Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Company registration number: 11622376 Charity registration numb&r.' 1181822 Migrant Offshore Aid Station (MOAS) UK IA u)mpany limiled ty guarantee) Annual Report and Finanoal Stslements for the Year Ended 31 October 2024
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Contents Reference and Administrative Details Trustees. Report 2105 Slalement of Trusle8s' Responsibilities Independent Examinerfs Report Statement of Finanaal Activities Balance Sheet Notes to the Fin8nryal Stslements 10t016
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Reference and Administrative Details Charty Registration Number 1181822 Company Reglstration Number 11622376 The charity is Inry)rated in EnglarHI. Caenter Court 1 Maple Road Bramhall Stockport Cheshire SK7 2DH Registered Office Indopendant Examiner FranS Clark LLP Melville Building East Unit 18, 23 Royal William Yard Plymouth PL1 3GW Solicrtor$.' Russell-cooke Soliulors 2 Pulney Hill London SW15 6AB Page 1
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Trustees, Report The Irvslees. who are ¢Jirectors for the purposes of company law. present the annual report together wrth the financial statements and auditors. report of the charitable company for the year ended 31 October 2024. The financial ststemenls have been prepared rn accordance wth the 8coyJnting policies set out in note 1 to the accounts and comply with the Charitys Memorandum and Articles of Association. the Chanlies Act 2011 and Accounting and Reporting by Charib'es.. Statement of Recommended Practice ISORPI applicable lo charib'es paring thr accounts in accordance with the Financial Reporting Standard applicable in the UK and RepublÉc of Ireland second edition - èffective January 2019. Trusto8s and officers The trustees and officers 5ervillg during the year arKI Sin the year end were as follows: Trustee5.' Peter Hinchlrfle Susan Hinchltffe Regina Egle Liotta (resigned 12 June 20241 Christopher CalrafflLN)ng {reSned 12 June 20241 Objectives and actlvtti•$ Objects and alms The tharitable objects of MOASIUKI a sol otlt in the Articles of A$iation.. To save the 14ves of. and relieve the 5i¢kness and other suffering of migrants. refvgees and others who are displaced or adversely affected by armed conflicL natural disaster or other hLtmanitarian crisis anywhere in the wodd. Objectives, strategi•s and aclivitiès MOASIUKI is an independent UK regislered ¢harity but it is worth noting that the Malta based charity, MOAS. with whom we work closely. lebrated rts 10th anniversary in 2024. Since its ¢atIOn in 2014, MOAS has saved over 200.000 lives from sea rescues in the Mediterranean and Aegean Sea lo the provision of aKJ in conflict zones like SLHJan. Yemen, Somalia an(J Ukraine. Pw2
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Trustees, Report Ukraine Mission The main locus for MOAS{UK} in 2024 was the continualion of the vital medical mission in Ukraine. This is now overwhelmingly dedicated lo the evacualion of ¢riti¢8lly injured soldiers from the front line and providing life-saving medical care. Since the start of the full-5cale invasion. IrtOAS has eva¢ualed over 63.000 patients using its fleet of 50 ambulances and 150 Ukrainian doGtors, nurses and drivers. The Ukraine mission is based arcmjnd the fleel of emergency response vehicles wth different speciftcaknons and ¢apacibes, indtlding mobile medical team base units. critical care transport vehi¢les. secure resupply arhd logistics vehides and personnel deployment vehicles. The vehicles are equipped with portable medical Supplies, stocks of pharMaUb"caIS state of the art equipment that allows the teams lo provide both basic and advanced life supwrt. advanced clinical interventions. transport and triage. as well as some more expanded crits'cal care medical intervenbons as and when needed. Each vehicle is manned by N¥0 licensed mediral personnel and a local driverlcullural mgdiator. As rnany patients as possible are triaged. Iated and leaSed in the field, but the most ¢rili¢al and high-risk cases are then tran5POrted by MOAS leains Iri critical Gare transport vehi¢les lo higher echelons of Care, away from the front lines. for surgery and further inlervenlion. In August 2024, one of MOAS'S fronuino bases in eastem Ukraine was struck by a Russian attack. narrowly missing the 19 medics and personnel inside. The blast caused signfficant damage. induding a fire that deslroyed cribcal medical equipment. as well as darnaging two ol MOAS'S ambulances. Al st8ff 50ughl safety in the shelter and only sustained minor injuries from flying debri5_ This marked the first time MOAS w85 directly hit during rt5 2.5 years of ¢¥)erats"ons near the fronuine. The Tole of MOASIUKI during this period has been the processing of donations received primarily from USA and UK in order to support Ule Ukraine mission. MOASIUKI is kept up to date with the mission through regular contact with the MOAS Head of the Ukraine mission based in Kiev and MOAS in Malta. Unfortunately, the lif&saving mission in Ukraine is faang a fvnding crisis as donor sources run dry. The operation costs around $1 millk)n pèr monlh unless new sources of funding can be found quickly the mission %wll bo dosed down. This does not affect the financial viability of the other Charitable work. Yémgn Somalia ènd Sudan The need for humanitarian aid deliveries lo oUr l¥oubled part5 of the Wodd has certainly not diminished and nutritional aKI has been sent to Somalia and Sudan. Thi5 Was supplemented by medical aid parcels lo Sudan. Tralnlng and Dlsaster Rlsk Reductlon MOAS remains committgd to Resilien¢8-btAilding and Disaster Risk Reduction for vulnerable mmuniti$s, such as refugees. wodthvide. MOAS provides (xjnsultsncy services. to¢hni¢al advice and specific equipment which assist local partners respond to the issues posed by water and fire in refugee camps worfthide. MOAS provides technicAI advice lo volunlegts in refugee camps and nearby hostcommunities. The training prepares volunteers lo lace emergency situats.ons proper ppafation and response. Mofe than 3,000 volunteers have been provided training and technal advice on fire and water safety. All this is done with the support of inlernabonal organisations on the ground arKI in collaboratson with local partners. Page 3
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Trustees, Report Advocacy MOAS is mindful that ¢hanges in the earth's Glimate provide a driving lor¢e for the displacement of ornmunitie5 and fflwJration in search of foo(J water. MOAS uses ils social media plaffom)s to educate on the realities of dimale driven refugees and to highlight the need for policy solutions. Public benefit The trustees confirm that they have complied with Ihe wuirements of 5ects.on 17 of the Chanlies Act 2011 to have due regard to the public benefit guidance published by the Charity Cornfflission for England and Was. MOAS{UKI trustees have paid due regard lo the 'publi¢ benefit. as 9Uitled by the Charity Commission and the MOAS life-saving mission in Ukraine and famine relief missions are ewdence of this. Financlal reeW Nel expenditure for the year was £218,525 12023.. nel InMe £221,140). with nel expenditure of £184,141 12023.. net income £183,889) on unrestricted funds and nel expenditure of £34.384 12023.. net income £37,251) on restricied funds_ The balance held in unrestricted funds at 31 October 2024 was £95.90312023.. £280.0441. ol which £88.500 is designated for particular purposes and £7,403 is freely available. The balance held in restn.cted funds al the year end was £20.00012023." £54.3841. Policy on re5eThe5 The trustees aim lo maintain free reserve5 al a level which equates lo approximately thrèe months. of unrestricted expendilure. At the year end free reserves were £7.403 which equates lo around 51X month's unrestricted expendibjre based on the last financial year. The charity is meeting its re5eNes policy. Structure. governance and management Nature of governing docUnnI Migrant Offshore Station IMOAS IUKI is a charitable company limited by guarantee and governed by its Memorandum ol AsSatson dated 12 Oclober 2018. as amended on 15 March 2024 and 12 June 2024. The Iruslees recognise that good 9)vernan is critical lo the success of the carity and conts.nue to adopt the Charity Govemance CcJe. Tnjstees are appointed by members for a tom) of up to three years. they are eligible for re-appointment rf the member5 think fit for a further term of up to three years each. A trustee May serye a maximum of nine years in tolal, in exceptional circumstanS a trustee may be re-appointed for an additional lemi of up to one frJrth8r ytyar. The charity acts as an agenl fw MOAS Malta, a Maltese registered inteMatnal humanitarian organis81ion 8nd through which all field OperatnS are carried out. ceivIng fvnds 8nd processing payments as required. The tnjstees are mindful of the fact that the charity is indeperldent of the Malta organisalion and must ensure Ihat all d8SionS are takan independenuy and in acc£Jrdance wth UK regulations. Pag8 4
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Trustees, Report Risk managament The iTuslees have carried out a review to identify the major risks lo which the charity is exposed and confirm thal policies in place are sufficient lo mlts'gate risk. Golng ¢on¢ern The trustees have a reasonable expectation that the charity has adequate reSoUS lo continue in operational exislence for al least the next 12 months. For ihis reason, they continue to adopt the going concem basis in preparing the financial ststements. The annual report was approved by the tru51ees of the charity on Oi behalf by. ¢+1 Is and signed on ils Peter Hinchliffe Trustee Susan Hinchliffe TTuslee P*38 5
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station {MOAS) UK Statement of Trustees, Responsibilities The trustees (who are also the dire¢lots of Migrant Offshore Aid Station {MOASI UK for the purposes of wmpany lawl are responsible for preparing the tntsstees. report and the financial statements in accordance with applicable law and United Kingdoffl Accounting Stsndards Iuniled Kingdom Generally Accepted Accounb"rvJ Practi1, including FRS 102 'The Financial Repon9 Standard applicable in the UK and Republic of Irelan¢Y. Company law requtres the trustees lo prepare finanual stalemenls for ea¢h financial year. Under company law the trustees musl not approve the financial statements unless they are satssfied that they givè a true and fair view of the stale of affairs of the charitable company and of the incoming resources and applicatbon of resources. including its income ar expenditure, of the charitable cornpany for that period. In preparing these finanaal statements, the Irustees are required lo.. select suitable accounting pdicies and 3Y them consislenty. observe the methods and principles in the Charities SORP: make judgemen15 arkd estimate5 that are reasonable and prudent.. state whether applicable a¢¢ounting stsndards, comprising FRS 102 have tjeen followed. subject lo any material departures disc105ed and explai10 in the finanual statem&nts," and prepare the financial siatemenis on the going conrn basis unless tt 15 inappropriate lo psume that the charitable company VAII continue in business. The Iruslee5 are responsible for keeping proper accounting rewrds that can disclose wtth reasonable accuracy al any time the financial position of the charitable company and enable them lo ensure that the financial statements comply the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and dgteclion of fraud and other irregularibes. The Iruslees are reSponsie for the Maintenance ar integrity of the corporate and financial information included on the charitable companls website. Legislation goveming the preparation and dissemination of financial stat&ments may drfter from legislation in other jurisdictions. Approved by the twslees of the charity on ..... t¥ and signed on its behalf by. Peter Hinchirffe Trustee Sus8n Hinchltffe Trustee Pw6
Docusign EnvÈlope ID." 32C5878>9FDC47FM8E14127092C9452 Migrant Offshore Aid Station (MOAS) UK Independent Examiner's Report to the trustees of Migrant Offshore Aid Station (MOAS) UK ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. Responsibllitles and basls of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515}Ibl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection wth the examination giving me cause to believe= 1. accounting records were not kept in respect of Migrant Offshore Aid Ststion {MOAS} UK as required by section 386 of the 2006 Act., or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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- or 4. the accounts have not been prepared in accordance with Ihe methods and principles of the Statement of Recommended Practi for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordan wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)1- I have no concems and have come auoss no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Swd by.. D&B5422WI....... Duncan Leslie FCA Institute of Chartered Accountants in England and Wales Melville Building East Unit 18, 23 Royal William Yard Plymouth PL13GW Date.. 22 July 2025 Page 7
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Statement of Financial Activities for the Year Ended 31 October 2024 (Including Income and Expenditure Account and Statement of Totsl Recognised Gains and Losses) Vnrostrict8d lunds Rostricted funds Total 2024 Income and Endowments from". Donations and legacie5 89.975 98,280 188.255 Total income 89.975 98.280 188.255 Expendlture on: Charitable actsvities 274.116} 132,6641 1406.7801 Total expenditure 274,116) 132,6641 1406,7801 Net expenditure 184,141 34,3841 218.5251 Net movement in fund5 1184.141} 134,3841 {218.5251 Ro¢on¢iliation of funds Total funds brought forward 280.044 334,428 Total funds carried forward 10 95.903 20.000 115.903 Unrestrlcted funds R8strlcted funds Total 2023 Note Income and Endowments from: Donations and legaaes Total incofflè 302.021 361,331 663,352 302,021 361,331 663,352 Exp¢ndltur• on: Charitable acbvities 118.132 324,080 442,212 Total expenditure 118.132} 324,0801 442,2121 Nel income 183,889 37.251 221,140 Net movement in funds 183.889 37,251 221.140 Reeonclliation of funds Tot81 funds brought forward 96,155 17.133 113,288 Totsl fund5 caffled forward 10 280,044 54,384 334,428 l of the charity's actNities derive conbnuiNJ operations during the above ts¥o periods. The ftjnds breakdown for 2024 and 2023 is shown in nots 10. The notes on pages 10 10 16 form an integral part of these finan(i statements. Page 8
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK (Registration number: 11622376) Balance Sheet as at 31 October 2024 2024 2023 Note Current assets Cash at bank and in hand 131.003 558,693 Creditors- Amounts falling due within one year 15,100 224,2651 Net assets 115.903 334,428 Funds of the charlty: Restrict8d incomo funds Restricted fijnds 10 20.CQO 54,384 Unrnstrfctod Incom• funds General funds Designated fund5 7.403 88.500 35,520 244,524 Totsl unrestri¢led funds 95,903 280,044 Total funds 10 115.903 334.428 Foi the finarrial year ending 31 October 2024 the tharity wa5 enkn.ljed lo exempts.on from audit under section 477 of the Companies Acl 2006 relang to small companies. Directors. responsibilthes: The member5 have not required Ihe charity to obtain an audrt of its aCcnIS for the year in questson in accordance with section 476,. and The directors a¢knowledge their responsibilities for comply7ng with the requirements of the Act th respect lo accounts.ng records and the preparation of a¢¢ounts. The financial statements on pages 8 lo 16 were approved by the trustees, and aulhorise¢J for issue on ..l*.s and sned on their behalf by: Peter Hinchlrffe Trustee Susan Hinchltffe Trustee The Th)ies on pages 10 to 16 fonn an Int81 part of these finanryal statements. Page 9
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 1 Charlty status The charity is limiled by guarantee, incorporated in England. and consequendy does not have share capital. Each of the trustees is liable to contribute an amwnt not exceeding £1 towards the assets of the charity in the event of liqUation. The addre55 of ils registered office is= Carpenter Court 1 Maple Road Bramhall Slo¢kport Cheshire SK7 2DH 2 Accounting policiés Summary of slgnlfi¢ant a¢¢ounting poli¢i•$ and key a¢¢ounting estimates The principal accounting policies applied in the preparation of these finanoal statements are sel out below. These pM)licies have consislendy applied lo the years presented. unless otherwise stated. Statement of compliance The financial statements have been pr8pared in accordance with Accounting and Reporting by Charitigs.. StalerTTrenl of Recommended Practice {applicable lo charits.es preparing their accounts in accordance wrth the Financial Reporb"ng Standard applicable in the UK and Republic of Ireland IFRS 10211 leffecbve January 20191 Icharities SORP {FRS 102)), the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Basis of preparation Migrant Offshore Stslion IMOASI UK meets the ijefinilion of a public benefit entity under FRS 102. Assets and liabilib.es 8re inrtialty recogni5ed 31 histon.cal cost or transaction value unless otherwise staled in the relevant accounts.ng policy notes. Going ¢on¢ern The trustees consider that there are no malerial uncertainties about the charitys ability to continue as a going concem nor any signfficAnt areas of nrtaInty Ihal affed the Carrn9 value of asseis held by th& charity. Income and èndowments Al income is recognised once the charity has entitlement to the income, il is probable that the income will be received and the amount of the income receivable can be measured reliably. Page 10
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station {MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 Donations and lega¢ies Donations are recognis8d when the charity has been notified in writing of both th8 amount and settlement dale. In the event that a donation is SLtbje¢l lo ndIttOnS that require a level of perfomance by the charity before the charity is entrtled to the funds, the income is deferred and not recognised untsl either those conditions are fully mel. or the fuifilmenl of those conditions is wholly within the control of the chafity and it is probable that these conditions will be fvlfilled in the repotting period. Expenditure l expenditu is recognised once there is a legal or constructivtr obligatiofi to that 8xpenditur8, 11 is probable 5etUemenl 15 required and the arnounl can be measured reliably. All costs are allocated lo the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly atiTibuted to particular headirwjs they have been allocated on a basis consistent with the use of resources. Charftabl8 actlvltles Charitable 8xp8nditure comprises those Costs intxjrred by th8 charity in the delivery of its activitiès and seNices for its b8neficiari8s. It indudes both ¢051s that Can be allated diredly to such activities an¢J those costs of an indirect na[e necessary 10 5UPPOrt them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis consislenl with the use of resources. Gov•man¢¢ ¢ost$ These include the costs attributable to the charitys compliance constitutional and slatulory requirements, induding independent examinati. strateglc management and tnjstees. meetings and r¢imbursed eXnseS. Taxation Thè ¢harity is wnsidered lo pas5 the le51s sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK cofporalion tax purposes. Accordingly, the chanty is polentially exempt from taxation in respect of income Of capital gains received within categories covered by Chapter 3 Part 11 of th8 Corporaty'on Tax Act 2010 or S8ction 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively lo charitable purposes. Fund structur• Unrestricted income fijnds are general funds that are available for use al the trustees. discretion in furtherance of the obj'ectives of th8 charity. Designated fiJnd5 are uns1Cted (unds set asvje for specific purposes al the discretion of the Iruslees. Restricted income funds aro those donated for use in a particular area for specific purrx>ses, the use of which is Teslrbcled lo that area or purp)5e. Pag8 11
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 Financial Instrum•nts Classification Th8 charity h¢Yds the followng finanu* instruments.. short lemi other ¢reditors cash and bank balances AJI financial instuments are dassffied as basic. R8cognltlon and measurement The charity has chosen to apply the reCni11(l and measurement principles in FRS102. Financial instnjmenls a cOgnised when the tharity be¢omes paty lo the contractural provisions ol the instumenl and dorecognilion when in the case of the assets. the contractural right5 to cash flows fro the assets expire or subslanth.ally all the risks and reward5 of ownership are transferred lo another party. OT ill the case of liabilrties, wthen the charity5 Ota"0nS are discharged. expire or are cancelled. 3 Incom• from donation$ and l¢ga¢l¢s Unr•$trl¢tsd funds Designated Gen¢ral Restrlcted funds Total 2024 Total 2023 Donations and18gacies'. Donations from individuals 1.475 98,280 188.255 663.352 88.500 1.475 98,280 188.255 663,352 The income from donatK)ns and legacies was £188.255 12023-. £663,352) of which £1,475 12023.. £2,021> was Unstricted. £88.5(K> was designated 12023". £300.0001 and £98.280 {2023- £361,331> Was reslricteil for Ukraine Mission. Page 12
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station {MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 4 Expenditure on charltsble activities Activity undertaken directly Activity support costs 2024 2023 MOAS Malta Ukraine Mission ¢onlraclors MOAS Malta Vehicle purchase MOAS Malla staff costs in Bangladesh and Malta Shipment ot food aid lo Yemen Bank charges Sundry costs Govemance costs 368.886 368.886 250.758 73,323 23,125 23,125 103,627 9,557 133 89 4,725 513 13.656 513 13,656 392.011 14,769 406,780 442.212 The expenditure on charitable aCtiveS was £406.780 12023.. £442.2121 of which £14,769 {2023'. £118.1321 was unrestricted, £259.347 12023= £nill was designated and £132.664 12023.. £324,080> was restricted. 5 Analysis of gov8man¢e and support costs Govèmance costs Unrestricted funds General Total 2024 Total 2023 Independent examiner fees Examination of the financial statements Legal fees 5.100 8,556 5,100 8,556 4,725 13.656 13,656 4,725 6 Net loutgoingl 15ncomlng resour¢es Nel loutgoingyin¢oming resources for the year indude-. 2024 2023 Independent examiner fees 5.100 4,725 Page13
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station {MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 7 Tru5tee5' remuneration and expen5e$ No trustees, nor any persons connected vth them. have received any rernuner8tn from the charity during the year. No Iruslees have receNed any reimbursed expenses or any other benefits from the charity during the year. 8 Taxation The charity is a registered charity and is therefore exempl Irom taxats'on. 9 Creditors.. amounts falling dua within one year 2024 2023 Amounts due to MOAS Accruals 219.540 4,725 15.100 15.100 224.265 10 Funds Balance at Balanca at 31 O¢tober 2024 November 2023 In¢omlng Resources resources expended Transfer5 Unrestrlcted funds General Unreslricled funds 35.520 1,475 114,7691 114,8231 7,403 Designated Designated funds 244,524 88,5(M) 259,347 14,823 88,500 Total unr•strl¢tod funds 280.044 89.975 {274.1161 95,903 Rastrict8d funds Ukraine Missi 54,384 132,6641 20,000 Total fvnds 334.428 188.255 406,780 115,903 Paje 14
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 Unrestricted designat funds These funds are designated to cover Ihe fvlure njnning costs of the MOAS Malta offi. Restricted funds Ukralne Mission During the year the charity reiVed gen8ral dOnatiS of £98,280 for aid purposes in Ukraine, adding to th8 balance brought loA¥ard of £54.384 from the previous year. A total of £132.664 has been spent in the year lo provide protective equipment, management teams, shipping costs and bank charges. The balance of £20.000 will be carried loward for use in future years. Balance at 1 November 2022 Incoming rnsources Resources Balance at 31 axpended October 2023 Unr•strl¢t•d fund$ General Unrestricted funds 38.447 2,021 14,9481 35,520 Designated Designated funds 57.708 113,184 244,524 Total unrestrlctsd funds 96,155 302.021 1118,1321 280,044 Rastrict Ukraine Mission 17.133 361.331 (324.0801 54,384 Total funds 113.288 442,212 334.428 11 Analysls of net a$ts between funds Total fund$ Restricted at 31 October funds 2024 Unrestricted funds Gen•ral Designated Current assets Currènt liabilitses 12,503 5,1001 30,000 110,000 131.003 115,100 Total net as581s 7,403 88,500 20,000 115.903 Total funds R•stricted at 31 October fvnd$ 2023 Unrnstrictod funds G•n¢ral D•$lgnatèd Current assets Current liabilib'es 259.785 224,265 244.524 558,693 224,265 Total nel assets 35.520 244,524 334,428 Page15
Docusign Envelope ID." 32C5B785-9FDC47FEl41?7092C94s? Migrant Offshore Aid Station (MOAS) UK Notes to the Financial Statements for the Year Ended 31 October 2024 12 Related party transactlons During the year the Charity made Ihe followng related party Iransaclions= MOAS Mafta IMOAS Malta is an inlemational humanitarian organisation. registered in Malta and founded by Chrislopher Catrambone and Regina Egle Liotta. who were also trustees of MOAS IUKI until 12 June 20241 MOAS {UKI work in llabOratiOn wth MOAS Matta carrying out field work in the main areas of operation. Ukraine Mission During the year MOAS IUK) actsd as an agent for MOAS Matta. payments of £118.816 were made lo contractors in the medical teams together wth pLtrGhases of medical and support equipment. The operational support itself was provided by MOAS in Malta. These are further explained in the TnEsteès' Annual Report and not6 13 to the accounts. At the balance sheet date the amount due lolfrom lo MOAS Malta was £Nil12023 - £219.5401. P & S Hinchliff8 Ltd IP & S Hinchliffe Ltd, a company controlled by Peter Hinchliffe and Susan Hinchliffe has a contract for management services wth MOAS Malta. During the year £24,0(M) 12023: £24.0001 was paid in connèction accountancy. administrab.on an¢J compliance services. There were no Iransactions with MOAS IUKI.) At the balance sheet dale the amount due lofftom P & S Hinchliffe Ltd was £Nil (2023 - £Nill. 13 Agency arrangements The charily distn'butes aid funds as an agent for MOAS Malta. Al the 31 October 2023 a balan of £219,540 was outstanding and included in ¢reilitors. During the year ended 31 Octob81 2024 this balance wa5 fully disbursed and balance5 were outstanding al the year end. Pag8 16