PartnerAid PartnerAid UK registered as Partner Aid International (UK) (Charity Registration Number- 10151651 Trustees. Report and Flnanclal Statements For the year ended 31 December 2023 Contents Page Reference and Administrative Details Trustees, Report Independent Examiner's Report Statement of Financial Activity Balance Sheet Notes to the Financial Statements
Partner Aid International (UK) Reference and Administrative Details Charity Number 1015165 Trustees Mr Andrew Dimmock Mr Randall Lawler Mrs Jan Merrow-smith Mrs Elizabeth Fewkes Mrs Susie Kelsey Mr Neil Graham Treasurer Mr N Gracey Principal Address 43 Eaton Avenue High Wycombe Bucks HP12 3BS England Bankers The Co-operative Bank 1 Balloon Street Manchester Independent Examlner Mr T Brewer 51 Elmwood Crescent FIl1ck Bedfordshire MK45 1 LH Page I
Partner Aid International {UKI Trustees Report For thè year ended 31 December 2023 Structure, governance and management Partner Aid International {UK) is an unincorporated registered UK charity {No.1015165), governed by a Trust Deed. The name PartnerAid UK has been adopted for working purposes. The Charity is self-governing. It coordinates with a wider network of charities operating under the 'PartnerAi(J' n8me in other countries, including Switzerland and the Netherlands, which gives access to co-operative support and expertise when needed. The current Trustees are lisled on page 1. The Trustees have the power to elect new Trustees as required. Objectives and activities The Trustees wish lo thank the Irusts and individuals who have provided vital fundraising in support of PartnerAid UK during the past year. Trustees are pleased to confirm that all fundraising is done in compliance with best fundraising practice. During 2023 we did not employ any professional fundraisers. There were no complaints or criticisms during the year about our fundraising activities. The Charity's primary objective is to raise funds to support relief and development projects and continue to support projects in Burkina Faso, Chad, Ghana, Ethiopia, Pakistan, Lebanon and South Sudan. The Trustees seek to achieve this objective by raising funds to support reliable, experienced and committed local partner organisations. We look for cost-effeclive projects run by communily-based teams with whom we can maintain good communications and accounlabilily. By relying mainly on volunteers, the Charity's expenses are kept to a minimum, thus allowing maximum funds to be channelled into relief and development projects. Achlevement8 and p8rformance Total donations received or receivable were £59,008 in 2023 which showed an increase of £7,190 (increase in 2022 of£14,177). The Trustees have considered risks to which the Charity is exposed and in their opinion the established systems and procedures continue to afford adequate safeguard. Page 2
Partner Aid International {UK} Trustees Report (continued) For the year ended 31 December 2023 Financial review Donations received in 2023 were sufficient to continue funding ongoing long-term development projects. Funds at the year end of £43,067 (2022 £12.577) represented mainly cash held in a bank account prior lo distribution. The Trustees, policy is to send all specific donations to overseas projects as soon as these can be effectively used. Gifts awaiting remittance earn bank interest, which is added to the balances held for the related projects. At the year end, unrestricted funds were £13,258 (2022 £5,892} which are considered satisfactory. Statement of Trustee8' responsibilities Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity at the year end and of its incoming resources and resources expended during that year. In preparing those financial statements, the Trustees are required to.. (a) select suitable accounting policies and then apply them consistently, (b) make judgements and estimates that are reasonable and prudent. (c) slate whether accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial slatements, and (d) prepare the financial statements on a going concern basis, unless il is inappropriate to assume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy, at any lime, the financial position of the Charity and enable them to ensure that the financial statements comply with charity law. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Declaration The Trustees declare they have approved the above report. Signed on behalf of the Charity's Trustees By r)IMNAook- Dated.. I) L)Iq Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PARTNER AID INTERNATIONAL (UK I report to the charity trustees on my examination of the accounts of Partner Aid International {UK) {"Ihe Trust") for the year ended 31 December 2023 as set out on pages 5 to 9. Respective responsibilitles of Trustees and Examiner The charity's trustees 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 as carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)(b) of the Act. Indepondent examlner's statement I have completed my examination. I confirm that no malters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do nol accord with those records,. or 3. the accounts do not comply with the applicable requirements concerning the form and contenl of accounts set out in the Charities (Accounts and Report) Regulations 2008 other Ihan any requirement that the accounts give 'true and fair view, which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordance with the methods and principles of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in 8ccordance with Ihe Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 102) I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 51 Elmwood Crescent FIl1ck Bedfordshire MK45 1LH Dated.. 161612W Page 4
Partnèr Aid International IUK) statement of Financial Activitiés Year ended 31 Décember 2023 (Summary of Income and Expenditure) Restricted Unrestrictèd Funds Funds Total 2023 Total 2022 Note Incoming Rasourc88 Donations other Total Incoming R8sources 37,846 21,162 59,008 51.818 37,846 21,162 59,008 51,818 Resources Expended Cost of generating funds Charitable expenditure Projects and support Management and administration Totsl Resources Expanded 21,522 21,522 6,996 28,518 42,389 5,688 48,077 6,996 6,996 21.522 Net Incomlng Resourcas for the year 16,324 14,166 30,490 3.741 Transfers botweon Fund8 6,800 {6,800) Nat Movament In Fund8 23,124 7.366 30,490 3,741 Raconclllatlon of Funds Balances brought forward at 1 January 6,685 5,892 12,577 8,836 Balances carried forward at 31 December 29,809 13,258 43,067 12,577 The notes on pages 7 to 9 form part of these financial statements Page 5
Partner Aid International IUK), registered charity number 1015165 Balance Sheet At 31 December 2023 2023 2022 Note Current Assets Debtors Cash at bank and in hand 43,307 43,307 12,817 12,817 Current Liabilities Creditors falling due within one year 1240) (240) Net Assets 43,067 12,577 Represented by.. Income Funds Restricted funds General charitable funds Total Funds 29,809 13,258 43,067 6,685 5,892 12,577 The notes on pages 7 to 9 form part of these financial statements These financial statements have been approved by the Trustees and are signed on their behalf by.. Chairman Trustee Page 6
Partner Aid International (UK) Notes to the Financlal Statements Year ended 31 December 2023 1. Charity Information Partner Aid International {UKI is an unincorporated charitable trust registered with the Charity Commission for England and Wales. The registered office is 43 Eaton Avenue, High Wycombe, Bucks, HP12 3BS. 2. Basls of Preparation These accounls have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s} to these accounts and in accordance with the Charity SORP (FRS}, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and in accordance with the Charities Act 2011. The accounts present a true and fair view and the accounting policies adopted are those outlined in note 3. No changes to accounting policies and accounting estimates have taken place during the year. No material prior year errors have been identified in the year. The Trustees consider thal there are no material uncertainties about the charity's ability to function. All amounts shown in the financial statemenls are stated in Sterling which 15 the functional currency of the charity. Monetary amounts in these financial statement are rounded lo the nearest £. 3. Accounting Policles Incomlng Re80urces and Fund Accountlng Donations are credited in the statement of financial activities when received. Income received for specific restricted purpose as declared by the donor is credited to a separate restricted fund. Unrestricted funds are expendable at the Trustees, discretion in furtherance of the Charity's objectives. Re80urc68 Expended Resources expended are accounted for on an accruals basis. Expenditure is allocated in Ihe statement of financial activities beteen restricted and unrestricted funds and is further analysed beeen charitable expenditure and cost of generating funds. Charitable expenditure is analysed beeen Field Projects & Support and Management & Administration. 4. Contrlbutlon from Projects A proportion of Developing Country Projecl Income {not exceeding a maximum of 10 % of donations) was contributed in 2023 towards the Charity's support costs, including general publicity and administration. Any excess funds are allocated back to Projects at Ihe Trustees, discretion. 5. Dlrect Charitable Expendlture Projects & Support comprises gifts forwarded to Project teams. The Charity does not have any paid staff and instead uses expert consultants where possible. This enables maximum funds to be channelled overseas into relief and development projects. Trustees are not remunerated and are paid expenses for attending meelings and duties directly related to their duties as trustee. Mrs J Merrow-smith was paid £4,262 for consultancy fees during the year (2022.. £3,388). £24012022.. £240) has been provided for the independent examiner's fee in the 2023 accounts. Page 7
Partner Aid International {UKI Notes to the Flnancial Statemènts (continued) Year ended 31 December 2023 6. Analysis of Restricted Funds South Asia Mlddle East Africa Total For the year ended 31 Decembèr 2023 Incoming Rasources Donations Bank interest received Total Incoming Resources 15,846 6,000 16.000 37,846 15,846 6,000 16,000 37,846 Less: Charitable Expenditurè Field projects and support 10,522 1,000 10,000 21,522 Net Incoming Resources for the year 5.324 5,000 6,000 16,324 Transfers between Funds 4,000 400 2,400 6,800 Net Movement In Funds 9,324 5,400 8,400 23,124 Reconclliation of Fund8 Balances at 1 January 2023 6,616 69 6,685 Balances at 31 December 2023 15,940 5,400 8,469 29,809 All Transfers beeen Funds are eith8r into or from the General Fund lan Unrestricted Fund). South A81a Mlddle East For the year endèd 31 December 2022 Incoming Ro8ourc08 Donations Bank interest received Total Incoming Resources Afrlca Total 16,663 10,000 6.000 32,663 16.663 10,000 6,000 32,663 Les8: Charitable Expondlture Field projects and support 20,389 16,600 5,400 42,389 Not Incomlng Resource8 for the year (3,726) 16,6001 600 19,7261 Transfers b8tw8en Funds 4,386 6,600 -600 10,386 Net Mov8ment in Funds 660 660 Reconclllatlon of Funds Balances at 1 January 2022 5,956 89 6,025 Balances at 31 December 2022 6,616 69 6,685 7. Creditors falllng due within onè year 2022 2021 Accrued expenses 240 240 Page 8
Partner Aid Internatlonal (UK) Notes to the Flnancial Statements (contlnued} Year ended 31 December 2023 8. Statement of Flnancial Actlvlties For the year ended 31 December 2022 Restricted Unrestrlcted Funds Funds Total 2021 Note Incomlng Resources Donations Other Total Incomlng Resources 32,863 19,155 51,818 32,663 19,155 51,818 Resources Expended Cost of generating funds Charitable expenditure Projects and support Management and administration Total Resources Expended 42,389 42,389 5,688 48,077 5,688 5,688 42,389 Net Incomlng Resources for the year {9,7261 13,467 3,741 Transfers between Funds 10,386 (10,386) Not Movement In Funds 660 3,081 3,741 Reconclllatlon of Funds Balances brought forward at 1 January 6,025 2,811 8,836 Balances carried forward at 31 December 6,685 5,892 12,577 Page 9