# ## ## ||||Page| |---|---|---|---| |Legal and Administrative|information||| |Trustees'
Report|||2-15| |Independent
Auditors
Report|||16-1S| |Consolidated
Statement|of Financial|Activities|19-20| |Consolidated
Balance Sheet|||| |Cash Flow Statement|||22| |Notes to the Consolidated|Financial|Statements|23-31| ## ## |Trustees||||M McKay||||| |---|---|---|---|---|---|---|---|---| |||||M D Sindhunatha||||| |||||F M Pavao Martine||||| |||||G E Vottero||||| |||||M RShantz||||| |||||A M Cueva Batallas||||| |||||N YMcKelligan|Maiz|Appointed|1 September|2022| |||||'N Clarita||Appointed|1 September|2022| |||||N K Otfargeld||Appointed|1 September|2022| |Secretary|General|||T Perez Echeverria||||| |Company|Registration||Number|03672838||||| |Charity Registration||Number||1073308||||| |Principle|address|||MEA House||||| |||||Elllson Place||||| |||||Newcastle
upon|Tyne|||| |||||Tyne &Wear||||| |||||NE1 8XS||||| |Bankers||||Lloyds Bank pic||||| |||||102Grey Street||||| |||||Newcastle
upon|Tyne|||| |Auditors||||Robson Lsidler Accountants||Limited||| |||||Femwood House||||| |||||Fernwood Road||||| |||||Jesmond||||| |||||Newcastle
upon|Tyne NE2|1TJ||| |Solicitors||||Ward Hadaway||||| |||||Sandgate House||||| |||||102Quayside||||| |||||Newcastle
upon|Tyne|||| |||||Tyne &Wear||||| |||||NE1 3DX||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Tommaso
Nod ari, Chair|Tommaso
Nod ari, Chair|Term ends 31 August 2022| |---|---|---| |Candelaria
Lucero Dente, Vice Chair||Term ends 31 August 2022| |Karoline Serafin||Term ends 31 August 2022| |Francisco Pavao|Medins|Term ends 31 August 2023| |Marlien McKay||Term ends 31 August 2023| |Esti Sindhunatha||Term ends 31 August 2023| |Ana Maria Guava Batalles||Term ends 31 August 2024| |Mary Rae Shantz||Tenn ends 31 August 2024| |Grace Emerson|Vottero|Term ends 31 August 2024| ## |From
1 September|From
1 September|through|the end of2022, the Trustees have been as|follows:| |---|---|---|---|---| |Marlien McKay||||Term ends 31August 2023| |Estl Sindhunatha||||Term ends 31 August 2023| |Francisco Pavgo|Martine|||Term ends 31August 2023| |Ana Maria Cueva||Batallae||Term ends 31August 2024| |Mary Rae Shantz||||Term ends 31August 2024| |Grace Emerson|Vottero|||Term ends 31August 2024| |Nico le Offergeld||||Term ends 31 August 2025| |Yurek McKelhgan||Maiz||Term ends 31 August 2025| |Natasha
Ciarite||||Term ends 31 August 2025| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Designated|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||funds|funds|2022|2021| |||||Notes|6|5|6|F| |In
e and endowmen|||from:|||||| |Donations
and legacies||||2|9,142||9,142|42,486| |~Ch||||||||| |Fees froin National||Associations||3|1,976,981||1,976,981|251,091| |Other income|||||100||1DD|27,542| |Investment
income|||||49,991||49,991|104.215| |Total income|||||2,036,214||2,036,214|425,334| |~6||||||||| |Raising funds
C~h'
bl
tt t*||||4|6,652||6,652|8,820| |Charitable
activities||||5|1,668,495||1,668,495|679,203| |Total expenditure|||||1,675,147||1,675,147|688,023| |Net gains/(losses)|on investments||||(137,389)||(137,389)|56,973| |Net income/(expenditure)|||for the year||223,678||223,678|(2D5,718)| |Transfers
between||funds||||||| |Net movement
In|funds||||223,678||223,676|~205716,| |Reconciliation
of|funds|||||||| |Fund balances at 1||January|2022|19|1,016,024|42,146|1,058,170|1,263,886| |Fund balances
at||31 December 2022||19|1,239,702|42,146|1,281,848|1,058,17D| ## ## ## ||||||Unrestricted|Designated|Total| |---|---|---|---|---|---|---|---| ||||||funds|funda|2021| |||||Nates||8|| |Income
nd endowme|||rom:||||| |Donations
and legacies||||2|42,486||42,486| |Charitable
activities|||||||| |Fees from National||Associations||3|251,091||251,091| |Other income|||||27,542||27,542| |Investment
income|||||104,215||104,215| |Total Income|||||425,334||425,334| |~xendi~hrr|||||||| |Raising funds||||4|8,820||8,820| |~Ch
ti
hi|||||||| |Charitable
activities||||5|679,203||679,203| |Total expenditure|||||688,023||688,023| |Net gains/(losses)|on investments||||56,973||56,973| |Net income/(expenditure)|||for the year||(205,716)||(205,716)| |Transfers
between||funds|||||| |Net movement
in|funds||||~200,200||~205,716)| |Reconciliation
of|funds||||||| |Fund balances at 1||January|2021||1,221,740|42,146|1,263,886| |Fund balances
at|31 December 2021|||19|1,016,024|42,146|1,058,170| ## ## |||||||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021|2022|2021| ||||||||Notes|8|6|8|| |Fixed assets|||||||||||| |Tangible fixed assets|||||||11|2,802|4,250|2,802|4.250| |Investments|||||||12|||318,850|318,850| |||||||||2,802|4,250|321,652|323,10D| |Current assets|||||||||||| |Investments|||||||13|612,589|1,036,047||2D7,019| |Debtors|||||||14|361,653|7D,603|350,433|69,756| |Cash at bank|and||in|hand||||747,596|418,121|550,826|224,332| |||||||||1,721,838|1,526,771|901,259|501,107| |Creditors: amounts||||due|within|1 year|15|(31'i,481)|(330,511)|(517,284)|(414,612)| |Net current assets||||||||1,410,357|1,196,260|383,975|86,495| |Total assets|less||current||liabilities|||1,413,159|1,200,510|705,627|409,595| |Creditors: amounts||||due|in more than 1||||||| |year|||||||16|(32,500)|(43,333)|(32.500)|(43,333)| |Provisions for||liabilities|||||18|(98,811)|(99,0D7)||| |Net assets||||||||1,281,848|1,058,170|673,127|366,262| |Reserves|||||||||||| |~Ui
f||df:|||||||||| |General
fund|||||||19|1,239,702|1,016,D24|630,981|324,116| |Designated|funds||||||19|42,146|42,146|42,146|42,146| |Total reserves||||||||1,281,848|1,058,170|673,127|366,262| ## ## ## ||||||2022|2D21| |---|---|---|---|---|---|---| |Cash flows from operating
activities||||||| |Net cash provided
by (used
In) operating
Taxation|activities||||21,263
~27,338|(442.071)| |Cash fltwvs from investing
activities|||||(673)|(442,071)| |Dividends,
interest
and rents from investments
Purchase oftangible
fixed assets
Purchase
of Investments
Prooeeds
from sale of investments|||||49,991
(412)
(1,167,922)
1,455,991|104,215
(3,705)
(44,975)| |Net cash provided
by (used in) investing||activities|||337,648|55,535| |Cash flows from financing
actlvltfes||||||| |New loans
Repayment
of borrowings|||||~7.500|50,000| |Net cash used
In financing
activities|||||(7,500)|5D,OOD| |Net increase
In cash and cash equivalents|||||329,475|(336,636)| |Cash and cash equivalents
at the beginning|||ofthe|year|418,121|754,657| |Cash and cash equivalents
at the end|of|the|year||747,596|418,121| |Cash generated
from operations|||||2022|2021| ||||||E|| |Surplus/(deficit)
for the year|||||223,678|(205.716)| |Adjustments
for:||||||| |Depreciation
Investment
income
(Gains)/losses
on investments
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors
Cash generated
from/(absorbed
by) operations|||||1,860
(49,991)
137,389
(279,830)
~11,843
21,283|3,436
(104,215)
(56,973)
43.712
~122,375
~442 071| |Analysis
ofchanges
in net debt||||2022|Cash 6|31 Dec
2022| |||||5|5|| |Cash at bank and
in hand
Borrowings exduding
overdraRs||||418,121
50,000
368,121|329,475
~7,500
336,975|747,596
42,500
705,096| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donatio|ns|end legac|ies||| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||general|general| |||||2022|2021| |Donations||and gifts||827|71| |Grants||||8,315|42.415| |||||9,142|42,485| |Charitable||activities|||| |||||Fees from|Fees from| |||||National|National| |||||Associations|Associations| |||||2022|2021| |||||8|| |Chapter|fees|||21,444|28,302| |IVleinbershi||ps||2,436|2,786| |Activities|and insurance||receipts|1,908,142|220,003| |Penalty|payments|||44,959|| |||||1,976,981|251,091| ## ## ## |4.
Raising|funds|||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Unrestricted
Unrestricted| |---|---|---|---|---|---|---|---|---| ||||||||funds|funds| ||||||||general|general| ||||||||2022|2021| ||||||||8|| |Investment|managers|fees|||||6,652|8,820| ||||||||6,552|8,820| |||||||Charitable||Charitable| |5.
Charitable
activities|||||||activities|activities| ||||||||2022|2021| |Staff costs|||||||307.317|433,'l99| |Depreciation
Recruitment|and impairment
and other staff costs||||||1,860
28,345|3,436
10,302| |Premises expenses|||||||10,34'I|8.967| |Computer
and ITsupport|||||||64,637|48,553| |Telephone,|internet
and fax||||||1,172|3,022| |Printing
and
Professional|stationery
fees||||||203
4,497|3,621
6,411| |Insurances|||||||302,685|26,241| |Irrecoverable
VAT
Hosting fees|||||||7,610
925,478|1,716| |Bad debts written olf
Exchange rate differences|||||||(33,442)
('I0,716)|45,281| |Subsidiary
running
costs|||||||39,517|67,337| |||||||1,649,504||658,086| |Share of support costs (see note 6)
Share ofgovernance
costs (see note 6)|||||||13,191
5,800|18,317
2,800| |||||||1,568,495||579,203| |6.
Support|costs||Support
costs|Governance
costs|2022|Support
costs|Governance
costs|2021| ||||8|8|8|6||8| |Conferences
Audit fees|and meetings||6,898|5,800|6,898
5,800|18,317||18,317| |Independent|examiners|fees|||||2.800|2.800| |Sundry costs|||115||115|||| |Bank loan interest and||||||||| |charges|||6,178||6,178|||| ||||13,191|6,800|18,991|18,3'ly|2,800|21,117| ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||||K|| |Turnover||||||28,731|113,297| |Cost ofsales||||||(51,445)|(63,852)| |Investment
income||||||49,955|34,804| |Net income||||||27,241|84,249| |Taxation||||||'l6.412|(10,549)| |t/nreal teed gains/(losses)||||||(126,840)|26,919| |profit for the year||||||(83,187)|100,619| |The assets and liabilities|ofthe|subsidiary||were:|||| |Current assets
Current
liabilities||||||1,053,469
~(125,898|1, 'I 33,976
(123,218(| |Total net assets||||||927,571|1,010,758| |Aggregate share capital|and|reserves||||927,571|1,010,758| |Net income
/ expenditure|||||||| |The net incoming
resources|are stated after|||charging|||| |||||||Group|Group| |||||||2022|2021| |Audit fee||||||5,800|5,800| |Depreciation||||||1,860|1,860| |Operating
lease rentals||||||9,047|| |Employees|||||||| |||||||2022|2021| |||||||f|| |Wages and salaries||||||268,916|388,742| |Socia I security costs||||||14,189|38,367| |Pension costs||||||24,212|32,213| |||||||307,317|459,322| |Amount
paid to key management||totaled|F109,566(2021:f206,024)||||| |The number of employees|whose annual||remunerabon||was more than||| |f60,000 is as follows|||||||| |||||||2022|2021| |||||||No.|No,| |f60,000 —270,000|||||||| ## ## |9.|Employees|(continuesj|(continuesj||||| |---|---|---|---|---|---|---|---| ||The average|monthly|employees|during|the year was:||| |||||||2022|2021| |||||||No.|No.| ||Secretary|General|||||1| ||Fiscal Dtficer||||||| ||Administrative
statf|||||6|11| |||||||8|13| ## ## |Tangible fixed assets|||| |---|---|---|---| |Group and charity|Fixtures and|Office|Total| ||fittings|equipment|| ||E|8|| |Cost|||| |At 1 January
2022|24,302|48,263|72,565| |Additions||412|412| |At 31 Decembel' 2022|24,302|48,675|72,977| |Depreciation|||| |At 1 January
2022|22,737|45,578|68,315| |Charge for the year|273|1,587|1.860| |At 31 December 2022|23,010|47,185|70,175| |C&rryln9 amount|||| |At 31 December 2022|1,292|1,510|2,802| |At 31 December 2021|1,565|2,685|4,250| ## ## |Other investments
compromise|2D22
E|2021| |---|---|---| |Investment
in subsidiaries|318,850|318.850| ## ||Group
f|Charity| |---|---|---| |Cost or valuation||| |At 1 January 2022|'I,038,047|207,1019| |Additions|1,167,922|| |Dlsposa la
Unrealised
gains/(lasses)|(1.455,991)
~137,3997|(207,019)| |At 31 Deceinber 2022|612,589|| |Carrying
amount||| |At 31 December 2022|612,589|| |At 31 December 2021|1,038,047|207,019| ## |||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---| |||||2022|2021|2022|2021| |||||E|||| |Amounts|falling||due within one||||| |year:|||||||| |Trade debtors||||299,044|56,986|299,044|56,986| |Other debtors||||4,406|12,740|4,406|11,893| |Prepayments||and|accrued income|46,983|877|46,983|877| |||||350,433|70,6D3|350,433|69,756| |Deferred|tax|||'l1,220|||| |||||361,653|70,603|360,433|69,756| ## ## |||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---| |||||2022|2021|2022|2021| ||||||||5| ||Bank loans
Trade creditors|||10,000
153,592|6,667
153,006|10,000
153,592|6,687
153,006| ||Taxation and social security|||5,186|1,498|5,186|'l,498| ||Other creditors|||96,332|133,984|91,455|130,208| ||Amounts
owed to group undertakings|||||232,890|108,312| ||Accru ala and deferred|income||46.371|35,356|24,161|14,921| |||||3'l1,481|330,511|517,284|414,612| |16.|Creditors: amounts|faDing|due after 1 year||||| |||||Group|Group|Charfty|Charity| |||||2022|2021|2022|2021| ||||||8|E|| ||Bank loans|||32,5DO|43,333|32,50D|43,333| |||||32,500|43,333|32,500|43,333| |17,|Bank loans||||||| |||||||2D22|2021| ||Bankloans|||||42,500|50,DOO| ||Payable
within one year|||||1D,OOO|6,667| ||Payable after one year|||||32,500|43,333| |||||||42,500|50,000| |18.|Provisions for llabDities||||||| |||||||Group|Group| |||||||2022|2021| |||||||E|| ||Deferred tax liability||||||1D,716| ||Loss reserve provision|||||98,811|88,291| |||||||98,811|99,007| ||The charity has no provisions||for liabilities.||||| ## ## ## |||Balance at||||Gains|Balance at| |---|---|---|---|---|---|---|---| |Group||1 Jan 2022|Income|Expencfilture|Transfers|(losses)|1 Dec 2022| |||6|||6|6|6| |General fund|||||||| |Operating
fund||1,D16,024|2,036,214|(1.675,147)||(137,389)|1,239,702| |Designated
funds|||||||| |Global conference|fund|42,146|||||42,146| |Total unrestricted|funds|1,058,170|2,036,214|(1,675,147)||(137,369)|1.261,646| |||Balance at||||Gains|Balance at| |Charity||1Jan 2022|income|Expenditure|Transfers|(losses)|1 Dec2022| |||E|E|E||6|E| |General fund|||||||| |Operating
fund||324,116|1,986,223|(1,688,809)||(10,549)|630,981| |Designated
funds|||||||| |Global conference|fund|42,145|||||42,146| |Total unrestricted|funds|366,262|1,985,223|(1,666,609)||(10,549)|673,127| ## ## ##