SHARE Annual Report 2023-24 hare Social, Health, Assistance, Reconciliation, Education Report and Financial Statements for the year ending 31 March 2024 Charity Number: 1002326 Principal address: 63 Daventry Road, Cheylesmore, COVENTRY CV3 5DH Correspondent: Jane M L Williams Telephone 024 7650 2349 Email - JaneMLWill@aol.com
SHARE Annual Report 2023-24 SHARE Report of the Board of Trustees The Board of Trustees presents its report for the year 1st April 2023 to 31st March 2024. Charity Name: Charity registration number: SHARE 1002326 Contact address: 63 Daventry Road Coventry CV35DH Patrons: Very Rev John Witcombe, Rev Canon Sarah Hills, Rev Canon Andrew White and Meg Bowen Board of Trustees who manage the Charity= Name Office - appointed at the annual meeting. Chair Fiona Guiver Samantha McNeilly Tony Watmore Jane Williams VI Chair Treasurer Secretary Jean Alesbury Abigail Brazier Andreea Csillag Lawrence Fletcher Sarah Galloon Amanda Hughes lulia Rusu Lindsay Small Sarah Smith Allison Watmore Martin R Williams
SHARE Annual Report 2023-24 Welcome to our Annual report for the financial year ending March 2024 A MESSAGE FROM OUR CHAIR SHARE continues to provide support to Speranta via the Bianca Project and was able to send a small number of volunteers to Romania in August. The volunteers spent most of their time in Sperants, supporting the carers and giving lots of attention to the 40 disabled children who live there. They also travelled to see the three young people in Jim's House and visited old friends in Little John's House in Cisnadioara. We continue to have concerns about funding for Jim's House. Events such as a virtual balloon race in Summer 2003 from Coventry to Jim's house brought in some money, in this case £1655, but fundraising via events and monthly donations fall way below the required £2000 per month, thus we continue to rely on a small number of generous benefactors to sustain this vital project. We thank everyone who does support SHARE with monthly and one off donations without these our finanS would be in a much worse state. Fiona Guiver - Chair Independent examiner: John Alan Davies, The Ollis Partnership, Leamington Spa, CV32 4LY Bank: HSBC Bank plc, 5-6 High Street Coventry CV1 5RE Structure, governance and management: Type of governing document Deed adopted in March 1991 and revised March 2013 Trustee selection method Elected at the Annual Meeting Additional overnance issues The charity's organisational structure and any wider network with which the charit Share consists of a Chair who is elected. but not restricted to a specific term of office. The Secretary, Treasurer and other Trustees who are elected at the
SHARE Annual Re ort 2023-24 Annual Meeting. The Trustees meet a minimum of three times a year. There is no time limit for membership or tem of offi. Share is an independent body but works closely with other charities working in Romania - Copii Europei and Love Light Romania Aid works Relationship with any related parties Trustees, consideration of major risks and the system and procedures to manage them There is a duty for the charity trustees to identify and review the risks to which the charity is exposed and to assess the impact of such risks. The trustee's opinion is that risks for its various activities have been identified anda nate action taken. Objectives as set out in the Charity's governing document. Advancement of the Christian faith in Eastern Europe and elsewhere; The relief of persons who are in conditions of need hardship or distress or who are aged or The advancement of education on the basis of Christian principles and without prejudice to the generality of the foregoing the provision of such education in any educational establishment and if the trustees so decide the provision of one or more educational establishments for the general education of children and adults; The advancement of medical education and training and the promotion of health and social education. The advanrnent of ecumenical and interfaith relationships to build and foster unity and dialogue. ACTIVITIES: 1. Jim's House It continues to be a challenge to raise the funds for Jim's House every month. We have regular donations each month, but these donations do not meet even a quarter of the full cost of the care provided by Love Light Romania for Bianca, lonut and Alex. The three are thriving and are close family unit. The care they receive is excellent and they continue to grow in confiden. 2. Bianca Project We returned to Speranta in August with three new volunteers, subsidised by SHARE, and had a great 10 days. Even though we are only there for a short period the children and the staff at Speranta really appreciate our time with them. The numbers of children remain the same as previous years but there are some children with more challenging behaviours rather than disability and that has been problematic. They are abandoned children who have nowhere else to go and would have been in an orphanage eighteen years ago. 3. Dacia We continue to support the project in Dacia where there is a Cross of Nails. The Parish Rooms have been renovated and the children enjoy their classes with access to the intemet, school furniture and Spa for learning and playing.
SHARE Annual Report 2023-24 Financial Review: The Charity's policy on reserves: Our expectation is that funds raised should be expended as soon as possible on the objects of SHARE. To support the care of the young people in Jim's House, to support other charities such as Love Light Romania Aid and Copii Europei. However, any monies we have in reserve are to support the Bianca Project when we send volunteers to help in Speranta. During the year our priority has been to support the care of the young people in Igishinou. The charity's principal sources of funds come from fundraising, monthly donations and one-off donations. In the year 2023-2024 income amounted to £47.218.32, and expenditure totalled £23.410.80. DECLARATION The Trustees declare that they have approved the Trustees, report above Signed on behalf of the Trustees on 15th October 2024 Fiona Guiver Chair Tony Watmore Treasurer
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Social, Health, Assistan, Reconciliation, Education On accounts for the year ended 31st March 2024 Charity no (if any) 1002326 Set out on pages 1 and 2 {CC16a) I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended Responsibilities and As the charity trustees of the Trust. you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect" accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: th 15 October 2024 Name: John Alan Davies Relevant professional qualification(s) or body (if any): ICAEW FCA Address: Nelson House. 2 Hamilton Terrace. Leamington Spa, Warwickshire CV32 4LY IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidan for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018
CHARITY COMMISSION FOR ENGLAND AND WALES So¢lal. Heallh. A8slslan¢e, Re¢ondlfjaUon. Edu¢aUot) Receipts and payments accounts CC16a For the period from To 0110412023 3110312024 Section A Receipts and payments Unrestricted funds to the nearest Restricted funds Endowment funds Total funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipls Donations and Fundraising Gift Aid Giving Stewardship HMRC refunds Interest 41,655 1,710 3,853 1,174 42,829 1,710 3,853 15,588 4,580 4,165 371 113 Sub total (Gmss income for AR) 47,218 1,657 48,875 24,817 A2 Assel and investment sales, {see table). Sub total Total receipts 47,218 1.657 48,875 24.817 A3 Payments Donations- Daaa LLR Jim's House Bi8nca Project Bank charges Accountancy Other Costs soo soo 23,426 2,117 71 300 10 23,426 27.574 550 73 300 2,117 71 300 10 Sub total 23,807 2.617 26,424 28,897 A4 Assel and investment purchases. (see table) Sub total 23,807 2,617 26,424 28.897 Net of receipts/(paymentsJ A5 Transfers between funds A6 Cash funds last year end Cash fiinds this year end 23.411 960 22,451 4,080 36.591 60.002 28.618 27,658 65,209 87,660 69,289 65,209 CCXX R1 accounts ISSI 1611012024
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to Marest t Restricted funds to nèarèst £ Endowment funds to n•ar•st £ Categories Details B1 Cash funds HSBC Bank Account 1 60,002 HSBC Bank Account 2 27,658 Total cash funds 60,002 27.658 lagree balarM with recpts payments acowntlsll Unrestricted funds to neare$t£ Restricted funds to nearest £ Endowment funds to nearest £ Details B2 Other monetary assets Fund to which asset belgn Current value tional Detalls Cost (optional) B3 Investment assets Fund to which asset belon Details C05t loptionall Current value tional B4 Assets relained for the charity's own use Fund to which relates Amount due tional When due tional Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Dale of roval Signature Print Name Ton Walmore 15th October 202, CCXX R2 accounts ISSI 1611012024
SHARE 2023 -2024 CONSOLIDATED PROFIT AND LOSS ACCOUNT Donations Donations Donations 41.655.00 Gift Aid - Regular 1,710.00 Stewardshlp TOTAL DONATIONS Donallons 3,834.45 47,199.45 Amazon Tax Relund 18.87 Bank Interest 482.90 Blanca - Contrlbutlons 1,174.00 Totsl Other Income 1,675.77 Totsl Income 48,875.22 enditure Love Light Romania - Jim's House {23,426.00) BIANCA PROJECT (2,117.00) Bank Charges 171.52) Donations - Dacia <500.00) Accountants (300.00) Balloon Race Costs (10.00) (26,424.52) ProfitlLoss for year as at 3110312024
SHARE ACCOUNTS BALANCE SHEET AS AT 31ST MARCH 2024 CURRENT ASSETS Bank accounts HSBC Account- 04287606 60,001.73 HSBC Account- 04287614 27,657.63 87,659.36 REPRESENTED BY RESERVES BIFORWARD 65,208.66 PROFITILOSS FOR 20234 22,450.70 RESERVES CIFORWARD 87,659.36
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examinerfs Report .4Tr-::. Report to the trusteesl members of Social. Health. Assistan. Reconciliation, Education On accounts for the year ended 31" March 2024 Charity no (if any) 1002326 Set out on pages 1 and 2 (CC16a) I report to the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan with the requirements of the Charities Act 2011 {"the Act") I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below '} in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no conM8 and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 6th November 2024 Name: John Alan Davies Relevant professional qualification{s) or body (if any): ICAEW FCA Address: Nelson House. 2 Hamilton Terrace. Leamington Spa, Warwickshire CV32 4LY IER October 2018
CHARITY COMMISSION FOR ENGIANO AND WALES Soclal. Health, AssistarKe. Reconclliauon. Edutatlon Receipts and payments accounts CC16a For the period from To 0110412023 3110312024 Section A Receipts and payments Unrestricted funds to thg no4t Reslricted fund8 Endowment funds Total funds Last year to the n•are8t £ to th• nearest £ to the nearest £ to the noarnst £ A1 Receipts Donations and Fundralslng Gitt Aid Giving Stewardship HMRC refunds Interest 41.665 1,710 3.853 1.174 42,829 1,710 3,853 15,588 4.580 4,165 371 113 Sub total (Gross income for AR) 47,218 1.657 48,875 24,817 A2 Asset and Investment sales. (gee table). Sub total 47,218 1.657 48,875 24,817 A3Pa ments Don81ionB- Dacia LLR Jim'y House 8ianca Project Bank charges Accountan¢y Other Costs 500 23,426 2.117 71 300 10 4r 27,574 550 73 300 23,426 2.117 71 300 10 Sub total 23.807 2,617 26,424 28,897 A4 Asset and Investment urchases, see table Sub total 23.807 2,617 26.424 28,897 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 23,411 960 22,451 4,080 36,591 60,002 28,618 27.658 65,209 87.660 69.289 65.209 CCXX R1 accounts ISS) 1511012024
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest È Restricted funds to nearest £ Endowment funds to nearest £ Categories Details B1 Cash funds HSBC Bank Actnt 1 60.002 HSBC Bank ACnI 2 27.658 Total cash funds 60,002 27.658 •¢¢oJrt(¥ll Unrestricted funds to ngarest £ Restrlcted funds to neamt £ Endowment funds to nearest £ Detalls Fund to whlch assèt bèlon Details Co•t loptlonall Curront ¥plue tlonal Fund to whlch •ss•t b•lon Detalls Cost loptionall Current value tlotlal 84 Assets retained for the charity's own use Fund to which rnlats8 Amount du• lonal When duo tional Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Sign Print Name Date of roval Ton Watmore CCXX R2 accounts {SSI 1511012024
FAO: John Alan Davies The Ollis Partnership Limited Nelson House 2 Hamilton Terrace Leaminglon Spa WaNickshire CV32 4LY Dear Sirs Social Health Assistance Reconciliation Education Chari Number 1002326 The following representalions are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in conneclion with your independent examination of SHARE'S financial slalements for the year ended 31* March 2024. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves Ihal we can make each of the following representations. All presentationS are made lo the best of our knowledge and belief. General Vve acknowledge that the work perfomed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion. We confirm that the charity was entitled to exemption under seclion 144 of the Chanlies Act 2011 the requirement lo have its financial statements for the financial year ended 31Jt March 2024 audited. 3 We have fulfilled our responsibilities as trustees as set oul in Ihe terns of your engagement letter. under the Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally Accepted Accounting Practice), for being salisfied that they give a true and fair view and for making accurate represenlats'ons to you. 4 All the transactions undertaken by the charity have been propedy reflected and recorded in the accounting records. 5 All the accounting records have been made available lo you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within Ihe charity. and with all other records and related infomialion requested, including minutes of all management and trustee meelings and correspondence with The Charity Commission. 6 The financial statements are free of material misstatements, including omissions. 7 Any effects of uncorrected misslatemenls are immaterial both individualty and in lolal. Assets and Ilabilities The charity has satisfactory tille lo all assets and there are no liens or encumbrances on the charity's assets, except for those that are disclosed in the notes to the financial statements. All actual liabililies, conb'ngent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate. 10 We have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or clas5ificalion of assets and liabililies reflected in the financial statements. Accounting estimates 11 Significant assumptions used by us in making accounling estimates, including those measured at fair value, are reasonable. Legal claims 12 We have disclosed to you all claims in connection with litigalion Ihal have been, or are expected to be, received and such matters, as appropriate. have been properly accounted for, and disclosed in, the financial statements. Laws and regulations 13 We have disclosed to you all known inslances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements. Related parties 14 Related party relationships and Iransaclions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant informab.on concerning such relationships and
transactions and are not aware of any other rnatteT5 which require disclosure in order to comply with legislative and accounting standards requirements. Subsequent events 15 All events subsequent to the date of the financial statemenls which qui adjustment or disclosure have been propetly accounted for and disclosed_ Going concern 16 We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity's needs. We have considered a period of Iwelve monlhs from the date of approval of the financial statements. We believe that no further disclosures relating to the ability to wntinue as a going concem need to be made in the financial statements. Grants and donations 17 All grants, donations and other income. the receipt of which 1$ subject lo specific terms or condit'ons. have been notified to you. There have been no breaches of temis or condrtions in the application of such income. Other ¢onfimiations 18 We confirm that all payments made to'Love Light Romania. and the repairs made to 'Jim's House, fall within the remit ol the charity's objects. Yours faithfully Signed on be 6th November 2024 fofthebo of Iruslees