## **REFUGEASE**
# **CHARITY REGISTERED NO. 1175022**
**REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
_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 2024_
The Charity is registered with the Charity Commission, its registration number is 1175022.
The principal office of the Charity is:
Refugease HQ 69 St John’s Road Tunbridge Wells Kent TN4 9TT
The Trustees of the charity are:
Gregory Holder Mark Lukas Raisa Desypri Jon Traquair Lorna Furminger
The Charity’s independent examiner is Mr James Wheelan FCCA of James Wheelan Accountancy, Minshull House, 67 Wellington Road North, Stockport, SK4 2LP.
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 the Charity’s constitution.
_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 2024_
Refugease’s activities are divided into three main mission areas: Frontline Evacuations, Humanitarian Aid, and Self-Reliance. In 2024, the organisation had a total turnover of £302,506 (29% decrease from £428,122 in 2023).
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 delivering emergency humanitarian aid to refugees in transit across Europe and the Middle East through purchases made via their online “Aid Shop”.
In addition, the team expanded their efforts to include delivering emergency aid in the Gaza Strip. The situation on the ground has been highly precarious, and identifying reliable partners was challenging. However, this played directly to Refugease’s core strengths: connectivity, trust, and an established global network. The mission team is now working with a group of flexible, accountable, and fearless grassroots NGOs. One of Refugease’s trustees met these partners in person in Gaza, allowing us to verify their accountability first-hand, beyond standard vetting procedures. We’re proud to say that, through these partnerships, Refugease has been able to deliver aid to people in Gaza when many others could not: once again fulfilling our mission to reach those who would otherwise be left without help, despite immense logistical and operational hurdles.
The organisation continued supporting refugees in Ouistreham, France, via the _Aid Sho_ p, and support for refugees on Samos, Greece, by fundraising for bus tickets (all via _Aid Shop_ sales) that enabled the camp’s residents to travel to the “Free Market” in the town. This initiative provides a dignified, transaction-free shopping experience, allowing refugees to choose the clothes and food items most needed for their families. Life in the camps often means meals that are heavily carb-based, with little access to fresh fruit and vegetables. To bridge this gap, Refugease is prioritising affordable, regenerative sources of fresh food - empowering refugees to take greater control of their diets and wellbeing. This is being explored both through the _Aid Shop_ model and through harvests from our hydroponic farming initiatives.
Unlike in 2023, when donor support was driven primarily by the urgent needs of people fleeing Ukraine, in 2024 contributions from individuals, corporate partners, and customers of our _Vintage Emporium_ outlets were motivated by two key appeals: the charity’s own campaign to stabilise its operations, and the urgent need for humanitarian aid by people in the Gaza Strip.
In 2024, Refugease once again assured donors that their contributions directly support refugees, with a total of £85,732 _(£_ 180,559 in 2023 _),_ raised through the _Aid Shop,_ individual donations, fundraisers and corporate donors.
A total of £112,593 was spent on charitable activities, ensuring the charity’s promise that 100% of donated funds are spent on charitable causes.
2024 was a much improved year for the charity’s retail outlets, which contributed £16,521 net profit. This is a 7% decrease when compared with 2023. The organisation’s recovery plan, involving necessary cost reductions and investment in stable long-term retail locations (maturing from their former pop-up only model) was well under way throughout 2024, positioning the organisation for stronger growth. With these changes in place, profit margins of 21% are forecasted for mid-2025.
_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 2024_
External sources brought personal challenges for the organisation’s Managing Director, including disruption linked to her public role and the visibility of Refugease. These circumstances placed extraordinary pressure on leadership capacity. Nevertheless, through resilience and the unwavering commitment of our team, partners, and supporters, Refugease continued to stabilise and uphold its mission.
Due to these pressures, it became particularly challenging to overcome inevitable donor fatigue as a result of cost-of-living increases, so, with much success, a public appeal was launched to ‘save’ the organisation.
The organisation has thankfully stabilised significantly since its public plea for support. Internal compliance and bookkeeping practices have been strengthened, and retail shop locations are now being made more
secure through investment in long-term leases, balancing this with the continuation of our pop-up shop model, which remains active but is no longer solely relied upon.
With another year of sustained increases in costs across nearly every aspect of the organisation’s operations, much as in 2023, notably in shop utility bills, fuel and logistics, wages, and National Insurance contributions - diversifying income streams has become more essential than ever to ensure long-term sustainability. The Managing Director voluntarily and proactively reduced hours to a part-time role, which allowed her more time to spend voluntarily to minimise the disruption caused from external sources linked to her position, and to enable further strategic adjustments. Alongside this, a range of cost-cutting measures have been implemented to ensure the organisation carries itself through the next 24 months and emerges in a stronger, more resilient position.
_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 2024_
## _**The Unsafest Journey**_ **– Awareness & Fundraising Campaign**
Refugease partnered with creative agency HAVAS London on the award-winning, pro bono campaign _The Unsafest Journey_ , an immersive awareness initiative shown across the London Underground, cinemas, and national newspapers. Displayed on escalator screens, it gave commuters the chilling sense of making the Channel crossing themselves, urging them to donate the cost of their daily journey (£2.80) to help refugees avoid such dangers. While Refugease welcomes refugees wherever they are, the campaign underscored that the safest, most effective help is provided close to conflict, reducing forced migration. The campaign achieved 4th place in _**Campaign Magazine’s**_ Top 10 Creative Campaigns for its innovation and emotional impact:
“ _UK-based charity Refugease brought home the grim reality of migrant Channel crossings with this chilling image of a child's shoe floating downwards in a cold sea. With commuters in mind, copy that appears to drift downwards makes the plea: ‘Help refugees avoid this journey by donating the cost of yours.’_ ”
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Refugease is a registered charity under the The Charity Commission. Registration No: 1175022 Ny
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_REFUGEASE CHARITY REGISTERED NO. 1175022 TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024_
## **Transporting the most vulnerable individuals to safer areas, away from conflict zones.**
In previous years, Refugease operated frontline evacuations, transporting the most vulnerable individuals to safety from active conflict zones. In 2024, the need for such evacuations in Eastern Ukraine reduced significantly, and our van was transferred to a trusted partner charity who continue this work with the vehicle, and use it to transport food. Refugease now supports their efforts by fundraising for fuel via the _Aid Shop_ , while also providing hot meals in eastern regions, particularly in hospital settings.
Refugease remained connected to local NGOs and emergency service networks, ready to respond immediately should the need for evacuations rise again. The charity’s focus is on those least able to flee without assistance - people with reduced mobility, the elderly, and families with children, based in hard-to-reach places such as high-rise flats or isolated farms. These operations require specialist vehicles, precise planning, and careful coordination.
Though fewer in number, these evacuations are highly deliberate and target those most often overlooked by other organisations. By prioritising cases others cannot reach, Refugease ensures that individuals otherwise left behind are brought to safety. We will continue to commit resources to these life-saving operations when the situation demands.
_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 2024_
## **Responding in real-time in hard-to-reach areas serving refugees in transit by providing life-saving aid purchased locally to where it is distributed**
Refugease remains 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 platform on the Refugease website that enables supporters to purchase essential survival items for refugees in Ukraine, France, Greece, and the Middle East. This system converts donations into practical aid almost immediately, with local distributors purchasing items on the ground - often within minutes - ensuring a rapid and transparent emergency response.
By sourcing aid locally, the _Aid Shop_ reduces haulage and customs costs, overcomes restrictions caused by Brexit and COVID, and strengthens local economies. It also allows Refugease to adjust items seasonally and respond flexibly to emerging needs. _*See image below for examples of most needed survival items in Gaza from 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.
**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 _Aid Shop_ generated a total income of **£16,126** in 2024. This achievement was driven by the charity’s strong social media presence and targeted email campaigns, all of which inspired significant support and compassion.
_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 2024_
## 📍 **Gaza,** _**Aid Shop**_ **deliveries**
_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 2024_
## 📍 **Greece** _**Aid Shop**_ **Deliveries**
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## **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, Jordan**_
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 enrolment 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.
_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 2024_
## _**Refugee Employment - UK & Abroad**_
In 2024, Refugease continued to fund the salaries of refugee teachers at the Education Centre in Jordan and employed refugees in its UK retail workforce.
**2024 was a year of stabilisation and recovery for Refugease.** Following the financial challenges of 2023, the Trustees and management implemented a series of decisive measures to strengthen the organisation’s foundations and ensure long-term sustainability. The reduction in overall income required continued prudence and adaptability, but many of the strategic adjustments made during 2023 began to yield positive results.
Throughout 2024, the charity focused on cost reduction, increased financial oversight, and the consolidation of its retail operations. The closure of the warehouse, sale of the charity van, and relocation to stable long-term shop premises formed part of this recovery plan. Administrative and bookkeeping processes were tightened, internal compliance and safeguarding procedures enhanced, and several operational efficiencies introduced.
The Managing Director voluntarily transitioned to a part-time contractual role during 2024, allowing for increased focus on governance, compliance, and strategic oversight, while also addressing ongoing external challenges associated with her public-facing position. The remaining hours required to constitute a full-time commitment are now contributed on a voluntary basis, demonstrating a continued and exceptional dedication to the charity’s mission and stability. Despite these pressures, Refugease maintained its capacity to deliver humanitarian aid swiftly and effectively through the _Aid Shop_ model and its network of verified grassroots partners.
By the end of 2024, the organisation had stabilised significantly. Trustees continue to monitor performance closely and are confident that Refugease is positioned for sustained growth and improved resilience into 2025.
_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 2024_
- **Total turnover:** £299,922 (29% decrease from £428,122 in 2023). Despite reduced income, Refugease successfully stabilised operations through cost-cutting, increased compliance, and strategic restructuring of its retail model.
- **Income via donations:** £85,732 raised through _Aid Shop_ sales, individual donations, fundraisers, and corporate partners (2023: £180,559).
-
- £112,593 spent on charitable activities (2023: £242,659).
- 100% of donated funds directed to charitable causes.
- _**Aid Shop**_ **system:**
- Delivered emergency humanitarian aid to refugees in transit across Europe and the Middle East through local purchases made via the online _Aid Shop_ .
- Generated total income of £16,126 (2023: £38,223)
- Continued expansion of the model for speed, agility, transparency, and local economic benefit.
- **New humanitarian partnerships:**
- Expanded operations into **Gaza** , delivering emergency aid in an extremely precarious and volatile environment.
- Partnered with trusted, flexible, and accountable grassroots NGOs; one trustee met partners in person to verify accountability beyond standard vetting procedures.
- Successfully delivered aid when other organisations could not, reaching people otherwise left without help.
- **Ongoing humanitarian support:**
- Continued assistance to refugees in **Ouistreham, France** , through Aid Shop purchases and direct delivery of baby supplies and essentials.
- Maintained support to **refugees in Samos, Greece** , providing travel assistance through Aid Shop-funded bus tickets to the “Free Market” initiative, facilitating dignified access to clothing, food, and essential items for refugees while strengthening local economies.
## ● **Frontline evacuations:**
- Evacuations from Eastern Ukraine significantly reduced as the conflict stabilised in certain regions - Refugease transferred its van to a trusted partner charity continuing food transport and humanitarian work.
- Ongoing funding support provided for fuel and hot meal distributions in Eastern Ukraine hospitals.
- Refugease remained on standby with networks expanding into Gaza, and emergency contacts ready to reactivate evacuation missions when needed.
_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 2024_
- **Education and employment:**
- Continued full funding of the **Za’atari Education Centre in Jordan** , supporting 125 refugee and low-income Jordanian children (up from 80).
- Funded refugee teachers’ salaries, school supplies, and equipment.
- Provided paid employment opportunities for **6+ refugees** in the UK and abroad.
- **Retail operations:**
- Charity’s **Vintage Emporium** shops achieved a **£16,521 net profit** (7% decrease from 2023).
- Retail recovery plan in progress-transitioning from short-term pop-ups to stable long-term locations.
- **Public awareness and fundraising:**
- Launched successful “ **Save Refugease** ” public appeal to overcome donor fatigue and stabilise operations amid cost-of-living pressures.
- Partnered with **HAVAS London** on award-winning _“The Unsafest Journey”_ campaign, which achieved 4th place in _Campaign Magazine’s Top 10 Creative Campaigns_ .
- **Governance and resilience:**
- Strengthened financial oversight, accounting, and health and safety practices, increasing transparency and internal compliance.
- Managing Director reduced hours voluntarily to part-time to allow focus on stabilisation and security following disruption from external sources.
- Cost-saving measures implemented to sustain operations over the next 24 months.
## ● **Mission impact:**
- Continued fulfilling Refugease’s core mission of reacting without delay in hard-to-reach area **s** and serving refugees least likely to receive help from larger organisations.
- Reaffirmed commitment to frontline response, self-reliance, and long-term sustainability through innovation, transparency, efficiency, and compassion.
_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 2024_
The attached financial statements show the current state of the finances, which the Trustees consider to be acceptable. Total incoming resources were £302,506 and total outgoing payments amounted to £328,643, the net deficit for the year was £26,137. There were no restricted funds to carry forward at the end of 2024.
The balance sheet shows a negative reserves position as at the year-end and at the date of signing this report. The Trustees are confident that the recovery plan in place is sufficient to restore the charity to a positive reserves position in the near future. At the time of signing, the balance-sheet deficit had reduced to approximately £23,000.
The Trustees would like to draw your attention to the going concern note included under the accounting 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 :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted
- Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
_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 2024_
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- 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.
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: 28/10/2025**
_Refugease is a registered charity under the The Charity Commission. Registration No: 1175022_
## **Refugease**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 December 2024**
I report to the Trustees on my examination of the financial statements of the charity on pages 16 to 41 for the year ended 31 December 2024 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 2024 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 28 October 2025
15
## **Refugease - Statement of Financial Activities for the year ended 31 December 2024**
## _**Statement of Financial Activities for the year ended 31 December 2024**_
|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
**Income & Endowments from:**
Donations & Legacies
A1
73,332
Other trading activities
A3
214,190
Investments
A4
-
Other
A5
2,584
**Total income**
**A**
**290,106**
**Expenditure on:**
Raising funds
B1
204,657
Charitable activities
B2
109,920
Other
B3
-
**Total expenditure**
**314,577**
**SORP**
**Ref**
**B**
**Net income for the year**
**(24,471)**
**Net income after transfers**
**A-B-C**
**(24,471)**
**Net movement in funds**
**(24,471)**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
(29,994)
**Total funds carried forward**
**(54,465)**|**Current year**
**Restricted**
**Funds**
**2024**
**£**
12,400
-
-
-
**12,400**
-
12,400
1,666
**14,066**
**(1,666)**
**(1,666)**
**(1,666)**
1,666
**-**|**Current year**
**Total Funds**
**2024**
**£**
**85,732**
**214,190**
**-**
**2,584**
**302,506**
**204,657**
**122,320**
**1,666**
**328,643**
**(26,137)**
**(26,137)**
**(26,137)**
**(28,328)**
**(54,465)**|**Prior 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)**|
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 24 to 41 form an integral part of these accounts.**
16
## **Refugease - Statement of Financial Activities for the year ended 31 December 2024**
## **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**
**2023**
**£**
174,647
-
247,355
120
-
422,122
289,230
238,636
1,000
-
-
**528,866**
-
(106,744)
-
(106,744)
**(106,744)**
76,750
**(29,994)**
|**Prior Year**
**Restricted**
**Funds**
**2023**
**£**
6,000
-
-
-
-
-
6,000
-
7,667
-
-
-
-
**7,667**
-
(1,667)
-
(1,667)
**(1,667)**
3,333
**1,666**|**Prior 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)**|
## **All activities derive from continuing operations**
A Statement of Total Recognised Gains and Losses is included in these accounts as a separate primary statement
17
**Refugease - Statement of Financial Activities for the year ended 31 December 2024**
## **Statement of Total Recognised Gains and Losses for the year ended 31 December 2024**
|**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|**2024**
**£**
(27,055)
918
-
**(26,137)**
**(26,137)**
**(26,137)**|**2023**
**£**
(108,411)
(1,000)
-|
|---|---|---|
|||**(109,411)**|
|||**(109,411)**|
|||**(109,411)**|
**The notes attached on pages 24 to 41 form an integral part of these accounts.**
## **Refugease - Resources applied in the year ended 31 December 2024 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**|**2024**
**£**
(26,137)
2,242
-
**(23,895)**|**2023**
**£**
(108,411)
(10,145)
-|
|---|---|---|
|||**(118,556)**|
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
**The notes attached on pages 24 to 41 form an integral part of these accounts.**
18
## **Refugease - Statement of Financial Activities for the year ended 31 December 2024**
## **Movements in revenue and capital funds for the year ended 31 December 2024**
## **Revenue accumulated funds**
|**Unrestricted**
**Funds**
**2024**
**£**
Accumulated funds brought forward
(29,994)
(24,471)
**(54,465)**
**Closing revenue funds**
**(54,465)**
**Summary of funds**
**Unrestricted**
**and**
**Designated funds**
**2024**
**£**
Revenue accumulated funds
(54,465)
Recognised gains and losses before
transfers|**Restricted**
**Funds**
**2024**
**£**
1,666
(1,666)
**-**
**-**
**Restricted**
**Funds**
**2024**
**£**
-|**Total**
**Funds**
**2024**
**£**
(28,328)
(26,137)
**(54,465)**
**(54,465)**
**Total**
**Funds**
**2024**
**£**
**(54,465)**|**Last year**
**Total Funds**
**2023**
**£**
**80,083**
(108,411)|
|---|---|---|---|
||||**(28,328)**|
||||**(28,328)**|
||||**Last Year**
**Total Funds**
**2023**
**£**
(28,328)|
**The notes attached on pages 24 to 41 form an integral part of these accounts.**
19
## **Refugease - Balance Sheet as at 31 December 2024**
|Note
**SORP**
**Ref**
**Fixed assets**
A
Tangible assets
10
A2
**Current assets**
B
Debtors
12
B2
5,584
Cash at bank and in hand
B4
3,406
**Total current assets**
8,990
**Creditors: amounts falling due within**
**one year**
13
C1
(74,530)
**Net current assets**
**The total net assets of the charity**
**Restricted funds**
Restricted Revenue Funds
16
D2
-
**Unrestricted Funds**
Unrestricted Revenue Funds
16
D3
(54,465)
**Designated Funds**
**Total charity funds**
**The total net assets of the charity are funded by the funds of the**|
5,584
3,406|**2024**
**£**
11,075
21,707
8,530
30,237
(66,228)
(65,540)
**(54,465)**
1,666
-
(29,994)
(54,465)
**(54,465)**
**charity, as follows:-**|21,707
8,530|**2023**
**£**
7,663
(35,991)|
|---|---|---|---|---|
||8,990
(74,530)||30,237
(66,228)||
|||||**(28,328)**|
|||||1,666
(29,994)|
|||||**(28,328)**|
20
## **Refugease - Balance Sheet as at 31 December 2024**
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 14.
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 Greg Holder (Oct 28, 2025 13:46:03 GMT)
## **GREG HOLDER**
Trustee Approved by the board of trustees on 28 October 2025
**The notes attached on pages 24 to 41 form an integral part of these accounts.**
21
## **Refugease**
## **Cash Flow Statement for the year ended 31 December 2024**
|**Cash flows from operating activities**
**A**
**_Cash flows from investing activities_**
Interest received
Proceeds from sale of property, plant and equipment
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|**2024**
**£**
3,265
-
7,151
(15,540)
**(8,389)**|**2023**
**£**
(63,938)|
|---|---|---|
|||120
-
(2,145)|
|||**(2,025)**|
||||
||||
|**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 2024
Cash and cash equivalents at 1 January 2024
**A+B+C**
**Cash at bank and in hand less overdrafts at 31 December**|**-**
**(5,124)**
(5,124)
8,530
**3,406**|**-**|
||||
|||**(65,963)**|
|||(65,963)
74,493|
|||**8,530**|
22
## **Refugease**
## **Cash Flow Statement for the year ended 31 December 2024 Refugease**
## **Cash Flow Statement for the year ended 31 December 2024 - 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
Dividends, interest and rents from investments
Loss/(Gain) 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 2024
**Total cash and cash equivalents**|(26,137)
5,895
-
(918)
16,123
8,302
**3,265**
**2024**
**£**
3,406
**3,406**|(108,411)
7,948
(120)
1,000
(14,207)
49,852|
|---|---|---|
|||**(63,938)**|
|||**2023**
**£**
8,530|
|||**8,530**|
## **Refugease**
## **Cash Flow Statement for the year ended 31 December 2024 - Continued**
## **Analysis of change in net debt**
|Cash
**Total**|**_At start_**
**_of year_**
8,530
8,530|**_Cash_**
**_Flows_**
(5,124)
(5,124)|**_At end_**
**_of year_**
3,406|
|---|---|---|---|
||||3,406|
23
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **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 2026, 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.
24
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## _**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.
25
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
**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.
26
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## _**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.
27
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **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.
28
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **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.
29
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024 5 Net surplus before tax in the financial year**
|**es to the Accounts for the year ended 31 December 2024**
**Net surplus before tax in the financial year**|||
|---|---|---|
|The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets
Pension costs
**The contribution of volunteers**
**Staff costs and emoluments**
**_Salary costs_**
Gross Salaries excluding trustees and key management personnel
Employer's National Insurance for all staff
Employer's contribution to defined benefit pension schemes
**Total salaries, wages and related costs**
**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was
The charity depends on the support of its volunteers, which is much appreciated.|**2024**
**£**
5,895
3,124|**2023**
**£**
7,948
4,920|
||**2024**
**£**
138,667
7,430
3,124|**2023**
**£**
266,089
15,289
4,920|
||**149,221**|**286,298**|
||**2024**
9|**2023**
19|
## **6 The contribution of volunteers**
## **7 Staff costs and emoluments**
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 personell
The remuneration in the year year was
Pension contributions paid by the employer
**_Total remuneration package included in_**
**_total salaries above_**|47,000
1,223|73,460
1,863|
|---|---|---|
||**48,223**|
**75,323**|
## **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.
30
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **10 Tangible fixed assets**
|**_Current Year_**
**Cost**
At 1 January 2024
Additions
Disposals
**At 31 December 2024**
**Depreciation**
At 1 January 2024
Charge for the year
On disposals
**At 31 December 2024**
**Net book value**
**At 31 December 2024**
**At 31 December 2023**
**_Prior Year_**
**Cost**
01 January 2023
Additions
Disposals
**01 January 2024**
**Depreciation**
01 January 2023
Charge for the year
On disposals
**01 January 2024**
**Net book value**
**01 January 2024**
**01 January 2023**|**Land and**
**Buildings**
£
-
-
-|**Plant &**
**Machinery**
£
2,145
-
-|**Motor**
**Vehicles**
£
18,700
15,540
(18,700)|**Total**
£
20,845
15,540
(18,700)|
|---|---|---|---|---|
||**-**|**2,145**|**15,540**|**17,685**|
||-
-
-|715
715
-|12,467
5,180
(12,467)|13,182
5,895
(12,467)|
||**-**|**1,430**|**5,180**|**6,610**|
||**-**|**715**|**10,360**|**11,075**|
||||||
||**-**|**1,430**|**6,233**|**7,663**|
||**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**|
31
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
|**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
**14 Income and Expenditure account summary**
**At 1 January 2024**
Surplus after tax for the year
**At 31 December 2024**|**2024**
**£**
-
5,584|**2023**
**£**
17,523
4,184|
|---|---|---|
||**5,584**|**21,707**|
||**2024**
**£**
3,509
1,500
51,783
17,738|**2023**
**£**
4,786
16,494
43,537
1,411|
||**74,530**|**66,228**|
||**2024**
**£**
(29,328)
(26,137)|**2023**
**£**
80,083
(109,411)|
||**(55,465)**|**(29,328)**|
## **15 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 December 2024**
Tangible Fixed Assets
Current Assets
Current Liabilities
**At 1 January 2024**
Tangible Fixed Assets
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
11,075
8,990
(74,530)|**Designated**
**funds**
**£**
-
-|**Restricted**
**funds**
**£**
-
-
-|**Total**
**Funds**
**£**
**11,075**
**8,990**
**(74,530)**|
|---|---|---|---|---|
||**(54,465)**|**-**|**-**|**(54,465)**|
||**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)**|
32
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024 16 Change in total funds over the year as shown in Note 15 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**_Restricted funds:-_**
Anderson Partners
MyCopunks Ltd
Childrens salon
Stewardship
West Kent PSC
**Total restricted funds**
**Total charity funds**|**Funds brought**
**forward from**
**2023**
**£**
(29,994)|**Movement in**
**funds in 2024**
**See Note 17**
**£**
(24,471)|**See Note 0**
**£**
**-**
**Transfers**
**between**
**funds in 2024**|**Funds carried**
**forward to**
**2025**
**£**
**(54,465)**|
|---|---|---|---|---|
||**(29,994)**|**(24,471)**|**-**|**(54,465)**|
||1,666
-
-
-
-|(1,666)
-
-
-
-|-
-
-
-
-|**-**
**-**
**-**
**-**
**-**|
||**1,666**|**(1,666)**|**-**|**-**|
||||||
||**(28,328)**|**(26,137)**|**-**|**(54,465)**|
## **Change in total funds over the year as shown in Note 19 , analysed by individual funds - PRIOR YEAR**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**_Restricted funds:-_**
Children Salon
Anderson Partners
**Total restricted funds**
**Total charity funds**|**Funds brought**
**forward from**
**2022**
**£**
76,750|**Movement in**
**funds in 2023**
**See Note 17**
**£**
(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)**|
33
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **17 Analysis of movements in funds over the year as shown in Note 16**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**_Restricted funds:-_**
Anderson Partners
MyCopunks Ltd
Childrens salon
Stewardship
West Kent PSC|**Income**
**2024**
**£**
290,106
2,500
8,000
1,000
500
400|**Expenditure**
**2024**
**£**
(314,577)
(4,167)
(8,000)
(1,000)
(500)
(400)|**Other**
**Gains &**
**Losses**
**2024**
**£**
-
-
-
-
-
-|**Movement**
**in funds**
**2024**
**£**
**(24,471)**
**(1,667)**
**-**
**-**
**-**
**-**|
|---|---|---|---|---|
||**302,506**|**(328,643)**|**-**|**(26,137)**|
## **Analysis of movements in funds over the year as shown in Note 20 - PRIOR YEAR**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Restricted funds:-**
Children Salon earthquake 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)**|
34
## **Refugease**
## **Notes to the Accounts for the year ended 31 December 2024**
## **18 The purposes for which the funds as detailed in note 16 are held by the charity are:-**
## _**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.
_**Restricted funds:-**_ Anderson Partners Gaza MyCopunks Ltd Jordan education centre Childrens salon Gaza Stewardship Gaza West Kent PSC Gaza
## **19 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.
35
**Refugease**
## **Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
|**20**
**Donations, Grants and Legacies**
**Donations and gifts from individuals**
**Donations and gifts from individuals (Include HMRC ref**
**Prior year**
**Total Donations, Grants and Legacies**
**Total Donations, Grants and**
**Legacies**
**A1**
All the donations and gifts in the prior year were unrestricte
**_Prior year_**
**Total Donations, Grants and**
**Legacies**
**A1**
**Total donations and gifts from**
**individuals**
Refunds from HMRC on gift aided donations
Donations including aid shop|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
6,812
66,520|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-
12,400|**Current year**
**Total Funds**
**2024**
**£**
**6,812**
**78,920**|**Prior Year**
**Total Funds**
**2023**
**£**
22,287
158,360|
|---|---|---|---|---|
||**73,332**|**12,400**|**85,732**|**180,647**|
||**unds on gift ai**
**Prior Year**
**Unrestricted**
**Funds**
**2023**
**£**
**174,647**||||
||||||
||||||
||**73,332**|**12,400**|**85,732**|**180,647**|
||d.
**Unrestricted**
**Funds**
**2023**
**£**|**Restricted**
**Funds**
**2023**
**£**|**Prior Year**
**Total Funds**
**2023**
**£**||
||**174,647**|**6,000**|**180,647**||
36
**Refugease**
**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
## **21 Income from other, non charitable, trading activities**
|**Total from other activities**
**A3**
**Income from other, non charitable, trading activities - P**
**Prior Year**
**22 Investment income**
Bank Interest Receivable
**Total investment income**
**A4**
**Investment income - Prior Year analysis**
**Prior Year**
**23 Other income and gains**
**_Current year_**
**Summary of Realised Gains**
**Total other income**
**A5**
Realised gains on disposals of tangible
fixed assets held for the charity’s own use
Trading activities to raise funds for the
charity|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
214,190|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-|**Current year**
**Total Funds**
**2024**
**£**
**214,190**|**Prior Year**
**Total Funds**
**2023**
**£**
247,355|
|---|---|---|---|---|
||**214,190**|**-**|**214,190**|**247,355**|
||**rior Year analysis**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**247,355**
**-**||**Total Funds**
**247,355**|**Prior Year**
**Total Funds**
**2023**
**£**
120|
||||||
||||||
||**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
-|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-|**Current year**
**Total Funds**
**2024**
**£**
**-**||
||**-**|**-**|**-**|**120**|
||**Unrestricted**
**Funds**
**120**|**Restricted**
**Funds**
**-**|**Total Funds**
**120**|**Prior Year**
**Total Funds**
**2023**
**£**
-|
||**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
2,584|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-|**Current year**
**Total Funds**
**2024**
**£**
**2,584**||
||**2,584**|**-**|**2,584**|**-**|
37
**Refugease**
**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
## **24 Expenditure on charitable activities - Direct spending**
|**_Current Year_**
**Total direct spending**
**B2a**
All the expenditure in the prior year was unrestricted.
**_Prior Year_**
**Total direct spending**
**B2a**
Other
Aid logistics
Aid expenditure
Other
Gross wages and salaries - charitable
activities
Aid expenditure
Refugee employment
Repairs and maintenance
Refugee employment
Repairs and maintenance
Technology and communications
Professional fees
Marketing and advertising of charitable
services
Technology and communications
Professional fees
Travel and Subsistence - Charitable
Activities
Travel and Subsistence - Charitable Activities
Gross wages and salaries - charitable activities|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
51,081
-
315
12,840
18,273
3,193
11,251
4,798
549
225|**Current year**
**Restricted**
**Funds**
**2024**
**£**
3,500
-
-
-
8,900
-
-
-
-
-|**Current year**
**Total Funds**
**2024**
**£**
**54,581**
**-**
**315**
**12,840**
**27,173**
**3,193**
**11,251**
**4,798**
**549**
**225**|**Prior Year**
**Total Funds**
**2023**
**£**
**126,557**
**2,121**
**-**
**-**
**94,463**
**3,159**
**-**
**4,728**
**5,827**
**-**|
|---|---|---|---|---|
||**102,525**|**12,400**|**114,925**|**236,855**|
||**Prior Year**
**Unrestricted**
**Funds**
**2023**
**£**
126,557
2,121
88,463
3,159
-
4,728
5,827
-|**Prior Year**
**Restricted**
**Funds**
**2023**
**£**
-
-
6,000
-
-|**Prior Year**
**Total Funds**
**2023**
**£**
**126,557**
**2,121**
**94,463**
**3,159**
**-**
**4,728**
**5,827**
**-**||
||**230,855**|**6,000**|**236,855**||
38
**Refugease**
**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
## **25 Support costs for charitable activities**
|**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**
**2024**
**£**
5,895|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-|**Current year**
**Total Funds**
**2024**
**£**
**5,895**|**Prior Year**
**Total Funds**
**2023**
**£**
**7,948**|
||**5,895**|**-**|**5,895**|**7,948**|
||**5,895**|**-**|**5,895**|**7,948**|
||**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
6,281|**Current year**
**Restricted**
**Funds**
**2024**
**£**
1,667|**Prior Year**
**Total Funds**
**2023**
**£**
**7,948**||
||**6,281**|**1,667**|**7,948**||
||**6,281**|**1,667**|**7,948**||
The basis of allocation of costs between activities is described under accounting policies
## **26 Other Expenditure - Governance costs**
|**_Current Year_**
Independent Examiner's fees
**Total Governance costs**|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
1,500|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-|**Current year**
**Total Funds**
**2024**
**£**
**1,500**|**Prior Year**
**Total Funds**
**2023**
**£**
**1,500**|
|---|---|---|---|---|
||**1,500**|**-**|**1,500**|**1,500**|
39
## **Refugease**
**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
|**27 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**
**2024**
**£**
102,525
5,895
1,500|**Current year**
**Restricted**
**Funds**
**2024**
**£**
12,400
-
-|**Current year**
**Total Funds**
**2024**
**£**
**114,925**
**5,895**
**1,500**|**Prior Year**
**Total Funds**
**2023**
**£**
**236,855**
**7,948**
**1,500**|
|---|---|---|---|---|
||**109,920**|**12,400**|**122,320**|**246,303**|
||**Prior Year**
**Unrestricted**
**Funds**
**2023**
**£**
230,855
6,281
1,500|**Prior Year**
**Restricted**
**Funds**
**2023**
**£**
6,000
1,667
-|**Prior Year**
**Total Funds**
**2023**
**£**
**236,855**
**7,948**
**1,500**||
||**238,636**|**7,667**|**246,303**||
||||||
40
**Refugease**
## **Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015**
## **28 Expenditure on raising funds and costs of investment management**
|**_Current Year_**
Marketing & advertising of fundraising
Gross wages and salaries - fundraising activities
Premises costs
Professional fees
Logistics
Other shop costs
**Total fundraising costs**
**B1**
**_Prior Year_**
Marketing & advertising of fundraising
Premises costs
Professional fees
Logistics
Other shop costs
**Total fundraising costs**
**B1**
**29 Gains and losses on fixed asset disposals and su**
**Total losses**
**B3**
**30 Total of other expenditure**
**_Current Year_**
Total other expenses and costs
**Total other expenditure**
**B3**
Gross wages and salaries - fundraising
Realised losses on disposals of tangible
fixed assets held for the charity’s own use|**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
542
97,586
56,216
49,519
-
794|**Current year**
**Restricted**
**Funds**
**2024**
**£**
-
-
-
-
-
-|**Current year**
**Total Funds**
**2024**
**£**
**542**
**97,586**
**56,216**
**49,519**
**-**
**794**|**Prior Year**
**Total Funds**
**2023**
**£**
**2,922**
**159,741**
**77,472**
**21,579**
**19,574**
**7,942**|
|---|---|---|---|---|
||**204,657**|**-**|**204,657**|**289,230**|
||**Unrestricted**
**Funds**
**2023**
**£**
2,922
159,741
77,472
21,579
19,574
7,942|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-
-|**Total Funds**
**2023**
**£**
**2,922**
**159,741**
**77,472**
**21,579**
**19,574**
**7,942**|**1,000**|
||**289,230**|**-**|**289,230**||
||**mmary of impairments**
-
1,666||**1,666**||
||**-**|**1,666**|**1,666**|**1,000**|
||**Current year**
**Unrestricted**
**Funds**
**2024**
**£**
-|**Current year**
**Restricted**
**Funds**
**2024**
**£**
1,666|**Current year**
**Total Funds**
**2024**
**£**
**1,666**|**Prior Year**
**Total Funds**
**2023**
**£**
**1,000**|
||**-**|**1,666**|**1,666**|**1,000**|
41