hristian ai Chrfstlan Ald Ireland - Northem Ireland (a company limited by guaranteq not having a share capltsD Flnanclal Statements for the year ended 31 March 2024 Contents Admlnlstrative D8tsils Director8'nru8tee8' Strateglc Report Audltor8 Report 36 Ststement of Financlal Actlvltle8 40 Balanco Sh 41 Ststement of Cash flow8 42 Notes to the Financlal Statsments P8qe12 Christiw Ail IrdarKI- Northern Ird8ThJ The folovthg were mwnb8r8 of the Board of Dlrectorg of (ynl8atlon forthe >*erto 31 Marth 2024. Dr Uz Hughe8 Mr8 Ros8moThl B•nnett Vlc• Clwlr MrGrahom Whfte (Reglgned Apr Dr Nlcal• Brnty (4)P￿ntsd ¥ MrPaul Q￿nn HeedofPeacebuHts7w & ConfMctPrMnt Mr Scott Smlth Heed ofFlnance & Govemanc• Dr Syrn Alken M8 Paullne Conway Mr Geoffrey Corry Coltn D8rllng r Hal Ho6ford Rev Uel Ma￿* (Appdntsd Nov 2¥ Rev Paul Maxwell (Appolnted Nov 23) Very Rev Dr ￿an Pattemn (*woliit¢d Nov 23) Rev Dr LMngston• Thompion M4 Maove MThll Mrn Ruth Cooke Mrconor UNeMI adofPotr&Atrffj( Clara Loughnvy Hpadof Pmgramme De￿lOp￿￿tt Mr Gordon Shannon He8dofl¥ow•n￿ F￿(kng Mr Hal Hogfo par pa￿ DOMIK Headcf PAedla a Cornmunk8Uon• Mg Ma8v• Marnell (Chalrl Mr Hal H08ford Rav Dr Uz Hwhes Rav Dr LMng8tone Thomp80n Dr Steve Alk•n (Appolnted O¢t23} Mg Sugan Webb (Ap￿lftt￿ Feb 24) Mr Grnham Whlte (Reslgned Apr23) Llndon Hougo Be•dlll Bu8lne89 Parf( 96 Beethll Road Belfart Th 7QN Dan•ke Bank Dr N*ola Brady (Chalr) Rev Dr Llz Hughe8 M• Gllthn KlrKJston (ExierrAI) 353 Usburn Road Belle￿ BT9 7EP Ms Paulln• Conway (Chalr) Mr Gaoffr•y C(wry Ed OTJonovan (Exttrnar) PAJ8Brlo Kunda (ExtemaD Bob Hanna (Efftm8D cro￿ Ireland Chartw#l Accoirrtama 18taiulDry Audll Flmi 40 M08pII Pffjad Dublln 4 D04 tr2N4 CThn & McDowell Murray Hou8e Murray Street B•lf4•t BT16DN Dr Slwe Alken (Chlr) Dr Nlcola Brao Cdln Skehan (ExtemoD Jane Adraln (External) Megon Ro88 (EthrnaD Cl* Numbw• Nl Company ntr N1059154 (NI) Charlty Repl8irniion ￿). XR94639 (No •rlty Commls*n for Nl no: NIC101631(NW) pa￿18 Chrfsd8n Aid Ireland. NtYtFvn Irelsvj Dlrnctors'lTruste•8' siraiegk R•port The Dlrector8 have pleasure In 8ubmlttlng thelr Annual Rqjort and audlled Fhanclal Statements of the comp•ny for the ￿r ended 31 March 2(Y24. Syrwbjre. Management and Govern8n Legal S1atus ChrI8t1￿ Ald Ireland. a P￿lIC Benafft Enllty,18 the development agency of the Church of lreland.the Presbyterlan Clwjrch In Ireland. the Methodl8t c￿rCh In Irelemd. the NcrfFS￿J9¢r1b1ng Presbyterian Chwch of Ireland. the Mornvlan Churth, the Salvatlon Army, the Rellglous Soclety of Frlend8 (Quakorn) d the Irlth c￿ncIl of Churcho8. Chrlstlan Ald Ireland operate8 on an alHreland b8818 Trwver two c¢Jmpanle8 have bean regl8ter•d underlhe name Chrlsti8n Ald Ireland. In Northwn Ir•larf ChrI8t1￿ Ald Irdond18 o company 11m1t￿ by guarnntoe not havlng a 8hare capltsl (Reglsiratlon Number N1059154). In Northern Ireland the company16 reg16tered wlth the Charfty Commlsslon ol Nort￿ffl Ireland (Charlty Number XR94639). The flnanclal statements are prq>8red In Sterllng and are fully audlted. In the Rapublle of lrnl•MI chrfsl1￿ Akl Ireland 18 8 comp8ny Ilmlted by guarantee not havlng a share capltal (Regisiratlon NumbLY 426928>. In the Republlc of Ireland,11x comparry18 registered wlth the Chafftle8 Regulatory ALrthorlty (Chartty Number CHY6998). The flnanclal atatemthtt8 ere prep8red In Euro and fully audlted. The two cornpanles comply with all the legal and flscal requlremerrt8 of thelr own Jurl8dlctlons bul qierate together arNJ produce 8 noTr3tatut¢xy report and comblned aecom for the whole of Ireland to reflect th18 Po8tt1¢￿. Both oryan18atlons are govemed bythelr Memornndum and Artlcle8 of A680clatlon and provlde for membeTrbased orgenl88llon8 Ilmited by guarantee. Relaled Organlsatlons Chrf8llan Ald Ireland Is part of the wlder Chrlstlan Ald famlly and18 a related party of Chrl8tlan Ald (a company reglslered In the UK eomparty nth 517525. charlty no. 1105851). Clylstlan Aid Ireland 8hores the lrtematlonal Department of Chrlstlan Ald and recelve8 sorne 8erYlce& Includlng H￿11 ReS￿r¢eS. Inforrnatlon Technology and Supporter Re￿IonS wpporL Bosrd Members and Strueture Chrlstlan Ald Ireland a8 dlscu88ed thve operat•B on an olHreland bas18 under two limlted cornpanles ragistered underthe name Chrfsllan Ald Ireland. The Trustee8 are also full Dlrector8 of Chrlstlan Ald Ireland for Company Law wrpo8es. Dlrectorg are drawn from dlyerse baclqround8 In bu8ines4 professlonal Ilfe and mernber churches. Th18 ensure8 a bmad rarvJe of experlence and sklllg are brought10 Board demberatlons. Two C8tegorle8 of DIreCtr￿ exi8r. at lew( elght (max 10) r￿resen￿￿e0 of the member churches and up to 7 other repre8entatlve8 appointed bylhe Board of Chr18tlan Ald Irel?￿d. There are 6 Board member8 In comrnon be￿en the Ncrthem Ireland and Rwublk of Ireland cmm•ndlng 8ubmarfne8 and worklrYJ extenslvely In1he Mlddle Ea8t. He holds a PhD and MPhll from the Unlverslty of Cambrldge in the fleld of Internaiional relatlons. He18 8 member of Kllbrlde Ch￿Ch of IrelarKI and Ilve8 In Ballyclar4 County Antrfm. Dr Nlcola Brady (Vl(% Dr Nlcola Brady18 General Seuetory of Churche8 Together In Chalr) Brttaln Ireland. Mg Paullne ConMy Ms Paullne Conway 18 a forrner lrfsh dlplomaL who 8•rved In the Department of Forelgn Affatrs Trade from 1979- 2009. Paullne Is actfvety Intsre8ted in cllmate chanoe188ueg. s￿18 a parlshloner of Guardlan Ange18 churc￿ Newtownpark Avenue. BlackrocK Dublln. Mr Geoffry Corry Mr Geoffrey Cory18 a Dublln Methodl8L He started out as y￿rth Offlcer and 8wttched careers In 1987 to becorne a 8elf- employed dlalogue facllttator, farnlly medlator and medlati¢)n tralner runnlng hls own courge8 for over thlrty yefn. He ha8 dlrecl expOrf￿Ce of worklno In conflict 81tsJations In IsraellP8le8iine. Colombla, Halil and West Afrfca. Rev Colln Darflnll Rev Colin Darllng Is rector of St John'8 Klllyleagh. Colln Is pa991onate about helplng people on thelrjoumffy of falth. wever they h8PPffl to be ￿ thatjourney. Mr Hal Ho8f¢yd Mr Hal Hogford18 a chratered accomrt 8 rnernber of Dun Laoohalre Methodi81 Church and a Trustee of the Meihod18t Chwch In Ireland. Ms Maeve Marnell M8 Mam Mvnell18 a 8011cltor. Maeve found•d chartty F¢)od For Thought Afrlca In 2007 arKI rernakns an Executlve Tru8teo. Maeve has been Involved In the Northem Ireland Cwncil for Intsgrated Educatlon slnee 2016 and18 an Independent a88e880r forthe Comml88loner for F￿blIC Appolntments Nl. P￿e19 chrf5t￿AId IreLqtKI- NcrttEm IrEl8nd Rev Uel Marr8 (Appolnted Nov 23) Rev Paul Maxwell (Appolnted Nov 23) Rev Uel Marrs Is Secretary of Councll lor Global Mlsslon of Presbyterfan Church In IrelarKI. After $ervlw 88 a Lay Pa8toral A88lstant on Ihe Cork South and Kerry Clrcull of the Klethodist Church in Ireland. Paul cfindideted forthe Methodlst mln18ty and Ordained In 2011. Pauys minlsty ha8 tsken hlm to Cavarn Longf(wd. Carlow. and Kllkenry and he18 currently ￿atIOned In D￿donald on the Belfagt Clrcutt. He18 8180 the Convenor of 1he Methodist Church In Ireland's World Developmenl and Rellef Commlttee a member of the Irl8h Methodlst World Mlsslon Partner8hlp Conxnlttee, Irish Methodlsl Safeguardlng Board fjnd the European Commi88lon on Mlsslon. commlttee on World Development and M1881on for the European Method18t Church. Very Rev Dr Iv•n Patterson (Appolnted Ordalned Mlnl8ter In the Presbythrlan Chwch In Ireland. Nov 23) Min19tsred in Newcastle, Co Down for 22 ￿ar8 before retirfng. mOde￿Or of PCI 2011 and Presldent of the Irlsh Council of Church 2019-21. ConV￿er of Union Collegrfs Management Comrnlttee. Lono tlme Involvwnurt In Central Europe espedftlty Hungary and Romanla. Rev Dr Uvlng8tone Thomp80n Rw Dr Llvlngstone TIK*npgon18 a reliqlon speclallst and theologlan. He brfngs a wealth of knowledge in a number of fields and experlence and 8kllls In Dlverslty and Incfugion tralnlng and In the manaoernent of non4Jovwnmental organi8Jtlon8. x '.* ChrfstBn Aio IravTrd- Wthem I￿1¥ Stratsgy Durfng 2021 the Board of Chr18tlan Ald Ireland aFyroved a new five year (2022-2026) ￿jan*￿tIOnal 8trategy tltled"Strcfflger Togetheff. Mlgslon Everyone18 equal In the 8lght of God, yet we Ilve In a world where th Bcendal of poverty. Inequallty and InJu8tl¢e per818ts. We act ag a global rnovernerrt of people10 re8pond in practlcal way8 to allevlate 8ufferfw: to expose and eradlcat8 ml8u808 of power, and to provlde hUm￿ltar1￿ 8UPPOrt In crfse3 and emergencle8. We are a f8lth4a8ed organl8atlorn anchored In many church cowregatlon8 arKI a wlde netvmrk of tru¥(ed parthershlp8 wlth org￿lsatIOnS acro88 the worfd hold the Same values. We bear wltne89, aMplI￿r￿j 1he vclce of the marglnallsed and u81ng our global presence to create a movemenl of people who p8881onately thampk)n dlgnlty, equalFty and ju8tlce for all. Vlslon A world %there: Evwyone Ilves In dlgnlty. free from poverty, InJu8tlce. Inequallty vlolence. Global resources are shared fairfy and u8ed su5talnabty. The volce$ of th08e Ilvlng in wmrty and (x1818 are ednplifled 80 their 6torle8 are heard thelr 8truggle8 charylon&l. Value8 Love, Dlgnlty, Justlcl Equ811ty. arnl Integrfty Identity We are hera lo help end povffty. Injustlo, Inequallty and vlolence In 8ome of the poorest courtrle8 across ihe wcdd. We are an Irrtemational developm•tt agency founded bythe Pn>testanl Cl￿TcheS ol Britaln and Ireland. Chrlstlan Akl Ireland Is a Seperale independent errtlty wlthln the wlder Chrfgtlan Ald famlly. 8harfng the seme vlslon and velues. (￿r WC￿ Is based on our Chrfstlan bellef that everyone18 created In the image of Qod and deseN88 to a Ilv• a full Ilfe. We taC￿e both the symptom8 and ro￿ cauges of povffty and InJu8tlce. challenglrvJ 1hg systWll8 and 6truclures that keep people poor. powerles& marglnallged arKI vulnerajle. We 8UPPOrt people of all fatths and nrme by worklng wlth local partners In around 30 countrles In Affic4 A81i the Mlddle Eart Latln Amerlca and Ea*em Europe. Over two thlrds of the cowrtrl88 WQfk In are affected by Corffllct. We •re a global movemert of peopl¢ thurche8 ond partner organl8atltJn9 who pas8lonately thamplon dlgnlty. equallty and Justlce worldwide. We are the change maker8. the peacernak8rg, the mlghty of heart. We are a member of Acr Alllance (Action by Churches Together), the worldwide ecum￿1￿1 network for emergency rellef. We are a180 8 merT*Jer of the IEA 0rf8h Emergencle8 Alllance). Page | I I Christk9nAHI Irdsnd- lid* Where we work: chr1st1￿ Aid work8 globally In 27 countrk8 In partnff8hlp fall￿baSed and secular parlner organl8atlon8. Chrfsllan Ald Ireland has a 8pecl81 fo(w8 on 23 core countrles, where wa concentrate ow effort8 and r88ource8 to effeoL Ow fows cL￿ntrte$ are.. Afrlca: Burkina Fajo. Bufundl, D•nocratlc Republlc of Congo (DRC), Ethioplo. Keny4 Malawl. Slerra Le￿e South Sudan. Zlmbabwe and Nlgerfo. A814 Mlddle East: Afghanlstsn. Banglade9h. Syrfa. Lebanon, Israel and the OcC￿PIed Palestlnlan Terrltory OoPt). Myanmar. Latln Amerlca wd the Cwlbbean: Colomblffj Domlnlcan Rewbllq El Salvador. Guatem81 Halti Ho￿l￿a8 Europv. Ukralne Pag2112 ChrithnAJd Irdand- NDrthem Ird8fKi How wa work Worklng through p8rtner8hip.' People Ilvlng In poverty ara the real expert8 on thelr 811uatlon. They thould have 1he power to shape thelr future 8fKI fulfil thelr human rfght8. That18 why we wiyk wlth local organl8ation8 or partner8 thai have a unique Inglght Fnto the probl£Yn8 faced by thelr comrNnltle8. Together we develop projects tallored to meet the needs of communltles. whl¢h dlffer across locatlons and ciyrtexts. We work to en8ure that people INing In poverty. e8peclally won*n and exclud&l gro￿$ can particlpate In declsloTrmakln& holdlng th08e In Ptr#verto accoLmt W¢Jrklnp through partner organlsatlon8 also mean8 that we can provlde support ag soon a8 emergencle8 happen ond ensure that a locall*led re8ponsa 18 8U81alnad both durfw and after a crfslg. How wa Éngage and oommunloate wlth stakaholder8 Chrfsllan Akl Ireland communlcates regularfy wlth our supp(Yter8 abo￿ how thelr generous donaiiong are wt to U8e to tackle poverty and Injustke. Our websiie, chrfstlanald.l¢ alongslde our moln 8oclal medla channels Fa¢ebooK Twltter and Ingtagran are the prlrnary ways In whlch we 8here regular updatss. We produce ts0 16*age magazlnes a year In May and October. wlth feature artlcles ab(xrt our over8eas Churth and conYnunFty Inltlthes auogs the Ropubllc of Ireland P￿d Northem Ireland include regular ￿treath and InforM￿knn e¥￿ts to facllitate factritrface engagement and excharye wlth valued supporters. How we engage wlth 8tsff: remuneratlon pollcy HR18 prOvId￿ under a shared servlee agreement from the London offlce and to d￿e our renwnff8l1¢￿ pollcy follow8 thelr wrltten polky. Solarle8 ore set wlthln In a pollcythat reflects the valueg and eth08 of the organlsalkn, benchmarklng agaln8t olher compwable charfti88 and church organlsatlons at a level th¥(18Ju8t bel¢y•Y or at the medlan of thea• comparators. Tho baslc prfnclple for d*emiinlng 8alarles18 that ernployee8 carrying oul the Mme or slmllarjobs In the 8ame locatlon are pald the game or slmllar 8alary. Salarfes dlffer whqrn job8 are of a dlfferwrt slz4 corry>lety. reSp￿81b11Ity and accI￿rnabl1ttY. Ta(*llng global poverty and 8oclal njustlce Is hlghly complex and we value the contrlbutlon that ￿ch Indlvldual employee makes to ￿r organ18•tlon's Ju￿ess. Our approach to reward 18 gukled by the followlng prfn¢lples whlch are applled equally to dl our staff ￿erever thay are located end whatever thelr p091110n: We wlll provide a 10ts1 reward ped(age whlch r•cr*Jnlse8 corrtrfbuiion to the achievement of our almg. Our reward offerlng wlll be competttlve In the marketyiace from whlth we draw tha people we The rv￿ard declsion8 we make wlll be ￿nsIst￿rt and ba8ed on objectlve a8•e83m•ft of ￿1r organl8atlonal needg. Wherever we can we wlll offer flexlblllty ond cholce 80 th¥( IrKllvlduols can athleve what Is m¢Jst relevont and has most value to them. We wlll make arrangements ￿1¢h comply fulty wtth relevant legI81￿10n wherever we operallrvJ. Chrf8tlr￿ Ald Ireland m￿ltOTa arry charvJes to or ￿1ft8 applied by Chr18tlan Ald and decldes whetherthe change8 are applicable. relevant and qvproprlate lo each of tha jwisdlcilon8 In whlch we P8ue113 thr,sb8n Irelar*J- ￿trt￿m operate (namaty Northem Ireland and Rewbllc of Iraland). Pay upllfts are dl8cussed and revlewed by the Income. FInan￿, Rlak and Audlt comrnrttee OFRA) end approved by the Boord. Commitment to best practlce In Corporate Govemance Chrlstlan Ald Ireland18 comrnltted to the standard8 contslned wlthin the1rf8h Develowneffl NGO8 Code of Cryrate Governance a8 dweloped by DOcha8. The alm of the code18 to determlne and formul￿? 8tsndards of best practice In corporate govern￿Ce appllcabla to the Devek¥merrt NGO 8ector wlth a view to strength￿INj ihe Imp8Ct and quallty of Develownent NGO work ar￿ whanclng Stskeholdar eonfldence In the 8ector. Chrlstlan Ald Ireland belleve8 that It 18 wmpi*m the Ch8rltla8 Govemance Code as requlred by the Charitles Regulatcf. Reportlng ￿ coryliance wa8 requlred by Jenuary 2021. Th18 code ha8 repl8eed the DOcha8 code refwred to above. Oblectlves chrf81l￿ Ald Ireland belleve8 In tacklirrfJ the root cause8 of poverty, not Just 1he s￿￿00M8. We belleve the world and must be chaThJed 30 that there18 equallty. dlgnlty and freedom for all. We are drlven to make th18 change happen and to Ingplre other8 to help rnake It happ￿. Povty, powLY. protheiic volce arKI perknwshlp are the four core plllar8 of our undor8tandlng of how to addre88 and eradlcate poverty. Our ¢xg•nl••Uonal 81ratffjy to h•lp ￿ •thlw• thM• plllfff4 h b￿ad around Ilwi 4 •t•t•m•nts of •lral•qle &rt•nt Bulldlry o movem•nt am• Ir•l•ntr. Ampllfylry Ihe volces of those Ilvlng In pmrty and crllls In the countrle8 we work ITh we will moblllse Indfvldua18. churches. coalltlon8 and othar orgen18ations to work wlth u8 for the world we want to 8oe. BuNdk¥ peac•ful Jult Inclwlv• •ocl•tlo W• wlll work In solldarlty wlth our partner8 to address the ro(rt cau8e8 end 8ymptoms of poverty and meet the needs of marglnall8ed p80ple and communllle8 In crf8e8 and confilct. We wlll Ixing together our Ilftr8avlng humenltarlan W¢xK lorvJer 1tsYm development prooramme8 and paoce1￿lId1ng effort8 to betier 8UPPOrt people Imng In cr1818 sttuatlon8. DIm￿d￿￿ gffjdqr ew•llty aNI •wortlry p•opl• vtho la￿ dl•erlmln*lo￿. We wlll in solldarlty wlth ￿r p8rtner8 lo thallenge Injustlce so that overyone. e8pod81ty women and glrls and th08e d180rfmlnated agalngt b8eau8e of thlr Identlty, can Ilve a full Nfe. Tackllng the mot ewg•9 ol Infv811w. We will Identlfy. challenge and change the 8yStemg and structsres that keep people In tackling Imbalance8 In power and ensurfng the worlrfs re8￿ree$ are shared falrty arKI 8U81ainably. Our corwate pri¢xllles arw. C(Yporat• Prforfty 1. Iner•q•• In•UttrtI(m•l Incom•: We 9eek to grow and dI￿r81fy our Income 8ource8 and manage our costs effethely. We al80 ¢ommlt to Influenclng donor8 to provlde flexlble fundlng to local￿led humonPtarfan, d8velownent and PeaCeF￿lIdIng Inltlatlva9. Cryrni• Prforfty 2. Incr•••• non kn•dtullon•l Inoome: We heve sean a decllne in unrestrlcted Income over the last few year8 In partlcular area8 Suth as Chrfsiian Akl Week h￿se 10 h￿8• collectlons. We commlt to 8rowlng our Income and Insplrin8 donors to 8fve generowly, from Pege 114 Chrfsti8n lid Irdand- lthcl Indlvldual supporter5 to trusts. thurches and Instltutlons to ensure our vlslon of the world we want to see Is funded both n(￿ and in the future. Cryrat• Prfth 3. Orgonhaiional opwatlonal •xc•lqrnv. we commlt to Chri8tlan Afd Ireland hlng a poslllve placa to work for and wlth. Thls I￿lUd￿ Bqlnq a dlver8e. welcomlng, Incluslve and 88fe space to work regardle98 of race, ethnlclty, lallh, dlsablllty. Soclal bad(ground LY sexual orlentatlo Ensuring ow values of love. dlgnity. Jusllce. equallty and Integrty are Ilved ¢xrt th￿gh all aBpects of our work Belng accountable to our donor& 8UPPthff8 arKI Ihe communltle8 we wark wllh by managlrvJ our re80urce4 dellverlng our worf( effoctlvely and effklerrtly and mlnlml8lng our footprfrt on thls fraolle e¥th: Comrnltting to ow own leamlng and development Monltorlng our work. Cryrat• Prtorlty 4. D•lFd•r Inwact In ow programm••: In Ilne wlth our organ188tlonal glratsgy we wlll: Dellvw qualltyprogramme8 focug8d ¢)n: by wldlng Ilf 8avlng emergency suN)orL Me￿IngfullY Involvlng Wome￿ yvulh marglnallsad people In peaeebulldlng & conflict prevenllon kYoce8ses and 8UPPOrting people to demand thelr baslc rlghts and promotlng human rlght&' ￿￿0d[D￿ti by parnierfng wlth femlnlst and mlnorltrled organlsatlons to brlng about gend•r equellty, 1X￿noting arKI protecung ihe efforts of ow partner4 human rlghts defeThlers and aciivl8t8 to brlng an to di8crlmlnatlon. strengthen the protection of vulnerable groups. uslng our expertlse to support and 8tMgthen partners to reduce and re8pond to violence agalnst wornery gtrls and other at- r18k group8 and ￿rIvIng to'Leave No One Bthlnrf Deepen ow commltmert to partmrthth by. thernplonlnp the wlshe8 and preferences oftho pe4)le we work wlth and 8hlftlng p¢yfftrto local communttle¥ deepenlng our understsndlng of how our power thapes Dur parkner8hlps; leamlng fr￿n the expertlse of local pvtner led con8Ortlum In th18 framework 7 further ECHO proposa18 were submitted thls year. We have recelved I resp￿Se so far - CAI ha8 been wfrmlected for the ryoposal 8ubmitted In Souih Sudon. R8spon8e8 to proposals for P*anmar, &wklna Faw, NW Nlglrfo. NE Nlg•rfa, Pale•tkne and Hdll are awaited Co￿Orate Prlorlty 2: Increase non Instltlrtlonal Incorne We recognlse that 8 large per¢ent8ge of our wbllc Income18 generated by a￿1 through thurche6 indlvlduals Ytho are part of a worshipplng community. An ￿81y￿Ss of ourtotsl In￿rne In the past ten yearg Showed relatlve stsbilty but also the need to put In place a growth 8trategy. prfcfltlslng the channels of regular glvlng, legacles and major gifts. whlle contlnulng to work c108ely wlth our Core ChU￿h partnffghip8 and •vents programmes p8rtlcularfy In the are88 of regular glvlng end legacy Chrlstlan Ald Irelanrf8 publlc fundralslng come8 from a mlx of audI￿ce8 Indudlng thurche& trusts, Indlvldual dlrect mall don￿lOn8. regular gffts, leg8cle8. a shop and 8cffje rr* donor relatlon8hlp8. We value our mojor annual PL*)Ilc fundra181r¥J evrt Chrfglian Ald Week but also recognlse the chall￿ge8 faced by those who lead 1he hou8e10 house eollectlon In Northem Ireland. We have flna118ed our c88e for suppcft. We ￿minUe to explore and expand dlgltsl furKlrai81ng Oppo￿TrI￿e8. We have created a dedlcated Fundrai81ng and comm￿lC&t[0n8 Commlttee to adv18e on ihe work of volurtary fundrai8lng and communleaiion8. We arn gratefijl forlhe ge￿roUS 8UPPQrt of our Small p￿110 of In￿ts and foundatlons In Ireland o have enfib￿d u8 to 8UPPOrt a varlety ol programrnes. We have been Incr&llbty enccwraged ty1he gener08ty of (wr derK>mlnatlonal partners In recent tlme8. The Presbyierfan W¢yld Developrnerrt Appeal hag been 8UPPOrtlng projects In SleTha Le¢)n4 South Sudan and Haltl and addltional fundlng was provlded for the O￿oIng hurnanltsrlan appe81 for Ukralne. The Church of Ireland B18hopg Appeal have contlnued to SUPFrfXt ow pmork In (xjuntrles suth Py 116 Cthnsb8n Aid Irel8rn1- Northem Irdand a8 Malawl and Turkw/Syrla followlng the deva8tstlng et*thquake8. Tha Method18t World Developmanl 8rKI Rellef Committee began a new partnershlp wlth us supportlng a partner CASM In Honduras worf(Ing on cllmate change adaptlon In the dry (x>rrid¢Y. Ctrrporate Priority 3: Organl8atlonal operatlonal excellence We want to ensure that our staff have the rlght sk1118 and abllltle8 to dellver ￿OrtIleS and that those stsff can devel¢)p and flour18h. We 9180 want to ensure that our ￿aff. partners. and volunteers are treated falrly. re8pecffulty arKI wlth dlgnlty. S(xne Chrfstlan Ald Ireland 8taff cirfnue to woth from home and adapt to a dlfferert way or worklng. We contlnue to provlde support where necessary In orderio m&ke thi8 change 88 8traight forward a8 P0881ble. We contlnued10 engura that pro￿66e6 and controls were In plaea withln tha tharlty. to ￿sure we conducted our worf( In an open, tr8n8P8rent and accountsble manner to effectivety manage and eailrol the organ18atlon, methkng all govwnance requlremerrt8. The Board met regularty, dlver8e members, wlth go¢)d 8kllls and mlx of gender. ha3 inductlon wocedure8 in place and18 well attended. Further detalls are outllned in the Structure ManaGYment and Govemonce 8ecllon above. A number of poiicles were etther rnviewed or Irrtroduced over1he c￿rne of the year. A 3wear programme of head offlce Irrtemal Audft8 Is In pla￿. Cmstlan Ald Ire18nd monltors and eomplles wlth leglglatlory standard8 and code8 vthlch are developed forihe sector in IrelarKI. Chrlstlan Ald Ireland 8ubgcrtbe81o and18 ¢ompllarf( wllh the foll￿VIng stsndords: The Ch8rftle8 Act 2009 D6chaB Cade of Corporate Govern8nce DO¢has Code of Conduct on Image8 and Messaglng The Lobbylng Act 2015 The Chorftle8 Govemance Code The Board of Chr18tian Ald Ireland have thogen to compkne the self*88e89mant check1181 on tho CharTtles Govemance code a8 Issued bythe tharltles Regulator Inffiead of the Dtsha8 8elf- A8se58ment chec4cllgL The Board belleves that we are compllarrt with th18 code. The Board aim to en8ure the followlng SIX prlnclple8 of tharlty gOvern￿ce are applled: adyanclng it8 charltabl? purpose behavlng wlth Irrtegrlty leadlng Pe￿Ie exerci8lrwJ control workFng effectrely and bekng accountr￿a and tran8parqnt There were no polltlcal contrfbirtlon8 In 1he year ended 31 March 2024 and 89 a re8uIt no dlsclo8ure8 are requlred under the Electoral Art 1997. A8 requlred ￿der the Regulatlon of Lobbykng Act 2015. Chrt6tlan Ald Irelarml now records 811 Idjbylng actlvlty and communlcetlong wth DeBlgnatad Publlc Offlcla18 (DP08). We have made all rettim8 and gubmlulons requlred by the Act. We c(rtlrNJe to monftor co8t8 and try to ensure value for monvy In ell our procuremerrts. Regular ftnan¢lal mcmltorfng tskes place ¥( Income. Flnanc4 Rlsk and Audft Commlttee and Board rneetlrvJ8. Amual budget and 3year projectlong are prepared 10 ensure ftnMclal Infra￿ruCtsIrn 18 In place lo gulde d8ci8lorHnaking. Page117 Chrlstlqn Ald Irdwd- Nc•1hern IreLqnd Flnanclal R•vlew The flnanclal 3tatemqnts for Chrlstlan Ald lrnland are aet out on page 40 to $4. A detsiied commentary on the prlncipal 80urce8 of fundlng and the flnanLial re8uIt8 for the yTar ended 31 March 2024 18 8et out below. 31103124 £'ooo 1153 31103123 rooo 1697 Inc the year. the chartty ra18ed Q153k (2022r23: £1697k) whith reflect3 the contlnued ccffimltrnent of Chrlstlan Ald Ireland'8 generou8 8LVPOrter8 and 8pon80rlng churches to meetlng the need8 of poor communltleg throughcxrt the world. The prfnclpal fundlng souffA8 are outlln•d below. DoMUon• Th18 IncI￿leS Chrlstlan Ald w*K Regular Gfft8. thurch Partnershlp& General Donatlon8, and Denomlnatlonal appeals. Glft Ald on donatlong enabled Chrfstlan Akl Ireland to reclalm £170k on donatlons d￿1r￿J iho 2023124 fir￿nCIal ￿ar. lionaiions 31103124 tooo 307 397 350 31103123 £'ooo 407 Chrlstlan Ald Week Regulw G1ft8 ChurchlD8nomlnatlMal Genual Donatlon8 Emeruencv ADDea18 Incomo 824 341 493 2.470 276 Chrf8tlanAld Week We are workkng wlth ow volijitser org8nl8er8 and oolle¢lors to explore and dlvw81fy the annual hw8e to hou8e collectlon. Changlng d&nographlcs and an I￿reasInglY ¢ashle88 sodety requlre8 U8 to be Innovatlve In ow approach to Ihe Chrlstlan Ald Week appeal. Bulldlng cm the lntsgrfty and commltrnent of our colleciof8. 8180 offerlng dlfferent ways to engago the general publlc wlll offer opportunllle6 to 8WPC(t our voluntser8 arnl Increase publlc gmng. A wlde range of 8CtTvftl•8 tske place durlng C*ri8llan Ald Week Includlng our red ￿Velope hou8• to house collectlon$ p￿￿1C slreet collertions. coffee mornirvJ8. church colleciions and the 81g Brekkle campalgn. The arno￿t ral8ed for Chrf8tlan Aid Week was £367K down £40k (7 0%) on last year. Reollar Gffts Regular g1ft8 are payments rnade by genero￿ and cornmftied Indlvldu•ls on a monthty. quarterly ar annual ba818 by dlrect debtt or stsndlng order. The8e donatlong arg most Importarrt as they provlde a s￿ree of predlctable Income allow u8 to plan for future work. Th18 ralsed £397k In the flnanclal year (2022123: £405k). a decThse of £8k (2%). Regular givlng remalns a key are8 for future growth in our fundralslng ￿rategy. P4e118 ChrfsbFn Aid Irel8NI- Ncthem I￿ancI Clmffch PArtner8h￿S and D￿MIna￿one1 Income The ¢hurche8 contiNe to 8UPPOrt us generou81y In and lorvJ- term development work. Income fram Clwrch Partner8hlp81DerKxnlnatlonal Income w88 £350k (2￿. £824k). The main Denomlnatlonavchurth Income received durlw the ye¥ cama from the Pr88byterlan Churd) In Ireland IPCI). Churth of Ireland Blshop8' 4>peal (CIBA). the Methodlst Church In Ireland (MCI) and 1he Rellgiou8 Soclety of Frlends (Quakers). Chjrch Income also Include8 fimdlng recelved from Cl￿18tmaS. Harvest and E8therlLenl appeals. 8peaklng ￿gagements. Churth vlkn and the Black Santa appeal. Genwal Oon8tlon8 Genernl donatlons are th08• donatlons recelved from general c•8h appea15. challenge ev communlty events, trusts & I0￿dationS and unsollclted I1￿orne. Furth•r deta118 of the8e are notsd In the Fundrai8lng 8¢Ctlon of the Annual Report Income from general don￿knne totalled £358k (2022r23." £341k). Emer￿n¢yApPaIS l_mefoenLV Appeals 31103124 £'ooo 31,:03123 rooo Humanltwlan App•d&' Hwigw 4>peal Afghan18kn Appeal 2023 Ukralne Crf818 AppvAI 2023 East Afrfca Hunger Cr1818 Appeal Turkey & Syrfa Eartl￿Uake Appeal Libya Hoods Appeal Mlddle East Cr1818 ApDeal 2023 Emergency Appeals 74 55 210 216 95 493 EmergerKy Appea18 Income fluthuats8 from ￿art0 year dependlng on the 8cale of dlsaster8 arAoss the world. In the 2023124 finarKlal year, two new humanftarlan appeal8 were launched. Christlan Ald Ireland supporter8 donated to our appe818 durlng 1he 2023124 year ralslNJ £276k (2022123: £493k). Th18 furKlltvJ eomej from the publ[4 eI￿reh denomlnatlons and tru8ts and fourKl8tl¢Jn8. L•ga¢lo• Lpgicip-. 31103124 rooo 31103123 tooo 192 L8gacle8 We c￿ttIN8 to recelve donatlons from the legacles of exceptlonally gwenJu8 Indlviduals. who remembered the work of Chrfsthn Ald Ireland wlth wcrlrf8 poorest peopla In 1helr w1118. Th88e indlvkluals contrlbirted £363k to Incorne durkng the year (2022123: £192k). Th1918 another key 8rea we hope to develop a8 OUtliMd In our fvndralslng strategy. P&Je l 19 Chriqtw ￿ Ird8p,d- Northern Ird8nd Otlier Ch3rllable AelivitiÈt 31103124 £'ooo 3 7103123 £'ooo 28 Other Tradlng A(*lvllies Inveglments Income Olher Income 14 42 35 Other Trathg A¢UvlU The trading Income refers to the operallon of our charfty shop In Garva0￿ Co. LondrJnd6Yry. The Income recelved from the shop amounted to £28k {2022123: £28k). Iiiv••tm•nt Polky InMm• Inv08tment8 we made kn short terrn bank deposlts In conjunctlon wth ca8h flow requlrements for the organ18a11on. The8e depoglts pn placed only wlth reputsble In8tltuUon8 that have a credit rnllng of B+ or rfkxq. The Invesiment poslllon of the organ188tlon 18 revlewed by the Income, Flnance. Rl8k and Audlt Commlttee cm an (Jngolng ba818 thrc￿phOut the yyar. The Income short term Investments forthe year wag £14k (2022123: £7k). Whar• th• mon•y c•m¢ from Where the mone/ came from Othv Incom• Qrflidan Akl Week Chwth and Dinomhxtlorml 16% 13% and Oth•r 35% P8ge120 ChrfStr￿ AJd 1rd￿d. I￿18 EXP￿￿119 We spent a total of £1.928k (2022123: £Z339k) durjry 1he year. £1 h52k (75%) wa8 spent betwe8n our charftable actlvnle8 as follow8: Developn*rrt £727k (38%); HumanStsrfan £276k (14%) and Camp8lgnlng. Advocacy and Educ811on £449k (23%). We Inve8tsd £476k (25%) In ralsing fund8. For £1 we spant on f￿draISIng th18 year VR ralsed £4.52 to further our work A key part of our work In develownent arKI emergencles18 work th￿9h partner organlsatlon8. Thege p8rtner8hlp8 are funded by me8n8 ol grants. To ensure that 1he9e partner?hip8 are worklng effectlvely Chrlstian Ald Ireland stsff Spend tlff* Worki￿ wlth parther8 to develop the m08t •ffectlve projects and progreanme8 to be delfvwed10 Increase the partners, capaclty to dellver Ihe prOgr￿me6 efficlenty and effectfvety. and to monltor and evaluate and repwt on the viork the partners have performed on our behalf. An analy818 of where we 8peM our charltable funds18 provkled below. How w• sp•nt the money How we spent the money Rahnw Funth 25% C4mp•yIIMI. Advo47fy antj Educatson FhNnanitarian 14% The total re8erve8 of £1524k 88 a131 March 2024 fall Into iwo cat•gorle8: Re8thted Funds Restrlcted knd8 are oenerated when the donor stlpulata8 a d¢￿atIon moy be Spert. In mary oaseg there will be a tlrne lag be1We￿ when such furKl3 are received 8nd when they are spent. Wllh emergenuy appeal8 thern may be a need for Immedlate rellef w(YK followed by longer temi actlvltle8 to rebulld peop1¥8 Ilves and Ilvelihoods, In Ilne whh the appeal rffju•8L Thls may result In appeal monies beiry 8pent over several yearg. P£Lf121 Chrfsii8n Ald Irel8rnI- Northem Ird At 31 March 2024 w• hld £944k12022123: £879k) In rn8tr1cted fund6. rnalnly relallng to denomlnaiional Income. Re8tricted funds balances 88 at 31 Merch 2024 are detalled In Note 14 of the Flnanclal Slatements. Unrestrlcted Fund8 Unrestrlcied fund8 are generated when the donor doe8 nol 8tlpul8te how the Income may be sperrt. Wllhln certaln operatlng need4 the charftls pollcy Is to 8n8ure that 8uch f￿de are sperrt a$ SO￿ a8 P088ible. whlle guaranteelng that the8e resource8 are used effectively. Unre8trlcted l￿d9 Include de8lgnated fvnds where the DIreCt￿ have 8et aslde money for a specmc purpose. It Is the pollcy of Chrf8tlan Ald Ireland to h)Id a mlnhnal operatlonal re8eNe to cover any thrr￿or4ry sh(xffall In Income, unf(Ye8een rlse In 8pendlThJ requlrements ¢x other financ￿1 conllngency. 80 that the ¢harlty ￿ continue 10 operate at anyikne. The leval of th18 re8erve 18 based upon the Dlrecior8' a88es8rnent of1he Ilkelhood of 8uch ftnanclal ¢omingencles and lha impact they mlght ha￿. In prnctical term4 the DIrect￿8 have requlred that the organlsatlon hold between 10 and 25 week8 ol Unre￿r￿ad Spend a8 r68erve8. At 31 March 2024 the ￿r￿atrIcted re8erve8 y￿re £1,580k (2022r23: £7A2(W. of whkh £937k ￿re 8et aglde a8 Other de81gnat•d fund$ £129k for volurrtary Income generallon Invethrnent ei17k for budgeted deflclt £691k for project fundln& £9k for flxed assats the operatlonal re8erv¢ of £634k (represerrtlng 22 week8 of ￿reStrIcted spend). The8e are unprecedented tlme& and Ihl8 level of re8erve 18 deemed nece88ary due io the uncertaln nature of the Impact from cog1 of cr1818 on Chrf8tlan Aid Irel￿d,5 unre8trfcted income. Unrestrlcted fundg movements and balance8 os at 37 March 2024 are detsiied In Note 15 of1he Flnanclal Statem6yrt8. Corporate Priorfty &. Dellver Impact in our programmes The Peacebulldlw & cl￿flIct F¥eventlon (PBCP) 1eam hag partlclpated In and ￿ntributed to 2 89parate thematlc tecFmlc81 revl•w6 of peacebulldlng practlce by the UN. the flr8t on hate Speec￿ the S*{￿d on tran8ftlonal Ju8tlce. We contrfbuted to a new paper on the HDP n•tU8 by EPLO almlng to draw out the pe8ce comp(wi•rt of the HDP Nexu8. Head of Programme8 Head of Programme Fundlng and Development att￿ded a Berles of 5 work8hops facllltated by DOcha8 looking at locally led deVelOp￿nt opportunltle8 I￿jO1rrt advocacy to Irlsh Ald and 01her donor8. PBCP partlolpated In mo•tlrwJ8 wlth global peacabuildlng agencles In Seneva for Pea(xNaxu8 Foundatlon'g 8pqclall8t perther meellnp. Geneva Peace and UN slde meetlng8 on dknats and confllcL New Human Rlght8 Defender protectlon gUId￿ce19 belng flnallsed forthe PBCP programme frameworf( (tsthnical too18 and guklance re8ource). to be rolled out th￿gh Ihe corrmunlty of Pract￿￿. The PBCP1eam presented the Pockets of Peace Report to the Alllence for Peacebulldlng In the UU a grouping of 200+ organlzallon8 worklng In 181 Co￿1rfe$ to end violent confllct and bulld wstalnable peace. CAI attended the European Hwnaniiarlan FOr￿n arKI DG ECHO Partn8r8 Segrnent along wlth ACT EU rne8tiry8 In Brussel8 In March (Heod of Programrne Fundkno and Head of Peacebuildlng). We have developed a po8ltlon ￿Per on locally4ed devql4)mefft and humanltarfon actlon whlch outllnes our current approach to loCal￿led development and humanii•rlan actlon and hlghllghts 8peclflc areos that we wlll prfortlF80 In Page I f2 Chr4stk2n Aid Irdwd- IreL9nd Corporate Priortty 5: Bulldlng a movement acro¥8 Ireland We we contlnualty grateful for the conslstem 8UPPOrt we recefve from our spon80rlng churches- flnanclally, prayerfully ond In educatlon of importarf( develq)mefft1gsueg. Wa exhlblted as part of the A88oclatlon of Ml881on Soclelle8 at the General Synod In WaxFtyd In May. end gave out 70 CAW pad(8 to minlster& We travelled wtth PCI and a vldeographerto Slerra Leone In Aprll to gaiher corrtint ahead of thelr 2W23124 Worfd Development Appeal. We ethlblted at two conferences got Involved In thoge c(thnce8 a8 much a8 we could - for example voluntewlng to speak wlth the tqanagers about worK and 80rving tea coffee In the café area one evffilng. We have conyleied and wbrnlthd a 8elhsse98ment for th• IDEA code of good practlce tr Global Cldzen8hlp EduC￿lan. Belfast Blble College approached CAI to teach two classe8 of thlrd year degree We had a Toklng Cllmate Just1￿, werrt In POrt￿￿h In collaboratlan wlth the One World festhl. We kn>k part In a clIm￿e prote8t In Dublln a5 part of1he Glcbal Day Of Actlon to End F08811 Fuels. We delfvered a Talklng Cllmate Justlce event and 8poke at the Cllmate Rally held In Belfost. We have developed a new Gender Ju811ce worksho We were quoted throUgh￿th cop28 athlevlng over 50 ple(%8 ol coverage. Corporate PAorlty 6: Tackle the root cau8e8 of Injustlce The policy and advocaw team buift on our work and prevlous eampalgnirrfJ durfng 2023-24 focugod on ourlwo core prl¢xltles of economlcJu811ce and cllmats Jugdce. We WLYe Invited to partlclpate In the National E￿noMIC Dlalogue. h08ted bythe Irlsh GovemmenL Our Head of Pollcy & Advocacy Spoke aboul OL¥ research on tsx avoldonc• and Its Impact on developlng c¢xntrlqs. We also provlded Input lo the Irlsh Human ￿ghts a￿1 Equallty Comm198lon OHREC) thead of a UN revlew of Ir18h eccnornlc pollcy. We rnet key1rf8h officlels and MEP8 to advoC￿e for support and Improvematt of a propo8ed new EU law to clean up hunkin rlghts abu8e8 In olobal 9upply chalns. CAI also gave Input a8 part of the DFA'S advlsory group on I￿11￿36 & human rfghts. Wlth other NGOS In ihe Ir18h c￿lItIOn for Buglnegs & Hwnan R*hts OCBHR), we held 8 8atlrf(al prote8t In SL steph￿,3 Green hlghllghtlng the188ue of palm oll plantstlong 8nd1088 of natural resources In developing courrtrk8. We worked wlth Chrf8tlan Ald colleague8 on a new rn8earch report a•8egskng dlfferenl OPtlon8 to pay for the l￿dmark L083 & Damage fund agreed at COP27 fihe Loss & Damage FuThJ - ￿ere Doe8 the Mcffley Come from?). We al80 attended U￿eVe1 tecknlcal dlscu88lon8 that happen belween COPS, focuged on how the L&D fund wlll work In prnctlce, We *TOte the Intemallonal 8eCtIc￿ of thlg SW Climate Chaos 8ubmlsgkn to ih Irlsh Gov¥nmeM consultatlon, 8ed(Ir¥J expth advlca for the 2024 Cllii*e Aetton plan. It focused on cllmate fth8nce & SL¥>POrt for developlw countrles. Page l ￿ Chrfthn lJcl Irel￿d- North￿ IrdanLI We worked with UKILatin Amerlca Carlbbean colle8gu88 on 8 new report on protectlno human rfghtg In the green energy tran8ltlon. It 1$ part of rk IOPT: coallllon bulldlng and canwalgnlng wlth1rf8h civll 8oclety partnffs. In partlcular re8ponding to Gaza and pushing for acC￿m&>[lIty in relatlon to vlDlatlons of Intematlonal law PCHR v18it: Brlng partnw the PaIe8tInl￿ Centre for Human Rlglrt8 (PCHR) 10 Ireland 10 speak atJ(xrt Gaza Pea(%bullding and confllct preyentlon OngolrKJ polltleal advocacy tackllng mllltarfsatlon and (xlges Cllmate and confllct polltrm paper underway workkng wlth FPC and partner In E89t Afrfrca EleC￿onB 2024 CAI electlon manlfesto: draft a new CAI Electlon Manffesto 2ry24 for ROI. brlnglng together all the abm ￿rand8 of work and other lorKJ-8tsThllng a8k8.' work wlth Colleagues In PPC on UK focused manlfe8to Campalgning: engagement wlth TD Candldate8,J(￿malIStB and other medla to hlghllght key electlm asks Déchas: help to draft the Dochas manlfesto Includlng hU￿ing9 wllh all partles on ODA Slop Cllmate Chaog: help to draft the SCC m￿lIest0 Includlw husllng$ wlth all partle8 ￿1 lobal cllmats ju811ce and cllmate flnonce ICBHR pledge: draft a cornmon ICBHR pledge and canvass for polftlcal slgnatsir89, commlttlng to 8UPPOrtlng new supply chaln18W8 Brus8e18 vlslt: In Julylsept 20U after Eufopean electlons. roundtable wlth all new1rf8h MEP8 In Bn￿se13 Princlpal rlskg and un(%rt8intie8 Chrf8tlan Ald Ireland has e818bll8hed a rl8k management 8tratsgy ￿leh d(Jcumoirt8 our approach to rf8k management and 8ets the dlreetlon for thi8 work ApPrO￿ate 8y8tems and procedures are In place to manage the8e r18ks and provlde reason￿1• but not ab801ute asgjrance ogalnst occurrence. Everyi)ne In the organlsatlon hes a role to play In ri8k Management. The executlve leader8hlp ts8m Identlfle8 the rnajor 8tratsglc, bu8lne99 and operaljonal rl8kfj 1hat the chartty18 exposed tr and to 888esg the Ilkellhood of 8uch rl8k8 o¢currfNJ arKI the level ot Impact thy would hav& The leadershlp teom contlnually review8 arKI m4noge8 the Identlfled r18k3 and reportg regularly to Incoffrt F￿nan￿ Rlsk and Audft Ccffimlttee (IFRA) Ihrough Ihe rl8k reg18tLY. The rlsk regl*(er glves a detalled118t of all the ¢xganlsatlon's rfsk8. level of rld( and the r18k owner who 18 re8pon81ble for Mc￿lt¢rfng each risk. The leadershlp tsarn Is sw>ported by staff in the 1dentmc￿an and manegem•rt of operallonol rl8k8 and Implanent actionB as Instru￿ed. The Intemal audlt functlon wovlde8 advlca and guldance on the management of r18k relthing to the de8ign, Implementatlon and opw8tlon of 8y8tern8 of intsmal contrc4. The Income. Flnenca, Rid( and Audit Cornmlttee (IFRA) en8ures that the exeartiv• le•dershlp team h88 an effectlve rld( management proce88 in place and revlewg the rf9k regiStsr to ￿￿re they are gatlsfled that all corporate rfsk8 are Included. It also monltors the progre88 on Ihe management of corpmts rf8k8 and provkles regulw update8 to 1h8 Board. The Board appnJve8 the Rl8k Management strotegy and the organl8¥(10rf8 rl8k apped1￿ It approves the Rlsk Rtylster cffl an annual ba818 and monltor8 progress of corporate ri8k8 IlThighout the ￿ar. Page127 Chrfsllan Ald I￿1&xI- I￿18￿￿ The maln rfsk8 Identmed togthher wth the •ctlon8 to mltlgate the rlgk8 ere 8umM•rfS￿ below. Flnanclal siablllty The prfnclpal flnancl81 rl8k8 relate to the eccfflomlc envlronmen¢ changeB In don(Y expectatlons and our abilltyto re8pond and the dlver8lflcation of f￿dIng both In donor b88e and betwwn restrlctsd and unre8trfcted fundlng In our fundr8191ng Str￿egY. The fundra181ng anviromiert rernaln8 very ehallenglng'whh a c¢Jnblnatlon of Incyeased cornpetlllon for pthllc fund8, globally cornpetltlve ca118 for fundlng and pre88ure on Government finances. Populi8rn arKI natl¢na118m reduce the 8pace for pollcy and advocacm work Failwe to malntsln a dI￿r61fled Income b88e mean8 there18 8 rl8k of bec(YnlThJ oveNellant on one In8tllMlcmal fundff. In iun new Donor8 may brlng row and more slrlngent requlrement8. Changes In the econwiy at home and perceptlons of wealth of mlddle Income courrtrle8 can dl810rt people'8 vlell of the reallty for many people Ilvlw In th08e countrles Impact thelr propenWto gfve. Mttlg8tlng £cYon8 To reduce the rlgk of 81gnfflcant fluctu￿bn8 In Income or falluro to achleve Ihe nece88ary level of income to protect our programmeB a comprehenslve fundrai8lng ￿rategY ha8 been apyoved by the Chr18tian Ald Ireland Board. This strategy adopts a mcYe1argeted approach to fundrnlslng. focu8lng on a Smaller numbw of area8 8ueh 88 Indmdual glvlnA mld io hlgh level donor8 and logacle& A Fmm VIolen￿ to Peace fundralslng 8trategy has baen developed for Irlsh fundlng ￿leh targats gix 8pecpfic Inthutlonal donor8. We ragularfy review flnanclal Informatlory adju81 bjdget and revlew experKlltwe to refiect expected levels of Income ha￿ e reserves pollcy In place. We ￿sUre expendlture18 mlnlml8ed by en8wlng processes and wocedure8 v• In place io ensure wa athieve value for rn¢￿ey on all expendhwe. We have a Publlc Enq8llement strategy In place and perfomi 8dvocaGy work on protectlng the IMqmaiion81 budget Includlng explorfng10gt Income from tsx schemes. We wlll contlN• to I￿lId on our good relatlon8hlpg Instltutional and buslne88 donors and hame88 the commftmqnt of our 8UPPOrters and 8takeholdor8 to endlng poverty. We have regular methlng8 wlth our major Instlttrtl(￿8I dorrtxs and have a Programme8 tewn io dovelop proposals and to manage grants recelved. Thwe Is a dedlcatsd flnance resource for restricted fiJnd8. We revlew our fundlng strategy and team capoclty and perfomi partner capaclty assesgmem9 and monltor and evaluate proaramma8 end have a sy8tsm In place for rf8k a88ea8rnert and evaluatlon of new don fundlng opptyNnltle8. Govwnancelcompllance: Ri8k The princlpal Govemancelcompllanee ri8k8 relate lo Chrf3tlon Ald Ireland'g cornpllanco wth laws and gulatlons,. Chr18tlan Aid Ireland's compl18￿ce with donor requlremeM$.' partner capacity to (x>rnply wlth law8 and regul8tlon8 and d(Jnor requlrements compllance with Genttal Data Protsctlon regulatlon (GDPR) and mlguse of fund8. fraud ¢(Yruptlon or InApproprfate bthavlour. Chrl8118n Aid Ireland recelves a slgnmcant am￿jnt of fundkng from hsthrtlonal donor8 and aponsorfng churthe8. The management of Instltutlonal donor8. requlrwnents are complex and prescrtptlve In nature. Compllance wlth la￿ and regulatlon818 chell￿gkng pwtlcultrfly ltrcounty regulation arKI the restrlcii(yn on CMI 80ciety space In the countrle3 in %thlch we operate. Mitigatlng Actlons The org8nl8atlon mltlgate8 thls r18k by hA¥ing regular Irrteractlon wlth donor8 to undentsnd thdr ne4d8. chr18t1￿ Ald lrnland and county teamg provlde regular capa¢lty bulldlng ￿ staff and p8rtnar Page128 Chrbtlan AIQ Irel￿d- Ncrthun Irel8rKi level to 488e8a organ18atlonal and financial capaclty and to ￿￿re donlx obllgatlons fn met. Partner8 ar8 trakned on donor compllance requlrwnents. We have clearly de81gned pollcles Jnd procedures In relalion to prograrnrne and woject managernenl Includlng the use of IPIMS (our granl management database). Monttorlng and evaluatlon vi3lt8 are performed by Chrfstlan Aid Ireland ￿aff and c(wntry teams undertake programme reportlrnJ to Chrf8tlan Ald Ireland. Chrl8tlan Ald Ireland adheres to the $8cl¢*8 recommended codes of Pra￿￿• 8uth as FRS 102 The Flnanclal ReportlrrfJ Standard appllcable In the UK and Republlc of Ireland and the Charfti•8 SORP- Ac￿ntIng ond Reportlng for Charttle8 (?ORV); the DOcha8 Code of Corporate Governance.. th• Chartll08 Governonce Code. We foll¢M requlrement8 of the Chartties Commlsslon for Northem Ireland (CCNI) and the Chartlles RequI￿ory Authorlty (CRA) In the Republlc of Ireland. A governance 8elf-a98essmerrt qU•8tlonnalre18 completed by the Incorne, Flnanc4 Risk and Audlt Comrnlttee OFRA). An Intemal control selfva88essment OCSA) que8tlonnalre Is cornplatad anNalfy. Chri￿len Ald Ireland al80 en9ure8 compllance wlth law and regul￿10n8 In all countries of opwati wlth Ihe cwnty management tearn re8ponaible for local requlrqmem8 8uch aB regl8tratlorL taxatlt and statutory rewtlng. Our flnanclal polleie8 end procedures comply wlth regulation8 and ststute whlch Should refiert core compllan¢e Mnclples. Ow F￿blIc Engagement stratsgy ha8 been developed lo en8we compllance donor raqulrements In rel81ion to publlc engagement. We regularly monltor changag in18W8 and whre posslbly perform advocacy *Y)rk to highllght unfavourable Ch￿g•S In law and challenge them. We have dats prOtethI￿ pol1cl￿ In place ￿lch are updated to reflect any new thange8 In leglilatlon and be8t prnctlce. Rq)re&￿￿1Ve8 from Chrfstlan Ald Iraland attend the Dala Protectlon Ovw8lght Cornrnlttee of Clylstlan Ald to benefft from the of the group and It8 appllcallon10 Chrlstlan Ald Ireland. We have rr 8•￿jrIty measures In place and recelve regular updats8 vla yammer on cyber 8eBurlty rlsks. Durfng the year staff. trustee8 and vohJrrt•ffS completed rnandatory Data Protectlon tralnlng. Our Intemal AudFt functkn provlded by the UK offlce under a rrthiorandum of understsndlnp audft8 courrtry progr8mme8 ba8ed on rfsk a88eggmerrt8 and provldes reportg to the Income. Flnanc4 Rlsk and Audlt Ccmmlltea (IFRA). Any reC¢JMmendatl¢￿8 noted wlll be follo￿d up. We have a raThJe of arrtl-fraud and corrupuon pollcle8 In place (Fraud and Mlsuse. Whl8tleblowiNJ, AntF8rlbery. AntkM(mffy Launderlng arnl Safeguardlng). We also b6Mefit from the 8ervlces of a dedlcated Antl-Dlver81on and Corruptlon M8nager. In addltlon, staff and tru8tee8 must complete mandatryy Code of Conduct tralnlng. Reputatlonal rlsk Rlsk The prfnclp•l reputotlcfflal rfskg relate to negatlve publlc perceptlon and tNst and confldence In the sector due to progromme quallty, tha ¢xcurrence of safeguardlng188ue8, 8canda18, or charfty fallgu a fallure to communlcate Impact to guarantee athitswem￿t of strateglc obJectlve4 and1085 of future fundlng: a fallure io darnon8trats accountsblllty and provide Iran8pwencr, and a detwloratlon In 8trateglc partner8hlp8. Chrl8iian Ald Ireland has a team of programme staff to ensure prograrnme quallty18 of a hlgh SI￿dard e￿1 Is mMItOr￿ and evoluated. ChrIstl￿ Aid Irelatxl 1ake8 safeguardirq Incredlbly eerf￿j8IY and we recognl8e our duty to pr¢>tect and safeguard vulnerable comrnunltles. We bellave that •ny a￿Se of powar, includlng 8exual vlolence or harnssmert Is totally unaccaptable. Auoss Chr1911an Ald we corrtlnue to work ￿ryth colleague8 to ensure a better. and Ihare understsndlrKJ of what 8exual hara8sment18, and the zertrtolerance culture we expe(% Includlrwj by tralnFng Stsff acrogs the global organlsatlon on the organl8adon's code of conduct. Page129 Chrltkn lJd Ireland- Northem Ird8rKi As a aector. we nead to be wllling to recognlse that 1hlg18 an188ue that aff￿ ￿ all. ChrfSllan Ald Ireland contlnue8 to work wtth 8tsff and our local partner8 to root ¢xrt any attitudes and behavlours that 8UPPOrt 8uch brea¢hes of irusl. Chr18tlan Ald Is a 81gnatory to 8ectoTrwide cod•8 of ¢￿duct. We also have a range of estab118hed pollcles and pro￿d￿e8 almed ￿ weventlng sexual harassment commltted by any Indlvldual representlng Chrlstlan Ald Oncludlng stsff. v￿￿teerS and consultants) agalnat Other 8taff, b8neflclarl88 or anyone else. CDlleclknly, ald agencie8 mu8t work harder to en8ure 8afeguardlng, whlstleblowlw ond ml8conduct pollcle8 are fft for purpose, to root out improper wnduct. Itlg Impwaifve Ihat we are1ran8parent and aCC￿1rtablQ, both to the communltles work and to those who trust U8 to 8pend thelr money to alIe￿atr 8uffering over8eas. Chrf8tlan Ald Ireland recognlses that the 88Ctor ha8 been the Subject of Increa8ed publlc and rnedla scrirtlny. Th18 envlronrnent Is challerwJlng publk 8UPPOrt and confidence In tharitie8 and Intemational ald. maklng It Inm81NJly dlfflcutt io ral8e funds fr(xn ihe publlo. ChrIstl￿ Ald Ireland Is a skng and •ffectlve organlsatlon that work8 wlth Integrlty and 1￿mIlIty. I￿r external pwceptlons of charldeg and of thurcltrboEed organ19ali￿8 could have an odvwse Impact on our work Worf(Ing to eradlcate poverty requlre8 U8 to operate In places whlch are knherently thallanging because of ccfflfll¢ corruption. natural dlsa8th. weak infraStruc￿Te arKI poor gOVerna￿e. Gatherlng cOmm￿lc8t1on8 materla18 that dtrnonstrate the Impact of programm•8 can be challenge in 1hese envlronments. as the poww dymamlcs and context chenge. MftlllatlnqActlons We have systern8 In place to Th)nltor th• quallty and m*￿re the impact of our programmes the80 contlnuo to be developed In Ilne wfth be8t practlce. We mltlgete again￿ th18 r18k by belng open and trensparem In the way we operate and through our rnembershlp of organlgation8 8uch al Dothas. whlth help to Inspire renewed publlc ¢C￿fidenCe In the 88Ctor. We cP￿InIty betwe￿ per8LYI8 of dlfferent rellglw8 bellef. polillcal oplnlon. gpthder. marital 8tatU8, dlsablllty, eihnlc orlgln, age. dependant* 8exual orfentation or trnde unlon member8hlp. We are rn08t gtheful for the gUPPOrt of a network of thouMnd8 of volurrteer8 acrn8 Northem Irelond who pse dedicated to corrylng oth our annual Chrf8tlan Akj Week doomtrdoor collecdon. and th• wonderful indlvldual8. communltle4 bu8lnes8e8. c￿gregatIOnS whlch wganlge fundraislng events In 8UPPOrt of our every year. along8lda people who ralse thelrvolces to tske actlon agalnst global Injugllce. Chrlstlan Ald Ireland fflnployed 19 people (headeourt) durlng the y7ar 2￿2312 Investment Pollcy Inve￿MentS are rnada in 8horttsrm bank depo8lt8 In conjuncikn wlth cash flow requlrernent8 fN the organi8Qtlon. These depogtt3 are placed cnly wlth reputable Ingtllutlons 1hat have a credlt ratlng of B+ or more. The Inve8tmem p081tlon of the organisatlcn18 revlewed by tha Income. FInan￿. Rl8k and Audlt Commlttee ￿ an ongolno ba818 1hr￿Qhout the year. Going concem The dlrectors have prepared budgets and cash flows for 8 perlod of at lea8t twdve months from 1he dete ot approval of the financlal s1818m￿8 thlch dernon8trate that there Is no rnaterlal urKertalnty regardlThJ the companl8 ablllty to Me￿ its lthbilftle8 a8 they fall due. to contlnue as a gokng concem. On th18 b88is. the dlrectorn ¢x)nsldar ft approprlate to prepare the flnanclal 8Mements on a golng concem ba818. Acc¢xdlngly. these flnanclal ￿8￿Merrt9 do not Include any adJustrnent8 to the carrying amounts and cla88fflcal1(￿ of a88ets IlabllPtle8 may arf88 If the company was unable to conthue as a golng concem. The flnanclal statements have been prepared on a golrvJ concem ba81s. P08t balance sheet events There have been no thher 81gnlficant events affeotlThJ Ihe company slnce ihe ￿ar end that requlre d18clowre or adjustrnent tQ1he flnanclal 8iatements. P8ge133 ChrfsllanAld Ir21¥￿- North￿ I￿1&r¥j Audltors The a￿lItor, Crm Ireland. h88 Indlcated Its wllllngne88 to contlnue In offlce, and a re8olutlon 1hat the flrm be reappolnted wlll be proposed at the Annual General Meellng. Lobbying and PolItI￿1 Donatlon8 There were no polltlcal cortrflxJtiCm8 In 2023124 and a8 a resuh thw• ar• no dlsclo8ure8 requlred undw the Electoral Act 1997. A8 requlred under the Regulatlcffl of Lobbylnq Act 2015. Chrlstlan Ald 1rn18nd now record8 all lobbylw acllvlty and commwlcatlons wllh Deslgnated Public Offldals (DPOS). It ha8 made the retum8 and 8ubm188k>n8 requlred by the Ac1. P8ge124 Chr61* lid Ire18rxl- Nortr,em Irelgnd Statemqnt of Dliectors. Re8pongibllltle8 The dlrector8 are resP￿s1b1e for preparlng the Dlrectorg. Report and the fln8nclal thatements In accordance wlth Irlth law and reoulatlon8. Irlgh company law requlre8 the director8 to prepare the fin￿cIal 81atemems for flnanclal year glvlng a true and falr vlew of the State of aff8lr8 of the eclnpany. Underlhe law, the dlrectors have elected to wepwe the financlal 8tstements In accordance wlih lrfsh Generally Accepted Accountlng Prnctlce kn Irelan4 Includlng the Flnanclal Reportlng StarKlard 102 The Hnanc181 Reportlng Standard appllcable In the UK and Republlc of Irelantt. Under wnpany law, the dlrnotors mu8t not approve the finar￿la1 statements unlesg I￿Y are 8at18fied they give a Irue and falr vlaw of the aBsets, Ilabllltle8 and financl81 p06111on of the company 88 al the Ilnancial year glvlng a true and falr vlew of the stsle of affalr8 of the cornpany end date, of the surplu8 or deflclt for th8t flnanclal year gmng o true and falr vlew of the $L￿e of affalr8 of the company and otherwlse comply vAth th• Companles Act 2006. In prepariNJ iheM flnanclal statements the dlrectors are requlred to: . select 8uiloble a¢couMing policle8 for the companls flnanclal 8tataments arKI then apply tha conslstently, . make Judgmart8 ond accountlng ￿[Mate8 that are reasonable and pNdent • 6tate whether the flnanclal 8ts1oments have been prepored In accordance wlth appllcable accountlng star￿ards. Idaillfyth08e 8tandard& end nots the effect qnd the r•ason8 for any materfal departure from ihose standard4 and ' prepare the flnanclal statemeiits on the golng concem b8919 unle88 It 18 InapprO￿￿te to pre8ume that the company wlll contlnue In bu8lne88. The dlrectorn conftrm they h8ve complied wlth the above requiremort8 Nthen preporfno 1he fln￿e181 8tetsmerrt8. Th dlrector8 are re8ponslble for •n8urlng that the company keep8 or cau8e8 to be kept adeqU￿e aceountlrYJ records whlch correctly explain and record the 1ran9actlcfflg of the Compt￿Y. enable at any tlrne the a8set& liabllltle8. flnanclal position and 8urplu8 or deficlt of the compary to be determlned wlth rea80nable accuracy. enable them to ￿lUre that the flnandal statemen18 Dlrnctor8' Report compty wlth the Corrpanles Act 2006 and enable the flnancial Statsn￿rrts to be oudlted. Tly ore a180 regponslble for 8afeguardlng the 888ets of the company arKI hence for th￿ng rea80noble step8 for the pmemion and detectlon of fraud and othr irregularltles. The dlractor8 are resp￿sIble forthe rnalntenance Imegrlty of the corpothe arKI flnanclol Informatlon Included the ccrfnpanl9 web8he. Leglslatlon govemlng tha preperatlon and dissernlnatlon of flnanclal 8tatsrnenls may dlffer in dlfferentJurf8dlciion8. slgned on behalf of the Boord: R•v Dr Uz Huth81 Hal P8ge135 ChrfstiBnAicl 1rd￿d- ￿￿theM Ird8nd A Crowe Independent Audltor8 Report to th• Memb•r8 of Chr18tlan Ald Ir•land (Northern Ireland) (A conwny Ilmll•d by 9￿￿nI••. not ha¥lNJ a •har• Ca￿111) REPORT ON ThE AUDrr OF THE FINANCIAL STATEhEHT8 Oplnlon We have audlted the flnanclal 8tstements of Chrf8tlan Ald Ireland (Northem Ireland) tthe'Ccfflpanl> for theyear ended 31 March 2024. whlch cc4npr18e1he Statement of Flnandal Acihitles. the Balance'SheeL the Staternqnt of Cash Flow8 and the related notes to the flnanclal statements. Includlng a summary of Ignfflcant accountlng pollcle8. The fln￿cIal reportlng framework Ihat ha8 been applled In thalr preparatlon 18 appllcable law arKI United Klngdom Accourrtlng StarKlard8. Includlng FRS 102 'The Flnanclal Ry>rtlng Standard appllcable In the UK and Republlc of Ireland. and Accountlng and Repcrtlng by Chafftle8: Statern￿t of Recommended Practlce appllcable to charltle8 preparfNJ thir accoun18 In accordance wlth FRS 102. In oplnlon. the acconwnyng flnonclal 8tatemerrt8: glve a true and falrvlew of the 898ety Ilabllltle8 and flnanclal PD8ltlon of Ihe Company as at 31 March 2024 and of Its net movement In funds for the year then ended. have been properly prepared In aceordance wlth Financlal ReportlrvJ Standard 102 The Flnanclal R•portlng Stsndard appllcable In the UK and Repthllc of Ireland" and In accordan the Statement of Recommended Prnciice"Aeeountlng and Rep￿Ing by Charltle8': arKI have been property prepared In ac*ordance wlth Ihg raquiremerrt8 of1h C￿npanieS Act 2006 and Charllle8 Acl {N￿theM Ireland) 2008. Ba•1• for Opln We conducted (wr audlt In accordance wlth Intemallonal Standard8 ¢)n Audlllng (ui¢ (ISA8 (UK)) and appllcable law. Our re8pon8lbllttle8 urKler those Stsndwds we further d88crlb8d In th• ALKlltor respon8lbllltle8 for the audlt of the flnanclal stslwnerts sethbn of our raport. We are Independent of the Company In accordance wlth the ethlcal requlrements that are relevant to a￿lft of fIn￿eral 8ts1ements In UK Includlnq ihe FRC'S Ethic81 Slandard we have fulfilled our other ethlcal respon8lb1111188 in •cccYdance wlth these requlrements. We belleve Ihat the audlt evldence we have clt8lned18 gufflclent and apFxoprfate to wovlde a bas18 for our opinion. We bellevethat the audlt evIder￿0 we have thalned 18 Sufflclent and opproprlate to provlde a bag18 for our ¢Jplnlon. ConclMlon• Ralatkng to GOINJ Conc•rn In audltlng the flnanclal statsmerrt8, ￿ have concluded that the dlrector¥ use of the golng concem ba818 of accountlThJ In the preparatlon of the flnanclal Statements Is approprfate. Based on work we have performed we have not Iderrtlfled any materf81 ￿certaInl188 relotlng to eveM$ orcondltlons that indlvlduallyorcollecllvely, may Castslgnlflcant on tha comparf8 ablllty to contlnue 88 a golng c(yncern for a perlod of at least twelve months from when the fhanclel 8tatffln•its are aulhorl8ed forlg8ue. ourre8ponglbllltle8 and the re8pM81blllUe8 of the dlrethorg wlth respgctto golng concem are d88cffibed In the releve￿ 9ecfjong of this reporL Od*r Inforniaii( The dlrecior8 aro mponslble for Ihe other Infonnatlon. The other Information c¢xnprl8es the Informatlon InC￿ded In the AnNal Reprt ot￿r than the flnartlal gtstements and ourAudltor8' Raptyt thrnn. Our oplnlon on the finandal Stat￿entS does not cover t￿ Olher Infomiatlon and, except to P8oe136 chrfstI￿ Irel￿d- Northem Ird8NI the extent gtherwl8e expllcltly gtsted In our report we do not expre88 any fom of assurance conelu81 thernon. In comectlon wfth our audit of the flnanclal 91atement¢ (xjr re8wM3lblllty 18 to reed the other nformatlon and In dolng so. con8ider wheiherihe other Informatl¢)n 18 materfally Inc0￿181ent wlth 1 rinanclal 8tslernents ¢r our knowledge obtalned In the audlt or otherw18e appear8 to be M￿e￿allY ml88tated. If we identlfy such materlal incon818tencles LY apparent matarial m188tatements, we are requlred to determlne vthetherthere Is a materlal Ml88tst￿ent In thefinancl818tstemen18 (Y a matwial mlsstatement ol the other Inf¢rmatlon. If. based on the work we have performed, we conclude ihat there 18 a materlal ml98tat8ment of thls other Irrformaiion, we are required to report thai fact. We have nothlno to rep(Yt In th18 regard. Oplnlm on th• Oth•r Matt•r• Pre8orfbed by th• Conwanl•8 Act 2006 B88ed solely on ihe WO￿ undertaken In the course of tha audK we report th*(: In our oplnlorn the Informallon glven In the dlrector8' Annu81 Report Is cDn81stent wllh the flnancial statsrnents." and in our oplnlory the Dlrectorl Annual Report ha8 been wepared In accordance wlth appllcable legal requlrements. We have obtalned all the Informatlon and explanatlong whlch we consldw necemary for the wrp08e8 of our audlL In ¢Jur oplnlonthe accourrtlng record8 of the Comparywere 8ufflcleirt to permttthefinanclal atatements to be readlly and pr¢)perly a￿lIted. and the finanelal ￿atem￿rts are In agreement wtth the aCc￿rrtIng rec(Yds. M•tl•rn on Whlth W• Ar• Rewlrnd lo R•port by Ex• Based on the knovAedge and understsndlng of Ihe Company and Ils envlronment obtsined In the cwrse of the audll we have Identffled materfal ml8Statsrnents In the Dlrectors, Annual Report. We have nothlrvJ 10 report In respect of the followlTrJ matters where the Companles Act 2006 and the 8rltle8 (Accounts and Report8) Regul8tlon8 (Northern Ireland) 2015 r8quire8 US to report lo you ff. In our oplnlon: adequate accounllng rec¢xds have not been kw or the financlal 8tstsments are nol In agreeThnt wlth the eKOUthlng rec￿d9 ratum8: or certaln d18clo4ures of Dlrector8' remuneratlon 8peclfled by law are not made: or we have not recelved all the Information and explanatlong we requlre f¢x ow audlt or the dlrectors were not errtlded10 prepare the financlal ststements In accordance wth the 8mall companles reglme and tske advantsge of the Small companle8' exempik>n In preparfng 1he Director8, Annual ReporL R••pon•lblllll•• of DlrKtiirn forth• FknanclalPtsl•n•Tht• A8 explalned more fully In1￿ Stalemerrt of Director* Respon8lbllftleg, the Dlreclora are responslble ft¢ Ihe preparati¢M of the flnanclal statements and for belng 8atl8fled thai tw gNe a true and falr vlew. for such Intemal control as the Dlrectors d8termlne 18 nece888ry to enable thq preparatlon of flnanclal stsiements that are free from materlal ml88tatamrt whether due to fraud or error. In preparfng the financlal staiements, the Dlrector8 are re8ponslble for ag8e881ng the Compan￿5 ablllty to C¢Jttlnue as a golng concerry dlscloslng, as 8ppllcable, matter8 relatsd to golng c￿cern and uslng the golng c¢xtcem b8818 of accountlng unles8 the managemert elther Intends to Ilquldalelha Company or to cease operatlon4 or ha8 no reallstlc alternatlve but to do 80. Page137 Chrtstian ￿¢j Ire18nd- Ncthern Irdand Audiior¥ lkn•pon•lbllftl•• forlh• Auth of tho Rnandal 81at4mffits We have been appoimed as audftor under 8ectlan 65(2) of the ￿arItIeS Act {Northem Ireland) 2008 and report In accrydanee wlth 1he Act and relevant regulatlon8 made or havlng effect thereunder. Our obJ8Ctive8 are 10 obtsln reasonoble aS￿ranCe aboLrt whether the flnanclal statements os a whole are free from material m188tatemenL whether due to fraud or error. i0188ue an Audltorfs Rwort Ihat Includes our op1n1¢￿. Re88onable a88urance Is a hlgh level of 88sur8nce, but18 not a guararrtee that an audtt condu¢ted In a¢xc*dance with ISA8 (UK) wlll always detect a materlal mlgglatement when exlgts. M188tthmerrt6 can arlse frcffl fraud or wror and are consldered materlal If. Indlvldualty or In aggregats, thffy could rea80nably be expected io Infiuence the econornic declslons of user8 taken on the basls of these flnanclel ￿•bMerrtS. Irregularltles, Includlng fraud, are Instsnces of no￿0mPlIance wtth laws and regulatlong. We d88ign proeedure8 In line wlth our re¥onslbllftleg, oulllned 8bove. to detecl materfal mlsstatements In respect of Irregularttle8. Includlng fraud. The extent to whlch our procedure8 are capable of detectlng Irregularttle$ Includlng fraud18 detalled below. rt•ntts whlch th• auth wag con•ld•rnd cJpthl• ol d•i•ctkng Irr•wlarllles. Includk¥ fra￿1 Irregul8rfrtle4 Includlng fraud. are Instance8 of noTreiYnpllance with laws and regulotlons. We Id*ttified and a88essed the r18k8 of materlal ml3statemeM of the rma￿la1 ￿aten￿rrt5 frorn lThegularflle4 whether dueto fraud orarror. and d18CU88ed these between aUdftte￿ mpJnbers. We then de81gned and Perf￿rned audlt procedureg re8pon81ve1othose r16k8. Indudlng obtalnlffj audft avldenea 8uFFlclent and approprlate to provlde a bosls for our oplnlon. We obtslned an understsrKllng of the legal and regulatw framework8 withln Nthlch the ch•rltyqJerates. focu81ng on those 18W8 arKI regulatlcn8 that have a dlrect effect on the daterminatlon of materlal 8mouM8 and dlsc108ures In the flnanclal statemeM8. We as8e8sed the requlred compllance wlth these laws and regulatlon8 as part of ow audlt procedure8 on the related fFnanclal staiement ttem8. In addftI￿, we con8Klered provi81ons of other laws and regulatlons that do not have a dlrect effect on the flnanclal statememg but eompllance wlth whlch mlght be fvndamenlal to the chafftl8 abilityto operate orto avold a matwlal penalty. We a180 con81dwed the opportunltles Incentlves that mayex18t wlthln the tharlty for fraud. AudltlrrfJ 8tsndard8 limlt the requlred audlt procedure8 to Identify noTrccxnpliance wlth the8e law8 and regulallons to enqulry of fv dlrecknr8 arKI other managemem and Inspectlon of regulatory and legal corre3pondence, If any. We Idenlrfied the greatest rlsk of materlal Impact on th8 financl818tatements from Irreoulartlles. Indudlng fr￿d, to bewithln thellming and completeness of Income arKI t￿ overrfde of contro18 by management. Our audlt procedure8 to re8pond lo these rlsks Included er￿Ul￿eS of manaoematt and the Income. Hnance. Rlsk and Audlt Commlttee about thelr own Idenllflcatlon and asse88ment of the rlsks of Irregularftie4 testlng of a sample of transactions agaln8t the terms of any agreernerrts and the requlrement of the Charftle8 SORP (FRS102). Sample t88tlng on 1he pO￿kng of jO￿nal8, revlewlng accountlng estimates for bta8e8 arKI readlng mlnutes of meetlng8 of Ihose eharged vhth govemance. Owing to the Inherent Ilmftatlon9 of an audlt, tlKgre Is an unavoldable rf8kthol we may not have detected Same materfal ml8StatwneMs In the financial 8tatanent4 even though we have property planned and performed ¢)ur audlt in accudance wfth audhltvj st8ndard8. In addldon. a8 wlth any aud1( there remalned a hlghar ria( of n￿deleCI1on of Irregularftles, ag these may involve colluslon. forgery. Interrtlonal omlsslong, mlsrepre8entation6. or the overrlde of Intsmal contro18. We are reSp￿sIble for prevenllrvJ nortrcompllance and cannot ba expectsd to detect noTrcornpllanea with all law8 and rngulatlon8. A further de8crlptlon of our resp￿SIbIlItIeS for Ihe audlt of tho flnanclal 8Mem8nts Is loca1ed on the Financlal Reportlno c(￿nCIl,$ web8fte at . Th18 de8cri forrns part of ow Audltorfs Report. Page138 Chri*i8n Aid Ireland- Nothem Irdand Th• Pu￿00• of (Xr A￿lIt Work to Wlxxn W• O¥M Ow Rq•pon•lbllllkn• Thls report la made golely to the member4 as a body. In accordance wlth Chapter 3 of Part 16 of the Companles Act 2006 and Part 4 of the Charltles (Accounts and Rworts) Regulatlcn8 (Northem Ireland> 2015. Our a￿￿tt worf( ha8 been urKlertaken 80 that w? mlght state to the COMpan￿S mertier8 th090 matter8 we are requlred to state to them In an auditorfg report and for no other purpose. To the fulleat extent pennltted by law. we do not accept or 888ume responslblllty to any￿ne other than 1he Company and the Company'8 meThber8 88 a body. for our audlt worK thls reporL or for the opinlon8 we have formed. SIBnad by: RoB•arnKq O'Hanlon (itstsrtary Audltor) for and on behalF of: Crow• Chartwed Accountants and Statuw AudFt Flrm 40 Me8pII Road Dublin 4 D04 tr2N4 Dat•: Page I ￿ Chrfsti8n Irdwd- NJthern Irelarnl Statement of Financial Activities Onc0r￿alIng the Income and Expendftura Account) For the year ended 31 Marth 2024 2024 202.1 Unreslrfcied Re"tricted FLinrf• Funds £'o Note8 Tolal Funds rooo Tolal Fiind.- rooo Donat10￿ and leogd Donatlon8 1.748 363 Z470 192 363 Other Tradlno AclMtle8 Inve*m•ii8 14 14 TOTAL 7,630 2,153 2,697 Exp￿thr•0 Ralslng Funds Charftsble Acllvlll88 Dov•lownent Humanttarten CBrrpalgnln& Advtyxcy and | rthjclftirn TOTAL 476 476 740 276 270 449 11,4701 l.I'iRI 1,92.81 1? 3391 Net In￿rn 160 65 358 Other o•ln8 Net movemert In ILinds 359 F￿dI IxoLpglrt fowrd TO121 funds carried forward 14n5 14115 1.420 1.580 879 944 go 1.940 2.299 2,524 All Incomlng and outyolng re8ourc•8 arl8e from cominulng opemiong. There are no recogn18ed galn8 or1088es, or mov•n•ts In furKls other than th08e d18c108ed above. Page140 ChrfSt1￿ Ad lthd. Ncthm IrelarKI Balance Sheet For1he year ended 31 Marth 2024 N4X•s 31 March 2024 21 M&reh 2Q29 Intsnglble Flxed A88ets Ten￿ble Ftsed 11 13 12 Cagh at bth and In hand 10 1,376 1,659 2,587 2,649 UfMIIi Cr•dtkns falllng ¢kn wlllkn one ye 171. (363) 2,515 2,112,1 Th• fund• rfth• ¢lkirfty: Re81rlcled Ir￿orne fund8 14 944 Unre8trl(led fu 1,5￿• 1,420 Totsl Aliariri Iiind,= 2,524 2,?99 The flnen¢xl ￿eternInts were approved authorfaed for188ue by the Board of DIre￿or8 on 4 Juty 2tr24 and 8igned on Its behalf by: Dr Uz Mr Hal P￿￿141 ChrfsU8n Irdand- Ire￿ThJ Statement of Cash Flows Forth year ended 31 March 2024 Notes 31 Mareh 2024 rooo {472) 31 M2reh 2023 Calh flow8 from oper￿n9 I￿￿lle• io N* ouh u•d In opw•llng •(#M C•8h flowa from Invegllng actlvltle8 DlvFdend* ktterest 8nd r8rts fram Purcha88 of as88ts UnreaU8ed gakn81o03￿} frnm currqn tran8lallon (14) {7? 15) .(21)_ Lhangp ill ca.li aiid Lash c'quiv&lililV in tnts I'p.porlinrJ p¢..I'iod (436 16 C&*h •nd emh •rylvd•iIts￿ b•gknhwofd 1400 L3sII 31id lil"h e4u1v￿11L,'11ts JI Ilic eiid oi il)e rLpDfiiiig poriod 10 1,8912 2,384 Page142 ChrsU8n Irel¥KI- Northem Ir*nd Nots8 to the Flnanclal Statunents For the year ended 31 March 2024 l. G•neral Infom1￿kn Chrfsllan Ald Ireland18 an over8eas developm•rt ald agencrf worklng to overcome wvffty In some of the world's poor88t communlues. The compary18 8 company Ilmfted by guarantee not having a share pllal and ha8 Its rag18tered offlce at Unden Houge. Be￿h111 ParK Belfas( BT8 7QN. Chri8tlan Ald Ireland Is a publlc benefft enllty a8 deflned by FRS 102. I Statttn•nt of Coryllance The emw8 finandal ￿￿teMent4 heve been prepared on the golng concem ba818 In accordance wlth the Statemart of Recommended Pracllce appllcable to charltle8 preparing ihelr accourrt8 In accordance wfth the Flnanclal Reportlng Standard applicable In the UK and Republic of Ireland (FRS 102) ond Charltles SORP (FRS 102) and the Compan1•8 Act 2(XJ6 (UKA￿). AceLwniing Polld•• The slgnlflcant accountlno pollcle8 used In the preparatlon of th8 flnandal 8t•tements are out below. These pollcie8 have been eonslgtently applled 10 all flnanclal y*rs pre8ented. ￿lesS otherwlse statsd. The flnanclal staternents are prepared In accordance wllh Flnanclal Reportlng siandard FRS 101 The Flnanclal Reportlng Standard awjllcable In the UK and Republlo of Ireland and the Comp8nle8 Act 2006 (UK Act) and In accordance with Charltles SORP Aceowrtlng and R￿onIng by Charttle9193ued by the Charflle8 Commlssloner In the UK (•ffectlve l January 2019). The dlrector8 have wepared budgthg and ca8h fl(hYs for a perlod of at lea8t twelve rnorrths from the d*(e of approv81 of the financlal statffnents whlch dem(mstrate that there19 no ma1erfal uncfftalnty rngardlng the compan￿$ abllity to meet fts Ilabllltle8 a8 they fall du< and to contlnue a8 8 golng can￿rn. On thls b8918, the dlrector8 conslder It approprlats to prepare the flnanclal 8tatsment8 on a polng concem baslg. Accordlngly, Ihese flnanclal 8tstements do not Include any 8dJustrnents to the carrylng amounts and clas8fflc8tlon of a88ets and Ilabllttleg that may arfse If the company wag una>le to continue a8 a golng CO￿ern. The Dlrectors h8ve reviewed Chrfstlan Ald Ireland'8 flnanclal posltlon and con8equenlly belleve there are sufflclent re8c￿ree8 to manage ary operatlonal or flnanclal rl8ks. The Board therefore conslder8 there 18 a reasonable expectatlon that Chrlsiian Ald IrelarKI ha8 adequate resources to ￿ntInue in operatlon81 exlstsnce of the fore8eeable future and are unavmre of any materfal uncertalntle9 ralatsd to evems or conditlons that may cagt 81gnm¢ant doubt upon the COMP￿￿8 ablllty to coniinue as golng concexn. The weparation of these financlal *8tements requlres dlrectors to make Judgemerrt& estlmate8 and assumptbns that affect the appllcatlon of policies and reported amowts of assets and Ilabllltle4 incorne and expense8. Judgernents and e8tlmates we contlnually evaluated and are ba8ed on hlstorlcal experfffice8 and other factor& includlng expectatlon8 of I￿Ure evems 1hai ere believed to be reagonable under the ¢1￿M9￿ce& The compary make8 e8timate8 and a98umption8 concemlng the fU￿re. The re8ultlnq •c￿lntIng estlmates wlll. by deflnltlon. seldom equal the relatqd acEual re8uIts. The estlmates and 888umpiion8 PaJe143 ChrTsUan Irdsnd- Ire18nd that have a 81gnlfl¢am rfsk of eauging a materfal adjustment to the cwrylng amounts of a88ets Ilabllltlea wlthln the next flnanclal year Bre d18CU88ed below: Cost 8llocatlon Cost8 not atlrlbutsble to a 81ngle xtlvlty are allocated or apportloned to actlvftleg on a b8818 con818tent wfth Id￿lfied cost drlver8 forthat cosl category. Co8t dfver8 Uti116ed Include head count and judgernent Is exerc18ed In applylnq cost drfvers to C08t catsgoriea. Carrylnp Value of Debtors The company makes an 83tlmats of the carrylng value of all debtor4 includlng Glft Ald recelvable. The company use8 88tlmat88 ba8ed on hI￿Orfe81 expar1￿Ce In detemilnlng 1he canying value of debtor& Income Included In the flnanclal ststernerrt8 repres￿1$ Income from the publlc (auch as donatlms and legacie8. churthldenomlnatlonal Income) and in8tltutlonal donor8, charty ghop and dapojlt Income recefvable durlng the year. Income Irom govemmait grants. In8tltutlonal do￿8 COrpc￿ate tru8t6 and foundatlons that are 8ubJect to speciflc restrlotlons or reportiffj requirernerrt8 are recognlged In th18 Statemffit of Flnanclal Activitle8 when Ihe ￿ganIsatIOn becomes qirtitled to the funds, the Income cen be me88ured reliably. and tt Is probable that the f￿dS wlll be recelved. Gram8 from govwnment and Ol￿r ctrfunders typlcally Include the follo￿ng condltlon$:. Performence bas&J condltion9 - the chartty18 contractually entPtled to fundlng onlyto the ex￿tthat ihe core objectlves of the gr81rt agreeM￿t we achlpAed. Whffe the ch8rlly18 meetlng the objective8 of a grarrt agreement it recogni8es the relaied expendlture, to the extent that It Is relmburgable bythe donor. as Income. Tlme based conditions - the charlty Is corrtr8thually entttl•d to f￿dIng on the condttFon that itls ut1118ed In a partlcular perlod. In these cases the charfty recogni8es Ihe Income to ihe extent uli118ed wlthln ihe perfod 8peclfled In the agreemenL In the absence of 9uch c￿dItIon4 assumlw that re￿IptI8 probable and that the amount can be reliably measured, grant kncome 18 recognlsed once the tharlty18 noiifled of eMltlemenL Where Income ha8 bean recelved kn advance It ig deferred untll 1he condPtlong ara met. Where Income has not yet been recelved. but all crfterla for recognltFon have been satlsfled. the Income Is accmd a8 a debt¢x In the balance Sheet. Income from donati¢)n818 remgnlged when the d￿atrOn6 are recelved. The relaied tax refunds eae rewinl8ed when all leg181•tlve requlrmnts have been met and the amount8 can be measured with reasonable certalnty. Legacy Incom• Is Included where thtre18 8uffiGlerrt evldence of enthkmwrt, receipt Is probable and where the amount18 measurable. No value 18 Included a legacy18 subJ8Ct to e Ilfe Intsrest held by another party. Other tradlng a￿V￿re5 Include Mall Income from the gale of good8 1hrough the shop In Garvagh. Don￿ed goods are not recogn18ed on recelpt. The value to the chartty of the donated goods 80kl18 rec<)gnl8ed as Income when the good8 are Sold. The proceeds of sale are categorl8ed as Incorne from other tradlng actlvltle8" In the Sta1ement of Flnanclal Actlvltle9. Gfft8 In klnd for uge by the charlty are kncluded In accounts at thelr apwoxlmate markei value al the dote of recelpt. Gffts In klnd for dlstrlbutlon are Included in the accounts at Ihelr approxlmate mathet value at the date of dI￿rIbUtiOn. PBge144 Chr5ti8n Ajd Irel8nQ- Ntrthern Irel8rn1 L*A8llan Ald Ireland dt8tlngulsh re8trlcied Income from uiYe8trkted inaorne. ReBtrfcted Income rekn to fund8 glven subject to ¢ondltlon8 Imposed (by the donor or Implled bytha noture of the appeao a8 lo how ft18 to be apent The charlty mainlaln8 1hm tyea of funds as follows: represent fund9 whern the grants and domions recelved are rnque8tsd by the donor to be 8pent a speclfic wrp08& Income and expenditure on the8e funds are Shown geparatsly wfthln the Statemort of Flnanclal ActlvlUe8. QthgLuo￿￿ repre88rrt Income that l? expendable at the di%retlon ofihe dI￿or8 In the furthffance of the ¢bJectlves of the thwlty. but aB at the end of year had not been 8pecifically allocatsd. lADa￿re a portlon ol the unrestrithed fund8 where the dir•ctm hive Set aside monles from unrestrtcted fundlng for specmc purpose& These knclude an owratlonel rn80r and moni88 allocated for expendfture In Ihe followlng years. All expendlturels accounted f¢x on an ac(Yuals ba818 andls da88ffied under headlng8 that aggregate all c08ts related 10 the category. The C￿¥ of eath staff Includlng a relevant propn8 of tl.748k (2022123: £1470k) Include t170k of tsx r￿0Verable through glft ald (2022123: £124k). & Tatal Expffithr• Graiits to partner orqJnleations £'ooo £'ooo 338 Otlior direct Costs roao 115 Allocatioii of SLlPPOrt costs Total T¢)tal Ral•lThJ Fun rooo £'ooo 476 roDO 543 Ch•rftabl• Actlvlt*• Devejopmeffl Humanltsrfan Cwnpalgnlng, Advocacy and Educatlon Total Charitable Attivities 593 276 104 25 T27 746 323 104 510 8b9 427 12fJ 27 1,452 1,7CIiJ Total ResourCe..£ Expended B69 765 244 50 1,928 2,339 P&¥147 C*rslian Aid I￿land- Northern Irdand Chrll•bl• •xp•ndl￿r• an•ty•od by Yeglon: 31103124 £'ooo 31103123 £'ooo Afrlca Laiin Amerlca arKI the C8rlbb•an A8la and the Mlddle Ea8t Eur(4)e IrelarKI and the UK Total Charilable Expenditure 34 286 118 1 63 221 117 1.335 1,796 1,452 Qrnnt eXp￿dI1￿9 mdy4•d ty r•glon: 31103124 £'ooo 123 34 286 118 308 869 3 1 J03123 £'ooo Afrlca iatln Amerlca and the Cartbbean Asla and the Mlddle E88t Europe lieland and ihe UK Total grants to partrter organisations 221 117 705 1,166 All grrart8 ere to oryanl8atlon8 not I￿1¥￿uals. The full118t of grants to organTsatlon818 avallable on r web811e. Colts of g•nwaUng fund8 C(￿prISes fundral8lng costs Includlr¥J the C*Xts of advert181nw Pr￿lUcIng pUbnc￿loft8 and prlntlng and malllNJ fundralslng materfal. the 8taff costs In these areas (based on Ilme and relatsd costs of 8UPWt seThlce8. ChafftdAe exp￿￿￿1• Indude8 expondlbjre Incurred through orants to partners and operatlonal aclivltle& Grants to parther8 are reeogni8ed 88 expendltsre at the Ilme of paymrt sI￿e untll th thffe18 no11g•1 or con8tNctlve obllgatlon to make the grant. AIIo¢*knn of aupport eo•ts: Basis of Allocotion 31103124 31103123 £'ooo 13 £"ooo Human re8our¢e8 Informat1(￿ resources 'pDoriei Rglallon8 Haadcount Headcoivit I IEadcounl so 50 Goveman￿ C08t8 amoirrtinq to f28k In￿￿red In the year to 31 March 2024 have been rMlloc•ted across other catsg(xleg of expend1￿re 48 requlred ￿der Chorttleg SOKO FRS1 OZ 311D3124 311Q13123 rDOO ro Board expenses Professlonal cogts Govemance siaff cogls 13 14 28 14 14 29 P&Je148 Chrfsttan AKI Irdand- Whern Ire18nd 6. 81Aff Co•t• and Empllrrn B•nollt• Staff Cosis an d Employep Flonef its 31103124 £'ooo *lrtematlonal 31103124 31103124 3110312" £'ooo £'ooo £'ooo N Ireland and UK Sal8rfe8 NaUcK)al In8wan(% C(xrtrftrArtkn8 Pen8!t)n conlributions 61 28 736 764 712 Staff Numbers 31103124 31103123 raimb•r Numbqr Avwag• •taff Nmb•rn' Head¢ount (N Ireland and UK) le8dLaLint Icounl Pr iamme)" 19 20 24 20 FfE (Full Tlme Equivolentl .IN Ireland and UK) FfE (Full Time Equlvalent) (Counlry Proqfamrv.e)• 16 17 17 *The Staff belng referred to are employ•d by Chrf811an Ald Ireland and are therefora not Included wlth the thrl8tian Ald Ireland payroll. staff by Activity 31103124 Number 31103123 l*umbar GeneYatiThJ Fund8 Charlt8ble acliyillp. Tnf4I1.vaf* FTF io The nurnber of erroloyee8 whose c08t8 for the year fell wlthln the followkng band818: Bands 31103124 31103,'23 Numb•r Number 20 £Ok- £60k £60k470k Total 24 Staff eo8ts Indude 8alarle8 and benefftg In klnd. Chrf811an Ald Ireland ha8 a Pay and Beneftt8 pollw that ha8 been agreed by It8 Board. The pollcy commlt8 thr18t1￿ Ald Irdand to falr. equttable, transparent and con318terrt reward arr8rKJ8￿ntr whl¢h attra¢ motlvate and Maln staff. It8 guldlng prlnclple8 applyio all people wherevff they arn located and provlde for our reward offerfng to be ¢ompetttlve In the markeiplace from whl¢h we draw our ataff and recogn18e falr reward for falr efft)rL Contributlon8 of between 3% and 10% are made by the compary to the defined contrlbution p￿81￿ scherne In relatlon to employee& dependlng cffl 1he* employee corrtrlbutlons. The total 8alary of the Chlef Exeartlve Offlcer. Mr8 Rosamond BennetL18 £79,014 per annum. S also recelveg 8 9% c{￿1￿1￿jtlonlo a defined contrlbullon pen8ion schem4 and the u8e of 8 Car for ChrIstl￿ Ald Ireland bu3ine88. This falls wllhln the £Ok46tyA band as the cost10 8hared 50.50 bethen the Rewbllc of Ireland and Nort￿rn Ireland cownles respecuvely. P8ge149 Christsn Ald Ireknd- North￿ I￿1￿rKI K•y m•nag•ment r•n￿¢T￿lion Key management p•r80nnel Include senlor management and recefved r•MuneratIc￿ of £276k (2022123: £256k) in the year. Of th18 amoum £145k wa8 rechorged to the PApubllc of Irel8rKI company. 7. Dlr•¢tor•' •xp• No anolument8 are pald to Dlrectors. Dlrectors are relrnbur80d for11xk Incldental exp￿Se8 In attendlng board exeeArtlve and other meetlngs. Addl11¢￿ally, DIrect￿3 rnay occa8loMlly vlslt CFrlstlan Ald partner8 and FYogramme8 over88a8 wlth cost8 of Such lrfps being by the charlty. 8. P•Mlon Cort The total pen81on cost for the tharlty wa8 £V2k (2022123: £48k). There were £10k out81andlng conlrlbutlon8 81 the balance sheet date (202V23: £10k). 9. Nat Incom• Net Income Is Stated after1he followlng charges: 37103124 31103123 £'ooo rooo Audllwrf r•Thun•ratlan Audlt fee Op•r*knJ rnntah: Bulldlng8 Equlpment 13 29 Oeprecialion 10. R￿u￿111allOn of n•t kncam• to Ii•t ca•h flow from opvaiing actmu Rotontiliatioli of net inconie to net ca'.sli flow f ron1 operaling activities 31103124 t￿00 225 31103123 rooo Not Income forthe perlod (89 por &*