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2024-03-31-accounts

Registered Charity Number :- 1192268

SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR END 31 March 2024

SPRINGAID INTERNATIONAL DEVELOPMENT UK Springaid International Development UK 213 North Street

Leeds

CONTENTS

SPRINGAID INTERNATIONAL DEVELOPMENT UK

FOR THE YEAR ENDED 31 March 2024

TRUSTEES' REPORT ....................................................................................................................................................... 3 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 9 BALANCE SHEET ......................................................................................................................................................... 10 NOTES TO THE FINANCIAL STATEMENTS ............................................................................................................ 11

2

SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Summary of charity’s purpose:

Summary:

1. Mission :

The charity’s mission is to support socially and economically disadvantaged individuals and groups across the UK. By providing education, training, healthcare initiatives, and essential assistance, it seeks to empower them to create self-sustaining environments, achieve sustainable income, and actively contribute to society.

1. Key Objectives :

Advancement of Education :

Advancement of Health :

3

SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Business and Entrepreneurial Development :

Environmental Protection and Improvement :

• Advocate for sustainable energy use and resource management to foster environmental preservation and development.

Summary of main activities in relation to purpose for the public benefits:

In 2023/24, the charity delivered impactful activities aligned with its objectives, providing significant benefits to the community:

1. Big Bike Revival Project :

fostering environmental consciousness.

4

SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Climate Action Leeds Project :

These initiatives advanced sustainability, social equity, and healthier lifestyles while inspiring lasting community impact.

1. Leeds Together with the Windrush Generations :

• Celebrated the Windrush Generation’s 75th anniversary and Black History Month with 10 photography and filmmaking workshops for 120 young people.

Big Bike Cycling Sessions :

•Enhanced cycling skills, bike maintenance knowledge, and community engagement while promoting health, active transport, and sustainability.

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SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Eat on a Budget :

• Addressed food insecurity and rising costs with three cooking workshops teaching young people, particularly women, to prepare healthy meals on a budget.

•Workshops focused on meal planning, grocery budgeting, reducing food waste, and promoting sustainable habits.

• Improved cooking confidence, financial management, and healthier eating practices.

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SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Achievement and performance - summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.

Summary:

The charity has made substantial progress in addressing social, economic, and environmental challenges, empowering marginalized communities and fostering sustainable, long-term change. Through impactful initiatives, it has equipped individuals and communities with the tools, skills, and resources needed to improve their quality of life and promote societal benefits.

Key Achievements :

Promoting Financial Resilience and Healthy Living :

• Cooking workshops taught participants how to prepare nutritious meals on a budget, plan meals effectively, reduce food waste, and adopt healthier eating habits.

• These efforts improved household finances, particularly during the cost-of-living crisis, while encouraging sustainable and affordable practices.

Fostering Environmental Stewardship :

• The Climate Action Leeds Project raised awareness about climate-conscious living, promoting practical changes such as energy efficiency, sustainable transport, waste reduction, and mindful food consumption.

• Participants learned strategies to lower their carbon footprints while addressing financial pressures, benefiting both individuals and the environment.

Encouraging Sustainable Transport :

• The “Learn to Ride – Learn to Fix – Ride” sessions, funded by the Big Bike Revival, taught participants essential cycling and bike maintenance skills.

•By promoting cycling as an eco-friendly, healthy, and cost-effective transport option, the project increased participants’ confidence, physical health, and participation in sustainable travel practices.

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SPRINGAID INTERNATIONAL DEVELOPMENT UK

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Celebrating Cultural Heritage and Amplifying Voices :

These initiatives have strengthened individual resilience, enhanced community cohesion, and promoted environmental and cultural awareness. By addressing immediate needs while inspiring long-term change, the charity continues to deliver meaningful impact and advance its mission of equity, empowerment, and sustainable development.

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SPRINGAID INTERNATIONAL DEVELOPMENT UK

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2024

Recommended categories by
activity
Notes
Income and endowments
from:
Donations and legacies
2
Total
Expenditure on:
Raising funds
3
Charitable activities
4
Other
6
Total
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted funds
£
Total Funds 2024
£
Total Funds 2023
£
18,705.79
18,705.79
13,905.00
18,705.79
18,705.79
13,905.00
12,242.57
12,242.57
11,542.03
2,155.00
2,155.00
6,047.97
1,272.87
1,272.87
-
15,670.44
15,670.44
17,590.00
3,035.35
3,035.35
(3,685.00)
3,035.35
3,035.35
(3,685.00)
165.00
165.00
3,850.00
3,200.35
3,200.35
165.00

9

SPRINGAID INTERNATIONAL DEVELOPMENT UK

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2024

Recommended categories by
activity
Notes
Fixed assets
Tangible assets
7
Total fixed assets
Current assets
Cash at bank and in hand
8
Total current assets
Total assets less current
liabilities
Creditors: amounts falling due
after one year
9
Total net assets or liabilities
Funds of the Charity
Unrestricted funds
10
Restricted income funds
10
Endowment funds
10
Total funds
Unrestricted funds
£
Total Funds 2024
£
Total Funds 2023
£
4,395.56
4,395.56
-
4,395.56
4,395.56
-
132.66
132.66
260.00
132.66
132.66
260.00
4,528.22
4,528.22
260.00
1,232.87
1,232.87
-
3,295.35
3,295.35
260.00
3,200.35
3,200.35
165.00
-
-
-
-
3,200.35
3,200.35
165.00

The financial statements were approved by the Board on 21-Jan-2025 and signed on its behalf by:

J A

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SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.2 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2 Income from Donations and Legacies

Analysis

General grants
provided by
Government/other
charities
Unrestricted
funds
£
18,705.79
18,705.79
Total
funds 2024
£

18,705.79

18,705.79
Total
funds 2023
£

13,905.00

13,905.00

11

SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

3 Expenditure on Raising Funds

Analysis
Incurred
seeking grants
Staging
fundraising
events
Advertising,
marketing,
direct mail and
publicity
Other trading
activities
Investment
administration
costs
Rent collection,
property repairs
and
maintenance
charges
Wages and
salaries
Staff costs
Support Costs
Total funds
2024

£
1,360.21
844.00
-
70.00
1,091.96


1,163.00
-
7,713.40
-
12,242.57
Total funds
2023
£

-

-

564.90

8,363.16

-

636.00

1,680.00

-

297.97

11,542.03

4 Expenditure on Charitable Activities

Analysis
Cost of services
Advertising and
marketing
Legal/professional
fees
Staff costs
Support Costs
Total funds
2024
£
105.00
1,630.00
420.00
-
-
2,155.00
Total funds
2023
£
-
1,220.00
1,920.00
2,610.00
297.97
6,047.97

12

SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

5 Support Costs

Analysis
Printing
and
stationery
Total funds
2024

£
-
-
Total funds
2023
£

595.94
595.94

6 Other Expenditure

Analysis

Other
Expenditure
Depreciation
Charge for
the Year -
Plant &
Machinery
Unrestricted
funds
£
174.00
1,098.87
1,272.87
Total
funds 2024
£

174.00

1,098.87

1,272.87
Total
funds 2023
£

-

-

-

13

SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

7 Tangible Fixed Assets

7.1 Cost or valuation

Plant &
Machinery
£
At 01 April 2023 -
Additions 5,494.43
Disposals -
Revaluations -
Transfers -
At 31 March
2024
5,494.43
7.2 Amortisation and impairments
Plant &
Machinery
£
At 01 April 2023 -
Additions 1,098.87
Disposals -
Revaluations -
Transfers -
At 31 March
2024
1,098.87
7.3 Net book value
Plant &
Machinery
£
At 01 April
2023 -
At 31 March
2024
4,395.56

7.2 Amortisation and impairments

7.3 Net book value

14

SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

8 Cash at bank and in hand

Total Total funds funds 2024 2023 £ £ SPRINGAID INTERNATIONAL 132.66 260.00 DEVELOPMENT UK 132.66 260.00

9 Creditors: Amounts falling due after one year

Total funds 2024 Total funds 2023 £ £ Accruals and deferred 1,232.87 - income 1,232.87 -

15

SPRINGAID INTERNATIONAL DEVELOPMENT UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

10 Charity funds

10.1 Details of material funds held and movements during the CURRENT reporting period

Fund names
Fund
balances
brought
forward
Income Expenditure Transfers Gains
and
losses
Fund
balances
carried
forward
£ £ £ £ £ £
Unrestricted funds
General Fund
165.00
18,705.79 (15,670.44) - - 3,200.35
Total
165.00
18,705.79 (15,670.44) - - 3,200.35
10.2 Details of material funds held and movements during the PREVIOUS reporting period
Fund names
Fund
balances
brought
forward
Income Expenditure Transfers Gains
and
losses
Fund
balances
carried
forward
£ £ £ £ £ £
Unrestricted funds
General Fund
3,850.00
13,905.00 (17,590.00) - - 165.00
Total
3,850.00
13,905.00 (17,590.00) - - 165.00

10.3 Transfers between funds This Year

Amount
£
Between unrestricted and restricted funds -
Between endowment and restricted funds -
Between endowment and unrestricted funds -
Last Year
Amount
£
Between unrestricted and restricted funds -
Between endowment and restricted funds -
Between endowment and unrestricted funds -

16