ChaTilj rtgi5trntioM nuThber 1184661
C•mpawi number 11432700 (Englind Wales)
GLOBAL ALLIANCE OF IMPACT NETWORKS
ANNL1AL REPORT AND UNAI1DITED FINANCI.4L ST.4TEI¥IENTS
FOR THE YEAR £NDED.W JIINE 2024

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
LEGAL AND ADMINISTRATIVE Ih'FORM.4TION
Trustee5
Nain3 subbcrwal
Chxrit). number
1184661
CompA Th>. Trumber
114327(A
ReglJ¢ereil ortlce
Quadr•iit Houx- n(y>i O
4 Thom*s More S4uare
London
Elw IYW
David All￿M FCCA
UHY HackeT Young
Quadr4ni Hous¢
4 ThottHs fvIoTe SquatE
London
EIWIYW
Bllnker5
HSBC Bank PIC
CThurch Sirter
crt>iidgc
Surrey
KTII SDF

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
CONTENTS
Page
Trustees, report
Indepetyjeni examirtels rewrt
Sialetnenlol-till3DC)al aclivili¢s
Balance sheet
Noies 10 Ihe fJt*ttcial sthiemerts
7- 11

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
TRUSTEES. REPORT {INCLUDIP4G DIREcfoRS' REPORT)
FOR THE YEAR EP4DED 30 JUYE 2024
Thc InJ%rets prc8cni iheir annual and financial sthiemenL% forih¢ yeartndcd 30June 2024.
The financial slalejnenls haTr¢ prepmrd in accgTd3nce wilh ihe accouniing rrt)licies set oul in not¢ I to th¢
fina￿Lia1 siai¢lli¢E)1s a￿1 Lompl> ￿.1¢h thr ihariiv's bioierninbl IJ￿Um¢nl. th¢ Comp8Trits ALI 2006 and"Ai¢vuiiiin¥
and Reporiing hy Cb*iies'. S121emeni ol Re¢omm•)ded Praciiee applicab￿ 10 ¢hanieS prepari￿￿ Their accounis in
aLL￿rdance ￿"ith the Financial Re￿rring Srdndard appliLdble in the UK Republic of I[El￿]d IFRS 1021"
Objetlivts *ttivitie$
Cjlobal Alliancc of In4)a¢i N¢DVO￿S {"CJAIN-l is a non-gth'cmmcnt owdniviiot) inco4xNxicd on 25 Junc 21118 and
it is Worki￿ on prornL)tiiig the %oluntary seitOT for fv public t￿er11 by suppM>ning Jtsl pron]OtillL the dewelopmeTrt
of s(Kial inlcsrtmmr lor Ih¢sL pwtX)$L￿.
Vision is io-.
Ass'ibt in creatin¥ a diveraT tnarketP￿L-e for aLtessinbT hutnan. fi￿￿lia1 and intelleit￿l Ldpital fur non-profits
¥nd social enterprise.4 ai 811 si8ges of iheir devdopwii.
Perforrn a Tole Cor Trenture phiiallthrop), ￿hich completneDl5 atkl streiigthens trddiiional forn]s of fundinb
ITOrn loundaiiws gO￿￿MMen1$.
• Be a global OTgalli5alion that wotk& to JDake a 51yificant Jtupllcl i>ll society.
We will do that by..
Prumotin¥ the expansion of ventuie philanthTwlgKI￿ entetprise thioughuut Eurupe. Asia, Africa. Kliddle
and Lgtin America.
Makirta tu vrgranI￿tl0ns.
Providing N'alue add￿ sct¥'i¢CS 8ndorothcr fir￿AnCe lo ¢)rganis&tion5,'
PIuJiJuiUib Vidiijir ktJvwlLMI8¢*h￿It￿ fut all pdtlies 10 ￿ iij Uieit ￿<￿lUj
philanthropy a¢liTrili¢s.'
Prvmoiinbt cvlldburthivn¥bctwe¢ts difftreni playus.
Th¢ tnJ%r¢¢s haN'¢ paid du¢ regard to guidHTrf¢ issued by lh¢ CIKvity Commission in Ikciding wht activiti¢9 the
hdrity shutsld undcrtake.
Achie%"ements and ptrforniaD¢
The e￿tablISh[￿e￿t uf GAIN reptesenled the fortTrali5Jtion of work already in PTOCeSS low2rJs buildinbT tt LTlvbal
movemeni ro increase the tlow ot-ditTereTht t)yes of capityl io address k.ty social thallenges. gnd ihr(wgh greater
co0￿ration dnd kllowledLFe 1rnprv￿e the ijnpaci if the phiianthrupiLsucuI ill>estnient sector. Prior lo the
esrablishrneni ot" fjAtN Ils Board Members and Execuiives have pla}'d kej ft)les in ihe dei'elopmenr of lour
tcgyiollal tnetnbetthip L4sociatiun% IILNL4il ID Europe. As1& A￿c￿ and Latin Atncrica. cullectivel}' this represents
Imost I ICXI soiial ini'¢styn¢nl OTganisaiions globally. Th¢s¢ organi5ations are all provid¢rs ol ¢ilh¢r fina￿lia1.
li￿ll￿all. Irii¢lleiLUdl l￿pl1d1 diid InLlud¥ fow￿￿liV￿l. LIlIwldllvj￿ fdlljily vIfJie%. pn)lts%i&KJAI *rviie fJfiiJ%.
£quily ¢onunuTLily, univ¢rsiti¢s ￿ld goiernment relw¢d orgaTusaiions_ Promoting svn¢rgy bel￿.¢¢￿ th¢s¢ dilf¢r¢Tht
<apithl proi'idcr.s r¢1￿$ morc substhniial valw.
Financlal rci.icw
The Inist¢e%' aim i$ 10 fre¢ r&%¢r¥'¢s in Un￿￿1¢[¢d ai a level that u'ill prokide 4iJfficieni fvndq io
coTreT SUPPtsTI and go¥emanLe LY61s fora mirtimum tsf 3 moNhsofowdiiLin. The aiiual level of these reserves ar_lo
June 21114 w3% L?11% 567_

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
TRUSTEES. REPORT {INCLUDIP4G DIREcfoRS' REPORT)(CONTINUEDI
FOR THE YEAR EP4DED 30 JUYE 2024
Thc irn%rets Iia¥'e &8%£sYd th¢ trojor ri.sk8 10 wliicli eharity 15 exTr)sed and are <attsfied thai qy%i¢m% art in place
to miti¥a(e exposure lo the i￿J0T risks.
FuThre pl*ns
In early ?024 Tnisteth deLided Iv place thr operoljons of GAIN hold. it was felt that it's role in sUPPN)rt uf ihe
gion21 rhttworks would b¢ ot"grvt¢r Tralue al a tuture iirne. this position ￿111 b¢ r¢ki¢w¢d at ￿gUlar ini¢rval&
DiscuKsions ha￿¢ beth held with ihe primary donor. In due COU14¢ fund5 held ￿111 be raumed.
Structure. gOVer•an￿ and
CIAIN wa5 Incowpordted on 75 June 2015 and becatne regisleTedLs a charity ￿1th ihe Charity C.otntnission for
rD-land dtml Wales on JO July 019. Ji is al￿rIMble￿￿￿Pthny ]imiied by
uaranitt. with JJO shdre capital ajjd is
gov¢m¢d by irs M¢tnordndutn aTrd Articl¢s of Aswialion dat¢d 25 Jun¢ 2018.
Thc ItuEiccs. whD arc also thc dircctors forthc purp￿ ofcotnwany laii., atKi WIK) scTh'cd duringthc ycarand up to
Ihe 4Jaie of si￿al￿re of the fi￿1a] ¥4er¢'.
Paid Shoemaker
(Resigned 8 Jartuary 20241
Naina SubbevJval
Pablo ()br¢%YO
FraTbk Afflaralo
Robella Bosurgi
Le51ie Johnjton
Maria Siiar
Mi D Millcr
Ste￿.en Serneels
IRtsigned XJJnuary 211.41
(R￿lE￿£d ¥ January )(1•41
Reiigrted 8 J*nuaTh ?0241
Resigyned 8 JdlluaTr 20•41
Re*lbyneJ 8JoniwTV ?0:41
I￿1￿￿£d ScplcmtKr ?11231
Resi8ned 2? September 20231
TTUStccs arc idcntificd and appoinkn4 bv Ihc charity tr￿￿te£S Ihcmscl&cs ard scrvc as long as thcy li'l￿h, arc ablc and
qualify. The Irusitts m¢d or confer frtw¢nily duringthe yeario manage the chariiy.
In wilh Ihe svowemingj ¢kK'iim¢nL Ihere shall b¢ less Ihdn Ipn¢ ai any one Iimt. The di￿10
ho are also Ihe chanty trust￿ aTe nom1311y eleered by ihe membews of the Company in a geDeral meeiing. GAIN
presently has a Both of l Tn]siee.
Èach new tru%tee will receive Jnduction session. ii"heTe they are provided with the baCk￿Und to tlie charity &nd
ils work alld receive guidanLe on thejr role a> a direiiorand irn#ee of Ihe chariiy.
None of tht llvs¢¢¢s has ony ben=ficial int¢r¢st in th¢ iompany. All of the ar¢ ni¢mb¢rs of the company and
guarantcc 10 Conint￿ll £1 In t￿.¢￿,¢¢11 of a winding up.

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
TRUSTEES. REPORT {INCLUDIP4G DIREcfoRS' REPORT)(CONTINUEDI
FOR THE YEAR EP4DED 30 JUYE 2024
StaiemèTht oCtru$toéJ' té4¥on$lbffilldÈs
The Inisi¥es. who dtv also th¥ direliors of Global Allia￿¢ of Networks for the pU￿Se of conipart) law. ar
rcspwsiblc tor prcpgrine th¢ TnlSt¥X￿, Rcp)rt and ihc fit￿n¢1￿] Matcinimis in accord3ncc ￿1th applicablc i9￿J aiwj
UTrit¢d Kin<rdurn ALLOUtitinu Sian(Idrds" IUTriled Kinbdvtn Generdlly Accepted AcLUUlltiTh¥ PraLIILel.
CornpEiny Law requirrs th¢ INs1¢¢5 Iv pr¢pdr¢ fininLial slalrmrmis fvr ￿¢b fi¢wKial year whi¥h gpiNe d Iru¢ fair
iew i)f Ihesmie ol'alTair% nf Ihe Lharirj and nf Ihe intttming and applieaiim Df rewLJrce%. iTKliiding Ihe
Income and exp¢ndiiure, of the d)arir*bk for ye4r.
In preparing these tin&ncig1 ststemenLS. thetllLS1￿ are required LO_.
- sclcct suithhlc ac¢ow)tin8 rMilicic4 and thcn vwty th¢m CQJLSi￿¢n1Iy.
- obseTV¢ the rTKthods and princ¥>les in the Charities SORP;
- make judgemenis atyj estimates that are Ms0T￿ble athd prndeni:
- siaie whether applittble UK Ateourtling Stsndatds hawe (olloweii ￿bjec1 io aThy material departures
disclosed and explained in the financial ￿latements. and
- prcparc financial sts1￿￿entS on thc ¥i*n¥ concm kn%1$ ji is inaN)ropriatr to presume iliat tlic cliarity
will Lontinue in operation.
Tli¢ Irusi¢¢¥ lir¢ rLwiisibl¢ for k¢¢ping thquat¢ ￿￿4￿$ thai IbsLlus¢ w'ith T¢a5()nabl¢ ￿¥Ur*Y ai
lime the iiTk)ncial ￿>81110n of ihe chariti a￿d enable ihem io ell￿re Ilkgl Ihe fi￿￿¢7a1 siaiements Lomply ￿1th Ihe
Cornpaniey Ali 2006. They ar¢ also r¢swnsibl¢ forsafegtuar(Iin& a55rfs of th¢ LhJr¢iJ and b￿Le r()r takin
asonable steps for the PTevention and detLWiOtb of frwd and other irregulariiies.
The tn]%rcc%' rctK>rt apPr￿¢d hy th¢ B03rd of TnLStec
Nahla Svbberw*l
Chairperson
ated.. 24 January 20£5

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
INDEPENDENT ExA￿lIN￿R..$ REPORT
TO THE TRUSTEES OF GLOBAL.4LLIAYCE OF I￿1P.￿CT NETW'ORKS
I re￿rt ro thc tllLSi￿0n my ex*minari(ffi of rhc finarKial %thtcm¢nt% of Global Allia￿¢ of Im￿1 N￿WOrk% Iihe
Lhdriiy) forthe Jear eThded 30 June 2024.
Responslbllltles and basi5 of report
As the tn￿'t¢¢) ot.the iharity land also it> th"r¢clLif5 tor th¢ puwrAJs¢s ofcowy law'lyou ar¢ re5pxisibl¢ tor the
prcparaiion of Ihc fi¢)anci41 sthtcmcthLq ¢11 a¢4bTd•Dc¢ with ihc rwuiTClW)tsof the CDmpanie4 A¢1 21M)fi lih= 2110fi Acil.
HaN'iTbg 5ali￿ried Tnyself that the finaTrcial *aleJnent% of the chariry Tequired ro be audited under Pan 16 of the
21XJ6 Aci a￿1 are ¢ligyibl¢ lor ind¢F¢IKl¢ni uaminaiion. l Tew1 in res[￿[ Lb(Jnv ¢xaThination of the ch4rity s finan¢i41
siaiemenis iarried Iwji underse¢iion 145 of ihe Chariiies Aci ?01 I (the 2011 Aerl. Tr) carying oui ms, eiaminalion T
have follo￿,¢￿ all the appliuble DIT￿10￿￿% ￿1ven by Ihe Charity Commi45ion under ¥Axion 14515)(bl of (he 201 I ACT.
Itbdependent examlner's st*tement
I haNe ctrmpleied my examin3r1￿. I confinn Ihai no inallers haNe come to arenrion in conneciiw wirh the
ex3miDatlUIi bTi% in¥ m= Cdllse to klieve ih* in any Jnatenal r￿peLl..
LLOUThtin¥ reior&% were n(rt kepi in r£s]KLi uf iharity as wuired by stition_186 uf the 2(M Acu UT
the t1[￿nCial sratetnenL& do not accord ￿'ith th(￿ reco￿$." (
the financial sthtements do not comply with the aiLounurtg Tequiremettts of sectiort 396 of The 21A)6 Act OthEr tiian
any requir¢m¢nt thai Ihc a¢counis gil'¢ a irn¢ and tair %'icw ii.hich is noi a m0llcrc￿7$idcred as part ot.an
indepei]dent e￿i￿atiOn.. vr
the finanilitl stutctnents haie tmii ptepDred m acLvrknLe with Ihc meth￿￿ atKI ptitKiples uf ihe Stalernenl Lif
Rewrnmended Prn¢lic¢ tora¢￿￿￿ting and T¢￿kn￿8 by charili¢5 applirdble lo charili¢s p￿panThg Ih¢iT arcoun
accordance wilh ihe Financial Reporting Standard applirable In Ihe UK and Republic of Ireland IFRS 1021.
I have rM> Lo￿eTn$ at)d hatre come aCTDSS ￿ 01￿￿alletS in th￿neCtIOn wilh ihe exami￿1)￿￿ io whiLh aiitnlion
-diL)Lild be drnw"n in this rep)rt order to enable a pr(￿r un(kr%i8ndJt)bT ofihe fil￿nC￿lIsT91eIne￿l% to be ￿￿hed
David Allum FCCA
UHY HaLker Yuun¥
14 Park Row
Notlin¥ham
Nfjl (￿R
Dat¢il...71 January 2025

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
ST.4TEMENT OF FINANCIAL.4cfiviTIES
INCLIDif*G INCOTrIE AND EXPENDITLRE .4CCOITNT
FOR THE YL4R ENDED￿ JUNE 7024
UnrE5tritted Unre5trictEd
funds
funds
20?4
202.1
Not
Income frojn..
tknnaiion5 ￿nd I¢8￿1c3
65.2x6
467.522
enditure oll:
C harildblc aitiviljy
252,482
291,178
Net {eipEThditureVincomc lor tbt jearl
Net mol'emtlli kn funds
1187,1961
176,344
Fund balances ai l Juty 2023
395,76.1
219,419
Fund billiees Ai 30 June 2024
208.$67
195,763
The 51aleJnenl Dt'tinaniial aciiNiLies include5 all gains and losses re￿niSed in the year.
The statement uf fill3llcidl aLl)￿ltieS include5 all gal￿S and losses tecogniged in the year. All inEO]ne a[￿ expenditure
dcTii'V I'roTh continuirJ% actii'itic&
Thc slatc￿le￿I of fitkiKial aciivilics also cthnpllcs wiih th¢ rquirLincnis fty an in¢omc atrd c%p¢ThliriiT¢ akyouni undcr
the ComFwllie5 Ail 2(M)6.

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
BALANCE SHEET
AS AT30JL Tr4E 2024
2024
2023
Notes
Current •￿et5
Ca<h bank and in barbd
212,767
41KI,119
Creditor$- amounts fallits% due withitt IMIt
ear
14.21M>l
14,356
Iyet illrrertt
208.567
395,763
The funds of ihe ¢horfty
Unre%iricied funds
208.567
395,76_1
?08.567
395,763
The Lvmparjy is entitled 10 th¥ exempliort frotn the a￿lt fft1u1te￿￿￿tc0n1alned in stt1iiM1 477 Ei)e COM￿nIeS Atl
21x16, lor thc ycaren¢kd 3QJun¢ 20?4.
Th¢ direct￿$ acknowledgt th¢irres￿￿￿51bdl1l¢s for comPlyu￿ wilh th¢ requirements of Ihe Conwi¢5 Act 2006 wilh
If5P￿t ID aEcounling rccord¥ a￿d thr PTfwdralion of r]nat)c￿l
The member5 hab'e ]Krt ￿quired the company lo an audit of its fmancial sialun-T15 foT the ye3r in question in
cordanc¢M'ith section 476.
Th¢s¢ financial slat¢rn¢nts hay¢ been in xcordqnce with th¢ PTO&iSKms applicable to Companies Subject ro th¢
smdll comparties regijne.
The linancial SlaILxnc￿ts WCTC awrovcd by th¢ Irusicts on 24 January 2025
Naina Subbctwal
Trustee
Company r¢giin?iion numlxr 11432760 IE.nglarwJ dnd Wale&

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
P*'OTES TOTHE FIN.4NCIAL ST.4TENIENTS
FOR THE YEAR EP4DED 30 JUYE 2024
polltle$
Charih information
Globa] ALli&nLe of Im￿t NetwThks is a prii'ate co]npw limitd bv gu&taThtee incfj[￿rated Ertglattd artd
Wal¢s. Thc rcgist¢r¢d officc is (h]adrant Hou%¢- Floor6. 4 Thornaf Morc SquaT¢. London. Elw IYW.
Tk financial ￿tatc[ncnts hait Ikx-n pt¢par¢d In 3c¢ordart¢t *"iih Ihc ¢haTity'S goviming dotumeni, tht
Companies Ait 2006. FRS 10)'Yhe Fi1￿C￿l Rwrting StandaJYl applicable ITh die UK and Republic uf Ireland"
I'FRS 102.1 and th¢ C.h8rirics SORP"AccoLmiing R¢twiing bv Chanries.. Siaten)cni Df Rceommcndcd
Prnctlie appliiable to ihaniies prepdnn.. their aLl￿u￿15 in&iordanLe with the FindnLial Reporting Stdndard
applicable in rhe UK al￿ Republie of [￿lattd IFRS 10?)" letTecri¥'e l January, 20191. The Chari￿. is a Public
Benefit Entity defined by FRS 102.
The eharity tskett adi'atttage of the provJsiO]IS ith the soRp forchaiiiies noi to prepare ts Ststemetst of Ca%h
Flow'5.
The financial sIJleMent￿ are prepaTed ID ¥lerlinur, w41ich 1% the fu￿￿￿￿￿[ cutTency vf the cbarity- Monetary a
mounts ID ih¢s¢ fiDaniial statem¢nl$ are roundeQ to ihe nur¢st £.
T1￿ finanLial siaienKnis h*v¢ betn prepard under th¢ histvriiul Lujsi ￿?￿￿¢4711￿n. TIK priniipxl dLKullniing
polieies adopred Jre sei oul below.
.2 GOI￿￿ conce
Al the IIiDe ot"approN'iDg th¢ tinaDfi31 th¢ tru5te¢s hav¢ a rvwnablt exp¢oalioTr that the-haTity has
adeqiii?ie re￿Lly¢￿ t() cimrinue Iii 0￿ra110Thal eki*ienc¢ for Ihe forewblt furnre %hoiild rlie tru%reth wilh 10 do
so. Tbus, the IT￿51e￿ conllljue 10 3dq>l the EOltE ¢ontem bas.is of aitOUDling prewing tbe financial
statcmcnts.
Thc charity will continu¢ ti) k supIxyt￿ by it5 mmccs to¢nsurc that it mccts its liabiliticb a5 th¢y fall duc
ix}We￿Cr lh¢ tlly to day havr laryely txen pul on huld a5 In thc ITllslee&' try￿rt.
IJ Charitsble fund5
Unre%iri£ted futxl% are available fnr ai ith¢ diyy￿10n of lh¢ tN¥e¢% in fvrthmnce of tsir chariiable
objeLtives.
Rc%lriclGd fundE arc %ubjccr to spccrfic conditions bydDn(Y5 or gTanlots IE ro hoiv Ihcy Tnay IK U5cd. Thc
purposes and uses of the rLsiricl￿ fwids are setout in ihe notes to the financial statettJent>
Endowment funds aTe 10 %￿lfie eth]dilions by donor5 ¢iipithI mLL%1 b¢ mainLiin¢d by Ihe charitv.
JA Incone
Incorne is nYo?niscd Wh￿ th¢ charjry is Icgglly cntiilcd ro ir aftcr any t¢rfonna￿¢ cofflditiorJ5 liavc bc¢n mct.
the amounts ian be meabured reliabl>. and it is pmhble that income will be reLMv*L

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
P*'OTES TOTHE FIN.4NCIAL ST.4TENIENTS (CONTINVEDI
FOR THE YEAR EP4DED 30 JUYE 2024
Attoitttittg polities
Icontinutdl
l.$ ExpeDdlturÈ
Liabilities are tecogpniA 95 rewurct5 ex[￿(lea s￿n there 15 a leLal ur ci)nstruclii'e obliLdtion LunimiTtin
the Thariiy io the t%￿n￿llure. All ex￿ndI1ure is •ccounied for an accruals basis and has been Classified un¢kn
headings Ihit agye¥ale dll costs trlakd lo thr rdtegory.
GoN'txnanLe and 5UPPOrt co]nprise all costs in%olhin¥ the EKLblic ￿COUntablI]lY vf the CbaTily and its
compliancc wilh r¢gulatlW and gwd praciicc. including all mwagcimcni and wJiKinisrrarivc cosis.
All ¥overnan¢e and 5UPWt costs a]t incurrd in conn¢rlion with charirable #clivili¢s and have Ix¢n all0¢a￿d
drcotdingly.
1.6 Cg*h and tash tqwivalents
C'a*h ca4b cqui%'ulcnts u]clude c&sh in hand. dctx>sits hrld at rau w]th (thr thort-tcnn liquid
inveslrnenls with original maturiiies oiihr¢¢ nionths Or1￿$. arHI bank owerdraft-. Bank overthfts aTe show'n
Vtrlthin borro￿.1￿g5 JIi cutrent liabilitjcs.
1.7 Flnamelal lll$trumenis
The ihgriiy elecred 10 •wly the provisio￿￿ of Section I I 'Basi¢ Financial Insirumenis. and Seciion 12 '0iher
rin4￿¢1￿1 In>truTncnts Issur>' vf fRS 102 tv ￿1 vf its rIfi￿￿la1 ill51TUltKn75.
Fi￿LIa1 instruTr]en15 a￿ iecoLTnised in chatity'5 balance sI￿t the Lharity becornes party tu the
contr4ciual pro¥isions ot"Ihe insirummi.
Financial assetsand liabililits are oltseL wilh the anM)uns presen1￿ ill the financial slat￿￿￿15. when tlitre is
a Ic¥ally cnforccablc right lo Dff thc trcogn15cd and rhcrc is atb intcntion tD scftlc on a nct basis Ot ID
realise the asset an41 settle th¢ liabiliiv 5imultan¢ously_
Bdsic finanLial asseis. whiih include debt￿ and c3sh and bank lYalaDces. 3re initially M￿￿red at trdnsaLtioD
pnce including transaction costs and 3rc subs4NUimtl>' c4rril￿ 81 gmorti4￿ ￿5t usittg ih¥ ciYiYiiN¥ inT¥r¥st
meihd ut)les5 the dtrdnbremeDt Lvnsliiuies a findnling ￿￿￿￿aLlIU[￿. ￿'he￿ the Irdnsaitiun is medsured at tlie
pr¢5¢nt Vali￿ of th¢ tului¢ r¢¢¢ipls di%¢(wnted at a matket rAr¢ of inte￿[. Fir￿￿131 ￿￿￿t5¢1￿￿5]rled as rgxivab.l¢
wiihirn tsijr dre iivl anN)iiised.
Basic fIn￿LjaI Iiabililie5. ItKludl￿￿r LyedilL￿s atKi bank loa￿5 ￿ Itbilially Rrogni5ed at trA￿5￿Ctil￿ll pnLe unless
the atrJng¢m¢nt ¢oDstilul¢> a tinanring Irdnsa¢tion. where the debt instrum¢nt is JD¢asured al th¢ pr¢5¢nl valu¢ Dt"
the future tYdyTnenl% discounied al a nwket rateof Inte￿1. Financul liabjljiies cia55ified payable within one
year are noi amortis¢d.
Debt instrumertts aTe subsequem]y cattied ai amortised co&1, using the effLLlive inte￿1 raie method.
Tra(k ireditors are obligatiotkS IL> pay fuT seTViLes ha¥e been dLqUItEd in the urdiThdry course uf
0￿￿tionS ITOrn >uppliers. AtTh)unis pavable aye Classifled￿ Cur￿￿1 liabilities if paJThefflt is due within one y￿r
r le55. If nvL th￿ are PTeselll¢d a5 ￿n<U[tent Iiabililies. TTade Ltrditurth atr recuyisLMI inilially at tTan5dCtisJ
priceand subs¢qu¢rbtty trb¢35UTed ai arTh)rti￿1 cost using th¢ eff￿17%.e in*r¢sl Th¢thod.

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
P*'OTES TOTHE FIN.4NCIAL ST.4TENIENTS (CONTINVEDI
FOR THE YEAR EP4DED 30 JUYE 2024
Attoitttittg polities
Icontinutdl
DerecoKJYirion ofjinancialliobilrfie*
Financi31 1iahilitl￿S art d￿recOg171<￿ whcn ￿ chariry's contra¢n￿l ohli8arions eXPiT¢ or arc discharo¢d or
can¢ellLXI.
Donations and legai4vJ
2oz4
2023
Donations and gills
65.2x6
467.522
Charitable 2Ni¥itie5
2024
2023
Promotloth of phM*tttbrop)
ConsllltanLy 1¢
fonlerence expenses
sUb￿C[lp1i￿n ftt%
Webiiie costs
ICiairlllo%4 i>n foTci¥n cxchangc
Bankchargts
Don￿10￿5 Tnade kn the Askin Venrure PhilanihTDPy Nerwdt
Donatiuns tnade io Lalirtbtmcto
AccO￿n￿neY
21.7.?29
5.5$6
247,624
X13
5,558
24,488
14.16.31
1.099
5,058
66¢)
248.318
286,642
Share of govetrLince cosl%(see tKkte 4)
4,1()4
4.536
251.4RI
291,178

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
P*'OTES TOTHE FIN.4NCIAL ST.4TENIENTS (CONTINVEDI
FOR THE YEAR EP4DED 30 JUYE 2024
sllp￿rt tosts
Govero*n¢e
2024
2023
IDd¢p¢ndeni ¢xaminee5 fees
4.164
4,164
4.1(A
4.164
4.536
Analvsed betW¢*n
Chatitable activities
4.164
4.164
4,536
All s0￿c￿n¢￿ and cost% arc incurnxi chariLghlc aoiviiicFgiKI hal'c allocatcd 8ccordingly.
Tn]s*ets
Norte of the tru&rteeg lot arty petsong ￿.]th them) Teteived any rtmutteration or benefitg from the chattly
during the ytrar.
EM￿0).¢¢5
Th¢r¢ w¢r¢ no ￿P10ye¢S durin¥ ib¢cuTh¢ni y¢aror prior v¢ar.
The Jdminisiraiiort a[￿ wrtDing of the tharily is beIll￿ urtdenaken ott a volumary basis by the Tntsiees artd
paid consultants.
T*x*tlo
Th¢ Charity is ex¢mpi Irum wxaiiM on ils *LiII'iii¢S all ils in￿￿Me is a￿11¢￿ f4)T ch#riiable pury)o&ts.
CreditDr5'. talllng due wlthlD One).￿r
2024
2023
AicTuals and def¢T[￿ IDcume
4.21KJ
4,356

GLOBAL ALLIANCE OF AI¥IPAC7 NETW'ORKS
P*'OTES TOTHE FIN.4NCIAL ST.4TENIENTS (CONTINVEDI
FOR THE YEAR EP4DED 30 JUYE 2024
Unresttltted fund5
The unrtstricied fllnds of the charits. the urbexpen(kd knl&nces of donations and graTrI￿ M,hich aTe not
subj¢LY io spe¢ifii loniliiiuns by (luwr¥ and anivr) as 10 IKTrw th¢J may b¥ us¢d. Th¢5¢ iKluJ¢ d¢si¥1nd￿l
tunds which have been sei aside out 0ruth￿s1￿cIed fvnds by Ihe I￿￿tte% forwifiL pun)tsses.
At l Juty 2023
llltomiK%
rtsoureES
Re￿)￿reeS
At 311 Jun
2024
()eneral funds
&5JXb
{"15j.4Xi}
Prevlous year:
At l Juty 2022
llltbml
Re￿)￿re
expendpd
At 30 Junt
2023
resources
Genernl funds
219.419
•91.178
395,763
10 Comp*n> Ilmlted by guaraniee
T1￿ IIMLI of th¢ioi&l SPU￿¢¢¢5 of mrmbcn of the *tThmnied tiTr £5 ai thr beginninbt n¢J rnd uf ih¢
year.
11 Relattd p*n} trnnsa¢tloMs
t￿rIng the jear donatians iotallin8 LNil 12023_. £?9%.9(Allw￿e rvxcivcd fr￿ll rEl8trd parrics. Thcr arL" no
resiriLrJolls or CO￿li¢jo￿$ rtlating 10 don￿lOn5.
Duiingb Ihv yeat(h)nations of £31.43712021- £NIll wete iu AVPN. a rclalul party.

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