OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-10-31-accounts

Page No.
Legal and Administrative Information
Council ofManagement's Report 2-4
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Accounts 8-9

Directors, Trustees and Trustees and Trustees and
Council ofManagement MsSGibson
The Reverend Canon MJ Lane
Miss Paula Wright
During the year the following of6cer retired by rotation and
was re-elected-
Miss Paula Wright
Charity Name Friends ofChildren in Romania
Charity Registration Number 1006753
Company Registration Number 2652481
Registered Once The Vicarage
Bosham Lane
Bosham
Chichester
PO18 SHX
Independent Exammer Mrs Charlotte Pexton
5 Tuffs Hard
Bosham Hoe
Bosham
PO18 SET
The day to day running ofthe project isdelegated to aManager in Romania, Mrs Beatrix Grigoras

2022 2021
Unrestricted Unrestricted
Funds Funds
Income from:-
Donations and legacies
Investment
income - Accumulation
units 119,062
2,166
85,690
2339
Total -Interest received 2,436
123,664
2,087
90,016
Expenditure on:-
Raising funds
Charitable
activities
House running
costs
Team Cosh
Bank charges
124,323
11,400
3
129,130
11,430
3
Total 135,726 140,563
Net expenditure (12,062) (50,547)
Net (losses)/gains
on investments
(22,799) 40,409
Net movement
in t'unds
(34,861) (10,138)
Reconciliation offunds
Total funds brought
Total funds carried
forward
forward
199,791
164,930
209,929
199,791

Asset Category
Plant 8h Equipment 25%
Investments 2022 2021
Market value at 31October 2021 199,395 208,747
Add: Dividends
on accumulation
fund units 2,166 2+39
Purchased,
at cost
Less sales proceeds (35,000) (52,000)
(Loss) /Gain in year (22,799) 40,409
Market value at31October 2022 143,762 199,393
Historical cost at 31October 2022 118,498 137,140
The breakdown ofthe portfolio isasfollows
Charities Aid Foundation - Fixed Interest Fund BIncome 58,990 72,432
UK Equity Fund BAccumulation 84,568 126,717
Santander - Ordinary
Shares
204 246
143,762 199,395