Charity reglstrdtlon number 1125699 Company registratlon number 05401 $15 (England and Wales) INDEPENDENT DIPLOMAT ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 INDEPENDENT DIPLOMAT LEGAL ANDADMINISTRATIVE INFORMATION Trustees CWRoss B G Thompson R Afshar (Apwnled l January 2024) Secretary B G Thompson Charity number 1125699 Company number 05401515 Reglstered office 166 College Road Ha￿OW Middlesex HA1 1RA Independent examiner Charterhouse (Accounlanls) Liniled 1e6 College Road Harrow Middlesex HA11RA INDEPENDENT DIPLOMAT CONTENTS P•ge Trustees report Independent examinerfs report Statement of financial aCtNit￿S Balance sheet 10 Notes to the financi￿ statements 11-14 INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report and ffinancial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting wlicies set out in note 1 to the financial slatements and comply with the Independent Diplomat's (ID) Memorandurn of Association, the Companies Act 2006 and "Accounting and Reporting by Charities-. Stalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finanaal ReF)Orting Standard applicable in the UK and Republic of Iieland IFRS 1021 (effective 1 January 20191". Obje¢tives and activities 1. Summary of the objectives of the charity set out in ils governing document.. a. To promote conflict resolution and ieconuliation and the relief of poverty for the benefit of the public by incieasing skills and capacities in diplomacy of those who are in need of such expertise and who also have the capability to promote conflict resolution and Teconciliation within government and in intematN)nal inslilutions. including those of the United Nations. b. To advance the education of the public in the nature, uses and condud of diplomacy wsih special reference (but not by way of limilation} lo its uses in conflict resolutson and reconciliation. 2. Summary of the main activities undertaken for the public benefit in relation lo these objects. ID has referred to the Charity Commission's guidance on public benefit in Ihe design and implementation of its projects and bears il in wnind when reviewing Qui acliwties. The primary public benefit of ID'S work is the promotton of confi￿1 resolution and reconciliation. ID pursues these goals by increasing skills and capacities in diplomacy of those who are in need of such expertise. The premise is that Ihose with improved and more informed access lo diplomatic channels for dispute resollhlion will nol revert lo violent means. In cases where partners cannot afford lo pay fees. actiwtses are funded by donations. Education also provides a public benefit two ways. Firsi and foremost, ID'S partner work fesulls in a Iransfef of knowledge on diplomatic practice and the nalufe of inlemalional inslilulions. Second, ID edU￿teS the public in this area through the media. such as articles and telewsion and radio interviews. and participation in publ￿ discussion, including al conferences and ￿￿1Versit￿eS. In carrying out these activities. ID strictly adheres lo the following ethical uitena.. ObseNance of inlemational law.. respect for Inlemabonal inslituts.ons including those of the United Nations and the institutions of government generally.. The protection of human rightg.. Support of democratic and accountable govemance.. Refusal of support to those promotsng unlawtul vk*nce. ID'S partner5 are assessed against these cnteTia by rigorous researth. discu5550n with experts in the field, and by our Advisory Council. Finally, ID has a sister organisation based in New York. Independenl Diplomat, Inc. ('ID US") a 501 {cl(31 non profit organisation incorporaled under the laws of the United Slates. ID'S collaboratson with ID US results in giealer efficiency in the operation5 on t*Jth sides of the Atjantic. maximising the impact of its goals. in line with our stated objectives. The additional details of objectives and activities described below were undertaken jointfy by ID and ID US in the furtherance ol a shaied sel of goals between the Iwo entsties. ID IUKI conlributed directty lo the full range of objeckn.ves and activities set oul below. INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 3. Additional details of objectives and activities. ID is an innovalive venlure in the world of intemational relations. diplomacy and (x)nfl￿t prevention. A nonryprofit advisory group govemed by its Memorandum and Articles ofAssoaation where ils objeclwe5 are set out in clause 3 (replicated above). ID was created to facilitate for its partnefs broader participation in diplomatic processe5 and deasion-making, in particular in mulkn"lateral and regional forums, such as the United Nations, the African Union and the European Union. By enabling better parbapats'on, our work strengthens the agreements and policie5 that arise from diplomats'c negotiations, thereby reducing the risk of conflict and making the worfd's dipbmatic system more effective and legitimate. ID'S principal mode of operation is ￿nfidents"al admce to partners. tt works in a non-partisan fashion to advance the interests of the states where it works, and not individua15 or individual political parties. It engages both with opposition and civil society groups, and wth all levels of govemment. in order to athieve fair and sustainable results. 11 further work$ to educate the*'actors' as well as the general public in regard to these issues. Achievements and perforniance ID'S partner-led model is fvndamental to fomiing equita1￿* relationships of trust with the groups and individuals we collaborate with to design projeds. set Pr￿ritieS and undertake acbvities. Through this model. ID treats our partners as clients, starting wrth a 'listen first" approach to leam about their objectives. Next, ID uses our expertise and diplomatic experience lo identify opportunities and strategies to help them achieve these goals. ID'S theory of change is that bottom-up solutions thal reflect afferAed ¢ommunilres' experiences ensure better practices and sustainable peace. Our partners are the agents of this change, and 10 offers advice. oxpgrtise. training. and support necessary to make their vision a reality- Our pioject activities vary, but Ihey always fO￿S on providing infomialion about, and a￿sS to, key diplomati¢ decision-making bodies and indimduals. This includes building skills {diplomatic. negotiation, communicalionsl so that our partners are equipped to translate access into concrete polw change. ID provides information. advice and analysis lo ensure thal our partners have the information and support needed to effectively navigate and influence policy. Our project outputs indude visits lo key diplomatic and Member State capitals and participation in global policy forums and negOtiation5. including through arrangement and preparation for meetings with the decisionvmakers that matter. InformalKin. analysis, briefing papers. talking points and logistica support ensure that our partners. participation in muttilalefal policy forums or bilateral diplomacy is effeth.ve and impactful. Training seminars {e.g. in diplomacy, communications, or negoliationl and policy fom)ulation sessions ensure that the substantive goals underpinning the diplomatic actNity is driven by affected communrties themse￿eS, and that they are equipped wtth the S￿.11$ necessary to execute an effective strategy. ID also provides inslilutional advice and support- including on fundraising- to improve our partners, organisats.onal robustness and the sustainability of their work. ID conducted ils work in 2024 across a range of projects Organ￿ed under three pillars: 5y5tems chango, global threats, and conflict resolulion. HAN LAR Particlpatory Pollcymaklng - Empowerlng Refugees In the Diplomatic Process Obio¢tives To ensure ￿fUgeeS have the diplomatic and public space to advocate for their interests. To ensure refijgees have the skn'lls. expertise and inslitubonal capacity lo exert an effective and sustained VO￿ in policymaking. INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Context In May 2024, ID launched the second phase of our Tefvgee work with a new fo(%s on localizing impacl. Building on previous successes in securing ref¥Jgee representation in global policy forums. this phase aims lo deepen engagement by empowering refugees to drive policy change at all levels. The project now concentrates on six key focus counlTies'. Ethiopia. Kenya, Uganda. Jordan, Egypt, and Turkey, while continuing sUPPOrt for RLO partners in Latin America and the Global Reluge&led Networt. Advities and Outputs This five-year project, funded by the Nethertands Ministy of Foreign Affairs. airns to scale refugee-led best practices. fostering gfealer self-reliance and contributing lo durable solutions and improved inlegralion. The inception phase. from May lo October 2024. invofved conducting field visits lo target countries, expanding the team with new staff and local consultants. and developing comprehensive systems for identifying and selecling in-counlry RLO partners. Women's Polftlcal Participation in Peacebuilding Objectives Track I pea￿ processes are more indusive of women, and fem* political leaders are well-prepared lo participate assertj'vely in political negotsations., peace agreements forged are gender sensitive. Lontext In 2024, ID focused on mainslreaming gender-felated assistance across its projects while supporting female leaders within its partner base. Notable achievements included pfoviding advic£ and mentorship lo the Southern Transitional Council's UN Represenlalive and suppotts'ng the Afghan Women's Diplomatic Nelwork Ihfough targeted workshops and diplomatic engagement opporttsnilies. Meet the Parties IMTP) Objectives Meet the Parties {MTP) inrtiative contributes to more inclusive decisioTrmaking and sustainable outcomes al the UN Security Council IUNSCI, Human Rights Counul {HRCI, and EU. Context In 2024, ID continued to expand and strengthen the Meet the Parties inilialive. building on support from the Carnegle CorpoTaiion of New York. Under the chairmanship of ID Board Member Ltiiry Juliwisvil, ID buill %* M¥¥1 Ilie Parties advisory committee maintained 115 role as a crucial plafform for dialogue belween developed and deveh)ping countries while pushing foThvard on areas of common ground suth as mitigation. Cyber Objectives To support meaningfvl engagement of all countries in Gyber policymaking and enable better policy outcomes internationally. ontext ID secured new funding from the Australian Department of Foreign Affairs and Trade (DFAT) in 2024, allowing delivery of ￿11 support to Paciffic Small Island Developing States (PSIDS) partners al core UN multilateral cyber negotiations through July 2025. Notable ad)ievements induded supporting Vanuatu and other PSIDS at the Open- Ended Vvorking Group on ICT secunty. where the Paufic spoke with one voice atxl acted as a coordinated negotiating block lo protecl human rights provision$ in the new cybercrime treaty. CONFLICT RESOL TION PIL Mali Objective Support implementation of the Mali Peace Agreement through professional dI￿OmatiC ad￿￿ to the Coordination of Movements of the Azawad {CMA). Context 2024 saw significant challenges to peace in Mali. with the collapse of the peace agreement and ino¥eased military confrontation. ID continued supporting the CMAJCSP with strategic advice and facilitating international engagement. helping maintain their credibilty wilh the internalional communty while advocating for humanrtarian support and human righls monitoring. Yernen Obiectives Southern Transitional Council (STC): Advise tr* STC arKI enhan¢e its diplomatic engagement within the U￿led political pr¢xess towards a solution for the sO￿h Yemen issue. Yemeni women.. Support South Yemeni women to shape intemational policymaknng on the South issue and broader Yemeni crisis. Context In 2024, ID'S work wth the Southern Transriional Council (STC) achieved significant diplomatic breakthroughs, including landmark meetings between STC President Zubaidi and high-level political leaders al Davos. The year saw increased intemalional recognition of the STC'S role. part￿ularlY in addressing the impacts of Houthi actions in Ihe Red Sea and developing comprehensive approaches to the Yemen crisis. INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Western Sahara {Frente POLISARIO) Objectives To achieve progress towards a negotiated polrti(al solution that provides for the self-detemiinalion of the -Icm Sahara, in accordance wrth intemational law. pcoplc of Wc- Contsxt ID continued yjpporb'ng the Frenle POLISARIO throughout 2024. a year marked by significant developments including PESG De Mi51via's October proposal lo consider partitioning the territory and Algeria's increased engagement through ils UNSC membership. A notable achievement came on October 4. 2024. when the European Court of Justice ruled in POLISARIO'S favor iegarding Eu-morocco trade agreemenls, affirming that these agreements breached principles of self-deterrnination by failing lo secure consent from the people of Weslem Sahara. Rohingya l Myanmar Obje¢live To assist Rohingya representats'ves in influencing the diplomatic ￿spOnSe to the crisis. with particular locus on accountabilty. Context In 2024. ID focused on three main objectives. engaging with Myanmarfs National Unity Government INUG), broadening the Arakan Rohingya National Alliance IARNAI dralogue. and addressing the worsening situation in Rakhine slate. A significant breaklhrough came with ARNA'S ffirsl in-person meeting with the NUG'S Deputy Fofeign Minister, resulting in agreemenls for regular engagemenl and inclusion in the new constitutsonal process. Financial review Overview ID strives to maintain reserves in cases of unforeseen expenditures for example rf a non-fee-paying partner 15 engaged befofe we have the opportunity to raise the funds oursdves and lo build greater resilience against unforeseen loss of revenue. suth a5 ihe failure of an ants"apaled grant lo malerialise. Reserve policy General operations expenditure cannot wait, ID will access these funds. OtheThYise, we build into our budget projections at leasl 5% for building reserves. Risk assessment.. The trustees ad(nowledge Iheif responsibilily for ID'S risk management. Because ID is so small and dosely knit. regular and open communication among staff and trustees. and collaborative decision making that ensures thal action taken is in line with the trustees. expectslions were seen as adequate. Fundraising aclivilies.. ID'S lundraising strategy is based on the assumption that diverse sources of funding Increase organ15alional sustainability and longevity. Our 'model' and objective is that the organisalion's fvnding should be diverse and avoid excessive Con￿￿tratiOnS in any single source or sources. The Trustees have assessed Ihe major risks lo which Independenl Diplomat is exposed and are satisfied thal systems are in place to mitigale exposure lo the major risks. INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Slrn¢ture. govomance and management Type of goveming d0￿ment.. Memorandum of Associalion How the d)arity is constituted.. Company limited by guaranlee Trustee $eleclion method.. Appointed The Trustees, who are also the directOTS for the purpose of ￿MpanY law. and who served during thè ygar and up to the date of signature of the financial statements were: Came Ross Benjamin Thompson Reza Afshar INDEPENDENT DIPLOMAT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Names and background infonnation on advisels Independent Diplomal is guided by an advisory coun(il of experienced fomief and serving diplomats, international lawyers and leaders of human nghts organisatsons.. Garelh Evans Vresi(Jent Emeritus of ifflernaiional Crisis Group-. Chancellor of Ihe Ausiralian Nalior)al Univer5ity-, Honorary Professorial Fellow at the Universty of Melboume., C￿chaIr of the International C¢)mmission on Nudear Non Proliferation and Disamiamenl., author of The Responsibilty to Prolecl-. Ending Mass Atrocity Crimes Once and For All (Brookn'ngs, 20081 and former Foreign Minister of Australia11988-96). Thomas R. Pickering Vice Chairman of Hill5 & Company- fomier Senior W￿e PresKlenl. Inlemational Relations of Boeing Company- former U.S. Under Secretary of Stale for Political Affairs,. former US Ambassador to the Russian Federation. India, Israel, El Salvador, Nigeria, Jordan and the United Nations", fomier Assislanl Secretary of State foi Oceans and International Enviionmental and Scientific Affairs and Chaimian of the American Academy of Diplomacy. Marjalta Rasi Former Finnish Ambassador lo India, Sri Lanka. Bangladesh. Nepal. Bhutan (1991-95)-. Direclor General of the Department of Intemational Development Cooperation wilhin the Finnish MFA (1995-1998)," former Finnish Pemianent Represenlative to the UN in New York {199&20051-, former Member of the Boa¥d of the Inlernational Peace Academy 12000-2002)". Vice Piesidenl of ECOSOC (2002-2003). Aiid Cli knmited 166 College Road Harrow Middlesex HA1 1FiA 10 INDEPENDENT DIPLOMAT STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Income from". Giants and fees 96,268 8Y,197 Expenditure on: Charitable aCtiV￿eS 63.609 67,735 Total expenditure 63.609 67,735 Net incorne and movement in funds 32.659 21.462 Reconeiliation of funds: Fund balances al 1 January 2024 (15,9481 (37.410) Fund balances at 31 December 2024 16,711 (15.948) The statement of financial aclivities includes all gains and losses recognised in the year. The statement of financial activities also complies with the requiiements for an income and expenditure account under the Companies Act 2006. INDEPENDENT DIPLOMAT BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Current assets Debtors 22,326 Creditors: amounts falling due within one year 5.615 15,948 Net current as5etsl(liabilities) 16,711 (15,9481 Th• fund¥ of the Indgpendent Diplomat Unrestricted fijnds 16.711 (15.9481 16.711 (15,9481 The company is entided to the exemption from the audit requirement conlained in seclion 477 of the Companies Act 2006. for the year ended 31 December 2024. The Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing finanual statements which give a true and fair view of the slate of affairs of the company as at the end of the financial year and of its incoming resources and application of resources. including tls income and expenditure. for Ihe finanaal year in accordance with the requirements of Sections 394 and 395 and which othe￿iSe compty with the requirements of Ihe Companies Acl 20[￿ relating lo financial statements. $0 far as applicable to the Company. The members have not required the cornpany to obtain an audrt of its financial statements for the year in question in accordance with se¢bon 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Octhr 1st 2025 The financial statements were apkyoved by the Trustees on ......................... CWRo$s Trustse Company registrdtion nurnber OS40151 S {England and Wdles 10- INDEPENDENT DIPLOMAT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policles Company inf0m￿li0n Independent Diplomat is a private company limtled by guaranlee incorporated in England and Wales. The registered office is 166 College Road. Harrow. Middlesex. HA1 1 RA. 1.1 Accounting conventioii The financial statements have been prepared in accordance wth the Independenl Diplomal's Memorandum of Association. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo chaiilies prepanng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)" The Independent Diplomat is a Public Benefit Entity as defined by FRS 102. The Independent Diplomal has taken advantage of ihe provisions in the SORP for charities applying FRS 102 Update Bulletin I not lo prepare a Statement of Cash Flows. The financial stalemenls are prepared in sleiling, which is the fiJniXional t￿rrencY of the Independent Diplomat. Moneiary amounts in these financial statements are r¢)unded lo Ihe nearest £. The financial statements have been prepared under the hisloncal cost conventK)n. The principal ac£ounting policies adopted are sel out beknw. 1.2 Going concern Al the lime of approving the accounts, the Trustees have a reasonab￿ expeclatson that Independent Diplomat has adeqLtate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue lo adopl the going concern basis of ac£ounling in preparing the accounts. 1.3 Charilable funds Unrestricted fund5 are avalable for use at the discrebon of the Trustees in furtheran￿ of iheir charitab objectives. 1.4 Incoming resources Income is Tecognised when the Independent Diplomat is legally entifled to rt afler any perf0mlan￿ conditions have been mel, the amounts can be measured ieliably. and it is probable that income will be received. Cash donations are rpcryjnised on rèeèipt. Othcr donatFons are ￿￿gnised once Ihe Independent Diplomat has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation lo donations received under Gtft Aid or deeds of covenant is recognised al the time of the donation. 1.5 ResOUYtes expended Expenditure is recDgnised once there is a legal or con5truclrve obligation lo transfer economic benefit lo a third party, rt is probable that a transfer of ecorkomic benefits wll be required in settlement, and the amount of the obligation can be measured reliably. All expenditures are accounted for on an ac¢Jual basis and have been induded under expense categories that aggregate all costs lor allocation to aclivitie5. Where cost amounts can be directly attributable lo particular activities they have been allocated on a basis consistent with the use of the resources. Charitable activities include those costs associated with meeting constitutional and statutory requirements of the charity and include the audit fee5 and costs linked lo the strategic managemp.nl of the charity. 11 INDEPENDENT DIPLOMAT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policles (Contlnued) 1.6 Flnanclal Instrurnents The Independent Diplomat has elected to apply the provisions of Section 11 'Ba5ie Financiai Instruments, and Section 12 '0ther Finanual Instruments Issues. of FRS 102 lo all of rts financRI inslnjmenls. Financial instruments are recognised in the Independent Diplomat's balance sheei when the Independent Diplomat becomes party to the contractual prowsion5 of the instrument. Financial assets and liabilities are offset. with the net amounts presented in Ihe financial statement5, when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc financial assets Basic financial assets. which indude debtors, a￿ measured at transaction price including transadion costs. Financial assets dassrfied as receNable within one year are not amortised. Basic financial liabilities Basic financial liabdities. including creditors, are recognised at transaction price unless the affangement Constrtutes a finanang transaction. where the debt instrument 15 measured al the present value of the future receipts discounted al a market rate of interest. Finanual liabilitie5 dassified as payable within one year are not amortised. 1.7 Retirement benefits Payments to defined cOntribu￿n retirement benefft schemes are chargèd as an expense as they fall due. Taxation The company is not subject to taxation on its charilable a(*wties. 1.9 Fund Accounting Unrestricted funds are available for use at the discreti¢)n of Ihe TnJ$tees in furtherance of the general objectives of the charity. Restricted funds are fvnds which are to be used in accordance wilh specific restricaions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds is charged against the specffic fvnd. Grants and fees 2024 2023 Joseph Rowntree Charitable Trust grants Other granls and fees 60.500 35,768 55.01)O 34,197 96,268 89,197 12- INDEPENDENT DIPLOMAT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on charitable activities 2024 2023 Direct costs Staff costs Recharge of costs incurred on behalf of ID Inc. Telephone Travelling expenses Entertainmenl Legal and profession Accountancy fees Other charitable expenditure 297,278 (252,686) 674 8.443 42 2.808 4.410 393,388 (334,380) 508 1.303 2,351 4.200 299 63,609 67.735 Staff costs include £252.686 {2023.' £334,380) of employmenl related costs recharged to Independent Diplomat Inc. Employees The average monthly number of persons (including unpaid trustees) employed by the company during the year was". 2024 Number 2023 Number Total Employment Costs 2024 2023 Wages and salaries Social security costs Other pension costs 261,050 32,155 4,073 345.453 42,652 5,283 297.278 393,388 The number of employees whose annual remuneration was more than £60,IXKJ is as follows". 2024 Number 2023 Number Number of employees paid more than £60,0(K) 13- INDEPENDENT DIPLOMAT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Debtors 2024 2023 Amounts falling due vathin one year. Other debtors 22.326 Creditors: amounts Pdlling due wlthin one yoar 2024 2023 Other laxation and sopial sewrity Other credtlor5 Accruals and deferred pr￿orne 1.089 116 4,410 1,814 9,934 4,200 5,615 15,948 Unrestrlcted funds The unrestrrcted funds of the charity comprise the unexpended balances of donations and grants whi¢h are not subject to specffic conditi'ons by donors and grantors as to how they may be used.. At 1 January 2024 Incomlng resources Resources expended At31 Decernber 2024 General fijnds (15.948) 96.268 {63,609) 16.711 Previous year. At 1 January 2023 Incoming resources Resources expended At31 December 2023 General funds (37.410) 89.197 (67,735) (15,948) Related party transactions Included within other debtors as at the balance sheet date is an amount of £22.326 (2023.. other creditors £9,780) owed by Indewdent Diplomal In¢., a sister organisation. This is an American registered not-for-profft organisation. -14-