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2024-03-31-accounts

ON THE GROUND 2030

Charity No. 1193535

Trustees' Report and Unaudited Accounts

31 March 2024

ON THE GROUND 2030 Contents

Pages
Trustees' Annual Report 2 to 3
Statement of Financial Actvites 4 to 4
Balance Sheet 5 to 5
Notes to the Accounts 6 to 11
Detailed Statement of Financial Actvites 12 to 13

Page 1

ON THE GROUND 2030 Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1193535

Trustees

The following trustees served during the year:

N.N. Qasim A. Rahman

S. Rahman

Accountants

Meer & Co Chartered Accountants 1 Cochrane House Admirals way Canary Wharf London E14 9UD

OBJECTIVES AND ACTIVITIES

On the ground 2030 works for the relief of poverty and financial hardship amongst destitute individuals, orphans, and the homeless in the UK and Turkey, through the provision of basic supplies such as food, clean water, and clothes as well as crisis relief, orphan sponsorship programmes and the construction of buildings to be used as accommodation.

ACHIEVEMENTS AND PERFORMANCE

Over the past two years, we have actively sought out projects and established strong partnerships to expand our operations internationally. Through diligent research and collaboration, we have successfully built a solid foundation in Turkey, which will now serve as our primary hub for carrying out our work. This strategic move allows us to leverage local expertise, strengthen our global presence, and ensure the seamless execution of our projects in the region.

FINANCIAL REVIEW

The trustees have set a level equivalent to three months of operating costs for the organisation as a desired level of reserve.

PLANS FOR FUTURE PERIODS

Over the past year, we have made significant progress in our efforts to support communities in need. Our work in Turkey has continued to grow, and we have successfully carried out multiple aid distributions, volunteer deployments, and fundraising events. We remain committed to helping those affected by the recent earthquake and floods in the southeast, providing ongoing support to families as they rebuild their lives.

Page 2

ON THE GROUND 2030 Trustees Annual Report

In addition to our work in Turkey, we have expanded our efforts in the UK. Over the past year, we have organized various community events and challenges, encouraging public participation to raise funds and awareness. A key focus has been working closely with local councils to address homelessness, and we have made meaningful strides in providing support to those living on the streets.

Looking ahead, we have even bigger plans for both Turkey and the UK. More deployments, fundraising activities, and community initiatives are on the horizon. We are excited to continue growing our impact, working with volunteers, partners, and local organizations to create lasting change.

STRUCTURE, GOVERNANCE AND MANAGEMENT

ON THE GROUND 2030 was registered as CIO foundation on 15 February 2021. The charity is operated under the rules of its Trust Deed. The responsibility for the strategic management of the charity rests solely with the Trustees, who are selected and co-opted under the terms of the Trust Deed.

The charity may by ordinary resolution appoint a person who is willing to act as trustee.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

S. Rahman Trustee 30 January 2025

Page 3

ON THE GROUND 2030 Statement of Financial Activities

for the year ended 31 March 2024

Notes
Income and endowments
from:
Donatons and legacies
3
Total
Expenditure on:
Charitable actvites
4
Other
5
Total
Net gains on investments
Net (expenditure)/income
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliaton of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2024
£
14,978		 Restricted
funds
2024
£
2,000		 Total funds
2024
£
16,978		 Total funds
2023
£
56,385
14,978
8,102
23,219		 2,000
2,000
-		 16,978
10,102
23,219		 56,385
28,459
11,831
31,321
-		 2,000
-		 33,321
-		 40,290
-
(16,343)
-		 -
-		 (16,343)
-		 16,095
-
(16,343) - (16,343) 16,095
(16,343)
15,636		 -
-		 (16,343)
15,636		 16,095
(459)
(707) - (707) 15,636

Page 4

ON THE GROUND 2030 Balance Sheet

at 31 March 2024

Charity No. 1193535
Current assets
Cash at bank and in hand
Creditors:Amount falling due within one year
7
Net current (liabilites)/assets
Total assets less current liabilites
Net (liabilites)/assets excluding pension asset or liability
Total net (liabilites)/assets
The funds of the charity
Restricted funds
8
Unrestricted funds
General funds
8
Reserves
8
Total funds		 2024
£
843
843
(1,550)
(707)
(707)
(707)
(707)
(707)
(707)
(707)		 2023
£
16,286
16,286
(650)
15,636
15,636
15,636
15,636
15,636
15,636
15,636

Approved by the trustees on 30 January 2025

And signed on their behalf by:

S. Rahman Trustee 30 January 2025

Page 5

ON THE GROUND 2030 Notes to the Accounts

for the year ended 31 March 2024

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 6

ON THE GROUND 2030 Notes to the Accounts

Expenditure

Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Taxation

The charity is exempt from tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 7

ON THE GROUND 2030 Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 8

ON THE GROUND 2030

Notes to the Accounts

Income and endowments from:
Donatons and legacies
Total
Expenditure on:
Charitable actvites
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliaton of funds:
Total funds brought forward
Total funds carried forward
3
Income from donatons and legacies
4
Expenditure on charitable actvites
Expenditure on charitable
actvites
Governance costs		 Unrestricted
£
14,978
14,978
Unrestricted
£
8,102
8,102		 Restricted
£
2,000
2,000
Restricted
£
2,000
2,000		 Unrestricted
funds
2023
£
56,385
56,385
28,459
11,831
40,290
16,095
16,095
16,095
(459)
15,636
Total
2024
£
16,978
16,978
Total
2024
£
10,102
10,102		 Total funds
2023
£
56,385
56,385
28,459
11,831
40,290
16,095
16,095
16,095
(459)
15,636
Total
2023
£
56,385
56,385
Total
2023
£
28,459
28,459

Page 9

ON THE GROUND 2030 Notes to the Accounts

Employee costs
Motor and travel costs
General administratve costs
Legal and professional costs
6
Staf costs
Salaries and wages
No employee received emoluments in excess
7
Creditors:
amounts falling due within one year
Accruals
8
Movement in funds
Restricted funds:
Restricted income funds:
Zakat
Total
Unrestricted funds:
General funds
Total funds		 of £60,000.
At 1 April
2023
-
-
15,636
15,636		 Unrestricted
£
9,062
11,018
2,239
900
23,219
2024
9,062
9,062
2024
£
1,550
1,550
Incoming
resources
(including
other
gains/losses
)
£
2,000
2,000
14,978
16,978		 Total
2024
£
9,062
11,018
2,239
900
23,219
Resources
expended
£
(2,000)
(2,000)
(31,321)
(33,321)		 Total
2023
£
6,444
1,595
3,142
650
11,831
2023
6,444
6,444
2023
£
650
650
At 31
March
2024
£
-
-
(707)
(707)

Purposes and restrictions in relation to the funds: Restricted funds: Zakat

Page 10

ON THE GROUND 2030 Notes to the Accounts

9 Analysis of net assets between funds

Net current assets
10Reconciliaton of
net debt
Cash and cash
equivalents
Net debt		 At 1
April
2023
£
16,286
16,286
16,286		 Unrestricted
funds
(707)
(707)
Cash
fows
£
(15,443
)
(15,443
)
(15,443
)		 £ Total
£
(707)
(707)
At 31
Marc
h
2024
£
843
843
843

Page 11

ON THE GROUND 2030 Detailed Statement of Financial Activities

for the year ended 31 March 2024

Income and endowments from:
Donatons and legacies
Total income and endowments
Expenditure on:
Charitable actvites
Total of expenditure on charitable
actvites
Employee costs
Salaries/wages
Motor and travel costs
Travel and subsistence
General administratve costs,
including depreciaton and
amortsaton
Sofware, IT support and related
costs
Legal and professional costs
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net (expenditure)/income
Net (expenditure)/income before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliaton of funds:		 Unrestricte
d funds
2024
£
14,978
14,978
14,978
8,102
8,102
8,102
9,062
9,062
11,018
11,018
2,239
2,239
900
900
23,219
31,321
-
(16,343)
(16,343)
-
(16,343)		 Restricted
funds
2024
£
2,000
2,000
2,000
2,000
2,000
2,000
-
-
-
-
-
-
-
-
-
2,000
-
-
-
-
-		 Total funds
2024
£
16,978
16,978
16,978
10,102
10,102
10,102
9,062
9,062
11,018
11,018
2,239
2,239
900
900
23,219
33,321
-
(16,343)
(16,343)
-
(16,343)		 Total funds
2023
£
56,385
56,385
56,385
28,459
28,459
28,459
6,444
6,444
1,595
1,595
3,142
3,142
650
650
11,831
40,290
-
16,095
16,095
-
16,095

Page 12

ON THE GROUND 2030 Detailed Statement of Financial Activities

Total funds brought forward
Total funds carried forward		 15,636
(707)
 -
-
 15,636
(707)
 (459)
15,636

Page 13