Global Aid Care Charity No: 1189187 Annual Report and Flnan¢ial Statements for the Year Ended 31 March 2024
ANNUALREPORT*JID FIIIAIICIALSTATEMENTS FOR THE IW ENOED 31 MaYch2024 Contents Page Legal and administrative information Report of the Trustees Independent Examiner's rqy)rt Statement of financial activities io Balance sheet li Notes forniin8 part of the financi81 stat¢m¢nts 12
Global Care IReglstered Charity No. 11891871 ANNUAL REPORT AND FINANCIAL5TATEMENTS FOR THE YEAR ENDED 31 Mah 2024 Legal and Administrative Information Trustees Mr Mohammad Sajjid Sarwar Mr Maged Ahmed M Ghalib Ms Asma lftakhar Chairman Mr Mohammad Sajjid Sarwar Correspondence address Suite 2A Blackthorn House St Pauls Square Birmingham B3 IRL Website ,lobalaidcare.or Email: info lobalaidcare.or Bank Lloyds Bank PIC 25 Gresham Street London EC2V 7FtN Accountants K¢yLax Ltd 220-222 Warwick Road Birniingham B112NB
FORIHE YEAR ENDED 31 Marth Z014 REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31 MARCH 2024 The trustees preseni their rert along with the fll)ancial statements of the clmrity for the year ended 31 March 2024. The fuwi¢ial statements bave been preparnl in accordanL% with the accounting p)li¢ies set out on page 12-14 and fidly Ll)mply with the charity's tnL8t deed and applicable law. •ntsatlon and Ob eetlves Global Aid Care (GAC) is a British charitable organisation establish in 2020. It was registered with the ty c0nllni0n as a CIO Foundation on 23 April 2020 {Retered Charity No. 1189187). The Inte<s who have s¢[v1 duting the yr are s& wt on pag¢ 3. TrUStS are appoint by a resolution of the Injstees at a Sp1 mtttin& The trustees me& &$ and when wuired to dIU$S the busin of the clwity. Ob"ectives of the Cbarl The objects of the CIO are all for the publi¢ benefit and are specifically restrict to the following: The prevention or lief of p)vaty or financiaI haThlslllp aoywhffe in the world by providing financial support to charities and individuals to assist in the provision of educatio trainin& healthcare projects and all the necessary support designal to enable individuals to generate a sustaithle income and be self-sufficienL Revlew of Aetivities and Achievements kn 2023124 Global Aid Care made significant strides in addressing urgent hunwiitsrian neals during2023- 2024, responding to crises and providing essential support to vulnerable communiti¢s a¢TOSS the glob& The year's key achievements in the Ye 2023-24 include the following: Moroc¢o Earthquake Responx: On S*mbez 8. 2023, a pwerful earthquake with a mwitude of 6.8 struck the Higb Atlas Mountsins in Monjcco. eausing widwead dev&statioL The tremor partiadarly affa rural and niountsiwvs region4 where buildings collaprf thousands were killal OT injur& Over 2.900 p)ple lost their live4 and many more were displaceiL facing a lack of access to forf water. shelter, and medical care. The destruction of infrastructur4 induding roads and (x)mmwiication network4 significantly hamper&l the delivery of ai Global Aid Care rwond&l swiftly to this hunw)itarian disasttt by mobilising emergency relief. We sent a delcgation and WOTkol in partnerthp with other organisations to ensure aid
ANNUAL REPCftT AND HNAP40ALSTATEMEIITS r¢ath¢d th¢ most afft areas. Our rwonse included the distnlmtion of bl8llke food parcels. and temporary shelters for displacal families. These efforts provided in]mediat¢ r¢li¢f and h¢lped restore a sense of slty for those who had lost everythin& Bangladesh Medlel Am1st¢t. tn Bangladdl lcUlarlY in rural aod unde[serv1 areas, access to healthcare is limiteAI. The Unty faces a sigDifiwt sknrtage of medical r&qources. and many conununities are vulnerabl¢ to preVlabl¢ diseascs and health LMplIcatiOns. tn 2023-2024. the strain on the healthcare system was exacer by the infiux of internally displaced people and ongoin8 Mvironmtal challenges as floodi which further strained medical infr&strnLtut Global Aid Car¢ foatseAI on improving healthcare t$S for nllal commw)ities in Bangladesh by delivering essential Mle11 supplies in parthership with a wialist team of Malics from the UL Our assistanee reach thousands of individual4 ensurin8 that lo1 clinics and health facilities were stockoa with the m4li¢ations. Th¢ge efforts help&1 address both urgent health Lyises and ongoing medical improving the quality of care in remote ar¢a3 whcre healthe resources are often scarce. Turkey and Syrla Earthquake Rellef: On February 6, 2023, a devastating earthquake with a magnitude of 7.8 8tN¢k southern Turkey and northern Syri4 killin8 over 50.(M)O ppIC and injuring tens of thousands more. The Uake 8everely damaged cities, towns, and infrastsucture. and left millions of people homeless. The situation in Syria especially dir4 &s the wunty wag already stN881in8 with a d¢der[on% Confli which had weakened its healthcare and emergency respoL8e systems. Both Turkish citizens and Syrian refu8e¢s living in Turkey were disprop)rtionately aff¢ctrf fill8 limited a¢¢¢ss ¢0 foo water. Shelter. and medical ¢are. Global Aid Care quickly mobiliz•J to provid¢ emer8fflCy telief to thos¢ most affect&l by this catastrophic evenL Our focus w&8 on supporting the thTable Syrian refugees who had already been livin8 in prarIOuS conditions. We joined our partner charities to provide vital supplies, including food, bl8nk¢ty shelters. malical al and hygiene kits. Our efforts were aimed at alleviating the IMmlate suffering of those displacal by the disaster. particularly the most vulnerable w)pulations who had already be affect by the ongoing refugee crisis. Gaza Emerg¢DV Support: Gaza bas be faang an ongoing hum8nitsrian crisis for years. exac¢rbatoa by political conflic¢ militsry opffation4 and blockades. tn 2023-2024, the situation in Gaza worsened with escalating violeJKe and blockade4 leading to a shortage of basic goods. medical supplie4 and essential services. The CODfiict caused severe physica] and psychological harni to civilians, particularly childrw who make up a significant portion of the population. The healthcare system was overwhelma( and many families were displacoa from their homes, stsuggliThg to fmd forf clean water. and medical e.
ANUAL REPORT AND ANA•IIULsfATEMElnS FOR THE YE ENDED31 Marth 2014 Global Aid Care provid criti1 emergency supwtrrt througbout the year to address the worsening hutnanitsrian crisis in GazL Our relief efforts includoa the distribution of foo tnedÉcal supplie4 and basic necessities. We Work closely with partners to ensure that aid reached the most vuInerable families, alleviating immaliate suffering and providing essential goods to those who had lost their homes and livelihoods due to the conflicL Publk Benefit The trustees confirni they have given thie consideration to public benefit and have complied with the Cl1 Act 2011 in this rew Risk MAnagement GAC employs a comprehensive risk management sttategy to identify, $¢s% and mitigate potential risks to our operations. Our risk register is regulaTIy Tev1¢W by the Board of Trustees, ensuring compliance with guidelina8 and effective governance. Looklng ahead As we look to the futw4 Global Aid Care ranains steadfast in our wmmitni¢nt to expanding our reach and enhancing the effectiveness of our opuations. Key priorities for the upcoming period include: Strengthening Disaster Response Resilience: We will continue to focus on delivering limely, responsive aid to eommuniti&s affected by natural disasth and humanitarian crises. ExpAndlDg and Deepening Partherships: We will WO to strengthen and expand our parttL¢rships withlocal orgaoisation4 ¢sUring0W rwinK8 areboth efftctive and sustainable. These strategic collaborntions will help us improve yrational efficiency and mlMise the impact of our initiatives. Enhanelng Dlgltal Presence and Stakeholder Engagement RecOls1og th¢ ]mrtance of digital platfOrn in modem fundraisi we will enhance our social rn11a presence to engage Improving Fundraising Efforts: Fundtaising remains a celrttal focus for Global Aid Care. We will inlplement new strategies to diversify our funding sources. including expanding our online campaigns and Cultivating major donors. Efforts will b¢ fo¢us¢d on building long-tenn relationships with our Suprta4 *W]ting that funds are dircct&l ¢fft¢tively to where they are nealed mosL Upgrading DonatioD Procasing: We are conurritted to making it easier for our supporters to contribute to our CAuse. To this en( we will inv&st in up8radmg our donation pro$1n8 systems to ensure a seamless. secur4 and user.friendly expeTience.
ANNUALREPORT AND RNPJIOALsfATEMENTS FOR ThE YEPA EIIDED 31 Marth 2024 Flnanclal Revlew During the year, the charity receival a tota] InMe of £318.702 (2023: £90.432). Of the totsl funds receive4L £82285 of the funds was restricted and £236.417 was received as unrestricteAI The total funds expfflded amountal to £152,077 (2023: £92592). Thi8 in¢lud&8 the sum of £84.214 (2023: £5.((16) expenda on charitable activities. The cost of raising funds amounted to £69.792 (2023: £87,586). The totsl amount carri forward to be expended in the following year as part of the restricted fimds amounted to £0.00. The unrestricted amount carried forward amounted to £166.625. The trustees have review the financial p)sition and are mmitt to continuing the positive growth of the ¢harity. Reiervu Pollcy The trusttts have established a policy wher¢by th¢ unrestricted funds not committed or invested are Maintain at a level that allows the charity to operat¢ &8 & going concern for at least one year. The actual unrestricled reg¢rves G4rri1 forvard for the year amounted to £166,625. which is sufficient for the PUTpose of covc¥in8 operational ¢osts and plann charitable expenditure. Goln8 Concern The tswtees consider that there are no material uncertainties about the TnL8t's ability to continue as a going concern. This assessmrnt has been mad¢ on th¢ b1$ of th¢ r¢vi¢w of the financial position and the opmtional risks. The trustees are satisfied that the financial position of the chority is sound with the appropriate safeguards in pla¢& ststement of trnitee•' Mponilbllltkn In relallon to fill¢11 statsmeots The tDJStees are rwnsible for prepar1 the Tntee8. Rwrt and the financial statem¢nts in accordance with applicable law and United Kingdom ALYounting Standards including Financial Rep)rting Stsndard 102 The Financial Rq)orting Standard applicable in th¢ UK and Republic of Ireland (United Kingdom Generally Accepted Ac£vunling Practi£Y). The law applicable to charities in England and Wales rquiTU the trustees to prepare fllwicial statements for each financial year which give a true and fair view of the state of affaxrs of the charity and of the income and expenditure of the eharity for that pertod. In preparing these financial statement& the trustees are lequir1 to: select suitable a¢(x*unting w)licies and then apply them nSIstentIy• obr¥e the mdhods and prin¢ipl¢s in the Charities SORP;
FOR THE YEARÉ14DED 31 Marth2024 make judgements and acwunting ¢5timates that aTe reasonable and pruden¢ state whdher applicable accounting stsrmjarts have been followal. subject to any material departures disclos&1 and explainoa in the financial statements" and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are reswn5ible for maintaining proper aco)unting rordS which disclose with re&sonable accuracy at any time the financial wlsition of the charity and a)able them to ensure that th¢ fmancial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deeiL They are also responsible for safeglwding the assets of the charity and hence for taknng re&wnable stq)s for the prevention and d¢txtion of fraud and other irregularities. The trustees are resw)nsiThle for the nIntenanCe and itiwity of the clwity and financial inforniation includ] on the d]arity's w&ite. Legislation in the United Kingdom governing the preparation and dIsserriti0n of financial statanents may dityer from legislation in other jUTisdidions. Approved by the trustees and signoa on its behalf by: Moham ajjid S2rw Chairman Trustee Date: 281011202S
Global Ald Care IRe8kntsred CharltyNo. 11891871 ANNUfvI REPORT APID AMAt40ALSTAThIENTS FOR ThE YEAR ENDED31 M•rth2024 INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES OF GLOBAL AID CARE I report to the trustees on my examination ofthe aounts ofGlobal Aid Care for the year ended 31 March 2024, which are set out on pages 12 to 14. Respon8lbllltles and basls of report As the charity trustees you are responsible for th¢ pr¢p&ration of the accounts in accordance with the requirements of the Charities Act 2011('the Act,). I report in respect of my eXamItion of th¢ thority's accounts Carried out und¢r section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under s¢¢tion 145(5)(b) of the Act. Independent exandn¢r'$ itAtemeDt I have completed my examination. I confinn that no material matters have come to my attention in nnectIOn with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by s¢¢tion 130 of the Act; or 2. the a¢¢ounts do not accord with those rerds. or 3. the accounts do not comply with the applicable requirements concerning the forni and ¢ont¢nt of a¢¢ounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a¢Unts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no ¢on¢¢m8 and hav¢ com¢ across no other matters in o)nnection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to bc r¢a¢h¢d. Keytax Ltd 220-222 Warwick Road Birniingham B112NB Date: loil&
FOR THE YEAR ENOED 31M*th 2024 Statement of f1Cl21 A¢tivitw for th¢ Ye•r Ended 31 Marth 2024 2024 Totsl Funds 2023 Totsl Funds Notss Income from: Donations and Grants 236417 318,702 314702 90.432 90,432 Total ineome 23A417 8¥85 Expendlture on: Charitable activities Raising fijnds Total expelldlture 81285 82285 s.6 87,586 92A92 69.792 69.792 152,077 NerfincoEneyexpenditurc 166.625 166,625 (2,160) Reeonciliation of funds: Total funds brought forward 12240 12240 14,400 Total lld8 carried forward 17&865 12.240 There are no recogDisal gains and losse5 othc¥ than those EmsSi through the Statement of Financial Activitia. All income and eXpditUre is derived from continuing activiti¢s. Th¢ notes on pages 12-17 forni an illte of these financial statcme4ts. io
FOR ThE YEAR ENDED31 M*rth 2024 BalADce Sheet u at 31 Mareb 2024 Notes 2024 2024 21)23 2023 Flxed Assets Tangible Assets Current kn¢ts Debtors Cash at bank and in hand 4,389 I80.843 14.872 Cr¢dltor$: •mounts falllng due wlthlD one year Iyet Curr¢nt Assets l78 865 Net Aii¢ts 17 12 Funth Restricted Unrestricted Totsl Funds 17 12 These financial stat¢rn¢•ts wex¢ apwved by the Board of Trusttts and s1cd on their behalf Mohamma aiiid Sarw Ch8Jlrman Trnstse Date: 2woir2025
Global Ald CarelRqlsteredCharty 11891871 ANNUALREPORT AND ANANQALSTATEMENTS FOR THE YEAR ENDED 31 Marth 2024 Notss formlDg part of the Ilnanclal statsments for the year ended 31 Mareb 2024 l. Accountlng Polldes The principal accounting policies. of which have been applied ¢on8iStently throughout the year. are set out below. a) Basls of preparatlon The financial statements have been prepared under the historical cost convention and in aOrdanCe with Accounting and Reporting by Charities: Statement of Recommended Practice, applicable to charities preparing their acrA)unts in accordance with the Financial Reportin8 Standard applicable in the UK and Republi¢ of IT¢land (FRS 102)- (Charities SORP FRS 102) (as updated through second edition - October 2019). the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pound8 8terlin8 and rounded to the n¢ar¢st pound. b) Publle beneflt entlty The charity constitutes a public benefit entity as defined by FRS 102. e) Golng eoneern The Trustees have prepared financial projections. taking into consideration th¢ ¢UTr¢nt economic conditions and hav¢, at th¢ time of approving thex accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for th¢ fore$eeabl¢ future. Thu8, they ntinue to adopt the going concern basis of aCunting in preparing the accounts. d) Fund Sceounthig Funds held by the Charity are: Unrestrictal funds- These are fJnd$ whith can be us&1 in accordance with ¢haritsble objKtives at the discretion of the trustees. Restricted funds - These are funds that can only be used for particular restricted puOse$ withitj the objectives of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes. e) Ineome reeognition All income is recognised once the charity h8S an entitlement to the incom4 it is probable that the income will be received and the amount of income receivable can be measured r¢liably. Donations and grants are recolSed in the period in which the charity is entitled to receipts where the amount can be measured reliably. The income from Chltable and fundraising activiti are shown gross with the associat¢d ¢o$ts Includ in the expenditure. 12
FOR THE ENDED 31 Marth 20Z4 tnv&8tment profits on funds held on dep)sits are includa when receivable and the amount can be measured reliably by the dwity: this is nonnally un the notification of the profit paid by th¢ banL O Volunteers The value of the time and servic&8 providoa by volunteers is aot inLX)rporatal into these financial statements in aCC4)rd with the Chariti¢5 SORP FRS 102. g) Expenditure recogDition Expenditure is reColised as soon as there is a legal or eonstnmxive obligation comnlltting the chlty to that expenditur4 it is probable that settlement will be requirol and the amount of the obligation can be measured reliably. h) Debtors Trade and other debtors are reco]81 at the l¢Mellt amount thie after any trade discounts offered. Prepayments are valued at th¢ amount wepaid net of any trade discounts du& D Cgsb at bank and In hd Cash at bank and cash in hand includes cath and short tern] highly liquid investtnents with a short maturity of three mooths or less from the dat¢ of acquisition or opa)itig of the deposit or sirnilor a¢UL J) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation raytIng from a past event that will probably result in the transfff of fi]Dds to a third paty and the amount due to settle the obligation can be me&surnl or estirnatcd reliably. Crolitors and provisions ar¢ nornllY recognis&l at their s&danent amount after allowing for any trnde discounts due. k) P¢n$ion costs The charity opffates a defined contribution pa)sion schane. ContnTr•utions to the scheme are charged to the statement of financial activities for the period to which th¢y r¢lat¢ to. 13
Ar4NUAL REPORT ANO FINANaALWAIEME15 FOR ThE YEAR ENDED al 2024 Notss fornthig part of the Ilnnelal statements for the year ended 31 March 2024 (conL) 2. Key Judgements and estimation uneertainty The Trustees do not consider that there are any significant judgoneLts and sources of estimation uncertainty at the rekK)rting date. 3. Income from donatlons and grants Unrestrlcted RestrAeted Funds Fund5 Totsl 2024 Total 2023 Donations & Grants 236,417 82.285 318.71T2 90,432 236h17 31&702 90,432 4. Expendlthre on clwitbk aetivities The amount payable in the year comprises: Unrestrkte Restrlcted Funds Totsl 2024 Total 2023 Funds Emergency Relief 77285 77.285 Medical Relief 5.OlX) Support Costs 82385 4938 14
(¥obal Ald Core (Reilstrred Chwlty 11891871 ANNUPI REPORT APID ANANCIAiSTATEME14TS FOR THEYEAR ENDED 31 Mwch 20Zd 1¥4otes formlng part of the finandal ststements for the year ended 31 Mareh 2024 (eonL) S. Fundraising And Operational Costs Unrestri¢te Restricted Funds Total 2024 Total 2023 Funds Bank & Donation pro£s1Thg charges Printing & Advertising Wages and SalaTies Pension costs Premises rent and other relat&1 4.380 4.380 1.301 1.550 61,557 665 1.550 61,557 655 6.989 81.322 1.095 890 890 Arxountancy fees Legal Professional fees 750 750 750 1.135 69,792 69.792 92,592 Staff numbers The average number of employees during the year was as follows: 2024 2023 Marketing and Fundraising Management and Admin Support During thc year no anployees had emoluments ovu £60,000 {2023- None). Totsl employee benefits including remuneration and pension Contributions eosts payable to the key management personnel for the year were £25,552 (2023 - £32.500). This represents costs payable for the Fundraising Department Manager. 15
fjlob•l Atd ca IRernd Ch¥ky Ilo. 1189187) ANNUAL AEPORT AND PthII(IALSTATEMElnS FOR THE YEAR ENDED31 M•rth 21P4 Notes fornthig part of the finttdAI rtatements for the yur ended 31 Mxr¢h 2024 (¢onL) 6. CredltorJ- amollnts fthg due wlthln one year 2024 2023 Trad¢ ¢ratitOTS Other cralitors 750 1228 750 1,882 1.978 2.632 7. Restrlcted Funds BknDLY at l Aprll 2023 Ineomlng Funds Outgolng Funds Balance At 31 MAreh 2024 Emergency Reltef PrOe Medi1 Relief Prowune 77.285 77285 5,000 82285 82285 8. Unrestrl¢ted Funds General Funds BalanrK at l April 2023 Net expenditure 12.240 166,625 Balance at 31 Marth 2024 17 16
FOR ThE ITAR EIW 31 IA•th2024 Notss formlng part of the financial statements for the year ended 31 Mareh 2024 {eonL) 9. Analysls of Net Assets between Funds urtrICte Re5trieted d Funds Funds Balanee at 31 Mareh 2024 Fund balances at 31 Marth 2024 are represented by. Fixed assets 180.843 (1.978) 180.843 (1.978) Current liabilities Totsl net assets 10. Related Party Transactlons and Trust¢¢s RemuD¢r*tion The InteeS received no remuneration during 2024 (2023 - nil). During the year th¢ were no other relateAI paty transactions. 17