REFUGEASE
CHARITY REGISTERED NO. 1175022
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
REFERENCE AND ADMINISTRATIVE INFORMATION
The Charity is registered with the Charities Commission, its registration number is 1175022.
The principal office of the Charity is:
Refugease HQ PO Box 698 TUNBRIDGE WELLS Kent TN9 9TS
TRUSTEES
The Trustees of the charity are:
Gregory Holder Mark Lukas Raisa Desypri Jon Traquair Lorna Furminger
ACCOUNTANT
The Charity’s accountant is Mr James Wheelan FCCA of James Wheelan Accountancy, Minshull House, 67 Wellington Road North, Stockport, SK4 2LP.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is constituted as a body corporate under Part 11 of the Charities Act 2011 and is governed by its constitution which was adopted on 6 October 2017. Refugease is run by its board of trustees and is governed by its constitution.
Recruitment and Appointment of Directors and Trustees
The trustees of the Charity are appointed in accordance with Charity’s constitution.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
OBJECTIVES AND ACTIVITIES
Refugease’s activities are divided into three main mission areas: Frontline Evacuations, Humanitarian Aid, and Self-Reliance. In 2023, the organisation had a total turnover of £428,122k (42.8% decrease from £748,540k in 2022).
The charity continued to refine its distinctive approach (of reacting without delay in areas where refugees are least likely to be tended to by other organisations), by focusing not only on delivering emergency humanitarian aid to refugees in transit across Europe and the Middle East through purchases made via their online “Aid Shop,” but also on evacuating the most vulnerable individuals - those unable to escape on their own due to illness, disability, or age - from high-risk conflict zones like in Eastern Ukraine.
In addition, the team expanded their efforts to include first-response disaster relief for the Turkey-Syria earthquake, arriving on the ground within days to carry out search and rescue missions, while also building shelters and distributing essential survival supplies such as food, bedding, medical kits, and water. The organisation expanded its efforts to support refugees in Ouistreham, France, mainly focusing on baby supplies such as nappies, as the number of women and children increased exponentially. Refugease also began its hydroponic farming efforts by creating prototype systems in Hungary, and testing ready-made systems on the island of Samos, Greece. Refugees are most often given carb-dense meals in camps, with their diets lacking in fresh fruit and vegetables, so the need to provide regenerative low-cost fresh food that also empowers refugees to be in control of their diet was identified. In October, Refugease started emergency fundraising efforts via their Aid Shop to support humanitarian aid response in Gaza, and began searching for distribution partners.
In 2023, Refugease once again assured donors that their contributions directly support refugees, with a total of £180,559 raised through the Aid Shop, individual donations, fundraisers and corporate donors - and £242,658.96 spent on charitable activities, ensuring 100% of donated funds are spent on the charity’s causes.
2023 was a particularly challenging year for the charity shops, which only contributed £17,837 net profit. Refugease used 2022 reserves to maintain its charitable activity while a recovery plan was implemented, which began to take effect in the final quarter of 2023 (making necessary cuts and investing in stable retail locations), and continues into 2024. With the changes in place, 45% profit margins are forecasted for mid-2025.
With another year of rising costs across nearly every aspect of the organisation's expenses - notably in shops’ utility bills, fuel and logistics, wages, National Insurance contributions and with the organisation suffering the theft of their van (insurance didn’t cover all the loss) - diversifying income streams has become more essential than ever to ensure the long-term sustainability of its operations.
As in 2022, many donors (individual, corporate, and the charity’s Vintage Emporium retail outlet customers), were driven by the ongoing refugee crisis in Ukraine, while this year, a significant portion were also moved by the devastation caused by the Turkey-Syria earthquake, and the plight of the Gazan population.
Refugease’s frontline evacuation missions, and response to the Turkey-Syria earthquake, garnered attention from global media outlets, as well as numerous regional television, newspaper, and radio channels.
Income Sources Charitable Expenditure
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
1. Frontline Evacuations:
Transporting the most vulnerable individuals to safer areas, away from conflict zones.
The charity is dedicated to saving lives in areas rarely reached by any other NGOs. Since the conflict in Ukraine’s Donbas region intensified in February 2022, Refugease's team of Relief Runners has tirelessly provided skilled personnel, including trilingual translators, along with specialised equipment and vehicles to perform regular frontline evacuations and emergency aid deliveries. A rigorous hiring process ensures that all Relief Runners are carefully vetted for suitability, commitment, and relevant experience to carry out these critical, life-saving missions.
Refugease’s focus is on rescuing the most vulnerable individuals - those unable to escape on their own from isolated and hard-to-access areas in Eastern Ukraine. The team has worked diligently to bring people to safety, configuring evacuation vehicles to meet the unique needs of evacuees, who are often transported on stretchers or in wheelchairs due to illness, age, disability, or blindness. Many evacuations involve challenging settings such as high-rise buildings, remote villages, or farmland without road access; Refugease became the go-to organisation on the ground for such specialised missions among local NGOs and coordination networks receiving evacuation requests.
In 2023, the demand for evacuations decreased, while the need for emergency humanitarian aid deliveries grew, and our efforts adapted accordingly. Refugease’s Relief Runner s were able to evacuate approximately 288 vulnerable individuals from conflict zones in 2023.
Photos: 1. Brian, Refugease Relief Runner Volunteer, Eastern Ukraine, 2023 | 2. Example of how the Aid Shop is marketed to facilitate evacuations, in this case by making fuel directly available for donors to purchase | 3. Example screenshot of map from liveua.com helping the team monitor where evacuations are most likely needed.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
2. Humanitarian Aid:
Responding in real-time by serving refugees in transit by providing life-saving aid purchased locally to where it is distributed
Refugease has remained fully shifted from its original model of collecting and shipping donated aid items in containers, to now delivering humanitarian aid through its online Aid Shop system.
How the Aid Shop works
The Aid Shop is an e-commerce store accessible on the charity’s website, where people can buy the most needed survival items for refugees in Ukraine, France, Greece and the Middle East, facilitating the team to respond rapidly in emergencies. The workflow enables the team to process donations for specific items, and deliver those aid items in real-time, reassuring the donor of where their money is going. The online orders are collated, then funds and shopping lists are sent to partners or volunteers on the ground in the areas affected. This system also enables the charity to work around restrictions caused by Brexit and Covid, and provides a huge reduction in haulage and customs fees.
Each item purchased via the website is automatically added to a virtual shopping list that is accessed by a local distributor (either a refugee or asylum seeker, a member of the Refugease team, or trusted local partner), who receives the funds from the purchases, and endeavours to buy the items locally, sometimes within minutes of the first order being made, making it an engaging experience for the donor, but more importantly, an effective emergency response system. The Aid Shop also enables the charity to change the items seasonally, respond to emergencies quickly, and helps local economies thrive.
Examples of most needed survival items available for purchase per country in the Aid Shop, refugease.org
Aid Shop benefits:
Speed: Teams are able to respond immediately in emergencies anywhere in the world. Items bought locally to the emergency mean that no time is spent on international shipping, which can delay a response by weeks or months, particularly when cargo is stuck in customs.
Agility: Items can be changed immediately (sometimes items are changed daily, and other times the changes are planned for at the turn of the season due to weather shifts)
Low cost: No storage costs, no customs fees, no international shipping fees.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
Fair trade: This workflow boosts struggling economies of war-torn or host nations, firstly by buying aid locally, support is given to independent businesses; secondly by employing refugees where possible to facilitate the distributions.
Security: This Aid Shop gives control and confidence back to the donor as to where their money is spent. The model also allows for the donor to be an active participant in the solution, rather than a disempowered bystander.
The online AidShop generated a total income of £38,223 in 2023. This achievement was driven by the charity’s strong social media presence and targeted email campaigns, all of which inspired significant support and compassion.
Turkey-Syria Earthquake Aid Shop deliveries
Earthquake Relief, Antakya & Samandağ , Turkey: February 2023
Ukraine Aid Shop deliveries
Aid deliveries, Eastern Ukraine: 2023
France & Greece Aid Shop Deliveries
Aid deliveries, Ouistreham, France & Samos, Greence: 2023
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
3. Self-reliance:
Offering child refugees an education they can build a future on, and up-skilling adult refugees (in the UK and abroad) into employment.
Education Centre, Za’atari
Refugease has continued to be the sole regular funder for the Za’atari Education Centre in Jordan, near the Syrian border, allowing the school to keep its enrollment to 125 Syrian refugee and low-income Jordanian children, aged four to fifteen. With approval from the Jordanian government, the partnership now provides regular English lessons in addition to the state-mandated curriculum of Arabic and Mathematics.
Refugee Employment - UK & Abroad
In 2023, Refugease continued to fund the salaries of refugee teachers at the Education Centre in Jordan and employed refugees in its UK retail workforce.
Teacher, Refugease-funded Zaa’tari Education centre, January 2023 | Ala, Retail Manager, UK
Hydroponic Farming Systems
Refugease also began its hydroponic farming efforts by creating prototype systems in Hungary, and successfully piloting ready-made systems on the island of Samos, Greece.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
ACHIEVEMENTS AND PERFORMANCE
2023 was a financially challenging year. As the year progressed, the Trustees realised that the reduction in charitable donations meant commitments made in 2022 including additional staffing were unsustainable and significant cost-reduction actions were required. These included voluntary redundancy, closing unfilled vacancies, renegotiating various contractual commitments, streamlining aid operations, including cutting funding for some projects, stabilising the physical shops business and locations, and making some changes to financial administrative processes. The team started making changes in 2023, for which the charity is already seeing positive effects; Trustees are ensuring changes are continuing to be made throughout 2024, closely monitoring swift progress as we move forward.
Overall 2023 has been a successful year for the charity (despite a notable decrease in income from 2022, which is largely due to a sharp decrease in press coverage for the escalating conflict in Ukraine).
Total turnover of £* £428,122k (42.8% decrease from £748,540k in 2022)
*Total income for the AidShop in 2022 - £38,223 (72% decrease from 2022’s total of £136,885)
Profits from Vintage Emporium charity shops in 2022 totalled £17,591 (turnover - £246k) .* Profit margins were much lower than anticipated this year, due to moving pop-up sites more frequently than planned, and soaring energy costs. More efforts have since been made to stabilise the locations of the retail outlets in order to achieve 40% profit per store by 2025.
*288 civilians unable to flee themselves due to sickness, age or immobility evacuated from frontline locations in Eastern Ukraine.
*Refugease staff and volunteers came together to provide first-response disaster relief efforts for the Turkey-Syria earthquake, arriving on the ground within two days to carry out search and rescue missions, while also building shelters and distributing essential survival supplies such as food, bedding, medical kits, and water, from purchases in the Aid Shop. To avoid swift resales of donated semi-permanent tents, the team ensured shelter was built only for those most in need, by only responding to those found already sleeping without sufficient shelter.
*Refugease started emergency fundraising efforts to support humanitarian aid response in Gaza, and began searching for distribution partners.
*The organisation expanded its efforts to supporting refugees in Ouistreham, France, mainly focusing on baby supplies such as nappies
*Refugease also began its hydroponic farming efforts by creating prototype systems in Hungary, and successfully testing ready-made systems on the island of Samos, Greece.
*Provided regular paid employment for 6+ refugees in the UK, and internationally.
*Continued funding of all running costs of an education centre for 125 refugee children (increase from 80) in Jordan (including teacher wages, who are also refugees, school equipment and teaching supplies).
*Refugease has continued to enhance and update its processes, accounting practices, policies, health and safety protocols, security measures, and technological infrastructure.
The organisation’s primary mission remains focused on preventing and alleviating poverty and hardship for those who are internally displaced or fleeing their countries due to war, persecution, or economic hardship.
Refugease also provides emergency transport and essential survival aid, including food, shelter, clothing, and basic medical supplies.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
FINANCIAL REVIEW
The attached financial statements show the current state of the finances, which the Trustees considers to be acceptable. Total incoming resources were £428,122 and total outgoing payments amounted to £536,533, the net deficit for the year was £28,328. Restricted funds carried forward amounted to £1,666.
The Trustees have identified that the charity is insolvent at the balance sheet date as well as at the date of signing this report. They are confident that the recovery plan in place is sufficient to return the charity to a solent position. The Trustees would like to draw your attention to the going concern note included under the policies relating to the production of the accounts in the notes.
Reserves Policy
In light of the main risks to the Charity the Trustees have made a decision that the Charity should keep funds at a suitable level in order to meet its ongoing liabilities.
PUBLIC BENEFIT
The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning the future activities of the Charity, These are shown above in the section 'Objectives and activities'.
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
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to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They 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 Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Approved by the trustees on and signed on their behalf by:
Greg Holder Chair of Trustees, Refugease
Date: 31/10/2024
Refugease is a registered charity under the The Charity Commission. Registration No: 1175022
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Refugease
Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2023
I report to the Trustees on my examination of the financial statements of the charity on pages 12 to 38 for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 21.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 8, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
Since the charity's gross income exceeded £250,000, the charity's examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am an authorised member of Chartered Certified Accountant, which is one of the listed bodies.
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. 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 setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
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Refugease
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
The gross income of the charity in the year ended 31 December 2023 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that I am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of Chartered Certified Accountant;
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable 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;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 financial statements to be reached.
Signed:-
James Wheelan - Independent Examiner
Chartered Certified Accountant
Minshull House 67 Wellington Road North Stockport Cheshire SK4 2LP
This report was signed on 31 October 2024
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Refugease - Statement of Financial Activities for the year ended 31 December 2023
Statement of Financial Activities for the year ended 31 December 2023
| Current year Unrestricted Funds 2023 £ Income & Endowments from: Donations & Legacies A1 174,647 Other trading activities A3 247,355 Investments A4 120 Total income A 422,122 Expenditure on: Raising funds B1 289,230 Charitable activities B2 238,636 Other B3 1,000 Total expenditure B 528,866 Net income for the year (106,744) Net income after transfers A-B-C (106,744) (106,744) Reconciliation of funds:- E Total funds brought forward 76,750 Total funds carried forward (29,994) SORP Ref Net movement in funds |
Current year Restricted Funds 2023 £ 6,000 - - 6,000 - 7,667 - 7,667 (1,667) (1,667) (1,667) 3,333 1,666 |
Current year Total Funds 2023 £ 180,647 247,355 120 428,122 289,230 246,303 1,000 536,533 (108,411) (108,411) (108,411) 80,083 (28,328) |
Prior Year Total Funds 2022 £ 392,546 347,754 8,241 |
|---|---|---|---|
| 748,541 | |||
| 367,975 312,400 - |
|||
| 680,375 | |||
| 68,166 | |||
| 68,166 | |||
| 68,166 11,917 |
|||
| 80,083 |
A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.
All activities derive from continuing operations
The notes attached on pages 21 to 38 form an integral part of these accounts.
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Refugease - Statement of Financial Activities for the year ended 31 December 2023
Refugease - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| Income & Endowments from: Donations & Legacies A1 Charitable activities A2 Other trading activities A3 Investments A4 Other A5 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Other B3 Tax on surplus on ordinary activitie B3 Other taxation B3 Total expenditure B B4 Net income for the year Transfers between funds C Net income after transfers Reconciliation of funds:- E Total funds brought forward Total funds carried forward Net movement in funds SORP Ref Net gains on investments |
Prior Year Unrestricted Funds 2022 £ 387,446 - 347,754 8,241 - 743,441 367,975 310,633 - - - 678,608 - 64,833 - 64,833 64,833 11,917 76,750 |
Prior Year Restricted Funds 2022 £ 5,100 - - - - - 5,100 - 1,767 - - - - 1,767 - 3,333 - 3,333 3,333 - 3,333 |
Prior Year Total Funds 2022 £ 392,546 - 347,754 8,241 - 748,541 367,975 312,400 - - - 680,375 - 68,166 - 68,166 68,166 11,917 |
|---|---|---|---|
| 80,083 |
All activities derive from continuing operations
A Statement of Total Recognised Gains and Losses is included in these accounts as a separate primary statement
13
Refugease - Statement of Financial Activities for the year ended 31 December 2023
The notes attached on pages 21 to 38 form an integral part of these accounts.
Statement of Total Recognised Gains and Losses for the year ended 31 December 2023
| Surplus for the year :- Realised gains/(losses) on the disposal of tangible fixed assets Realised gains on disposals of social investments which are programme related Income from operations before tax in the Statement of Financial Activites Net Movement in funds before taxation Funds generated in the year as shown on Statement of Financial Activities Net excess of income over expenditure from operations before tax |
2023 £ (107,411) (1,000) - (108,411) (108,411) (108,411) |
2022 £ 68,166 - - |
|---|---|---|
| 68,166 | ||
| 68,166 | ||
| 68,166 |
The notes attached on pages 21 to 38 form an integral part of these accounts.
Refugease - Resources applied in the year ended 31 December 2023 towards fixed assets for Charity use:-
| Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds Net resources available to fund charitable activities |
2023 £ (108,411) 7,855 - (100,556) |
2022 £ 68,166 (27,700) - |
|---|---|---|
| 40,466 |
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
The notes attached on pages 21 to 38 form an integral part of these accounts.
14
Refugease - Statement of Financial Activities for the year ended 31 December 2023
Movements in revenue and capital funds for the year ended 31 December 2023
Revenue accumulated funds
| Unrestricted Funds 2023 £ Accumulated funds brought forward 76,750 (106,744) (29,994) Closing revenue funds (29,994) Summary of funds Unrestricted and Designated funds 2023 £ Revenue accumulated funds (29,994) Recognised gains and losses before transfers |
Restricted Funds 2023 £ 3,333 (1,667) 1,666 1,666 Restricted Funds 2023 £ 1,666 |
Total Funds 2023 £ 80,083 (108,411) (28,328) (28,328) Total Funds 2023 £ (28,328) |
Last year Total Funds 2022 £ 11,917 68,166 |
|---|---|---|---|
| 80,083 | |||
| 80,083 | |||
| Last Year Total Funds 2022 £ 80,083 |
The notes attached on pages 21 to 38 form an integral part of these accounts.
15
Refugease - Balance Sheet as at 31 December 2023
| SORP | ||||||
|---|---|---|---|---|---|---|
| Note | Ref | 2023 | 2022 | |||
| £ | £ | |||||
| Fixed assets | A | |||||
| Tangible assets | 10 | A2 | 7,663 | 14,466 | ||
| Current assets | B | |||||
| Debtors | 12 | B2 | 21,707 | 7,500 | ||
| Cash at bank and in hand | B4 | 8,530 | 74,493 | |||
| Total current assets | 30,237 | 81,993 | ||||
| Creditors: amounts falling due within | ||||||
| one year | 13 | C1 | (66,228) | (16,376) | ||
| Net current assets | (35,991) | 65,617 | ||||
| The total net assets of the charity | (28,328) | 80,083 | ||||
| The total net assets of the charity are | funded | by the | funds of the | charity, as follows:- | ||
| Restricted funds | ||||||
| Restricted Revenue Funds | 20 | D2 | 1,666 | 3,333 | ||
| 1,666 | 3,333 | |||||
| Unrestricted Funds | ||||||
| Unrestricted Revenue Funds | 20 | D3 | (29,994) | 76,750 | ||
| (29,994) | 76,750 | |||||
| Designated Funds | ||||||
| Total charity funds | (28,328) | 80,083 |
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Refugease - Balance Sheet as at 31 December 2023
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 11.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
GREG HOLDER
Trustee
Approved by the board of trustees on 31 October 2024
The notes attached on pages 21 to 38 form an integral part of these accounts.
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Refugease
Cash Flow Statement for the year ended 31 December 2023
| Cash flows from operating activities A Cash flows from investing activities Interest received Purchase of property, plant and equipment Net cash provided by investing activities B Cash flows from financing activities Net cash provided by operating activities as shown below |
2023 £ (63,938) 120 (2,145) (2,025) |
2022 £ 80,898 |
|---|---|---|
| 8,241 (27,700) |
||
| (19,459) | ||
| Net cash provided by financing activities C Overall cash provided by all activities Cash movements Change in cash and cash equivalents from activities in the year ended 31 December 2023 Cash and cash equivalents at 1 January 2023 Change in cash and cash equivalents due to exchange rate movements A+B+C Cash at bank and in hand less overdrafts at 31 December |
- (65,963) (65,963) 74,493 - 8,530 |
- |
| 61,439 | ||
| 61,439 13,055 - |
||
| 74,494 |
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Refugease
Cash Flow Statement for the year ended 31 December 2023 Refugease
Cash Flow Statement for the year ended 31 December 2023 - Continued
Reconciliation of net income to net cash flow from operating activities
| Net income as shown in the Statement of Financial Activities Adjustments for :- Depreciation charges Write downs of investments Net unrealised losses on investment assets Dividends, interest and rents from investments Loss on the sale of Fixed and Intangible Assets Decrease in debtors Increase in creditors, excluding loans Net cash provided by operating activities A Analysis of cash and cash equivalents Cash in hand at for the year ended 31 December 2023 Notice deposits - (less than 3 months) Total cash and cash equivalents |
(108,411) 7,948 - - (120) 1,000 (14,207) 49,852 (63,938) 2023 £ 8,530 - 8,530 |
68,166 13,234 - - (8,241) - - 7,739 |
|---|---|---|
| 80,898 | ||
| 2022 £ 74,493 - |
||
| 74,493 |
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Cash Flow Statement for the year ended 31 December 2023 - Continued
Analysis of change in net debt
| Cash Total |
At start of year 74,493 74,493 |
Cash Flows and (65,963) (65,963) |
At end of year 8,530 |
|---|---|---|---|
| ����� |
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Cash Flow Statement for the year ended 31 December 2023
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Notes to the Accounts for the year ended 31 December 2023
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Going Concern
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. The Trustees identify that the charity is insolvent at the balance sheet date and the date of signing but are confident that the recovery plan in place will be sufficient to bring the charity back into a solvent position. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 December 2025, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.
Other than these matters, the Trustees are not aware of any other material uncertainites about the charity's ability to continue as a going concern.
Risks and future assumptions
The charity is a public benefit entity.
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Notes to the Accounts for the year ended 31 December 2023
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Categories of Income
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Dividends are accrued when the shareholder’s right to receive payment is established.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Donated goods, facilities and services
Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.
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Notes to the Accounts for the year ended 31 December 2023
Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.
In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.
If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.
The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.
The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.
Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.
All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.
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Notes to the Accounts for the year ended 31 December 2023
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Plant and machinery 33.33 % straight line Motor vehicles 33.33 % straight line
A regular annual review of the likelihood of asset impairment is undertaken.
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Notes to the Accounts for the year ended 31 December 2023
Accounting for capital grants and fixed asset funds.
Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.
Where the terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10.
Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.
When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.
Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.
As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.
The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.
In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.
Any residual liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised.
Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), such departure is justified on the basis that it is in order to comply with the SORP.
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Notes to the Accounts for the year ended 31 December 2023
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Financial instruments including cash and bank balances
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
Pensions - defined contribution schemes
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 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 on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Significance of financial instruments to the charity's position
There are no significant implications on the charity financial instruments.
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Notes to the Accounts for the year ended 31 December 2023 5 Net surplus before tax in the financial year
| es to the Accounts for the year ended 31 December 2023 Net surplus before tax in the financial year |
||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| The net surplus before tax in the financial year is stated after charging:- | ||
| Depreciation of owned fixed assets | 7,948 | 13,234 |
| Pension costs | 4,920 | 3,781 |
6 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated.
7 Staff costs and emoluments
| Salary costs 2023 2022 £ £ Gross Salaries excluding trustees and key management personnel 266,089 215,520 Employer's National Insurance for all staff 15,289 12,434 Employer's contribution to defined benefit pension schemes 4,920 3,781 Total salaries, wages and related costs 286,298 231,735 Numbers of full time employees or full time equivalents 2023 2022 The average number of total staff employed in the year was 19 21 73,460 79,521 1,863 1,881 The remuneration in the year year was Pension contributions paid by the employer ���������������������������������� ������������������ 75,32� 81,402 Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year. No employees received emoluments (excluding pension costs) in excess of £60,000 per annum. Key management personel���������������� |
2023 £ 266,089 15,289 4,920 |
2022 £ 215,520 12,434 3,781 |
|---|---|---|
| 286,298 | 231,735 | |
| 2023 19 |
2022 21 |
|
| 75,32� | 81,402 |
8 Defined contribution pension schemes
The charity operates a defined contribution pension scheme, the costs of which are shown above.
Any liabilites and assets associated with the scheme are shown under debtors and creditors.
9 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
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Notes to the Accounts for the year ended 31 December 2023
10 Tangible fixed assets
| Current Year Cost At 1 January 2023 Additions Disposals At 31 December 2023 Depreciation At 1 January 2023 Charge for the year On disposals At 31 December 2023 Net book value At 31 December 2023 At 31 December 2022 Prior Year Cost Additions 31 December 2022 Depreciation Charge for the year 31 December 2022 |
Land and Buildings £ - - - |
Plant & Machinery £ - 2,145 - |
Motor Vehicles £ 27,700 - (9,000) |
Total £ 27,700 2,145 (9,000) |
|---|---|---|---|---|
| - | 2,145 | 18,700 | 20,845 | |
| - - - |
- 715 - |
13,234 7,233 (8,000) |
13,234 7,948 (8,000) |
|
| - | 715 | 12,467 | 13,182 | |
| - | 1,430 | 6,233 | 7,663 | |
| - | - | 14,466 | 14,466 | |
| Land and Buildings £ - |
Plant & Machinery £ - |
Motor Vehicles £ 27,700 |
Total £ 27,700 |
|
| - | - | 27,700 | 27,700 | |
| - | - | 13,233 | 13,233 | |
| - | - | 13,233 | 13,233 |
Net book value
31 December 2022
14,467 14,467
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Notes to the Accounts for the year ended 31 December 2023
| 12 Debtors Trade debtors Other debtors 13 Creditors: amounts falling due within one year Trade creditors Accruals PAYE, NIC VAT and other taxes Other creditors 18 Income and Expenditure account summary At 1 January 2023 Surplus after tax for the year At 31 December 2023 |
2023 £ 17,523 4,184 |
2022 £ - 7,500 |
|---|---|---|
| 21,707 | 7,500 | |
| 2023 £ 4,786 16,494 43,537 1,411 |
2022 £ - 1,500 13,863 1,013 |
|
| 66,228 | 16,376 | |
| 2023 £ 80,083 (108,411) |
2022 £ 11,917 68,166 |
|
| (28,328) | 80,083 |
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Notes to the Accounts for the year ended 31 December 2023
19 Particulars of how particular funds are represented by assets and liabilities
| At 31 December 2023 Tangible Fixed Assets Current Assets Current Liabilities At 1 January 2023 Tangible Fixed Assets Current Assets Current Liabilities |
Unrestricted funds £ 7,663 28,571 (66,228) |
Designated funds £ - - |
Restricted funds £ - 1,666 - |
Total Funds £ 7,663 30,237 (66,228) |
|---|---|---|---|---|
| (29,994) | - | 1,666 | (28,328) | |
| Unrestricted funds £ 14,466 78,660 (16,376) |
Designated funds £ - - - |
Restricted funds £ - 3,333 - |
Total Funds £ 14,466 81,993 (16,376) |
|
| 76,750 | - | 3,333 | 80,083 |
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Notes to the Accounts for the year ended 31 December 2023
20 Change in total funds over the year as shown in Note 19 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Restricted funds:- Anderson Partners Total restricted funds Total charity funds |
Funds brought forward from 2022 £ 76,750 |
Movement in funds in 2023 See Note 21 £ (106,744) |
See Note 0 £ - Transfers between funds in 2023 |
Funds carried forward to 2024 £ (29,994) |
|---|---|---|---|---|
| 76,750 | (106,744) | - | (29,994) | |
| 3,333 | (1,667) | - | 1,666 | |
| 3,333 | (1,667) | - | 1,666 | |
| 80,083 | (108,411) | - | (28,328) |
21 Analysis of movements in funds over the year as shown in Note 20
| Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted funds:- Children Salon earquake relief Anderson Partners |
Income 2023 £ 422,122 6,000 - |
Expenditure 2023 £ (528,866) (6,000) (1,667) |
Other Gains & Losses 2023 £ - - - |
Movement in funds 2023 £ (106,744) - (1,667) |
|---|---|---|---|---|
| 428,122 | (536,533) | - | (108,411) |
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Notes to the Accounts for the year ended 31 December 2023
22 The purposes for which the funds as
Unrestricted and designated funds:-
These funds are held for the meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. Unrestricted Revaluation Reserve This fund represents the unrestricted surplus arising on the revaluation of the charity's assets. The purpose of these funds is described under the accounting policy Designated Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'.
Restricted funds:-
The purpose of these funds is described under the accounting policy Restricted Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the Restricted Revaluation Reserve charity's assets. Earthquake releif Children Salon earquake relief A contribution towards the purchase of a van Anderson Partners
23 Ultimate controlling party
The charity is under the control of its legal members.
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
24 Donations, Grants and Legacies
| Donations, Grants and Legacies | ||||
|---|---|---|---|---|
| Donations and gifts from individuals Refunds from HMRC on gift aided donations Total donations and gifts from individuals Donations including aid shop |
Current year Unrestricted Funds 2023 £ 22,287 152,360 |
Current year Restricted Funds 2023 £ - 6,000 |
Current year Total Funds 2023 £ 22,287 158,360 |
Prior Year Total Funds 2022 £ 26,562 360,884 |
| 174,647 | 6,000 | 180,647 | 387,446 |
| Total public sector revenue grants Grants Revenue grants from government and public bodies |
Current year Unrestricted Funds 2023 £ - |
Current year Restricted Funds 2023 £ - |
Current year Total Funds 2023 £ - |
Prior Year Total Funds 2022 £ 5,100 |
|---|---|---|---|---|
| - | - | - | 5,100 |
All the grants in the prior year were unrestricted.
Revenue grants from government and public bodies - Prior Year analysis
| Prior Year | Prior Year Unrestricted Funds 2022 £ - |
Prior Year Restricted Funds 2022 £ 5,100 |
Prior Year Total Funds 2022 £ 5,100 |
|---|---|---|---|
| Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1 174,647 All the donations and gifts in the prior year were unrestricted. Prior year Unrestricted Funds 2022 £ Total Donations, Grants and Legacies A1 387,446 |
||||
|---|---|---|---|---|
| 174,647 | 6,000 | 180,647 | 392,546 | |
| Restricted Funds 2022 £ |
Prior Year Total Funds 2022 £ |
|||
| 387,446 | 5,100 | 392,546 |
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
25 Income from other, non charitable, trading activities
| Total from other activities A3 Investment income Bank Interest Receivable Total investment income A4 Trading activities to raise funds for the charity |
Current year Unrestricted Funds 2023 £ 247,355 |
Current year Restricted Funds 2023 £ - |
Current year Total Funds 2023 £ 247,355 |
Prior Year Total Funds 2022 £ 347,754 |
|---|---|---|---|---|
| 247,355 | - | 247,355 | 347,754 | |
| Prior Year Total Funds 2022 £ 8,241 |
||||
| Current year Unrestricted Funds 2023 £ 120 |
Current year Restricted Funds 2023 £ - |
Current year Total Funds 2023 £ 120 |
||
| 120 | - | 120 | 8,241 |
26 Investment income
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
27 Expenditure on charitable activities - Direct spending
| Current Year Total direct spending B2a Prior Year Total direct spending B2a Other Aid logistics Aid expenditure Gross wages and salaries - charitable activities Aid expenditure Refugee employment Repairs and maintenance Jordan running costs Technology and communications Professional fees Travel and Subsistence - Charitable Activities |
Current year Unrestricted Funds 2023 £ 126,557 2,121 - 88,463 - 3,159 - 4,728 5,827 - |
Current year Restricted Funds 2023 £ - - - 6,000 - - - - - - |
Current year Total Funds 2023 £ 126,557 2,121 - 94,463 - 3,159 - 4,728 5,827 - |
Prior Year Total Funds 2022 £ 52,304 3,788 20,164 158,566 33,829 2,391 18,640 3,104 3,236 1,644 |
|---|---|---|---|---|
| 230,855 | 6,000 | 236,855 | 297,666 | |
| Prior Year Unrestricted Funds 2022 £ 158,466 |
Prior Year Restricted Funds 2022 £ 100 |
Prior Year Total Funds 2022 £ 158,566 |
||
| 297,566 | 100 | 297,666 |
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
28 Support costs for charitable activities
| Current Year Financial costs Support costs before reallocation Total support costs - Current Year Prior Year Financial costs Depreciation & Amortisation in total for Total support costs - Prior Year Support costs before reallocation Depreciation & Amortisation in total for |
Current year Unrestricted Funds 2023 £ 6,281 |
Current year Restricted Funds 2023 £ 1,667 |
Current year Total Funds 2023 £ 7,948 |
Prior Year Total Funds 2022 £ 13,234 |
|---|---|---|---|---|
| 6,281 | 1,667 | 7,948 | 13,234 | |
| 6,281 | 1,667 | 7,948 | 13,234 | |
| Current year Unrestricted Funds 2023 £ 11,567 |
Current year Restricted Funds 2023 £ 1,667 |
Prior Year Total Funds 2022 £ 13,234 |
- - - |
|
| 11,567 | 1,667 | 13,234 | ||
| 11,567 | 1,667 | 13,234 |
29 Other Expenditure - Governance costs
| Current Year Independent Examiner's fees Total Governance costs |
Current year Unrestricted Funds 2023 £ 1,500 |
Current year Restricted Funds 2023 £ - |
Current year Total Funds 2023 £ 1,500 |
Prior Year Total Funds 2022 £ 1,500 |
|---|---|---|---|---|
| 1,500 | - | 1,500 | 1,500 |
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
| 30 Total Charitable expenditure Current Year Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 Prior Year Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Current year Unrestricted Funds 2023 £ 230,855 6,281 1,500 |
Current year Restricted Funds 2023 £ 6,000 1,667 - |
Current year Total Funds 2023 £ 236,855 7,948 1,500 |
Prior Year Total Funds 2022 £ 297,666 13,234 1,500 |
|---|---|---|---|---|
| 238,636 | 7,667 | 246,303 | 312,400 | |
| Prior Year Unrestricted Funds 2022 £ 297,566 11,567 1,500 |
Prior Year Restricted Funds 2022 £ 100 1,667 - |
Prior Year Total Funds 2022 £ 297,666 13,234 1,500 |
||
| 310,633 | 1,767 | 312,400 | ||
31
| Current Year Marketing & advertising of fundraising Gross wages and salaries - fundraising activities Premises costs Professional fees Logistics Other shop costs Total fundraising costs B1 |
Current year Unrestricted Funds 2023 £ 2,922 159,741 77,472 21,579 19,574 7,942 |
Current year Restricted Funds 2023 £ - - - - - - |
Current year Prior Year Total Funds Total Funds 2023 2022 £ £ 2,922 4,417 159,741 171,200 77,472 100,084 21,579 47,878 19,574 30,862 7,942 13,534 |
|---|---|---|---|
| 289,230 | - | 289,230 367,975 |
All the expenditure in the prior year was unrestricted.
32 Gains and losses on fixed asset disposals and summary of impairments
| Total losses B3 33 Total of other expenditure Current Year Total other expenses and costs Total other expenditure B3 Realised losses on disposals of tangible fixed assets held for the charity’s own use |
1,000 | - | 1,000 | - |
|---|---|---|---|---|
| 1,000 | - | 1,000 | - | |
| Current year Unrestricted Funds 2023 £ 1,000 |
Current year Restricted Funds 2023 £ - |
Current year Total Funds 2023 £ 1,000 |
Prior Year Total Funds 2022 £ - |
|
| 1,000 | - | 1,000 | - |
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Detailed analysis of income and expenditure for the year ended 31 December 2023 as required by the SORP 2015
38