THE GUATEPIALAN FAMILIES ASSOCIATION Reg Charity No 1105241 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024 GUATEMALAN FAMILIES AssociAYION Year ended 31 August 2024 Yoar endod 31 August 2023 Receipts Paynwnts Balanco Receipts Payments Balance Fundralslng Regular donations {ALDEA) Regular donations (Los Patajos) Special Appeal 2024 (2023) Specific fundraising Aldea Christmas card fundraising Fundraising for Bursary Fund Other donations Gift Aid (see note below) 8.898 4.449 6.626 1.615 779 574 18,104 8.284 -9,207 -3,835 6.626 1,615 602 -376 8,171 4,085 5.822 110 906 465 14.359 7.032 -6,189 -2,947 5,822 110 596 65 177 950 310 400 27.515 4.575 19.560 22,102 -2,542 Events GFA Cultural weekend - 2024 (2023) Wellbeing Hub 1,826 310 180 490 -310 -86 -396 1.826 -22 Publl¢allons Calendar 1,016 323 1.391 753 638 1,016 323 1.391 753 638 Membership Subscripth'ons Bank and other InteSt Newsletter, Mailings, & Other Insuran 2,295 62 270 2,025 62 2.320 15 270 2,050 15 2,357 270 2.087 2,335 270 2,065 Totals 28,139 30.325 -2,187 23,380 23,615 -235 Balance bld 01109r23 Deficit Isurplus for the year Balanca clfwd 31108124 11,080 2,187 8,893 11,315 235 11,080 Bank Gurrent aGGount Bank deposit account 6,208 2.685 8.893 8,428 2,652 11.080 Note: Gift Aid daims of £4.597 in the period (2023: £3.500) have been allocated to the speafic fundraising they relate to. Approved by the Trustees on 2025 and signed on their behalf.
GVATEMALAN FAILIEs ASSOCIATIOII THE GUATEMALAN FAMILIES ASSOCIATION Reg CharityNo 1105241 Treasurer's Report on the Accounts for the 12 Months Ended 31st August 2024 The Accounts have been examined and signed by our Independent Examiner- Jo Benoy, CIPFA, and her report is attached. Comments on the accounts are below. Receipts Totsl receipts in the year were £28,139, an increase of 20% on the previou5 year. However part of this was due to receipts from the 2023 Special Appeal spilling into the current year. Wtthout these additional receipts l£1.808} the increase would have been 8%. The largest element of receipts was fundraising for our Guatemalan charities, which accounted for £22,940, through a COTnbination of regular donations and specific fundraisin8 campaigns. Regular donations were £13.347, including Gift d. and increased by 9%. Specific fundraising tampaigns raised a fvrther E9.594, mostly from the 2024 Special Appeal. but as covered above included £108 from the 2023 Special Appeal. The 2024 Cultural Weekend was held in Bristol in March and again the new fomiat was very successful. The weekend was largely self-funding. The balance of receipts came from membership subscriptions and the annual GFA calendar which was again popular and made a profrt of £323 (2023- £6381, although this does not include donations made when ordering the calendar of £270. Payments Total payments in the year were £30,325. an increase of 28% on the previous year {£23,615), largely due to the timing of payments to our Guatemalan charities. Outgoing Donatlons to our Guatemalan charities were £26.388. an increase of 23% on last year, partly due to the additional payments from the 2023 campaign being made in September 2024 (£3,920). In total we distributed £18,10412023.' £14.3591 to our first de5Tgnated charity. Aldea. and £8.28412023: ££7,032) to the second charty Los Patajos. two schoo15 in J(Otenang0. The Aldea figu includes some specific donation5 for that charity- all other donations are split two third5 to Aldea and one third to Los Pataj05. Over the last 20 years, the GFA has now sent over £415.0 to organisations in Guatemala which is something we can all be proud of. Overall the deficit of receipts over payments for the year was £2.187 {2023: deficit £2351. Bank Balances Bank balances totalled £8.893 as at 31 August 202412023: £11.080). Last yearfs balances were higher than normal as they included the addttional fundraising paid out in September. Bursary and Oasis Funds The GFA has set up two Bursary Funds to 5UPPOrt young adoptee5 travelling back to Guatemala and attendin8 GFA events in the UK. Two travel bursarie5 were paid in the year and at 31 August the Travel Bursary stood at £4.733 and the Event Bursary at £369. In addttion we hold a total of £337 from the money donated following the closure of OASIS, which is used to fund talks and attivities on inter-country adoption. General Financial Position The GFA'S financial position continues to be sound. We maintain reserves of approximately £3,OCK> to cover general running costs and spec1 payments. as well a5 £5.439 for the Bursary and Oasis funds. Sarah Moore. Treasurer 4 February 2025
GUATEblALAM FAMKIES ASSOOATION Registered c}rIty Numb¢r 1105241 Independent Examiner's Report to the of the Guatemalan Families Association I report on the accounts of the Association for the 12 months ended 31 Allgst 2024. Respective ruponsibilities of trnsteu and evdminer The charity's trust¢¢s are resnsIble for the prcparation of the accounts. The charity's trustees consid¢r that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an indcpendent examination is nee4led. It is my spOnsI7)lI1ty to: Examine the accounts (under section 43(3Ma) ofthe 1993 Act). To follow the procedures laid down in the General Directions given by the Charities Commissioners (under section 43(7Kb) of th¢ 1993 Act). and To state wheth¢r particular matt¢rs have come to my att¢ntion. Basis of independent examiner's report My examination was cTi out in accordance with the Gen¢rnl D1CtionS given by the Charity Commissioners. An examination includes a revi¢w of the accounting recor(b kept by the charity and a comparison of the &counts present¢d with those records. It also includes consideration of any unusual items or disclosures in the accounts, and se¢king explanations from you as trnstees concerning any such tnatters. The procedures undertak¢rA do not provi(k all the evidence that would be required in au audiL and cons¢quently I do not ¢xpress an audit opinion on the vi¢w given by the accounts. Indepelldent exydminer's statement In Connection with my examinatson. no matt¢r has come to my attention: (l) which gives me reasonable cause to be]iev¢ that in any material reSpt the requirements To ke¢p coUntIng records in accordanc¢ with section 41 of the 1993 Act" and To prepare accounts which accord with the acKounting records and comply with th¢ accounting requirfflients of the 1993 Act have not IKen met. or (2) to whic14 in my Opinio attention should be drnwn in order to ¢nable a proper widerstanding of the accOuS to reac1£ Name: Jo Benoy Address: 22 St Margaret's Drive. Henleaze, Bristol. BS9 4LW Date: .05.2f