763
150,455
317,679
12,690
10,745
105,826
4,615
21,475
1,973
21,475
2,336
1,337
778,452
792,384
Page 34

Remar Assoclatlon (UK)
Detslled Statement of Financial ActivFtI&8
for the Year Ended 31 March 2024
2024
2023
Management
Brought forward
Proflt on Disposal
Bank Interest and charges
Bank loan interest
Hire purchase
778,452
792,384
8,330
30,603
549
6,359
24,731
817
826 329
Govemance costs
Audltors, remuneration
Auditors, remuneration for non audlt work
28,794
26,535
Total resources expended
942,523
1,004,610
Net (expeiiditure)Ilncome
Page 35