REGISTERED CllARtTY NUMBER: 1198063 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR DISTRIBtTfiNG UNIVERSAL AID Prestons & Jacks1)ns Patthershw ILP 364- 368 Cranbrook Road llford IG2 6HY
DISTRIBUTtNG UNIVERSAL AID CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Report ofthe Trwt¢ 1 10 13 Independtnt Enmln¢V$ Report 14 stst¢mtTrt of Fijthaew A¢¢1 15 Bal•nc¢ Sheet 16 Notrs lo th¢ Flnand Statements 17 to 22 Dttslled Ststrment of Ffinand Acdvftl
REPORT OF THE TRUSTEES FOR THE YEAR E]ED 31 MARCH 2024 The tnJste¢s pres1 thcir rcptht with the financial statemcnts of th¢ thaTity for thc year end 31 March2024. Thc trustces have adoNl the prnvisions of Accounting and RewtiDg by Clwilie8.' Ststemeni of Recommend¢d Practice applicable to cbarities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Irelattd (FRS 102) (¢ffe£tive l January 2019). OBJECTIVES AND A1VITIEs Objeedvos and •lD To rclieve financial hardship among pr pcoplc. widows. orplwls and other people in need by means of. bul not. exclusively, making grants for providin8 or paying for it¢m4 equipmenL services and faGilitiC5. in¢ludi08 the provision of forf clean wattr. clothin& livelikKJod programn. costs for attending School and meA1]l treatment for the benefit of the said wsons. Publlc benrfli The trnstees confuin that they have complied with th¢ duty in seciion 4 of the Clwities Act 2011 to have due gard to public berAt 8UAdance publis1d by the Conulli8sion in th¢ aclivitic8 UDdertaken by the Charity. sTRucru GOVERNANCE AND MANAGEM Goverttlng document The charity governing d(Kuments is a CIO Foundation model LnStitUtion registered with the clwity comnussion on 25th Febnwy 2022. Thc clwity is coJ)trolled by its gov¢rniJ)g document, a deed of tru84 and constitulc8 8 Chitable Incorporatcd Or8ani8ation (CIO) as defitThl by Chwitie8 Act 2011. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Cknrlty nwnber 1198063 Principal addre41 Jhumat Hou5¢ 160 L4)ndon Road Barkiti8 Essex IGII 8BB Truste Luthfa Begum MaDsi)or Zia Khan Independent Examiner ADwer Patel BA{Hons) BFP FCA PTestons & Jack&)ns Partnership LLP 364 . 368 CTanbrwk Road nford IG2 6HY Page I
DUA CHARITY ANNUAL REPORT 20Z3/24 TRUSTEES WHO SERVED DURING THE YEAR M5 ROTh 8egum {Chr Leodj Mrs Llrtrfa Begum ITrustee) Mr ManxLY Klh3n (Truslee) REGISTERED CHARITY NUMBER 1198063 REGISTERED OFFICE 160 London Road Bart*rw. IGii 88B INDEPENDENT EXAMINER Prestons & Joc1S P(Ntwshp LLP
DUA CHARITY 1198063 DIJA DISTRIBUTING Annual Report 2023-2024
TA8LE OF CONTENTS 2 DUA PRIORITIES Necessities & LivelihOodpK Edticolion Support Medicol Support Addrtiornl Cn"teria fyant M¢)nitorv LEGAL FRAMEWORK Policy Sroiemeni c)verning Lkxumeni ORGANISATIONALSTRUCTURE DUA CHARITY Sri Lonka Burmo Morocco
PAGE 02 DUA PRIORITIES MAKING A DIFFERENCE WITH OUA DUA Chafity Is d•dlc•t•d to suslJin•blg d•v•lopm•nl. focusing on •ss¢n¢iJl n••ds such as water, food. sholter. heJlthcai•. and •ducatlon for marginalis¥td eommunilis. or9anlsation 15 commttt•d to supporting orphans and childr•n. asslstlng indlvlduz41s in s•curlng •mpioym•nl. •stab(lshlng livelihoods. and provlding vllal knfe sk1115 to the most dlsadvjntaged. A key èmphasls Is addr•$5ing th8 chalL•ngÈs fac•d by orpharsed children. striving to prolecl Ihem fiom abuse and èxploltalion through the orphan sponsorshlp programme. LMJA Charity s••ks to provKl• •dvcatiofi. ¢•r•. and necessStS•s for orphaned childrèn. ollerlng donors the opportunily lo mak• posltlve bmpact on their Ilv•s. Bgyond orphan sponsorship, our organisatlon addresses lh• root cJus•s of pov•rty by supporting inlllailves thal cr•at• •mployment oppoilunitie5 and build suslainabl livèlihoods lor famlll•s. Through lh• provislon of •ss•ntlal Ilf• skllls and thCaln. DUA Charily •mpow•is disèdv•niag•d communlllgs. Jlmlno to br•ak th• cycl• of poverty and fost•r suslalnabl• futur•. Th• ovèrarching vision Is lo ¢r•ai a world wherè averyone has accoss to •ss•nlial n••ds atKI the ¢)pportunTrty to bulld a belt•r Iifv f¢x th•mselv•s ond Iheir famllles. makino • lastirtg impact on th• ¢ommunltl•s th•y TrYghout Ih èar. WA knpxtfu ts ¢¥La global saJ. deinonsiraling a Ctsnmitrnenl lo supporting Ih05• In d and pro¥lding CfLiFlai r&li( clurin9 tknes ol dlsaster: Nofably. th• I•y•d a rftal iole in r*sffth.,9trf ertleroencies such lTrie eaTlhquak&l in Mo cco an<J Iha cytlort siwm in£urr¢ta delivèring essenti& aid aThl ass15tance lo allecl•d c¢)mmiinit¢e5 Irp dition to theFe T•liof eflorts. DUA Charity has e uted proj•ct5 in Sri Lanko using on susl.Ilnabi• devèlopniènl irtillèiivès th address Long-t•rm challen9ès and conifibiile to Ih•-wdl-¥ÈN) of local powlalions. The diverse efforts iinder5core rgaThsaiion's de4dication lo making a r)ositive difle¥ ce in varioLES le9$. bolh in s Dr crisis and tttrÈugh ongoin9 evèlopment projects.
PAGE 03 PRIORITIES Necessities & Llvellhood Support The trustees are keen to supporl poor with gtants lor food. clolhing and necessltles and establish livellhoods.. Crlteria.. The benefl¢iary has lo be residing in a poor vlllège. oi an area affècted by a nalural disaster Those widows who have no source of income or very low Income will be prioritised Those who have a large number of dependenls and do not havè sufficienl income to meet the costs for basic necessities will be supported. Those Ihal apply or are identified by the local representativè. should have their income Status verified by vSsiting the lrtal village elders or local councillors or local professionals such as doctors_
PAGE 04 PRIORITIES Educatlon Support The trustees are keen to give grants lo orphans and poor people lo access lo school. Criteria: The person resides in a poor or rural village Those persons who have no source of income or very low income will be prioritised The person is known to the loeaL village elder5 or officlals who can verify Iheir status of not having sufficienl income lo meet the costs of attending the school or training centre
PAGE 05 PRIORITIES Medical Support The trustees are keen lo support those suffering from infections and minor ailment5 to acc¢ss Irt¢ mèdical trèalmont Ivia medicines) which they would nol afford. Criterla.. The person rosid95 in a poor or rural village Those persons who have no source of income or very low income will be priorllised The person is known lo the local village elders or officla15 who can verify their status ol not having sufficient income lo meet the cosls of medical treatment The person has a medical reporl from a hospltal or doctor verifylng their need for medical treatment Additional Crlteria All prospective beneliciaries will undergo checks on Ihe sanclions register lo ensure thal they are nol sanctioned. An open source check wlll also be carried oul lo ensure that there is no controversy surrounding the beneficiary and Ihal the support of the organisation will not put the reputation of the charity at risk. Referees wlll be required and followed through for new beneficiaries.
PAGE 06 PRIORITIES Grant Monltorlng All grantees will be subject lo visils by the Local Repies?nlative to onsure th81 the grant has been spenl in accordance wlth Ihe terms ol the grant. For education grants. the Local Representative will visSt Ihe educational eslablishment to ensure that the grantee Is enrollèd and attending. In March 2015 the govèinment updated ils interageney guide for safeguarding and promoting the welfare of children.. Working Together to Safeguard Chlldren. thls document oulllnes the nggd lor community groups to be aware ol tholr fesponsibilities for safeguarding and pfomoling the welfare of chlldren how they should respond to chlld protection concerns and how lo make a referral to local authorlly ¢hildren'5 social care OT the police If necessary. AII DUA slalf, volunteers and Organlsation5 we support who have contact wlth chlldfen and young people will bè made aware of this responsibility. DISTRIBUTING
PAGE 07 LEGAL FRAMEWORK MAKING A OIFFERENCE WITH DUA DUA policy h•$ be•n drJwn up on lh¢ bjsis of law and gulthnce Ihat seeks to protect childron. Includino.. UN Convgnllon on th Rlghts of th• Chlld Th• Chlldr•n's Acl 1989 Workin9 Togther to S•f•9u•rd Childr•n 2015 DVA rKognls• that: The welfar• ol Ihe chlld is paramount. as ènshrined in thé Children Acl )989 • All children. fOgaidl•ss of age. dlsab61ity. gènd•r. racial hèritagè. rèligious bellèf. sexual oiienlalion oi idontily have J right lo equal prot•ctton from all typès of harm or abus• Some chlldren are addltlonally vuln•rabl• b•¢ausg ol thè impa¢[ of pr•vlous exp•rienc•s. th•ir l•v•l ol dwnd•ncy. communication n••ds or oth•r issues Workin9 in paitnership wllh children. young people. their parenls. earers and other •gen¢les is essenlial in promoting young people's welfare Soclal Sèrvl¢•s and WellbÈlng IWal•sl Acl 2014 Scoltlsh Gov•inm•nt 12014) Natlonal Gyid•nc* lor Child Prol¢ction In Scotl•nd The Human Rights Acl Th• Code of Fun¢Jraisin9 Pra¢ti¢t The General Data Piolectlon Regulallon Pollcy stat•m•nt: DUA is commillèd lo the prolectSon of chlldren and lh8 saf•gL4ardlng of their welfarè. W• ar• lotally commitled to the rl9hl of all chlldr•n to grow. develop and thriv• in a safe. carFng environment Prolecl¢ng children from abuse is art integral part of Ihe policy and inlflrtsic lo th• Chaiily objeclives. Go¥•rnlng do¢um•nt: Dislributing Unlversal Ald IDUAI was formed In February 2022. It is règistèred with the Charity Commi55ion under re9lStration number 1198063. The DUA financial account officially opened in DÈc•mber 2022 wilh Lloyds bank DISI"KIBUTING
PAGE 08 ORGANISATIONAL STRUCTURE MAKING A DIFFEkENCE WITH DUA Th• charlty trusleos pl•y a F4¥otal rol• In •nsufing ttt• ov•rall conlrol and eff•ctive m•nagèmènt of th• charltabl• organisation. As de('coled individuals committ•d to th• mlsslon and objecllv•s of the charity. Ihe trustèes willingly conlribute their time and experli$• without rKeiving any r•muneiatlon or IlnanclaL bènèfits lor Ih•ii s•rvice Th• trust••s. acllng coU•clively as • governin9 body. conv•n• at least onc• a y•ar to dglib•iJte on matter$ inl¢gr•l to th• charily's op•ralion. During ¢h•so m•etings. they Jssumè rèsponslbillty loi maklng cruclal decislons perl•ining to the ovèrall managoment ol the charlty. th• community facilities il ov¢rsèes. and the varlous activilios il provides lo th? ¢ommunily. Th• commitment ol th• twslegs exlgnds beyond annual m••lings. as they remain actlvely en9ag•d In ongolng declslon-maklrtg procèssès. Whilo the trustoes relain ulllmalg responslbllity for the ¢harity's dir•clion. Ihey wlsely delogate the day.to-day management ol th• charily. communlty facilllies. and spétific projÈcls to designat•d trusteos Thts d•l+gatlon •lLows lor a moro efficlenl and sp•clalls•d approach lo the dlv+rs¢ aspgcls of th• charity's op•ration& Thg d8signaied tru$t••s •ntrust•d with day-lo-day managomenl carry out their responsibllitiès with • locus on tho charity's obieclives and the wvll-b•ing of the tommunitiès il serv•s. They navigale the inlricaeies of daily opèrations. ènsurlng that Ihe charlly's resources afe optimally utiLls•d and that its activities align wilh its mission. The selllgss dedic81ion ol lh trusl¢•s. ttt•ir voluntary servlce. and Ihoif Stralegic oversight ¢ollctivèly contiibule to th• succ•ss and impaci ¢1 the ¢harity. This gov•rnance structuro reflects commitm•nl to lianspar•ncy. accountabilily. and Ihe effeclive utilisation of rèsources lo lulfil the charity's overarching mission ol making a positive difference In Ihe community. DISTKIBUTING
PAGE 09 DUA CHARITY MAKING A DIFFERENCE WITH DUA In 2023-2024. DVA Charity •mbarkd ¢)n a year ol m•aninglul inilialiv•s. d•dicated s•rvic•. and compassionat• oulrèach across diverse re9lons. Our Incredible voluntgors worked lirolossly throughout th¢ yar. makin9 J significant impact on the lives ol those lacing hardship around Ihe globe. Our commilmènt to uplifling communilies involved humanilarian Jid efforts and suslainablf water prgJe¢ls. addrs5in9 ¢rili¢al needs and showcaslng oui unwavering d•dicatlon to communlly well. belng. Our •lforts extended to Sr5 Lanka. where we took a hollsllc approach by nol only m•ellng suslenance n•ed$ but also focusln9 on educatlonal requirements. i•inforcing our dedlcatlon lo comprehensiv• community dev•lopm•nl. Our effoits eonlinved in Bumia. demonslraling our commitmenl to immedlate post.slorm ro11•l and layin9 ihe gfoundwork for long-l•¥m well-being Ihiough sustalnable watèi aecess. Our •ffcliv• emergèncy r#sh$• in M¢io¢¢¢ bncludtd essgntiJl support to alfgcled familigs and ) locus on the welfare of vulnerable populations in orFthanaggs. highllghllng our dedlcatlon to providing compr•h•nsiv• aid and foslering community w•llaro. Throughout the yèar. DUA Charlty's •nd•a¥ours r•fl•clÈd a d•op ¢ommltm•nl lo m•kln9 a ptssltiv$ and lastin9 dilf•w•nc• in th• liv95 of Ihos• wo 59rv•. DISTRIBUTING
PAGE 10 DUA CHARITY MAKING A CMFFERENCE WITH DUA SRI LANKA DUA Charlty •xt•nd•d Its humthllarl•o) •fforti to Srf L. lo¢uglng on •u•nllal ald and •du¢•tlon•l support In rural ar•as. R•mad•n Ald Dkntrlbutlon: The DUA l•am poured thelr hearts inlo providing os$•ntial ald. distrlbutlng food pack$ 10 75 l•mill•s in Sii Lankan villagès. Thls Inltlatlv• dir•clly touched Ihe lives ol around 450 indlvlduals In rural areas, ensuring thèy had SUSienane• durlng th• sacred month of Ramadan. With ••¢h lamily unlt conslsllng of apwoximal•ly 5 10 8 ¢Pl. th•sè loo<1 provislons h•d a profound impacl on the local ¢ommunili•s. Educatlon Support lor Lo1 1)1. Recognising the prossing ne&cl for èducalional IOrceS. DUA Ch•rity identinèd and •$tJbllshed connectlons wilh J local School. By ¢oLlaborating with the school authoflties. Iht go•1 w•s to understsnd educatlonal deflclencles and requiremenls. Thls stop was crucial In ass•sslng how DUA could eflecUv•ly ¢ontrbbul• to bridglng e(kncatlonal gap5 in Ihe Communily. Th• Inltl•tlv•s und•rtak•n In Apyll In 1 Lnk• •¢1 DUA Ch•rlty'4 ¢•mmltm•nt io not only provldSng •lS•ntl•l •t•n•ne but also •ddrosslng th• •ducatlonal n•eds of l9¢41 £ommunltl••. Thls und•rscor•s th•lr d•dlctlon to hollstk ¢ommunlty d•¥•iopm•nt, slwweasln9 • thoughtlyl and carlng •pproa¢h to maklng R mèartlnglul ImpKt.
PAGE li DUA CHARITY MAKING A DIFFEAENCE WITH C)UA 8VIIMA DUA Chaffliy whol•h•rt•dly d•dkt•d Its •Horts to proyldlnu vltl tanc• In Burma, ftscusln9 on •m•rg•n¢y r•U•l In r•sPon to th• aft•rnth of th• •rnl dl•a•t•r. Storni Moch& And s¢•1•b(•. uf• ¢)mmynlty v•t•r Inltl•tl¥•& £m•rg•ncy R•ll•f Post-storm: In the face of the devastation caused by Storm Mocha. the DUA tearn 5wlflly moblused to dislrlbute essential lood supplies to thosè affected. Th• distril)utions wèiè aimèd •1 aiding individuals and familie5 lrnpacted by Ihe slorm. providing cruclal suslenance durlng Ihe aftermath. DUA Charlly promplly dispalchod essential f¢)od suppll•s to h•lp individuals Lofl strand•d wlihoul maans in lh• wake ol th• slorm. slriviftg lo alleviate imm•dial• hJrdships. Following th•s• bnitlal r•lig1 m•Jsur#s. the charlty suslained its commilm•nt by facilitating addltional donations lo support aff•cled individuaL5 in thèii efforis lo rebuild and restore normalcy. Ongoing support was extended tg aid In the rebullding •lforts. almlng to asslst Ihe alfect•d commvnities In Ih•ir recovery p¥oc•ss. C•rnmunlty W•t•r Inltlatlv•A'. R•eogni5ing the importance of accoss to clean water and •iming for lon9-teim suslainability. DUA Charity initbated efforts to establish hand tube wells for communal use. These wells were specifically designed to caler lo famlties Ilvlng togethei in close-knlt community setllngs. By Implementlng these ¢ommunaL wat•r sourcès. thè goaL was to pro¥5d• sustainabl• and accessibl• wat•r solulions for Ihese communities. ensuring a relloblè supply for their daily needs. Throughout June and July. DVA Charlty shov¢•sed Its unv•verfng ¢•mmltment to Immedlate r•Llef post-storm Mocha In Burn. Concurr•ntly. the focus on •stabUshlng suslalnabio w*ter ac¢•$s lald th• groundwork for th• long-t•rm w•ll-b•lng of •ffKt•d communltl•s. •mphaslslnB th• lrnportance of endurkng 501uUons tor •6s•ntlal Ior¢?. '4•4
PAGE 12 DUA CHARITY MAKING A DIFFERENCE WITH DUA MOROCCO DVA Ch•rlty dlr•cl•d Its •tforti towards off•rlng •m•ry•n¢y ¥•ll•t and support In Morocco, partl¢ul•fly In th• aft•rni•th ol an ••rthqu•k• In lh• Al Mtwntalns. Atl•s Mount•ln Erthquak• Em•rg•ncy R•ll. Following th• 4arlhqvak• in Ihe Atlas Mountain5. Ihe OUA l•am play•d a pivotal roL• ov•rs••lng the distr1tIon ond donjtion proc•ss. Thr f¢xus was on a55t$llng 80 d•stitut* lamlllès aff•ct•d by thè •arthquak•. Through thou9hlful distributlons •nd donations. ttte team provided essenlièl SUPPOIt. addie551ng Imm•diat• nd$ and strivlng lo help th•so f4mili•s durln9 a challenging period. Orph•n•i• Asilstanc• In Mwrnk•sh: Acknowledglng Ibe vulnerabl• silyation ol eiphana9es in Marfak•sh. the DUA team made dedlcatèd visits to eonnèct with these instltutions. Essential supplios such as milk. napples. and other necessary Ilems for inlants and young chlLdr•n In th•50 oiphanaggs were donaled. This •lforl almed lo olfor substanual asslslanc• and cale for the most vuln•r•bl• m•mbors of thesg Instltutions. ensuring Iheir immediato n••d$ wèr• m•t. Th• 5nltlatl¥•s In Mowocco durlng O¢tob•r vlvldly portray•d DVA Chrlty's ¢ommltm•Dt to r•spondlng •ff•¢tlvely to •m•rgen¢l•s and provldlng •ss•ntlal •upport to •floclod lknilll• Slmult•Mwsly. th•r• was a k••n focus on th? w•lf4r• Ot vuln•rabl• popuiallons In orph•nJg•$, show¢a6lng th• charIt$ dedlutk>fi tts •ddr••slng th• dl¥•rs• n••ds of ¢¢)mmunltl•• In tlm•s ol
REPORT OFTHE TRUSTELS and 8iglled on its E¢&olf by. Page 13
INDEPEIWENT EXAMINERIS REPORT TO THE TRUSTEES OF DISTRIBUTING UNIVERSAL AID I report to the clty ITU8tees on my examilon of the accotmts of Distribuling UDiveT8d Aid (the Trust) forthe year ended 31 Mrch 2024. Reiponllbllttlts nd bwli of rq)ort As the charity trustee8 of the Tn you respo11¢ for the rntion of the accounts in aw0rdall with the requirem of the Clwilies Act 2011 Ilhc Actg. I re[ in rupecl of my ¢xamination of th¢ Tn,5 accounts ou¢ undcr Se¢tion 145 of the Act alld in carrying out my Cxaminatson I bave followed all applicable DI(10n8 Sive by the C]wity Cotiytiis$ioD uDd¢r Section 145{5)(b) of th¢ Acl. IDdependeDt exam1Dei rtateme•t I have completed my examination. I confirni that no nter1 matters have com¢ to my attention in connection with the eXaMi110n 8ivitig me ¢ausc to beli that in any material respeL: accounting re¢onls wue nLrt ID le81 of the Tru61 as required by Se&Xion 130 of the Act. or the accounts do oot accord with those rOrdS. or th¢ aLYounts do Dot wmply with the *wlicable Tequirnents eonccrnwB thc forni and content of accounts s¢t out in the Charities (A¢couDts and kq) Regulations 2(K)8 othcr than ally requirement that th¢ accouw gi a true and flir view wbtcb is a matter c0ti8idtred as part of an independent I have no concerns and have come across rK) (rther matters in conotIOn with the examiution lo wljich attention should bc drawn in thi8 re ID oth to eMblc a propcr undcrstandin8 of tbc •e¢ounts to be Teached. ADWW Pat¢1 BA(Hon8) BFP FCA PSt08 & PaTtithp lJJ• 364. 368 Cranbwc¥)k Road llfoTd 102 6HY 01 Page 14
DISTRIBirriNG uNERSAL AID sTATEmEr OF FINANCIAL AcfIvTTIES FOR THE YEAR ENDED 31 MARCH 2024 Peri1 25rn22 Year Ended 3113124 Unrestricted Restricted Total fund fund funds 3113123 Total Note8 DotionS and l¢gacies 27 3.390 EXPENDITURE ON ChArltiblÈ *rtlvitks Charilable Activity 14 17 898 IYET INCOMFJ(EXPENDITURE) JOJ92 {l,(M} 9992 2,492 RECONCILIATION OF FUNDS TO1 fiumts brougbi foTw8rd J.492 2A92 TOTAL FLfNDS CARRIED FORWARD The notes forni part of these financial statements Page 15
BALANCE SHEET 31 MARCH 2•24 31J24 31.323 Cash at bank 1792 (3) 1492 r4rr SET8 12 2.492 io 12084 1,492 ..a.k...Qj.....20-- Tru*oD É (ns QLirf'I @e9 Page 16
DISTRIBUTING UNIVERSAL AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basts of prepArfn8 the flDDcIAI statements The financial ststements of the charity. which is a public bcncfit entity under FRS 102, have been prepared ia accorthe with the Clwities SORP (FRS 102) 'Accounting and Reporting by ChaTiIi¢s,' Statement of Recommerthd Practic¢ applicable to cknties prew1 their ae¢ounts iti accordanee with the FiDawial Retxirting Standard applicable in the UK and Rq)ublic of Irelaud (FRS 102) (effe£tive l January 2019).. Financial Rcwliog StsndaTd 102 The Financial RertIng Standard applicable in the UK and Republic of Ireland, and the CJiaritic8 Act 2011. The fitlancial statemenls statory Inform•tk)m Distributing Univcrsai Aid IDUA) is a charitable iDcorporaied or8anisation (CIO) rc8iStered with Charity ConuDission in F81alld and Wales. The rcgistqed offi¢¢ addr can be found at the infornjalion pagc. Inrne All income is Te¢o80iI in th¢ StatfflDCDi of Firwicial ActiVAties once the charity entitlement to the fill8, il is pwbable that the incoJDC will bc rcceived and the amount can be measured reliably. Liabilities are recognised as expenditu as soon as thcrc is a Ic8al or constructive obli8alion mmitting the c1ty lo that expenditure, it As probable that a traD81¢r of economic beDefits will be Tequired in scttJ¢ment and thc amount of the obligation mwurcd rcli?bly. Expendity i5 acwuntcd for Oll an ¢rualS basis and has been Classifi under hcadings thai aggrycgat¢ all cost related to the ¢atrgory. Whcrc sts cannoi be dIr11Y attribut to partiadaT hc4dings thcy ha Ix¢n atli)utcd to adivities OD a basi8 CODsislcnt with the use of resources. Gr8nt$ off¢rtyJ subJt to wndition5 which bave not been met 8t the year end date are no(ed 88 commitment bul not accrned &8 exrKndityre. T*xatloD The chariiy 18 cxcmo from tax on its cTrwitable activities. Fund accouDtIDg Unrestticted futKts can be used iti attodance with thc charitable objectives at the discretion of the trnstees. Restricted funds can only be used for porticular r¢strictd purwsc5 within the objects of the clwity. Restrictions arise when spxifia by the donor or when are raised for particular restricted purposes. Furtber explanation of the nature and purpts of ea¢h fund is included in thc note8 to the financial statements. Pag¢ 17 lX)ntinu1...
DISTRIBUTING UNIVERSAL AID NOTES TO THE FINANCIAL STATEMENTS- eonllnlled FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACIES Pwiod 2512122 to 3113123 Year Ended 31rJ124 Ikjnations 27 CHARITABLE AcfivTfiFS COSTS funding of activities (see note Direct Costs Supwrt rA)sts Totals CIwAtabl¢ Athivity 17 GRANTS PAYABLE Period 2512122 to 31/3123 Year Ended 31on4 Clwitable Adivity Th¢ tthl grants paid to institutions durin8 the year w&8 as follows: Peri 2512122 to 3113123 Y¢•r Ended 3113124 mor¢0 BuTma BaDgladesh Sri Lanka 2.400 3A57 855 624 Page 18 continued...
DIsTRIBlG UNIVERSAL AID OTES TO THE FINAIYCIAL sTATEmEs - conthiued FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES, REMiINERATION AND BENEFll3 There were no trustC¢S' Temuneration or other benefits for the year ended 31 March 2024 nor for th¢ peri(xl eTMled 31 Mwrh 2023. Trn8tets' expen Thcre wcrc no tnjstS, expens pid for the year ended 31 March 2024 nor for the period cndcd 31 March 2023. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES 31J2023 Unrestricted R&strictcd fuDd fund Total fiu)ds INCOME AND ENDOWMENTS FROM tk)nations and l¢g8cies i.0 EXPEND ON ChArltsble Ictlviil Charitable Aclivlty 898 898 NET INCOME 1,492 2,492 TOTAL FUNDS CARRIED FORWARD Kcy Management Personnd MprIsed of the Board of Trus¢¢¢s. Page 19 continued...
DISTRIBUTING UNIVERSAL AID NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 31J24 31.3.23 300 ANALYSIS OF NET ASSEfs BETWEEN FUNDS 31J.24 Total funds 31.3.23 Total fiu)ds 12N4 12,884 400 2,792 Current liabilities 2,492 10. MOVEME IN FUNDS Net movement in funds At 3113124 At 114r23 Unmtslrted fundi 1092 10,992 12,484 Re8trlcted Restricted Funds (1,[0) TOTAL FUNDS Ncl movement iti fiu)d& inchukd in the ave are ag follows: Inrning Resources Mov¢mfflit resources expended in funds Unrestrlcted General fvnd 2506 (IV14) 10.992 RHtslcted funds Restricted Fuo(ts (2,no) (1,000) TOTAL FUNDS 27 17 Page 20 continual...
DISTRIBUTING UNIVERSAL AID OTES TO THE FINANCIAL STATEMENTS. eontinued FOR THE YEAR EYDED 31 MARCH 2024 10. MOVEME IN FUNDS- conthiued Comparatives for movement ID tsDds N¢t movement in fimds At 3113123 Unrestrlcted fvnd8 1,492 1.492 Reltrlcted fun Restricted Funds TOTAL FUNDS 2,492 2,492 Comparative net movemettt in fimd4 iticluded ID the aixive are as follows: Incoming Resources Movement resour expended in fi]nds Unrejtrlcted hndi G¢n¢rnl fiuMI 1390 (898) 1,492 Rejlricted fuDd• R¢strict¢d Funds I,ooo TufAL FUNDS 3JgX) 898) Page21 continued...
DISTRIBirriNG UNJVERSAL AID NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2024 11. RELATED PARTY DISCLOSURKS Therc weTe no rclata party transactions for the year 31 Marth 2024. Page 22
DISTRIBUTll¥G UNIVERSAL AID DETAILED STATEMENf OF FINANCIAL AcfivITIES FOR THE YEAR ENDED 31 MARCH 2024 PeTiod 251Y22 to 3113123 3113124 Domtions legad DonatiODS 27 3,390 Tot1 ID¢omlng resourc 2726 3,390 Cbaritsble Activities Advertisin8 Eveni Costg Trnvellin8 ExpcDsc8 Gr18 to institutions 337 27 333 12,601 27 Support t1% Management Ral¢s and WAter Postsge and slationtty Sundries Subscription Costs 2,285 571 70 3,972 571 IDfomatlon teclwology Expenses 561 GovernD¢e Costs I[epend¢llt ExaMition Fee8 898 Net Income This page does not forni wt of th¢ StatOry fjnancial statancnts Page 23