Scoltlvh Charity Number." SC043667 Charity Commission Nmmber.. J100323 CompanyNumber.' 489JIOO (England and FYal£y) Centre of Hope Report & Financial Statements For the year ended 31 March 2025 |+P Innes & Partners
Centre of Hope Contents Page Report of the Trnstees Report of the Independent Examiner to thc Tnle¢S Statement of Finallcial Activities Balaace Sheet Notes to the Financial Statements 8-13
Centre of Hope Report of the Trustees for the year ended 31 March 2025 Report of the Trustees The Tnjsiees, who are also Directors for the puryoses of Company Law. present their report and accounts for lh¢ year ended 31 March 2025. The trustees have adopted the provisions of the Statcwncnt of Recommendcd PrlICe {SORP) "Accounting and Rewrfing by Charities" (FRS 102) in preparing th¢ annual r¢port and financial 6tat¢mcnt5 of th¢ charity. The finan¢tal statements have been prcpared in ac¢ordartce with the aceounting policies set out in notes to the accounts and comply with the eharity's governing document, the Charities Act 2011 and Accounting and Rewrting by Charities.. Statement of Recommended Practicc appli¢abl¢ lo charities preparing their accounts in accordance with the Financial Reportin8 Standard appli¢abl¢ in tb¢ UK and Rcpublic of Ireland (FRS102) (effective l January 2019). PrSnclpal address Doonbrae 93 Clifton Road Lossiemouth Morayshirc IV316DP Regljtered Office 7 Hawthorn Avenue Swanston Cambridge CB22 3TE StAtus of Charlty Ind Covernlng Document The charity is a COTnpany IiTllitcd by guarantee INO. 4891100) registered in England and Wales and wa5 incorporated on 8 September 23. It is governed by the company's Memorandum and Articles of Asso¢iaiion. The orgattisation is registered with OSCR as a Scottish charity (No. SC043667) and with the Charity Commission (No.1100325). A separate charity called A50CIAtia Centre of Hope was establisbed in Romania in May 21X)2. The Principl¢ and m¢mbcr8 of this charity have ¥4 number of Director& in common with the Ccntre of Hope - GLIA. None of thc Tru6tccs has any beneficial interest in the company. All of the Tntee5 are munb¢rs of the company and guarantee to contributc £1 in the event of a winding up. Objef tives actlvltle The objectives of the Centre of Hope are to provide practical helpj comfort and spirittl encouragement to the people of Romania. These objectives achieved through the nmning of a family support eentre. the Centre of Hope in Dorohoi, Rornanig, where the poor and needy are able to come for diverse a5SiStance as s¢t out in the s¢ction"Achievements and perfomiance" below. In ord¢r to continue resourcing the work of the Centre of Hope. Bn integral part of our &ctiviti¢s is to rnioo oworonooo in tho UY% of tho oonditionj of thc poor und ncody of Dorohoi. Publle benefit 5tatcment The Trustecs have paid due regd to guidance issu¢d by the Charity Commission on public benefit in deciding whai acrivities the chariry should und¢rtak¢. Trustees and Office Bearers The Tru5tee5. who are also the Directors for the purpose of company law, and who served during the year were: Graham Bris¢oe (Chair of Trustee5) Anita Hillman Peter Butcher Nichola5 Hillman Laura Frost (stepped down May 2024) Gillian Marti Company Sccretary.. Lesley Butchei" (stepped down May 2024) Memb¢r and sigryatory.. Duncan Gilroy Page I
Centre of Ho Report of the Trustees for the year ended 31 March 2025 Trustee5 and Office Bearers (co¢,d> Prospective n¢w Trusrees are advised of their Tesponsibilities as trUS¢S Ènd are invitcd to attend a Board meeting ex officio. If the Board of Trustees and the prospective trustee are in agr¢wicnt they are appointed to the Board in accordance with the Chsritable ¢ompAny's Memorandum and Articles of Association. Achlevcmentg gnd perform2n¢e Sadly Lesley Butcher (co-founder with P¢l¢r Butcher) passed away in Febrnary 2025 after Suffering from Dementia. Th¢ &ctiviti¢s of the Centre in Romanian continue with our tearn preparing hot meals as take-aways. enabling people to come and collect at a time suitable lo them and we continue (o provide monthly food bags, gas bottle refills. and help towards costs of mcdicine etc. As in past years we were ablc to provide Christmas gifts for children and the elderly and our usual larger food bags in December. We are very proud of our Team ofthree still continuing to do this. Th¢ g¢n¢ral situation in Dorohoi do¢sn't improve for those we help because of th¢ ¢ontinually rising cost of food and fuel. which makes life more difficult csp¢ci&lly in these difficult timcs and rising prices as ¢15ewhcrc in the world - h&$ added considerabl¢ extra cost to the Centre for providtn8 meals and food bags. Some new fwnili¢s hAve ¢ome to the Centre asking for hot meals and food bag5 and through the G¢neral Fund we hav¢ been able to take them into our pro8rammc. We continue to help in areas of obvious need and distress. The numbcr of famili¢5 being supported regularly through spccifjc donations continue and thesc donations ar¢ athninistered by the Asociatia Centre of Hope in Rotnania. We Flave also been able to continue our Education Projeci helping particularly with teenagers who live in the villages with transport costs to continue their education in thc high s¢hool in Dorohoi. We also help some university sdentS and others training as nurs¢s, cookery courses OT 5irnilar courses. It has been encouraging to hear from sev¢ral people Ls to how much the help that we have provided has been beneficial to their liv&s. We continue lo &8sess everyone who applies for help and for how long and we ¢ontinu¢ to work closely with the local Social Services. Centre of Hope is Iccogniscd a5 bcing part of the social work of the towi) although retaining its chaity ststus amd is not 5UPPOrted by any fimding through the Romanian Govemment or any other charitable body in Romania. As the situation in UkTaine continues we remain open to receiving any refugees. The 5UPPOrt for the Charity continues and supporters continue lo be updated of the artivities at the Lentre through e-ma]l and regular newsletters. 'I'his year. due to health issu¢s ot several ot the fvstees we have not becn able to give as many updates through talks and presenlatiolls but ar¢ hoping to re- establish these during the coming year. Peter Butcher resides in Scotland and Centre of Hope- GLIA is registered as a Charity in Scotland as well as England and Wales. Futsre plony Wc continuc to look at way5 in which the Charity can dcvclop and Inrrca its activities at the Centr¢ in order lo hclp "break th¢ cycle" of poverty that so many families are in. but always being aware of the aims and key objectives of the Charity. Page 2
Centre of Ho Report of the Trustees for the year ended 31 March 2025 Financlal Review Principdlsource5 offmnthng The principal funding of the ch8Jity continues to be through individuals, trnsts and churches which bave 5UPPOrted the key objectives of the chariry a5 sbown in this report and accounts. Aft¢r b¢ing notified by'stewardthip" that they would be closing thc account that we held with them in June 2022. il was dLded by the TrSte¢S to transfer the funds to Kin8dom BatLk. This now means thxt we nerd lo withdraw sterling casb in the UK and take it to Romania to use for goods and servic¢s thkt ¢anttot bc put through the As. Centre of Hope account. All monies that does not go through th¢ As. Centre of Hope is ed to help those in need and is recorded. Resultsfgr theye4r The attached accounts fully detail the finan¢ial position of Ihc charity and the TImst$ continue to thank the Lord and all those who have supported the work of the Centre during the y¢ar under review. The Statement of Finaneigl A¢livi¢ic5 on page 6 reflects net ouigoing resources of £5.018 (2024.. nct outgoin8 resources of £34,507). It continues to be the policy of the charity thai unrestrictcd funds which havc not been designated for a specific use should maintained at a level equivalent to betwc¢n thrcc and six month5 cxpenditure. Th¢ Trustccs consider that reserv¢5 at thi5 Icvcl will ensure that in the event of a significant drop in suppor¢, they will be able to continue the majoriry of the charity's current activities while consideration is given to Way5 in wlu'ch additional funds may be raised. The General Fund (page 6) &t 31 Mar¢h 2025 amounted to £1,045 12024.. £5,815) which is below target but ihey gre working to improv¢ this p)sition. Total reserves, including the net book value of fixed assets and balances on restricted funth amounted to £23,455 (2024: £28.473). Statement on Rigk The Trustee5 have &ssess¢d th¢ major risks to which the charity is exposed 8nd are satisfied that syst¢m6 arc in place to mitigate expo8UTC to the major risks. B4nkers CAF Bank Ltd 25 Kings Hill Av¢nue Kings Hill West Malling Kent ME194JQ Banca Transilvania Str Dumitru Furtuna Dorohoi Cod 715200 Romania Kingdom Bank Ltd Media House Padge Road Beeston Nottingham NG9 2RS Page 3
Centre of Ho Report of the Trustees for the year ended 31 March 2025 Trustees responslbllltles The Trustees (who are also Directors of the ¢harity. for the purposes of company law) are responsible for prepillg the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally ACCled A¢¢oullting Practice). Company law rquires the Trustees to prepare financial statements for each financial year, which giv¢ a truc and fair vi¢w of the state of affairs of the charitable company and of the incoming rtsourcc5 and appliGation of resources. including the income and expenditure. of the charitable comparty for that period. In preparinB these fit7¢101 statemenis. the Tntse8 are required to.. Select suitsblc accounting policies and then apply them consistently. ob8eTve thc methods and principles in the Chariti SORP.. make judsem¢nts and ¢slimateS that are reasonable and prudent. state wheth¢r applicable UK kncounting Standard5 bccn followed. subject lo any matrrial departures disclosed explaincd in thc financial 5tatcmcnts" pr¢par¢ th¢ financial statements on the going concern basis unless it is inappropriate to presume Ihai the charitable company will continue in operation. Th¢ Ttusiees Hre responsible for ke¢pin8 adequate accounting records that disclose with r¢osonAblc ¢wacy a¢ any tirnc thc financial p)sition of the charitable company and enable them to ensurc that the financial statements comply with the Companie5 Act 2006. Th¢y are also responsiblc for saf¢guarding the assets of the charitable company and henc¢ for taktng r¢&sonoble steps for the prevention and delcclion of fraud and other irr¢gularities. Approved by the TnleeS on 23 December 2025 and signed on tbeir behalf by.. Peter Butcher Tru$¢ee Page 4
Centre of Hope Independent Examiner's report to the Trustees for the year ended 31 March 2025 l Teport on the accounts of the company foT the year ended 31 March 2025. which are set out on pages 6 to 13. Respective responsibilitles of tSteeS and examlner The trustees (who are also the directors ol the company for the purposes of Company law) are responsible for the prepardtion of the accounts. The trustee5 considcr that an audit is not required for this year under section 144(2) of the Charities Act 2011 {the 2011 Act) or under Regulation 10 (l)la) to (c) of The Charitie5 Accounts (Scotland) Regulations 2(106 (gs amended) (the 2006 A¢¢ounts Rcgulations) and that an indcpendent ¢X8minalion is nceded. The Charity is required by company law to preparc accrued accounts and I am qualified to undertAke the examination by bcing a qualificd member of The Association of Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, il is my responsibility to: examine the accounts under section 145 of the 2011 Act and scciion 44(1)(¢) of the Charities and Trust¢¢ Investment (Scotland) Act 21K)5 (the 2005 Act): to follow the procedure5 laid down in the general Direction$ 8lV¢rt by th¢ Charity Commission und¢r sxtion 145(5)Ib) of the 2011 A¢1; and to state whether particular matters ve come to my attention. Bajls of Independent examlner'j report My ex&minAtion was ttled out in accoTthnce with the 8eneral Dir¢¢tions given by the Charity Commission and is in a¢¢ordan¢¢ with Regulation I l of the Charities Accounts {Scotlalld) R¢8ulatiOTJS 2006 (as amended). An examination includes & review of the accounting records kcpr by the charity and a romparison of th¢ accounts pr¢s¢nl¢d with thos¢ (ords. 11 J150 in¢lud¢s consideration of any unusual items or disclosurc5 in the #ccountg, and Seeking explatIonS from you as trustecs conccming any 8uch matters. Th¢ procedures undertaken do not provide all thc evidcnc¢ that would be required in an audit and consequently no opinion is given as lo wh¢iher the ¥eounts present a 'true and lair view, and the report is limited to those matters set out in the slatement below. Independertt examiner's statement In connection with my ¢x8mination, no matter has come to my attention.. which gives me reasonable eause to believe that in any material respect the requirements.. to keep accounting records in a¢¢ordance with section 386 of the Companies Act 2006 and 5e¢tion 44{1){a) of thc 2005 Act: and to prepare accounts which accord with the accounting r¢cord5, comply WEth the accounting requirements of the Companies Act 2006. section 44{1)(b) of th¢ 21)05 Act and Regulation 8 of the 2006 Accounts Regulations. arld which are consist¢ni with Lh¢ methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met. OT 2. to which. in my opinion, attention should be drawn in ordcr to enable a proper understanding of ihe accounts to be reached. athan N Jnnes FCCA Managing Director Inne5 & Partners Limited Chartered Certified Accountsnts 9 Ardro5s Street Inverncss IV35 Dare.. 23 D¢c¢mb¢r 2025 |+P Innes & Partners Page 5 ChartEred CertifiEd A£¢ants
Centre of Hope Statement of Flnancial Activitles (Incorporating Income and Expendlture Accoulll) For theyear ended 31 March 2025 General Desi%nAted Reslritted nd fulld funds 2025 Total 2024 Total Notes Income Donations and legacies ChIt3b1e activities Other trading a¢tivitcs Total Ineome 70.802 3.320 360 74,122 360 098 58.729 360 718 698 71,500 3,680 75,1811 59,81)7 Expendlture Chiritsble activities 74,017 6,088 80,105 94,793 TotAI expendlture 74,017 6.088 80,105 94,793 Net In¢ome before tr#nsferi (2J17) (2.408) (4,925) (34,986) Transfers 1&19 (2,160) (4,677) 2,160 Net movement In fulld8 After traDsfers (248) 14,925) (34,986) Gain00$$e1} on forelzn Currency exebAnge 193) {93) 479 14,770) (248> {5.018) (34,507) Total fimds brou¥ht forward 5.815 22,658 28,473 62,980 Total funds ¢Arrled ffjrwArd 18,19 1,045 22,410 23A55 2&473 Represented by: Unrestrlcted fund GEra/ItInd Designated Funds Designaled assetsfund Restricted Funds FL7mily supporifM4d Operafion buildfund DeiitLsiryfi411d Peter ondLesley st4pportfund Gas bottle woodfund Ukraine Crisisfitnd ChrEStmas Fund 1.045 I,lJ45 5,815 19 837 376 2,325 18,872 837 376 2,325 1&872 837 291 2,325 18,872 333 'I'olal Tr'unds 1.045 22,410 23,4S5 28,473 The note5 on pages 8 to 13 f4)nn p&rt of these financial stAtements. Page 6
Centre of Hope Balance sheet As ai 3] Moyck 2025 IRcBlcr¢d CoNo'. 48911W) Unrestricted Dejignated Rtitrleted funds fund funds 2025 Total 2024 Total Notes Flxed assets TangEble 8ssets 13 Current •iRts D¢btor5 Cash at bank and in hand 15 3.832 (931) 2,901 3.832 21,479 25Jll 3.440 27,008 30,448 22.410 22310 Total current 18sets Ll•bllltl¢i Creditors.. falling due within one year Net eurrent let1 16 (1,8561 (J,856) (1,975) 1,04S 22,410 23,455 28,473 Tot•1 4iiet$ leu eurrent Ilabllltle8 1.045 22AIO 23,455 28.473 Totsl not 1,1145 22,410 23.455 28,473 The fund5 of the Charlty Unrestricted fund 18 1,045 1,1145 5,815 Desiated fund Resthcied fjjnds 18 19 22.410 22.410 22,410 23,455 22,658 28,473 Total ehArlty fund8 1,045 For the year ending 31 March 2025. the company was entitled to exemption from audit under section 477 ofthe Companies Act 2006 relating io smdll compmies. Dlreetors, re9ponxlbllltiei The memb¢r5 h&ve not required the company to obtain an audit of it5 account$ for the year in qutStion in accordance with section 476 of the Companies Act 2006. The dircctor5 acknowledge their responsibilities for complying with the reqUireMts of the Act with r¢sP¢Ct t¢ accounting records and preparation olthe accouTLts. The financial statements were approved by th¢ Board on 23 D¢c¢rnb¢r 1025 and si8ned on (heir behalf by.. Peter Buteher Trustee The notes on pages 8 to 13 f¢)rni part of these fllTrk)cial statemellts. Page 7
Centre of Ho Notes to the financial statements for the year ended 31 March 2025 A¢¢ounting pollcles B45is ofpreptTrotio C¢ntr¢ of Hopc is a company limited by gLwantee registered in England and Wales. tn the evenl of the charity being wound up, the liability in respect of the guarantee is limited to £1 per mcmber of the charity. The address of the r¢8iStered offi¢¢ 1$ given in the charity inforniation on page l of thes¢ financial Statements. The financial statcm¢nt5 hav¢ bccn Prepared in accordance with th¢ Charities Act 2011 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan¢¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued in 2019, the Charities and Trustee IDvestment (Scoiland) Act 2005, the Companies Act 2006 and the Charities Ac¢ounts (Scotland) Regulations 2006 (as amended). The chority constitules a public benefit entity as defined by FRS 102. Income andDebtsr8 All voluntsry income and bank interest is accounted for when received E4pArt from income tax Tecoveries on Gift Aid which are accounted for on an accrua15 ba515. Ikbiors or¢ valued at ¢ost at the year end and adjusied for any amounts considered ro be unr¢coverabl¢. Eyndltspd And Cpedliors Expenditure is recognised on an accrnals basis when a liability is incurred. Expenditure includes any VAT which CaTOl be filY recovered and is reported as part of the expenditure to wbich it r¢lares. Charitable expenditur¢ comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that ean be lOcad directly to such aciiviti¢s and those ¢osts of an indirect n&Nre necessary to support (hem. Crediiors are valued ai cosi at the year end and split between amounts due in less than one year and amounts due in more than one ye. Fiyed ossets Tangiblc fixcd as8Cts, other than land, are stated at cost less depreciation. Depreciation is provided at th¢ following annual rates in order to write off each asset over its estimated useful lif¢.' Computers and ¢quipment 25Q/o Strai¥ht line Fureign eMrr¢Aey Transactions in foreign currencies are brought into account a( the rate prevailing at the date of the transaction. B#lances in hand at the year-end are convcrtcd to sterling at the rate of exChge prevailing at the balance sheet date. Any differences aTising from the use of varying exchange rates are written off at th¢ y¢ar-¢nd a5 & gain or loss on foreign exchange transactions. Siatemelll ofFlxdhelqlActiwilies For ihe purpose of the Slatcment of Financial Activities as shown on page 6, funds ar¢ defined as follows.. Unrestricted funds cotnprise grants 41nd other illCOEne iEceived for the objects of the charity without fiffthcr sp¢cified pwpose and are available a5 generdl funds. Designated funds rcpr¢5¢nt unrestricted fimd5 which have been eaTmark¢d by lh¢ Trus¢¢¢s' for particular purposes. Restrfcted funds comprise income which has been rKeived for the objects of the charity and specified for a rcstricted puryK)se within these objects by the donor. Page 8
Centre of Hope Notes to the financial stydtements for the year ended 31 March 2025 L Dontlons leg&cle Unrestrlcted Dul%nat¢d Re$trE¢ted fund fwid funds 2025 Totlll 2024 Totsl Donaiions Donaiions- Education Gift Aid donatiotys Gift Aid Donatiot)s- Edution Gift Aid T¢¢laimabl¢ 33,481 1,446 28,1 l8 1.490 6.267 70.802 695 34,176 1,446 30,218 1.490 6.792 74,122 23.878 1.304 26,410 1.440 5,697 58,729 2,100 525 3J20 Income from donatsons and lega¢ies £74,12212024.. £58,729) of whi¢h £70.802 was urtres¢ricied (2024.. £54,448). £nil wa8 designated (2024.. £nil) ond £3,320 wa$ restri¢ted {2024: £4,281). 3. Chirltable A¢tlvldei- Income Unrestrleted DeJl8nated Rutrlcted fund fund nds 2025 Total 2024 Total Swn&or5hip 360 360 360 360 360 360 Income from ¢haThthbl¢ ac¢iirities wa8 £36012024.. £360) of which £nil was unr¢stricted (2024.. £nil). £nil was desi8natrd {2024: £nill and £360 w85 re$tri¢¢¢d (2024.. £360). 4. Otber tradlng 8Ctlvltle Unreitrlcted Deslinited Restrlcted rund fund rundi 2025 Total 2024 Totsl Bank interest Other income 303 395 303 395 307 698 698 718 Income from other trading ¥¢tiviues was £698 (2024: £718) of which £698 was Unrestrict (2024.. £6681, £nil wa$ desiBn8ted {2024.. £nill wd £nil was re8triCted12024.. £50). S. Charltable ctlvldei- expendlture Staff £ostJ Dlre ¢osts Support 2025 Total 2024 Tot#1 A¢¥iwlty Grant fwidin¥ to Romania Farnily support Dis(ress fund UK support costs (Nofe 6) (Noie 7) (Nofe 8) ofe 9) 57.526 4.543 7,317 5,719 75,105 57J26 4J43 7J17 10,719 80,105 67,731 4,095 7,713 15,254 94,793 5.000 5.000 orivhich.. REla¢ing to genernl funds Relating to d¢5ignated funds Relatin¥ lo re5lrictEd fund5 4,710 69.307 74,017 85,906 290 5.798 6,088 8,887 Page 9
Centre of Hope Notes to the financial statements for the year ended 31 March 2025 GrAnt fundlng to Rorninla Unre#tri¢ted fund Deslgnated nd Restrleted fund8 2025 Total 2024 Total Ccntre opcrntitig c08ts 56,643 883 57,526 67.731 67,731 56,643 883 57,516 Expenditure from centre nM)ning c05t5 was £57,526 (2024: £67,731) of which £56,643 was unrestricted (2024.. £65.498). £nil was de8ignalcd (2024.. £nil) and £883 was rcstriclcd (2024.. £2,233). Flmlly Support Unrestrleted fund DeJlRnated Re8trlcted fund runds 2023 Total 2024 Totsl Sponsorship 4,543 4,543 4.095 4,543 443 4.095 Expendifltre from family support costs was £4.543 (2024.. £4,095) of which £nil was unrestricted (2024.. £nil). £nil was desIated(2024. £nil) and £4.543 wa$ restricted (2024.. £4.095). Dlitress fyDd Unrejtrlcted nd Deilgnated rund Restrlf ted funds 2025 TotAI 2024 Total Food General Medical G&s and wood EdutiOn 3,121 372 3.493 4.099 157 27 273 3,157 7.713 123 3,699 6,945 123 3,699 7,317 372 Expenditurc from di8tre5s fund costs was £7.317 (2024.. £7.713) of which £6.945 was unr¢stri¢ted (2024.. £7,367). £nil was designated {2024.. £nil) and £372 was restricted (2024.. £346). Pagelo
Centre of Hope Note5 to the financial statements for the yr ended 31 March 2025 9. UK iupport costs Unresiricted lund Designated (und Re8trEcted fwnds 2025 2124 TotaI Insurance Travel costs Ukrain¢ RefiJgeE Crisi5 Staff c08ts Legal and prof¢ssional fees Indcpendent Examination f¢e Bank charg¢5 Sundry expenses 418 2.376 5,061 4,800 908 4.710 73 1.656 2,464 250 290 5.000 73 Ih56 2,404 2511 1,575 836 188 1•.429 290 10,719 15,254 Expenditure from UK support Gost5 was £10,71912024.. £15,254) of which £10,429 was unre51ricted12024.. £13.041). £nil was dt$ignatcd (2024.. £rri1) and £290 was restTi¢l¢d12024.. £2,213). Thr Dun]bcT of ¢rllploys durillg th¢ year wgs 1 (2024..21. There are no ¢mployees rec¢ivinA more than £60.(N)O. 10. Dlreetori, rtrnunertlon and ¢xpensei Pel¢r Butch¢r, & Trust¢¢ & employee. And his wife Lcslcy Butcher, all employee until May 2024, both reccivcd Bal8ri¢s in conn¢¢tioo wilh their Work in Romania on behalf of the ¢hArity amountin8 to £4,600 {2024.. £2,4(M)) and £400 (2024-. £2.400) Tespeetivcly. These payments are pernlitted by the eompanls Mcmorandutn aT Articlc5 of Asso¢iAtion. Whilst in Romani&, Pet¢r and Lesley Butchcr also rcceive Accommod10 in the Centre which 1$ prOlded by the charity. for the better pcrformance of their duties whilst manawn8 the Centr¢. None of th¢ Oth Trustees lor any P¢T8ons connected with them) re¢eived any remuneration or wtte reimbursed CXPCll5cs durin8 the year12024'. nil). 11. LlbllIty of Memberi The ¢ompAny is limited by 8uaranie¢ and has no 8hAre capital. Nonc of the Trustce5 ha5 any bcngficial iniere5t in the cotnpany. The liability of each mernbcr in the cvcnl of windin8-up is limited to £1. At 31 March 2025, there were 7 Thembers12024.. 8). 12. Related party Ironsa¢tlons Peter Buicher. Trustee & employee and Lesley BuLch¢r, ernployee, of the ¢hllrity are board inernb¢rs of the Asociatia Centrc of Hope, A chATiry in Rom&niA attd Nicholas Hillman, Gillian Martin and Graham Briscoe are members of the AsociaiiA. The Romanian charity has similar ObJLIV¢S to th¢ UK rharity and the two ¢haritie5 work togerhcr to a¢hi¢v¢ thesc objective8. A grant of £57,52612024.. £67,731) wa5 made to this charity to assist in this work which includu running the Centr¢ of Hop¢ in Romania. Page 11
Centre of Hope Notes to the financlal statements for the year ended 31 March 2025 13. Tangiblt fixed assets Computers equipment Total Cost At l April 2024 At JI March 21125 1,050 1,050 1,050 1,050 Depreelatlo Ai l April 2024 At31 March 2025 1,050 .050 1,050 1,050 Net book value At 31 March 2025 At 31 March 2024 14. TAxAdon No liability to UK Cory)oAtion Tax arises in the li8ht of the compangs charitable status. 15. DebtrI.. 41DOllllt$ falllng due wlthlD one yeAr 2025 2024 Gift Aid du¢ 3.832 3840 3,832 3,440 16. Credltors: amounts falllng due wlthln one yelr 2025 2024 Accruals Other Creditors 1,6S6 21X) I,S75 400 1056 1,975 17. AnAIys15 of Net Asset8 Among Fund$ Tot#1 Funds 2U25 Unreitrlcted Fundy Restrlettd DeJlgnAted Funds Funds Fixed Assets Current Assets CUent Liabilities As at 31 March 202$ 2,901 (1.856) 1,045 22,410 25,311 (1.856) 23,455 22,410 Total Fund5 2024 Unrestrlcted Funds Restrlcted DeslEnated Funds Fund¥ Fixed Assets Current Assets Cllrrcnt Liabilities As #t 31 March 2024 7.790 (1.975} 5,815 22,658 30,448 {1,9751 28,473 22,658 Page 12
Centre of Hope Notes to the Ilnanclal statements for the year ended 31 March 2025 l& Unre5tsitted funds BalgJl¢¢ At QI.04.2024 Balance at Transfer5 31.03.21125 Income Expendltur¢ Geral fund 5.815 71,500 174,1 101 12,160) 1.1145 Fixed assets fund Total U[eStrICtEd funds S.815 71,500 174,110) (2.1601 lJ145 B#l4nct t 01.04.2023 Bglante t Trlnifers Jl.03.2024 In¢ome Expendlture G¢n¢ral nd 37,845 55,116 185.427) (1.719) S815 Fixod a88cts fimd Tot&1 unrestricted fund8 37.845 55,116 185,427) The GenerqlFMnd is uBed for ihc gener81 puwc5 of the chariry. Thc Fixed assets fund Teprts¢nts the nei book value of the £harit)Is property. fitting8 and equipmeni distin]Shing theirvdlue from unT¢5tricted B¢H¢ral fisnds immethfttely available for us¢. 19. Reltrlcted funds B•lAhce at 01.04.2024 BAlan¢e #t llsftr% 31.03.2025 In¢oD)e Exp¢ndlture Family 5UPPOrt fvnd Operaiion build fijnd Dent15try fi]nd Pcter and Leslry 5UPPOrt fijnd Gas bottle 4nd wood fwid Ukrainc Crisis fund Christmas fijnd Total r¢strictcd fiJndB 2.610 {4J43) 1.933 837 291 2.325 18,872 333 22.658 837 376 2J25 18.872 375 12901 695 ,255 6.088 227 2,160 B814nce t 01.04.202J Incorne Exp¢ndltur¢ TranJfer8 31.032024 Family sUPPOrt fithd Opcraiion build flmd Dentistry rtd Pctcr and Lcslcy support fijnd Gas bottle and wood fund Ukraine Crisis Fund Christma5 fvnd Total restriGtcd fvnds 2.610 {4,0951 (1,2071 1,485 234 973 837 837 291 375 200 (I,2451 2.125 18.929 2J25 18,872 333 22,658 15D {2.283) {8,887 1.506 4,691 25.135 1,719 The Fttmrly suppoyifund represents fvnds lS¢d for the support of Specific indivTdua15 in Romania. ThE Operoison b&lldfund is used for the wttir of individuals, hotnes in Dorohoi. Romanij. Th¢ Deniisiryfurtd is used to prtsvidc dental ¢are in Romania. Thp. Peter andLeslejl1ppo1'1fKRd rBproseniB coniribution& towar&8 thc living costs of Petei wi¢J L¢blLy Bul¥lier. whilst undertaking thetr ¢hariiable work in Romania. The Gus bottle and woodfund is used to as5jSI IDdividuals who require ssistanr¢ with heatiJ]g Costs. The Ukraiiie Crisisfymd repirsenis fvnds received for work with Ukrainian refugcc5. The Chyssipjiasfund repr¢sents fund5 received 10 support the provision and distribuiion ofour Chrisiinas GL)odie ba8S. Page13