**REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1187798**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
## **FOR**
## **GREEN CRESCENT AID**
Shareef Statutory Auditors 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
**GREEN CRESCENT AID**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Report of the Independent Auditors**|4 to 6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8|
|**Cash Flow Statement**|9|
|**Notes to the Cash Flow Statement**|10|
|**Notes to the Financial Statements**|11 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
**GREEN CRESCENT AID**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
1) To advance the religion of Islam according to the Quran the Sunnah and Hadith anywhere in the world, in particularly but not exclusively in Malawi by means of, particularly but not exclusively, assisting in the establishment of a mosque and madrassah.
2) The prevention or relief of poverty anywhere in the world, in particularly but not exclusively in Malawi by providing: grants, items and services to individuals, charities, or other organisations working to prevent or relieve poverty.
3) To advance such other charitable purposes that are charitable under the laws of England and Wales as the trustees see fit from time to time, primarily (but not exclusively) in England and Malawi.
## **Public benefit**
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011, having had regard to the guidance issued by the CC on public benefit. All of it's work benefits the poor and unfortunate people in Society and as such falls within public benefit.
## **Grantmaking**
The Charity works in partnership with other charities to deliver projects for the poor and needy. During the year, the Charity supported people in Malawi and those affected by the earthquake in Turkey.
## **Volunteers**
The Charity has around 12 volunteers, who assist in setting up events and fundraising.
## **STRATEGIC REPORT**
## **Achievements and performance Charitable activities**
The charity was able to raise donations and fund their charitable objects.
They have been able to provide various types of aid to the needy in rural areas of Malawi and the earthquake torn areas of Turkey.
## **Fundraising activities**
The Charity carries out many fundraising activities via social media, fundraising events, collections at Mosque and no professional fundraiser is involved.
The charity code of conduct is to ensure that vulnerable people are not pressured into giving donations.
## **Financial review**
## **Financial position**
The Charity achieved a surplus of £97,631 (2023 : £56,390) and had funds at 31/12/24 of £209,627, all of which were unrestricted.
## **Principal funding sources**
The Charity received most of it's income from donations made by the public.
## **Reserves policy**
The Charity aims to maintain unrestricted reserves of at least £3,000, but usually has reserves, which are much higher.
Page 1
**GREEN CRESCENT AID**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **STRATEGIC REPORT Financial review**
## **Going concern**
The Trustees are confident that the Charity has sufficient funds to continue to operate for at least the next 12 months.
## **Principal risks and uncertainties**
The Charity relies on donations to be able to perform it's activities and, as such it is vulnerable to general economic recessionary pressures. It has reserves to be able to meet general overheads and most of it's projects are only carried out once funds have been received.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Charity constitution**
The Charity is a CIO, registered with Companies House and the Charity Commission.
## **Induction and training of new trustees**
Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **Key management remuneration**
The Charity is operated by it's Trustees and volunteers, all of whom give their time unpaid and none of whom receive any remuneration from the Charity.
## **Related parties**
The Charity is not holding assets on behalf of another Charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
(England and Wales)
## **Registered Charity number**
1187798
## **Registered office**
11 Devonshire Street Keighley West Yorkshire BD21 2BH
## **Trustees**
Mr Amir Khan Mr Haroon Mahmood Mr Sikander Ali Shan
Page 2
**GREEN CRESCENT AID**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Auditors**
Shareef Statutory Auditors 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Green Crescent Aid for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with 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 detection of fraud and other irregularities.
In so far as the trustees are aware:
- there is no relevant audit information of which the charitable company's auditors are unaware; and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **AUDITORS**
The auditors, Shareef, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 7 August 2026 and signed on the board's behalf by:
Mr Amir Khan - Trustee
Page 3
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GREEN CRESCENT AID**
## **Opinion**
We have audited the financial statements of Green Crescent Aid (the 'charitable company') for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
- In our opinion the financial statements:
- give a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- the charitable company has not kept adequate accounting records; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
Page 4
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GREEN CRESCENT AID**
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **Our responsibilities for the audit of the financial statements**
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Based on our understanding of the Charity and industry, we identified that the principal risks of non-compliance with laws and regulations related to employment laws and taxes, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, FRS 102 and the Charities SORP. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries to achieve desired financial results and the manipulation of exceptional items and management bias in accounting estimates. Audit procedures performed by the engagement team included, but were not limited to: - enquiries with management, and the Company's legal counsel (internal and, where relevant, external), including consideration of known or suspected instances of fraud and non-compliance with laws and regulations and examining supporting calculations where a provision has been made in respect of these; reading key correspondence with regulatory authorities in relation to compliance with certain employment laws and indirect tax matters; - understanding and evaluating the design and implementation of management's controls designed to prevent and detect irregularities; - challenging assumptions and judgements made by management in their significant accounting estimates, in particular, in relation to restricted funds; - identifying and testing journal entries, in particular any journal entries posted with unusual account combinations and postings by unusual users; There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 5
**REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GREEN CRESCENT AID**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Shareef Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
7 August 2026
Page 6
**GREEN CRESCENT AID**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
4
**Charitable activities**
5
Charitable activities
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
**316,147**
**4,033**
**320,180**
**15,281**
**171,729**
**633**
**187,643**
**132,537**
**77,090**
**209,627**|Restricted
funds
£
**1,205,098**
**-**
**1,205,098**
**-**
**1,240,004**
**-**
**1,240,004 **
**(34,906)**
**34,906**
**-**|**2024**
**Total**
**funds**
**£**
**1,521,245**
**4,033**
**1,525,278**
**15,281**
**1,411,733**
**633**
**1,427,647**
**97,631**
**111,996**
**209,627**|2023
Total
funds
£
1,103,724
-
1,103,724
10,913
1,035,773
648
1,047,334
56,390
55,606
111,996|
|---|---|---|---|---|
The notes form part of these financial statements
Page 7
**GREEN CRESCENT AID**
## **BALANCE SHEET 31 DECEMBER 2024**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
**514**
**CURRENT ASSETS**
Debtors
12
**189,472**
Cash at bank
**31,940**
**221,412**
**CREDITORS**
Amounts falling due within one year
13
**(12,299)**
**NET CURRENT ASSETS**
**209,113**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**209,627**
**NET ASSETS**
**209,627**
**FUNDS**
14
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**514**
**189,472**
**31,940**
**221,412**
**(12,299)**
**209,113**
**209,627**
**209,627**
**209,627**
**-**
**209,627**|2023
Total
funds
£
571
15,000
100,699
115,699
(4,274)
111,425
111,996
111,996
77,090
34,906
111,996|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The financial statements were approved by the Board of Trustees and authorised for issue on 7 August 2026 and were signed on its behalf by:
Mr Amir Khan - Trustee
The notes form part of these financial statements
continued...
Page 8
**GREEN CRESCENT AID**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning**
**of the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|**2024**
**£**
**(72,792)**
**(72,792)**
**4,033**
**4,033**
**(68,759)**
**100,699**
**31,940**|2023
£
54,053
54,053
-
-
54,053
46,646
100,699|
|---|---|---|
The notes form part of these financial statements
Page 9
**GREEN CRESCENT AID**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024**
|**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**|
|---|---|---|---|---|
||||**2024**|2023|
||||**£**|£|
||**Net income for the reporting period (as per the Statement of Financial**||||
||**Activities)**||**97,631**|56,390|
||**Adjustments for:**||||
||Depreciation charges||**57**|64|
||Interest received||**(4,033)**|-|
||Increase in debtors||**(174,472)**|(5,000)|
||Increase in creditors||**8,025**|2,599|
||**Net cash (used in)/provided by operations**||**(72,792)**|54,053|
|**2.**|**ANALYSIS OF CHANGES IN NET FUNDS**||||
|||At 1.1.24|Cash flow|**At 31.12.24**|
|||£|£|**£**|
||**Net cash**||||
||Cash at bank|**100,699**|**(68,759)**|**31,940**|
|||**100,699**|**(68,759) **|**31,940**|
||**Total**|**100,699**|**(68,759)**|**31,940**|
The notes form part of these financial statements
Page 10
**GREEN CRESCENT AID**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Just giving donations
Gift aid
Grants received|**2024**
**£**
**707,617**
**464,056**
**316,147**
**33,425**
**1,521,245**|2023
£
563,860
338,024
97,807
104,033
1,103,724|
|---|---|---|
continued...
Page 11
**GREEN CRESCENT AID**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Just giving charges
**5.**
**CHARITABLE ACTIVITIES COSTS**
Charitable activities
**6.**
**GRANTS PAYABLE**
Charitable activities
Grants paid to institutions were as follows :
Muslims in Need
Green Crescent Malawi
Deniz Feneri Dernegi
Small grants|Direct
Costs
£
**39,055**|Grant
funding of
activities
(see note
6)
£
**1,359,406**
--
---|**2024**
**£**
**4,033**
**2024**
**£**
**15,281 **
Support
costs (see
note 7)
£
**13,272 **
**2024**
**£**
**1,359,406**
2024
£
99,413
638,635
589,948
31,410
--------------
1,359,406
--------------
-|2023
£
-
2023
£
10,913
Totals
£
**1,411,733**
2023
£
992,404
2023
£
55,052
563,736
369,391
4,225
--------------
992,404
--------------|
|---|---|---|---|---|
continued...
Page 12
**GREEN CRESCENT AID**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**||||||
|---|---|---|---|---|---|
|||||Governance||
||||Finance|costs|Totals|
||||£|£|£|
|Other resources expended|||**57**|**576**|**633**|
|Charitable activities|||**1,176**|**12,096**|**13,272 **|
||||**1,233**|**12,672 **|**13,905**|
|Support costs, included in the above, are as follows:||||||
|||||**2024**|2023|
||Other|||||
||resources||Charitable|Total|Total|
||expended||activities|activities|activities|
||£||£|**£**|£|
|Website costs||**-**|**20**|**20**|**1,992**|
|Stationery||**-**|**452**|**452**|**385**|
|Safety clothes||**-**|**624**|**624**|**458**|
|Subscriptions||**-**|**80**|**80**|**80**|
|Depreciation of tangible fixed assets|**57**||**-**|**57**|**64**|
|Auditors' remuneration||**-**|**7,200**|**7,200**|**-**|
|Accountancy and legal fees||**-**|**2,096**|**2,096**|**2,600**|
|Gift Aid & bank charges|**576**||**2,800**|**3,376**|**1,654 **|
||**633**||**13,272 **|**13,905**|**7,233**|
## **8. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||**2024**|2023|
|---|---|---|
||**£**|£|
|Auditors' remuneration|**7,200**|-|
|Depreciation - owned assets|**57**|64|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
continued...
Page 13
**GREEN CRESCENT AID**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
97,809
**EXPENDITURE ON**
Raising funds
10,913
**Charitable activities**
Charitable activities
43,369
Other
648
**Total**
54,930
**NET INCOME**
42,879
**RECONCILIATION OF FUNDS**
Total funds brought forward
34,211
**TOTAL FUNDS CARRIED FORWARD**
77,090
**11.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2024 and 31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Restricted
funds
£
1,005,915
-
992,404
-
992,404
13,511
21,395
34,906|Total
funds
£
1,103,724
10,913
1,035,773
648
1,047,334
56,390
55,606
111,996
Fixtures
and
fittings
£
**706**
**135**
**57**
**192 **
**514**
571|
|---|---|---|
continued...
Page 14
**GREEN CRESCENT AID**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other debtors
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
**14.**
**MOVEMENT IN FUNDS**
At 1.1.24
£
**Unrestricted funds**
General fund
**77,090**
**Restricted funds**
Malawi
**21,516**
Food and shelter
**9,756**
Turkey
**3,634 **
**34,906**
**TOTAL FUNDS**
**111,996**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**320,180**
**Restricted funds**
Malawi
**617,119**
Food and shelter
**33,425**
Turkey
**554,554 **
**1,205,098**
**TOTAL FUNDS**
**1,525,278**||
|---|---|
continued...
Page 15
**GREEN CRESCENT AID**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Comparatives for movement in funds**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.1.23|in funds|31.12.23|
||£|£|£|
|**Unrestricted funds**||||
|General fund|34,211|42,879|77,090|
|**Restricted funds**||||
|Malawi|21,395|121|21,516|
|Food and shelter|-|9,756|9,756|
|Turkey|-|3,634|3,634|
||21,395|13,511|34,906|
|**TOTAL FUNDS**|55,606|56,390|111,996|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Malawi
Food and shelter
Turkey
**TOTAL FUNDS**|Incoming
resources
£
97,809
563,857
69,033
373,025
1,005,915
1,103,724|Resources
expended
£
(54,930)
(563,736)
(59,277)
(369,391)
(992,404)
(1,047,334)|Movement
in funds
£
42,879
121
9,756
3,634
13,511
56,390|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Malawi
**TOTAL FUNDS**|At 1.1.23
£
34,211
21,395
55,606|Net
movement
in funds
£
175,416
(21,395)
154,021|At
31.12.24
£
209,627
-
209,627|
|---|---|---|---|
continued...
Page 16
**GREEN CRESCENT AID**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Malawi
Food and shelter
Turkey
**TOTAL FUNDS**|Incoming
resources
£
417,989
1,180,976
102,458
927,579
2,211,013
2,629,002|Resources
expended
£
(242,573)
(1,202,371)
(102,458)
(927,579)
(2,232,408)
(2,474,981)|Movement
in funds
£
175,416
(21,395)
-
-
(21,395)
154,021|
|---|---|---|---|
## **15. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
Page 17
**GREEN CRESCENT AID**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Just giving donations
Gift aid
Grants received
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Just giving charges
**Charitable activities**
Event expenses
Volunteer expenses
Donations
Sponsorships
Travel expenses
Grants to institutions
**Support costs**
**Finance**
Website costs
Stationery
Safety clothes
Subscriptions
Plant and machinery
**Governance costs**
Auditors' remuneration
Accountancy and legal fees
Gift Aid & bank charges|2024
£
**707,617**
**464,056**
**316,147**
**33,425**
**1,521,245**
**4,033**
**1,525,278**
**15,281**
**5,862**
**-**
**-**
**6,755**
**26,438**
**1,359,406**
**1,398,461**
**20**
**452**
**624**
**80**
**57**
**1,233**
**7,200**
**2,096**
**3,376**
**12,672**|2023
£
563,860
338,024
97,807
104,033
1,103,724
-
1,103,724
10,913
4,363
299
780
-
31,342
992,404
1,029,188
1,992
385
458
80
64
2,979
-
2,600
1,654
4,254|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18
**GREEN CRESCENT AID**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|Total resources expended
**Net income**|2024
£
**1,427,647**
**97,631 **|2023
£
1,047,334
56,390|
|---|---|---|
This page does not form part of the statutory financial statements
Page 19