Charity registration number 1198699 (England and Wal￿>
OLIVE BRANCH AID
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

OLIVE BRANCH AID
LEGAL AND ADMINISTRATIVE INFORMATION
Trustoès
K Coltage
L A Palmas
C Christodoulou
S Moss11)S
A R Popescu
S H Antoniou-Pammènt
Charlty number
1198899
PrlncSpal address
Arch 848
Ptsrtslade Road
London
SW8 30H
Independent examlner
JF FrancAs Lld
Fran<J$ Hou$e
2 Park Road
Bamet
Herts
EN5 SRN

OLIVE BRANCH AID
CONTENTS
Page
Tnjstees. Annual reFX)rt
Independent Examinefs report
Statement of financjal activities
Statement ol financjal p0S￿On
Slalemenl ol ¢a$h flows
Notes lo the fin¥n¢ial stslem¥nl$
10-17

OLIVE BRANCH AID
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report wrth the financial statements of the chanty for the period ended 31 st March 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recomrnended
Practice applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 {effectNe 1 January 2019).
FORMATION
The chanty was registered on 22nd April 2022.
OBJECTIVES AND ACTIVITIES
Providing relief lo those affected by povety through..
11 The ¢olle¢tion and (Jislribution ollood par¢el$ and other ess&nli81 products.
21 Working together wilh olh&r ¢haiiti¢$ of Similar purpose.
Publ1¢ b•n•flt
The trustees are all familiar with and have regard to the Charity Commission guidan¢&'Th& E$$¥ntlal Tru$t8è'. what
you need to know, what you need lo do, as well as Ihe guidance on 'Public Benefil"
ACHIEVEMENT ANO PERFORMANCE
Charltable actlvltles
Olive Branch Aid IOBAI delivered it5 objectives primarity through the work of a dedicated group of unpaid
volunteers, how*ver on 1$1 November 2024 OBA employed its first paid $tsff m*mb¥r, a part tim¥ Foodbank
Coordlnator.
The Coordinator's role is prinupalty to work wlh the Trustees to manage and coordinate the activities ol the
volunteers.
The provision of food parcels continues lo be the CO￿ activty for 08A. In 2024125 a total of 3,558 weekty food
parcels were distributed (o households. This provided the equivalent of one day's food support to just under 70,000
people.
OBA however ￿ntInued lo refiect ils aspiral*)n lo be more than • food bank by providing a range of other services
for servi¢è users. Th8$e induded wellbeing c25ework, donabon$ of household good5 and Supporting othei
organisations wth similar aims. OBA continued to provide iegulai food parcels to familiès and individuals in need
throughout thè year. The food parcels were tailored to reflect the size and composition of each household and
sought to take into account dietary and cuttural requests where possible. Some of these parcels were delivered in
person using a group of unpaid volunteer delivery drivers. The ￿Ma1nder ol the parcels We￿ collected by the
service users themselves.
Services User5 were referred from several organisalions to 08A. In addilion to individual household5. OBA also
supports thre8 schools. OBA work5 closety wrthin the London boroughs of Lambeth, Wandsworth, Southwark and
Croydon.
OBA distnbuted parcels in the accounting period that provided a day's food support for the equivalent of MO￿ than
70,160 people. Although the number ol people helped was onty very slighty up on the p￿VIouS year, the number of
food parcels provided was up by 30% because the average household size that OBA helped during the year was
significantly smaller than the previous yeai. In 2024125 OBA helped wilh a lot more single person and person
households.

OLIVE BRANCH AID
TRUSTEES, ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
OBA also provided an adhoc clothing and household goods recyding seMce for service users. Examples of
donated goods forwarded onto service users free of charge included bedding, Child￿n'S toys, cooking utensils and
other adhoc items.
OBA provided a free wellbeing case WO￿ silPPOrt servir*. This ser¥icE was delivered through telephone calls and
face lo face meetings.
OBA provided wellbeing support to 178 household$ in the accounting peiiod. Afrnost 50rA of this support was for
cornplex case5 that involved long terrn support. frequentty requiring fflany phone calls and visits tts our office with
many hours working on each case lo help each seNice user. Examples of Ihe type of issues seNice users we
supported with included advising on Imminent eviction notices which ￿Sutte￿ in successfully halting eight evictions.
We also helped Servi￿ users wrth debts issues. long temi housing di$￿pair daims and domestic violence support.
OBA received non-financial donabons of food producls from a ¥aiiety of partner organisations and also one off
donations during the accounbng period.
OBA lunclions under the ae9is of the Greek Orlhodox Ar¢hdio¢ese ol Thyateira and Great Britain but provides ils
various services to seNiee users of all faiths as well as-no farth. seNice users alike.
In addllion lo th* o¢hl8v&ments notgd above OBA a¢hievements in the last a¢¢ounlin9 also in¢luded'.
Secured funding from the US lo employ h¥0 pa￿ posth.ons and contribute to overheads of premises. As
noted above. 08A appointed the Foodbank Coordinator on 01 November 2024. (The second position,
Foodbank Manager, was appointed during the 2025126 reporting period)
OBA appointed Peninsula lo provide HR Support
08A wa$ dèlwhl¢d lo recèiv& a vi$rt from Hi$ Excellency, H￿h Commi$$ion&r ol the Republic of Cyprus, Dr
Kouros and the Consul General. Mr Odysseos in ju￿ 2024
The Chair Sonya Antoniou*amment was invrted ty Ihe Cyprus High Commissioner, Dr Kouros 10
represent OBA at to a reception at Sl James Palace hosted by their Majesties in October 2024 in
recognrtion of the work done by OBA
Appolnted JF Frands as an indèpendent examkner
OBA hosted a three Corporate Volunleer days in 2024r25
OBA h03ted a number of schools as part ol ritrienship programmes to talk 8boul food poverty
08A was supported by a cwjorate fundraising on our plalfomi and a donatSon and food goods for
Christmas 2024
OBA collaborates wilh the Famity Volunteering dub wth three events tsking place at OBA lo help them
leath kids about citizenship. the value of volunteering and food povety
Sv¢¢e$$lul plattorn lundr8i$8rfor a ¢ommeiiial freèzei in this finanaal year
OBA continued to re￿Ne a signfficant number of referrals from local schools
Continued to manage all our finanryal donations through an online donation page (Goodhubl that is
regulated by the Fundraising Regulalor.

OLIVE BRANCH AID
TRUSTEES, ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing docum8nl
The Charity is Controlled by ils constilubon. and constitutes 8 Ch8ritsble Incorporated Organi5ation ICIOI registered
by the Charity Commission.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The chanty trustees are as follows and are appointed for Ihe following tenr
S H Antoniou-Pamment- appointed for 4 years lappoinled 22 Apr 20221
A R Popescu appointed for 3 years (appointed 22 Apr 20221
Father C Christodoulos- appointed for 4 years (appointed 22 Apr 20221
LA P81rn85- appointed for 3 years (appointed 22 Apr 20221
K Cott8ge- 8ppoinled for 3 years (appointed 22 Apr 20221
S Mossios - appointed for 4 years (appointed 22 Apr 20221
REFERENCE AND ADMINISTRATIVE DETAILS
R•gl8ter•d Company numbor
CE028843 (England and Wales)
Reglotered Charlty number
1198699
R•gl8t•r•d offlc•
Arch 648, Portslade Road, London SW8 30H
K Cottage
LA Palmas
C Christodoulou
S Mossios
A R Popescu
S H Anloniou-Pamment
The Trustees, Annual report was approved by the Board of Tnjstees.
S H Antoniou-Pamm6nt
Trustees
8 December 2025

OLIVE BRANCH AID
STATEMENT OF TRUSTEES, ANNUAL RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees are responsible lor preparing the Trustees, Annual Report and the finanaal statements in accordance
with applicable law and United Kingdom Accounting Stsndaids (Uniled Kingdom Generally Accepted Accounting
Praclicel.
The law applicable to ¢harttie$ in England and Wdles requires the Tnjstees lo prepare financial 5t8tements for e8th
financial year which give a true and fair view ol th8 State of affairs of the charty and of the incoming r8sources and
application of resources ol the charrty for that year.
In preparing these financial statements, the Trustees are requifed to..
select suitable accounting policies and Ihen appty Ihem consislentty.,
observe the methods and principles in the Charrlies SORP..
Make judgernenls and eslim8tes that are reasonable and pwdenl..
state whether applicable accounting standards havè been followèd. $ubie<l lo any materi81 departu￿$ di$¢l0s8d
and explained in the financial statemènts", and
prepare the financial stalemenls on the going con¢8m ba*s unless it 1$ inappropriate to presume that the ¢harfty
11 continue in operatson.
The Trustees are responsible for keeping sufficient accounbng records that disdose with reasonable accuracy at
any time the financial pos(¢ion of the charity and enable them to ensure that Ihe financial stalements comply wrth the
Charities Act 2011, the Charity IAcGount$ 8nd Repori$l Regulation$ 2008 8n(J the piovisions of Ihe trust deed. They
are 81$0 responsibl& for saleguardin9 the ass*t$ ol Ihtr ¢h8rity and hen¢¥ for tsking r¥a$onabl¥ $1op$ for the
prevention and detection of fraud and other irregulanties.

OLIVE BRANCH AID
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF OLIVE BRANCH AID
l ￿port to the trustees on my examination of the financial statements of Olive Branch Aid (the chartyl for the year
ended 31 March 2025.
Re$pon$ibilitygs and basis of rgport
As the Trustees ol the charity you a￿ responsible for the preparation of the financial statements in accordance with
the requirements of Ihe charl1￿$ Acl 2011.
report in respect of rny exarnination of the charity's financial ststemenls carried out under section 145 of the
Charities Act 2011. In carryin9 Out my examination I have followed the Direcb'ons gNen by the Charity Commission
under sbetion 14515llbl olthè Charitiès Act 2011.
Independènt •xamln•Vs statement
Your attention is drawn to the fact thai the ¢harity has prepared Ihe fin8n¢ial $t8tements in 4ccor(J8nce wrth the
relevant vèrsion of the Statèment of Re¢ommènded Pra¢tice applicable to ¢harities pieparing their fin8noal
statements in accordance wth the Financial Reporting Standard applicable In Ihe UK and Republic ol Ireland IFRS
1021 in preference lo the Accounting and Repo￿ng by Charities.. Slalemenl ol Recommended Practice issued on 1
April 2005 which is referred to in Ihe extant regulations but has now been wthdrawn. l understand that this has
been done in order lor the financial statements to prowde a true and tsir view in accordance with UK General
Accepted Accounting Practice.
I h8ve completed my examination. l ¢onfim that no Matte￿ have ¢om& lo my attention in ¢onne¢tion with th&
•x8minalion giving me cause to believe thal in any material respèd.
accounting records were nol kept in respect of the chanty as required by section 130 of the Charrties Act 2011.
the financial statements do not accord wrth those records." or
the finanri81 slaternenls do not compty vthh the applicable requirements conceming the form and content of
financial statemènts sèt out in th$ chan1￿$ IA¢¢ount$ and R&portsl Regulations 2008 othèr th8n any
requirement that the financial statements gwe a true and fair view. which Is not a matter considered as part of
an independent examination.
I have no COn￿rn$ and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order io enable a proper understanding of the finanrAal statements to be reached.
JF Fran¢ls Ltd
Francis House
2 Park Road
Barnet
Herts
EN5 5RN
8 December 2025

OLIVE BRANCH AID
CHARTERED ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE PREPARATION
OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OLIVE BRANCH AID
FOR THE YEAR ENDED 31 MARCH 2025
In order to assist you to fv￿lI your duties under the Charities Acl 2011. we have prepared for your approval the
financial 5tstements of Olive Branch for the year ended 31 March 2025. which comprise the stslernent of
financial activities, the cash Ilow staternent and the related notes froffl the tharity's accounting records and from
infom8tion and explanations you have given us.
As a practising member firm ol the Assoaation ol Chartered Certified Accountants, we are subject to its ethical and
other professional requirements Wh￿ are detailed al https.'Ih￿.acCa91obaI.cOMIgb1en/meMberlStandard$lrUIe$-
and-standardslrulebook.html.
This report is made to the charity's Twstees. as a bo¢ty. in accordance with the terns of our engagement letter
dated 9 September 2024. Our work has been undertaken solely to prepare for your approval the finanaal
statements of Olive Branch Aid and State those matters thal we have agreed to state to the charity'5 Trustees. as a
body. in thi5 report in accordance with the requirement5 of the Association of Charteied Certified Accountant5 as
detailed at httpS'.Ilw￿.accs910baI.cOmIrQnte￿vdarnIACcA GlobavfechniovfacVt￿hnICa￿f￿￿Sheet-1fj3.pdf. To
the fullest extent permrtted by law, we do nol accept or assume responsibility to anyone other than Olive Branch Aid
and the chanty's Trustees as a body, IC￿ Ouf work of for this report.
It is your duty to ensure that Olive Branch kn has kept adequate accounting records and to prepare stalulory
financial ststements th8t give a true and fair view ol the assets. liabil￿e$. financial position and surplus of Olive
Branch Aid. You consider thal Olive Branch Aid 15 exempt from the statutory audrt requirement for the year. and is
not r￿uired lo obtain an indepondoni examin¢¢$ report.
We have not b•en instructed to carry out an audit or a review of the financial statements ol Olive Branch Aid. For
this reason. we have not verified the accura￿ or completeness of the accounting records or information and
explanations you have given lo us and we do nol. Iherefore. exp￿$$ any opinion on the statutory finanaal
slatemenls.
JF Franc18 Ltd
Chartered Accountants
Francis House
2 Park Road
Barnet
Herts
EN5 5RN
8 December 2025

OLIVE BRANCH AID
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restrlcted
lunds
funds
2025
2025
Total Unrestrlcted Restrlcted
fund8
funds
2024
2024
Total
202S
2024
Notès
Income from:
Donations and legacies
79,426
143,186
222,612
70,414
17,486
87,900
Total Ineom•
79,426
143.186
222.612
70.414
17,486
87,900
Expendlture on..
Raising fund5
Charitable activities
6.896
48,776
3,760
22.662
10,656
71.438
637
57.371
9.366
9.825
10,003
67,196
Total exp8ndltur•
55.672
28.422
82.094
58.008
19.191
77,199
Net Income and movement In
fund*
23,754
116,764
140,518
12,406
11,7051
10,701
R•¢onelllatlon ol lund•:
Fund balances at 1 April 2024
69.425
3,760
73.185
57.019
5.465
62.484
Fund balance8 at 31 March
2025
93,179
120,524
213,703
69,425
3,760
73,185
The Btalemenl of financial acb'vibes indudes all gains and los￿ recognised in the year. All income and expendrture
derive from Continuing a￿1vIlle$.

OLIVE BRANCH AID
STATEMENT OF FINANCIAL POSITION
AS AT31 MARCH 2025
2025
2024
Notes
Flxed assets
Tangible assets
10
6.037
2,985
Currnnt assèts
Debtors
Cash at bank and in hand
11
13.209
199.242
26.171
47.068
212.451
73.239
Cr•dltors'. amounts lalllng du¢ vAthln
one year
12
{4.78S}
13,0391
Net current assets
207,688
70,200
Total a88et8 le88 curr•nt IlabllSlle8
213.703
73,185
Thè funds of th• charfty
Restricted income fiJnd$
Unrestricted funds
14
1S
120,524
93.179
3,760
69.425
213.703
73.185
The charity is entrtled to exemption from audrd under the Charities Act 2011.
These financial statements have been prepared in a¢¢ordan¢e ￿1h the provisions applicable lo small tharilies.
The flnanclal statements were approved by the Trustees on B December 2025
K Cottage
Trust8•8
S H AntonHxpPamment
Trust••s

OLIVE BRANCH AID
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Note$
Cash flows from opèrating aetlvitl•s
Cash generated fromllabsorbed by)
operations
18
156.1)02
11161
Inv•stlng aetlvltl•s
Purchase of tsngilAe fixed assets
{3.828}
13.3001
Net cash ujed In In¥￿11￿9 activitl
{3.828)
13.3001
Nèt eash g•n•rat•d from flnanelng act1vl￿•S
Net Increa8elld•cMa8•1 In cash and eash
equlvalent8
152,174
13,4161
Cash and cash equivalents at beginning of year
47.lJ68
50.484
Cash and ca•h equlvalents at •nd of year
199.242
47,068

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Aecountlng pollel•s
Charfty Snforniatlon
The charity is registered chartiy in England and Wales and is a Charitable Incorporated organisation. The
address ofthe pnnapal office is Arch 648, POrt￿ade Road. London, SW8 3DH
1.1 Accounting convention
The financial statements havè beèn prepared in accordance with thè charity's goveming document, the
Charities Act 2011, FRS 102 "The Finanual Reporting Standard applicable In the UK and Republic of Ireland"
and the Charities SORP "Accounting and Reporting by Charities.. Statement ol Recommended Practice
applicable to charities preparing their accounts in accordance with the Finanaal Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021. The charity is a Public Benefit Entrty as defined ty
FRS 102.
Thè financi81 st8tgmènts have departed from tt)e Charities (A¢¢￿￿t$ and Reports) Regu18tion$ 2008 only to
the extent require¢J to proV￿e a true and lair view. This departure has involved following the Slalement of
Recommended Practice lor charibes apptying FRS 102 rather Ihan the version of the Statement of
Recommended Practice which is refeThed to in the Regulations but which has since been withdrawn.
The financial statements are prepared in steding. which is the luncb'onal oJrTenry of the charity. Monetsry
amounts in these financial statements are rounded lo the ne8re$t £.
Th¥ financial stalem¥nl$ have been prepared under lh& hislori¢al cost ¢onventlon. The prin¢ip818¢¢ounling
policles adopted are set out b810w.
1.2 Golng concern
At thè lime ol approving th& financial $tstèmènt$. th¢ Truste¢$ have a r&a$onable ex￿¢tatiOn that the ¢harity
has adequate ￿sourceS to continue in opefabonal existence for the loreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounling in preparing the financial staternents.
1.3 Charftabl• fund$
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are svbject to specffic conditions by donors or grantors a5 to how they may be used. The
purposes and use5 of the restricted lunds are set out in the notes to the financial staternents.
1.4 Incom•
Incorne is rècognisÈd when thè charity is le981ty enlitled to it 8fter any pèrformance Conditions havè bèon mèt,
thè amounts can b6 measured reliabty, and rt ts probable that incomè will ￿ recèivad.
Cash donations are recognised on receipt. Olher donaD'ons are re￿gnISed once the charty has been nots'fied
of the donation, unless perforniance condth.tsns requi￿ deferral of the amount. Income tax iecoverable in
relation to donations receNed under or deeds of covenant is recognised at the time of the donation.
Legacie5 8re recogniseil i)n receipt or olherwise rf the th81ity has been nolified of an impending dislribulion.
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
10-

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continuedl
1.5 Exp•ndltur•
Eypenditure is recognised once Ihere is a legal or constructive obligation to Iransfer economic benefit to a
third paty. r( is probable that a transfer of e￿nOMiC benefits will be iequired in settlement, and the amount of
the obligation can be rneasured reli8bty.
Expenditure is dassified by athvty. The costs of each adivrty are made up of the total of direct costs and
shared costs. including support costs involved in undertaking each acbvity. Direcl costs attributable to a single
activity are allocated directy to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned befvleen those activitie5 on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and
depreciation charges are alk)raleiJ on the portion of the assel's us&.
1.6 Tanglble Ilxed asJet•
Tangible fixed assets are inrtialty measured at cost and subsequenty measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to vnile off th& ¢ost or valuation of assets less their re$ldual value$ over thelr
useful lives on the following bases..
Plant and equipment
Computers
25% ￿dUCing balance method
2S% reducing balance method
The gain or loss arising on the disposal of an asset is determined as the dfflerence befv4een the sale proceeds
and the carrying value of the assel. and is recognised in the slatement of financial activrties.
1.7 Impalrnient of Ilxèd a•••t•
Al each reporting end dale, Ihe charity reviews the ￿rying amounts of it5 tangible assets lo determine
wh8ther Ih8rÈ is any indication that thosè assets havè suffèrèd an impaimiènt loss. If any such indic8tion
èxists, the recoverablè amount ol the asset is esbmated in order to dètèmine the 8Xtent ol thè impaimènt
loss lif any).
1.8 Co¥h and co¥h equlvalents
Cash and cash equivalents indude cash in hand. dep05ils held at call bank5. Other short-temi liquid
investments with original malurities ol three monlhs or less. and bank overdrafts. Bank overdrafts are shown
wrthin borrowng3 in current liats'lrties.
1.9 Financial in8trum•nts
The charity has elected lo appty the pTovis*)ns of Section 11 'Basic Financial Instrurnents, of FRS 102 to all of
its financial instruments.
Financial instruments are recognised in the chanty's balance sheet when the chaity becomes party to the
contractual provisions of the InstrU￿nt.
Financial assets and liabililies a￿ offset. wilh Ihe net amounts p￿senIed in the financial statements, when
there is 8 legalty enforce8ble right to set off the recognised amounts and there is an intention to settle on a net
b8515 or to realise the asset and 5etUe the liabiltty simuManeou5ty.
BasiTe financial •$séts
Basic financial assets. which indude debtors and cash and bank balances. a￿ initially measured at
tl8llS8Ction price including transaction costs and are subsequenty rarried at amortised cost using the effective
interest method unle55 the arrangernent con5trtutes a ffinanung transaction. where the tiansaction is
measured at the present value of the luture re￿Ipts discounted at a market rate of interest. Finanaal assets
classified as r￿1Vable within one year are not amortised.

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continuedl
Basle finanelal Ilabilltiès
Basic finanrial liabilities. induding credrtors and bank loans are inrtially recognised at transaction price unless
the arrangement constrtutes a financing transaction. where the debt instwment is measured at the present
V81ue of the future payment5 discounted at a market rate of inlere51. Fin8nryal li8bilities classified 85 Payable
wrthin one year are not amortised.
Debt instruments are subsequentty carried at amortised cosl, using the effective interest rate method.
Trade creditors are obligations to pay lor goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable 8re dassified as current liabilities if payment is due wlhin one
year or le$5. If not. they are presented a5 non-current liabilities. Trade creditor5 are recogni$ed inth'ally 81
transactKJn price and subsequentty measure(1 at amortised cost usin9 the effectsve interest method.
D•rncognitlon of financlal liabiliti•s
Financial liabilities are derecogni5ed whtrn thtr Charty's ¢ontr8dual oblig81ion$ expire or a￿ discharged or
¢8ncelled.
1.10 Employe• b•n•fit8
The cost of any unused holiday trnlrflemenl is recooni8ed in thtr period in vthi¢h the employee's se￿￿8 arts
received.
Termination beneffts are recognlsed immediately as an expense when the charity Is demonstrably cornm￿ted
to temiinate the employment of an employee or to provide terniinalion beneffts.
1.11 Retlrem•nt benefits
Payments to defined contribulK)n retirement benefft schemes ara charged as an expense as they fall due.
crttlcal accoUn￿n9 estlmates and judgements
In the application of the ¢harity'5 accovnting poliryes. Ihe Trustees are required lo make judgement5.
estimate5 and assumptions aboul the carrying amounl ol a$5eis and liabilrties that are not readity apparent
from other sour¢es. Thè Èstimates and associaièd assump￿.0￿$ are basèd on hi$torieal experion¢g and other
factors that are considered to bè relevant. Actual resums may differ from these estimates.
The estimates and undertying assumptions a￿ reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the eslimale is revised where Ihe revision affects only that
period. or in the period ol the revision and ftjture peiiod5 where the revision affects bolh current and future
peri¢xls.
There are no signthcantjudgements or ests"mates inVo￿ed in the preparation ofthe finandal statements.
Income from donallons and l•gacles
Unrestrfcted Restrlcted
funds
nds
2025
2025
Total Unrestrlcted Restrlcted
funt1s
funds
2024
2024
Total
2025
2024
Donations and gffts
Donated seNices and
29.904
143.186
173.090
19.318
17.486
36.804
49,522
49.522
51,096
51,096
79,426
143,186
222.612
70,414
17,486
87,900
12_

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donalions and legacies
(Continuedl
Expenditure on raising funds
Unr•strietèd R•strlet•d
funds
funds
2025
2025
Totsl Unr•strlet•d Rèstrlctèd
funds
funds
2024
2024
Total
2025
2024
Fundralslng and publlclty
Other lundraising costs
6,8
3,760
10,656
637
9,366
10,003
Expendlture on charltsbl• actlvltie•
Ch¥rltsbltr
Charlt•bl&
Expendltur¥ Expendltur8
2025
2024
Dlrect costs
Staff costs
Depreciation and irnpainnenl
Rent
A¢countancy F¥&s
Bank charges
Legal Expenses
Printing 8 Stationery
Service Charges
IT Software, Telephone & Inttsmet
Rates
Advèrti$ing
Light and Heat
Insurance
Reapairs and Maintenance
Sundry
Subscripts'ons
8,160
776
48,C8)0
3,840
412
2,218
21
1,741
2,386
205
123
1,338
315
47,999
3,780
12
52
186
453
9,866
421
100
1,118
716
1.520
564
491
570
470
71,438
67,196
Analysi8 by fund
Unrestricted fund5
Restricted funds
48.776
22,662
57.371
9,825
71,438
67,196
13-

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Govamane• eosts
2025
2024
Accountanry and legal fees
1.800
1.200
Analy¥ed betw￿￿..
Employee¥
The av&ra9è monthty number ol &mploye¢s during the yearwas..
2025
Numbèr
2024
Number
Employm•nt co•t8
2025
2024
Wagtss and salari&$
Other pension costs
7,998
162
8,180
There were no employees whose annual remunerntion was more than £60,￿0.
Truste
Tru¥t¢trs' r¢mun•r•Von ond b¥n¢llts
None ol the Trustees lor any persons connected wrth Iheml received any remuneration or benefrts from the
charity during the year.
Trustee's expenses
Expenses 01 £1,341 12024 - £7.1141 were paKI to Irustees for the expendrture on goods and service3 for the
dèlNery of the etharitablè activrtiè$ of Ihè chawity-
Taxatlon
The chanty is exempt from taxation on ils activities because all its income is aPpl￿d for charitable purposes.
14_

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Tanglblè (lx￿ ass•ts
Pl•nt and
oqulpment
Computg
Totsl
C￿t
At 1 April 2024
Additions
2.880
3,828
420
3.300
3,828
At 31 March 2025
6.708
420
7,128
OepreclatSon and Impalrnient
At 1 April 2024
Depreciabon charged in the year
231
692
315
776
Al 31 M8rch 2025
923
168
1,091
Corrylng amount
At 31 March 2025
5.785
252
8,037
At 31 March 2024
2.649
336
2.985
11 O•btorn
2025
2024
Amounts lalllng due wlthln on• year:
other debtors
Prepayments and accrued income
482
12,747
28,171
13.209
28,171
12 Cr•dltor8'. amounts lalllng due wlthln on• year
2025
2024
Other tsxation and social security
Trade creditors
Accruals and delerred income
555
444
3.786
3,039
4,785
3,039
13 Retirement benefit schemes
2025
2024
Defined contribution ¥¢heme¥
Charge to profit or loss in respect of defined contribvts.on schemes
162
The charity operates a deffined contribution pension scheme fvr all qualtfying employee5. The assets of th8
scheme are held separatety from those of the charrty in an independently administered fund.
15-

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 R•strfet•d funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
Subject to specjfic condition5 by donors as to how they may be used.
At 1 Aprll
2024
Incomlng
f•soureès
Resources At 31 March
•xpènd•d
2025
3.760
143.186
126.4221
120,524
Previous year:
At 1 April
2023
Incomlng
re$our¢e8
Resources At 31 March
xpended
2024
5.465
17.486
119.1911
3,760
15 Unrejtrlcted fund¥
The unrestricted ￿n￿$ ol the charity comprise the ufiÈx￿nded b8laneè$ of don8tions and grants whl¢h are
not subject lo specific conditions by donors and 9rantofs as to how they may be used. These Include
designated funds which have been set a*de out ol unrestricted lunds by Ihe trustees for specific purposes.
At 1 Aprll
2024
Incomlng
resource•
Re8ource8 At 31 March
expended
2025
General funds
69.425
79,426
155,6721
93,179
Prevlous year:
At 1 Aprll
2023
Incomlng
resources
Re•ource8 Al 31 March
expended
2024
General funds
57.019
70.414
158.0081
69,425
16 Analysls of net assets between funds
Unr•strlet•d
fund8
2025
R•strfct•d
funds
2025
Total
2025
At 31 March 2025:
Tangible assets
Current assetsllliabilities
6.037
87.142
6,037
207.666
120.524
93.179
120.524
213.703
16-

OLIVE BRANCH AID
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Analysis of net assets between funds
(Continuedl
Unr•strlet•d
fund8
2024
Rèstrtctèd
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsllliabilities
2.985
2,985
70,200
3,760
69.425
3.760
73,185
17 R•loi¢d porty trons•¢iion•
There were no disdosable related party transactions during the year.
18 Ca8h g•neratsd fromllab8Ort>ed by) operatlons
202S
2024
Surplus lor the year
140.518
10,701
Adlustmenls for..
Depreciation and impalm6nt of tangible fixed assets
776
31S
Movements In worklng capltal:
De¢re8$ellincrea$el in debtors
Increase in c￿d￿orS
12,962
1.746
114,1711
3,039
Cash generated fromllabsort)ed by) operatlons
158.002
19 Analysls of changes In net funds
The charty had no material debt durin9 the year.
17_