REGISTERED CO.MPAf¥Y NUMBEIL. I)6477969 (England irtd Wales) REGISTERED CHARITY NUMBER: 1127723 Report of the TruKttS Ind UA•udlted Fln4ncl*l St*t¢￿ttts for the Ye•r E￿ded 31 Dettmber 2023 for Hum•nll*rJxTh Lo8litles Aswd*tlo Tayabali Tomlin Chartered Accountants Ken¢on House Oxford Streei Morc¢on-in-Mar5h Glouces¢ershire GL56 OLA Humatsit#riAD Logisties Assoclatlon Contents of the Fln8nti81 St*ttmeDts for the vegr ended 31 Deeembtr 2112J Page Report of the Trwte Independeni Ex*mlner'i Report Statement of Fln#n¢l*l Aetlwltles 12 Balance Sheet 13 w 14 N•tu to the Fln•Dclal S¢4t¢ments 15 10 19 Dei*lled Si*tement of FI4And*l Aetlvltlu 20 HumattitarlaD Logi5ti¢$ Assoei*tion Report of the Trustees for the ye%r ended JI Deeember 2023 Th¢ tn]stees who are also directors of th¢ ehtiTity for the of ihe Conyni¢s Act 2006, present their repon with the financial 51atemenis of the charity for the year e]¥Jed 31 December 2023. The trustees have adopied ihe provisions of Accounting and Reportin8 b) Charities: S&temeni of Recommend￿ Practice applicable io chariiies preparing their Accounts in ac¢oTdance with the Fin￿￿1&1 Reponing Stsndard applicable in the UK and R¢publi¢ of Ireland {FRS 1021 leffective l January 20191. OBJECTIVES AND AcfiviTIES Objects The Hutnanit#Tian Lo8isiics Asso¢iacion {HLA) is a [￿-Profit, intematioml membership ossociation for humani18rian 108lSIjC5 professionals and organisations th21 resp)nd lo Loke relief to and crea* infrastru¢ture for Iho$¢ afft¢*d by global emergencies. The objectives of the charity ar¢ r¢ENJrwl on the Clwity Commi￿10￿ websik as: a. DisLussion, infornution and knowledBe sharin8 focal point for individual humanitarian 108iSticians and organisations involved in humaniiarian ¢ranspon and 108isiies' b. The networking of volunteers abroad. HLA 15 a profession81 assoc￿%110n with 8 glob81 ne￿ork. Its cxpenkse is focused on knowled8c sharing (o improve practice in the fjeld of humaniwian logisiics. As a Mn-operntionoj Inon4epl(kyingl ¢nliry. the Charity works in the area of emcT8cnry prcparedncss by advisin8 individual% on ¢ar¢cT developmeni and facililaiin8 dialogue and conncclions within and between multiple Se¢￿T￿. For over 13 ycars HLA has en¥agcd through capacity styengthening and innovatton projc¢ts. which most rc¢cntly have been focused on Ix)th E.ast Afrit# lurope. Our fi]ndin8 sour¢es are vi& membeT5hip subscriptions and proj¢d 8rants from insliNiionai donors or through parthers. Mlsslon E,mpoH'crcd 108iSticiatt$ thiv¢ ¢ros3 solutions are l was aw￿ed for a two-rnonth projxt to srart early 2023. The project desi￿ w&s informed by a roundrable rneeting that had "en convened in Nairobi ￿ the end of {k￿ber 2022, in collaknNion ￿7th Stsathmore Business School, ro discuss the developmeut of the IIKal p￿Ulement leaming framework. In early 2023. primary rescarch into local procuremenE and Irxal manufacwring ¢hall¢ng¢8 and opportunitics in Kcttya was conduct(xi with key infom)ants frorn ihc hcalth. aid. private and acadcmic se¢tors. A case Sludy w&% produced and exanwles from it shared at 8id ¢onf¢rences and webinars during the - Finditig5 identified that effective and 8PPTopri&te l(Kal procurement I sourcing ¢annot be achieved by a single eniity or sector approach. There nee(Ls to be high level of continuous collaboration to achieve results that w0￿d make a diffcr¢nc¢. A system buildm8 effort would augmcnt land potentiajly replace) the current aid secto¥ approacb. An outline plan w&s devetoped for longer-term Project to crea* th¢ Lwal PNKuTemcnt Learning FrJrnework in oiher countiies. Page 3 Lo8tsties A$￿¢1￿tiOn Report of the Trustees for the year ended JI Deeember 2023 Imp#rt AreA 2- Market Tr￿SParencY HLA ¢ollaEx)rdted with UNICEF Supply Division (in 2022) io obtain from the NoNegian Government Humanitsrian Innovation Fund a tWO-yeaT ￿an1 io ¢onduct rese8rch and case $n￿leS on the 'M&ss Customisation of Emergency Ksts, (¢ommunieated by UNICEF 2s 'Kits thal Fil'l. The contract is held by UNICEF wth HLA acting &$ proje£t facilitator and CQOF¢fdtill8 paJkn¢r. - The pamer5hip with UNICEF ¢otnmenced in rnid 2023 with HLA supp)rting efforts 10 localise eTnergen¢y kit customizaiion in Keny& Whsle ihe benefits are yel to be ￿lY realized thc project asks crisis affected people wbat they need •thliDg feedback OD the itrms in theRrkiL and improving supply chain visibiliry. While feedback on hurnaniTarian assisrance is part of mo#iEorin8 and e%"alllaiion in different countries. cuntni systems do not alloFé aff￿d populations io share feedback on the emergency Èlems they receive. Furthermore. loca] businesses aDd prii'a* sefflor actors do noi haNe acttss io fecdback and thu5 miss out on opponunxues to target or 2wve tr*irservÈces for emugency re5PDllse 2nd preparedness. The Kits that Fit project is Elltroducing innovative WASH items to UNICEF'S huTnanitsrian responses. by localising procurement with local buS￿¢￿se%. Rather than geneTi¢ kits sourcsj globall).. HLA is helping the projeet to prckure and prepare kits l(Kally, Increase supply chain resilience. reduLe w&stsge and 5UPPOrt l(Kal markets. By doing this. the HLA SLry>POrts the 'I￿lISatiOn agenda, and AccouDtability ￿ Affect&J Populations (AAP} and will shaTe knowledge forwider adoption acmss the sector. [M￿Cl Area 3- Empowered Logistici*ns: - Work-in-kind in this area has again be¢n a f(*us of activiiy in 2023. HLA h&8 continued to keep metnbers infomied of logistic% oeTh's and ev¢nis through newsletters and en￿11$ and ila the HL.4 websiie, which has been fundaTnental to growing membership in 2023. A number of Speci￿ off¢r ¢ampaigns were undertaken to broaden the membership footprint. - The partnership with P￿arn￿A¢10 continued with a joint knowledge shariog &ia pb&fe 2 of a prOj￿t on using drone5 for the deliycry of health supplics ID AfrÈ¢o. Supported by our new events partner. DVV Media UK HLA suecessfully org8nised and ran thc almual Health and HumanitariaD iAJgistiC5 conference in Nairobi. Kenya in Ni oi'cmbcr 2U23. securing sponsorship from UPS Fowidation. Ch¢monics 8nd W¢K>tton AUto￿tiVe. - During the year. HLA Convened severdl Tnedings and webinars for stakeholders from bustness. aid and acadernia. - Monthly newsletters- Regular newsle¢*rs have beeD produced successfully. Content was managed by our volulltetr cotnTnunicarions and marketin8 team. - Social media follow¢TS - HLA shares articl4 Énforniation and knowledge via its so¢i3] media channels. .hich bave seett a significalli iucrease ill folltswets from 2019 w 2023. Page 4 HumanitsriAn Logi5tRcs Assoelxtioii Report of the Trustees for the year ended 31 December 2023 Lessons from 2023: Focus Temain5 on deliv¢ring tligh qualiry wntetsi and r¢gular netwo￿ communications. While the reliance on volunteers 10 support ihis h&s beeD successfuL it has led to peaks and troughs in activities. Going fotivard. a core team of remuneraied s¢aff is needed to ensure con$istrncy of resource artd aciivity acro&s the year. The Trusttts reco￿lse the ne¢d for a di8ital strategy. grehrer board engagern¢nL and sw4tainable revenue. projec￿ durin8 2023 have proven io be highly va]uable and a 8ood way to supprt the HLA'S hdvowy groups. FINANCIAL REVIEW Flnan¢lal polldon In 2023, th¢ Trustees hav¢ reviem'ed HLA'S financtal controls feel thai the s¢8re8ation of the ro1¢5 of Financial Controller {accounianvTrM)okkeeperl and a Firw)¢e Direeior coniinue 10 be robusi given the incTeasing sums being handled by Charity. The Cmanci81 ix)stion of th¢ Ctrthrity for the ye•r ¢nded 31 Dec 2023 was 8$ follows: Free Rc5crves £S.173 RestriLicd Reserves £14.967 Turnover £ 71240 Po8¢ 5 HUM*rtit*rl￿ Logistics Ass0¢i¥tion Report of the Tru$t£es for the year ended 31 Deeember 2023 FINANCIAL REVIEW Reserves poli¢y R#tion•Re: . To provide a level of workill¥ eapital prn¢cts the continuity of core work . To provide a level of fut)ding for uncxpe¢ted opporDJnities - To provide cover for risks {e.g. unforeseen expendin￿e or uftani1¢i￿tCd loss of income) Preaent *nd MAJor Rlsk8 Rcdu¢tkon in corporal¢ Involven￿lI - Relian¢ on contributions from a few organLSalions - Lack of personnel with day-i(thy prncttcal involvemtsit - Dependency on 5m*ll number of k¢y individuals io ov¢tsee all asp Future IU$k Fgtt•n - Management i$ bein8 b)Isiered by suitably qua]ified personnel ￿ share the workload Art iniiial Aid Logisiics Annual Conferettce and Awards event will bring stakeholdm 108ether to rjnd ¢ommon ground and improve aid delivery - A Tevamped websitr will be lauttched to new service offerin85 to the aid Logistics sector A de¢ailed review of risk5 was kepi under r¢vicw during 2023. The TrU￿t¢s1Dlr¢e￿Ts remain aware of their respon¥ibilili¢5 for risk m8n8gemcnt and seek io id¢ntify and then eliminate. ameliorate Ithrovgh insurance and (IthrT me¢hani5msl or where essential acLCPi and track the risks 10 HLA wilh rqx)rts of their impllLI t TnL%tcelDireLiors 8t their rneclings. The trustrc5 aware of the risk5 iu the charily b8sed on ih¢ RitDk Rcgisier built on th¢ advice ofthe UK Charities Cornmi&8ion. regul￿or. Reserve C•l¢ulgtlonJ RisLrv¥¥ lo COVLr possible out8oing¥ for 6 months are Considered r>ecess8ry as follows- DLKrcascd COryM>rnt¢ involvcmcnt £4,8(x) (hhcr yration81 costs £2,4(M) Total £7.200 Thesc fi8urc% are ba$ed on.. l. The risk of incurrin8 siBnificaDi Lmfor¢sttn ext￿￿1￿￿¢ cannot be delay￿. and th¢ likely magnitude of such cxpendittire, and 2. The risk of 5ufferin8 significaDi unfore5cen loss of incomc whi¢h catthot be replaced in the short term. and the likely magni¢ude of such a Ios5 Revlew of Rtserye R￿UIrements The trusttts review the amount of reset%'¢s that ue requircd to ensure that they are adequate to ￿lfil the charity's continuing obligations 1)tt an annual b&sis prior to an AGM. In prineiple. Trustees only authorise projects when l(KPh of the annual ¢ost is hcld a rcxrve. When projects a￿ undcrtakcn in foreign currcncies. a ICPh a]lowanLY is madc for exch8n8c rn¢¢ fluctuations. HLA has a poli¢y. levying a l(P/o ov¢rhwl on proje¢rs for charitable gov¢rnance - where feasible and allowable by donors. This was inf0m￿d by the Chartty Cornmission 8uideline that proper governance should be in the rdnge between 10-150/0 of all costs. This policy will be kept utsder review as the need for iti-house and tx1crn￿ fift￿¢1&1 and legal adYi¢¢ wow5. Page 6 H￿M￿nItariaN Logistic$ Asgociaiion Report of the Trnstee5 for tbe year ended 31 De¢¢rnber 2023 FL'TURE PLANS As well as membership growth and the n¢)w regu]aT ¢vents of 5emiw. advocacy group roundiable Me￿ing$ and tbe annual Health and Humanirarian Logistics Confetence for me[[￿erS aDd otber sthkeholders, sigtsificani addiiional developmen15 are expect￿ includin - Continue to operate in pamership with UMCEF on the Kits that Fit project. This work will represent th¢ primary focus of HLA'S a¢tiviry during 2024. Stret)8then the LOC￿ Procurement Learntn8 Partrership advcw group through the implementsiion of further research and knowledge sharillg projects. This will includc the preparation of fiu)diD8 proposals to iuppon the e£)niit)UAtiorL of research WO￿ started in 2023. - Explore other project oppornmities and fimding - CoDiinue to suppwt the bunthTJirarian logistics network througb thougbt leadership initiative5 - Explore partnersbips / swbnsors / donors to SLW HLA core xiivitie5 - Strengthen communicatsoDS and cottieni development for social media attd the website - Build the volunteeT bast to support HLA administrntion and the Secretari￿ with the aim to increase income I fundiog that will enable team rtmuneration Obtain sponsorship for the Annua] Hwnanitarian Health aDd Logistics Conf¢renc¢ to support ev¢Dt organisation Better and more up to dale ¢on)municatiOtsS have all0￿.ed ￿ iytter to promulgat¢ the humanitsrian logistL(S lessons ￿)d innovations to our eommunity of prartite. STRUCTURE, GON'ERNANCE AND MAYAGEMENr Governlng document The charity is controlled by its governing thumthL its M¢nM)rdndum and Articles of Association dated 21 Janu8fJ' ?008 (Amended 9 January 2009) ho￿ever new Articles of Associolion were adopted following thc year cnd on 28 Marcb 2024. Th¢ ¢ban"ty constiwtrs a lirnt￿d company, litnitcd by guarante¢, ￿ dcfjncd by the Compani¢s Act 2006. The trusiecs also follow the Charity Cottllnission's 8uidcliDes 'ChaTity rcN)rting aDd a¢¢otsnting: the C55entia]5 Yosember 2016. Page 7 Report of the Trustees for the velr ended 31 December 21123 STRucfuRF., GOVEILYANCE AND MAYAGEMEh Organis#tlonal Jtru¢turt The HLA has bcen managcd under the S￿￿￿e oudined below: Bo*rd Df TnMtees Chlef Executlve HLA AdvRMry Gro•p Head of Operaiions Accowi Markding & Commurtieaiion5 Advocacy Group5 Member*hips The Company is overseen by a BrATd of TrUs￿DIr￿t0rs of wide exFwience the humanirarian lo¥isiics secior. private secior and academia. And is oyerseen by ITS chirmati. The tTU5tees rrttt physically or electronically at leam four limes per yehr. Tn]stees T￿c]v¢ straiegi¢ 8wdanc¢ and support from the HLA Advisory Group (HAGI. which normally meets every mouths. The charity r￿oTts Lt$ ¢volYing p¢rsonai Tr￿n￿p on the Clwity Commwion website. There are no voting ri8his aiia¥hed LO this form of memknhip. Fiscal ￿rfoThna￿¢ 15 reported 10 Companies Hol￿ and the Charity Commission. Hl,A Advlsory Group IHAC) Th¥ HACJ bLxomi u kcy SOUTC¢ of plannin8 stsppon w lh¢ overall Bov¢rnan¢e of Hl.A. ThL objcctiNe nf the HAG is ¢0 provide space for advisors to discuss iopics specific to humanitsrian 1081stiCS &5 thcse relate to the operation of the HLA &8 an international professional association. which repr￿enL* the iniere5ts of its m¢mbcTS. The overall purpose ofthe HAG is to allow the various aciors ¢n8a8in8 With humanitarian logistit5 activities lo discuss ideas and CKperiences, thaT¢ r¢sourees And 1¢4rnin& and io foster 8reater collaboration 8mon8 organisations to impTOVC pr3Cti¢¢ and io d¢vclop thc 5L%tor. The HAG provid￿ straiegic and orKrntiOr￿I 8uidancx and te¢hni¢al dir￿[100 ty the HLA Iloard of Tn￿1¢¢1. l¥lember Protlle - High-level thou8hi leaders in the fields of health and humanitari￿ l08istics. swly chtiin manag¢ment and marke¢-based progrdmmin8 e.8.. rcco8ni5cd leadets in the industry, CEOS, Iloard M¢mbcrs of high-lcvcl initiatiyes such as individuals r¢preseniin8 univer5itie4think-tsDks, privatr s¢cior108i5tics companie& donors e¢c.; - Individuals who w¢r¢ or are actively workmg in lowstiu and humanitari￿ assistatice - to ￿ ablc underst8nd our aims: - Individuals suffi¢ienLly r¢5Wted in the lo81￿1($ and humanitarian sxtor to add to the reputation of th¢ HLA,. - Individua15 who represent diversity with tespect 10 8eographi¢ location and In￿l￿tional type. Advisory group members that served during the rcportitig r*nod were: l. Will Holden. Managing Dir¢ctOT Emergency Logistics Turn 2. Martijn Blansjaar, Head of Supply and Logistics, Oxfam GB Page 8 HumanltsrlAn ￿gIstiCS Asfoelatioii Report of the Tru$tee5 for the year ended 31 December 2023 STRUCTURE. GONTRYANCE AYD MAYAGEMEh 3. Jane {Tikhwil Muyundo, Humanitarian Logis¢ics & Capxiiy Building Consulthnt 4. Neil R(Kiri8ues, Senior Director, Global Supply Chain Opcrdtions. IRC S. Dr Jarrod Goentzel. Direcior. MIT Humaniwign Supply Chain lab 6. John Cropper, Co-found¢T, Pyramid Learning 7. Ils¢ Larkin. Logis11￿ Officer, UN WFP 8. Dr Wojciech Piotrowi¢z. Direcior HumL￿ Insi]tu￿ Helsinki 9. Rishi Ramrakh& Head of Owational Lo8iSiics, PwKurement Supply Chain Unil, Africa R¢8ion, IFRC 10. Otavio COS￿ Lo8is1i¢s Officer, UN WFP &)malia I l. MA￿le Heraty, Humanitsrian loBisti¢ian l Advisor, T￿ns￿$rt fv London 12. Michael Sione, Pre5idenT. IFRC Alumni Associatio 13. Rebe￿2 Darts. Procurerneni Specialis4 Oxfam Novib (Secrfary to the Advisory Group) 14. Haythi Sandvi8. Dirtt￿r Logi$(ics Lewming Alliance REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 06477969 IEn¥land and W'ales) R¢gIstered Ch*rlty nurnb¢r 1127723 Re%lstttred offl¢¢ Thr Mill House Mill Lane Earls Bartort Northampton NN6 (INR Trustees G A Fenton (rcsi8tted Iwin024) l J Kwamy P M Maritz (resi8ned 14n12023) S G Park¢r N K Rodrigues Dr S A Schiffling (resigned 181112024) Ms K S Grant Iresigned 31/812023) Miss Z Ccrnakova (appointed 14n12023) C B Roy lappoint¢d 1417120231 MS S Kalam lappoinied 141712023) C J Aworth (appointed 12nn023) Cgmpsny Secretary C J Awonh Pa8¢ 9 Oxford Street Ckrf?ig /a P••> io IndepeDdeni Ex8miDer'5 Report to the Trnstees of Hum2111tarian Logistlu AssOtixti•n Independent tx#mlller's report to tbe trnsteu of HumaDit*rign LoRi$tlu Assotiatiohl ('the Comp*ny') I report to the ¢hariry tru51ees on my examination of the accounts of the Company f(Fr the year cnd¢d 31 December 2023. Responslbllltie$ #nd basls of report As ihe ¢haTity'5 tsljstees of th¢ CompAny (and also its direeioys for the pwpos¢s of company law) you are responsibl¢ for the preparniion of the accounts in ￿COrdsn£e with the requirements of the Companies Act 2c￿6 ('the 21J)6 Act.). Having 5atisfi¢d myself thai th¢ a¢￿Unts of the Company are not required 10 be audiicd under Part 16 of the 2￿6 Aci and aTe eligible for independent exarninaiion, l T¢rxJrt in res￿1 of my examination of yOLhr charitys accounts as carried out Under Section 145 of the Charities Aci 2011 (Ihe 2011 Aci'l. In caryirt8 our my examination I have followed the DI￿10￿5 given by the ￿?rity Conunission under Section 145{51 (b) of the 2011 Act. Independent ex*mlner'i statement I hav¢ Compldcd my cx8miDation. l eonfirni no Trafter5 bave Come to my attention in CODneetion with the exAminarion giving me cause io believe: a¢couniin8 r¢¢ords were not kepi in ofthe cOmp￿Y as requiTed by Se¢iioD 386 0( th¢ 2006 A¢1: or the ￿CoUnts do not acconl with those rewnls. or Ihe aceouni* do not comply with the Ac¢ouniin8 requirements of Se¢iion 396 of the 2006 Act other Ihan any requirement ¢hai ih¢ accounts 8ive a fair view which is not a matier considercd part of an independent e%aminaiion: or Ihc accDunL% have noi b¢en prq)ared bn accordance with the methods and principles of the Si8itrneni of RewmmeThJed Practice for accouniing and reponin8 by chariti¢5 (applicablc io chAriii¢s preparing their ?¢counts in accordance with the Fin￿￿781 Reponins StsndATd •rq)lic&ble in the UK and Republic of Ireland {frRS 102)). I hav¢ no con¢cms and hai'¢ ¢ome across no other mailers in ¢onnec(ion with the cxaminaiiort to whi¢h attcniion should b¢ driwrt in ihis repon in ord¢r to enable ? proper und¢r5thnding of the accounts to be re￿h¢d. Sophia M4ynell (FCA) Tayabali Tomlin Chartered A¢¢ountants K¢nton House Oxford Sire¢t moreton-in-M￿h Gloucestershire GL56 OLA Date.. Pagell HurnADitarian Logistl¢s Assoei*tion Stat¢meTrt of FlnAneiAI AetiTrTrties for the year ended 31 Decernber 21123 2023 TotAI funds 2022 Unrcstrict&l R¢stricied fund fiEDd funds NCOME AND ENDOWIKEhTS FROM Other trnding ac¢ivities 31J93 39J47 71340 44212 EXPENDITURE ON R2i%ing funds (54) (23 (289) 4J83 her 49,297 24th15 73.912 43,194 Total 49243 24J80 73.623 47,577 NET If*COMEI{EXPENDITURE) {17J50) 14.967 12J83) {3.365) RLCI)NCILIATIOTri OF FUP4DS Total funds brou8ht forward 22J23 22J23 25,1188 TOTAL FUN'DS CARIUED FORWARD 5.173 14.967 20,1411 22,523 The notes fomi part of these fLnan¢io1 ststements Page 12 HumADitAri4n Logistics Association Balance Sheet 31 Decemb¢r 2023 2023 Total funds 2022 Total funds Unrestrictoj Restricted fund fund CURRENT ASSETS Ikbtors Casb at baDk 1963 27.153 1.184 22,942 14,967 30.116 14.967 4S.O&I 24.126 CREDITORS Amounts falling due wtthill one ycar (24943) (24943) 11.603) 'ET CURRE￿7 ASSETS 5.173 14.967 20.140 22.523 TOTAL ASSETS LESS CURRENT LEABILITIES 5.173 14.967 20,1411 22.523 NET ASSETS 5.173 14.967 20.140 22.523 FUNDS L'niestricied fuD& Re>triCt￿ ￿ndS 5.173 14.967 22,523 TOTAL FUF*DS 20.140 22.523 The charitabl¢ ¢ompany is eftiitled io exemption frorn audit un(kr Section 477 of the Compani¢s Act 2006 for the year ended 31 December 2023. The members have not required the company to obtsin zn audit of its fmartcial statements for the year ended 31 December 2023 in a¢cord8n¢e with Section 476 of the Companies Act 2￿￿. The trustees acknowledge their reswnsibilitie$ for (a) ¢nsuring that ihe Charitable company kcqjs accountin8 rceords comply with sectio￿ 386 and 387 of the Companies Act 2006 and (b) preparing fJnan¢iai statements which give a true and fair view of th¢ stsEe of affain of the Charithble eompany Is at the end of financial year and tsf its surplus or deficit for each fJnan¢ial year in accordance with the requfftrements of SeetioDs 394 atml 395 and ￿thI¢￿ othetwisc comply with the requÈrements of the Compani¢s Act 2(X)6 relaiiT)g to financial statements. 50 far as appli¢able to the ehariiablc eompany. The notes forrn pan of financial stsiements Page 13 continued... 31 Dot•nlJ¢r2nJ P•8¢ 14 HllMAD1taria￿ Lo8i$tics Asso¢i*iion Notes to the Financial St•tements for the year ended 31 Deternber 21123 AccourYfIi%G POLICIES Basis of prep#riD% the f￿%￿¢￿11 itsternettts The financial Str￿ents of the Charirable conwy, whi¢h is a publTe benefit eniiry under FRS 102, have been prepared in accordance with the Chariiies SORP (FRS 102)'Accounting and Reporting by Charities.. Statement of R¢tommertded Pzactice applieable to charities prq)aring their accounts in accordance with the FiIJaDcial Reporting StaDdard applicable in the UK and Republic oftreland IFRS 1021 (effeciive l January 20191., Fir)ancial Rep)rting St2ndard 102 Tr Financial ReFK)ning Standard applicable in the LX and Republic of Irelartd, and The Companies ACL 2006. The fsnanciaj stswnents have been prtrpared under the historical cost conveniion. Illeome All income is recognised In the S[d￿ment of Financial Activities once the charity has entLTlement to Ihe ￿nds, li is probable the income will ￿ r￿e1Ved and the amount can be Measu￿ reliably. Expenditure Liabilities are recognised &s expamliwre &s as thtte is a leg21 or constructive obligation committing the charitri to that expenditure. it is probable that a tra￿sfer ofecgnomic benefits will be required in settlemeni and the amounE of the obligation can k Tneasured reliably. Expenditure Js accoun1￿ for on all accrua15 basis aDd Itas been classtGed under headin85 that agBre8ate all cost related to t￿e cate80ry. Where costs cannot ￿ diTe£rly attributed to FArtscular headiugs they have been ailoca*d to actii'ities on a basLS tonsisteE)t witb the use of re50urca. T8%ation Thc charity is exeu4)t fro￿ coTK)rdtioll t&x on its ¢barr￿ble aciivilies. Fund *¢touDtittg L'llrestyicted funds can t¢ used in accordan¢e with the clwitsble Obj￿Ilv￿ at the discretion of the tnjstees. Restricted fimd$ Can only be used for particular restricted pwp)ses within the objects of the charity. Rcsthciions arise when spccified by the donor or V4h¢n fi]nds ate raiscd for ￿lcUlar restricted purposes. Further explanation of the natu￿ and PUTFW of ea¢b fimd is included in th¢ notes to the financial stsiern¢nis. Page 15 Hllm¥4Ditari#n Logistics Associ*tion Note5 to the Fitsaneial Staiements- tontin￿ed for the year ended 31 December 21123 OTHER TRADfHG ACTIVITIES 2023 2022 Fundraising eVe￿ts Services Sponsorships MeEtthet5hips 2,824 51,015 15.130 2,271 1,467 8.475 25.698 8,572 71,240 44.212 RAISING FUNDS Raising donations and legaeies 2023 2022 Support costs 1.172 TRUSTEES, REMUNERATIOI% BENEFffS There wtr¢ no tTUSt¢cs' re[nunc￿lI0Tr or other bencfits for th¢ y¢ar ¢ndcd 31 Dcccmbcr 2023 nor for the year cnd¢d 31 D¢¢¢uLber 2022. TTUSt¢es' expenses There were no trustees, exp¢nses F•id for the year ended 31 Deeember 2023 nor for the year ended 31 December 20?2. COMPARATIN'ES FOR THE STATEMEf4T OF FIliLNCIAL ACTIVITIES Unre5kncted Restricted fund Total funds INCOME AND ENDOWMENTS FROM Other trading acts"viries 44.212 44.212 EXPENDITURE ON Raising fun 4.383 4J83 Other 43.194 43.194 Total 47,577 47J77 NET INCOMEI(EXPENDITURE) (3.3651 (3a65} Page 16 conlinued... HumaTritxrian Logtstlc$ Assoeiaiion otes to the Financial StaterneDts- continued for the year eDded 31 Detember 2023 COMPARAMTS FOR THE STATEMENf OF FINA)CIAI. AcrtvrrtES- CODtlnued Unres¢ricted Restticted Total RECONCILIATION OF FUNDS Total funds brought roTh￿d 25.888 25.888 TOTAL FbThDS CARRIED FORWARD 22,523 22.523 DEBTORS: Amouyfs F.4LLING DLT WITHEN ONE 2023 2022 Trdd¢ d¢b¢ors PrEpayTDeDts 2,821 142 i.(Ki 142 2,963 1,184 CREDITORS: AMOUNTS FALLIYC DUE WITllll% ONE YEAR 2023 2022 Trnde creditors Other creditors 23.455 1388 413 1.190 24,943 1.603 MOVEMENT IN FUNDS Tr*et nx>vement in fun&% At 31112123 At 111123 Unrtstrlcted fullds Generdl fund 2¥11 (17J50) 5,173 R¢$tri¢ted fvnds Restricted FuDd 14,907 14,967 T(xfAL FLNDS 21523 {2 J83) 20.140 Pa8e 17 corttinued... Humallit*ri*n Logistics Assotiation Tr*otts to the Fin#ntial St*tements- eDntinued for the year ended 31 DeeembeT 2023 MOVEMENT tN FL'YDS- eontlnwed Net rnovem¢nt in funds, i￿luded in the above a￿ as follows.. Incoming Resources Movernent expended its funds Unrestrfcted funds General fimd 31m3 (49243) (17J50) Restricted fuDd$ Restricted Fund 39J47 (24J80) 14.967 TOTAL FUNDS 71340 (73.623) {2J83) Cornp2rAtive5 for rnovernent funds et movemeni in funds Ai 31112122 At 111122 LTnrestri¢ted funds Genera] fund 25.888 (3,365) 22.523 TOTAL FUNDS 25,888 (3365) 22,523 Comparative net movement ill fill￿. ineluded in the aFx)ve are as follows.. Incoming TESOLwces Resources Movemenl ex￿nded in funds L'DreStriCt￿ funds General fund 44.212 (47.577) (3,3651 TOTAL FLTr, IDS 44.212 (47,577) (3.365) Pa8e18 continued... Htsm4tslt#rlan Logisties.4sso¢tiition ote5 to ihe Financial Staternents- coDtiDued for the year ended 31 December 2023 MOVEMENT IN FUNDS- eontinued A clllrent yvdr 12 months and prioryeat 12 tt)onths con￿Illed position is as follows.. Net movemcnl in funds At 31112123 Ai 111122 Lnre5trieted fulld$ General fund 25,888 {20.715) 5.173 Restrlcied luTrds Restricted Fuod 14.967 14,967 TiyfAL FUNDS 25.888 (5.748) 20.140 A current year 12 months and PTior year 12 montlLS combined nei movem￿1 in fimds. iajcluded in the a￿ve are as follows: Irtcorning rty)urces Resourccs Movement expended in funds U￿reStriCted fund5 Genenl fund 76.105 (96,820) {20,7151 Restricted funds Restricted Fund 39.347 (24.380) 14,967 TOTAL FUNDS 115.452 Il21,200) (5.748) RELATED PARTY DISCIAY3U There werE no related tArty traDsactioDs for the )e4rended 31 December 2023. Page 19 HuJD*ttit*rlaD Logistie$ As4bci*tiOn Detailed St8tement of Fill8neial Activi¢i¢s for the year ended 31 Detember 2023 2023 2022 INCOME AND ENDOW.MEP4TS Otber trading *ctlvities Fundrai5itig eve4ts Sejviceg Sponsorships Membership5 2,824 51.015 15,130 2371 1.467 8,475 25,698 8,572 71,241) 44,212 Totsl incoming rfstsurees 71340 44,212 EXPENDITURE Other tradiDg Aetlvltles Bad debts 3.211 Support ¢o$ts Managerntnt Ecommerce Subscriptions Accoun¢ancy Sundries Events and aid expenses Travel and subsistence Printing and Ststionery Computer exwis¢s Webstte costs Consulting LPLP expcn5e5 Fttndraising Insurance 109 167 1161 2.196 9.154 1120 1,638 1557 25.192 1,63 286 1.710 5.486 850 3.449 226 337 917 5530 44.446 70.970 43.641 Fin*nc¢ Bank charges Curr¢ncy losse￿ (gains) 287 438 1.847 2.653 725 Tottl resources eX￿n￿d 73,623 47,577 P*et expertditure (2J&31 (3 J65) This page does not forni part ofthe stknjtory financial $thtements Page 20