2024-05-31-accounts

Trustees’ Annual Report for the period

From 01/06/2023 Period start date To 31/05/2024 Period end date

Charity name: ASOCIACIÓN DE PROFESIONALES ARGENTINOS EN EL REINO UNIDO- APARU

Charity registration number: 1106195

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To relieve people who are in need, advance education and preserve and protect the good health of people living in Argentina and expatriates of Argentina living in the United Kingdom by any charitable means which the trustees determine.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	- Grants to organisations: APARU organises fundraising events and activities throughout the year as well as collecting donations which proceeds are sent to two charitable organisations in Argentina that are selected every two years by the Executive Committee following a thorough selection process. Additionally, APARU offers a platform for the Argentine community in the UK to connect and nurture their personal and professional growth.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties. Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Every two years, APARU sponsors two projects carried out by Argentine charities. To do so, the Executive Committee appoints a group of members that: ● Reviews the selection criteria. ● Communicates the opportunity to charities in Argentina ● Receives and processes applications ● Analyses applications ● Submits a shortlist of projects to be voted on by the wide group of APARU’s volunteers. ● Presents a final proposal for approval of the Executive Committee.

		Every year APARU transfers half of its profits to each of the selected charities in Argentina. At the end of each year, each of them must report the progress made on their projects and explain how the funds had been used.
Policy on social investment including program related investment	Para 1.38	APARU’s Executive Committee decides on what activities and events invest on, in line with our main focus areas of support for the local community: Argentine topics and celebrations, practical information for and from Argentinians, Sport challenges and general personal/ professional development
Contribution made by volunteers	Para 1.38	APARU does not have any paid employees and all its work is performed by trustees and volunteers (unpaid). Volunteers are not expected to make any financial contribution but to contribute with their time. They worked on the organization of events, creation of communication and social media campaigns, selection and implementation of sport related fundraising campaigns, contact with our Sponsored charities as well as internal and administrative work. They also develop relationships with new donors, sponsors, venues and bring to APARU new potential members.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Funds raised in 2022/2023 and transferred in 20232024: To Fundacion San Genaro GBP 4,690 The project we sponsored provides medical attention in 20 vulnerable communities in Santiago del Estero, a province in Northern Argentina and one of the poorest in the country. At least once a year, a group of doctors visit these communities, so that the local rural population don’t have the need to travel to urban areas to seek medical advice and get primary care. To Fundación Horizonte de Maxima GBP 4,690 In Argentina, 15% of the population lack access to a proper toilet inside their home. The project we sponsor aims to reach at least 12 vulnerable families to improve their housing conditions and their access to basic hygiene. Installed by a team of volunteers with the involvement of the neighbours and direct beneficiaries, the pre-built and easy-to-assemble sanitary modules comprise cold and hot water piping, drainage and electrical wiring, separate kitchen and toilet sinks, toilet bowl, shower and boiler.

Other achievements:

1. WE WON THE CHARITY GOVERNANCE AWARD 2024 in the category of Improving Impact – Small Charity (0-3 paid staff) for the results of our change of strategy.

2. Held 2 Away Days for our teams to work on strategic definitions: Spring in Brighton and Autumn in Cambridge.

3. Our calendar of social, professional and sports events included new ones - like financial topics for migrants, Borges, Peña del 25 de mayo and Swim the Serpentine- London Ride- and kept others that have become “traditions” such as Friends Day and Christmas “the argentine way” and our annual raffle 4. Hold the 1st Argentine Pride Fest in UK. 5. Hold 12 monthly meetings of the Executive Committee, alternating between online and face-to-face meetings. 6. Participated in events organised by other institutions, broadening our reach. 7. Continued to improve and maintain our presence and engagement on Social Media, mainly Instagram, Linkedin and email. We also strengthened our collaboration with other associations via cross promotion of our events in social media (AAS, Arenin, Argentinos en UK, etc) 8. Continued using software to improve our operations (i.e. Slack,Trello, Wix, MailChimp and Google Suite). 9. Reviewed our organigram, making some changes that better represented the way in which the work is carried out by out Trustees and teams of volunteers:Impacto local and Impacto argentino 10. Continued with the onboarding process for new members, holding more than 10 meetings. 11. Kept updated and improved the new official website. 12. Maintained a productive and continuous relationship with the 2 sponsored charities and sent £4,690 to each of them.13. Ran the 2nd round of the first mentoring program for and by Argentine women in the UK, that allowed 22 pairs to get in contact through meaningful conversations (57% increased from previous year) 14. Implemented our APARU Big Argentine RAffle which was drawn during a successful Argentine Peña 15. Participated in the Swim Serpentine challenge for the first time with 2 participants fundraising for APARU. 16. Executed our first online mental health campaign by Argentine professionals on the field 17. Launched Argentina sin Fronteras, a programme aimed at exchanging learning between people in the UK and Argentina

4. Performed a Diversity Survey among our members and published results, as a first step towards improving DEI at APARU.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set	Para 1.41	No financial objectives had been set but net profit made was good. Turnover of focus towards more emphasis in developing the sense of local community and through that, fundraise for the Argentine causes. Income of £25,067. On other areas, we worked on 3 big topics: - reinforce governance: good progress - strengthen the leadership team and working processes: some progress - expand sources of funds/ income: good progress
Performance of fundraising activities against objectives set	Para 1.41	Performance compared to previous year: 10% decrease in income from events’ fundraising 55% increase in total donations - 13% net increase in total income Fixed costs are kept to the minimum. Variable costs are assigned to each corresponding event.
Investment performance against objectives	Para 1.41	N/A
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	£17,418.93 solid position (includes reserves)
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	APARU doesn’t have a written policy on reserves but as a practice we keep 5% of the final net profit as such every year.
Amount of reserves held	Para 1.22	£9,265 (*Assumes all other cash as of 31/05/2024 is reserves)
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	No funds materially in deficit.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No concerns apart from the availability of enough volunteers contributing their time and work to the organization

Additional information (optional)

Additional information (optional)	Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Principal sources of funds ● Fundraising events organised by APARU and participation in sponsored sports events: £14,321 (more received after the end of fiscal period) ● Donations received from the public and All Funds Bank: £9,628 ● Income from raffle: £1,510 (included in Fundraising) Fixed costs are kept to the minimum. Variable costs are assigned to each corresponding event.
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	Main risks come from the contact with the public and errors or accidents that could happen while carrying out our fundraising events or in the administration of the charity. For the first time in APARU’s history, a Charity Insurance policy was bought in this fiscal year.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Association
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are elected by APARU’s Members at the General Meeting

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	After trustees are elected in the AGM, they must fill and sign the “Acceptance of the role of member of the Board of Trustee” document. In the document each trustee confirms their personal details, and capacity to assume the role, describing their suitability, skills and experience to perform the role. Then new trustees are asked to familiarise themselves with the following documents: - The charity’s constitution. - The Essential Trustee CC3 - Charities and FundraisingCC20

		- Public Benefit: the public benefit requirement PB1
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The organisation was structured with the following roles: ● Chair ● Vice Chair ● Treasurer ● Secretary / Operations Lead ● Communications Lead ● Argentine Impact Lead ● Local Impact Lead ● Public Relations Coordinator ● New Members’ Induction Coordinator ● Website Developer APARU has got a relationship to the following Argentine-related organisations in the UK: - Anglo Argentine Society - Embassy of Argentina in the UK - Canning Club/ Canning House - ARenIN - Globant - CORACE
Relationship with any related parties	Para 1.51	N/A
Other

Reference and Administrative details

Charity name	ASOCIACIÓN DE PROFESIONALES ARGENTINOS EN EL REINO UNIDO
Other name the charity uses	APARU
Registered charity number	1106195
Charity’s principal address	65 Brook St. London, England. United Kingdon W1K 4AH

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Dates acted if not for whole year
1	NAHUEL SALUZZIO	CHAIR	29/06/2023
2	MARIA VIRGINIA ALEMANDI	VICE CHAIR	29/06/2023
3	ANA CAROLINA SANTOS	SECRETARY	29/06/2023
4	GERMAN CAPELLINO	TREASURER	29/06/2023
5	ANDREINA TURLETTI	VOCAL	29/06/2023
6	LILIANA TIEDEMANN	VOCAL	29/06/2023
7	VALERIA PERASSO	VOCAL	29/06/2023

8	DOLORES LAURINO	VOCAL	29/06/2023
9	EMMANUEL CASTILLO	VOCAL	29/06/2023
10	RUTH CAREAGA	VOCAL	29/06/2023
11	LARISA AMBROGGIO	VOCAL	29/06/2023

Name of person (or body) entitled to appoint trustee (if any) N/A IN ANY CASE

– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser N/A

Name of chief executive or names of senior staff members (Optional information) N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

NONE

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

----- Start of picture text -----
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) [MARIA VIRGINIA ALEMANDI ]
Po Andreina Clara Turletti
Position (eg CHAIR VOCAL
Secretary, Chair,
etc)
Date
15/03/2025 10/03/2025
----- End of picture text -----

Confidential#

APARU 2023/24 Charity Comission Accounts

A1 Receipts Donations Fundraising Events Other Receipts HMRC Gift Aid A3 Payments Grants and Donations Paid Cost of fundraising events Cost of charitable activities Bank Charges Other Charges	Barclays 9,627.56 14,321.02 153.39 964.79 25,066.76 9,380.00 13,198.85 1,694.34 30.00 143.40 24,446.59	TOTAL (to insert in PDF) 9,628 14,321 153 965 25,067 9,380 13,199 1,694 30 143 24,447
Net Cash for the Year	620.17	620
Net Net of receipts/(payments) A5 Transfer Between Funds A6 Cash Funds BoP Cash Funds EoP B1 Cash Funds Barclays Control	- 16,798.76 17,418.93 17,418.93 17,418.93 TRUE	- 16,799 17,419 620 17,419 17,419 TRUE

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees

Charity Name Asociacion de Profesionales Argentinos en el Reino Unido -APARU

On accounts for the year 31-05-2024 Charity no 1106195 ended (if any) Set out on pages 2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31-05-2024 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”) .

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent

examiner's statement[I have no concerns and have come across no other matters in connection ] with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 23-03-2025 Name: Sergio Brignone Relevant professional PhD in Electrical Engineer with minor in Economics. Worked 20 years in qualification(s) or body finance as Trader and Market Analyst. (if any):

Address: Flat 1202. 34 Lombard Road. London SW11 3RY

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

1

Oct 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER