LIFELINE HUMANITARIAN ORGANISATION OFFICERS AND PROFESSIONAL ADVISERS Year Ended 3tst December 2023 Page i Trustees and Dlrectors Mr L Vukovic Mr MJ Breen Company Secretary Mrs P H Fisher Registered and Principal office l The Grange Grange Avenue London N208AB Independent Examlner M. Novakovlc Novakovic & Co 27 St.Cuthberts Street Bedford MK40 3JG
LIFELINE HUMANITARIAN ORGANISATION DIRECTORS, AND TRUSTEES, ANNUALREPQRT Year Inded 3tst December 2023 PaBe 2 The dlrectors and trustees have pleasure In presen11 thelr ieport and tl financial statements of the charlty for the year ended 31 Dember 2023. AI trustees of the charlly are dlre¢tors of tlie company. The dlrectots and trustee5 have adopted the provislons of the Statement of Recommended Practlce (SORPI "AccountlnB & Reportlng by Charllies. (FR51021 In preparlng the annual report and financlal statements of the charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The dwrity was incorporated as a tompany Ilmfted by guarantee on 22nd June 1993 an.d the actlvities are Eovemed by Its Memorandum and Artlcles of Assoclatton. It Is re8lstered as a charlty wlth the Charlty Commisslon. Organlsatlonal structure ahd mana8èment The dlrectors and trustees be appointed by l)oth tlie existlng dlrectors and ttee$ or at a general meetlng. There Is no other person or body of persons entltled to 8ppolnt one or more charlly trustees other than exlstlng triistees. The charlty Is admlntstered by the Board and supported a number of voluntsers All trustees of the thaTIty are al¥0 dlrector& The dlrectors and trustees who served the chaiity dur1 the year to the date of thts report were as follows; Mt R H Valentlne- Reslgned 31" Juty 2023 Mr L Vukovic Mr M J Breen-Appointed 220d Detember 2022 The ch4rlty Is rnanaged by the trustees who liatse on a regular basls to make dectslons. Reloted partles The charity, whose patron ts HRH Crown Prln(pss Katherfne: made payments of £3.448 P022.. £NII) to The Foundallon of HRH clown Prlno5s Katherlne In Beade In Serbia but Is Independent of thls body, This payment was to assist l¥lth the purthase 9f equipment detecting breast f4ncer. Rlsk Management The trustees are iesponslble for ktentlfylnE the major rlsks to whlch the Charlty Is exposed and ensurin8that steps are taken to manage those rlsks. Conlllrt of Interest pollry The charity has a confll¢t of Interest policythat predudesany trustee benefitti from a finandal galn arislng from any a¢tfvity of the tharlty.
LIFELINE HUMANITARIAN ORGANISATION DIRECTORS, AND TRUSTEES, ANNUAL REPORT (continued) Page 3 Year Ended 31st December 2023 OBJECTIVES AND ACTIVITIES Objectlves Under the objects of the company the charfty was set up to provide relief supplles In any area, gIOn or country In the world for persons and In partlcular chlldren, who are sufferin8 1)ardshlp or distress by reason of thelr lad( of food, clothln& shelter or medical supplies of all kinds elther by dlrect action or by supporling other charltles whlth afe re8tstered in England and Wale5 Qr organ15atlons whlch have charltable purposes In accordance with the law in England and Wale ThE£harity's objectlves dtd not thange in the year. Flnandal revlÈw, actlvltle5 and athleveménts Durlng the year there wete one major aclivlty was Ihe holding of a gala dlnner to raise funds. The tharftvs net Outgo1 resouKes frir the yearwere £1297> (2022., net outgolng resotsfos (E1631. At 31st Detembet 2023 unrestrlcted resee$ were £1486 {2022: £4A831 The Trustees conslderthat the finanthl posltlon and reserves of the charlty are 4tlsfactoty. Reserves poIIcy The Charfty's Trustees have detemilned that resenves may be maintained at a low level whltst stlll enabll the charlty to meet effeCtIve the needs deslgnated by Its trusts. This polkY.11 be revlewed should . OV@rheads Increase to a materlal Èxtent.In the future. Pub15c benefft The Charlty¥ Trustees have complled wlth thelr duty under Section 17(5) of the 2011 Charltle5 Act to have dtje rega.rd to 8uldance publlshed by the Charfties Commlsslon wkn revIewid the Trust's alms and obJectives and In plannlng future acttvltle5 whether In the nature of Incomirbg or outgolng resources. INDEPENDENT EXAMINER A resolutlon to re-app¢Jlnt Novakovlc & Co as Independent Examlner for the ensulng year WNI be proposed at the annual general m¢etyng in accordante wlth le8islation.
LIFELINE HUMANITARIAN ORGANISATION DIRECTORS, AND TRUSTEES, ANNUAL REPORT Year Ended 31st December 2023 Pa&e 4 STATEMENT OF RESPONSIBILITIES OF THE DIRECTOIts AND TRUSTEE5 The dlrectffj are reSp(SIble for preparth8 Ihe Rep(t of the Dlreth)rs and thefin••I ststements In actordanowlth appllcable law and regulati(v. Comparylaw requlres thedwectows to prepare financialslatements foreach fh)onclal year. Underthal law the dlrectors have elected to wepare the finanddstatements In accordan wlth Urdted Khydom Generally Ac£epted Accountlng Practlce (Unlted Kln8dom Accountln8 Slandar¢ts and appllcable law). Undff company law the dlrectors miist not approve the flnanclal statements unless they are satlsfled that they a irue and falr vlwi of the state of affalrs of the compony of the proflt or loss of the company for that pwlod. In preparKig these tinandal ststements, tlie 'dtrectors are requlred to: selertsultable aecountlng Polkles and then apptythem con$15tently: observethe thhod5 and wlndples In the Charftles SORP: make Jud8einents and accounutw estlmate5 that aré reasonable and pnthL state whether appllcable UK accounling standw<ts have been foll(Iw& sublert to any materlal departure5 d15dosed and explalned In the finandal statements: prepare the flnanclal statements ¢)n the golng contn basts unlety It Is Inapproprlate to yesume that the ¢ompahy wlll contlnue In ljuslnes& The dlrectors are respons5ble for keeplng adequate accountby records that are sufficknl to sh)w and explaln the companV$ tran5aillorts and dlsdose wlth r$Dab1e accwacy al ary lkne the flnanclal posltlon of the compafty and enable them to ensure that the finandal statthiehts umply with the Conwanies Act 2006. They are atso responsible lor safeguar<Mng the assets of the company and he for tskkn8 reasonalAe step5 for1 pre¥endon and delectlon OF fraud and other Irregularltie5. Each of the dIrect5 has conflrmed that there Is Thts Infomiauon of whlth they *e aware wNth Is relevant to the IndÉpendent examlnètton, but of whith the Examlner ts unaware. They have furlher confirmed that they have tsken approprlate steps to Ideniify suth ielevant Informatlon and to estsblish thal the Examlner Is awareof Such Informatlon. SMALL COMPANY PROVISIONS Ihls report has been prepared In accordanTr wtth the speclal prov1$k$ of Part IS of the Comimnles Act 2006 rdatlng to small companle& Reglstered Of. l The Grange Grange Avenue London N20 8A8 cTrPany regtratIA)n no: 2829053 Reglstered Charlty no: 1027278 Approved by the Dlre¢tors and Truslee5 on yAseptember 2024 and sIBMd on thelr behalf.. Mr L Vulovk Dkector and TNsteo
'LIFELINE HUMANITARIAN ORGANISATION Page 5 Company registratlon no.2829053 Chartty No. 1027278 INDEPENDENT EXAMINERS REPORT Year Ended 31st December 2023 I report on the accounts of the companyfor the year ended 3tst December 2023. which are set out on page5 6 to 12. Respectlve respon51bllltle5 of trtee$ and examlner The Trustees {who are also directors of the company for the purpose5 of company law) are responslble for the preparatSon of the acccunts, The trustees conslder that an audit ts not required for thls year under sectlon 144 of the tharltles Act 2011 (the 2011 Act) and that an Independent examination Is needed. Havlng sattsfied myself that the charity 15 notsubject to audit under company law and is eliglble for independent examlnatlon. It Is my responslbllity to: examlne the accounts under section 145 of the 2011 Act to follow the procedures laid down in the General Dlrectlon5 8Nen by the Charity Commission under section 145{5)(b) of the 2011 Act. and to state whether partlcular matters have come to my attentlon. Basis of Independent &xaminels report My examination was carrled out in accoTdance wlth the General Dlrectlons given by the Charity Commlsslon. An examlnatlon includes a review of the accounting records kept by the charity and a comparison of the accounts presented wlth those records. It also indudes conslderation of any unusual Item5 or disclosures In the accounts, and seeking explanation5 from you as trustees concemlng any such matters. The procedure5 undertaken do not provide all the evidence that would be required In an audit, and consequently no oplnkNJ is given as to whether the accounts present a 'true and falr vlew, and the report is limlted to those matters set out in the statement below. Independent examlnerfs statsment In connectlon with my examination. no matter ha5 come to my attention to Indlcate that: accounting records have not been kept in aC£Ordan with section 386 of the Companies Ad 21. the accounts do not accord wlth sud) recor(ts,. where accounts are prepared on an accruals basis. whether they fall to comply wlth relevant accounting requlrements under sectlon 396 of the Companie5 Art 2006, or are not consistent with The Charities SORP IFRS 102) any matter whith the examiner belleves should be drawn to the attentlon of the reader to gain a proper understandlng of the accounts. M.Novakovlc Novakovic & Co 27 St. Cuthberts Street Bedford MK40 3JG 2. September 2024
Ll.Ff-LINE HUMANITARIAN ORGANISATION STATEMENT OF FIt4ANaAL ACTIVITIES (INCWDING AN INCOME ANP EXPENDITURE ACCOUNn Year End 31st December 2023 Page 6 Unrestricted restrlctod 2023 2023 Total 2023 Total 2022 Notes Income and Endowments from: Donat10 and le8acles Other trading acttvlt5es NIL 63,703 6,0(Y) 63,703 NIL NIL NIL Total Gross Ineome 6,000 63,703 69,705 NIL Expendlture oni Raisln8 funds Charitable actfvitles TotBI expendltiirè 740 3,448 4.188 34,168 34,344 68,512 163 37.792 72,700 NIL 163 Nat Income/{expendlture) for year Transfer bétwéen fndS Net movement in funds tor the year 1,812 14,809} 12,997 {4,809) 4,809 NIL (2,997) (163) 12.997) 1631 Recontlllatlon of funds Total funds Iwou8htfopwaYd IstJ4nuary 2023 4A83 NIL 4,483 4,646 Total funds forward 31s¢ Dernbet 2023 1,486 NIL 1.486 4,483 The statement of finandal aclfvitles Includes all 8alns and losses In the year. All Incomln8 resoue$ and resources expended deri from contlnuin8 acttvStte& The notes on pages 8 to 12 fomi part of these finanrial ststements.
LIFELINE HUMANITARIAN ORGANISATION Page 7 BALANCE SHEET Year Endeil 3tst December 2023 2022 Notes CURRENT ASSErs Cash at bank and In hand 456 Total curienl assets CREDITORS: Amounts fallln8 due withln one year 36h56 34P70 1,320 Net current assets 1,486 TOTAL ASSETS LESS CURRENT LIABILITIES 1.486 4.483 FUNDS Uhr8slrl¢ted Restrlcted io io 4A83 NIL NIL Totsl charlty lunds 4.483 The company Is enutled to exemptlon from audlt underSectk)n 477 of the compa Act 2006 relalln8 to small companles for the year &Mled 3tst Decembw 2023. The methbers have not requlred the company to obtaln èn audltof Its flnandal statements for the ended 31st December 2022 In accordan with Sectlon 476 ofihe CompanlesAct2006. The dlrectors athiowled8ethelr Te5pon51bllltles for cfjmpiwngwlth the Tequlrements ofthe Cothpanles Act wlth respectto acwunthg rptords and the preparatlonofaccount& These ac¢A)unls have been prepared In actordante wlth the provl4ons apable to small companles sUbrt to the snTrll MpanIS re8lme and kn attordahce wlth FRS 102 SORP. These flnaftdai statements wre awoved by Dlreckns TNste& on september 2024 And slgned on thelr behalfty.. Mr Lvukovk Th•ncthokn pw$81ty121orm w1¢f*sefmhthlslail
LIFELINE HUMANITARIAN ORGANISATION NOTES TO THE FINANCIAL STATEMENTS Year Ended 31st December 2023 Page 8 I. ACCOUNTING POLICIES The princlpal accountlng polides are summarised below.The accountlng pollcies have been applied conslstei)tly throughout the year and In the precedlng year. (a) Basls ol accountlng The financlal 5taternents have been prepared under the hislorlcal cost conventlon. The finandal statements of the charltable company, whlch is a public beneflt entlty under FRS102, have been piepared In accordance wlth Accounting and Reportlng by Charities.. Statement of Recommended Practlce applicable to ch8rllie5 preparfhg their ac¢ounts In ae£ordance with the .Flnandal Reporting Standard 102 {effectfve Istjattuary 2015) Yhe_ Flnandal Report[ standard appllcable In the UK and Republlc of Ireland, and the Companies Act 2(KJ6 together wlth the Charltles Act 2011 and applltable regulations. Assets and liabilltles ar¢ Inltlally recogntsed at hlstorkal cost or trdnsactton value unless otheSe stated In the rélevant accountlng pollcy notes. The dlreaors conslderthaithere are no materfaluncertalntles about the charity's ablllty to contlnue as 8 Bolng concern. Reconciliatton wSth previous Generally ACpted Accountlng Practi. In preparln8 these a¢counts the Dlrectors liave con51dered whether in apptylng the accountlngpollcles requlred by FRS102 and the Charltles 50RP FRSI 02 the restatement of comparatfve Items was required. No restatements were requlred. Ib) Fund a¢countlng. Unrestrkted ftsnds are available for u5P Ot the diKretion of the trustees in furtherance of the general objective5 of the charlty. Unre5trictsd ftinds comprtse of the chatltys General Fund. Restricted funds are subjec.ted to restrictions on thelr expendlture by the donor. (c) Donatlons received Donatlons are recognised as Income when the fetslpt Is probable. Where donatlons are recefvtd spe¢iftcall¥ relatlog to thetharity's administrative costsontythat part of the donation whith mat¢he5 the costs Is recognised as an Incomlng resour. Id) Donatlohs In klnd Donations. In klnd are Ilded wlthln these accounts at a frdlr value Dn receipt to the charlty as asrtained by the dlrectots and trustees. Where glfts are donated In fundralslng events the Inct)me generated Is recognlsed In the financial statements. (e) Charltable projecl ald donatlons expenditure The liability for donatlons expendlture is recognlsed when the trustees authorfse expendlture.
LIFEUNE HUMANITARIAN ORGANISAMON NOTES TO TFIE FINANCIAL STATEMENTS (contlnued) Year End 31st DeInher 2023 Page 9 If) Othér expendlture Expendlturè ts re¢ognised once there Is a le7 or construcVe obllBatlon to make a payment to a thlrd party, it1$ pr.ob?ble that settlement wlll be required and the amount of the oblE8atlon can be mèa5wed rellably. Support Costs are those functlons that asslst the Wofk of the tharity but da not directty undertake charltable actlvitle& Support costs Include offio costs, finan cosls and governance costs. These costs are£llocated between the cost of raing funds and expenditure on challtable actlvltle& Expehdlture on charltable actlvltles comprises those costs Incurred by the tharity to further the piwposes of thecharity and thelr associated support costs. Govèrnahce costs comprtse all costs Involvlng the p(liC accountablllty of the charity and Its compllance with règulatlons and good practice. (g) Ill)1g re4ourees Incoming resoutw a recognlsed In the perlod In whlch the tharityls entltled to thelr reIpt and the amount can be measured wlth reasonable accuracy. Ih) Forel8n curreneles Assets and Ilabllitles in foréign cutsencies are tranfjlated Into Stsrlin8 at the rate of exchange rulins at the balance sheet date: Transactions lrt foreO8n eurrenty are trahslated into sterHnE at the rote of exchange rullng at the date of thetraiisgctlon. Exchange differen a taken into attount In arrivlng at the operatln8 Income. 2. Income from donatlon5 ahd lega¢le5 nStrIcted funds total 2022 Unrestricted re5trict¢d funds fiJnd5 2023 2023 Total Donatlon5 Geneiol NIL 6,000 NIL 3.Income from oth•rtYadln8 actlvltles restrlcted Unrestrfcted restrlrted fu15 funds 202> 2023 Total 2023 totsl 2022 Furtd ralslng- Dlnner NIL 63.703 63,703 NIL
LIFELINE HUMANITARIAN ORGANISATION NOTES TO THC FINANCIAL STAI'EMENTS {contlnued) Year Ei)d 31st December 2023 Page 10 4. Costof Ral8ln8 funds Unrestricted Restricted funds funds 2023 2023 Total 2023 Total 2022 Offlee cods Pastè8e and Stallonery12022: AU UnresttkI Motor and tthel costs 140 NIL NIL. NIL 140 163 NIL NIL NIL NIL 740 740 163 All of the twstees. dOat* their time for free for the 0anl5ath's work and actMUe& No valuÈ has keen placed on these 8lfte.ln klnd In these acc1$ slrKe the value cannot be rellably Ealculated 5. ExpÈndlture on chayhablè arti¢5 Unrestrlcted Restricted funds funds 2023 2023 Tot81 2023 Total 2022 Provlslon of charltable servlces PK foundatlon Medlcal equipment lor Serbla 3,448 NIL NIL 34,344 3A48 34,344 3,448 34,344 37.792 NIL NIL NIL Governante oosts 6. Employee costs No remuneratlon or beneflts were pald durlng the year to the trusteeswho are dlrertors (2022: £nll). There are no other employees. Durlng the year ÈNII (2022,. £Nil) was relmknursed to the dlrectors. The value of servlces provlded by volunteers is not Ineorporatèd Into these financlal statements slnce the value cannot be reliably cakulated.
LIFEI.INE HUMANITARIAN ORGANISATION NOTtS TO THF FINANCIAL STATEMENTS (contIn() Year End 31st December2023 Page 11 7. Taxation A5 a ¢harflyJ Lifelliie Humanltsrlan OrganEsallon Is exempt from on Income and InS falllnB wlthln sectlon 505 of the TaxesAct 1988 or $256 of the Taxatlon ofthargeable Galfts kt 1992 to the exientthal these arè appl1 to115 charltable objects. No tax charges ha¥e arlsen In the Charltv. 8, Credltors: Amounts falllng due within one year 2023 2022 Accruals 34,970 1,320 9. Analysis of nÈt assets between funds UnrestrFcted restrlcted Funds Funds 36,456 NIL -34970 NIL IA86 Total Funds 36.456 -34970 IA86 Cash at bank Uther net current assetsl(liabllltEe5) Total 10. Mtivemeht In Funds Balante ot 1st Jan 2023 Incomlng Resources Outgolng Transfers Resources Balance at 31s1 De 2023 Unrestrlcted Fuhds: Genero1 Funds 4.483 14,809 1,486 Reslrlcted Funds: Medlcal Equlpment NIL 63,703 68.512 NIL 4.483 69,703 72,700 1.,486 The purpose ofTestrkted lun(k Igto purchase medltal eqiApmelrt arKI prOe humanliarian ald where needed.
LIFEI.INE HUMANITARIAf4 ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (coiitlnued) Year ended 3151 December 2023 Page 12 11. Company limited by guarantee The charity Is Ilmlted by guarantee and has no share capital. Each member has agreed to cantribute the sum of £1 In the event of the company belngwound up. The members of the company are the Trustees and Directors named on page 2. 12. Flnanclal Commltments At 31st December 2023 there were commltments of £Nil In respect of authorlsed but unpald donatlon expendAture (2022: £NII) 13. Related party transartlons HRH Crown Prlncess Katherlne of Serbla patron and fourtder of Llfelitse Humartltarlan Organlsatlon In the UK is also patron of The Foundatlon of HRH Crowh Prlncess KatherSne based In Belgrade In Serbla. NO payments were made to The Foundatlon In the current year {2022.. NIL), The Trustees have no flnandal Interests In the tharttvs results or asset& 14. Ultlmate controlllng party The charlty Is ultlmately cfjntrolled by the Board of Trustees who are also the Company's dlrector5.