Registered number.. 11121606 Charity number- 1176502 INTEGRITY INTERNATIONAL TRUST (A company Ilmlted by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
INTEGRITY INTERNATIONAL TRUST IA Gompany Ilmltod by guarantee) CONTENTS Page Rèfèréncè and admlnlstratlve detalls of tho Companyi it¥ Trustees and advlyern Trustees, report Independgnt examlner's report Statement of flnanclal actlvltle$ Balance sh•et Notes to the flnanGlal staternents 9-15
INTEGRITY INTERNATIONAL TRUST IA company limited by guaranteol REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustèes P K Malharu R S Malharu T K Malhar T S Malharu K K Malharu V S Malharu H D Smith S R Slamerra Company roglst8rod numb9r 111216C6 Ch4rlty rggl$tered number 1176502 Reglster8d office 10 Quoen Slrtset Place London EC4R 1BE Page 1
INTEGRITY INTERNATIONAL TRUST {A ¢ompany limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their report and the financial slalemenls for thè year ended 31 December 2023. The charitable company was incorporated on 21 Decombef 2017. The accounts have been prèpared for thè year to 31 December 2023, with eomparalives for the year to 31 December 2022. The financial slalemenls comply wilh the Chariti85 Act 2011, thè Companlès Act 2006. the Memorandum and Articles of As50ciatlon, and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities prèparing their accounts in accordance with the Financial Reportlng Stsndard applicable in Ihe UK and Republic ol Ireland IFRS 1021 ISe¢ond Edilionl effective 1 January 2019. Trustees of the charlty The Iruslees ol the Gh8rltsble ¢ompany ar8 the directors for the purposes of ¢ornpany law. The tru8lee8 who have seNed during th8 year and sincé the year end were as follows.. P K Malharu R S Malharu T K Malharu T S Malharu K K Malharu lappolntèd 27 May 20231 V S Malharu lappoint8d 27 May 20231 H O Smith lappoinled 2 July 20231 S R Slamerra lappoinled 2 July 2023) ObJectlve8 and actlvltles a. Fundralslng actlvltl•s During Ihg year InlegrSty International Trvst received fund8 from donations. The Charity did not employ any person or Ihird*arty company lo act on behalf of the Charity for the purpose of fundraising. Th8 Charity did not receive any complaints during th8 year. Page 2
INTEGRITY INTERNATIONAL TRUST IA company limited by guaranteel TRUSTEES, REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Objactivgs and activiti8s leontlnued} b. Objectives and Publlc beneflt statemènt Integrity Int&malional Trust's IIIT) mSsslon is to build brlohler futures for the most vulnerable people in society. There are no geographical boundaries lo this remil,. where there is a signifieanl nèed, and IIT, or our partn8rs, have the 8XP&rtis& and r8sources lo asslst lo create suslalnable solutions, IIT Intervenes. Our objectives are.. To empowèr & protect vulnerable people., Provide education,. and Confronting sèx trafficking To raise the awRrenes8 of the global issue of sex trafficking o To make posi1Sve changes to the lives of those affected by sex trafficking o To prevent individuals in highly VLÈln&rable environments from becoming subject to Sox trafficking o To build the Nepal Communlty Educalign & Welfare Centr8 to assist Ih08e who have been rescued from sex trafficking in Securing a positive future o To assist in bringing sex Irafflckèrs to lu8llce and securing more conviction5. Enable job opportunilles and skills Reslofe I build community, welfare and edu¢olional fgGilitlOS Main181n health & welfare Th8 Trustees eonllrm that they have had ie9ard lo the guidance on public benefit 18su8d by thg Charity Cammission whgn considgring the objectives and aetivltles of the Charlty. c. Actlvltles durlng the Yoar The acllvllles durlng the year were.. Burns Night- hosted by Blue Orchid Hospilallty City Giving Day- funds raised for Lord Mayor's Appeal During the year, the Charity made grants and donations lotalling £6,995 to Ora¢lg Cancer Trust and lolalllng £6,390 to Wom8n's Space Ergon. Page 3
INTEGRifY INTERNATIONAL TRUST IA company limlted by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Achièvements and performanc8 Financial revièw a. Resaries policy The results for the year are shown in the Stalement of Financial Activitie8 on page 6. There was a surplus of £23.686 in the year131 December 2022.. £25, 739. The Slalemenl ol Finan¢ig1 Aclivi118s sh¢JWS Incomè for the year of £45,16412022.' £3T,840) and expendlture of £21.47812022.' £11,349). The majorlly of the expenditure during Ihe yaar1£13.385} was on donations. The Trustee$ ¢onfirm Ihal they hav8 id8ntifi8d and revlewed the major risk lo which th8 charlty Is exposed and have established systems lo mitigate thosè rlsks, such as regular meetings of the Board of Tru$lee$ and the USB of professional advisors where necessary. The¥e include ensuring that the Board is appropri8lely fulfilling responsibilitie8 under the Companies Act 2006 and Charitiès Act 2011. The Trustee8 havg considered the impael of the current economic climate on ils operalions, and the nggolive unre8lAclèd fund8 P0811ion. and believe il appropriala for the golng conc&m basls lo be adopled for these account5. Al 31 December 2023 the Charity heid total funds of £50.830 (2022.. £27, 1441 of which £39,798 compTlsed reslricled funds12022.' £37, T601. At 31 December 2023 the oharity held a 8urplu8 in free reserves {Ihal Is, those fund$ not Iy8d up in dèslgnaled and reslricled funds) of £11,032 131 Dec&mber 2022.. dgficil of £10.6161. Given that the Charily has few commltted costs and that the majority of tho exp¢ndilure is in relation lo grants and donallons which are made, having considered the funds avallable lo the Trustees, the Trustees are satisfled Ihgt the lgvel of reserves is appropriate.. Structure. governance and rnanaggmont a. Constltutlon IntrIty International Tru$t is fftgi8tered with the Charity Commlssion and 1$ also a eompany Ilmlted by guaranteg. Thg Memorandum and Artlcles of Assoclallon of the Company constitute the governirsg doGumenl. b. Methods ol appolntmont or a1g¢tlon of Trustaes The Trustees are appointed by the founder, per Ihe Goveming DoGument. During the year of these financial statements and the previous year. the Charity éid not employ any staff and the day lo day management of the Charity was carried out by the Trustees. c. Governlng body The governing body of the Charity 18 the Board of Trustees. Page 4
INTEGRITY INTERNATIONAL TRUST IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Structurè, governance and management Icontlnuedl d. ResponsSbllltl8s of Irustses The Trustees are re8ponsible for setting strategies and policies for the charity and for ensuring that these are implemented. Stat9mgnt of Trustges, rèsponsibilitiès The Trustees {who are also th8 directors of th8 Company for the purposes of Gompany lawl are re$pgn$lble for preparing the Trustees. report and the financial slalemenls in accordance with applicabl8 law and Uni18d Kingdom Atcounllng Standards Iunlled Klngdom Generally Accepted Accoun*ing Practic81. Company law requlres the Trustees to prepare financial slalemenls for each financial . Under company law, the Trustees musl not approve the financial statements unless they are satisfied that they give a truè and falr vbew of the slate of affairs of the Company and of ils Incoming resources and application of resourGe$, including its Income and expenditure, for that period. In preparlng these fin8ncial slatemenls, the Truslees are requir8d to.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles of the Charities SORP IFRS 102}', m8k& ludgmenls and accounllng estimate8 that are reasonable 8nd prudent., Slalg whglher applicable UK Accounting Standards IFRS 1021 have been follow8d, subjeGt lo any matgrlal dep8rtures dlsclosed and explained in th8 financial slalemenls., pr&pare the financial 8lalements on the going concern basis unless it Is ingpproprtate lo presume that th8 Company will continue In business. The Truslges are responsible for keeping adequate accounting records that are sufflclènt to show and explaSn the CompanYs tran5aclion5 and disclose wilh reasonable acGuraGy al any lime the financial position of the Company and enable them to 8nsure that the financial slal8m8nls comply with the Companies Act 2006. They are also respon8ible for safeguarding the a8sel8 of the Company and hence for 18klng reasonable steps for the prevention and deléclion of fraud and other irregularltle8. The Trustee8 are responsible for the maintenance and inlegrfly of the cgrporale and financial information Included on the charitable Companls website. Legislation in the United Kingdom govgrning the preparation and dissemination Of Finanaal Slalèment8 may differ from le018latlon In olherlurlsdlctlons. In preparing the Trustees. Report the trustees have taken advanlagg of the 8X8mplions availab16 Its smaller companies including the exemption from preparing a strategic report. Approved by order of the members of the board of Trustees and slgned on thelr behalf by.. T S Matharu Page 5
INTEGRITY INTERNATIONAL TRUST (A company Ilmlted by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Indepèndent Examlner's Report to the Trustees of Integrlty Internatlonal TNst I'the Company'} report lo the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2023. Responslbllltles and Basbs of Report As the Trustèes of the Company {and dlrectors for the purposes of company law) you are responsible for th8 preparallon of the acwunts in a¢Gordance w(th the requirements of the Companies Act 20061'lhe 2006 Acl'l. Having satisfied myself that the accounts of the Company arg not wulrod to be audited under Part 16 of th8 2006 Act and are eligible for ind8P8ndenl examination, I report in respect of my examination of the Companls accounts carfied out under section 145 of the Charitie8 Act 20111'lhe 2011 Acl'l. In carrying out my examination I have followed the Dlrecllons glven by the Charily Commlssion under seellon 1451Sllbl of tha 2011 Act. Indep9ndent Exaffllner'¥ Statgment I have completed my examination. I conflrm that no matters have come to my attention In connectlon with tho examlnation giving me cause lo believe.. aCCOLtnllng record8 were not kept In respect of the Company 88 requlred by secllon 386 of the 2006 Act,. or the aGcounls do not accord with those records., or the accounts do not comply with the accountii)g requiremen18 of section 396 of the 2006 Act other than any requlremenl that the accounts glve 8 'lrue and falr, vlew whlch Is not a matter consldered as part of an independent examination; or the accounts have not been prepared in accgrdan¢o with the methods and principles of the Statement of R8comm8nd8d Practice for accounting and r8PDrting by charili8s applicable to chaTi1165 preparing their accounts in accordance with the Financial Reportin9 Sland8rd applicable in the UK and Republic of Iraland IFRS 1021. I have no ¢onGems and havg come across no other matters in Gonnedion with the examination to which attenllon should be drawn in this report in ord8r to gnabl8 8 proper understanding of the accounts to b8 reached. Th16 report is made sol&ly lo the Company's Truslees, as a body, in accordance with Part 4 of the Charities (Accourils and Reports) Reyulationg 2008. My Work hag been undertaken 80 that I might state lo the Compan18 TNslee5 thosè mattèrs l am required lo slal8 lo them In an IndÈp8ndenl éxaminer's repc)rt and for no other purpose. To the fullest extent permilled by law, I do not accept or assume responsibility to anyone other thon the Company and the Company's Trustees as a body. for my work or for this report. Signed.. S lyaroo ACA Barne5 Roffe LLP Chartered Accountants Leytonslone House London E11 1 GA Dated.. 7 February 2025 Page 6
INTEGRITY INTERNATIONAL TRUST IA company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER2023 Restrlcted Unrestrlcted funds funds 2023 2023 Total fund5 2023 Total funds 2022 Note Income from: Donations and legaeies 2.038 43,126 48.164 37.084 Total Sncome 2,038 43,126 45.164 37,084 Expendlture on: Charitsble adlvllies 21,478 21.478 11,349 Total exp9ndlturo 21,478 21.478 11.349 Ngt Income and net movement In funds 2,038 21,648 23,686 25, 735 Reconclllatlon of fund$: Total funtls brought forward Nel mcvement in fund6 37,760 2,038 110.6161 21,648 27,144 23,686 1.409 25, 735 Total fundB carrlèd forward 39.798 11,032 50,830 27, 144 Thg Statement of Finanelal AcllvSlles Includes 811 g8ins and losses recognised in the year. The note8 on pages 9 to 15 form part of th@se financlal slalemenl$, Page 7
INTEGRITY INTERNATIONAL TRUST IA company limited by guarante81 REGISTERED NUMBER: 11121606 BALANCE SHEET AS AT31 DECEMBER 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 775 S7.853 932 33,341 58,628 34,273 Credilor8'. amounts falllng due wllhin one year 10 17.7981 {7, 129) Net current assets $0,830 27, 144 Total a¥¥8ts1o98 current Ilabllltle9 50,830 27, 144 Total net assets 50,830 27, t44 Charlty lund8 Reslricled funds Unrèslricled funds 39,798 11,032 37,760 (70, S16) Total funds 50.830 2T, 144 The Company was enlillgd to exemption from audit under $8clion 477 of the CompanSe8 Act 2006. The member8 have not required the comp8ny to obtain an audit for thg yoar in qu95tion in accordance with section 476 of Companles Act 2006. The Trustees acknowledgg their responsibilities for complying with the requlremenls of the Act with re8pect to accounting records and proparalion of financial statements. The finanGial slalemenls have been prepared in accordance w5th the prov181ons applicable to enlilies subjgct to the small companies r8gime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. T S Matharu Date.. D? loL Izo2 The nol8s on pages 9 to 15 form part of these financial slatemenls. Page 8
INTEGRITY INTERNATIONAL TRUST IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General Informatlon Inlegrily International Trust I'the Company") is a private company limited by guarantee, ineorptsralèd In England and Wale5. The Company's registered offlce is 10 Queen Street Place, London EC4R 1 BE. Accountln9 pollcles 2.1 Basls of preparatlon of flnanclal statement$ The financial statements have been prepared in accordancè with the Charities SORP IFRS 1021 Aceounting and Reporting by Charities.. sl8lem8nl of R8commended Practlce 8pplicabl& lo chafilie8 preparing their accounts in accordance with the Finoncial Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financlal Reporting Standard applicable in tho UK and Republlc of Irgland IFRS 1021 and the Companies Act 2006. Inlegrty International Trust mee18 tho defbnltion of a public bengfil entity under FRS 102. Assets and liabilities arè Ini118lly recognlsed at hlsloric81 co81 or transaction value unless olherwise slated in the relevant accounllng pollGy, 2.2 Income All Income l¥ recognised once the Company has enlillemenl to Ihg incom8, il is probablè that the incom8 will b6 reeÈlved and the amount of Income receivable can be measured relbably. 2.3 Expendllur• Exp8ndilur& is recognlsed once there18 a legal or conslruclive obligation lo Iransfef economic benefit to a third pgrty, il 1$ probable that a transfer of economlc benefits will be requir8d in 58ttlemenl and the amount of the obligation can b8 maasured reliably. Expenditure is cla86ified by activity. The costs of each activity ar6 made up of the lolal of direct costs and shared costs, including support costs Involved In und&rtaklng each aclivrty. Direct costs allributable to a single activty are allocated directly lo that artivty. Shared costs whlch contrlbule lo more than one activity and support ctssls which are not attributable to a singl@ activity ar8 apportioned beeen those 8clivilies on a basi8 consislenl wilh the use of resources. Central staff costs ore allo¢gled on the basis of Ilme spent, and depreciatlon charges allocated on the portion of the asset's use. Expenditur8 on charitabl& activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associoled support cost5. Grants payable are charged in the year when the offer Is made except in thos8 eases wh8r6 thè offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subjed to conditions which have not been met at the year end are noted 8s a commitment, bul not accrued as expenditure. All 8xpendilure is inclusive of Irrecoverable VAT. 2.4 Debtors Trade and other debtors are recognised al the settlement amount after any trade discount offered. Prepaymenls are valued 01 the any)unt prepaid nel of any trade discounts due. Pag8 9
INTEGRITY INTERNATIONAL TRUST IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AGGountlng policies Icontinuèdl 2.5 Cash at bank and in hand Cash al bank and in hand includes cash and short48rm highly liquid inv8slménl$ wllh a short malurlty of three months or less from the dale of acqulsilion ar opening of the deposit or similar a¢unt. 2.6 Llabllltles and prov151ons Liabilities are recognlsed when Ihere18 an obli9alion at the Balance sheet dale as a resull of a past event, il is probable that a transfer of economlc benefit will be required In settlem8nt, and the amount of the settlement Can be e511maled reliably. Llabllllles are recognlseil at the amount that the Company anllclpate5 r( wlll pay lo ¥ettle the debt or the amount il h88 received a8 advanced p8ymenls for the goods or services il musl provide. Provlslons are measured al lh9 best 8stim8te of th8 amounts roquired lo sellle the obllgallon. Where the èffect of the lime value of money is material, the provision is based on the pre$enl value of those amount8, discounted al the p-tsx dlscounl rate Ihal r8flecls th8 risks specific lo the liability. The unwinding of the dls¢ount Is recognised in the Statement of financlal activities as a fingn¢8 cost. 2.7 Flnanclal Instruments The Company only ha8 financial assets and financlal Ilabilllles of a kind that quolify a8 basic flnanclal Inslrurngnls. Basic financial instruments ar6 InS1ially recognised al transaction value and 8ubsequ8nlly measured al their settlement value wllh th¢ oxceplion of bank loans which are subsequently measured 81 amDrtised cost using the effective interest method. 2.8 Fund accountlng General funds are unr8slricl8d funds which are avallable for use al the discretion of the Truste88 in furtherance of the 9en&ral obj&clives of the Company and which have not been designated for other purpose8. R8slricl6d funds are funds whlch are lo be used In accordance wllh specrfic restriction8 imposed by donors or which have bgen raised by the Company for parti¢ulgr purposes. The costs of raisin9 and administering such funds are charged ag8insl the specific fund. The aim and use of each restried fund is set out in the notes lo the financial slalements. Income from donatlons and legacles Restricted Unrestrieted funds funds 2023 2023 Total funds 2023 Donations 2,038 43.126 45,164 Page 10
INTEGRITY INTERNATIONAL TRUST {A Gompany limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2023 InGome from donations and legacles Icontlnuedl ReslriGted Unfftslricted funds funds 2022 2022 Total funds 2022 Donation8 35,781 1,303 37,084 Analy$l$ of grants Grant8 to Instltut5on$ 2023 Total funds 2023 Gran18, Oracle Cancer Trust Grants, Women'8 Space Ergon 6.995 e.390 6,996 6,390 13,385 13,385 Granls lo Institutions 2022 Total funds 2022 Grants, Oraele Cancer Trust 1.303 1,303 Page11
INTEGRITY INTERNATIONAL TRUST IA cornpany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expendlture on charitable activitigs Summary by fund type Unrèstrlctad fund5 2023 Total 2023 Governance costs Oracle Gan¢gr Trust Womgn's Space Ergon 8,093 6,995 6,390 8,093 6,995 6,390 21.478 21,478 Restrfcled Unr8slri¢lad funds lunds 2022 2022 Tot81 2022 Governance cost8 Oracle Cancer Trust 10,046 10,046 1,303 1,303 1,303 10,046 11,349 Analysls of •xp8ndlturè by actlvltle$ Grant fundlng of actlvltles 2023 Support osts Total funds 2023 2023 Governanc8 COStg Oracle Can¢er Trust Women's Space Ergon 8,093 8,093 6,995 6.390 6,995 6.390 13.385 8,093 21.478 Page 12
INTEGRITY INTERNATIONAL TRUST IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysls of expendlture by actlvities Icontinuedl Granl fundlng of aclivitAeS Support costs 2022 Total funds 2022 2022 Govemance co$1$ Oracle Cancer Trust 10.046 10.046 1.303 1,303 1,303 10,046 11,349 Independont •X8mln•Vs remuneratlon 2023 2022 Fee8 payable lo the Compon¥s independent examin8r for the indèpendanl examlnatlon of the Company's annual accoun18 Fee5 Pay9blg lo Ihg Companls Independent examiner in respect of.. All taxation advlsory services not in¢lud¢d abovo All olhei services not included above 1,600 1,540 1.100 865 1,050 825 Tru&tè8s' remuneratlon and expenses Durlng the yoar, no Tfustegs received any remuneration or other benefits {2022- £NIL). Durlng the year ended 31 December 2023, no Trustee expanses have b88n ineurrèd (2022- £NIL). Debtors 2023 2022 Olh9r debtors Prepayments and ac¢rued income 227 705 776 775 932 Page13
INTEGRITY INTERNATIONAL TRUST IA company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 10. Credllors: Amounts falling due within one year 2023 2022 Trade Greditors Accruals and deferred income 4,698 3,100 4,029 3,100 7,798 7, 129 11. Summary offunds Summary of fund8 . current year Balan¢e at 31 D•cèmbèr 2023 Balance at 1 January 2023 Income exp•ndlturfr General funds Restricted funds {10,6161 37,760 43,126 2,038 121,4781 11.032 39,798 27,144 45.164 121,4781 50,830 8ummary of fundg- prlory&ar Balance at 31 DgGgmbgr Balance 81 1 January 2022 Incomg Expenditure 2022 General funds Restricted funds (1,873) 3,282 1,303 35,781 (qO,046) {1,303) flO,616J 37, 760 1,409 37,084 (If,349) 27. 144 Page 14
INTEGRITY INTERNATIONAL TRUST {A company1Smited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. Analysls of net assets between funds Analysis of net a5S@ts between funds- current year RestriGted Unrestricted funds funds 2023 2023 Total funds 2023 Current asse18 Creditors due wilhin one year 39,798 18,830 {7.7981 58,628 17,7981 Total 39.798 11,032 60,830 Analys18 of nat assets between funds - prlor year Reslrfcled Unrestricted funds fvnds 2022 2022 Total lunds 2022 Current assets Creditors due within one year 37,760 (3,48T) (7, 129) 34,273 17, 129) Total 37,T60 (10, 616) 27, 144 Page 15