Registered Charity number: 1114182
PCF ROMANIA PROJECTS CHARITABLE TRUST Report and Accounts
Year ended 31 March 2025
Muras Baker Jones Limited Chartered Accountants Wolverhampton
PCF ROMANIA PROJECTS CHARITABLE TRUST
| Index | ||
|---|---|---|
| Legal and administrative details | 1 | |
| 2-3 | ||
| 4 | ||
| Receipts and payments account | 5 | |
| Statement of assets and liabilities | 6 | |
| Notes to the accounts | 7-8 |
Legal and administrative details For the year ended 31 March 2025
Address for Correspondence
Governing Document
Trustees
Bankers
Independent Examiner
20 Worcester Grove Perton Wolverhampton WV6 7XE
Declaration of Trust dated 21 March 2006 Registered charity no: 1114182
Mr Andrew Lambert Mr Andrew Bradley Mrs Julie Hodson
Lloyds TSB Bank plc Tettenhall Wolverhampton
O Ross FCA Muras Baker Jones Limited Regent House Bath Avenue Wolverhampton WV1 4EG
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Report of the trustees For the year ended 31 March 2025
The Trustees have pleasure in submitting the Report and Accounts for the year to 31 March 2025.
Objects of the charity
The objects of the charity are to relieve persons who are in conditions of need or hardship or who are aged or sick, and to relieve the distress caused thereby in Romania and in such other parts of the world as the trustees may from time to time think fit, and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected to the charitable work of the trust.
Government
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the charity. New Trustees are recruited and appointed by a majority of existing Trustees.
Review of activities
We continue to serve the community of Galati in Romania by financing our main partner charity WMF Galati. Vis de Copil, Arad, one of the charities we have supported for many years, is still in the process of being closed down. The Arad drop-in centre has been transferred to WMF Galati. The second building (village house) will be transferred in 2026. Both buildings will be sold to put funds into WMF Galati giving financial resilience for the future.
Andrew Bradley (Charity Chairman) visited Arad and Galati in 2025. In Arad the condition of the buildings was checked and some maintenance undertaken.
In Galati it was encouraging to see the continuing significant work with around forty vulnerable children and their families.
It was good to see the progress of the roof replacement we have financed following multiple leaks in 2025. Once roofs are replaced, a 10kW solar PV and battery system is going to be installed that we have also financed. This will insulate the charity from expensive electricity bills.
We run a charity shop (Faith, Hope & Charity) in the centre of Wolverhampton to raise funds for our ur partner in Romania, our shop provides funding for youth and schools work in the local area through Wolverhampton YFC. Our shop is staffed by six volunteers who operate the shop six days per week Monday to Saturday.
We raise funds expressly for Christmas meal vouchers, a way of providing a special meal for the children and families who attend the centres over the Christmas and New Year period.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
Receipts for the year were £31,584 (2024: £43,070). Payments in the year of £28,765 (2024: £27,171) were approximately £1,600 more than in the previous year. This resulted in a surplus for the year of £2,819 compared with a surplus of £15,899 in the previous year. The trust had unrestricted cash balances at the end of the year of approximately £28,000.
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Report of the trustees (Continued) For the year ended 31 March 2025
Reserves policy
The Board of Trustees have established a policy whereby free reserves held by the charity should be maintained at not less than £6,000.
Risk statement
The Trustees have reviewed the risks to which a small charity operating with no employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the Trustees on 30 January 2026 and signed on their behalf by:
Andrew Bradley Trustee
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To the Trustees of
RCF Romania Projects Charitable Trust
I report to the trustees on my examination of the accounts of PCF Romania Projects Charitable Trust (the charity) for the year ended 31 March 2025 on pages 5 to 8 following:
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Chari ties Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent exa
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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The accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable proper understanding of the accounts to be reached.
O Ross FCA Muras Baker Jones Limited Regent House Bath Avenue Wolverhampton WV1 4EG
30 January 2026
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PCF ROMANIA PROJECTS CHARITABLE TRUST
Receipts and payments account For the year ended 31 March 2025
| Note Receipts Voluntary receipts Donations and gifts received 2 Charity shop sales Payments Charitable activities 3a Total payments Net receipts/ (payments) Transfers between funds Fund balances at 31 March 2024 Fund balances at 31 March 2025 |
Unrestricted Funds Charity Restricted General shop funds £ £ £ 8,977 - 1,842 - 20,765 - __ _ 8,977 20,765 1,842 45 17,448 11,275 45 17,448 11,275 8,932 3,317 (9,433) (5,863) (4,200) 10,063 9,201 17,161 4,002 12,270 16,278 4,632 ___ |
Total funds 2025 £ 10,819 20,765 __ 31,584 _ 28,768 28,768 2,816 - 30,364 33,180 ___ |
Total Funds 2024 £ 18,175 24,895 __ 43,070 _ 27,171 27,171 15,899 - 14,465 30,364 ___ |
|---|---|---|---|
Movements on reserves and all recognised gain and losses are shown above.
The notes on pages 7 to 8 form part of these accounts.
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PCF ROMANIA PROJECTS CHARITABLE TRUST
Statement of assets and liabilities As at 31 March 2025
| Bank and cash balances Bank operating accounts Charity shop current account Charity shop petty cash PayPal account Other assets and liabilities Assets Gift aid tax recovery not yet received Other monetary assets Liabilities Accrued expenditure Unbilled fee for Independent Examination |
2025 £ 16,902 15,432 846 - __ 33,180 _ - 425 425 - 780 780 ___ |
2024 £ 12,994 16,083 1,077 210 ______ 30,364 |
|---|---|---|
| __ - 345 ____ 345 |
||
| __ - 780 _ 780 ___ |
The accounts were approved by the trustees on 30 January 2026 and signed on their behalf by:
ANDREW BRADLEY Trustee
The notes on pages 7 to 8 form part of these accounts.
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PCF ROMANIA PROJECTS CHARITABLE TRUST
Notes to the accounts For the year ended 31 March 2025
- 1 Accounting policies
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities.
- 2 Donations and gifts received
| General donations Tax refunds under Gift Aid 3a Charitable activities Charity shop rental Charity shop staffing Charity shop expenses Grants paid Administration Accounts preparation and examination 3b Grants and gifts Missionary support Relief of poverty |
Unrestricted funds Charity Restricted General shop funds £ £ £ 8,977 - 1,842 - - - __ _ 8,977 - 1,842 Unrestricted funds Charity Restricted General shop funds £ £ £ - 5,000 - - - - - 6,448 - - 6,000 11,275 45 - - - - - 45 17,448 11,275 Institutions Individuals £ £ - - 17,275 - 17,275 - ___ |
Total 2025 £ 10,819 - __ 10,819 _ Total 2025 £ 5,000 - 6,448 17,275 45 - 28,768 2025 £ - 17,275 17,275 ___ |
Total 2024 £ 18,175 - ______ 18,175 |
|---|---|---|---|
| __ Total 2024 £ 346 - 6,084 20,050 194 497 _ 27,171 ___ |
|||
| 2024 £ - 20,050 __ 20,050 ____ |
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PCF ROMANIA PROJECTS CHARITABLE TRUST
Notes to the accounts (continued) For the year ended 31 March 2025
- 4 Staff and trustees
Travel expenses of £1,872 (2024: £1,872) were reimbursed to A Bradley during the year.
Remuneration to a trustee or related party is permitted by the governing document. No other remuneration or payment was paid to any trustee during the year nor to any person connected to them.
- 5 Funds
| Opening Balance Receipts Payments Transfers £ £ £ £ Restricted funds: Fundatia Vis De Copil - 630 - - World Made Flesh - 1,212 (11,275) 10,063 Christmas meal vouchers 2,210 - - - Solarpanel 1,700 - - - Aquaponics 92 - - - __ _ Total restricted funds 4,002 1,842 (11,275) 10,063 Unrestricted funds: General fund 9,201 8,977 (45) (5,863) Charity shop 17,161 20,765 (17,448) (4,200) Total unrestricted funds 26,362 29,742 (17,493) (10,063) Total funds 30,364 31,584 (28,768) - ___ |
Closing balance £ 630 - 2,210 1,700 92 __ 4,632 ____ |
|---|---|
| 12,270 16,281 ______ 28,551 |
|
| __ 33,180 ____ |
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