COMMUNITY AMBASSADORS INTERNATIONAL (Company Umfted by Guarantee) REPORT AND FIPIANCIALSTATEMENTS for the year ended 31 March 2023 Company Number. 07220146 Charity Reg15tratlon Number. 1137338 11111 *￿]FAqIZ. 29112r2023 cO￿ANIEs PIOUSE #50 cl￿tents Paqe Reference and administrative inforniaticln Directors. Re5X)rt Independent Examinerfs Report Statement of financial artNities Ilncorporating Income and Expenditure Account) io Balance sheet li Notes fomiire part ofthe financial ststements 12-16 COMMUNITY AMBA55ADORS114TERNATIOPIAL Referen￿ and admlnlstratlve Inf0m￿lOn Directors Mr Cameron Rose IChaimian} Mr lain Langlands ITreasurerl Mr Nigel Burgess Mrjeremy Bass Independent Examiner SG Renwick BA FCA Bankers HSBC 55 Victoria Street Grimsby DN31 IUX Re81ste￿ Offi 7 East Pallant Chictr￿Ster West Sussex P019 ITR Company Registration Number 07220446 Charity Commission Re8iStration Number 1137338 COMMUNITY AMW5AtK)RS IKfERNATIONAL DIREcfoRS' REPORT The directors, who are also trustees for the purposes of tharity law, submit their repc•rt and the financial statements of the charitable tompany forthe year ended 31 March 2023. The directors consider that the most effective rnethod of athieving the charitable cornpanV5 aims and objectNes is through direct delivery of programmes in areas where the charitable company ha5 long tern) volunteers and through grnnt makin& predominanty via partner or8anisatK*ns. The charitable company concentrales its work in particular eeo8raphi¢al regions with the airn of providing benefft to b)cal communities. In thisearly sta8e of the charitable companVsdeveknpment. work is byedominantty Ca￿led out byself-funded volunleers and partner Organi&￿lOnS in overseas location& Thss provide5 for a ffl0￿ eeonomit approach. allowing resources to be directly Lrtilised for the delivery of our pro8ramrnes instead of being unnecessarilv expended on stsff arbd administratple costs. Usin8 both partner or8anisations and ktrng temi volunteers enables the charitsble company to better utilise estsblished InfrastruLtures and local knowled8e to sour opportunities more effertNelv. In settingthe charitable cOm￿n￿$3¥MS and objectivesand in planningfuture actwities.the directorsconfim that they have complied with their duty under section 17151 of the Chartties Act 2011 to have due re8ard to the Charity Commission's 8eneral guidance on public benefft. The chèritable compary's objects are specifically restricted to the foifowin& To athlance eduCat￿n including ￿ not restricted to the Thprlwement of literacy• numeraw •nd vocational skills. forthe benefft of people an￿here in the worfd: The Telief and prevention of finanual hardship in any part of the world. through the provision of grants. seNices, consultant advi￿ or support designed w enable indp4iduals to generate a 5UStainable income and be self-suffKient: The relief and preventlon of sickness. suffering and distress whether due to poverty. natural or other disaster or cata51rophe. and the adVan￿mertt of health by assisting ne￿s$[t0uS persons in any part of the world: To provide or assist in recreational, leisure and sporting activities or facilitre5 designed to improve the nditions of life and soclal weffare of people in any part of the world who are otherwise disadvantaged (by reason of their social or economit circumstances. Isolat￿)n. poverty. infirmity. disabilFty. youth or age): Any otherawtiated charitable purposethat may reasonably be regarded as analo8Duswith the objects ab¢)ve that may be of benefrt to the community. The board of directors of Communty Ambassadors International have continued to encourage volunleers with ¢ommunity-based initiatives during the year to"31 March 2023. Additionally. the board hès supported the deciston by one of CoAm's lon8 tem Volunteers to continue with thecharitywhile tf•nsitionin8to mainly providlng advice as a consultant wrth othervolunteers both with COAM and with other partnerorganisations. CoAm's focus contlnues wilh supportin8 initiatrles that lead to sustainable change within the community. rather than those that are temporary fixes. Consultancy help and discussions both through conversatKJns online and facfrto-face have been key to helping other organi5ations fom) similar approaches in regard to developin8 projects wlthin local communitie5 and thus maximlsin8 publk benefit. As in prev￿5 years. some COMMUNITY AMBASSWKS INTERNATIOPIAL DIRECTORS. REPORT {Conilnued) Achlevements and Perfomwnce (continued? of the partners ourvolunteers have collaborated with have been Solbon International. Global Hope Network International. Agilis and Global Partners invarious comrnunitie5 across Indonesia, Laos. Wietnam. Senegal and Jordan. CoAm volunteers also help with Culture and Language Acquisrtion coaching •nd supevvtsion of volunteers èrrivin8 in these countries. as well as IKcasionalfy helping others. The board reco8nises that helping volunteers with COAM and workers with other organbsations to become fluent in na￿￿nal and local minority lan8ua8es contrilxrtes to long-tem effectivenessoftheircommunty-based projects that are forthe public benefrt of the wider communities. Helplng partner organisation5 Bain iKAh language ski115 and cultural understandin8 in the communities In which they are working has led to other ¥0￿￿teerS and wwkers increasiryg their participation in more layers of communlty internrtion. Opporlunities for our volunteer5 to help others remotely continue. whether ID their home countries or in x>utheast Asia. Some volunteers hwe been providing seminars, helping conduct orientstion program5, and personal coaching in CLA principles. The focus for those who are fluent in the national language and culture is on training and thinking through how tt> assess ￿$sily11t1eS for relocation to minorlty and under4evebped areas in Lao5, Vietnam. Sene8al and elsewhere. DisoJssions often cerrtre around what micro*nterprises are most appropriate for each area, using the expertise so far gained in long- term community engagement across 50Utheast Asia. These micro-enterprises in turn provide stabilty and a basisfor communlty engagement in health and educ*ional projects and advice. The board and volunteers continue to prioritw SUP￿Y1￿ consultant ad￿ to others who also pract•ce community-based approach and have a hi8h desire to learn local lan8ua8es and culture to be most effectlve. This includes advising and encouraging lan8uage pro8rnms that have been developed ty tutors initially trained by COAM volunteers over severnl years. The twe virgin coconut oil IVCOI village produrtK•n lacilities continue in West Sulawesi and South Sulawesi with very Itttle ¢onsult•ncy advice needed. VCO sedimeftt to create 95g soap bars have been sold in Sulawesi, further raisin8 a means of support and a source of income for many families in Othe￿ISe imp￿eri$hed village& The proce55 for makin8 VCO uses the ￿Irect Micro Expellin< (DME) technique of VCO produrtion. Using the OME process invofves smalkscale processin8 of coconuts * the village level. retaining a greater percentage of the profrts Irdther than sendin8 coconuts elsewhere} to produce highty sought-after Virgin Coconut Oil IVCOI. The shells contribute fvel ft>r the dryin8 tsble. and the oil is extrarted usin8 a manually operated told press within an of the coconut being opened. leading to a quality product that Is saleable domestically and frt for Iwlk sale to an exporter. Upto fifteen people are employed in each facility by localty established social entreprerteurshlps (that ourvolunteers haT•* helped establish and advise). The Cocoa Development project. ift conjunction with Solbon Intematlonal has continued with funds supplied through and In partnership with Global Hope Network International. The key role for COAM volunteers continuesto be over5i8ht: ensuring that the project is administered well localFy. with occasw)nal coordinatin8 with l¢)cal government and village personnel. Farniers continue to share the principles that have been learned that help reduce crop diseèse. superior qualty of seedliw lin nurseries initially provided voIub)teersl and devek>p grafting skills {that aye key to rehabilitstift8 oldertfee stock). COMMUNITY AMWWX)AS INTERNATiofiAL DIREcfoRS' REpoirr Iconlinued) hlevements perf￿M￿ (c￿￿0ThUedl The Cocoa Development projeci in conjunrtion with SOl￿n Intemètional hascontinued with fund5 Supplied through and in partnership with Global Hope Network International. The key role for COAM volunteers continue5 to be oversight: ensurlng that the project is administered well localfy. with occasional coordinatin8 with local govemment and villaee personnel. Farniers continue to share the principles that have been learned that help reduce crop disease. grow supemr quality of seedlings {h) nUrSe￿e5 initially provided by volunteers) and develop grafting skills lthat are keyto rehab111tsti￿ older tree stock). An associate volJnteer in Indonesia has continued to Use their pr￿m)US experien￿5 and connertion5 With GHNI to promote a style of community led development workshops in villages where the￿ is a particular need for clean waterand sanitstion. By or8anising a committee approach that enables communlties to stats these problems and others and then identify resources availabletothem. these communtydriven workshops often lead to overcomin8the ob5tacleswith low-tech solutions, capital and labourthat otherwisewould have taken an out￿de source of income to OVerc￿le. Volunteers have engaged with this model both directty lon an ad hoc basis) and also in using the principles to help those with other organisations too. Initial projects have nomially been identifyin& testing ènd routin8 additional water sources and brin8in8 those directly to homes within a village: then creatin8 8r¢ups to share the costs of buildin8 latrifies for each household, althou8h this can be ￿0w. Wheresufficient en8a8ement by the community hastaken place, fvrther coaching and or8anisin8 can assist more invO￿ed programs, suth as creating a revofving fvnd for raisin8 livestock that is not dependent on outside sources of fundin8. We believe Ixittin8 the time and effort Into malnt?Inlng these connections is enhancing the advKe that we are pr￿iding to other volunteers. The library. reading pro8rJms •nd trnnslatr(￿ with 5tory-tellin8 initiati¥e run by national workers and associate volunteers with Solbon Internation81 has continued. The vision remains to enable children from non-literate househotds to learn to read in their local language. as well as the national language (and fi>r some. in English too). To that end and for tr* wider public benefft. suitable stories and reading material for adults have also been translated. in¥ofving a team of up to 8 local peopbe assistirg to help 8uide the process to be as c105e as possible to the way people communicate in their culture. Partners with A8llis that we have advised in ￿￿tnaM have been able to stsrt their tourism business Incorporating projects designed to train kKal 8uides and crafts worker& Tlw are now fluent in Wietnamese language and culture and have continued to educate local people about 5UStainable t￿sInesS concepts in the city. Next yarthey plan to move to a mofe rural area in the countrfs northwesL when we hope to contlnue to supp)rt their initiatr¥es in èncoura8in8 tourism based micro-l>usinesses in the community. DIREcfoRS' REPORT Icontlnued hlmments and Perfwrn?n¢e (￿lIn￿ed) In oll reqlons An added benefit of our volunteers living and engagirvd with communities lalon8side other responsibilities that they havel has ljeen to provide help and advice for members of rural communities. Frequentty, this is In areas as d￿e￿e as providing nutriiional guidance related to what is loolty available. hygiene thice. and a steady help with the fomis and 8eneral bureaucracy that is required to fvbfil various legal requirement5. This can range frc>m helping locals with issues to (lo with Irvelihoods being threatened, accommodation dama8ed or the fulfillir* the requirements for registering transportation. In addition. volunteers have supplied practical and small-scale economic help to make transitions to a rnore sustainable nd healthy way of life Ithou8h this is not re8arded as"community deYek*pmenff l. Sometimes. it is simpty an act of kindness that helps vtllagers towards a heatthief way of life or correctty complete I￿rea￿¢￿tIC or other legal requirements. And in the tn￿st sense. COAM Volunteers have atted as ambassadors for local loften rurall communities. ¢reatin8 awareness ènd connertI￿ them to resour￿ for help with access to healthier livi￿ livelihood. medical and legal. In keeping with CoAm's vis4)n. this arnbassadorial role does not duplicate state provi&on of these services, Imrt through good encoufagFn8 volunteers and partner organisations to gain experience in the local culture and language helps connert viUa8es to what is already available in these areas. Provldin8 advlce and consultancy in how to a55ess new areas for engJgeTh*nt continues for all areas with volunteers with partner ¢rgani5ations such as A8ilis and global partners. We continue to encourage volunteer5 and organiSat￿n5 that we in partnershipwith tovisit and in¥e5tyte aTea5tO aSse￿¥14b1Irry before committln8 to help local communbtles. The directors of COAM continue to monitor the approach volunteers take locally to these issues to ensu￿ that finance 8iven through COAM remains for the use of Volunteers en8aged in helping cofflmunit￿ and does not inadvertentpy 5upk￿rt comjpt pract1￿. Atthough tllne-consumi￿ it is beneficial to develop 8￿d relationships with the varw levels of loul 8ovemmenL understandin8 their concerns first before bringiTrd In any new pro8ramme& COMMUNITY AMBASSADORS INTERNATIONAL DIREcfoRY REPORT Plan$ for Future Perfods The directors contlnue to explore other avenues for the involvement of our volunteers in both direct engagement or SUpE￿rtIng organisations committed to 'community focussed. development. and for attracting like-minded indNiduals to volunteer with us. During 2023- 2024 the directots aim to:_ l. Continue 5UPP)rt for lan8ua8e ab)d culiure acquisit￿n options that equip volunteer5 to specifically to learn within a community. such that villa8ers themsebles can be the dirett teachers ft>rvolunteers: 2. Maintain links With those practicing fornis of communtty driven develowient partnerin8. Continue with modellin8 the approach and advisin8 volunteers of any organisation lookin8 to set up commun5ty development programs: 3. Support volunteers in travel plans to SE Asia. the Middle*ast and Africa to gjppty advice to others engaged in sustainable community-based development initiatives and research.. 4. Advise and help anafr￿ ideas for micro-Iw%ne55es th* are designed to benefftthe wider public good in a communiv, 5. Continue with being available for any help and advice needed by both local and expat co-workers ifi b¢)th village5 With VCO production facilit*s. & Advise at the Mj Institute as needed. helping the development of its edutational prograrn and culture/lan8ua8e PfeseNation initiatr￿and translation of oJlturaUy appropriatetexts inthe localminority langua8e. Continue to advise on any health education initiative: 7. Advise and support by usin8 èssessment crltefla for undeTStandinB needs presented towns and villa8es in a variety of countrie5 and context5. Continue with consultatNe ties with othervolunteers in Southeast Asia. particularty new volunteers associated with C&4m in Indonesia. Thailand. Y*tnam. Laos. 5ette8al and Jordan currentty studyin8 language and ojlture: 8. Expand the supporter base forcommunity AmbawdoTS Interna￿TraI a￿j more actively promote fe8ul•r givin& reuuit more volunteers overseas. preferabty those with local kn¢)wledge and personal fvnding where our role will be to delv4er programmes. materials and connect with partner organisations. Encourage raisinB of personal subsistence support by Community Ambassador volunteers: 9. Continue to develop other relationships at a projert level with partner organisations to help with the development and implementation of oversea5 projects, such as but not limited to.. li) Solbon Intematlonal; (li) Global Hope Network International; (iii) Agilis: (Iv) Global Partners. COMMUNITY AMBA55ADORS IPITERNATIONAL DIRECTORS REPORT Icontlnued) Flnandal Revle The resu￿5 forthe year are set out in the Ststement of Financial Activities. Thls yearthere was a net income of £2,84512022: net expenditure of £4,010) with net income in unrestricted funds of £1.30512022: net income of £3011 and a net income on restricted fvnds of £1,54012022: rt expenditure of £4,311). This results in year end funds of £4.55412022: £1.709). made up of a surplus on unrestricted funds of £90212022: deficit of £4031 and a surplus on restricted funds of £3.65212022: £2.1121. Supporters The dlrectors are gratefvl for the tangible and inthind supwt which has been received from our partner organisations. individual donors and volunteers. Reserves poliry The directors, reseryes policy is to retsin sufficient funds within the unrestricted reseThes of the charitable company Icurrentty estimated circa £l.O(M)I forfuture 8overnante and administratr4e requirements together with a contin8enry to cover unexpected expenditure or a fall in income. At 31 March 2023, unrestricted reseryes are in surplus by £90212022: deficit of £403) whith falls slighdy belowtarget level. The dirertors are aware of the need to rebuild general reseNes duri￿ the next financial year. Grnnt making policy The dirertors considèr 8r*rt making an effeCtr￿ means of deli￿rf￿ a￿lS￿nCe to overseas proierts in accordance with the charitable objects using local partners together with the support of long-temi volunteers. Through access to facilities, expertise, staff and other resources in the field, such partners mav be better positioned to deliver timely and effective pro8ramme& Our 8r•nt rnaking policy is reviewed each year to align our grants with our prioritles and areas of actwity for the year. Uncondit￿nal grnnts may be awarded where kxal partnerships are estsblished and meet selected criteria within tsrgeted geoaraphlcal areas. Structure. 6tr4ernance. Managemert Governing Document Community Ambassadors Intemational 15 a company limited ty guarantee and is governed by the Memorandum and Articles of Association. Each member has undertaken to contribute an amount not exceeding £10 to the assets of the company in the erfent of Its being wound up. As at 31 March 2023 there were4 members. Recruitment cndappointmentof Tntstees The current directors of the choritsble company. and those in offire throughout the year, are listed on p l. The dire¢tors. defined astNstees in the Articles of Ass¢xiation. are all membersof the charitable company. Under the requirements of the Memorandum and Articles of Association. one third of the director5 retire and are eligible for reélection at the general meetin8 calied in each calendaryear. Trustee indurtion ond troining All dirertors appointed are familiarwith the charitable comparfs actv¥it*s and their legal responsibllities •5 trustees. Board members are provwjed with a copy of the Memorandum and Articles of Associat*)n and Teceive regular upjates on the financial Situath)n of the company. An in￿tt￿ pr￿$5 is in place for anv new member appointed to the 8oard. COMMUNITY AMBASSAI)ORS INTERNATIONAL DIRECTORS REPORT (Contlnued) Dlrertor< Responslblllties Statement The dirertors (who a￿ also trusteesof Community Ambassadors Intemational for the purpose ofcharity law) are responsible for preparing the Directorf Report and the financial 5tatement5 in accordance with applicable law and United Kingdom Accountin8 Standards IUTrited Kingdom Generally AC￿pted Accounting Practice). Company law requires the direttors to prepare financial statements for each financial year whith 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 the year. In preparing these financial statements. the directors are requtred to: • selert suitable accountin8 policies and then appty thern consistently: observe the methods and principles in the Charities SORP 2019 {FRS 1021: • make judgements and estimates that are reasonable and prudent; state whetherapplicable UK accounting5tsndards have beenfollowed. subiectto any material differences disclosed and explained in the financial statements: and prepare the financial statements on the going concern basis unless it is inappropriate to presume thatthe charitable tompany will continue in operation. The directors a￿ ￿spon￿ble for keepi￿ adequate accountiTha records which disdose with ￿asonable accuracy at any time the finanaal position of the charitable company and enable them to ensure that the financial ststernents comply with the Companies Act 2CM)6. They are also responsible for safe8uardin8 the assets of the charitable company and hence for taking reasonable steps for the prevention and detertion of fraud and other Irre8ularities. The Report of the Directors Vfds approved by the Board on 28 December 2023 and signed on Its behalf bv: laln Langlands Director INDEPENDENT EWalNEfS REPORTTOTHE DIREcfoRS OFCOMMUNrrY AMWSADORS IrirERNATIONAL I report to the charitabte company dbrertors in my examinaiion of the ffinanclal statements of the charttsble company for ihe year ended 31 March 2023 which are set O￿on pa8e$ 10 to 16. As the dIreC￿r$ of the ¢haritable company land akn its tn￿tee5 for the purp05e5 of tharity lawl you are responsible for the preparatlon of financial ststements In acCorda￿e ¥Ath the requlrements of the Companie5 Ad 20061'thÈ 2ThJ6 ACVI. Havi￿ satisfied mysellthatthe finandalstatementsof the tharitable companyare not requlredtobeaudlted under Part 16 of the 2(M)6 A¢t and are eleible for Independent examSnatlon. I report In respect of my examinatlon of your tomparfs accounts as orrted out undèr settH)n 145 of Charitiès Att 20111'the 2011 ACVI. In carrying gut my examlnation I have lollowed the Oirections sp￿n by the Chartty Comrn15sion under Stt￿On 14515llbl of the 2011 ACL I have completed my examnation. I conffirn) that no mattus have come to my attentk>n In conr)ectk>n wSth the examination 8ivln8 me cause to believe that in any material respecL ac¢ounkn"n8 records werenotwin respe¢tof thtdwiitable¢(Mnpanyas requ*ed by SeC￿n 386 of the 2006 Art. or the finanaal ststements do ￿￿t a¢¢¢Yd with those records: or thefinancial statementsdo not¢ompty withthe acc04mtin8 rtquirementsof sertion 396 Of the %X16 Art otherthan any requirementthatthefinan¢ial statements give a trueandfairviev/ which is not a matter considered as part of an Independent exarninatlon,. or the financial ststements have not been wepared in accordance wlth the methods and prlndple5 of the Statement of Re￿rnmended Pradite for accounting and reporting by tharities lapplicable to Charities preporln8 their aco>unts in accordance with the Flnanaal ReportNw Standard applkable in the UK and Republlc of Ireland IFRS 102)]. Ourlng the examination, the follo￿￿& matter has come to my attention: the ehar1tablecompan￿S wreStriC￿dfyndS 3re in dèfiutalbeitthis has reduced. Direc1wa￿8Ware that Steps need to ¢oniinue to be taken to addre55 th15 a5 d￿dOSed In r*ote i to the financial ststements. S G Rem¥ld( BAKA Independent Examiner COMMUNITY AMBASSADORS IP4TERNATIONAL STATEMENT OF FINANCIALACTivmES (Incorporating Income and Expendlture Account) for the year ended 31 Marth 2023 Notes un￿￿ted Restrirted Funds Total 2023 Totsl 2022 lficome from: Donations and Le8acies L875 42.447 44,322 17.633 Total Income L875 42,447 44.322 17.633 ExpendltUTe on." Charitable artivlties 570 40.907 41.477 21.643 Totsl expendithre 570 40.907 41.477 21.613 Net Income1{eXpendl￿rel and net mtrrnnent in funds IJ05 2.84S 14,010) Trtal funds br• fthward at l Awll 2022 14031 2.112 1.709 5.719 Total funds carrfed foThArd at 31 March 2023 3,652 4.554 All income and expenditure is derwed from continuiry activities. The chaitable company has no reco8nised gains or losses other than those included in the Ststementof Fthancial AttNities ab￿. io COMMUNITY AMBASSADORS IKfER14ATIONAL BALANCE SHEET As at 31 Ma￿h 2023 Notes 2023 2022 Current Assets Debtors Cash at bank and in hand 1.026 3.828 642 1.847 4,854 2,489 Credltors: Amounts falling due within one year Creditors {3Th)) 17801 4,554 1.709 4.554 1.709 Funds Unrestricted Funds Restricted Funds 902 3.652 (4031 2,112 Totsl Funds 4,554 1,709 For the year ended 31 March 2023 the charitsble company was entitled to exemption under sertion 477 of the Companies Act 2006 relating to small compaffties. Directorg responsibilities: The members have not requested the charitsble company to obtaln an audlt of its financial statements for the year in question in accordance with section 476; The directors ackrKwledee their responsibilities for complying with the requtrements of the Art with reSi￿rt to accounting re￿d$ and preparation of financial ststements. These financial statements have been p￿pared in accordance with the special provision5 of Part 15 of the Companles Act 21J)6 relating to small companies. Apwoved and authori5ed foT i55ue by the Board of Directors on 28 DerembeT 2023 and signed on its behalf by: laln Langlands Dirertor ITreasurer) Compiny Registration Number. Om0446 li 140TESTO THE HNANaALSTATEMENTS A¢COwffj￿ pollcles The SiBnificant accountin8 polkies appl*d in the preparatlon of these finan¢h?I statements are set out below. These policies have been consistently applied to all years presented unless Othe￿ stated. Bosis of occounting The financial Statements are prepared on a going concern basis underthe hi5toricalcostconvention. The financial statements a￿ presented in sterlity whith is the fvnLtional ￿rrency of the charitable Company founded to the nearest £. The financial ststements have been prepared in accordance with Accounting and Reportrng by Charities.. Statement ol Recommended Pr4ttice applicable to charities preparing theif financial Statements in accordance with the Financial Reporting Standard applKable in the UK and Republic of Ireland IFRS 102) issued in october2019.the Financial ReportingStand¥rd applicable in the UnTted Kingdom and Republic of Ireland IFRS 1021. the Charities Act 2011, tre Companies Art 2006 and UK Generalty Accepted Accourting Pra¢tKe. CommUnityAm￿SSadOrs Inter$￿tional meetsthe definition of a PUby￿ benefft entity underFRS 102. The financial statements are prepared on a going concern basis which assumes that the charitable company will continue its operations for period of at least twelve months from the date of approval of the financial statement5. The direct¢)rs recognisethat unrestricted reseTres are currently in deficit and efforts a￿ bein8 made to attract unrestricted donations, which will help to redress this issue. On thls basis, the dirertors believe the going cOn￿M basis of preparation remains appropriate. b) Income All income is rttoenised once the charitable company has entitlement to the income. it is probablv thatthe income will be receiveLI and the amount of income re￿Nable can be measured reliably. Oonatlons. and simllar Incomire resources are Induded in the pernd in whKh they are r￿e1vable. which is when the charitabfe cornpany becomes entitled to the rewur¢e. Expenditure Expenditure is reco8nised once there 15 a legal or tonstnKti¥e obligat￿n to make a payment to a thhrd party, it is probable that settlement will be required and the amount of the obligation can be MeasU￿d reliably. Expenditure is accounted for on an accruals basis and has been cla￿lfbed undèr headin8Sthat a8gre8ate all costs related io the category. Charitable expenditure comprises th¢5e inojrred ty the charitsble company in the delk¥eryof its activities and seryices for its beneficiaries. It include51)oth costs that can be allocated directty to such artivities. those costs ￿ an indirert natyfe ftecessary to support them ènd an allocation of 8o¥wnance c05 Donations payable are Pay￿Trts made to third part￿$ in the furtherance of the objects of the charftable company. In the case of an uncondttional yant offer. this is recev4ed once the ￿cIplent has been notIf￿d of the award. This notification 8N￿ the recipient a reasonable expertatron that they will receive the ifanL COMMUNITY AMBASSADOIL5 IfftRNATK)P4AL NOTES TO THE FINANCIAL sfATEMEpifs {Contlnued) For the year ended 31 March 2023 Expenditure Icontinuedj Support costs are allocated between 8overnance costs and other support costs. Govemance costs comprise those tosts involving the Publ￿ accountsbility of the charitabie company and its compliance with re8ulatw)ns and good practice. They therefore include the costs of independent examination. Other support costs relate to the administratNe costs of runningthe charitable and are allocated to d)aritsble actr4ities accordingly. dl Foreiqn exchonge Foreign currencytransactions are inr(ially reco8ntsed by applying to the foreign currency amountthe spot exchange rate between the fUnrt￿nal currency and the foreign currency at the date of the tran￿rtion. Monetary assets and liabilities denomlnated in a foreign currency at the balance sheet date aretranslated using the closing rnte. el Debto Debtors are reco8nised atthe settlement due. Cash ot bank Cash ai bank indudes cash and highly Irquid short term investment with a maturity of three month5 or less from the date of acquisitK+n oropenin8 of the deposit or similar account. 8} Creditors Credrftors are recognised where the tharitable company has a present obr￿atIon resuEting from a past event that will Pro￿blY result in the transfer of funds to a third party and the amount due to settle theoN¢gation can be measured reliably. Creditors are nornially recogni5edat their settlement amounL h) Finartiolinstruments The charitable companyonly has financial assetsand financial liabilitiesof a kindthat qualrfy as basit financial instruments. BasK financial instruments are initially recogni5ed at t￿nsaCtIon v•lue and subsequently measured at their settlement value. Fund octounting Unrestricted general fund5 are funds whKh can be used in accordance with charitable objectlves at the discretion of the director& Restricted fur￿ are.to be used for partiojlar restrirted wrposes within the charitable comp3nVs objective5. Restriclions arise when specified by the donor or when funds are raised for partlcular restricted purposes. Expenditure whith meets these ulteri• is tharyed to the fund. together with o fair allocation of support costs. Tt7xotion status As a charty. the company 15 8enerallyexempt from tax on income and galnstothe extent thatth05e are applied to the charitsble obpcts. No tax charges have arisen in the period. COMMuf4rtY AMBA￿Rs INTERf4ATIOP4AL NOTES TO THE FINANQAL STATEME14TS (c¢nti￿) For the ye•r ended ai •A¥th 2013 Donatlons and leeacies 2023 2022 Donations Gift aid 1,5CLI 375 40,264 2.183 41,764 2.558 17.633 1.875 42.447 44.322 17.633 Income from donations and legacies indudes £1.875 12022." £1,(KK>) of unrestricted income and £42,44712022: £16.6331 of restrirted income. Charftable actl¥hi Unrestricw Restricted 2023 2022 Subsistence Grdnts Support costs Governance costs- Independent Examinerfs fees 40.538 40.538 201 20,554 309 201 369 738 570 40.￿? 41.477 21,643 Expendlture on charltable artivities indudes £57012022: £699101 unrestrlcted empertditure and £40.90712022.' £20.9441 of restricted expenditure. Subslstence grants were Pa￿ monthty to 4 lor& tenn volunteers res*dent in wJrlous countrles or islands within South East Asia. Board members (who are also deemed to be the key maAaeement of the charitsble company) èfe not remunerated and did not recei￿ any re1mtsjrsew￿Trt of expènses during the year12022: £nill. There were no related paty transactions in the year {2022: r•onel. Net Inwnel(expenditiwe) Isstated aftermpanv. South EostAsla Imainland) Fund Lon8 term volunteer subsistence and partner organ￿tIOn grants are funded predominantty by re8ular donations from indivtdual supporters for the delivery of community programmes on the mainland of South East Asia. south EqstAwo Ilslands) Fund Long tem volunteer sub5iStence and partner organi5ation grants are funded predominantly by regular donations from individual 5UPPOrters for the delivery of community programmes in the islands of South East Asia. CentralAsiq Fund Lon8 term volunteer subsistence and partner or8anisttion afdnts a￿ funded predominantly bv re8ular donations from indr4idual supporters for the delivery of community prn8rammes in Central Asia. Analy51$ of assets between funds Unrestricted Restricted Fund Fur 2023 Totsl unrestrict￿ Restricted Fund Fund 2022 Totsl Net current assets 3.652 4.S54 {4031 2.112 16