Charlty number- 211231 SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND UNAUDITED TRUSTEES. REPORT AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND CONTENTS Page Relfrrenco and Administratlvo Detalls of the Charlty, Its Trustaes and Advisers Trustees, Report Independant Examiner's Report Statèment of Flnanclal A¢tivities Balance Shègt Notes to the Flnanclal Statemènt8 8-13
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND REFERENCEAND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEESANDADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustee5 Jenifer McFarlane Carol Lindsay Green Gwynn8th Hilary O'Rourke Christine Corless Kale Belinis DL Charlty reglstered number 211231 Prlnclpal offl¢e Beckwilh House Second Floor 1 Wellinglon Road North Sioekport Cheshire SK4 1AF A¢¢ountant8 Vivien Cross Vivien Cross AcGounlancy Servlces Llmiled Bracken Clough Start Lane Whaley Bridge Derbyshire SK23 78R Bankars Nalwesl Sio¢kport Underbank Hall 10 Great Underbank Stockport Cheshlre SK1 1LL Page 1
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Tnjstees present their annual report together with the financial slalements of the Charity for the year 1 April 2024 10 31 March 2025. structuro, gov•rnance and management The Emergency Relief Fund of Soroptimisl International Great Britain and Ireland ISIGBII is an unlncorporated associallon and was registered as a charity, No 211231, on 15 November 1963. The document aulhorlsing the establlshmenl of the Fund wa$ in the minutes of the Executive Committee of SIGBI of 1 and 2 July 1955. The Presldenl Elect, Finance Director and Programrne Director of SIG81 Ltd are three of the f5ve Iruslees with the remainlng two beng elected from th8 SIGBI mombership. The Tnjstees meet when a 5Jggeslion for support has been received In order lo consider that application. Publlc bonofit The trustees ¢onfirm that Ihoy have Gomplied wllh Ihg requlrements of section 17 of the Charities Act 2011 10 have due regard lo the public benefit guidance publlshed by the Charity Commlssion for England and Wales. Objgctlves and aGtlvltles The maln oblecl of the charlly is the rellef of peoples involved In natural and manmade dlsaslers throughout the world. Individual members. Clubs, Reglons, Nallonal Assoelallons or Networks of SIGBI car¢ suggest that funds are provided lor particular 811uallons. The Trustees then eonsider the approprlaleness of the recomm8ndalion and, where applicable, the amount of the grant. The operating protocol for the Fund delalls the approv6d charilles lo which funds will be fOarded,. in excepllonal ¢irGumslances, where ther8 are no charities worklng in the affected are8, funds may be channelled lo a Soroplimisl club. The Gharity will contlnu$ lo respond to suggestions made by members of SIGBI as and when they arise. AGhlovements and porfomiance During the year the following grants were made.. DEC Middle East Appeal- £2,OCwJ Tru5sell Trust- £1.000 Care International Myanmar Earthquake Appeal - £2.000 Page 2
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Finan¢ial rgvlew A 8ummery of the results for the year Is giv@n on page 6 During the year, income re¢eived from donations, legacies and investments was £34,17412024.. £8,888). Expenditure during the year increased in comparison with the previous year as more grants were made. Reserves at the year end stand at £201,89912024.. £177.995). . Re¥erve8 poIIcy Since the charity Is reactive lo suggestions for assistance and aid the trustees have agre8d lo maintain any non- investment reserves in cash in order lo be able lo respond quickly. The level of investments is to be malnlalned as far 88 PO85ible as these Investments product the greater parl of the charity's Income in any year. b. Golng concern After making appropriate enquiries. the Trusloes have a reasonable expectation that the Charity ha5 adequate resources lo continuo in operaliori81 exlslenco for the fore$eeable future, For this rèason, they continue lo adopl Ihe golng concern basis in preparing the financlal slalemenls. Further details regarding the adoption of the golng oncern basis can be found In the accounllng policie5. Statement of Trustees, respon¥lbllltl•8 The Twslees are responslb18 for preparing the Trustees, Report and the financlal statement5 In accordance wllh appllcable law and Unlled Kingdom Accounting Standards (United Klngdom Generally Accepted Ac¢ounllng Praclicel. The law applicable lo charilles In England & Wales requlres the Tru51egs lo prepa financlal slalemenls for each flnancial year which give a true and fair view of the slate of affairs of tho Charity and of115 incoming re80ur¢es and application of resources, includin9 115 income and expenditure, for that period. In preparing these flnan¢ial Stalemenls, the Tru$le9$ are required lo.. select suilable accounting pollcles ané then apply them con51slenlly', observe the methods and prlnciples of the Charitie8 SORP IFRS 102}', make judgfflernls and accounllng estimates that are rea80nable and prud8nl,' Stale whether appllcable UK Accounting Standards IFRS 102} have been followed, subject lo any material departures disclosed and explained in the financial stalemenls., prepare the financial slalemenls on the going concern basi$ unless it18 inapproprlale lo presume that the Charity will continue in busines5. The Trustees are responslble fot keeplng adequate accounting records that are sufficient lo show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial slalemenls comply with the Charities Act 2011, the Charity IAccounls and Reports) Regulations 2008 and the provisions of the Trust dee(l. They are also responsible for safeguarding the assets ofthe Charity and h&n¢e for taking reasonable steps for the prevenllon and detection of fraud and other irregularities. Page 3
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Approved by order of the members of the board of Trustees and signed on Ihelr behalf by.. G.H. O'Rourke (Chair of Trustees) Date.. gHttQcyoV Page 4
SOROPTIMIST INTERNATIONAL GREATBRITAIN AND IRELAND- EMERGENCY RELIEF FUND INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examlngr's Report to the Trustees of Soroptirnist International Groat Britain and Ireland - Emèrgèncy Rellef Fund {'the Charlty'l I report lo the Charity Tnjslees on my examination of the accounts of the Charity for the year ended 31 March 2025 which are set out on page8 6 10 13. Responslbllltleg and Basis of Report As the Trustees of the Charity you are responsible for the preparation of the accounts In accordance with the requirements of the Charilies Act 20111'lhe 2011 Acl'l. I feporl in respect ol my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrylng out my 6xaminalion I have followed the applicable Directions given by the Charity Commission under section 145{SKbl of the 2011 Act. Independent Examlnèr'8 Statement I have completed my examination. l Gonflrm that no mallers have come lo my attenllon In connecllon wllh the examinallon giving me cause lo believe that in any malerlal respect.. a¢counllng records were not kept in respect of the CharSty as required by section 130 of the 2011 Act., or the accounts do not accord wllh those records,. or the accounts do r1 ¢omply with the applicable requirements coneerning the form and ¢onlenl of accounts sel out in tho Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihal the accounts glve a 'lrue and falr. view which is not a maller consider8d as parl of an independent examination. I have concerns and have come across no other mallers In connection wllh the examinallon lo which attenllon should be drawn in this report in order lo enable a proper understanding of the accounts to be rea¢hed. This report is made solely lo the Charity's Tru51ees, as a body. in accordance wllh Part 4 01 the Charities IAccoLtnls and Reports) Regulations 2008. My work has been undertaken so that I mlghi slate lo the Charlly's Trustees those mallers l am requlred lo slate to them In an Independent Examiner's Report and for no other purpose. To the fullest exlenl permllled by law, I do not accept or assume responsibility lo anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Dated. ."1.. 2r."L? Vlvlen Cross BA (Hons) FCA Vlvl&n Cross Accountancy Services Limited Chartered Accountants Bracken Clough Start Lane Whaley Bridge Derbyshire SK23 7BR Page 5
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestrfcted funds 2025 Totsl funds 2025 Total fvnds 2024 Note Income from.. Donations and legacies Investment5 Total Income 30.146 30,146 4,028 4,583 4,305 8,888 Expendlture on: Charltable activitie8 5,000 5,000 2,000 Administr8llv6 c0518 1,737 1,737 1,691 Total èxpenditure Net movoment In funds before other rècognlsed gainsl{losses) 27,437 27,437 5,197 Other rocognlsed galnsllloss88) 13.533) 13,533) 9,052 Net movement In funds 23,904 23.904 14,249 Reconclllatlon of funds Total funds brought forward N61 movement in funds 177,995 23,904 177,995 23,904 163, 746 14,249 Total funds carrlod forward 201,899 201,899 177,995 Tha Slalemenl of FinanGial Acllvlties Includgs all gains and108ses cOgnISed In the year. Thg notes on pages 8 to 13 form part of those financial stalemenls. Page 6
SOROPTIMIST INTERNATIONALGREATBRITAIN AND IRELAND- EMERGENCY RELIEF FUND BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Investments 138,807 142,340 138,807 142.340 Current assots Debtors Cash al bank and In hand 10 2.379 61,737 887 35, 799 84.116 36,686 Creéilors.. amounts falllng due within one year 11 11,0241 (1,031) Net curront asset8 63.092 35.655 Total a88•ts1oJs current Ilabllltlos 201.899 177.995 Total nat a$sot8 201.899 177.995 Charlty funds Restricted funds Unrestricted lunds 12 12 201,899 177,995 201,899 177.995 The financlal slalemenls were approved and authorised for issue by the Trustees and slgned on their behalf by.. G.H. O'Rourké (Chalr of Trustèes) Dale.. A Voioojn. i&1 11202 The notes on pages 810 13 form part of these financial slalements. Page 7
SOROPTIMIST INTERNATIONALGREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General Informatlon The charity Is a public benefit enlily and a registèred charity In England and Wales and is unlncorporaled. The address of the principal office Is 2nd Floor Beckwilh House, 1 Wellinglon Road North, Stockport, Cheshire, SK4 1AF. AcGountlng poli¢ies 2.1 8asls of preparation of flnanclal statements Th& financial slalements have been prepared in aGcordance with the Charitie8 SORP {FRS 102) Accoullling ané Reporting by Chari1Ses'. Slalemenl of Recommended Practice applicable lo charilies preparing their aceounls in accordance with the Financial Reportlng Standard applicable In the UK and Republic of Ireland IFRS 102} leffeclive 1 January 2019}, the Financial Reportlng Standard appllcable in the UK and RepLtblic of Ireland IFRS 1021 and the Charllles A¢t 2011. Emergency Relief Fund of Soropllmisl International Great Britain and Ireland {SIGBII meets the (Jefinilion of a public benefit enllly under FRS 102. Assets and liablllties are initially recognised at hlslorical cost or transaction value unless otherwise slated Sn the relevant a¢counling pollcy. 2.2 Golng conc•rn The financlal $18lements have been prepared on a golng concern basls which assumes an ability to continue operating for the foreseeable lulure. The Trustees have concluded that they are confident that the charity will continue as a going concern should income be adversely affled by unforeseeable cir¢umslances. Wllh free reserves of £201,899 {2024'. £177,995} held by the Gharily, cash of £61,737 12024.. £35,799) and investments of £138,807 12024.. £142,340), which can be liquidated anylim8, the charity can continue lo operat& al Ils current level of a¢livity. 2.3 Incom8 All Income is recognised once the Charity has enlillemenl lo the income.11 1$ probable that the Income wlll be received and Ihg amount of income receivable can be measured reliably. Income from donallons or grants Is recognised when there is eviéence of enlillemgrl lo the gifl. receipt Is probable and the amount can be measured rellably. Legacy Incomo is recognisod when receipt is probable, and enlillemenl Is established. Income from donated goods 1$ measured al the falr value of the goods unless this is Impraclical to measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services arg recognlsed in the accounts when received if the value ¢an be reliably measured. No amounts are included for the contribution of general volunteers. Income from eonlracls for the supply of services Is recognised with the dellvery of the contracted service. Thls is classified as unreslricled funds unless there is a contractual requirement for it lo be spent on a particular purpose and returned if unspent. in which case il is recognised 2$ reslricled. Page 8
SOROPTIMISTINTERNATIONALGREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDED 31 MARCH 2025 Accountlng policies Icontlnuedl 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be requlred in selllement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The ¢osts of each activity a made up of the lolal of direct costs and shared costs, includlng support ¢osls involved in undertaking each aclivily. Direct ¢osts attributable to a single activity are allocated directly to that activity. Expenditure on charitable acllvities is inCurd on directly undertaking the acllvlties which fL¢rlher the Charity's objecllves, as well as any associated support costs. All expenditure is incluslve of Irrecoverable VAT. 2.5 Inv88tm8nts Flxed asset investments are a form of financlal instrument and are initially recognised al their Iran$a¢lton cost and Subsequently measured al falr value al the Balance Sheet dale, unle55 the value cannot be measured rellably in which case it is measured al cost less impairment, Inveslm6nl gains and losses. whether realised or unrealised, are Gombined and pr8$enled as 'GainsllLos$esl on inve8lmen15' In the Slatemanl of Financial Aclivilies. 2.6 0obtor8 Trade and other debtors are recognlsed al the settlement amount after any trade dis¢ounl offered. Prepayments are valued al tho amount pr&pald nel of any Irade di$coursls due. 2.7 Cash at bank and In hand Cash al bank ar¢d in hand include5 cash and shorl-term highly liquld Inveslrnenls with a short maturity of three months or less from tho dale of acquisilion or opening of the deposit or similar account. 2.8 Llabllitlos and provlslon8 Liabilities are recognlsed when there is an obligation al the Balance Sheet dale as a result of a past evonl, il 15 probable that a transfer of economiG benefit will be required in 5elUemenl, an(i the amount of the settlement can be estimated reliably. Liabilities are recognlseé at the amount that the Charity anlicipales11 will pay lo sellle the debt or the amount it has received as advanced payments for the goods or servlces11 must provide. Provislon$ are measured at the best estimate of the amounts required to sellle the obligation. Where the effect of the lime value of money is material. the provision is based on the present value of those amounts, discounlod at the pre.lax discount rale that reflects the risks specifi¢ lo the liability. The unwinding of the discount Is recognised in the Slalemenl of Financial Aclivllies as a finance cost. 2.9 Flnancial instruments The Charity only has financlal assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial Instrumen15 are initially recognised at transaction value and subsequently measured al their selllemenl value with the exception of bank loans whlch are subsequently measured at amortised cost using the effective interest method. Page 9
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles {continuedl 2.10 Fund 8¢Gountlng General funds are L¢nreslri¢led funds which are available for use al the discretion of the Trustees in furtherance of the gener21 objectives of the Charity and which have not been designated for other purposes. Investment income. gain5 and losses are allocated lo the appropriale fund. Incom• from donatlons and legacles Unrestrlcted funds 2025 Total funds 2025 Tol81 funds 2024 Levies Glfl Aid Logacies OlheT donations 2,109 311 25,127 2.599 30,146 2,109 311 25,127 2,599 2,238 259 2.086 Invè8tment Incom¢ Unr•$trScted funds 2025 Total funds 2025 rotsl funés 2024 Investment Income 4,028 4.028 4,305 Expendlture on ralslng fund8 Unre8trlct fund8 2025 Total fund8 2025 Totsl funds 2024 Investment expenses Accounlancy fee Bank charg&s 1,407 330 1,407 330 1,371 320 1,737 1.737 7,691 Analysls of expenditure on charltable actlvltles Summary by fund type Unrestricted funds 2025 Total funds 2025 Total funds 2024 Benevolent grants 5,000 5,000 2,000 Page10
SOROPTIMIST INTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7. Independent examlnèrfs remuneratlon The independent examinels remun8ration amounts lo an independent examiner fee of £330 {2024- £320). 8. Tru8tees' remuneration and exp•nsès Durlng tho year, no Trustees received any remuneration or other benefits {2024- £NIL). During th8 year tred 31 March 2025, no Trustee expenses have been incurred (2024- £NIL). Flxed asset Invostment¥ Llsted Investmènts Cost or valuatlon Al 1 April 2024 Revaluations 142,340 13,533) At 31 March 2025 138.807 At 31 March 2024 142,340 10. Debtors 2025 2024 Ouèwlthln one year Other debtors 2,379 887 11. Credltors: Amount8 falling due wlthln on¢ yoar 2025 2024 Accruals and deferred income 1,024 1,031 Page11
SOROPTIMISTINTERNATIONAL GREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Statement offund8 Statement of fund8 - current year Balance at 1 April 2024 Balance at 31 March 2025 Galnsl (L055es) Income Expendlturè General funds 177,995 34.174 16.737} {3,533} 201,899 Statement of funds - prior yèar Balance 8t I April 2023 Balance 81 31 March 2024 Gains/ (Losses) Income Expenditure General funds 163,746 8,888 {3,69tJ 9,052 177,995 13. Analys18 of net a88et$ b•tween fund¥ Analysls of not a88èts betweèn funds . currant yèar Unrostrlctgd Funds 2025 Total fund8 2025 Flxed asset Inv8slrnents Current assets 138,807 138,807 64,116 64,116 Cr&dilors due within one year Total 201,899 201,899 Analysls of nél a$$ets botweon fund8~ prlor yaar Unre8trlcted funds 2024 Total fund8 2024 Fixed asset investments Current assets 142,340 142,340 36,686 36,686 1,031 177 995 Creditor5 due within one y8ar Total 177,995 Page12
SOROPTIMISTINTERNATIONALGREAT BRITAIN AND IRELAND- EMERGENCY RELIEF FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. R•lated party transactlons The charity has a very close relationship with Soroplimisl International Great Britain and Ireland ISIGBII Limited which nominates all of the trustees and managemenl committee. Soroptimisl Inlernglional Great Britain and Ireland ISIGBII Limited collects levies, payable by the menibers on behalf of the Charity. During the year the amounts collect6d and received from Soroplimi81 International Great Britsin and Ireland ISIGBI) Llmiled lolalled £4,30712024'. £4,324). Al the balance sheet dale a lolal of £2,110 {2024: 6281 was from Soroplimist International Great Britain and Ireland {SIGBII Limited. No tru51ees re1Ve any remuneralion or other benefits directly or indirectly from th¢ charity. No other payment5 have been made lo the Iruslees in the year. Page 13