## **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
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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** De¢laTh￿10n$ The tru5tws doclaro that th•y aPFxov•d the tru81808' raport abovo. Slgned on behalf of tho charlty'8 tnBtses Signature(¥l Full namelsl P05itirn leg Secrotary, halr, et¢) Dr Nichola5 A F Paluth Se£¥etary g/i/2r 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 36*74 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 FurvJiD*th Detai15 BS Liabililios Date f* approv ofau thetrustees SwBttJre Print Nam2