2024-12-31-accounts

Trustees’ Annual Report for the period

From 1/1/2024. To 31/12/2024.

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 awards were made during 2024 to the UK registered charity PHASE Worldwide in support of a remote mountain healthpost in Nepal, the Billy Riordan Memorial Trust to equip a new maternity unit in Malawi and the Waymaker Trust in NE India to help with their community work in Maraland.
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.
Other		Not applicable.

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	In accordance with our mission, we sponsored 3 development projects during 2024 that addressed basic needs in developing communities around the world. Grant awards were made to the UK registered charity PHASE Worldwide in support of a remote mountain healthpost in Nepal (£12,500), the Billy Riordan Memorial Trust to equip a new maternity unit in Malawi (£5,000) and the Waymaker Trust in NE India to help with their community work in Maraland (£18,314). It is our policy to identify and fund suitable projects like these rather than to accumulate cash reserves and having started the year with a healthy balance, expenditure exceeded income over the period of this report. Nevertheless, we ended the year with more £8,000 remaining on account.

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 able to fulfil its mission in support of separate development projects that benefited many thousand people in poor, under- resourced settings in 3 different countries around the world.
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 31/12/24 have since been used to further our charitable purposes.
Amount of reserves held	Para 1.22	£8,408
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 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		Not applicable

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, Hants

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	Wholeyear	n/a
	Dr Nicholas Paluch	Secretary	Wholeyear	n/a
	Mr Paul Robertson	Treasurer	Wholeyear	n/a
	Dr AnthonyPaluch	Trustee	Wholeyear	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

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CHARITY COMMISSION FOR ENGLAND AND WALES No: 1202522 Receipts and payments accounts CC16a For the perfod 01101124 To 3111Y24 Section A Receipts and payments Uniestricted fitnd$ Restrlcted nds Endowment Jnds Total fund5 La￿ year r￿e4t£ thEr•£ bJther4ewtst£ thE￿￿i£ A1 Re¢Elpts PMVAIE thY14nOTr IFItEREST 10,(•1 s￿ tolal(Gr05s irKom8 forAR) A2 Asset athd Investm8nt ￿e5. 111.12• 1Q.t29 Sub tot&T Total r8cwpts 10.129 10.1 1B,314 A4 Assetand InvestsMAt Fchasts. Ixe tat4e Sub tola Totalpaym 3674 Net ofTe￿p￿p￿y￿￿ts) . A5 TMn51prs be(V￿￿n fvnds A6 Cash lund$ last ytat end 2$ 34.2 J4253

Section B Statement of assets and liabilities at the end of the period Unre5tTIGted Jnds RestriGted EndowTf4eni Jnrts toTrwestÉ Categorles DeWI$ B1 Cash funds nds JMIS rKIs Oetsils B2 Other monetary assets FLMbJto¥th Detalls B3 It)vesknenta688ts Oetsi15 GDIt{op￿Tr B4 Assets retarned forthe charity'8 own Iise FurvJiDth Detai15 BS Liabililios Date f approv ofau thetrustees SwBttJre Print Nam2