## **2024 Annual Report + Financial Statements** 

## **GlobalGiving UK** 

# **Here’s what you + the GlobalGiving community achieved in 2024** 

Photo: Union of Relief and Development Associations 



GLOBALGIVING UK
(Company limited by guarantee no. 05824642. registered charity no. 1122823)
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 December 2024
CONTENTS
Page
Annual Impact Report. including Chief Executive Officer's Forward
GlobalGiving UK Board of Trustees, Report
23
Legal and administrative information
33
Independent Auditors, Report
34
Statement Of Financial Activities
38
Balance Sheet
39
Cash Flow Statement
40
Notes to the financial statements
41

## Annual Impact Report 

## Thank you 

In a year marked by expanding crises, deepening divides and urgent calls for change, your hope for a better world was a guiding light. **Let’s revisit the powerful stories that you helped make possible.** 

**OUR MISSION IS TO** transform aid and philanthropy to accelerate community-led change. 


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Our CEO, Alex Ritchie, shares key insights from 2024 and her vision for 2025 and beyond. 

The spirit of generosity continues to drive meaningful change across the world, and 2024 proved this once again. Thanks to your unwavering support, we were able to deliver hope and resources to communities navigating disasters, inequity and persistent humanitarian crises. I am deeply grateful for your trust and commitment to making a difference. 

While the generosity of our incredible donor community continues to shine, the charitable sector faces a critical moment. 

Government cuts to international aid and a rapidly shifting geopolitical landscape are stretching frontline organisations to their limits. As conflicts and climate-related disasters rise, vulnerable and marginalised communities are disproportionately affected. The gap left by declining government support is critical, but it is one we can bridge together. Philanthropy has the power to sustain and scale the work of grassroots organisations making real change in communities worldwide, and we will continue to build these bridges in 2025. 

A big moment for us this year was hosting our first in-person event since Covid—a Women in Tech + Philanthropy gathering at AllBright Townhouse. It was an honour to bring together such an inspiring group of women. We also launched our new Strategic Communications function, boosting GlobalGiving UK’s visibility, as you’ll see reflected in media coverage featured throughout this report. 

**Looking ahead, 2025 marks an exciting new chapter as we accelerate towards GlobalGiving’s 2030 Ambition, with plans to expand into Europe, starting with France and Germany, diversify our income streams, and drive innovation.** 

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By scaling our brand, deepening engagement with incredible donors like you, and growing our market share, we aim to enable even greater impact for our global nonprofit partners. Strategic communications, donor cultivation and the growth of our nonprofit network will be key to achieving this vision. At the same time, we’re refining our products and services to meet the evolving needs of the markets we serve, ensuring GlobalGiving remains a trusted partner for donors and local change leaders alike. 

Building on our strong track record in the UK, this next chapter aligns with GlobalGiving’s wider ambitions—from tech modernisation to product innovation and community-driven change. Together, we’re building a movement of generosity across the UK, Europe and beyond, one that breaks down traditional aid barriers and delivers flexible, trust-based funding where it’s needed most. 

As we step into 2025, I invite you to join us in reaching new heights. With your continued partnership, we can turn bold ambitions into reality and shape a decade defined by generosity and impact. 

**Thank you for being an essential and truly valued part of this journey.** 

With gratitude, 

Alex Ritchie CEO, GlobalGiving UK 

**GlobalGiving UK and GlobalGiving Foundation work in partnership. In this report, references to GlobalGiving UK indicate UK contributions, while mentions of GlobalGiving include the collective impact of GlobalGiving UK and the GlobalGiving Foundation.** 



# What GlobalGiving UK accomplished with your support in 

2024 **£2.26M £1.88M £380K** total donations individual + corporate raised major donors donations 2,471 projects + 1,449 organisations were supported via GlobalGiving UK in 2024. Top causes that inspired generosity in the UK: 

**The subsequent pages, from page 7 to page 22, describe the collective impact of GlobalGiving UK and the GlobalGiving Foundation.** 



## A trusted partner from disaster to recovery 


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## With your help, GlobalGiving was able to... 

Respond to 

71 new disasters and crises around the world in 2024 

Raise over 

£12 million 

for life-saving assistance and longterm support for survivors of conflict, mass displacement, wildfires, hurricanes and other crises 

In 2024, the frequency and intensity of global disasters surged, with the world experiencing its hottest year on record and a devastating combination of climate emergencies and armed conflicts. Research from GlobalGiving underscores a critical point: while technology has helped reduce overall disaster fatalities, underserved communities the most at risk continue to suffer disproportionately in and after times of disaster and crisis. 

**READ THE RESEARCH** 

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## Stories of impact 

> Photo: Fundación Ayuda Una Familia (Help a Family Ee ner Wee eee Foundation) 

## Solidarity flooding through Europe 

In 2024, Europe was hit by devastating floods, with Storm Boris and other extreme weather events wreaking havoc across the continent. Spain’s Valencia region was among the hardest hit, with homes submerged and thousands displaced. Through the Spain Flood Relief Fund, GlobalGiving was able to send 18 grants to 9 high-impact and community-led nonprofits at the forefront of this crisis. 

In response, Fundación Ayuda Una Familia (Help a Family Foundation) quickly mobilised, providing 3,000 meals daily in five flood-affected towns. For families who lost their homes and livelihoods, these meals offered more than nourishment. They were stability amid the chaos. 

As climate-impacted disasters rise, organisations like Fundación Ayuda Una Familia ensure that no community faces these challenges alone. This Fund was featured in Philea and our Storm Boris Relief Fund appeared in Time Out. 

We have now produced around 60,000 meals for the flooded area with the help of some 300 volunteer cooks. We still believe we will need to produce hot meals at this level for a further two to three months while local infrastructure is restored.” 

— Fundación Ayuda Una Familia (Help a Family Foundation) 

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## Packaging Impact: Klöckner Pentaplast and GlobalGiving in Action 

Klöckner Pentaplast is going beyond business as usual, donating over €13.5K to support communities affected by disasters, including hurricanes in the US and floods in Spain and Poland. 

This contribution reflects their 

commitment to making a difference in partnership with GlobalGiving, ensuring support reaches communities affected by critical disasters 


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Together, we’re providing vital funding to help communities rebuild and recover from these disasters—turning shared purpose into meaningful action. 

## Local actions brought hope across South Asia 

In early August 2024, massive floods swept across South Asia displacing tens of thousands of community members, and claiming the lives of more than 130 people. Among the countries most affected were Pakistan, Bangladesh and Nepal. 

particularly women and girls in hard to reach areas. In 2024, GlobalGiving distributed almost £11,000 through the South Asia Flood Relief Fund to four impactful organisations responding to this crisis. 

In response to the floods, GlobalGiving partners jumped into action to meet survivors' immediate needs while gearing up for the long road to recovery ahead. Founded in the wake of the 2008 Pakistan earthquake, Network for Human and Social Development (NHSD) quickly mobilised, distributing and sending emergency boats to reach people stranded by the waters in Pakistan. Similarly, Women Awareness Center, Nepal (WACN) delivered food and clean drinking water to impacted communities, 


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## Middle East Crisis Relief Fund 

Photo: Anera 


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What makes GlobalGiving’s disaster response work different is our focus on sharing power and listening to local nonprofit organisations, eliminating barriers to equitable disaster relief and recovery, and centering our work in strong, trust-based relationships. 

The humanitarian crisis in Gaza, Lebanon and the surrounding region worsened dramatically in 2024, with escalating violence, mass displacement and catastrophic shortages of food, water, and medical supplies. Tens of thousands of lives were lost, and countless families were displaced. 

In response, GlobalGiving supported affected communities through the Middle East Crisis Relief Fund. 

**In 2024 GlobalGiving disbursed £12M to 30 local organisations** working to support the communities most affected by this crisis, through immediate relief and long term recovery. 

**LEARN MORE ABOUT OUR APPROACH TO DISASTER RESPONSE** 

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## Delivering dignity in the Middle East 

Amid the devastation, GlobalGiving partner Anera has distributed over 14 million meals to Palestinians across Gaza, ensuring that families facing food insecurity don’t go hungry. Recognising the urgent need for essentials, Anera also provided nearly 30,000 hygiene kits, helping communities maintain dignity and health in the most challenging conditions. Satellite images from July 2024 reveal that more than 60% of Gaza’s farmland has been destroyed by Israeli bombardment, crippling the territory’s ability to produce food. 

Sieges of cities like Jenin also left Palestinians without food, water or electricity for days on end. In areas where healthcare is scarce, Anera’s pop-up clinics have become a lifeline, delivering millions of medical treatments to those in desperate need. Whether it’s a warm meal, critical hygiene supplies or life-saving medical care, Anera’s work is a testament to the power of swift, compassionate action in times of crisis. 

I want to help others while waiting for the war to end and for life to return to how it was. I long to live in peace and security, just like people all around the world.” 

— Mrs. Najah, a Palestinian refugee, grandmother, and humanitarian aid worker for Rebuilding Alliance 

**READ MORE STORIES OF IMPACT FROM PALESTINE** 

While individual crises are highlighted here, it's important to recognise that humanitarian crises and sudden-onset disasters are often interconnected. Sudden disasters can escalate existing humanitarian emergencies, while ongoing crises make it harder for communities to respond to new challenges. This overlap creates complex vulnerabilities that require a flexible response. 

**At GlobalGiving, we understand the need to adapt to both immediate and long-term needs, ensuring our support evolves alongside the crisis as it unfolds.** 

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_Local responses to the global famine crisis_ 

## Seeds of Hope 


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Despite a world abundant in food, 733 million people still go hungry. Not due to scarcity, but because of broken systems, violent conflict and inequitable access. Yet, hope endures. 

Communities are focused on building peace, strengthening local food systems, creating sustainable livelihoods and driving systemic change. 

Once thought to be a natural disaster, famines are now understood to be shaped by human actions and socio-political factors. 

Despite immense challenges, local communities are powerful sources of knowledge and strength adapting to displacement, famine and adversity while prioritising their families and securing vital resources. 

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Haiti Afghanistan Haiti’s humanitarian crisis is anticipated to worsen in 2025, Afghanistan continues to experience one of the world’s most driven by gang violence, internal displacement and recurring severe humanitarian crises. Over 14.8 million Afghans are sudden-onset disasters. As of January 2025 2 million Haitians expected to face severe food insecurity between November are estimated to be facing an emergency food insecurity level 2024 and March 2025, worsened by frequent sudden-onset while 5.4 million people, half of the population, are severely disasters. In 2024 alone, 33 out of 34 provinces were struck food insecure. Without increased peace, stability and food by environmental disaster, including earthquakes, flooding, access across the country, food insecurity and famine-like drought, landslides and avalanches. conditions will swell across the country. 

Since launching the Haiti Crisis Relief Fund in 2022, GlobalGiving has awarded flexible grants to Haitian-led partners supporting communities impacted by violence, displacement, sudden onset disasters, and famine-like conditions. Throughout five grant rounds, partners have been able to address the needs of their communities despite an increasingly difficult operational context. 

In 2024, GlobalGiving raised over £40,000 for the Afghanistan Emergency Fund to support partners assisting internally displaced people, minorities and women and girls in Afghanistan, as well as Afghan refugees abroad. Since the Taliban takeover in August 2021, GlobalGiving has distributed more than £1.1M in aid through this Fund. 


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Photo: Strategic Initiative for Women in the Horn of Africa (SIHA Network) Peal Stam, eh At GlobalGiving we have long standing “4 CE ‘ Sudan Disaster Funds helping to support our partners in Haiti, Afghanistan, Sudan Sudan is facing an unprecedented hunger crisis, with millions of people struggling due to ongoing conflict that and other areas affected by famine as has devastated livelihoods and supply chains. A total of 24.6 million people (around half the population) are they work on food security, acutely food insecure, while 638,000 - the highest peacebuilding, livelihoods and disaster anywhere in the world - face catastrophic levels of hunger. response. Through the GlobalGiving East Africa Hunger Relief Fund our partners are supporting immediate and long-term recovery for those facing acute hunger in East Africa. In **Read some stories of change from** 2024, this Fund disbursed almost £95,000 to 12 community-led organisations working across East Africa. **our partners in affected regions...** 13 



## Stories of Change 

## Breaking barriers in Afghanistan 

In the heart of Afghanistan, where education for girls above Year 7 remains forbidden due to Taliban edicts, GlobalGiving partner, Sahar Education, is creating opportunities that change lives. Through trusted local partners, Sahar provides girls and women in Mazar-i-Sharif and Kabul with vital skills in English, IT, coding and tailoring, alongside training in women’s empowerment, literacy and health. 

## Waves of change in Ethiopia 

Photo: Ebrahim Noroozi / Associated Press 

In many parts of Ethiopia, access to clean water and nutritious food remains a daily challenge. GlobalGiving partner, Tiruzer Ethiopia for Africa (TEA), is working to change that by building water wells and supporting communities in growing reliable food sources. Beyond water and agriculture, TEA is expanding its efforts in Tigray, focusing on primary education, health care and sanitation. The organisation is also supporting rehabilitation and peacebuilding efforts, helping communities rebuild and move forward. 

Photo: Tiruzer Ethiopia for Africa (TEA) 

Thank you once again for standing with us in this critical time. Your support not only strengthens our ability to respond but also brings hope and resilience to the affected communities we serve.” 

— South Sudan Grassroots Initiative for Development’s project leader, Romano 



## Beyond the Headlines 

## _Shining a spotlight on overlooked crises_ 

Photo: ActionAid USA 

## Thanks to UK donors, 

we contributed almost £500K to over 300 vetted nonprofit organisations on the frontlines of serving overlooked and underfunded communities at times of crisis. 

Overlooked and underfunded crises continue to persist long after the headlines fade, leaving communities to rebuild without the support they need. 

At GlobalGiving, we’re committed to shining a light on these neglected areas, ensuring that help reaches local organisations addressing urgent, ongoing needs long after the media attention has shifted. 

The lack of focus on many global crises is rooted in deep inequities, often tied to colonial and racial legacies. Media coverage has historically favoured certain regions, leaving the struggles of marginalised communities underreported. 

By challenging these biases and amplifying the voices of those most affected, we can drive more equitable coverage and meaningful action to support the communities already leading change. 



## GlobalGiving’s Hope in Crisis Fund 


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In 2024, this Fund supported 6 local nonprofits across Myanmar and the Democratic Republic of the Congo, two regions facing underreported crises, with grants totalling £220,000. 

GlobalGiving’s Hope in Crisis Fund was created to bridge the gap for communities affected by crises that are often ignored or forgotten. Millions of people around the world endure armed conflict, famine, persecution and climate-change induced disasters that rarely make headlines in mainstream media, leaving basic needs unmet and amplifying the devastating impact on vulnerable families. 

Through this Fund, GlobalGiving supports local, vetted organisations to deliver immediate and long-term support to these communities, ensuring your generosity creates lasting change. With a justice-based, reparative approach, we aim to not just meet urgent needs but enable these communities to rebuild and thrive. 

This grant will be pivotal in advancing our work in empowering vulnerable women and girls in conflict-prone areas of the DRC.” 

— Wangechi Githaiga, Fonds pour les Femmes Congolaises 



## Stories of Hope 

## Rising from oppression 

In the face of ongoing violence and systematic marginalisation, refugee-led organisations are stepping up to support their own communities. With backing from GlobalGiving, regional partner Foundation for the Rights of Disadvantaged Populations (APRRN) is resourcing and coordinating with three refugee and internally displaced community groups to provide emergency aid, shelter and documentation of human rights abuses across Myanmar. 

Photo: Foundation for the Photo: Foundation for theRights of Disadvantaged Populations (dba APRRN)Rights of Disadvantaged Populations (dba APRRN)e 

## From crisis to cultivation 

In the heart of Fizi, Democratic Republic of Congo, where communities face daily challenges to secure basic needs, GlobalGiving partner Mleci ASBL is making a life-changing impact. They’re reaching 300 households with food, essential supplies and tools for long-term growth. By building two new pump wells, Mleci is providing reliable clean water, while distributing seeds and agricultural tools helping families grow nutritious food and rebuild their livelihoods. 

Photo: Terra Renaissance 

GlobalGiving is an answer, a solution for the underprivileged of the world, for the marginalised of the world, for the forgotten of the world, for the voiceless of the world.” 

— Mleci asbl 

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## Turning news into action 

## _Donor insights for social change_ 

In 2024, GlobalGiving UK secured media coverage in national and regional newspapers, reaching over 10 million people through combined circulation. A key focus of our coverage was showcasing the vital role of community-led initiatives in creating meaningful impact and change, while also highlighting how companies and donors can play a crucial part in making a difference throughout the world. 


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Photo: Yayasan Usaha Mulia (YUM) - Foundation for Noble Work In the Green Business Journal and Sustainable Business Magazine, our CEO, Alex Ritchie, highlights how companies can drive impactful change by incorporating community climate resilience into their corporate giving strategies. 

Senior Programme and Consortium Manager, Seema Kapoor, joins School for Peace in a conversation on the way philanthropy must focus on peace and justice through community change. 

Senior Associate for Disaster Response Allison Conroe and Director of Growth and Major Giving Catherine Crowfoot talk to Alliance Magazine about the critical need for investment in local expertise, particularly when it comes to disaster preparedness. 

We advocate for placing climate resilience and community empowerment at the heart of corporate giving; enabling local leaders and existing charities with the direct experience of an area to determine the best course of action.” 

- Alex Ritchie, CEO GlobalGiving UK 

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## The Psychology of Disaster Giving 

As part of GlobalGiving UK’s expanding communications activity, we launched a research project in April 2024, in partnership with Professor Hanna Zagefka, Head of Psychology at Royal Holloway University of London. The project aimed to explore attitudes and motivations behind charitable giving during times of disaster. A survey was conducted with 1,200 UK-based respondents aged 18 to 82. 




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Climate anxiety plays a role in giving 

Respondents with high climate anxiety are more motivated to donate to people affected by climate-impacted events 

## Age matters 

Young people aged 18-29: 

than older age groups 

Are more willing to personally contribute to climate causes than older age groups 


> Those who believe that employers have Corporate responsibility and disaster responsibility to donate to disaster relief: response 

> age 18-29 **73%** Younger generations are increasingly anxious 

> age 30-49 **56%** about climate change and see their employers 

> age 50+ **40%** having a responsibility to give to disaster relief, including climate related causes, in addition to governments and individuals 

Partnering with external experts like Professor Zagefka provided valuable insights into audience perceptions and enabled a multidisciplinary approach. This collaboration enriched the research, built brand awareness across sectors and helped to position us as a trusted voice in philanthropy. 

**READ THE FULL REPORT** 

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Thank you to our corporate partners and all donors for supporting our mission to **transform aid and philanthropy to accelerate** . **community-led change** 

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## Bibliography 

## Page 4 

https://www.visionofhumanity.org/global-number-of-natural-disasters-increases-ten-times/ 

- https://ourworldindata.org/the-world-has-become-more-resilient-to-disasters-but-investment-is-needed-to-savemore-lives 

## Page 7 

https://wmo.int/news/media-centre/wmo-confirms-2024-warmest-year-record-about-155degc-above-pre-industriallevel#:~:text=The%20World%20Meteorological%20Organization%20(WMO,streak%20of%20record%2Dbreaking%20t emperatures. 

https://www.globalgiving.org/learn/disaster-preparedness-illusion 

## Page 8 

https://www.globalgiving.org/disasters/ 

https://www.globalgiving.org/projects/spain-flood-relief-fund/reports/#menu 

## Page 9 

https://www.globalgiving.org/donate/99092/fundacion-ayuda-una-familia-help-a-family-foundation/ https://philea.eu/message-of-support-to-the-victims-of-the-flooding-in-central-europe/ 

https://www.timeout.com/news/where-are-the-floods-in-europe-latest-travel-advice-following-storm-boris-091624 

## Page 10 

https://www.globalgiving.org/learn/how-to-help-the-middle-east/ https://www.globalgiving.org/projects/middle-east-crisis-relief-fund/ https://www.globalgiving.org/donate/72677/anera/ 

- https://www.globalgiving.org/projects/middle-east-crisis-relief-fund/reports/? 

- pageNo=1#:~:text=Anera%20has%20distributed%20more%20than%2014%20million%20meals%20and%20nearly%2 

- 030%2C000%20hygiene%20kits%20to%20Palestinians%20across%20Gaza.%20The%20organization%20has%20also %20provided%20millions%20of%20medical%20treatments%20through%20its%20pop%2Dup%20clinics.%C2%A0 https://www.globalgiving.org/projects/middle-east-crisis-relief-fund/reports/? 

- pageNo=1#:~:text=Anera%20has%20distributed%20more%20than%2014%20million%20meals%20and%20nearly%2 030%2C000%20hygiene%20kits%20to%20Palestinians%20across%20Gaza. 

- https://www.theguardian.com/world/2024/nov/21/gaza-food-production-decimated-70-per-cent-farmland-hit 

- https://www.aljazeera.com/news/2024/9/1/lack-of-food-and-water-ambulances-blocked-as-israel-lays-siege-to-jenin 

## Page 11 

https://www.globalgiving.org/learn/help-in-gaza/ 

https://www.globalgiving.org/donate/82396/network-for-human-and-social-development-nhsd/ https://www.globalgiving.org/donate/324/women-awareness-center-nepal-wacn/ 

https://www.globalgiving.org/projects/south-asia-flood-relief-fund/#menu 

## Page 12 

https://www.actionagainsthunger.org/the-hunger-crisis/world-hunger-facts/ 

- https://www.npr.org/sections/goatsandsoda/2018/01/19/577659864/author-todays-famines-arent-as-bad-as-youthink-they-are 

https://www.globalgiving.org/learn/how-to-end-famine/ 

- https://www.globalgiving.org/learn/true-value-of-community-assets/ 

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## Page 13 

https://reliefweb.int/report/haiti/haiti-deepening-public-health-crisis-january- 

- 2025#:~:text=The%20crisis%20is%20expected%20to,end%20extreme%20violence%20are%20lacking. 

- https://reliefweb.int/report/haiti/haiti-food-insecurity-torrential-rains-destroy-80-crops-dg-echo-fao-fewsnet-echodaily-flash-6-january-2025 

- https://reliefweb.int/report/haiti/haiti-food-insecurity-torrential-rains-destroy-80-crops-dg-echo-fao-fewsnet-echodaily-flash-6-january-2025 

- https://www.globalgiving.org/projects/haiti-crisis-relief-fund/#menu 

- https://www.globalgiving.org/learn/haiti-crisis-how-to-help/ 

- https://www.ipcinfo.org/fileadmin/user_upload/ipcinfo/docs/IPC_Afghanistan_Acute_Food_Insec_Sept2024_Mar2025_ Report.pdf 

- https://www.globalgiving.org/projects/afghanistan-emergency-fund/ 

- https://www.globalgiving.org/learn/pashtana-durrani-on-gender-equality-in-afghanistan/ https://www.wfp.org/emergencies/sudan-emergency 

- https://www.globalgiving.org/projects/east-africa-hunger-relief-fund/#menu 

- https://www.globalgiving.org/learn/east-africa-hunger-crisis-fast-facts/ 

## Page 14 

https://www.globalgiving.org/projects/sahar-education/ 

https://www.globalgiving.org/donate/43150/tiruzer-ethiopia-for-africa-tea/ 

## Page 16 

https://www.globalgiving.org/projects/hope-in-crisis-fund/ 

## Page 17 

- https://www.globalgiving.org/donate/96989/foundation-for-the-rights-of-disadvantaged-populations/ https://www.globalgiving.org/donate/6086/mleci-asbl/ 

- https://www.globalgiving.org/projects/hope-in-crisis- 

- fund/reports/#menu:~:text=is%20assisting%20800%20households%20in%20Fizi%20by%20providing%20food%2C%2 0non%2Dfood%20items%2C%20and%20seeds.%20They%20are%20also%20digging%20two%20pump%20wells%20a nd%20distributing%20agricultural%20supplies%20to%20300%20households%20to%20ensure%20access%20to%20 water%20and%20nutritious%20food%20for%20those%20most%20vulnerable. 

## Page 18 

- https://greenbusinessjournal.co.uk/create-more-leaders-not-victims-in-climate-change-fight/ 

- https://sustainablebusinessmagazine.net/climatechange/community-led-climate-resilience/ 

- https://www.alliancemagazine.org/blog/rethinking-disaster-preparedness-the-critical-need-for-investment-in-localexpertise/ 

- https://www.globalgiving.org/projects/school-for-peace/ 

- https://www.alliancemagazine.org/blog/peace-must-begin-and-end-with-community-learnings-from-konektor-2024/ 

## Page 20 

https://hs.globalgiving.org/psychology-disaster-giving 

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# GlobalGiving UK Board of Trustees Report 



## Trustees’ Report 

The Trustees (who are also Directors of the charity for the purposes of the Companies Act) present their annual report together with the audited financial statements of GlobalGiving UK (the company) for the year ended 31 December 2024, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. 

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and the Republic of Ireland (FRS 102) (Second edition) (effective 1 January, 2015). 

This Report covers the period 1 January – 31 December 2024. 

## Structure, Governance and Management **a. Constitution** 

Our principal activity, working in partnership with GlobalGiving Foundation (based in the USA), is to help nonprofits thrive by providing a platform to fundraise, connect with donors and other nonprofits, and gain resources, skills, and knowledge to more effectively support their communities. 

_GlobalGiving UK is also referred to as "GGUK". GlobalGiving Foundation which is the sole member of GlobalGiving UK is also referred to as "GGF". GlobalGiving UK and GlobalGiving Foundation are collectively referred to as "GlobalGiving"._ 

The company is constituted under a Memorandum of Association dated 22 May 2006 and is a registered charity, number 1122823. The Memorandum and Articles of Association were reviewed, updated and signed on 27 March 2017 which has enabled GGUK and GGF to move to a global governance and operational structure. Independent legal advice was provided during this process to ensure we complied with Charity Law for England & Wales. 

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GGUK’s charitable objectives are to advance any purpose which is deemed to be exclusively charitable under English law. 

GlobalGiving uses digital technology to connect world citizens (individuals, nonprofits and companies); enabling donors to give, with confidence, to vetted nonprofits all over the world; giving nonprofits access to networks, resources (financial and human), training and data to improve their work; so aid flows more efficiently and effectively than ever before. Through these channels, we help donors, nonprofits and those they serve, to thrive. 

All charitable organisations are vetted before their projects appear on the website; donations through GGUK are accepted in Pounds Sterling, Euros and US Dollars. 

## **b. Method of appointment or election of Trustees** 

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association filed on 27th March 2017. As we continue to grow as an organisation we will assess the capabilities and skills of the Trustee board in-line with the organisation’s needs, and look to add and/or replace board members as needed. 

## **c. Process for the induction and training of Trustees** 

On joining the board, new Trustees are provided with a thorough induction process, including a board pack detailing all relevant aspects of the organisation. They are invited to attend training and development opportunities as appropriate. We are grateful for all our current and past Board members for the time, expertise and insight they bring to GGUK. 

Having acted as the Interim Chairperson for the GGUK Board of Trustees throughout 2023, Dr Anthony House was appointed as full Chairperson in March 2024. 

## **d. Organisational structure and decision making** 

GGUK is a Company Limited by Guarantee and a registered charity with the Charity Commission for England and Wales. Its sole member is GGF - a nonprofit and 501(c)(3) organisation registered in Delaware, USA. In the event of the company being wound up, the member agrees to contribute an amount not exceeding £1. 

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The GGUK Board is responsible for the overall management of the charitable company. Under a Collaborative Working Agreement with GGF, two UK Board members are Directors of GGF and attend the Global Board meetings. 

Board approval is sought for any operational spending above £20,000. Dual authorisation is in place for all payments made by the Charity. GGUK’s Chief Executive Officer or Director of Operations must approve all payments made directly by the Charity. This includes approval for grant disbursements either made to partner charities or to GGF. 

_Other key financial controls include:_ 

1. A strategic plan and annual budget approved by the Trustees 

2. Regular reviews of financial position and variances against budget 

3. Delegation of day-to-day management authority and duties 

4. Controls on individual expenditure decisions by the Chief Executive Officer and individual Trustees 

## **e. Relationship between GGUK and GGF** 

GGUK works in close partnership with GGF, a nonprofit and 501(c)(3) organisation registered in Delaware, USA. This partnership is guided by and pursuant to a Collaborative Working Agreement, which was signed between both organisations in March 2017. Under this agreement GGUK and GGF work together on the development and implementation of a global strategy and share resources and expertise. Both organisations are registered as independent entities and are governed by their relevant board of Trustees / Directors. GGUK and GGF are collectively referred to as GlobalGiving. 

The donations raised by GGUK are ultimately disbursed to nonprofits across the globe by GGF on a monthly basis, subject to relevant control and oversight by GGUK. Both organisations collect and reconcile donations by maintaining separate and independent bank accounts and financial accounting systems. All donations raised by GGUK are collected either through online donations made through the website, BACS or cheques that are deposited into bank accounts maintained by GGUK. Both entities share a unified online presence through www.globalgiving.org, which is managed and supported by GGF. GGUK has no control over or direct access to funds raised by GGF. 

26 



## **f. Risk Management** 

Further to previous and ongoing risk assessments, the high impact risk prioritised in 2024 continued to be related to financial impact due to global economic and political uncertainty. To mitigate against this risk in 2024, and like in the previous year, GGUK continued to invest in brand building and Major Donor fundraising resources. The charity also aimed to maintain operational reserves equivalent to 9 months' costs, and results relative to this target for the period covered by this report are discussed in more detail below. More widely, GGUK maintained an overall risk register covering key operational and financial risks. 

## **g. Going Concern** 

The Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. 

## **h. Governance and Compliance** 

**Data Protection:** GGUK continued to protect user data in 2024. Throughout the year, all new staff and long-term contractors completed IT security training as part of their induction, and signed to confirm their understanding of, and agreement to abide by, our "Information and Technology Security Policy". This policy has the necessary technical standards and business processes to ensure that the data is secure. All existing staff and long-term contractors were also required to complete additional, periodic training on specific IT security topics during 2024. 

Throughout 2024, and pursuant to the EU and UK GDPR, GGUK and GGF operated pursuant to a data sharing agreement that was signed between the entities in November of the previous year. This data sharing agreement builds on the original Data Protection clause contained in their 2017 Collaborative Working Agreement. 

For individuals in the European Union, GlobalGiving UK continued to work with EDPO - Belgium as the representative in the European Union pursuant to Article 27 of the GDPR. 

27 



**Cyber Security:** GGUK takes cyber security very seriously. On GGUK’s behalf, GGF invests in software, firewalls and various digital tools towards protecting our systems from hackers, terrorists and others. GlobalGiving provides security training to its staff and contractors and has clear policies on confidentiality. This is an ever-evolving field and GlobalGiving invests, within its resource constraints, in the learning and technology available to protect our charitable work, partners and donors. 

**Safeguarding:** GGUK is committed to conducting work in a manner that is safe for all of our partners, their communities, constituents and any vulnerable person. The charity expects its staff members to share this commitment to safeguarding. Until September 2024, all new staff and long-term contractors completed existing safeguarding training as part of their induction, and signed to confirm their understanding of, and agreement to abide by, our existing Safeguarding Policy. 

Then, in September 2024, and following the approval of an updated Safeguarding Policy, all existing staff and long-term contractors completed updated training, and once again signed to confirm their understanding of, and agreement to abide by, the updated policy. This updated training material then replaced the content used when inducting all new staff and long-term contractors moving forward. 

There were no safeguarding incidents related to staff or contractors (that we have been made aware of) during the period covered by this report. 

**Grant Making:** GGUK adheres to the grant making policy implemented across the global organisation. The Grants Team at GlobalGiving adopts a grants management lifecycle approach to managing its programs. This approach is effective because it recognises the interconnectedness of each phase of the grant making process and the continuous nature of grant management activities. From award through implementation and monitoring, each phase feeds the results back into future grant making considerations. 

As an entity serving the public good, GlobalGiving has both ethical as well as legal obligations to conduct its grant making in a manner that is accountable and transparent to its constituents. Financial transparency also helps preserve the trust GlobalGiving’s funding partners place in our organisation. 

28 



Stewardship of grant funds is a responsibility that is shared between GlobalGiving and its grantees. GlobalGiving has oversight and monitoring responsibilities to ensure compliance with applicable regulations and the terms and conditions specific to each grant it awards. Likewise, grantees have an obligation to thoroughly understand and adhere to the terms and conditions of their grant awards, along with relevant regulations and GlobalGiving guidance. The lifecycle of grant making involves the following stages: 

- Preparing for grant programme launch 

- Grantee Engagement 

- Grantee referrals and application support 

- Receiving Grant applications 

- Proposal review 

- Award process 

- Post-Award: Funds Disbursements, Monitoring & Reporting and Amendments Close-out 

**Fundraising Regulator:** GGUK continues to be registered with the Fundraising Regulator and adheres to the latest guidelines and code of ethical fundraising practices issued by the regulatory body from time to time. 

**Leadership and Team:** The GGUK team is led by its CEO, Alexandra (Alex) Ritchie. Across 2024 as a whole the UK team consisted of an average of 15.5 permanent employees. There were also three staff on fixed-terms contracts, and one contractor, working with the charity during the year. 

During 2024, one permanent and one fixed-term employee left their positions, and one fixed-term employee transitioned into a permanent contract. In the same period, one new permanent and one new fixed-term new employee joined the team. As a small team, GGUK has developed policies and practices to ensure well-planned staff transitions, and staff retention was maintained at 87.5% throughout the year. 

GGUK has also strengthened its leadership team by elevating its previous Associate Director of Marketing and Communication role into a Director of Strategic Communications position. This new position was successfully filled on a fixed-term basis in June 2024. 

**Key Management Pay:** The salary for key management is decided by the Trustees taking into account the skills and experience required, the management responsibilities, the  overall budget constraints and a view of what is appropriate as compared to similar roles in the sector in which we work. 

29 



**Public Benefit:** The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. 

**Reserves & Investment Policy:** GGUK’s reserves policy targets a minimum operating reserve of nine (9) months. The purpose of this operating reserve for GGUK is to build and maintain an adequate level of unrestricted net assets to support the organisation’s day-to-day operations in the event of unforeseen shortfalls. The reserve may also be used for one-time, nonrecurring expenses that will build long-term capacity as agreed by the board of Trustees, such as staff development, research and development, or investment in infrastructure. At the end of 2024 GGUK had operating reserves equivalent to 4.4 month’s operating costs. The reasons for this, and the mitigating circumstances are described more fully in the “2024 Finance Narrative” section below. 

## Racial, Equity, Diversity and Inclusion (REDI) 

Racial Justice and Equity, Diversity and Inclusion is a critical focus for GGUK and continues to be a global organisational priority. The vision and strategy for REDI at GlobalGiving includes priorities focused on staff and manager training and development, external relations and communications, and programme design. GlobalGiving aspires to continue to be equity-centred in every aspect of the organisation. 

In 2024 GlobalGiving ran 2 all-staff programmes to support its REDI vision, strategy and aspirations: 

- **An Employee Resource Group:** this is a voluntary, employee-led group whose aims are to foster an increased sense of belonging; provide a safe space for staff to bring their full identities; and to offer resources that support leadership development, networking and mentorship 

- **A DiversityEQ Dialogue Series:** this is a year-long programme consisting of 8 small-group discussion sessions using a curriculum of REDI-related topics, facilitated by fellow GlobalGiving staff 

30 



## 2024 Finance Narrative 

In 2024, GGUK raised £3.34M in grants, donations and services in kind which is a 31.6% decrease from the previous year (2023, £4.88M). Unrestricted income of £1.08M (2023, £867K) was received from major donors and fees from corporate partners for providing impact-driven products and services, representing an increase of 24.5% from the previous year. 

Throughout the year, GGUK spent £2.25M (2023, £3.87M) directly on charitable activities, £237K (2023, £241K) on support costs, and ended the year with cumulative unrestricted reserves of £319K, an increase of 19% from the previous year (2023, £268K). The net movement of unrestricted funds at the end of 2024 was £51K (2023, -£574K), which included an adjustment to show the true split of funds and to reallocate funds held against our unrestricted fund 

The Trustees recognise that our unrestricted reserves are currently below our target. At the end of the year, our reserves covered 4.4 months of operating costs. However, we are confident our strategy of focusing on corporate and highnet-worth donors will allow us to strengthen our reserves in 2025. Alongside our commitment to responsible financial management we have already been notified of a successful grant application that will go against our income targets for the coming year. 

## Trustees’ Responsibilities 

The Trustees (who are also directors of The Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the Trustees to prepare the financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these statements, the Trustees are required to: 

31 



- Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP; 

- Make judgements and accounting estimates that are reasonable and prudent; State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. 

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparing and disseminating of financial statements may differ from legislation in other jurisdictions. 

## **Provision of information to auditor** 

Each of the persons who are Trustees at the time when this Trustees’ report is approved has confirmed that: 

- So far as that Trustee is aware, there is no relevant audit information of which the charitable company’s auditor is unaware and 

- That the Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any information needed by the charitable company’s auditor in connection with preparing the report and to establish that the charitable company’s auditor is aware of that information. 

This report has been prepared in accordance with special provisions relating to companies subject to the small companies regime within part 15 of the Companies Act 2006. 

19th September 2025 This report was approved by the Trustees on …………………………………………… and signed on their behalf, by 

…………………………………………… 

Dr. Anthony House, Chair of Trustees 

32 



GLOBALGIVING UK
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY,
ITS TRUSTEES AND ADVISERS
For the year ended 31 December 2024
Board of Trustees
Dr Anthony House (appointed full Chair 4 March 2024, formerly Interim Chair)
Deirdre McGlashan
Gillian Smith
Shaherazad Umbreen (resigned 26 July 2024)
Khanyi (Khanyisile) Dhlomo-chijioke (appointed 24 October 2024)
Company Secretary
Goodwin Proctor (UK) LLP (resigned 3 September 2024)
Fried, Frank, Harris, Shriver & Jacobson (London) LLP
(appointed 3 September 2024)
Principal Officer
Alexandra Ritchie, CEO
Company reg. no.
05824642
Charity reg. no.
1122823
Registered office
Office 605, Albert House
256-260 Old Street
London
EC1V 9DD
Auditors
Knox Cropper LLP
Chartered Accountants and Statutory Auditors
65 Leadenhall Street
London
EC3A 2AD
Bankers
Barclays Bank PIC
366 Strand
London
WC2R OHS
33

GLOBALGIVING UK (registered company no. 05824642)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GLOBALGIVING UK FOR THE YEAR ENDED 31 DECEMBER 2024
We have audited the financial statements of GlobalGiving UK (the 'charitable company,) for the year ended 31
December 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the 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 2024 and of 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 with these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Conclusions relating 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 uncertainties relating to events or
conditions that, individually or collectively, may cast 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 concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
/Continued
34

GLOBALGIVING UK (registered company no. 05824642)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GLOBALGIVING UK FOR THE YEAR ENDED 31 DECEMBER 2024
(Continued)
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other information 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.
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 the purposes
of company law, 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 the light of the knowledge and understanding of the charitable company and its environment obtained in the
course of the audit, we have not identified material misstatements in the directors, report included within the
trustees, report.
We have nothing to report in respect of 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 returns 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 returns; or
certain 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.
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 a strategic report.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement in the Trustees, Report, 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 and 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.
/Continued
35

GLOBALGIVING UK (registered company no. 05824642)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GLOBALGIVING UK FOR THE YEAR ENDED 31 DECEMBER 2024
(Continued)
In preparing the 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 charitable company or to cease
operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole 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 the aggregate, they could reasonably be
expected to influence 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 are capable of detecting irregularities, including fraud is
detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charitable
company and determined that the most significant are the Statement of Recommended Practice
'Accounting and Reporting by Charities, (SORP 2019), in accordance with the Financial Reporting
Standard applicable in the UK (FRS 102) applicable to smaller entities, the Companies Act 2006.
We understood how the charitable company is complying with those frameworks via communication with
those charged with governance, together with the review of the charity's documented policies and
procedures. The charitable company is required to comply with both company law and charity law and,
based on our knowledge of its activities, we identified that the legal requirement to accurately account for
restricted funds was of key significance.
The audit team, which is experienced in the audit of charities, considered the charity's susceptibility to
material misstatement and how fraud may occur. Our considerations included the risk of management
override and allocation of costs to charitable activities and restricted funds.
Our approach was to check that the income from grants and donations were properly identified and
accurately disclosed, that expenditure and grant payables were complied with the control procedures and
related expenditure was appropriately charged. We also reviewed major journal adjustments along with
unusual transactions and considered the identification and disclosure of related party transactions.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: htt s.'//www.frc.or
. uk/auditorsres
onsibilities. This description forms part of our
auditor's report.
/Continued
36

GLOBALGIVING UK (registered company no. 05824642)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
GLOBALGIVING UK FOR THE YEAR ENDED 31 DECEMBER 2024
(Continued)
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken, so that we might state 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 this
report or for the opinions we have formed.
Shoaib Arshad (Senior Statutory Auditor)
For and on behalf of:
Knox Cropper LLP
Chartered Accountants & Statutory Auditors
65 Leadenhall Street
London
EC3A 2AD
25Se
tember 2025
37

GLOBALGIVING UK
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating the Income and Expenditure Account)
For the year ended 31 December 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Charitable activities
Investments
537,489
528,874
11,150
2,262,043
837
2,799,532
529,711
11,150
4,532,547
348,269
2,422
TOTAL
1,077,513
2,262,880
3,340,393
4,883,238
EXPENDITURE ON:
Raising funds
Costs of generating voluntary
income
60,043
1,186,209
60,043
3,436,956
52,953
4,964,869
Charitable activities
2,250,747
TOTAL EXPENDITURE
1,246,252
2,250,747
3,496,999
5,017,822
Net (expenditure)/income
(168,739)
12,133
(156,606) (134,584)
Transfer between funds
14
219,794
(219,794)
(207,661)
NET MOVEMENT IN FUNDS
51,055
(156,606)
(134, 584)
RECONCILIATION OF FUNDS:
TOTAL FUNDS AT 1 JANUARY 2024
268,494
610,094
878,588
1,013,172
TOTAL FUNDS AT 31 DECEMBER 2024
£ 319,549 £ 402,433 £ 721,982 £ 878,588
38

GLOBALGIVING UK
Company limited by guarantee (registered company no. 05824642)
BALANCE SHEET
As at 31 December 2024
Notes
2024
2023
FIXED ASSETS
Tangible assets
11
2,029
2,029
4,582
4,582
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
165,502
975,351
303,713
935,289
1,140,853
1,239,002
CREDITORS: amounts falling due
within one year
13
(420,900)
(364, 996)
NET CURRENT ASSETS
719,953
874,006
TOTAL ASSETS LESS CURRENT
LIABILITIES
721,982
878,588
TOTAL NET ASSETS
£ 721,982
£ 878,588
FUNDS
Unrestricted funds:
General fund
Restricted funds
14
14
319,549
402,433
268,494
610,094
£ 721,982
£ 878,588
The financial statements have been prepared in accordance with the special provisions in Part 15 of the
Companies Act 2006 relating to small companies and section 1 a of the Financial Reporting Standard 102.
The financial statements were approved, and authorised for issue, by the Board of Trustees on
and signed on their behalf by:_
DR ANTHONY HOUSE, Chair
The annexed notes form part of these financial statements
39

GLOBALGIVING UK
CASH FLOW STATEMENT
For the year ended 31 December 2024
2024
2023
Cash flows from operating activities
(156,606)
(134,584)
Adjustments for:
Depreciation
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Investment income
3,274
138,211
55,904
(11,150)
29,633
1,426
546,318
(423,380)
(2,422)
(12,642)
Cash flows from investing activities
Purchase of intangible fixed assets
Return on investment - interest receivable
(721)
11,150
10,429
(6,008)
2,422
(3,586)
Net increase (decrease) in cash and cash equivalents
40,062
(16,228)
Cash and cash equivalents at 1 January
935,289
951,517
Cash and cash equivalents at 31 December
£ 975,351
£ 935,289
Components of cash and cash equivalents
At1
January
2024
At31
December
2024
Cashflows
Cash at bank and in hand
935,289
40,062
975,351
40

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparation of financial statements
The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared
under the historical cost convention. They have been prepared in accordance with applicable United
Kingdom accounting standards, the requirements of the Statement of Recommended Practice 'Accounting
and Reporting by Charities, (SORP), in accordance with the Financial Reporting Standard applicable in the
UK (FRS 102) and the Companies Act 2006. The presentational currency of the financial statements is
Pound Sterling (£).
The Trustees consider that there are no material uncertainties about the charitable company's ability to
continue as a going concern.
Company status
GlobalGiving UK is a company limited by guarantee. In the event of the Charity being wound up, the liability
in respect of the guarantee is limited to £1 per member of the Charity. The sole member is the GlobalGiving
Foundation in the US.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objects of the Charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors
which have been raised by the Charity for particular purposes. The cost of administering such funds are
charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the
financial statements.
41

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Resources Expended
All expenditure is accounted for on an accruals basis and has been included under expense categories that
aggregate all costs for allocation to activities. Support costs, including governance costs, which cannot be
directly attributed to particular activities, have been apportioned proportionately to the direct staff costs
allocated to the activities. Governance costs include the costs of servicing Trustees, meetings, audit and
strategic planning.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
Incoming resources
Income from donations or grants is recognised when there is evidence of entitlement to the receipt is
probable and its amount can be measured reliably. Restricted grants are recognised when the performance
related conditions have been met, otherwise these are deferred. All other incoming resources are included
in the Statement of Financial Activities (SOFA) when the Foundation is legally entitled to the income and the
amount can be quantified with reasonable accuracy. Investment Income is recognised on an accruals basis.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are
distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated
facilities are included at the value to the Charity where this can be quantified and a third party is bearing the
cost. No amounts are included in the financial statements for services donated by volunteers.
Donated services are included in income at a valuation which is an estimate of the financial cost borne by
the donor where such a cost is quantifiable and measurable. No income is recognised where there is no
financial cost borne by a third party.
Income tax recoverable in relation to investment income or Gift Aid donations is recognised at the time the
relevant income is receivable.
Other income is included in the Statement of Financial Activities when the Charity is legally entitled to the
income and the amount can be quantified with reasonable accuracy.
Value Added Tax
The Charity is not registered for VAT and accordingly, where applicable, all costs and expenditure incurred
are inclusive of VAT.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the
following bases:
IT Equipment
2 years
42

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary
assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the
balance sheet date. All differences are taken to the profit and loss account.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
Financial Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
Pensions
The charity is part of a defined contribution pension scheme. Contributions are charged to the Statement of
Financial Activities as they become payable in accordance with the rules of the scheme.
Judgements and key sources of estimation uncertainty
Judgements and key sources of estimation uncertainty are detailed in the above accounting policies, where
applicable.
43

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
DONATIONS AND LEGACIES
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Donations
Grants
537,489
2,262,043
2,799,532
4,390,882
141,665
537,489 £ 2,262,043 £ 2,799,532 £ 4,532,547
Analysis of donations and grant funding
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
GlobalGiving Foundation
National Lottery Community Fund
USAID
Services in kind
Legacies
Others donations
447,717
447,717
426, 799
50, 127
91,538
89,305
49,772
40,000
49,772
40,000
2,262,043
2,262,043
3,874, 778
537,489 £ 2,262,043 £ 2,799,532 £ 4,532,547
Comparative donations and legacies
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Donations
Grants
516,104
3,874, 778
141,665
4,390,882
141,665
£ 516,104 £ 4,016,443
£ 4,532,547
Analysis of donations and grant funding
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
GlobalGiving Foundation
National Lottery Community Fund
USAID
Services in kind
Others donations
426, 799
426, 799
50, 127
91,538
89,305
3,874, 778
£ 4,532,547
50,127
91,538
89,305
3,874, 778
£ 516,104 £ 4,016,443
44

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
INVESTMENT INCOME
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Interest receivable from:
Bank interest
11,150
11,150
2,422
11,150
Nil £
11,150
2,422
Comparative investment income
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Interest receivable from..
Bank interest
2,422
2,422
2,422
Nil
2,422
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Contract for services
528,874
837
529,711
348,269
528,874
837
529,711 £ 348,269
Comparative income from charitable activities
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Contract for services
348,269
348,269
£ 348,269
Nil
£ 348,269
45

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
RESOURCES EXPENDED
Other direct
costs
Support
costs
Staff costs
Total 2024
Total 2023
Cost of charitable activities
Project disbursements
Programme costs
Total charitable
expenditure
Costs of generating
voluntary income
Support costs
2,250,747
1,118,228
67,981
3,368,975
67,981
4,921,321
43,548
2,250,747
1,186,209
3,436,956
4,964,869
54,713
949,198
(949,198)
£ 1,003,911 £ 2,256,077 £ 237,011 £ 3,496,999 £ 5,017,822
5,330
60,043
52,953
Comparative information
Other direct
costs
Support
costs
Staff costs
Total 2023
Cost of charitable activities
Project disbursements
Programme costs
Total charitable
expenditure
Costs of generating
voluntary income
Support costs
3,841,685
29,328
1,079,636
14,220
4,921,321
43,548
3,871,013
1,093,856
4,964,869
51,124
852, 801
(852, 801)
903,925 £3,872,842 £ 241,055
1,829
52,953
£ 5,017,822
Resources expended include:
2024
2023
Auditors, remuneration
Depreciation
6,720
3,274
6,420
1,426
Details of staff costs are given in Note 8.
Details of Support costs is given in Note 7.
46

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
OTHER DIRECT COSTS
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Programme costs
Project disbursements to GlobalGiving
Fundraising costs
29,328
2,250,747
3,841,685
5,330
5,330
1,829
5,330 £ 2,250,747 £ 2,256,077 £ 3,872,842
2,250,747
Comparative information
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Programme costs
Project disbursements to GlobalGiving
Fundraising costs
29,328
3,841,685
254
29,328
3,841,685
1,829
£ 3,872,842
1,575
1,575 £ 3,871,267
47

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
SUPPORT COSTS
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Travel and subsistence
Membership subscriptions
Premises and office costs
Insurance
Training and recruitment
Communication and networking
Currency exchange gains or losses
Publicity & Marketing
Other general costs
Legal and professional
Depreciation
Auditors, audit fee
39,408
4,541
839
(301)
6,247
5,974
4,628
53,252
18,592
93,836
3,275
6,720
237,011
39,408
4,541
839
(301)
6,247
5,974
4,628
53,252
18,592
93,836
3,275
6,720
6,420
237,011 £ 241,055
46, 154
1, 995
2,473
2,580
14,230
4,630
(3,104)
16,399
64,038
85,240
Nil £
Comparative information
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Travel and subsistence
Membership subscriptions
Premises and office costs
Insurance
Training and recruitment
Communication and networking
Currency exchange gains or losses
Publicity & Marketing
Other general costs
Legal and professional
Auditors, audit fee
39,748
1,718
2,130
2,222
12,253
3,988
(3,104)
16,399
52,874
73,408
5,529
£ 207,165
6,406
277
343
358
1,977
642
46, 154
1,995
2,473
2,580
14,230
4,630
(3,104)
16,399
64,038
85,240
6,420
241,055
11,164
11,832
891
33,890
48

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
STAFF NUMBERS AND COSTS
Unrestricted
Funds
2024
Restricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Wages and salaries
Social security costs
Pension costs
Other staff costs
862,633
92,776
48,502
862,633
92,776
48,502
779,503
82,386
35,110
6,926
Nil £ 1,003,911 £ 903,925
£ 1,003,911
Comparative information
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
Wages and salaries
Social security costs
Pension costs
Other staff costs
670,931
70,951
30,237
5,964
778,083 £ 125,842
108,572
11,435
4,873
962
779, 503
82,386
35,110
6,926
£ 903,925
The average monthly number of employees, head count, during the period was:
2024
2023
Number
15.5
16.0
Employees who received remuneration of more than £60,000 as as below:
2024
2023
Between £60k and £70k
Between £70k and £80k
Between £80k and £90k
Between £90k and £100k
Between £100k and £110k
Between £110k and £120k
The key management personnel of the Charity are those persons having authority and responsibility for
planning, directing and controlling the activities of the Charity, directly or indirectly, including any Trustee of
the Charity. In addition to the Trustees, key management personnel includes the Principal Officer.
Aggregate remuneration and benefits paid to key management personnel during the year amounted to
£245,255 (2023 - £225,844).
49

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
TRUSTEES REMUNERATION AND BENEFITS
During the year, no members of the Board of Trustees received any remuneration (2023 - £NIL).
No members of the Board of Trustees received reimbursement of expenses (2023 - £NIL).
10. TAXATION
GlobalGiving UK is a registered charity and is potentially exempt from taxation in respect of income and
capital gains received within the categories covered by Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied to
charitable purposes.
11. TANGIBLE FIXED ASSETS
IT Equipment
Cost
At the start of the year
Additions
At 31 December 2024
6,008
721
6,729
Depreciation
At the start of the year
Charge for the year
At 31 December 2024
1,426
3,274
4,700
Net book value
At 31 December 2024
At 31 December 2023
2,029
4,582
12. DEBTORS
2024
2023
Due within one year
Prepayments and Accrued Income
Other debtors
118,424
47,078
165,502
12,957
290, 756
£ 303,713
50

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Deferred income
Social security and other taxes
Other creditors
Accruals
376,689
3,000
26,930
276,602
29,862
8,028
50,504
£ 364,996
14,281
420,900
Deferred income
Balance at 1 January 2024
Amount released to incoming resources
Amount deferred in the year
Balance at 31 December 2024
3,000
3,000
Nil
14. STATEMENT OF FUNDS
Transfers and
Resources
investment
Expended gainsl(losses)
Brought
Forward
Incoming
Resources
Carried
Forward
RESTRICTED FUNDS
Individual Charity Funds
National Lottery
Community Fund
USAID
Other restricted funds
536,156
2,262,043
(2,250,747)
(219,794)
327,658
73,938
837
610,094 £ 2,262,880 £ (2,250,747) £
74,775
(219,794) £ 402,433
SUMMARY OF FUNDS
General Funds
Restricted Funds
268,494
1,077.513
(1,246.252)
610,094
2,262,880
(2,250,747)
878,588 £ 3,340,393 £ (3,496,999) £
219.794
319,549
(219,794)
402,433
Nil £ 721,982
Transfers of funds
To show the true split of funds and to reallocate funds held against our unrestricted fund.
51

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
14. STATEMENT OF FUNDS (continued)
Individual Charity Funds
The individual charity funds comprise funds raised by GlobalGiving UK for specific charitable causes. These
funds are considered restricted and are disbursed to the respective charities after deducting a management
fee (typically 5-7 % donation fee) and a processing fee of 3 %. These deductions are necessary to cover
GlobalGiving's expenses in establishing and maintaining the website, as well as supporting the partner
charities. On a monthly basis, the donations received are reconciled and consolidated, and then transferred
to the GlobalGiving Foundation. This process includes combining the funds raised in USD through
GlobalGiving Foundation, aiming to facilitate a more efficient and cost-effective disbursement for the charity
partners.
On a monthly basis, the donations received are reconciled and consolidated, and then transferred to the
GlobalGiving Foundation. This process includes combining the funds raised in USD through GlobalGiving
Foundation, aiming to facilitate a more efficient and cost-effective disbursement for the charity partners.
Other Restricted Fund
The fund holds money raised through corporate partners waiting to be disbursed.
52

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
14. STATEMENT OF FUNDS (continued)
Comparative statement of funds
Transfers and
Resources
investment
Expended gains/(losses)
Brought
Forward
Incoming
Resources
Carried
Forward
RESTRICTED FUNDS
Individual Charity Funds
National Lottery
Community Fund
USAID
Other restricted funds
50,124
3,874, 778
(3, 841, 685)
452,939
536,156
48,943
(2,176)
73,938
170,829 £ 4,016,443 £ (4,030,999) £
50, 127
91,538
(99,070)
(90, 244)
882
73,938
453,821 £ 610,094
SUMMARY OF FUNDS
General Funds
Restricted Funds
842,343
866, 795
(986, 823)
170, 829
4,016,443
(4,030,999)
£ 1,013,172 £ 4,883,238 £(5,017,822) £
(453,821)
268,494
453,821
610,094
Nil £ 878, 588
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Funds
Designated
General
Funds
Funds
Restricted
Funds
Total
Funds
Tangible fixed assets
Net current assets
2,029
317,520
Nil £ 319,549
2,029
402,433
719,953
402,433 £ 721,982
Comparative analysis of net assets between funds
Unrestricted Funds
Designated
General
Funds
Funds
Restricted
Funds
Total
Funds
Tangible fixed assets
Net current assets
4,582
263,912
4,582
874,006
610,094
Nil £ 268,494
610,094 £ 878,588
53

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
16. PENSION COMMITMENTS
Pension costs in note 8 relate to payments made to a defined contribution pension scheme. The charitable
company's liability is limited to making the payments due to the scheme on a timely basis. The liability at the
31 December 2024 is £nil (2023 . £5,008).
17. RELATED PARTIES
Shawn D'Aguiar, a former Trustee and Chair of the charity, resigned on 1 November 2022, was a partner at
Goodwin Procter UK, who act as the Company Secretary. Goodwin Procter UK acted as the Company
Secretary on pro bono basis until September 2024
GlobalGiving UK received donations amounting to £25 (2023: £47) in aggregate from its trustees during the
year.
18. CONTROLLING PARTY
The sole member of GlobalGiving UK is a non profit making foundation registered in the United States of
America
the GlobalGiving Foundation. However, GlobalGiving UK operates independently of the
GlobalGiving Foundation with a separate constitution and Board of Trustees. A collaborative working
agreement was signed between GlobalGiving Foundation and GlobalGiving UK in late March 2017 to clarify
roles and responsibilities between the two entities.
54

GLOBALGIVING UK
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2024
19. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
2023
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Charitable activities
Investments
516,104
348,269
2,422
866, 795
4,016,443
4,532,547
348,269
2,422
4,883,238
TOTAL
4,016,443
EXPENDITURE ON:
Raising funds
Costs of generating voluntary
income
Charitable activities
52,699
934, 124
986,823
254
4,030, 745
4,030,999
52,953
4,964,869
5,017,822
TOTAL EXPENDITURE
Net (expenditure)/income
Transfer between funds
(120,028)
(453,821)
(14,556)
453,821
(134, 584)
NET MOVEMENT IN FUNDS
(573, 849)
439,265
(134,584)
TOTAL FUNDS AT 31 DECEMBER 2022
842,343
170, 829
1,013,172
TOTAL FUNDS AT 31 DECEMBER 2023
£ 268,494 £ 610,094 £ 878,588
55

## **GlobalGiving UK** 

**Registered Charity in England and Wales #1122823 Office 605, Albert House, 256-260 Old Street, London, EC1V 9DD**