2022-03-31-accounts

Annual Report and Financial Statements for the Year Ended 31 March 2022

Aid International Development

Charity registration number: 1154665

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

AID INTERNATIONAL DEVELOPMENT

CONTENTS

Reference and Administrative Details	1
Trustees' Report	2 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8 to 12

AID INTERNATIONAL DEVELOPMENT

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Mark Lloydbottom, FCA Mark Rich, FCCA Bob Hamer, Bsc Henry Lea, Bsc Lisemelo Phororo, CMGR, MCMI (appointed 5 August 2021) Charity Registration 1154665 Number Principal Office 67 Beauchamp Avenue Midsomer Norton Radstock BA3 4FW Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Page 1

AID INTERNATIONAL DEVELOPMENT

TRUSTEES' REPORT

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2022.

Structure, governance and management

Nature of governing document

Aid International Development is a registered Charitable Incorporated Organisation (CIO), number 1154665.

Recruitment and appointment of trustees

The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution.

Risk management

The trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

Objects and aims

The principal objects of the charity are, in accordance with Christian principles for the public benefit, the prevention and/or relief of poverty in particular (but without limitation) by providing financial assistance and other forms of support for the poor and sick principally (but not exclusively) in India, Zambia, Mozambique, Guatemala, The Phillippines and Rwanda.

During 2021-2022 the primary focus of the charity was to raise funds for charity. Unfortunately, Covid-19 has again prevented us from taking any volunteer teams to India and Mozambique this year although we do aim to continue this as soon as it is safe to do so. The strategies to enable the charity to achieve this objective include the registration of volunteers who undertake to raise funds to cover their own travel and support costs while also raising contributions to fund the work undertaken in all of the countries visited.

Our focus is:

• Raising funds from volunteers and fundraising activities such as sponsored events

• SMILES Child Sponsorship Scheme to raise funds for children’s projects in the areas

• where we work

• Providing project directors with finance for the support of their relief of the poor

• Supporting volunteers who travel at their own cost to provide labour in support of the

• investment in infrastructure

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

AID INTERNATIONAL DEVELOPMENT

TRUSTEES' REPORT

Achievements and performance

Review of activities

We work closely with Calvary Prayer Tower in India, Africa Enterprise Trust in Zambia, Tutela Africa in Mozambique and Shenge Children’s Foundation in Rwanda. We regularly send Build/Mission Teams to these areas to support the poor.

Throughout this year Aid International has worked tirelessly to alleviate poverty and to provide vital infrastructure in each of the countries where we work namely India, Zambia, Mozambique, UK, the Philippines, Burundi and Rwanda. We work with local team leaders who provide us with the local know-how and network in order to ensure that funds raised are used to maximum advantage.

The charity and its programmes are interdenominational and appropriate for all denominations and branches of the Christian Church.

Covid-19 has also affected our fundraising in the UK, and we are looking at creative ways of supporting the partners we are privileged to work with. We will also be working closely with Life Church Bath to raise much needed funds for the five ministries they support:

• Calvary Prayer Tower and their projects in Vijayawada, India

• Fra Neale’s projects in the Philippines - these works have been supported by Life

• Church Bath for many years

• Every Life

• Serve Africa

• Tutela Africa

We are committed to supporting the on-going projects detailed above despite the difficulties associated with Covid-19 and it is pleasing to report that this year we have supported Grace Baptist Church in Zimbabwe for the first time which we hope will continue for many years to come.

Plans for future periods

In 2022-2023 Aid International has a full programme for a wide range of fundraising activities, including the London Marathon and occasional quiz evenings. It is hoped to resume Mission trips to India and Mozambique during 2023.

Financial review

The trustees consider the financial performance of the charity to be stable and the continuation of donations and funds raised from volunteers has made it viable. We are not complacent, and we are confident that we can administer the funds we receive. There were no paid employees, the work of the charity being managed and developed by two full time unpaid founding directors.

Income comes from volunteers raising funds to support their role as volunteer workers and funds raised from participation in fundraising events.

Page 3

AID INTERNATIONAL DEVELOPMENT

TRUSTEES' REPORT

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity 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.

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the trustees of the charity on 16 December 2022 and signed on its behalf by:

......................................... Mark Lloydbottom Trustee

Page 4

AID INTERNATIONAL DEVELOPMENT

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AID INTERNATIONAL DEVELOPMENT

I report to the trustees on my examination of the accounts of Aid International Development for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity trustees of Aid International Development you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of Aid International Development as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

...................................... G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

16 December 2022

Page 5

AID INTERNATIONAL DEVELOPMENT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Note Unrestricted funds £ Income and Endowments from: Donations and legacies 2 17,527 Total income 17,527 Expenditure on: Charitable activities 3 16,753 Total expenditure 16,753 Net income/(expenditure) 774 Net movement in funds 774 Reconciliation of funds Total funds brought forward 2,734 Total funds carried forward 8 3,508	Restricted funds £ 9,172 9,172 9,172 9,172 - - - -	Total 2022 £ 26,699 26,699 25,925 25,925 774 774 2,734 3,508	Total 2021 £ 33,223
			33,223
			34,163
			34,163
			(940)
			(940) 3,674
			2,734

The notes on pages 8 to 12 form an integral part of these financial statements. Page 6

AID INTERNATIONAL DEVELOPMENT

BALANCE SHEET AS AT 31 MARCH 2022

Note Current assets Debtors 6 Cash at bank and in hand Creditors: Amounts falling due within one year 7 Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 8	2022 £ 261 3,757 4,018 (510) 3,508 3,508 3,508	2021 £ - 3,214
		3,214 (480)
		2,734
		2,734
		2,734

The financial statements on pages 6 to 12 were approved by the trustees, and authorised for issue on 16 December 2022 and signed on their behalf by:

......................................... Mark Lloydbottom Trustee

The notes on pages 8 to 12 form an integral part of these financial statements. Page 7

AID INTERNATIONAL DEVELOPMENT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Aid International Development meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 8

AID INTERNATIONAL DEVELOPMENT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 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 exclusively to charitable purposes.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and 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.

Page 9

AID INTERNATIONAL DEVELOPMENT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2 Income from donations and legacies

Unrestricted funds General £ Donations and legacies; Donations 17,527 17,527 3 Expenditure on charitable activities Unrestricted funds Note General £ Events - Telephone 181 Stationery 255 Travel 388 Bank charges 102 Independent examination 508 Grant funding of activities 4 15,319 16,753	Restricted funds £ 9,172 9,172 Restricted funds £ - - - - - - 9,172 9,172	Total 2022 £ 26,699 26,699 Total 2022 £ - 181 255 388 102 508 24,491 25,925	Total 2021 £ 33,223
			33,223
			Total 2021 £ 140 318 118 154 69 480 32,884
			34,163

4 Grant-making

Analysis of grants

Grants

**Grants to **	institutions
2022	2021
£	£
24,491	32,884

5 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

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AID INTERNATIONAL DEVELOPMENT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6 Debtors

Accrued income 7 Creditors: amounts falling due within one year Accruals 8 Funds Balance at 1 April 2021 £ Incoming resources £ Unrestricted funds General General Funds 2,734 17,527 Restricted funds Sponsorship fund - 9,172 Total funds 2,734 26,699 Balance at 1 April 2020 £ Incoming resources £ Unrestricted funds General General Funds 3,674 23,946 Restricted funds Sponsorship fund - 9,277 Total funds 3,674 33,223	2022 £ 261 2022 £ 510 Resources expended £ (16,753) (9,172) (25,925) Resources expended £ (24,886) (9,277) (34,163)	2021 £ -
		2021 £ 480
		Balance at 31 March 2022 £ 3,508 -
		3,508
		Balance at 31 March 2021 £ 2,734 -
		2,734

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AID INTERNATIONAL DEVELOPMENT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

9 Analysis of net assets between funds

9 Analysis of net assets between funds
Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets	Unrestricted funds General £ 4,018 (510) 3,508 Unrestricted funds General £ 3,214 (480) 2,734	Restricted funds £ - - - Restricted funds £ - - -	Total funds at 31 March 2022 £ 4,018 (510)
			3,508
			Total funds at 31 March 2021 £ 3,214 (480)
			2,734

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