## **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