2023-12-31-accounts

Trustees’ Annual Report for the period

From 20/1/2023. To 31/12/2023.

Charity name: The Overseas Aid Alliance

Charity registration number: 1202522

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The prevention and relief of poverty, in particular in the least developed nations of the world, by providing: grants, items and services to individuals in need and/or charities, or other organizations working to prevent or relieve poverty.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Grant award made to the UK registered charity Impact UK in support of three of their overseas aid projects a) The Lake Clinic in Cambodia, b) The Jibon Tari Floating Hospital in Bangladesh and c) The Zanzibar Outreach Programme.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We can confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	We work in accordance with our Decision and Grant making policy which has already been submitted to the Commission and is available for the public to read on our website.
Policy on social investment including program related investment	Para 1.38	Not applicable.
Contribution made by volunteers	Para 1.38	All the trustees are volunteers. We have no other staff or employees.

Not applicable. Other

Achievements and Performance

	SORP reference
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.	Para 1.20	We have been slow to start fulfilling our mission because of administrative delays particularly in relation to setting up a charity bank account with the CAF Bank Ltd but before the end of the year we were able to hold our first fund allocation meeting. Three grant awards were approved and the first of those awards (a grant of £4,500) was paid out prior to 31/12/23 to the UK registered charity Impact UK in support of three of their projects. As a result, the health and wellbeing of numerous disadvantaged adults and children has benefited in impoverished communities in Cambodia, Bangladesh and Zanzibar (see projects listed above).
Additional information (optional) You may choose to include further statements		where relevant about:
Achievements against objectives set	Para 1.41	It was satisfying that our charity was finally able to start fulfilling its mission towards the end of 2023.
Performance of fundraising activities against objectives set	Para 1.41	We will continue to raise and distribute funds on an ad hoc basis but in full accordance with our charitable purposes.
Investment performance against objectives	Para 1.41	Not applicable
Other		Not applicable

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Fully solvent with reserves awaiting allocation.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are only held pending allocation to suitable projects and some of the monies held in our account as at 31/12/23 have since been used to further our charitable purposes.
Amount of reserves held	Para 1.22	£34,253
Reasons for holding zero reserves	Para 1.22	Not applicable
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No such uncertainties exist. We make one-off awards and have no ongoing commitments or liabilities.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Primarily from private donations.
Investment policy and objectives including any social investment policy adopted	Para 1.46	Not applicable
A description of the principal risks facing the charity	Para 1.46	There is always a risk of a grant award being misused but we mitigate that risk by having an anti-financial crime policy as well as a monitoring and evaluation policy. We also endeavour to only deal with organizations and individuals who are personally known to us.
Other		Not applicable

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed / Constitution.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO whose only members are its trustees.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Should the need arise, new trustees will be elected to post by the existing trustees.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	As itemized in our constitution document, new trustees would be fully briefed and made aware of their responsibilities before appointment.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Regular communication and minuted meetings between the trustees.
Relationship with any related parties	Para 1.51	No related parties other than the CAF Bank Ltd who hold all of our funds.
Other

Reference and Administrative details

Charity name	The Overseas Aid Alliance
Other name the charity uses	Not applicable
Registered charity number	1202522
Charity’s principal address	The Old Vicarage, Seven Sisters Road, St Lawrence, Isle of Wight,

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
	Dr Caroline Russell	Chairperson	From registration	n/a
	Dr Nicholas Paluch	Secretary	From registration	n/a
	Mr Paul Robertson	Treasurer	From registration	n/a
	Dr AnthonyPaluch	Trustee	From registration	n/a

– Corporate trustees names of the directors at the date the report was approved

Director name Not applicable

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable

Funds held as custodian trustees on behalf of others	Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity	Nil
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Not applicable
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	Not applicable

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Nil

Name of chief executive or names of senior staff members (Optional information)

Not applicable

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not applicable

Other optional information

Nil

Declarations The trustees dgclare that they have approved the trustees, report abovo. Slgned on bohalf of the charltys trustees SIgna￿re(s) Full name(s} Posftlon (eg Secretary, Chair, et¢) Dr Nitholas A F Paluch Secretsry Date

Rx•lpts •nd p•ym•nl• accounts CC18• Scctioii 8 StLilot?)oT)l ol asset5 and liabilities ai tho eiid of Ihe i)eTiod

Soclion B Statemenl of a5sels and liabilrties at the end ol the period 111 ¢••ht•* ze£

Section B (Disclosure) he can leave blanksectlon B (Disclosure) CHARITY COMMISSION FOR ENGLAND AND WALES Independent examlnerfs report on the accounts Soctlon A Independent Examiner's Report R•portto the tN•t•￿I m•mb•rn of The OVERSEAS AID ALLIANCE On •ccounts for th• y•4r ended 314 DECEMBER 2023 Ch•rlty no Ilf any 1202522 S•t ¢)ut on pago• Sèt out on attached Receipts arMI Payments Account8 l rnport to thè trustees on my examlnation of th• accounts of the above charity Ilhe Tw81"I for th• yeaf ende(I Respomlbllftlos and A$ the chartty Iru81008 of the Twjt, you are ro8FA)n8I￿e for the preparat￿n ba$18 of report of the accounts In ￿nIance wllh Iho requlrement8 of Ihe Charities Act 2011 {Ih• Acl"). I report in respect ol my examination ol the TnJsl'J ￿counts ¢amed out under 8ectlon 145 of the 2011 Acl and in carying out my exarninalion, I have foll0v￿d the applicable Directsons given by tho Chanty Commisslon under 8eCtlon 145{5}Ibl of tha Act. I have compleled my examin81ion. l ￿nriMi that no material matters have corm lo my attentlon (other than that di5dosed below ') In connection with the oxamlnation whlch C8U80 to bèlleve that In, any materlal re•p￿t. aco)unling records w•rn not kepl In axorfaneo with 8•ction 130 of the Act or the account8 do nol Kcord wlth the accountlng focords Independent examiner'8 Statement I h8v• no concems and have wm8 across no other matters in oMnection wrth the examination to which attention should be drawn in ordor to onable proper u landing of thè &counl$ to be reached. Pleas 1618 he wonts in the br8Gkets rfthey do nol apply. Slgnod: 3010412024 Name: rey￿ Relevant profo88lonal quallflc•tlonlsl or l)ody Ilf any): Addrns•: Tamarisk, W￿lon R¢)ad Totland Bay P039 OHA IER Octob•r 2018