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REGISTERED NUMBER: 08259273 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

The Global Alliance For Improved
Nutrition, UK

The Global Alliance For Improved
Nutrition, UK (Registered number: 08259273)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

The Global Alliance For Improved
Nutrition, UK

Company Information
for the Year Ended 30 June 2023







DIRECTORS: S K Godfrey
E J Maddison
P A Young





SECRETARY: E J Maddison





REGISTERED OFFICE: Watchmaker Court, 4th Floor
33 St. John'S Lane
London
EC1M 4BJ





REGISTERED NUMBER: 08259273 (England and Wales)





ACCOUNTANTS: Cantelowes Ltd
15 Bowling Green Lane
London
EC1R 0BD

The Global Alliance For Improved
Nutrition, UK (Registered number: 08259273)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 639 17,501

CURRENT ASSETS
Debtors 5 76,960 77,689
Cash at bank 52,377 6,277
129,337 83,966
NET CURRENT ASSETS 129,337 83,966
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,976

101,467

RESERVES
Income and expenditure account 129,976 101,467
129,976 101,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





P A Young - Director


The Global Alliance For Improved
Nutrition, UK (Registered number: 08259273)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

The Global Alliance For Improved Nutrition, UK is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
During the period the controlling party funded the UK mission by way of donations to cover administration costs in the sum of £2,561,069 which is shown as income.

The accounts have been prepared on a going concern basis due to the continued support provided by the controlling party.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the economic useful life of that assets as follows:

Furniture & Fittings 20% straight Line
Equipment 50% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition
The donations shown in the profit and loss were received from the parent company to cover expenditure during the accounting period.

The Global Alliance For Improved
Nutrition, UK (Registered number: 08259273)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 31 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 121,286 24,072 145,358
DEPRECIATION
At 1 July 2022 103,785 24,072 127,857
Charge for year 16,862 - 16,862
At 30 June 2023 120,647 24,072 144,719
NET BOOK VALUE
At 30 June 2023 639 - 639
At 30 June 2022 17,501 - 17,501

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 76,960 77,689

6. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee to the amount of £1 by the controlling party.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Global Alliance For Improved
Nutrition, UK

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Global Alliance For Improved Nutrition, UK for the year ended 30 June 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of The Global Alliance For Improved Nutrition, UK, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Global Alliance For Improved Nutrition, UK and state those matters that we have agreed to state to the Board of Directors of The Global Alliance For Improved Nutrition, UK, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Global Alliance For Improved Nutrition, UK has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Global Alliance For Improved Nutrition, UK. You consider that The Global Alliance For Improved Nutrition, UK is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Global Alliance For Improved Nutrition, UK. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cantelowes Ltd
15 Bowling Green Lane
London
EC1R 0BD


12 March 2024