REGISTERED COMPANY NUMBER: 02940127 (fi ngland and Wale8) RECISTERED CHARITY NUMBER: 1046737 Report of the trustees and Financial state￿entS for the yeAr ended 30th June 2024 For Relitf Fund For Rom4nia Limited (A Compally Limitcd by Guarantee) Barnes Noble Ltd Unit¢c House 2 Albert ptace London N3 IQB Relief Fund For Romania Limlted Contents of the financial ststements for the Year Ended 30th June 2024 Page Ref¢renee and Adminlstratlve det*118 Report of the trustees 2tolO tndependent exa3nin¢r'$ r¢port li Statement of financial *¢tivi¢ios 12 Statement of fin*lldAI pth8ltloD 13 to 14 Not¢5 to the finanei*l statoments 15 to 22 Rellef Fund For Romanla Umlted Reference and administrative details for the Year Ended 30th June 2024 Trustees Ms S D Hoyle Mrs G Achih&i N C RatLU J B Hoyle Company secretAry rAdr8 G Achihai Reglstsred offlee 18 Fitzbwdinge Street London London WIH 6EQ Reglgtered compaiiy number 02940127 (Bngland and Wales) Reglstered eharlty number 1046737 Indepelldellt examin¢r Bar￿S Noble Ltd Unitec House 2 Albert Place London N3 IQB Relief Fund For Romania Limited (Registered number: 02940127> Report of the Irusteas for the Year Ended 30th June 2024 FOR THE YEAR ENDKD 30th JUNE 2024 The members of the trnslees, who ar¢ the Irus¢e¢ directors of the Relief Fund for Ron￿￿la Limited pre8ent their report l￿d the audited financial sl&t¢meLts for the year ended 30th Jwie 2024. The tnigtees have adopted the provisions ol'Accounling and Reporting by Charities.. Slatem¢nt of Recommended Pra¢ti¢e applicablc to charities preparing their accounts ill aLcordance with the Financial Reporting Stsftdard appliGabl¢ irt th¢ UK and Republic of Ireland {FRS 102) (effective I Jatiuary 2015). WHO ARII W[1 We are a British charity, based in the Utc that raises funds and spends them in Romania. We Imve 2 full time administrntive staff and 10 charity shop Staff, We were formed by prominent Romanian exiles resident in the UK in 1989 after the ¢ollap8e of the dictatorship and wwe instrurn¢nÉal In publiGising the appa]ling plight of orphans and others in need. We played & major parl in coorditmting the enorn]ous ald rtsponse from all overthe UK and transported hLIEe quantities of emergency supplies. We helped to nelworli many independent aid efforts. In recent yetws we have set up and run various long-term sustiinable pi'ojects. WHAT WE DO We support various clLarilable pYoje¢ls helpinE the ohfildrell, the slc14 the elderly and other groups in need in Romania by providing financial and material aid and promoting awarth¢ss. We malnly fvnd long-tsrm community-b&8ed piojects through long term parthership. RESERVES POLICY AND RISK MANAGEMENT "I'he'l'rustees have Implemented a risk management strategy wbich comprises: a) a quarterly review of the risk8 which the Ch￿ltY may face b) th¢ eslablisEuD¢nt of systems and PToc¢dur¢s to mitigate those risL8 identified. ¢) the implementation of procedures designed to minimise any potential itnpaGt on th¢ Gharity should any of tho5¢ risks materiaLise. The Trustees monitor income, expenditure, and cgjli tlow thiDugh their qu￿terlY meeting5. The Ti'ustees remain committed to lttcrea8lng the level of r¢serv¢s held. STRUCTURE COVERNANCK A EMENT Governing document The charity is controlled by its govei'ning document which were revised in 2023. The amended version8 We￿ submiued to the Companies House and the Charity Commission. STATEMENT ofi TRUSTE , ' RESPONSIBI IE The ts'ustees (who are al80 the directors of The Rell¢f Fund for Romania Ltd. for the purpo￿ of company law) 8 responsible tor preparing the Report of the TNsr¢es and the financial statements in accordance with applicable law United Kingdom Accounting Standards (United Kingdom GeneraIly Accepted Accounting Prnctice) including Financial 'Th¢ Rtlief Fund for RoillaiLia Tradln .Ais a owu¢d subsidiarx of ¢h¢ . ￿ ComL#nyJCoMp￿nO. 0276$741 R¢lief Fund for Rofftalll8 Ltd (Conipally 110: 02940127) VAT Reglstrntion nD: 726 6852 07 ALI. C'ORRCI SPOTr4DENCE TO: 18 Fltzh8rdlnge Street, London, London, WIH 6Ea Reporting Standard 102 'The financial Reporting Standard appli￿}1¢ in lh¢ UIC and Republic of Ir¢land Comp¥ny law r¢quir¢s the Iruslees to prepEre financial skatement8 for each financial year wbich give a true and fair view of the state ot affairs ot the charitable company and of Ihe incoming r¢sources and applicatlon of resources, including th¢ income and expenditure, of the charitable company for that period. In preparAn8 those financial stalements, the trustees ar¢ requir￿ lo - select suitable accounting poti¢ie8 and then apply them con5i3¢ently. observe the methods and principles in the Charity SORP. - make judgements and estimates that are reasonable and prudent. . prepare the financA?I statements on the going concern basis unless it is inappropriatr to presume that the choritable cotnpany will continue in biisiness. The trustees are i'esponsible for keeping proper accounting records which disclo8e with reasonable accuracy at any liine the rinancial position of tbe ¢haritabl¢ ¢ompally and to ¢nabl¢ them to en811r¢ that the financial 8t&temen15 Gomply witkn the Companie5 Act 2006. They are also responsible for safeguarding the assets of the charitable cotnpany and hence for taking reasonable steps for the pievention and detection of fraud al￿ other irr¢gulariti¢s. In so far &8 the trustees are aware: - the￿ 18 no Lrlevant audit information of which the charitable company's auditors are unaww'e. and - the trustees have taken all steps that they ought to h&ve taken to make theinselves aware of (my r¢levant audit information and to establish that the audltors are aware of that infonnalio REI VIEW OF ACTIVITIES June 21ll3Jun¢ 2024 GeneTal overvlew A8 of end June 2024 we were running 5 charity thops, employing 12 people. We ti'ansftrred 35,000 GBP to RomEmia to our main p￿￿tter organisatioo f4undatia de Sprijin Comunitsr www.tsc.ro' the donation was used entir¢ly for charitable purposes. We fornied FSC from our existing projects and senioi staff in 1997. They are now on¢ of th¢ leading tharities in Romallia and hav¢ wou u]any national awards fortheir work ImprounhofjhilnAlm IJA vlllrjrmal bunl FUNDATIA DE SPRIJIN COMUNITAR ORGANIZITIE NEGUVERNAMENTALA NON- PR¢￿1 ORGANIZATIE CU STATIIT DE UTILifATE PUBLICA {H.G.318J20Q5) ToVFax', 02344856S8 16cJo Web8lio: www.f8&10 FUNDATIA DE SPRIJIN COMUNITAWCOMMUNITY SUPPORT FOUNDATION With a t¢am of 150 employees and 340 volunteers we eared for 2,603 people from 10 rural cornmunltles, 2 e1tt¢5, 6 collntles. Speclal event5 and projects: 18 ongoing prtsjetts illv4)fving both our organiuti4)n aiid eolIaborations with other illstitutions and NGOS in Bacau. 20 mAjor event8 (special Activities* campiigns* gt¢.) 15 partn¢r high sclioolslcolltge5 We reeorded 40,000 hollrs of volunteer work, The R￿1¢f Fuiid foy Romanla Ti'a(Ilng Compathy {CompAny llo: 0276S741) Is A wlIDlly owued subsldlary Trf tlie R¢lief fiulld fur Roll14nii Ltd (Ctsmpany tto: 02940127) VAT Rcgistratlon no: 726 6852 07 ALL COIIRESPONDENCE TO: 18 Fitzhardlnge Street, London. London, WIH 6Ea The Commvnity Awards Ca The story of the 21 st edition of th¢ Community Awai,ds Gala celebrated its wlnnets and the remarlrable people withiii the commullityl This ¢hai'itable event su¢ce&8fully raised approximately £72J71 to support rsc programs that transforni the lives of underprivlleged children and elderly individuals. This achievement was made possible solely through your support and involvement! '.? YAI Sonje highlights o( th¢ period - J_LComu no: 02765741) k # wlLoII 'rhe Rdiof.Fulld RumaUfia.Tr.¥dln￿CQrnp￿n -￿0W￿¢4] su.bsldlar Rellef fiund for Ron)anla Ltd {Conip*ny no: 02940127) VAT Registi'ation no: 736 6852 U7 ALL C.ORRESPONDEINCE TO: 18 Fitzhardinge Street, London, London, WIH 6EQ ofthe CreAtlve Care: An Erasrnus+ Project to Improve HeAlthearè for the Eld6rly Crtative Care is an Ei'osmii&F project dedicated to improving the skills and capacities of professionals workit]g dÈr¢ctly with the elderly in healthcwe institutions, inGludlng hospitals, day ¢¢nl¢r8, and residentiaL care homes.The project aims lo d¢llver art-bas¢d programs and ac¢ivities foi. older adult4 built on an inier8¢nerational and participatory approach, fostering engagement oreativity) and inprov¢d well-being among ihe elderly. CREATIVE CARE P4rtlclP&￿y￿rtI p¢rson%i1sheaIth¢￿4s¢tth ww.Li'e&tlVLcare* ro ebt With the involvetn¢nt of 150 volunteen, ovei. 800 Children experienGed meniorable days, joy and celebratioi]s. A group of FSC volunteers iw be¢n trained to become leadet3 and project coordinatot3 for upcoming initiative8. These vis1on￿Y young individuais are prepared to tE&e action through initiatives aimed at bringing p08itive change to society. So far, they h&ve demonstrated excgllence in the face of challenges and are inotivated to continue thelr pa'sonal developrn¢nt pro¢¢s3. Summer eamps row the ehlldrtn GrnduatlDn Da Every beginning inevitably comes with an end. CraduatAOn Day mEu*ed the ¢on¢lusion of atL exceptional chapter for the volunteei's that exit the programm¢ and go ,,out into the world" They have left behind a valuable leg￿Y of involvement and inspii'ation. But every end also repi'esents an opportunity for a new beginning. On the sum¢ Friday} we opened the doors to a iiew stage through 0￿. re(n￿￿llent Gampaign, wh¢r¢ new'ly 200 enthusiastic your)g people Came to offei. their time and hearts to Volunte￿.1llg. The Rtlief Fund foi. RoinaDla 'fi'adlnE Compaiiy (Compaiiy 02765741 l 1$ li wholly owD¢d Sllbsldlary of th¢ Rolief ￿1nd foi. Ronillnfra Ltd (Coinpany no: 02940127) VA T R¢gi511'atioii no.. 726 6852 07 ALL CORREI SPONDLI NCI TO: 18 Fitzhardlnge Street, London, London, WIH 6EQ Ootober- The Month Dedical¢d to Senknr81 We w'e hoiior¢d tg dedA¢ate these days kn the seniors, those who have inspired us and enriched our lives with Iheir wisdom and ¢xp¢ri¢n¢¢s. With gratitude, we prepared a series oeevents designed to bring them joy and provlde th¢m with a well-des¢rved place in the ear¢ of the ¢ommuni¢y', Workshop: Speci￿iZed Services for the Seniors of Bacau. .,SÉNIOMllQI..' Harvest Day al Senior Vlll*ge Mllly Together with the TVR Iaii team, we created a healtfelt edition aljout our services dedicated to tld¢rly care and the positive Impact they hav¢ on the community, With the support of the Orxnierla team, we pi'oductd a fLlm dedicatsd to Senlor Village Milly, Charltable Evellts- SwAm#thon and Urban Run This year, we had a brnve team of 4 enthusiaBtic volunteers who parti¢Lpated in the Urban facing a 8¢ri¢s of exciting and fun challenges. In addition to experlen¢iDg an intense journey durlng the race, anoih¢r t¢arn of volunteers played a crucial role along the routs, assisting at key points and providing support to the participants. It was a wondei'fill day of 'riLe Relief.Fulld for ROm￿nia.Trad1n R¢lief Fund fur Romallla Ltd (Company n(b; 02940127) VAT Reglstt*tAon no: 726 6&52 07 ALL CORRESPONDENCE TO: 18 Fltzhardlngestreet, London, London, WIH 6EQ teamworK detennination, and cotnmunity splritl CIL8rlty Campaigns We joythlly joined the initiative of the Galati Charnber of Publie Notaries to provide tangible support to fatnlli¢s severely affected by the recent floods. Through the mobilization of the community and the Eenerous contributions of our sponso￿, we were able to deliver food, ess¢ntÈat pri)du¢ts. and otber resources to Cudalbi Vli lag¢ lo help them Tebuild their bomes. We would like ¢0 express our sincere Ertititude to the 3pon3or3 involved, who ￿Sp￿llded quickly to our call ond, thmugh their Solid￿'[ty, made it possible for these families to receive the mwh-needed assistanG¢. The Relief Fulld ffrr Roinallla Tr¥¢(Ilng C.omi)nny (Compiilly 02765741} i5 ￿ wliolly own¢(I siibs1di￿ry of tho R¢lief ￿1￿11 foi. Romanla Ltd IConip*ny n(1: 02940127) VA T Registi'#tiTrll J]0: 726 6852 07 ALL CORIICI SPONDENCEI TO: 18 Fltzhardlnge Street, London, London, WIH 6EQ Volunteer GAI December 5th- IllteTn&tlonal Volunte¢r Day) elebratsd in styl¢ by Ihg FSC Volunt¢¢r C¢nter.In a thunder ofapplause, ¢h¢ hundreds of voluntee present &t th¢ Ba¢au Volunt¢¢r3 G¥411 received appreciation frorn publlc autliorlties and teachers who atteTLded the ev¢nt. This special o¢¢a8ionhighlightsd the dedication and impact of volunteers, honoring their invaluable Gonlribution to th¢ community. Christmas CaJllpaigll$ for Children The spirit of a nagical Chrislmas took shape for t chlldren at the Llplel Clllbs, and with the help of our dear little elve3, we ¢el¢brated genern8ity through festive events that the chlldren will surely n¢v¢r forE¢tI Th¢ir infe¢tious enthusiasm, traditional carols, and the excltement of finally rec*ivlng the long-awaited gift of the ye￿. reminded u8 of the authentl¢joy thls hollday brings to our bewtsl Christmas Campalgns for eldery people We are filled with ￿&tItUde as the 440 grandparents from 9 comtnunes and th¢ ¢ty of Ba¢au, whom we care for, have 81art¢d receiving tbe much-awaited Christmas packages! A heartfelt thank you to our 8tratsgic partners at Ilaufl4nd Romonla, who made this campaign Tho ReliefFMlld for Romattla TrudlniConip￿all Coj -J is # whollLown¢d siibsldlAILof.th¢ . ll 11th. 0276574l R¢llef fur RoniallAA Ltd (Comp#ny no: 02940127) VAT Registration no: 726 6852 07 ALL C.ORRESPONDKNCE TO: 18 Fltzhardlnge Street, London, London, WIH 6EQ possible! "Women Who Tr#n$form Destlllies" Evtnt The 'ryVomen Who Tr*n8form Destlnies" event celebrated the strength, courage, and vision of the women who arlively involved in ow. communityl Th&se women are not only the main characters in their own life SLorAes but also ar¢hit¢Gts of b¢tt¢r, tt)ore equitable, and hopeful worlds. This event brought together FSC ambassadors who have contributed to our story> and to whom we owe oiir gratitudel We don't just dreans we build. we don't just hope, we act through our innovative idea8 that will shape futur¢ pr()ie¢ts1 W¢ inv¢st ill educntion, we invest ill the future. W¢ invest in children from a young ag¢ through Legal Educatlon session4 designed and adapted to their age. Through these sesgions, we provided students with a practical p¢rsp¢ctive on thelr rights and responsibilities, the functioning of the justice system, and how they can aGlively contribule to upholding th¢ law. We stmngly believe that education is the key to building a beller community. We continue to invest in the fiitLire of young people and Support initiatives thal make a diiference! Activ mW￿l¢- Crextivity and Innovation We passion8tely organized 5 prize competitions ci'eativ¢ workshops full of inspiration, an Open Doors Day, and over 5 weekend fairs that b1.ou￿}t joy to the coinmunity. Throiigh our w'oducts, we mallaged to brliig many Bmiles and be￿ltIfUl moments into the Tlie Reliei fiund fo)" Romaiifia Tvadliig Co)npaiiy {Company 110: 0276$741) ts y wholly owned 8ubslth#ry of the Rell¥f Ifund for ROm￿nI4 Ltd (C.'onJpany no: 02940127) VAT R¢gisti'ation Jo: 726 6852 07 ALL CORRESPONDFNC:E'I'O: 18 Fitzhardinge Street, London, London, WIPI 6EQ lives of those WILO ohose u8. FithtiadeSP(Ibieomufi*£l THANK YOU FOR JOINING US! Together we can do mor¢1 We appreciate the continuous support from RFFR Thank ou RFFR or eve thin we can do morel ther Fvild￿tIfft de spri11￿ Coniuiiitur 28104125 Mrs G Achihai RFFR Director The. Relief Fund foi. RomaDla TradiniCDnipaiiy 0276%741. -Als.a wh(>llxoy.u¢d_subslJl#rLof.Ihe Rellcf Thnd for Romania Ltd {C,onip¥ny no.. l)2940127) VA T Rogi$tl'4tlon llo: 726 6852 07 ALL C.OIIRLI SPONDENCL TO: 18 Fitzhardlnge Street, London, London, WIH 6EQ io Indep6ndent examIne￿5 report to the trustses of Relief fund for romania Ilmlted Independent ex&miner'5 report to the trustees of Rt]ief Fllnd For Romania Llmited {'th¢ Comp8ny') I reporl to the charity trustees on my examination of the accounts of ihe Company for the Ye￿ ended 30th June 2024, R¢sponslbllltl¢s and bAsIs of report As the charity's trustee8 of the Company (and also its directOf3 for the purposes of con]pany law) you Lye responsible for the preparation of tbe aG¢ounts in aGGordattG¢ with the requirements of th¢ Compahi¢s Ad 2006 (%he 2006 A¢t'). Having satisfied myself that the accounts of the Cr)mpany are not required to be audited under Part 16 of the 2￿6 Act and are eligible for independent examination, I report in respect of my examination of your chari¢y'$ accounts as carried out undei. Section 145 of the Charitles AGI 2011 {Yhe 2011 Act,). In carrylng out my examination I have followed the Directions given by the Ch￿'[ty Conunission under Section 145(5) (b) of the 2011 Act. tndependellt examiuer's stAtement I have completed my examination. I confirin that no matters have come to my attention in connection with the examination giving m¢ cause to b¢lieve: accounting i'ecords wei'e not kept in respect of the Company as required by Section 386 of the 2006 Act. or the ¥wounts do not accord with tlios¢ r¢rords' or the accounts do not Gomply with the arcounting irquirements of Section 396 of the 2006 Act other than any requirement tbat the accounts give a true and fair view which is not a matter constder¢d as part of an illdependent examination,, or the accounts have not been prepared in accordance with lh¢ meti]ods prAnGiples Df the Statement of Recommended Practice for accowiting and ￿pOrting by charities (applicable to chai'ities prepartng their accounts in accoidance with the Financial ReportÈng Stalldard applicable in the UK and Republic of ITeland (FRS 102)). I have no concerns and have come aci'oss no other ￿￿tter5 in connection with the ¢xamination to which aL'tention should be in thÈ3 1'ePQrt in ord¢r to enable a propw Und￿Standing of the aGGowits ts) be reached. omit Basu, FCA (Senior Slatutoiy Auditi>i') The Inslittite of Chartered Accountants in England and Wales Barnes Noble Ltd Unitec Ilouse 2 Albert Place London N3 IQB D&te:.,.,.,.... 28J,Q412S............... Rellof Fund For R¢xnanla Llmlted Statement of flnanclal actlvltles for the Year Ended 30th June 2024 2024 2023 Unrostrlcted Total fund funds Notes In¢ome #nd tndowmonts from Donations and legacies Expenditure on Raising funds 9,855 Charitabl¢ activities Charitable activities Total 36,556 11,716 NET INCOM 14,144 22,991 Reconciliation of funds rotal tuttds brought forward 93,150 70,159 Total thnds earried forward 107 294 The notes fomi part of these financial statements 12 Relief Fund For Romanla Llmltsd (Reglstered number.. 02940127) statement of financial position 30th June 2024 2024 Unrestrlcted fund 2023 Total funds Notes Fixed agset$ Investrnents Current Assets Debtor8 Cash at bank 12 13 67,739 41,354 71,106 23,021 109,093 94,127 Credltors Amounts f&lling due withit] one year 14 {1,802) {979} Net Current assets 107 Total A%set% less ellrrent lixbllitles 107294 93,150 NKT ASSEIS 107294 93.150 Fundj Unrestricted funds 15 107 294 Totxl fllnds 107,294 93,150 The charit&ble company is entitled lo exemption from audit undei, Section 477 ot the Companies Act 2006 fL)r the year ended 30th June 2024. The members have not requirtMI the comL)atsy lo obtain ￿ audit of its fJnanGial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companie5 Act 2006. 'rhe trustees acknowledg¢ their r¢spon371)ili¢ie5 for {&) ensur11￿ Lhat the Charitable company keeps accounting i'ecords that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statetnents which give a true fair view of the state of affairs of the charitable compkmy a8 al the end of ¢a¢h finaucial yeEll' and of its surplus or defLClt for each fmancial year in accordance with the requirements of Sections 394 and 395 and which othenvise ¢omply with the requirements of the Coinpanies Act 2006 relating to fiiiattcial statements, so far as applicable to the charitable Co￿panY. (b) The notes form part of these financial statements 13 continued... Relief Fund For Romania Limited (Regl8tered number: 02940127) statement of flnanclal posltion - contlnued 30th June 2024 These flnanciai statemen¢g have be