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2024-12-31-accounts

NRC in UK Annual Report 2024

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TABLE OF CONTENTS

REFRENCE AND ADMINSITRATIVE INFORMATION …………………………………………3 MESSAGE FROM THE CHAIR OF THE BOARD OF TRUSTEES ........................................ 4 1. KEY FACTS 2024 – RIGHTS RESPECTED, PEOPLE PROTECTED ................................ 6 2. ABOUT NRC ............................................................................................................................ 7 3. NRC UK IN 2024 .................................................................................................................. 10 4. NRC UK’S SUPPORT FOR EMERGENCY RESPONSE ................................................... 15 NRC’s operations in Sudan .......................................................................................... 15 Emergency Response in Palestine ............................................................................. 17 Supporting communities in Afghanistan ................................................................ 16 Programming in Ukraine............................................................................................. 17 5. LOOKING TO 2025 & BEYOND ....................................................................................... 19 6. NRC UK FINANCIAL REVIEW ......................................................................................... 21 7. NRC UK STRUCTURE, GOVERNANCE AND MANAGEMENT .................................... 25 STATEMENT OF REPONSIBILITY OF THE TRUSTEES……………………………………….26 INDEPENDENT AUDITOR'S REPORT……………………………………………………………….28 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORTATING AN INCOME AND EXPENDITURE ACCOUNT)……………………………….……………………………….…....33 BALANCE SHEET…………………………………………………………………………………….…....34 STATEMENT OF CASH FLOWS……………………………………………………………………….35 NOTES TO THE FINANCIAL STATEMENTS………………………………………………….…..36

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Reference and Administrative Information

Company number 12502648
Country of incorporation United Kingdom
Charity number 1206170
Country of registration England & Wale
Registered office 119 Marylebone Road Marylebone Road, London, England,
NW1 5PU
Trustees Trustees, who are also directors under company law, who served
during the year and up to the date of this report were as follows:
Camilla Groven Waszink – Chair
Hayley Davidson
Shadi Fathizadeh
Geir Olav Lisle
Mabonga Wafula
Auditor Sayer Vincent LLP
Chartered Accountants and Statutory Auditor
110 Golden Lane
LONDON
EC1Y 0TG

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Message from the Chair of the Board of Trustees

We are proud to present NRC in the UK’s (NRC UK) first Annual Report. NRC UK was registered as a charity at the end of 2023 with the objective of relieving the needs of displaced and vulnerable persons during crisis, which we implement through our partnership with Norwegian Refugee Council (NRC).

NRC UK worked tirelessly with NRC throughout 2024 to support displaced people around the world. However, by the end of the year, humanitarian needs were on the rise and financial commitments from leading international donors had started to decline. While every year is difficult for people affected by displacement and conflict, 2024 was especially challenging, both in terms of humanitarian needs and in mobilising funding and political capital for principled humanitarian action. This foreshadowed the even greater challenges to come in 2025.

The already dire situations in Gaza, Sudan and the Democratic Republic of Congo (DR Congo), three of the most acute humanitarian crises in 2024, continued to deteriorate, and the longterm needs of people in protracted humanitarian emergencies, including those in the Sahel region, Myanmar, Afghanistan, Ukraine and beyond, remained high. The world has never seen so many refugees and internally displaced people forced to flee their homes. It is a trend that political, diplomatic and military leaders seem unable or unwilling to stop.

Although the UK government increased its humanitarian funding in 2024, a wide gap remained between the assistance provided and the amounts historically allocated to save lives and protect people affected by emergencies. Similarly, despite some positive steps towards greater respect for the role of international courts, the UK continued to fall short in holding perpetrators of violations of international humanitarian law to account and in promoting adherence to international rules and norms.

These broader trends are even more pronounced globally, as shifting international alliances and geopolitical interests take precedence, and the norms designed to protect civilians and address humanitarian needs are increasingly eroded. Too many donor governments, including the UK government, are moving away from a culture of international solidarity at a time of unprecedented global challenges. Across multiple contexts, humanitarian aid is becoming increasingly politicised, and indiscriminate attacks on civilians and humanitarian workers have become commonplace. The year 2024 was the deadliest ever recorded for aid workers, reflecting a burgeoning culture of impunity.

Despite challenges in the UK and beyond, NRC UK expanded its efforts throughout 2024 to advocate on behalf of displaced people, provide technical advice to NRC and our partners, and secure humanitarian funding for NRC’s emergency relief programmes. Our advocacy

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work was aimed at influencing the policies and practices of the UK government and its allies, while successful fundraising from institutional and private donors in the UK enabled NRC to reach more than nine million people in 2024.

As we look to 2025 and beyond, NRC UK will continue to advocate for the rights of displaced and conflict-affected people and to mobilise funding to meet record needs amid unprecedented cuts to international aid from some of the largest donors. We will build on our 2024 successes and strive to meet our charitable objectives, both in the UK, and across NRC’s global operations.

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1. Executive Summary

NRC In UK (NRC UK) completed its first full year of operation as a registered charity in England and Wales in 2024, following its official registration in December 2023. Through our strategic partnership with the Norwegian Refugee Council (NRC), NRC UK’s mission is to support communities displaced and affected by conflict by raising funds for NRC programming, providing technical expertise, and influencing UK humanitarian policy and diplomacy. NRC UK achieved significant successes in 2024, some of which are presented in this report:

NRC UK is governed by a Board of Trustees committed to good governance, diversity, and transparency. As of the end of 2024, the Board included five members – three women and two men – with representation from the Global South.

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2. About NRC UK

NRC UK supports NRC’s global vision of a world where rights are respected and people are protected. We are not willing to just accept a situation where an increasing number of people suffer from conflict and displacement with little or no protection and assistance. We also refuse not to act as more and more people are displaced while decision-makers in the UK and elsewhere have the power to address the causes and find solutions.

NRC UK was established as a registered charity in England and Wales in December 2023. Based in London, it operates under Company Number 12502648 and Charity Number 1206170. NRC UK is a rights based organisation committed to the humanitarian principles of humanity, neutrality, independence and impartiality. In preparing this report, we confirm that the trustees have considered the Charity Commission’s guidance on public benefit.

The Objects of the Charity are to relieve the needs of displaced and vulnerable persons during crisis, by:

We have a formal partnership with NRC - Norway’s largest international humanitarian organisation which is widely recognised in the field of displacement. NRC’s core work is the delivery of humanitarian aid through programme activities which support communities affected by crisis.

NRC UK supports NRC globally by securing vital funds from donors in the UK for life-saving work, and by providing advocacy aimed at improving how the UK government protects and responds to the needs of people affected by conflict. NRC UK also provides technical and advisory support to NRC on a range of specialist areas, offering deep expertise in housing, land and property, shelter and settlements, cash and markets, and water, sanitation and hygiene.

In 2024, NRC UK supported NRC’s responses to new and protracted crises across 39 countries, helping to reach 9.1m people.

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NRC UK supports NRC'S global response Our Response NRC reached 9.119.297 participants across 39 c(xKrtry offices during 2024 1.213,789 1.384,458 1,630,074 420.556 1.410.380 3.224,624 1,928,930

In 2024, NRC had 42 countries of operations, six regional offices, 39 country offices, and five representation offices.

Within this, in 2024 NRC had three priority country responses.

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3. NRC UK in 2024

Our Activities and Achievements

Technical expertise

In 2024 NRC UK provided vital technical support to a range of initiatives across NRC programmes and to NORCAP and ACAPS. NORCAP, which is a key component of NRC, is a global provider of humanitarian aid expertise and solutions spanning climate action, democratisation and human rights. NORCAP conducted more than 600 assignments in 2024, assisting more than 56 organisations in over 79 countries. ACAPS, an independent analytical organisation dedicated to enhancing humanitarian responses, was also supported by NRC UK staff in technical areas such as programme strategy and innovation, shelter, water and sanitation, youth participation, and cash and markets.

Youth participation

In 2024, NRC UK staff played a key role in driving NRC’s youth engagement in regions affected by conflict. This included working with NRC’s youth networks and partnerships in the UK, promoting the work of NRC’s partner the Global Refugee Youth Network (GRYN), and providing funding and mentoring for projects led by refugee youth. These initiatives reached thousands of young people across Europe and Africa.

NRC UK collaborated with NRC, GRYN and One Young World to design a Humanitarian Leadership programme within the framework of the One Young World Summit and youth leaders network. This work will be expanded in 2025.

NRC UK’s engagement with youth networks intersected with broader education programming throughout 2024. NRC UK liaised with the FCDO’s Education in Emergencies focal point, advocating around the NRC-NORCAP research Lost Opportunity - Education for out-of-school youth in emergency and protracted crisis settings . This advocacy supported NRC UK’s participation in the Wilton Park event on From commitment to action: refugees’ inclusion in education , which was delivered in partnership with the FCDO, the World Bank and the United Nations High Commissioner for Refugees.

Shelter and Settlements

NRC UK supported NRC’s global shelter and settlements programming throughout 2024, actively engaging with Shelter, Housing and Sites actors in the UK, establishing and maintaining relationships with international engineering, design and architecture firms. NRC UK staff also engaged in technical exchanges with the FCDO to deepen their knowledge of the shelter context in locations such as Gaza, where NRC leads the

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interagency Global Shelter Cluster. NRC UK continued to share information on NRC’s global work through the UK Shelter Forum platform in 2024. Staff also participated in workshops on the History of Camps hosted by ODI Global and secured a shortlisted entry for NRC’s shelter programmes for an award from World Habitat .

Policy and Advocacy

Engaging with and influencing the policy of the FCDO and other critical UK stakeholders remained central to NRC UK’s work in 2024. In addition to NRC’s global programme delivery, both directly and through local partner organisations, NRC UK plays an active role in shaping how the UK allocates its ODA, supports displaced people, upholds international law and promotes adherence to humanitarian principles.

For example, in 2024 NRC UK made formal submissions to Parliament’s International Development, Select, and Foreign Affairs committees, including calling for the UK’s ODA to focus more on fragile and conflict affected communities. NRC UK also encouraged the government to prioritise those with the most acute humanitarian needs, and to leverage its convening powers and diplomatic network to support humanitarian access and the protection of civilians.

NRC UK consistently engaged with relevant FCDO teams, and global media outlets based in London throughout 2024 to ensure humanitarian needs and operational challenges were well understood. This included regular dialogues with FCDO teams on major crises in Afghanistan, Gaza, Lebanon, Sudan, Ukraine, Yemen and other contexts. For example, NRC UK supported NRC’s public call for a regional ceasefire, for improved access in Gaza and for support for people displaced by the crisis in Lebanon, including people forced to flee into Syria.

NRC UK actively urged the UK government to take further action to alleviate suffering and improve the protection of civilians in Sudan, drawing heightened media attention to this neglected crisis and advocating for a stronger global response. Media work included the BBC, Sky News and Channel 4. NRC UK also facilitated a visit by Angelina Jolie to Chad to draw attention to the crisis there.

Ahead of the UK’s Presidency of the UN Security Council in November, NRC UK intensified its advocacy efforts, contributing to a noticeable shift in tone from the UK government. The work done by NRC UK and NRC in relation to Sudan was acknowledged by the Foreign Secretary in his Christmas greeting to NRC’s Sudan Country Director.

Humanitarian Policy, Protection of Humanitarian Space

Beyond individual crises, NRC UK led joint advocacy efforts on a number of overarching issues such as the rights of displaced people, the protection of civilians, and principled humanitarian access.

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For example, NRC UK successfully lobbied the UK government to advocate for the indefinite renewal of the humanitarian exemption to UN 1267 sanctions established under UN Security Council Resolution 2664. NRC UK helped to coordinate joint letters to UK ministers and the UK Permanent Representative in New York, and shared private briefing notes on the issue. NRC UK also worked with peer organisations to urge the UK Treasury to issue humanitarian General Licences for Gaza and Lebanon, building on earlier efforts to secure licences for Ukraine and Syria.

NRC UK pushed for the UK government to fulfil its commitment made in the 2023 white paper on international development to introduce standing humanitarian exemptions to its autonomous sanctions. NRC UK worked with banks in the City of London to improve financial access for NGOs, including supporting roundtable discussions with over 15 banks from the EU, UK and US.

NRC’s annual flagship Neglected Displacement Crises report was launched in June, including in the UK. The report received excellent media coverage, reaching an estimated billion people in the first 24 hours.

External Engagement

NRC UK facilitated a wide range of engagement activities throughout 2024 aimed at influencing decision-makers, building relationships and fostering collaboration with partners. This included facilitating visits, events and roundtables covering Afghanistan, Bangladesh, Lebanon, Palestine, Sudan, Somalia, Ukraine and elsewhere. For example, in November, NRC UK facilitated discussions between the FCDO and the Building Resilient Communities in Somalia consortium, whose Chief of Party travelled to London to highlight the critical importance and impact of efforts funded by the UK government to build resilience in Somalia.

Earlier in the year, NRC UK celebrated its registration with the Charity Commission by hosting an event attended by nearly 200 guests, including senior UK government officials and representatives from civil society organisations, trusts, foundations and private companies. Following this event, NRC UK secured a £185,000 pledge from a private donor to support NRC’s response in Gaza.

NRC UK also continued to engage actively in a range of civil-society alliances, coalitions and working groups.

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Case Study: Building Resilient Communities in Somalia (BRCiS)

Photo: First name Last name/NRC

NRC UK worked closely with the FCDO and its partners in the BRCiS consortium throughout 2024 to help secure long-term support for vital programmes. The consortium, led by NRC and funded by the FCDO marked 10 years since its creation in 2024, with NRC UK initiating a series of events to celebrate its success and build support for its future.

Since 2013, BRCiS has secured more than £192 million ($260 million dollars), and supported hundreds of thousands of people across 450 Somali communities. BRCiS focuses not only on support for people experiencing shocks – including severe drought and floods – by supporting increased water distribution and access to livelihoods opportunities; but also with regreening, climate adaption, and early action.

Fundraising

Institutional Funding

By the end of 2024, NRC UK had facilitated 19 FCDO grants to support programmes implemented by NRC around the world. This included humanitarian responses in Palestine, Yemen, Somalia, Sudan, South Sudan, Mozambique, Bangladesh, DRC, Tanzania as well as support to NORCAP . In total, in 2024 NRC UK facilitated multi-year FCDO grants worth a total of £96,033,479. Of this, £24,348,233.88 was received in 2024 – representing approximately 4% of NRC’s total institutional funding in 2024.

Commercial contracts

In addition to institutional funding, NRC UK has also provided uplift to NRC’s global ambition to increase its engagement with commercial contracts as a way to diversify income sources in support of displaced people. With dedicated capacity to develop and support these opportunities, NRC UK has supported NRC country offices and global teams to review different contract possibilities, as well as to secure resources. As of December

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2024, NRC UK supported a commercial portfolio of £11,095,747, with a strong pipeline of contracts in development which would increase this figure in 2025. Contracts onboarded in 2024 have enabled vital work in Tanzania and Mozambique, Kenya, Djibouti and Yemen – including resources for ACAPS who are hosted by NRC . NRC UK has also enabled NRC to join two FCDO commercial frameworks.

NRC UK supported NRC to develop a streamlined approach to commercial contracting and build capacity and expertise. NRC UK also led a comprehensive revision of NRC's global risk framework for commercial contracts.

Private sector

In 2024 NRC UK worked with private donors and high-value individuals to develop a pipeline of funding and secure resources for 2024 and 2025. In total, NRC UK secured more than £3 million ($4.3 million US Dollars) from private donors in 2024 – enabling crucial climate and adaptation work, as well as education programming in Nigeria. NRC UK also developed a pipeline worth a further £5 million in future funding including for the Sudan emergency response.

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4. NRC UK’s support for emergency response

Across the world’s most acute displacement crises, NRC UK continues to work with NRC to provide life-saving and life-changing assistance.

Sudan

NRC UK worked with NRC to support more than 1 million people in Sudan in 2024 – the worlds largest displacement crisis. In a crisis that continued to deteriorate through the year and where famine was declared in five areas, NRC UK was able to help NRC to provide crucial assistance last year – including by using funds secured in the UK. This work included supporting people with food, water, shelter, education and legal assistance – as well as protection activities funding by the FCDO.

Protection from Violence

Photo: Tina Abu-Hanna/NRC

With funding from the Foreign, Commonwealth & Development Office (FCDO), NRC trained communities in West Darfur, including people who have been displaced, on how they can collectively identify threats and measures they can take as a group to protect themselves.

The conflict caused food prices to skyrocket, leaving many people unable to afford even basic commodities. To combat hunger, NRC partnered with local communities to run communal kitchens. In addition, NRC subsidised bakeries, enabling them to halve the price of bread, and provided cash to vulnerable families and communities. Critically, NRC UK engaged with key UK stakeholders to push for a long-term solution to the conflict – including encouraging the UK government to work with their partners who have

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influence over parties to conflict, and to draw attention to the enormous protection concerns and access issues which characterise the conflict.

Palestine

NRC UK has been supporting NRC to provide humanitarian assistance and promote respect for international law in one of the world’s most acute crises. Throughout 2024, NRC supported more than 250,000 people with humanitarian assistance across Palestine, including in Gaza.

The widespread destruction of Gaza’s housing and infrastructure has led to forcible displacement of the majority of the population, without refuge or access to essential goods and services. In the West Bank, including East Jerusalem, Israeli settlers, supported by the government, intensified violence against Palestinians, leading to forced displacement.

Education in Emergencies

Photo: Farah Bayadasi/NRC

Child displaced in Gaza take part in activities in an NRC Temporary Learning. Temporary Learning Spaces provide an opportunity to continue learning, find support among peers, and access psychosocial support.

NRC UK has been assisting NRC to provide critical humanitarian assistance to Palestinians affected by, or threatened with, forced displacement in Gaza and the West Bank, including East Jerusalem.

Throughout 2024, NRC UK consistently engaged UK parliamentarians as well as FCDO to ensure they were exhausting all available diplomatic tools to alleviate the humanitarian emergency in Gaza. This included encouraging action to hold parties to conflict accountable and to improve compliance with IHL, to fundraise for the humanitarian response, and to ensure that the UK is engaging with parties to improve humanitarian access.

NRC UK and NRC staff on the ground worked to organise briefings for senior UK officials visiting or based in Jerusalem, engaged with the UK’s diplomatic missions on the ground

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and around the world, and hosted members of the UK’s parliament and government in the West Bank.

Afghanistan

In Afghanistan, decades of war, political unrest and economic turmoil have forced families from their homes and left millions of people in chronic poverty – made worse by recurrent droughts, earthquakes and flooding. In 2024, NRC UK supported NRC to provide more than 215,000 people with education, legal assistance, protection, shelter, water and sanitation, and livelihoods and food security.

Although the country-wide war ended in 2021, on-going violence and economic collapse – together with frequent droughts, flooding and earthquakes in October 2023 – has caused 6.7 million people to flee the country and 4.2 million people to seek refuge elsewhere in Afghanistan. These displaced families now live in precarious situations and extreme poverty. Throughout 2024 NRC UK helped NRC to provide food and livelihoods assistance, shelter and access to clean water – as well as support those who have been displaced, especially vulnerable women and children, with protection.

NRC support for returning Afghans

Photo: Maisam Shafiey/NRC

NRC staff provide information counselling for new Afghan returnees arriving at the Enzirgai reception centre in Kandahar province.

In the UK, NRC focused on urging the FCDO to expand its support for basic service delivery and a resumption of development assistance to Afghanistan. NRC UK also prioritised actions that challenged the deeply concerning violations of the rights of women and girls and pressed for action to address the needs of those who were displaced across borders and returning from neighbouring countries. NRC UK held briefings for Members of Parliament, ministers and FCDO officials on the situation in Afghanistan and encouraged journalists to continue to cover the devastating situation in the country.

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Ukraine

NRC UK continued to help NRC to scale up NRC’s emergency response across the country. Working with national partners to reach displaced people and others affected by the war, a total of 474,212 people in need received assistance in 2024 – including many of those trapped in hard-to-reach areas, often close to the frontlines.

Given the UK’s ongoing support to Ukraine, along with its European partners, NRC UK has prioritised engagement with the FCDO to improve humanitarian conditions across Ukraine. Through multiple rounds of engagement with parliamentarians and the FCDO in 2024, NRC UK highlighted the deterioration of conditions in the south and east of the country, as well as ways the UK can better allocate resources and provide long-term solutions for those who are displaced. NRC UK worked with the UK Government on highlevel engagement in Brussels and within Ukraine and continued to shape the UK’s approach to humanitarian diplomacy throughout 2024.

Better Learning in Ukraine

Photo: Andrii Turiiev/NRC

NRC’s work in Ukraine includes support to children which aims to reduce exposure to extreme stress and to build their coping skills – including through NRC’s flagship Better Learning Programme.

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5. Looking ahead

Strategy 2020-26

Building on the impact achieved in 2024, in 2025 NRC UK will review its overall strategy, which is aligned with NRC’s global 2022-2026 framework. This strategy defines the global change NRC wants to see for displacement-affected people – including increased access to quality services and protection, and a pathway to durable solutions.

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Looking ahead, NRC UK will seek to work with the rest of NRC, peer organisations and allies, and the UK government to mitigate as much as possible the impact of funding cuts to ODA. The announcement in early 2025 that the UK will shrink its ODA to just 0.3% of GNI will negatively impact humanitarian operations in a number of countries – particularly against the backdrop of donor withdrawal in the US and across Europe. NRC UK will focus on making the case for humanitarian aid and protecting life-saving funding, push for front-loading of remaining funds to the worst-affected communities, and work with the FCDO to secure investment in the most cost effective and high-impact areas.

Second, NRC UK will work to identify non-financial areas where the UK can play a more positive role in humanitarian emergencies. This includes advocating with the UK to maintain a principled position in multilateral spaces like the UN Security Council, and to use all possible leverage to address the causes of humanitarian emergencies. This includes diplomatic engagement with parties to conflict, and policy change to better protect people and secure humanitarian access to people most in need of aid.

Third, NRC UK will continue to support the wider organisation with technical expertise and surge capacity as required. This includes deploying programme experts, hosting critical staff, and building capacity across the organisation in key areas like private sector engagement.

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6. NRC UK Financial Review

END OF YEAR STATEMENT (TBC)

BALANCE SHEET
AS AT 31 DECEMBER 2024
2024 2023-4
Note £ £
Current assets
Debtors: amounts falling due within one year 4 17,095
Cash at bank and in hand 5 226,326
243,421
Creditors: amounts falling due within one year 6 (293,342)
Net current liabilities (36,238) (49,921)
Total assets less current liabilities (36,238) (49,921)
Net liabilities (36,238) (49,921)
Capital and reserves
Profit and loss account (36,328) (49,921)
(36,328) (49,921)

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

1. General information

NRC in UK is a private company, limited by guarantee and incorporated in England and Wales. On 13 December 2023 the company registered with the Charity Commission and became a charitable company, Charity Number: 1206170. Charitable status comes into effect from 1 April 2024.

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The company's registered office and principle place of business is 119 Marylebone Road, Marylebone Road, London, NW1 5PU.

On 5 July 2023 the company changed its name from NRC (UK Representation Office) to NRC In UK.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2 Going concern

The directors are satisfied that it is appropriate to prepare accounts on a going concern basis as they are satisfied that sufficient funds will be available to support the company's activities for at least 12 months from the date of approval of these financial statements.

2.3 Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

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2.4 Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.5 Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6 Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Employees

The average monthly number of employees, including the directors, during the accounting period was as follows:

2024 2023-24 No. No. Employees 30 28

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4. Debtors

4. Debtors
2024 2023-4
£ £
Amounts owed by group undertakings - -
Other debtors - -
Prepayments and accrued income - 17,095
- 17,095
5. Cash and cash equivalents
2024 2023-4
£ £
Cash at bank and in hand 59,832 226,326

7.1.1 Reserves Statement

Under the terms of the agreement between the two organisations, NRC provides financial contributions on an ongoing basis as required for NRC UK’s operating costs. NRC UK therefore does not hold designated financial reserves.

The trustees instruct officers of NRC UK to maintain current account deposits at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level provides sufficient funds on hand.

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7. NRC UK Structure, Governance and Management

NRC UK is a Company Limited by Guarantee (no. 12502648) and a registered charity in England and Wales (no. 1206170). It is governed by its Articles of Association, and its charitable objects are “to relieve the needs of displaced and vulnerable persons during crisis, in particular but not exclusively by:

NRC (Flyktninghjelpen) in Norway is the sole member of NRC in UK and is a separate legal entity. Throughout this report all references to “NRC” refer to the Norwegian charity, and all references to “NRC UK” refer to the UK charity registered with the Charity Commission and Companies House as above.

NRC UK Board of Trustees

NRC UK is governed by the Board of Trustees, who are also its directors under company law. The Board ensures accountability to displaced and vulnerable persons, donors and supporters. Trustees (including the Chair) are appointed through open advertising and interview process. Trustees are volunteers and term-limited. The trustees work with senior managers of the company to enhance understanding and scrutiny.

In the reporting period the Board held two meetings. Approved minutes are retained and are available upon request.

As of 31 December 2024, the Board comprised three women and two men, with one identifying as a person of colour and based in the Global South. Trustees receive no remuneration.

In line with good governance practice, the Board ensures that its governance aligns with the Charity Governance Code. Each year the Board will review its performance, skills and effectiveness. The Board aims to leverage a balanced mix of skills, experience, background and knowledge.

In producing this report we also confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

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Statement of responsibilities of the trustees

The trustees (who are also directors of NRC in UK for the purposes of company law) are responsible for preparing the trustees’ annual and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Auditor

Sayer Vincent LLP was appointed as the charitable company's auditor during the year and has expressed its willingness to continue in that capacity.

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The directors, annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies. regime. The trustees, annual report has been approved by the trustees on 31 October 2025 and signed on their behalf by Camilla Groven Waszink- Chair 27

Independent auditor’s report to the members of NRC in UK

Opinion

We have audited the financial statements of NRC in UK (the ‘charitable company’) for the period ended 31 December 2024 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

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Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on NRC in UK’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

29

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of

30

assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

We enquired of management and board, which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to:

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Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jonathan Orchard (Senior statutory auditor) 31 October 2025

for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG

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NRC in UK

Statement of financial activities (incorporating an income and expenditure account)

For the 9m period ended 31 December 2024

For the 9mperiod ended 31 December 2024
Note
Income from:
2
3
4
5
6
Reconciliation of funds:
Total funds carried forward
Transfers between funds
Net income / (expenditure) before other
recognised gains and losses
Net movement in funds
Total funds brought forward
Net income / (expenditure) for the year
NRC Project funding to UK
Total expenditure
Net income / (expenditure) before net
gains / (losses) on investments
Charitable activities
Donations and legacies
Charitable activities
Total income
Expenditure on:
Other trading activities		 Unrestricted
£
-
1,760,882
243,950		 Restricted
£
600,000
-
-		 9m to Dec
2024
Total
£
600,000
1,760,882
243,950
2,604,832
2,535,444
2,535,444
69,388
-
69,388
69,388
(49,921)
19,467
69,388		 Unrestricted
£
-
2,123,354
280,575		 Restricted
£
-
-
-		 12m to March
2024
Total
£
-
2,123,354
280,575
2,004,832 600,000 2,403,929 - 2,403,929
1,935,444 600,000 2,408,596 - 2,408,596
1,935,444 600,000 2,408,596 - 2,408,596
69,388 - (4,667) - (4,667)
69,388
-		 -
-		 (4,667)
-		 -
-		 (4,667)
-
69,388 - (4,667) - (4,667)
69,388
(49,921)		 -
-		 (4,667)
(45,254)		 -
-		 (4,667)
(45,254)
19,467 - (49,921) - (49,921)

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 14 to the financial statements.

33

NRC In UK Balance sheet As at 31 December 2024 Company no. 12502648 31-Dec 2024 31-Mar 2024 Note Current assets: Debtor5 Cash at bank and in hand 69,588 59.832 7.095 226.326 Uabllltles: Creditors.. amounts falling due within one year 129,420 243.421 20 (109,953) (293,3421 Net ￿vreTht assets l (Ilabllllles) 19,467 149,9211 Total net assets l (Ilabllltles) 19.467 149,9211 The funds of the charftr. Resiricted income funds Unrestricted income funds.. General funds 27a 19.467 149,9211 Total unrestricred funds 19,467 149,921) Totsl charlty funds 19.467 149,9211 Approved by the trustees on 31 October 2025 and signed on their behalf by Camilla Waszlnk Chair 34

NRC in UK

Statement of cash flows

For the 9m period ended 31 December 2024

Cash flows from operating activities
Net income / (expenditure) for the reporting period
(as per the statement of financial activities)
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by / (used in) operating activities
Analysis of cash and cash equivalents and of net debt
Cash at bank and in hand
Total cash and cash equivalents
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the		 £
69,388
(51,861)
(184,021)
At 1 April
2024
£
226,326
9m to 31		 £
Dec 2024		 £
£
(4,667)
2,108
183,068
180,509
180,509
45,817
226,326
Other non-
cash
changes
At 31
December
2024
£
£
-
59,832
-
59,832
12m to 31 Mar 2024		 £
£
(4,667)
2,108
183,068
180,509
180,509
45,817
226,326
Other non-
cash
changes
At 31
December
2024
£
£
-
59,832
-
59,832
12m to 31 Mar 2024
(166,494) 180,509
(166,494)
226,326		 180,509
45,817
59,832 226,326

Cash flows
£
(166,494)
At 31
December
2024
£
59,832
226,326 (166,494) - 59,832

35

NRC in UK

Notes to the financial statements

For the 9 month period ended 31 December 2024

NRC in UK is a charitable company limited by guarantee and is incorporated in the UK.

The registered office address is 119 Marylebone Road Marylebone Road, London, England, NW1 5PU.

b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006/Charities Act 2011.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not

d f d Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

g) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

36

NRC in UK

Notes to the financial statements

For the 9 month period ended 31 December 2024

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

l) Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Gifts- AKO foundation Unrestricted
£
-		 £
600,000
Restricted		 31-Dec
2024
Total
£
600,000		 Unrestricted
£
-		 £
-
Restricted		 31-Mar
2024
Total
£
-
- 600,000 600,000 - - -

37

NRC in UK

Notes to the financial statements

For the 9 month period ended 31 December 2024

Unrestricted
£
Income from NRC
1,760,882
Unrestricted
£
NRC Hosting Fee
243,950
243,950
Income from other trading activities		 Unrestricted
£
1,760,882		 £
-
Restricted		 31-Dec
2024
Total
£
1,760,882		 Unrestricted
£
2,123,354		 £
-
Restricted		 31-Mar
2024
Total
£
2,123,354
£
-
Restricted		 31-Dec
2024
Total
£
243,950		 Unrestricted
£
280,575		 £
-
Restricted		 31-Mar
2024
Total
£
280,575
243,950 - 243,950 280,575 - 280,575

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NRC in UK

Notes to the financial statements

For the 9m period ended 31 December 2024

5 Analysis of expenditure

Staff costs (Note 7)
Other staff costs
AKO Grant
Direct costs
Office costs
Professional services
Other indirect costs		 31-Dec
31-Mar
2024
2024
£
£
1,739,009
2,136,213
23,818
4,259
600,000
-
12,708
58,331
140,627
153,973
19,156
42,551
126
13,270
2,535,444
2,408,596

Within total expenditure are governance costs in relation to professional fees of £19,156 (prior year - £42,551).

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NRC in UK

Notes to the financial statements

For the 9m period ended 31 December 2024

This is stated after charging / (crediting):

This is stated after charging / (crediting):
31-Dec 31-Mar
2024 2024
£ £
Auditor's remuneration (excluding VAT): 12,000
Other services 3,500 -

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes		 31-Dec
2024
£
1,470,697
168,565
99,747		 31-Mar
2024
£
1,818,149
205,034
113,031
1,739,009 2,136,213

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

employer's national insurance) during the year between:
2024 2024
No. No.
£60,000 - £69,999 6
£70,000 - £79,999 2 4
£80,000 - £89,999 - 2
£90,000 - £99,999 1 -
£120,000 - £129,999 - 1

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £84,562.20 (2024: £107,885.34).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

8 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 30 (2024: 29).

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NRC in UK

Notes to the financial statements

For the 9m period ended 31 December 2024

9 Related party transactions

During the year NRC in UK received £1,760,882 (2024 -£2,123,354) from Norweigian Refugee Council (NRC). NRC in UK is a representation office in the UK of the NRC. NRC in UK paid £600,000 to NRC to support the work of NRC in Nigeria via the NRC

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11 Debtors

Debtors
Other creditors
Other debtors
Prepayments
Taxation and social security
Creditors: amounts falling due within one year
Accruals
Trade creditors
Amounts owed by NRC
Amounts due to NRC		 31-Dec
2024
£
632
51,861
17,095		 31-Mar
2024
£
-
-
17,095
69,588 17,095
31-Dec
2024
£
1,155
71,060
1,165
-
36,572		 31-Mar
2024
£
1,327
72,697
19,638
196,248
3,432
109,953 293,342

12 Creditors: amounts falling due within one year

13 Pension scheme

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £165,287.90 (2024 - £129,323). Contributions totalling £Nil (2024 - £18,473) were payable to the fund at the balance sheet date and are included in creditors. Contributions totalling £632 (2024 - £nil) were overpaid to the fund at the balance sheet date and are included in debtors.

41

NRC in UK

Notes to the financial statements

For the 9m period ended 31 December 2024

14 Movements in funds (current year)

Movements in funds (current year)
Total restricted funds
General funds
Unrestricted funds:
Restricted funds:
AKO Foundation
Total funds
Total unrestricted funds
Pension reserve		 At 1 April
2024
£
-
-
Income &
gains
£
600,000
600,000
Expenditure
& losses
£
(600,000)
(600,000)
Transfers
£
-
-		 At 31
December
2024
£
-
-
(49,921) 2,004,832 (1,935,444) - 19,467
(49,921) 2,004,832 (1,935,444) - 19,467
- - - - -
(49,921) 2,604,832 (2,535,444) - 19,467

Purposes of restricted funds

AKO foundation grant for NRC in UK to support the work of NRC in Nigeria. Expenditure has been made in the year to NRC in Norway.

15 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

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