SHARE Annual Report 2024 -2025
S ocial, H ealth, A ssistance, R econciliation, E ducation
Report and Financial Statements for the year ending 31 March 2025
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
Annual Report 2024 - 2025
SHARE Annual Report 2024 -2025
SHARE
Report of the Board of Trustees
The Board of Trustees presents its report for the year 1[st] April 2024 to 31[st] March 2025.
Charity Name: SHARE Charity registration number: 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. Fiona Guiver Chair Samantha McNeilly Vice Chair Tony Watmore Treasurer Jane Williams Secretary Jean Alesbury Abigail Brazier Andreea Csillag Lawrence Fletcher Sarah Galloon Amanda Hughes Iulia Rusu Lindsay Small Sarah Smith Allison Watmore Martin R Williams
Annual Report 2024 - 2025
SHARE Annual Report 2024 -2025
Welcome to our Annual report for the financial year ending March 2025
SHARE has continued to provide support to the children of Speranta via the Bianca Project.
We continue to have concerns about funding for the 3 young people living in Jim’s House and were it not for several generous benefactors we would be in a much worse position financially. We continue to raise the profile on the website and on Facebook, but our monthly donations fall way below the £2700 we need to raise every month to fund their care. Last October we were delighted that the Girls Choir from Coventry Cathedral travelled to Romania and linked with our projects in Speranta and in Dacia.
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 governance issues
| The charity’s organisational structure and any wider network with which the charity works |
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 Annual Meeting. The Trustees meet a minimum of three times a year. There is no time limit for membership or term of office. |
|---|---|
| Relationship with any related parties |
Share is an independent body but works closely with other charities working in Romania – Copii Europei and Love Light Romania |
| 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, and appropriate action taken. |
Annual Report 2024 - 2025
SHARE Annual Report 2024 -2025
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 sick;
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 advancement 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, Ionut and Alex. The three are thriving and are a close family unit. Love Light Romania provides them with all kinds of activities and experiences. The care they receive is excellent and they continue to grow in confidence.
2. Bianca Project
Nine volunteers returned to Speranta in October for two weeks. Finding new volunteers is a challenge as University Fees make it less affordable and we struggle to find sufficient qualified therapists to act as supervisors. Even though we are only there for a short time the children and the staff at Speranta really appreciate our time with them. The numbers of children are the same as in 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 ten years ago.
3. Dacia
We continue to support the project in Dacia where there is a Coventry Cross of Nails. The Parish Rooms have been renovated, and the children enjoy their classes there. Our funding helps to provide a lunch time meal for the children. It was so lovely being there with the Coventry Cathedral Girls Choir in October (photo on front cover)
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 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. Annual Report 2024 - 2025
SHARE Annual Report 2024 -2025
The charity’s principal sources of funds come from fundraising, monthly donations and one-off donations.
In the year 2024 - 2025 income amounted to £41,985 and expenditure totalled £35,236 creating a surplus of £6749 for the year.
DECLARATION
The Trustees declare that they have approved the Trustees’ report above
Signed on behalf of the Trustees on 11[th] November 2025
Fiona Guiver Chair
Tony Watmore Treasurer
Annual Report 2024 - 2025
- SHARE 2024 2025
CONSOLIDATED PROFIT AND LOSS ACCOUNT
| Receipts | Jim | Bianca | Donations | |
|---|---|---|---|---|
| Donations | ||||
| Donations | 31,481.00 | 510.00 |
31,991.00 | |
| Gift Aid - | 4,480.00 | 4,480.00 | ||
| HMRC - Gift Aid Tax | 427.50 | 427.50 | ||
| Stewardship | 4,191.73 | 4,191.73 | ||
| - | ||||
| TOTAL DONATIONS | 41,090.23 | |||
| Other | ||||
| Balloon Race | 362.00 | 362.00 | ||
| Bank Interest | 533.16 |
533.16 | ||
| Transfers | ||||
| Total Other Income | 895.16 | |||
| Total Income | 41,985.39 | |||
| Expenditure | ||||
| Love Light Romania - Jim's | ||||
| House | (29,836.00) | (29,836.00) | ||
| BIANCA PROJECT | (1,900.00) | (3,133.00) | (5,033.00) | |
| Bank Charges | (66.66) | (66.66) | ||
| Accountants | (300.00) | (300.00) | ||
| (35,235.66) | ||||
| Profit/Loss for year as at | 6,749.73 |
SHARE ACCOUNTS
BALANCE SHEET AS AT 31ST MARCH 2025
£ £ CURRENT ASSETS Bank accounts HSBC Account - 04287606 64,232.89 HSBC Account - 04287614 30,175.69 94,408.58 REPRESENTED BY RESERVES B/FORWARD 87,659.36 PROFIT/LOSS FOR 2024-5 6,749.22 RESERVES C/FORWARD 94,408.58
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Social, Health, Assistan, Reconciliation, Education On accounts for the year ended 31S1 March 2025 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 harity ("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 Charrties 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 carying 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 accordan with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement 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 rf they do not apply. Date". Signed.. 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 2040
Section B Disclosure Only complete rf the examiner needs to highlight matters of Gonrn (see CC32, Independent examination of chan'ty accounts.. directions and guidance for examiners). Give hera brief details ol any items that the examiner wishes to disclose. IER October 3*
CHARITY COMMISSIO FOR ENGLAND AND WALE Receipts and payments accounts CC16a For the period from Yerii To 0110412023 31103r2024 Section A Receipts and payments Unrestricted funds to thè rt•arnst Restricted fvnds Endowment funds Total funds Last yoar to th• Mornst £ to the no•rn•t £ to th• noarg¥t £ to tho nMrnst £ A1 Receipts Donations and Fundraising Gift Aid Giving stew8rdshlp HMRC Refvnds Interest 27.235 4118 32.353 4480 4192 428 42,829 1,710 4.192 428 Sub total (Gross income for AR) 5,651 41,985 48,876 A2 A888t and investment salos, {8aO table). Sub total 36.334 5.651 41,986 48,875 A3Pa ents DarAa Donation LLR Jims House Blanca proleci Bank Charg0S Accountancy Other Cost8 29.838 29,836 033 23.426 2,117 72 300 10 3.133 67 Sub total 32.103 3,133 35.236 26.426 A4 Asset and investmont purchases, (see table> Sub total 32.103 3.133 36,236 26.425 Net of receipts/(payments) AS Transfers between funds A6 Cash funds last year ènd Cash funds this year end 4.231 2.518 6.749 22.451 60.002 64,233 27.658 30.176 87.660 94.409 65.209 87.660 Sect.i(**f.I P, St.R,,.e.flxqnt of assets and liabili l.ies at the end of the period
Unrestricted funds to ngarest£ Restrict funds to nèarost £ Endowment funds to nOa$t £ Categories Detsils B1 Cash funds HSBC Bank Account 1 64233 HSBC Bank Acc4Junt 2 30.176 Total cash funds 64.233 30.176 Unrestrlcted funds to n•arnst£ Restrictsd funds to nwrnst £ Endowment funds to naarest £ Details Fvnd to whlch •UOt bolon Details Co•t lopllon•l Curr•nt valu• tlonal B3 Inveslment assets Fund to whl¢h •••et b•lon Co•1 loptlon•l) Curront valuo tlonal Detalls B4 Assets retained for the charity's own use Fund to t*hkh Il•bll Amount du• Wh•n tlonal Details BS Llabllltles CCXX R2 accounts ISS} 1610912025
Signed by one or Iwo trustees on behalf of all the trustees Date of roval Signature Print Name Lf) CCXX R3 accounts ISSI 1610912025