INTERNATIONAL AID TRUST
FINANCIAL STATEMENTS
31 DECEMBER 2023
Company Registrailon Number 04167908
Charity Number 1086597

INTERNATIONAL AID TRUST
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
Contsnts
Pages
Trustees, Annual Report
1-11
Reference & Administrative Informatlon
12
Independent Audltor's Report
13- 19
ststement Of Financial Actlvltles
20
Balance Sheet
21
Staternent of Cash Flows
22
Notes Forming Part Of The Financial Statements
23-34

INTERNATIONAL AID TRUST
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
The Truslees, who are also Directors of Ihe Charity for the purposes of the Companies Act
2006, present their ￿port with the financial statements of the Charity for the year ended 31
December 2023.
OBJECTIVES AND ACTIVITIES
International Aid Trust is a Christian Humanitarian Aid Charity, which has evolved slnce 1991
when a small group of Christians started to take Bibles and aid to the fonner USSR. It is an
independent organisation initially constituted as an unincorporated Charity {1996) and
subsequenlly as a Company Limited by Guarantee (2001). The goveming document defines
our objectives as:
The relief of persons who are in conditions of need, hardship or distress and who are
aged or sick and in particular by Ihe supply of financial material and medical aid and
by the provision of personnel to provide assistance.
The advancement of the Christian faith.
The Trustees have had regard to the Charity Commission's guidance on public benefit. Our
strap line "Chrlstian Compassion for a Hurling World. describes every aspecl of our ministry
and drives the way in which we seek to provide public benefit in every area in which we work.
Intemational Aid Trust provides direct financial and in-kind relief; but our aim is to pursue
projects which facilitate self-help and sustainable improvements to qualty of lrfe in order to
break the chain of being bom into poverty. We do this by modelling the practical and spiritual
Gospel of Jesus Christ Ihrough:
Providing lrfe's basic essentials for those with nothing.
Providing respite holidays for needy children, including Christian teaching, medical
checks and treatment, physical exercise, good fun and motivation to build their hope
for a better future.
Providing direct financial aid for basic food, shelter and medical needs to individuals
and families in extreme poverty.
Providing and supporting foster homes for small groups of rescued homeless children
where they can be cared for and taught life skills in a Christian environment.
Shlpment of humanitsrian aid to communities, hospitals and individuals in many parts
of the world.
Vocational training via self-help projects.
Evangelism and Church-Planting.
Practical help through gifts in kind to needy families and individuals in the UK.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
ACHIEVEMENTS AND PERFORMANCE
UK - Retail
For a Charity which has traditionally sought to fund about 80% of its work from funds
raised by our Charity Shops, the last three years before this have been extremely
challenging. However. 2023 has seen a positive difference in retaiL income. We have
reduced our dependency on our retail operation, retaining only those shops that were
most successful in seNing the objectives of the Charity.
Our Retail Manager has continued to work with our 11 shops to optimise their
performance, with an improved profitability showing from as far back as 2021.
Since July 2021, we have employed an ecommerce Manager. Our Charity Shop8 pass
to him donated items which are unusual or potentiallyvaluable and he has been able to
raise funds through saLes on eBay and Etsy at a profitability which exceeds that of most
of our high street Charity Shops. This has continued to grow through 2023.
UK- Warehousing
In October 2022, we moved to a temporarywarehouse in Hesketh Bank Nr Southport on
a three-year peppercorn rent through friends of ourfounder.
We are in discussions with them regardinga permanent site in Tarleton just 3.5 miles
awayfrom our present site. They have gone the extra mile in helping us and thank God
fortheir kindness.
Since the Russian invasion in February 2022, we have seen an increase in the number of
volunteers and peopLe donating aid. This has continued throughout 2023 and so we
have been able to pack and load over 198 tons of high-quality humanitarian aid with a
vaLue of over£4 Million.
Overseas
This is our 32nd year anniversary and the Ukraine Crisis has taken up the majorityof the
charity's time & effort8 during 2023

INTERNATIONAL AID TRUST
TRUSTEES. ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Ukraine
A great big thank you to the people of Lancashire for over £3.8 million pounds worth of
aid sent to Ukraine through the Trust. We have been working in Ukraine since 1991.
thirty-two years. and we are ideally placed to support peopLe whose lives have been
devastated by the war. We have been overwhelmed bythe generosity of local people.
As soon as the Ukraine EmergencyAppealwas launched. financial donations and
practical aid poured in. Hundreds of people kindly volunteered their time, and churche8
and Rotary clubs set up collection points across the county.
Letter of thanks from Founder Rev Bernard Cocker:
"Dear friends thank you for your amazing efforts following the invasion on 24 February
2022. The generosity of Lancashire people never ceases to amaze us, and despite the
war going on you have come up with the goods once again. With your help we have been
abLe to source, gather, sort, pack, and deliver £13 milLion worth of Life saving aid to the
victims of this atrocity. So many lives have been saved because you care and trust us
with your support.
We have worked in Ukraine since the charity began in 1991 and have been blessed to
retain local staff there who were ready to lead teams from our warehouse in Kiev.
delivering your aid to the hardest hit areas in many parts of the country. And it is making
such a huge difference. When the invasion began, none of our staff or volunteers fled
but stayed behind to help the needy. It onlytakes 4-5 days for the aid leaving our
warehouse to arrive in Kiev.
Some of our projects there have been destroyed. such as our children's camps, but
until this invasion has been defeated, we will continue to stand with Ukraine and then
going fonNard we wilL help with the rebuilding. Russia has continued to bomb civiLian
centres, hospitals and education infrastructure, but it does not dampen the spirit of the
Ukrainians. Please remember that we still need slL the things that you and I take for
granted, and we need volunteers in all areas of ourwork, and funding to keep keeping
the aid going. PLease, please keep supporting our efforts. God bLess you all and thank
you once again.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Moldova
A tremendous ministry continues here amongst Some of the very poorest people in
Europe and is led by Pastorvictorwho ha8 9 villages with churches in his care.
Pastorvictor is now International Aid Trust Director in Moldova where the trust is now
registered. The aid we send has made a huge difference to these struggling families and
we hope to increase the help we provide through Rose Foulds, a Trustee and one of our
volunteer coordinators. who looks after Moldova for the Trust. Moldova and the other
countries bordering Ukraine have taken in literariLy millions of refugees from Ukraine, so
our aid continues to be shared between refugees on this ongoing ministry amongst
these nations. I can only see this Moldovan ministry continuing to thrive under Pastor
Victors leadership.
Romania
Our close partnership with Prison FeLlowship Romania, who work with some of poorest
in the Transylvania region and other parts of the country, 18 improving lives in so many
ways: health care. education and general living conditions. We don't just help
materially but also by encouraging recipient8 to take control of their own futures by self-
determination and having pride and respect in their neighbourhood and nation. We
have provided much-needed equipment, food, clothing, medicaL supplies, furniture.
educational material and children's toys. So much is being achieved through this
ministry and we see real tangible improvements each time we visit that encourages us
to want to do more. It's a wonderfuL and effective ministry that we shall try our best to
continue to support. Romania has also taken thousands of refugees, so aid has been
sent in addition to support them.
India
The ministry here has grown exponentially and now there are close to 200 churches
underthe leadership of Bishop Kota who we have worked with for 15 years.
Due to the growth. help has been sought from other sponsors in the U.K., Europe, and
USA. There was a huge success with substantiaLfunding being found. After meeting
with Bishop Kota. myself. together with Paul Cook, Trustee. and Philip Walker. the
decision was taken to set the Indian ministry free of our oversight and funding. We took
into consideration our workload in other parts and the decision was taken after much
prayer and meetings. We continued to fund the projects here until the end of March
2024.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Slerra Leone
We completed the buiLding of our New Hope Academy in Novemberthis yearthank8to
the tremendous support of the main sponsor GBAtogetherwith churches, individuals.
and foundational support.
The academy was off iciaLly opened in late November with the Deputy Education
Minister and other government officials taking part. We also had the presence of two
GBA directors taking part, brothers David & PauL Birkbeck. Also, Paul Cook Trustee and I
took part. AwonderfuL event
We have years 7 & 8 students here. ourfirst and second intake of our primary children
into high school education. Year eight had their year seven education in our Emmanuel
House Orphanage during the day whilst the twenty-six orphans who live hele were
attending our New Hope Primary School.
From small beginnings in 2009, ourwork in the Lunghi Region of Sierra Leone has grown
tremendously. Our New Hope School has repeatedly been given accolades by the
Education Authorities, and for the seventh year running came in the top three out of
thirty district schools and was awarded excellent marks. We now have some 560 plus
students, whose level of attainment means they are often the highest performing
children. The schooL also operates various after school clubs that are very popular and
so much appreciated.
Our Family Sponsorship Programme now supports 30 plus families as welL as a full-
time Midwife, Marion. She holds ante-natal and post-natal clinics on site and runs
mobile clinics in the more remote areas. This is having significant impact on infant
mortality rates.
The Sierra Leone "Hands of Dorcas" sewing project has brought a great deal of joy to
those benefitting from it as well as to the teachers, staff and those of us who have
visited and seen the change in theseyoungwomen. The training takes up to two years
and includes basic Literacy and numeracy skills.
Our New Hope Church is based at the school and has gone from strength to strength
and is now highly respected within the community. Rev Michael, our director, is very
highly respected. as is his wife Alice who is our Headmistress of the school.
Our training of evangeli8t missionaries to reach out into remote areas is aLso bringing
very positive results. Small groups are now growing in nine other villages and
townships.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Emmanuel House. our rescued children's home situated about three miles from the
school. continues to thrive. The vision and need came in response to the big increase in
orphans following the Ebola crisis. It is currently home to 26 orphan children with two
house parents. On Wednesday evenings. the main room is now used as a church for the
local community. with more than 80 people attending. We dug our own welL in the
grounds that also serdes the local viLlage. Here we aLso hold mobile clinics led by our
Midwife and Nurse. As already said. ouryear seven students are being taught here until
the academy is completed.
Future Plans
We continue to do everythingthat is possible to help and support Ukraine in whichever
way is needed. We have already started building a small schooL and church in
Lokomasama where we have been working for five years now. We were waiting for the
funding to begin this and it's now undenvay.
We are also looking to reach out with preschool groups to other deprived & isolated
areas.
ALSO, GBA are looking at funding small business in the region to support the ongoing
work. to make them as self-sufficient as possible.
A local company has also agreed to provide a solar panel system for the academy and
will go over to Sierra Leone to fit it. This will be another huge move forward, in a place
that has unlimited sunshine much of the year.
Our new offices in Chorley have been a blessing. We now have the lift installed. helped
by a grant which aLso supported work on the main off ice with a proposed community
area sectioned off from the main offices. We continue to pursue funding for a kitchen,
roof repairs and fire escape needed to complete the visions for a community hub for
Chorley.
The furniture shop on the ground floor has been a tremendous successl

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Acknowledgements
2023 saw a continuing response to the Ukraine Appeal and a huge injection of funding
forthe high school in Sierra Leone. With this wonderful support, the positive spirit
throughout the charity is clearly felt. Big thanks are also due for the efforts of around
500 volunteers in the UK and over a thousand volunteers overseas in ourvarious
ministries. Thanks aLso to the many churches. Rotary Clubs and other organisations
who have donated goods eitherto our charity shops in the UK or to our Warehouse for
shipping overseas. Without all these we could not begin the work of showing Christian
Compassion for this Hurting World.
Financlal Review
The results for the year and the financial position of the Charty as of 31 December 2023 are
set out in the Financial Statements on pages 20 to 34.
2023
£1.15M
£1,07M
2022
£1.14M
£0.98M
2021
£0.80M
£0.61M
2020
£0.84M
£0.75M
Income
Expenditure
The position at the end of 2023 meant that the balance sheet position was £537,927 (2022:
£457,387) and the free reserves of the Charity at year end were £174,553 (2022: £134,009).
STRUCTURE. GOVERNANCE & MANAGEMENT
Governing Document
The organisation is a Charilable Company Limited by Guarantee. The Company was
established in 2001 under a Memorandum of Association which establishes the objects and
powers of the Charitable Company and is govemed under its Articles of Association. In the
event of the Company being wound up. members are required to contribute an amount not
exceeding £10.
Recruitment and Appointment of Management Committee
The Directors of the Company are also Charity Truste&s for the purpose of charity law and
under the Company's Articles are known as members of the Management Committee. Under
the requirements of the Memorandum and Articles of Association, the members of the
Management Committee, the Trustees, are appointed by resolution of the present Truslees
for a period of three years.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Trustee Induction and Training
The existing Trustees are already familiar with the practical work of the Charity, having been
involved in various ways with the Charity before being invited to become Trustees. If there is
any need for n8w Trustees to be given any training, this is arranged with the other Trustees.
All Trustees have to have a DBS check before being admitted.
ReseNes Policy
We channel as much of our funds to our overseas projects as possible, merely maintaining
sufficient reserves to ensure day-to-day liquidity; it is our desire to have our free reserrfes
covering one month's salaries and rents. Our free reserves were £174,553 at the year end.
Risk Management
The Management Committee has conducted a review of the major risks to which the Charity
is exposed. Systems and procedures have been established to manage the risks the Charity
faces:
Princi
al Risks & Uncertainties Strate
ies to mana
e these
Terrorism and piracy
All personnel travelling abroad cary adequate travel
insurance and consult FCO advice.
Safety and
integrity
of Only trusted carriers and routes are used. Goods are only
humanitarian aid shipments
shipped to known and Irusted recipients.
Protection of children and All Trustees are DBS checked; and the Charity's Child
vulnerable persons
Protection Policy is promulgaled by appropriate signage.
Property leases
Leases are generally short term or with adequate break
dauses.
Cash flow
Sufficient reserves are held lo maintain day-t¢Fday
liquidity.
Integrity of grants
Grant-rnaking criteria used in selecting recipients include:
a. Within the objects and current policies.
b. Past commitments and investment.
c. Previous successful relationship. to minimise risks
of aid being diverted for uses outside our control or
for fraudulent purposes.
d. Maintaining a balance of recipients by age, gender,
ethnic groups, region and denomination.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
Fundraising
We do not engage in traditional fundraising. Ourapproach has always been to build long-term
relationships with supporters - both individual and corporate - who contribute to the work of
the charity in a variety of ways, including monetary. Our "Community Ambassadorf. role has
been designed to build on this principally by visiting churches, community groups and schools
to explain what we do and to encourage engagement in support of particular projects.
Our charity shops are our principal means of raising funds by seeking to offer donated clothing
and other goods for sale at competitive prices. Our shop managers take responsibility for
ensuring that all customers are treated with care and respect; and several of our shops have
benefitted from placements of vulnerable adult volunteers.
In 2017 the Trustees agreed a fundraising policy that applies to all staff and volunteers to
ensure that all fundraising is done in sympathy with the aims and objectives of the charity and
in line with the requirements of the 2016 Charities Act. Compliance with this is monitored by
Ihe Senior Management Team.
In 2021 we signed a contract with Chell Perkins to advise us on our fundraising stralegy and
lo support our grant application process and this continued through 2023. However, all contact
with the public is conducted by our own staff.
Organisation Structure
The Charity's headquarters is in Chorley in Lancashire, where there is an Office and a fumiture
shop. There are also local area groups and representatives in other parts of the UK.
In 2021 we appointed a Head of UK Operations to take charge of all the UK-based work of the
Charity and to free up our CEO to focus on supporter engagement and management of the
overseas projects. Day-to-day management is therefore now conducted by the CEO in
conjunction with the Head of UK Operations. offi￿ Manager and Finance Manager.
Significant decisions are reported to the Trustees. and all Trustees nomially meet with the
CEO at least four times each year.
The pay of staff, other than the CEO and Operations Manager, is set by the Trustees. The
CEO and the Operations Managers review pay levels annually and make recommendations
lo the Trustees. The pay of the CEO and Operations Manager is reviewed annually by the
Chair of Trustees.
National Directors are employed overseas who have many years, experience in the
humanitarian aid field. The funding of the overseas projects is reviewed annually by the CEO
and presented to the Board of Trustees for approval.
Rev Bemard Cocker is also Pr8sid8nt of Intemational Aid Trust in Ukraine through which
projects are funded and maintained. In India we operate as New Jerusalem Ministries. IAT
Sierra Leone has been registered as a charity in Sierra Leone. These charities have been
constiluted to simplify negotiations with government authorities for aid shipments, ministy
projects and charitable donations.

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
We raise funds through a network of 11 charity shops in the UK which sell goods
predominantly donated by the public; goods are also donated by private companies with
permission to sell them.
10

INTERNATIONAL AID TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
STATElaENT OF TRUSTEES. RE8PONSIBILmES
The Trustees, WIK) are also Dir￿torS of InternalN)nal Ald Trust for the purposes of Company
law, are responsible for preparing th8 TNstees' Report and firkincial Stat￿￿￿ in acwrdance
wllh 8ppli(able law and UK Acc4)unting Standards (UK Generally Awted A￿oUntr￿J
Practie£).
Company law requires the Trustees to prèpare financial statements ft>r financial year
which give a tfue arKI fair view of the state of affaivs of the Charitable Company and of the
in£x)ming resources and application of resources. includlng the Income and 6xperKllture. of
the Charitatrde Company for that period. In preparlng these financial statemenls. the TrL*te
are required to:
Observ8 the mgthods and prlnciples in the Charftles SORP.
Make Judgements and eslimates that are Tpasonable and prudent.
State whether appllc8ble UK A¢Gounting Standards ￿ve been followed, subjéct to any
rnaterial departure disdosed and explalned in the financlal ststsments.
Prepare the finandal statements on the golng conpé8m basis unless it Is inappropriats
to presume that the Charflable Company will contlnue In buslness.
The Trustees are re8pon8ib18 for keeplng proper accountlng record6 which dlsclos8, With
reasonable acTrJracy at ary timé. the financ￿1 position of the Charitable Company and to
enable them to ensure Ihat the finanthl slatement8 compty wlth th8 Companies Act 2006.
They are also responslble for safeguarding the assets of the Charltable Company ar￿ hence
for taklng reasonable stsps for ￿ prevention and detecllon of fraud 8fKI oltw irregularitles.
The who held ¢)ffice at the date of approval of thi8 Trustees, Report confirm thaL
far as they are each aware, the￿ is no relevant inforynatlon of which the Charity's IrKlepend8nt
auditor Is unaware. Each Trustee has taken all steps thal they oughl lo have taken as a
Trustee to make themselves aware of any rel8vanl information and to establish that the
Charlfyls independent authtor ts aware of trfit Inf(￿atIon.
AUDITORS
Rolherham Taylor LSmlted were appointed as audito￿ durfng the year and a rasolution for
reappointment will be proposed to the Boanl of Truste6S.
SMALL COMPANY PROVISIONS
Thls report has been prepared in accordance wlth the spedal provisN)ns for small companFes
under Part 15 of the Companies Act 2006.
SIGNED ON BEHALF THE BOARD:
AfexanderT8ylor (Chaiman)..................
Date: 30 September 2024
11

INTERNATIONAL AID TRUST
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 DECEMBER 2023
Charlty Name
International Aid Trust
Charity Regi8tration Number
1086597
Company Reglstratlon Number
04167908
Registered Office
and Operational Address
The Galleries, Croft Mill
43 Pall Mall
Chorley, PR7 3LT
Trustees
Mr A R Taylor
Dr C CrawForth
Mr P Cook
Mrs R Foulds
Mr L Fisher
Mr S Hardman
Mrs J Dawe
Chair
Resigned 2611112023
Appointed 0111212023
Senior Management Team
Rev Bemard Cocker
Mr Philip Walker
Mrs Alison Hammerton
Mr Peter Lomax
CEO and Founder
Head of UK Operations
Office Manager
Finance Manager
Auditors
Rotherham Taylor Limited
21 Navigation Business Village
Navigation Way
Ashton-on-Ribble
Preston
PR2 2YP
Bankers
Royal Bank of Scotland, Edinburgh
Virgin Money, Lancaster
Sanlander, Bootle
Solicitors
Blackhust Budd Solicitors
22 Edward Street
Blackpool
FY1 1BA
12

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Opinion
We have audited the financial statements of International Aid Trust (the 'charitable
company,) for the year ended 31 December 2023 which comprise the Statemenl of
Financial Activities (including the Income and Expenditure AGGount), the Balance Sheet.
statement of Cash Flows and notes to the financial statements, including a summary of
significant accounting policies. The financial reporting framework that has been applied
in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK
and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice}.
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31
December 2023 and of its incoming resources and applieAlion of resources.
including its income and expenditure, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally
Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act
2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK)
(ISAS (UK)) and applicable law. Our responsibilities under those standards are further
described in the Auditor's responsibilities for the audit of the financial statements section
of our report. We are independent of the charitable company in accordance with the
ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance wilh these requirements. We believe that the audit evidence
we have obtained is sufficient and appropriate to provide a basis for our opinion.
13

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Concluslons relatlng to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material un￿rtaintieS
relating to events or conditions that, individually or collectively. may Gast significant doubt
on the charitable company's ability to continue as a going concern for a period of at least
twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going con￿rn
are described in the relevant sections of this report.
Other informatlon
The trustees are responsible for the other information. The other information comprises
the information included in the Annual Report, other than the financial statements, and
our auditor's report thereon. Our opinion on the financial statements does not cover Ihe
other information and. except to th8 extent othenvise explicitly stated in our report, we do
not express any form of assurance conclusion thereon. In connection with our audil of Ihe
financial statements, our responsibility is to read the other information and, in doing so,
consider whether the other infonnation is materially inconsistent with the financial
statements, or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material
misstatements. we are required to determine whether there is a material misstatement in
the financial statements or a material misstatement of the other information. If, based on
the work we have performed, we conclude that there is a material misstatement of this
other Information. we are required to report that fact.
We have nothing to report in this regard.
14

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 310ECEMBER 2023
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees, report, which includes the directors. report
prepared for company law purposes, for the financial year for which the financial
statements are prepared is consistent with the financial statements; and
the directors, report included within the trustees. report has been prepared in
accordance with applicable legal requirements.
Matters on which we are required to report by exception
In light of the knowledge and understanding of the charitable company and its
environment obtained during the audit, we have not identified material misstatements in
the trustees, report. We have nothing to report with respect to the following matters in
relation to which the Companies Act 2006 requires us to report to you if. in our opinion:
adequate accounting records have not been kept. or relums adequate for our audit
have not been received from branches not visited by us- or
the financial statements are not in agreement with the accounting records and
relums: or
rtain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
or
the trustees were not entitled to prepare the financial statements in accordance
with the small companies. regime and take advantage of the small companies.
exemptions in preparing the trustees. report and from the requirement to prepare
8 Stralegic report.
15

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Responsibilities of trustees
As explained more fully in the trustees. responsibilities statement set out on page 11. the
trustees (who are also the directors of the charitable company for the purposes of
company law) are responsible for the preparation of the financial statements. for being
satisfied that they give a true and fair view, and for such internal control as the trustees
determine is necessary to enable the preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
In preparing Ihe financial statements, the trustees are responsible for assessing the
charitable company's ability to continue as a going concern, disclosing, as applicable,
matters related to going concern and using the going concern basis of accounting unless
the trustees either intend to liquidate the charltable company, to cease operations, or
have no realistic alternative but to do so.
Audltor's responsibilities for the audit of the flnancial statements
Our objectives are to obtain reasonable assurance about whether the financial statements
are free from material misstatement, whether due to fraud or error, and to issue an
auditor's report that includes our opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK)
will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in aggregate. they could
reasonably be expected to Influen￿ the economic decisions of users taken on the basis
of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations.
We design procedures in line with our responsibilities, outlined above, to detect material
misstatements in respect of irregularities, including fraud. The extent to which our
procedures can detect irregularities, including fraud. is detailed below.
16

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Explanation as to what extent the audit was considered capable of detecting
irregularities. including fraud
The objectives of our audit in respect of fraud, are: to identify and assess the risks of
material misstatement of the financial statements due to fraud; to obtain sufficient
appropriate audit evidence regarding the assessed risks of material misstatement due to
fraud. through designing and implementing appropriate responses to those assessed
risks; and to respond appropriately to instances of fraud or suspected fraud identified
during the audit. However, the primary responsibility for the prevention and detection of
fraud rests with both management and those charged with governance of the charitable
company.
We obtained an understanding of the legal and regulatory requirements applicable
to the charitable company and considered that the most significant are the
Companies Act 2006, the Charities Act 2011. the Charity SORP, and UK financial
reporting standards as issued by the Financial Reporting Council.
We obtained an understanding of how the charitable company complies with these
requirements by discussions with management and those charged with
governance.
We assessed the risk of material misstatement of the financial statements,
including the risk of material misstatement due to fraud and how it might occur, by
holding discussions with management and those charged with governance.
We inquired of management and those charged with governance as to any known
instances of non-compliance or suspected non-compliance with laws and
regulations.
Based on this understanding, we designed specific appropriate audit procedures
to identify instances of non-compliance with laws and regulations. This included
making enquiries of management and those charged with govemance and
obtaining additional corroborative eviden￿ as required.
17

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Explanation as to what extent the audit was conslderod capable of detecting
irregularities, includlng fraud (continued)
As part of an audil in accordance with ISAS (UK) we exercise professional judgement and
maintain professional skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements,
whether due to fraud or error, design and perform audit procedures responsive to
those risks. and obtain audit evidence that is sufficient and appropriate to provide
a basis for our opinion. The risk of not detecting a material rnisstalement resulting
from fraud is higher than for one resulting from error. as fraud may involve
collusion. forgery. intentional omissions, misrepresentations. or the override of
internal control.
Obtain an understanding of internal control relevant to the audit to design audit
procedures that are appropriate in the circumstances, but not for the purposes of
expressing an opinion on the effectiveness of the charitable company's internal
control.
Evaluate the appropriateness of accounting policies used and the reasonableness
of accounting estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis
of accounting and, based on the audil evidence obtained, whether a material
uncertainty exists related to events or conditions that may cast significant doubt
on the charitable company's ability to continue as a going concern. If we conclude
that a material uncertainty exists. we are required to draw attention in our auditor's
report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor's report. However, future events or
conditions may cause the charitable company to cease to continue as a going
concern.
Evaluate the overall presentation, structure, and content of the financial
statements. including the disclosures, and whether the financial statements
represent the underlying transactions and events in a manner that achieves fair
presentation.
18

INTERNATIONAL AID TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF INTERNATIONAL
AID TRUST FOR YEAR ENDED 31 DECEMBER 2023
Use of our report
This report is made solely to the charitsble company's members, as a body, in accordane
with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken
so that we might slate to the charitable company's members 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 responsibility to anyone other than
the charitable company and the charitable company's members as a body. for our audit
work, for
his report, or for the opinions we have formed.
Nlcholas Smith (Senior Statutory Auditor)
For and on behalf of Rotherham Taylor Limiled, Statutory Auditor
Chartered Accountants
21 Navigation Business Village
Navigation Way
Ashton-on-Ribble
Preston
PR2 2YP
30 September 2024
19

INTERNATIONAL AID TRUST
STATEMENT OF FINANCIAL ACTivrriES {INCORPORATING INCOME AND EXPENDITURE ACCOUIffj
YEAR ENDED 31 DECEMBER 2023
Unrestricted Restrlcted Total Funds Total Funds
Funds
Funds
2023
2022
Income from:
Donations and legacies
other trading activities
Investrnents
167,664
751,250
5,613
228,221
396.886
751.250
5.613
536,308
6C6.947
743
Total income
924,527
228,221
1.152.748 1,143.998
Expenditure on:
Raising funds - gffts and donatlons
Raising funds - trading
Charitable activiiies
27,281
522,563
143,469
27,281
522,563
522,364
25.454
505,843
444,561
378,895
Total oxponditure
693,313
378.895 1.072,208
975,858
Net incomel{expendituro}
231,214 (150,674)
80.540
168.140
Transfers b8tween fun(ts
17
{167,898)
167.898
Net movement in filnds
63.316
17,224
80,540
168.140
Reconciliation of funds:
Total funds at start of year
17
238.979
218,408
457,387
289.247
Total funds at end of year
17
302.295
235,632
537,927
457.387
The Charity has no recognised gains or losses other than the results for the year as set out above.
All of the adivities of the charity are classed as continuing
The notss on pages 23 to 34 form part of these flnancial statements
See note 9 for fund-accountlng comparativo figuros
20

IKrERNATIONAL AID TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2023
¢ompany nun*•r. 041B7908
2022
Flx•d Assets
Twgl)18 a8Sèts
io
127.742
104.970
Currnnt A880ts
11
Cash at ￿nk
41.025
451.125
491150
447,529
s￿.255
Credltorx . Amounts fÈllkng
due one y
N•t Current Assets
12
59.307}
1104.085
388.065
Cr•dltor•." Amounts falllng due
after morg than one J
13
(Xl,763)
(35,648)
537.927
Funds
Unrestrfcied f￿d$
Restrict8d fund8
18
18
302.296
238,979
218A08
537.927
The trustee8 ackn￿edge thek TBsponslbMM8s for complying with the requlrerr* of thè Cryanies Act 20
wll) respecl to a¢￿unIlng records and the preparalk)n of acco￿ts.
These ffirwKial 8latement8 have been prepared in accua81￿ the special prov56k￿8 relating lo ccfroarl
subject to the small comp8nie8' rwjlme Part 15 of the Corrpanles knt 2￿6.
These fina[￿181 8tst•n*ts w4r8 approveAI by the truste88 on 30 Sept￿ts 2024 aYKI are signed on thelr b8hair
ayl
Chair
Th• on pages ZJ to 34 frbrnl part of tha8• flnandal •lat•ments
21

INTERNATIONAL AID TRUST
STATEMENT OF CASH FLOWS
YEAR ENDED 31 DECEMBER 2023
2023
2022
Nolo
Net cash inflow from operatlng activities
Non-operational cash flows:
Investing aclivitigs
Purchase of fixed assets
Proceeds from the sal8 of fixed assets
Investment Income
15
23,120
188,685
{27,442)
(41,098)
18,796
743
(23.559)
5.613
(21.829)
Financing activiti88
Loan repayments
Interest on loan
(6,595)
1.708
(5.556)
Net cash infiow for the year
16
13,596
159,570
The notes on pag88 23 to 34 forni part of these financlal Statoments
22

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
Accounting poll¢les
(a) The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their account5 in accordance wth
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January
2015) - (Charities SORP {FRS102)), the Financial Reporting Standard applicable in the United Kingdom
and Republic of Ireland (FRS 102) and the Companies Act 20C6).
The charity is a public benefit entity as defined urKler FRS102.
The trustees have prepared budgets and a forecast vthich gives them adequate Gomfort that the charitsble
company is a going concern. Therefore, the ttustees are of the view that the charitable company has
sufficient resources for at least the next 12 months {from date of approving the financial ststements) and
that there are no material uncertainties regarding going concern. As a result, the charitable companys
financial statements have been prepared on a going concem basis.
(b) Income from donations and gifts is included in income ￿en these are receivable, except as follows:
l. When donors speclfy that donations given to the charity must be used in future accountlng perlods, the
income is deferred until those periods.
11. When donors impose conditions ￿lch have to be fulfilled before the Charity becomes entitled to use
such income, the income Is deferred until the prtrconditions have be8n met.
Donated services and facilities are included at the value to the charity if this can be quantified. The value of
services provided by volunteers has not been Included in these accounts.
Clothing and other items for resale through the charlty's Shops are recognised as income wthin other
trading activities )fihen they are sold due to the impractlcallties of estimating the value of such stock items
upon receipt.
Investment income is included ￿en receivable.
Income from other trading activities is accounted for then earned.
A valuation for humanitarian aid received for distribution ts excluded from the accounts due to a lack of a
reliable estimate.
{c) Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to the category.
Expenditure on raising funds comprise the costs assoGiated attracting gifis and donations and the
costs of trading for fundraising purposes including the charivs shops and fundraising events.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directly to su¢h activities and those
05ts of an indirect nature necessary to support them.
Govemance costs include the costs relating to meeting the constitutional and statutory requirements of the
charity and include audit fees and costs linked to the strategtc management of the charity. These are
included within support costs.

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
1 Accountlng pollcles (continued)
All costs are allocated be￿een the expenditure categories of the Statement of Financial Activities on a
basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated direcljy,
others are apportioned on an appropriate basis as set out in note 4.
Redundancy payment expenditure is recognised at the point v*hen employment is ended and ¥then the
amount is calculable.
(d) Fixed assets a￿ staled at cost less accumulated dep￿latiOn.
Depreciation is calculated so as to V•Tite off the cost of an asset, less its estimated residual value, over the
useful economic life of that asset as follows:
Leasehold improvements
Shop and office equipment
Motor vehicles
straight line over the length of the lease
- 250A p.a reducing balance
- 25% p.a reducing balance
Assets ￿fjth a cost exceeding £1,000 are capltalised.
(e) Rentals payable under operating leases are charged against income on a stralght Ilne basis over the lease
term.
(fj Unrestricted funds can be used in accordance viith the charitable objects at the discretion of the Trustees.
(g) Restricted funds can only be used for particular restricted purposes y￿thin the objects of the charity.
RestrictÉons arise when Specified by the donor or when funds are raised for particular restricted purposes.
Expenditure thich meets these criteria is charged to the fund, together wth a fair allocation of support
costs. Further explanation of the nature and purpose of each fund is inGluded in the notes to the financial
statements.
(h) Monetary assets and liabilities denominated in foreign currenGies are translated into sterling at the rates of
exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of
the transactions. All exchange gainsllosses are recognised in the Statement of Financial Activities.
(i) The charity only has financial assets and liabilities that qualify as baslc financial instruments. Basic financial
instruments are initially re¢ognised at transaction value and subsequently measured at their settlement
value.

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
Donatlons and legaci•$
Unrestricted Restricted Total Funds Totsl Funds
Funds
Funds
2023
2022
Donations and legacies
Gift Aid
104,618
63.046
218.283
9.938
322.901
72.984
477,097
59,211
167,664
228,221
395,885
536,308
Prlor year ¢omparatlves
Unre8trlcted Rèstricted Totsl Funds
Funds
Funds
2022
Donatlons and legacies
Job r8tention scheme grants
Local restrlction support grants
Restsrt grants
Gift Aid
68.586
408.511
477.097
44.576
14,635
59,211
113,162
423.146
536.308
3 Income from: Other trading activities
Unr6strictsd Restricted Totsl Funds Total Funds
Funds
Funds
2023
2022
Shop sales
Office & vRrehouse sales & recycling
credits
Transport services
723,985
723.985
583.714
26,865
400
26,865
400
22.003
1.230
751.250
751,250
606,947
Prior year comparatives
Unrestrlcted Restrlcted Total Fund8
Funds
Funds
2022
Shop sales
Office & warehous8 sales & recycling
cr8dits
Transport services
583.683
31
583.714
22,003
1.230
22,003
1,230
25

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL sTATEME￿rs
YEAR ENDED 31 DECEMBER 2023
4 Total expenditu
Charitable a¢tivitses
2023
2022
Grants (note 5)
UK staff costs (note 7}
Subsistence & travel
Transport, ferries & documentation
Advertising & promotional expenses
Legal. audit & accountancy
Premises costs & other associated costs
Communications. ￿. stationery
Transport, handling & processing costs
Depreciation and loss on disposal
Irrecoverable VAT
Bank charges
Exchange gain ¢y109g
215
19 320,189
352.233 41.048
27,281
2.196
837
1.273
1.116
100
13,924
372
11.959
145
112.925
6,628
18.811
1,511
10.000 20,094
2,420
217
923
9.393
320,423
190,677
447,843 393.249
16,879
1,152
27,281
15,140
421
21,214
137,947
27,450
78,9CKJ
4,671
1,781
12,578
{466)
1.360 7,750
18.394
7,128
48.806
2.034
775
2,189
{466}
35.126
187,016
31,040
101.584
6.995
1.181
10.925
27,281
522,563 71,683 442,931 7.750 1,072,208 975,858
Prior year comparatlv•s
Charltable aclivltl•s
2022
Grants (not8 5)
UK staff co3ts
Subsistence & travel
Transport, ferries & documentstion
Advertising & promotional expenses
Legal. audit & accountancy
Premises costs & other associated costs
Communications. ￿. ststionery
Transport, handling & processing costs
Depreciation and loss on disposal
Irrecoverable VAT
Bank charges
190,677
25,454
2,612
1,152
12
2,888 9.063
22,488
9.251
79.145
2,235
426
1,448
190.677
393.249
16,879
1.152
25,454
294.819 47.522
6,386
7.881
19
21.413
1.762
151.006 13.522
19.400
2.389
328 22.111
3.438
1.322
656
8.378
35.126
187.016
31.(140
101.584
6.995
1,181
10.925
1,099
25,454
505.843 97,710 337,788 9.063 975.858
26

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
5 Grants payable
2023
2022
IAT New Jerusalem MinistrÉes
IAT Good Samaritan Foundation Odessa and Moltavilovka Churth Kiev
Sierra Leone New Hope School
IAT Cuba
IAT Ukraine - holiday camps
Various small recipients
32,251
43,539
220,702
4,495
14,500
4,936
26,598
87,898
69.996
6,185
Total grants payable
320,423
190.677
Of the grants made above, £1,600 {2022: £6,185) relates to grants made to individuals; the rèmainder were grants
made to institutions.
6 Net Incomel(expendlture) for tha year
This Is stated after charging:
2023
2022
Depreciation and loss on disposal
Auditors'l Independent Examinerfs remuneration
4.671
- audlt
- account$ preparatlon
- other sep4ices
4,500
1,500
1,750
4.5(M)
1,5CK)
No Trustees received any rèmuneration or were relmbursed for expenses durlng the year or during th8 prlor year.
Donations from Trustees, key management personnel and related parties wer8 £18,34012022 £17,091 }.
7 Stsff costs and numbers
The aggregate payroll costs were:
2023
2022
Wages and salaries
Social security costs
Pension
Redundancy payments
414.725
27,999
5.119
362.431
20,004
3.814
7.000
447,843
393.249
No employee recelved emoluments of more than £60,000.
The total employment benefits received by key management personnel were £109,124 (2022: £96.783}.

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
7 Staff costs and numbers (eonbnued)
The average headcount of staff during the reporting perlod wa$ 24 (2022.. 23).
In addition, a great amount of time, the value of which is not reflected in these financial statèments, is donated by
tIK*usands of voluntsers throughout the UK & abroad.
8 Taxatlon
The charity Is exempt from corporatlon tax on Its Charitable activities.
9 Fund-analysis compardlfvft flgures
Unrestricted Restrlcted Total Funds
Funds
Funds
2022
Income from:
Donations and legacies
Other trading adivities
lrnrestments
113,162
806.916
743
423,146
31
536,308
606.947
743
Total income
720,821
423,177 1,143,998
Expenditure on:
Costs of genorating funds
Raising funds - gifts and donatlons
Raising fvnds - trading
Charitable activities
25,454
505,843
153,089
25,454
505,843
444,561
291.472
Total expondlture
684,386
291,472
975,858
Net In¢omel(expenditur9)
36,435
131,705
168,140
Transfers between funds
(17,1501
17.150
Net movement in funds
19,285
148.855
168,140
Reconciliation of funds..
Total funds at start of year
219,694
69.553
289,247
Total funds at end of y8ar
238,979
218,408
457,387
28

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
10 Tanglble fixed assets
Shop a
offlc•
equipment
Leasehold
Improvements
Motor
Vehlcles
Totsl
Cost
At 1 January 2023
Additions
Disposals
102.370
21.443
38.182
18.390
158,942
27,443
At 31 December2023
123,813
38,182
24,390
186,385
Depreciation
At 1 January 2023
Charge for the year
Disposals
4,455
2.436
35.251
732
14.266
1,503
53.972
4.671
At 31 December 2023
6,891
35,983
15,769
58.843
Net book value
At 31 December 2023
118,922
2.199
8,621
127,742
At 31 December 2022
97.915
2,931
4.124
104,970
11 Debtors
2023
2022
Other debtors
Pr8payments & accrued income
5,764
46,962
6.861
34.164
52,726
41,025
12 Credltors: amounts falllng due withln one year
2023
2022
Trade creditors
Other Creditors
Taxes and so¢lal security costs
Accruals & deferred Income
Bank loan
25.951
11.933
44.322
41.141
5,526
7.540
5.556
15.868
5,555
59,307
104,085
29

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER2023
13 Credltors: amounts falling due after mor• than one year
2023
2022
Bank loan
30,763
35,648
30,763
35,648
The Bank Loan is a Bounce Bank Loan repayable over 10 y8ars under the Government-sponsoTed Bounce Bank
Loan Scheme.
14 Commltments
At 31 December 2023 the company had totsl commitments. under nonwcancellable operating leases paid as
follovts:
Land &
bulldings
Total
2023
Total
2022
Within one year
Be￿een Iwo & fwe years
55,050
105,367
55.050
105,367
58.100
130.6IJ)
Th6 operating lease payments recognised as an expense in the year amounted to £87,033 (2022: £115.881).
At 31 December 2022 the company had total commitrnents. under non-cancellable operating leases paid as
follows:
Land &
bulldings
Total
2022
Wthin one year
Between two & five years
58.100
130.6CK)
68,100
130,600
15 Reconclllalion of net movement in funds to net cash inflow from operating activltles
2023
2022
Statement of Financial Activities.. Net movement in funds
Investment Income
Depreciation
Loss on disposal of tangible fixed asset
Movement in creditors
Movement in deblors
80,540
(5.613)
4,671
168,140
(743)
6.190
805
25,665
(11,372)
(44,777)
(12,069)
Net cash inflow from oparating activltles
22,752
188,685

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER2023
16 Anaty8ls of change In ¢a$h durlng the year
2023
2022
Change
Cash at bank
447,529
451,125
{3,596>
Unaudited
2021
2022
Change
Cash at bank
451,125
291,555
159,570
17 Movement In funds
At1Jan
2023
At 31 Dec
2023
Income Expenditure
Trdnsfers
Restricted funds
Famity sponsorshlp
Indla
Sierra Leone New Hope School
Chlldren'$ holiday camps
Philippines
Blbles
Réach International
Small grants
Small otherfunds
Wirtual Shoeboxes
Croft Mill Appeal
Mcldova
Turkey
Cuba
128,668
(438)
72,819
730
{435)
1.528
2,493
149)
53,193
{112,202)
(30,117)
{225,057)
70,179
28,422
71,072
139,836
219
34,455
1,180
730
181
2,993
115.621
{3,335>
{2,255}
888
1175)
225
1.615
15.384
{3.907)
{7881
{4711
1,611
46,716
5,780
1,082
31,803
9,687
1,082
5.363
14,4951
218.408
228,221
{378,895
167,898
235.632
Unrestrkied funds
Fixed asset designated fund
Free reserves
104.970
134,009
(4,670)
27,442
{688,643) (195.340)
127.742
174.553
924,527
238,979
924,527
{693,313
(167,898)
302.295
Total funds
457,387 1,152,748
1,072,208
537,927
31

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
17 Movement In fund8 {contlnued)
Prior year ¢omparallvos
At1Jan
2022
At31D
2022
Income Exp8ndltur•
Trdnsfer8
Restricted funds
Famity sponsorship
India
Slerra Leone New Hope School
Children's holiday camps
Philippines
Bbles
Reach International
Small grants
Small other funds
VrtU81 Shoeboxes
Croft Mill Appeal
Moldova
296.595
5.713
95.741
450
3,250
906
500
(173,952)
125,838)
(76,284)
{3,769)
{3,685}
1500)
6,021
19,496
7,291
128,665
(436}
72,819
730
(435)
1.528
2.493
(49)
193
46,071
4,049
1.122
1.993
1455)
406
{284)
1.231
16.291
2,500
12601
1,546
(8,2751
1.615
15.384
(3.906)
15,196
(17.649)
1.869
69,553
423.177
1291,472
17,150
218,408
Unrestrlcted funds
Fixed asset designated fund
Free res8p4es
87,683
132.031
(6,190)
1878,1961
23,497
140,647>
104,970
134.009
720.821
219,694
720.821
(684,386
117,1501
238,979
Totsl funds
289,247 1,143,998
{975,858)
457,387
Purpose of restrlcted funds
Farnily sponsorship - IAT'S scheme linking sponsors in the UK to needy families and individuals in Ukraine.
Harvest orphanage - Orphanage in Sri Lanka for children orphaned by the 2004 Boxing Day Tsunami or frorn the
Tarnil uprising.
India (New Jerusalem Ministries) - Education, orphans and ministry to the poor across four states In Southem
India, induding sponsorship of a number of church pastors.
Slerra Leone New Hope School - Educating, feeding, health care and pastoral vmrk In the community;
sponsorship of a number of famllles,. constru¢lion of homes lor families to host children orphaned by the recent
Ebola outbreak in Wesl Africa.
Chiklren's hollday Camps - Providing summer holidays for needy children in Ukraina.
32

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
17 Movement in funds (conflnuod)
Philippines- Provision of humanitarian aid and relief of suffering caused by natural disasters In the Philippine$.
Bbles - Provision of Bibles to India.
Reackn International - a partner church working principalty in Belarus to relieve suffering and poverty.
Small grants- small grants to needy individuals and families wherever we wor
Small other funds- through donations and onewoff donations which do not fit within existing funds.
virtual Shoeboxes - Providing shoeboxes or bags lo needy people in Ukraine. India arKI Sierra Leone using locally-
sourGed materials.
Croft Mill Appeal- Funding for upgrading our new Headquarters in Chorfey to provide facilities for our supporters
and for local communty group use.
Moldova fund - A netrmk of church's working in Moldova to relieve suffering and povety through the provision of
humanitarian aid.
Turkey Fund - Response from donors to earthquake appeal
Cuba Fund -Provision of food for distribution to the local churchès
18 Anatysls of nèt assets between restrfcted and unre$tri¢ted funds
Tangible
Fixed
assets
Other
Current Long term
assets Creditors
Cash at
bank
Year end 31 Docomber 2023
Total
Restricted funds
Unrestricted funds
Fixed asset designated fund
Free reserves
235,632
235.632
127.742
127.742
174.553
211,897
{6.581)
(30.763)
127.742
447,529
{6.581)
30.763)
537,927
Tangible
Flxed
assets
Cash at
bank
Current Long terni
assets Credltors
Year end 31 December 2022
Totsl
Restrtcted funds
Unrestrictéd funds
Fixed asset designated fund
Free reserves
218,408
218,408
104.970
104,970
134,009
232,717
{63,060)
(35.848)
104,970
451,125
(63,060)
(35.648
457,387
33

INTERNATIONAL AID TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
19 Company Ilmited by guarantee
The company is limited by guarantee and as suth has no Issued share capital. In the event of the company b8ing
wound up the liabilty of the members is limited to £10 each.
34