## **Accounts 2023-2024** 

## **1. About the Organization** 

**Name:** Centre for Green Economy in Developing Countries (CeGED) 

- I. **Registration:** CeGED is an independent charity registered in the United Kingdom, focused on alleviating poverty by fostering green economies in developing nations. 

- II. **Mission:** CeGED collaborates with local and international stakeholders to assist developing countries in transitioning from brown to green economies. We aim to build the knowledge, skills, technical expertise, and financial resources necessary for combating global warming and promoting sustainable development. 

- III. **Vision:** We envision a future where all developing countries achieve sustainable, prosperous green economies. 

**2. Basis of Preparation** 

- I. The financial statements have been prepared in accordance with the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and relevant legislation as stipulated by the Office of the Scottish Charity Regulator (OSCR). 

- II. The financial statements are presented in pounds sterling (£) and rounded to the nearest whole number. 

**3. Significant Accounting Policies** 

- I. **Revenue Recognition:** Income is recognized when it is receivable and when CeGED is legally entitled to the income. Donations and grants are accounted for on a received basis unless there is a binding commitment from a donor. 

- II. **Expenditure:** Expenditure is recognized when incurred. Costs are classified under charitable activities, fundraising, and governance. 

- III. **Grants and Donations:** Grants and donations are classified as restricted or unrestricted based on donor terms. Restricted funds are used for specific projects, while unrestricted funds are utilized at CeGED’s discretion to further its mission. 

- IV. **Tangible Fixed Assets:** Fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated to write off the cost of fixed assets over their expected useful lives. 

## **4. Taxation** 

- I. CeGED is registered as a charity in the UK and benefits from tax exemptions under UK tax law, including exemptions from corporation tax on income and gains arising from its charitable activities. 

**5. Going Concern** 



- The trustees consider that CeGED has adequate resources to continue operating for the foreseeable future. These financial statements have been prepared on a going concern basis. 

## **6. Events After the Reporting Period** 

- I. The trustees confirm that there have been no significant events affecting the charity after the reporting period that would require disclosure or adjustments to the financial statements. 

## **7. Currency** 

- I. The financial statements are presented in pounds sterling (£), which is the functional currency of CeGED. 

## **8. Comparative Information** 

- I. Where applicable, comparative figures for the prior financial year are included to provide context and facilitate meaningful comparison. 



CeGED-
Centrefor Green Economy in Developing Countrie5
INCOME
10.May.24 Velll Nyiron&c*
15-May-24 DoTrnation
22-May-24 UK Stripe
230
4.62
9.62
EXPENDITURE
Jul-23 IONOS
116.84
Au&.23 1ON05
116.84+2.45•11.291
5e*23 ION05
{12.64+19.201
OCT-23 IONOS
fO.861
NOv.23
Oèt-21 IONOS
Jan-24
Ftb-24 IONOS
Mar-24
Apr.24 1ON05
May-24
JuTr24 ION05
Jul-24 IONOS
Au¢.24 IONOS
SÈ*24 IONOS
Ott-24
16.84
31.84
I9.￿}
{4.20•4.10+1.801
10.2
{0.76
0.76
16.(Vp6.001
16.ty)1
10.761
129.40}
12
0.76
29.4
TOTAL EXPENDITURE
SUAPLUS
-140.24
91.38
to the Incninc and F.
cttdiIu￿ Accnurbt
Common expenses and income where not Jggregated to ftrrm 4 5inglÈ line l•.e.. Ihevar
IQN05 expEn5E5 re13te5 ta internEt SE￿1£È$ ar EharEe* paid tts ION05 aoud Ltd
Financial Statement 202-23

Centrefor Green Economy in Developing Countrie5
Income and Ex
enditure Actount
2023
INCOMe
Mar
Stripe
April 5tripE
Apnl StripE
9.46
ID4.36
94.9
48.1
28.33
285.15
April Stripe
EXPENOITURE
IONOS
18.40+2.4Q+8.401
Feb
IONOS
18.40*2.4CF*8 401
Mar IONOS
18.40+2.4CF¥8.401
April IONOS
¢8.40+8.4￿2.4O*0.60*2.64l
April B5qVlrtual office5
May l&1 Internet ￿M￿ted
May Donationsto Cyclonefreddy Wirtlms
May Facebook Athertisemenl
May Cyclone Freddythd for d15a5terwrti￿5
May UK DST Fee
May CèmpaiÉns fees tharge- Stripe
May IONOS
18.40+16.84+0.60+3.601
luDe IONOS
18.40+16.84+3 601
lunE
d fordisastervittim5charges
lune UK DST Fee
luty IONOS
116.84•8.401
19.2
19.2
19.2
22.44
47.99
25.24
2.03
30.07
2.03
(Note.. 21
29.44
28.84
0.75
0.02
25.24
(Note.. 2
1371.291
DEFKIT
N￿e5 to ihe Incotne at￿ Ex
ndliure AccDiint
Common Expenses and Intome where not awe£ated to form a slngle line li.e., theyère pre
IONOSexpenses relates to Intemet se￿iceS orcharBe5 paid to ION05 clo￿ Ltd
C3mpai8n expense5 In the moDth of MayreLites to Meta advert15ement5
Cyclone Freddyjknd for di5asterwctlm5 relate5todonation which wassent to the di5a5terwc
BSqvirtualoff￿eS expense relates towebslte tharges orconsimction expenses
l&1 Internet Limited expenses relates to Internet charge5
Decifrt iscovcred by Trustee. and may need Refund rffiDancial p05tiion Improve
StripEs are funds reali5ed from the campaign5 on theweb5ite