PartnerAid PartnerAid UK registered as Partner Aid International {UK} (Charity Registration Number - 1015165) Trustees. Report and Financlal Statements For the year ended 31 December 2024 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 Truslees 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 38S England Bankers The Co-operative Bank 1 Balloon Street Manchester Independant Examlner Mr T Brew8r 51 Elmwood Crescent Flilwick Bedfordshire MK45 1LH Page I
Partner Aid International (UK) Trustees Report For the year ended 31 December 2024 Structure, governance and management Partner Aid International (UK) is an unincorporated registered UK charity INo.10151651, 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 'PartnerAid' name in other countries, including Switzerland and the Nelherlands. which gives access to co-operative support and expertise when needed. The Gurrent Trustees are listed on page 1. The Trustees have the power to elect new Trustees as required. Objectives and activitiès The Trustees wish to thank the trusts and individuals who have provided vital fundraising in supporl of PartnerAid UK durin9 the past year. Trustees are pleased to ¢onfirm that all fundraising is done in compliance with best fundraising pra¢li¢e. During 2024 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 lo raise funds lo support relief and development projects and continue to support projecls in Burkina Faso, Ch8d, Ghana, Ethiopia, Pakistan, Lebanon, Morocco and South Sudan. The Trustees seek to achieve this objective by raising funds to support reliable, experienced and committed local partner organisalions. We look for cosl-effective projects run by communily-based teams with whom we can maintain good communications and accountability. By r6 lying mainly on volunteers, the Charity's expenses are kept to a minimum, thus allowing maximum funds to be channelled into relief and development projects. Achlevements and performance Total donations received or receivable were £45,048 in 2024 which showed a decrease of £13,960 {increase in 2023 of £7,190). The Trustees have considered risks lo which the Charity is exposed and in their opinion the established systems and procedures continue lo afford adequate safeguard. Page 2
Partner Aid International (UK) Trustees Report {continuedl For the year ended 31 December 2024 Financial review Donations received in 2024 were sufficient lo continue funding ongoing long-term development projects. Funds al the year end of £13,426 {2023 £43,067) represented mainly cash held in a bank account prior to distribution. The Trustees, policy is lo send all specific donations lo 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 £3,97912023 £13.258) which are considered salisfaclory. Statement of Trustees, responsibilities Charity law requires the Trustees lo prepare financial slalements for each financial year which give a true and fair view of the state of affairs of the Charity al the year end and of ils incoming resources and resources expended during that year. In preparing those financial statements, the Trustees are required lo.. {al select suitable accounting policies and then apply them consistently, Ibl make judgements and estimates that are reasonable and prudent, Icl state whether accounting standards and slalemenls of recommended praclice hav8 b88n followed, subject lo any material departures disclosed and explained in the financial statements, and Idl prepare the financial statements on a going concern basis, unless it is inappropriate to assume that the charity will continue in businèss. 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 lo ensure that the financial statèmènts 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. Declaratlon The Trustees declare they have approved the above report, Signed on behalf of the Charity's Trustees By Mr A Dimmock Chairman Mrs J Merrow-smith Trustee Dated 1% T "Lr 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 IUKI I'the Trust"} for the year ended 31 December 2024 as set out on pages 5 to 9. Respective responsibilities 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 I'the Acl'}. 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 145{51{bl of the Act. Independent èxamln8r'8 Statement I have completed my examination. I confirm Ihat no matters 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 Ihe Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Report} Regulations 2008 other than any requirement that the accounts give a 'Irue and fair view, which is not a maller considered as parl 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 accordance with the 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 lo be reached. Mr T R Brewer 51 Elmwood Crescent FIl1ck Bedfordshiro MK45 1LH Dated 13J6 /2 Page 4
Partner Aid International {UK} Statement of Financial Activities Year ended 31 December 2024 (Summary of Income and Expenditure} Restricted Unrestrlcted Funds Funds Total 2024 Total 2023 Note Incoming Rosources Donations Other Total In¢omlng Resources 26,538 18,510 45,048 59,008 26,538 18,510 45,048 59,008 Resources Expended Cost of generating funds Charitable expenditure Projects and support Management and adminislralion Total Resources Expendod 67,549 67,549 7,140 74,689 21,522 6.996 28,518 7,140 7,140 67,549 Not Incomlng Resources for the year -41,011 11,370 -29,641 30,490 Transfors between Funds 20,649 -20.649 Net Movement In Funds -20.362 -9,279 -29,641 30,490 Roconclllatlon of Funds Balances brought forward at 1 January 29,809 13,258 43.067 12,577 Balances carried forward al 31 December 9,447 3,979 13,426 43,067 The notes on pages 7 10 9 form part of these financial statements Page 5
Partner Aid International (UK), registered Charity number 1015165 Balance Sheet At 31 December 2024 2024 2023 Note Current Assets Debtors Cash al bank and in hand 13,666 13,666 43,307 43,307 Current Liabilities Creditors falling due within one year (240) {240} Nel Assets 13,426 43,067 Represented by: Income Funds Restricted funds General charitable funds Total Funds 9,447 3,979 13,426 29,809 13,258 43,067 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.. Mr A Dimmock Chairman Mrs J Merrow-smith Trustee Dated 13 O+Jr 2ar PaEe 6
Partner Aid International (UK) Notes to the Financial Statements Year ended 31 December 2024 1. Charity Information Partner Aid International (UK} is an unincorporated charitable trust regislered with the Charity Commission for England and Wales. The registered office is 43 Eaton Avenue, High Wycombe, Bucks, HP12 3BS. 2. Basis of Preparation These accounts have been prepared under the historical cost convention with items recognised al cost or transaction value unless othetwise slated in the relevant nolels) to these accounts and in accordance with Ihe Charity SORP IFRSI, 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 that there are no material uncertainties about the charity's ability to function. All amounts shown in the financial slalements are slated in Sterling which is the functional currency of the charity. Monetary amounts in these financial slalement are rounded to the nearest £. 3. Accounting Policies Incoming Resources and Fund Accounting Donations are credited in the slalement of financial activities when received. Income received for a specific restricted purpose as declared by the donor is cr8diled lo a separate reslricled fund. Unrestricted funds are expendable at the Trustees, discretion in furtherance of the Charity's objectives. Resources Expended Resources expended are accounted for on an accruals basis. Expenditure is allocated in the statement of financial activities between reslricled and unrestricted funds and is further analysed between charitable expenditure and cost of generating funds. Charitable expenditure is analysed between Field Projects & Support and Management & Adminislralion. 4. Contributlon from Projects A proportion of Developing Country Project Income (not exceeding a maximum of 10 /0 of donations) was contributed in 2024 towards the Charity's support costs, including general publicity and administration. Any excess funds are allocated back lo Projects al the Trustees, discretion. 5. Dlrecl Charitable Exp8nditure Projects & Support comprises gifts forwarded to Projecl 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 meetings and duties directly related to their duties as Irustee. Mrs J Merrow-smith was paid £5,198 for consultancy fees during the year12023.. £4,262). £24012023: £2401 has been provided for the independent examiner's fee in the 2024 accounts. Page 7
Partner Aid International IUKI Notes to the Financial Statements (continued) Year ended 31 D¢c¢mb¢r 2024 6. Analysis of Re$tri¢ted Fund5 South Asia Middle East Africa Total For the year ended 31 December 2024 In¢oming Resources Donations Bank interest receiv9d Total Incoming Resources 6,538 9,500 10,500 26.538 6,538 9.500 10,500 26,538 Less: Charltable Expendlture Field projects and support 26,249 23,450 17,850 67,549 Net Incomlng Resources for the year 119,7101 {13,9501 17.3501 (41,010) Transfers botween Funds 12,849 8,550 -750 20,649 Net Movement In Funds {6,8621 -5.400 18,1001 {20,362} Reconciliation of Funds Balances at 1 January 2024 15,940 5,400 8,469 29,809 Balances at 31 December 2024 9,078 369 9,447 All Transfers beeen Funds are either into or from the General Fund lan Unreslricled Fund}. South Asla Mlddlo East For the year ond•d 31 December 2023 Incoming Resources Donations Bank interest received Total Incoming Resources Afrlca Total 15,846 6,000 16,000 37,846 15,846 6,000 16,000 37,846 Less: Charltable Expendlturo Field projects and support 10,522 1,000 10,000 21,522 Net Incomlng Resour¢os for thfy yoar 5,324 5,000 6,000 16,324 Transfers betwèèn Fund8 4,000 400 2,400 6,800 Net Movemont In Funds 9,324 5,400 8,400 23,124 Roconclllatlon of Funds Balances at 1 January 2023 6,616 6,685 Balances at 31 December 2023 15,940 5,400 8,469 29,809 7. Creditors falling dug within one year 2024 2023 Accfued expenses 240 240 Page 8
Partner Aid International IUKI Notes to the Financial Statements {¢ontinuedl Year ended 31 December 2024 8. Statement of Financial Activities For the year ended 31 December 2023 Restrlcted Unrestricted Funds Funds Total 2023 Note Incoming Resources Oonations Other Total Incoming Resources 37,846 21,162 59.008 37,846 21,162 59,008 Resource$ Expended Cost of generating funds Charitable expenditure Projects and support Management and adminislralion Total Resources Expended 21,522 21,522 6,996 28,518 6,996 6,996 21,522 Net Incomlng Resources for the year 16,324 14,166 30,490 Transffrrs between Funds 6,800 {6,8001 Not Movement In Funds 23,124 7,366 30,490 Reconciliation of Funds Balances brought forward al 1 January 6,685 5.892 12,577 Balances carried forward al 31 December 29,809 13,258 43,067 Page 9