Charlty registration number 1146781 (England and Wales) Company registration number 07997246 ORPHANS INTERNATIONAL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
ORPHANS INTERNATIONAL LEGAL AND ADMINISTRATIVE INFORMATION Trustees A J Stoner Y J Stoner J D Wdrner S H O'connor (Appointed 7 April 2024) Charlty number 1146781 Company number 07997246 Principal add$9 29 Palmeira Mansions Church Road Hove East Sussex BN3 2GN Reglstered office 29 Palmeira Mansions Church Road Hove East Sussex BN3 2GN Independent examlner Mr K J Hall FCCA 4th Floor. Park Gate 161-163 Preston Road Bnghton East Sussex BN1 6AF
ORPHANS INTERNATIONAL CONTENTS Page Trustees, report Statement of trustees, responsibilities Independent examinerfs report Statement of financial activities Statement of financial position Notes lo the accounts 9-16
ORPHANS INTERNATIONAL TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to accounts and ¢omply with the charity's Memorandum and Articles, the Companies Acl 2006 and -AcGounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019) Objectlves and activities The Charity's objects are for the public benefit and indude; the prevention or relief of poverty in particular (but without limitation} by providing financial assistance and other forms of support for orphans and impoverished families principally (but not exclusively) in Romania and the Democratic Republic of the Congo.. to aid the development of young adults in their post-orphanage years principally (but not exclusively) in Romania., the advancement of education in particular {but wthout limitation) by providing support lo the education programme principally {but not exclusively) in the Democratic Republic of the Congo- and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected to the charitsble work of the Charity as the Trustees may from time to time think fit. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Activities The charity's current work is located in Romania. In Romania the charity is working to help disadvantaged and orphaned children, HIVIAIDS victims as well as supporting poor families in Botosani city and its surrounding county in Northern Moldavia. Since 201r2, Orphans International has been particularly involved with the pnvately run Hand of Help Orphanage helping to raise ¢hildren in a loving environment and equipping them as much as possible for a self-sustaining adult life and career. A¢hlevements and perfonnance Significant activities and achievements against objectives Romania The charity's latest visit was in April 2024 with a team of 2 people from England. They visited al of our projects and were satisfied with their continued progress.
ORPHANS INTERNATIONAL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Oi is in its seventh year of taking on the Stepping Stones Apartment Project for 48 girls who were from the Slate Orphanage of Botosani. This flat is rented. Each of the young adults living in this flat have their expenses paid i.e. flat bills but they are asked to support themselves by finding a job locally and are given an allowance lo top their salaries up. They are monitored by a local pastor that Oi has worked Vth for many years. Food & A Future for chlldren lacking parental support Orphans International provides food and tutoring to disadvantaged children vtho are lacking parentd support and find il difficult to cope at school. Many children in Bolosani go to school without food and any parental support at home due lo Iheir families going abroad for work. so Iheir studies suffer making il difficult. if not impossible, for them to achieve educational excellence. The charity believes that with sufficient nutrition, molivalion, love and tLJtorial support, these children who struggle in school are able to achieve just as much as children raised wi a supportive family setting. Oi believe that with sufficient resources the percentage of children pursuing higher education would significantly grow. Oi has made it possible for a total of 50 children to participate on the programme supervised by three qualified social workers. From Monday to Friday they attend the facililies for lunch and recewe after-school support with homework and tutoring as well as supervised free time playing games. The improvements n these children's educational standards have been recognised from their school teachers and Heads of Schools. This food Programme conlinues all year round even during school holidays. Stepplng Stones: houslng & tutorlng young women Orphans International provides safe housing and lif&skills tutoring io young women after leaving the Hand of Help Orphanage. Oi's Stepping Stone Project provides a 2-year transitional home for young women who leave the Hand of Help orphanage at the age of 18 or 19 - a time when they are most vulnerable. In Oi'$ transitional home the young women receive training in independent living i.e. tutonng in areas such as budgeting, nutrition managemenl, sanitation, workplace-felated challenges, dealing with bureaucracy, etc. They also receive a monthly allowance from which they learn how to budget for food and household essentials keeping the apartment in good order, cleaning and doing their own washing, ironing, and cooking. The charity also helps to find them employment or access job training Courses. It is a small project but has nevertheless been providing safety for 40 vulnerable young women since its inception in 2006. In 2023124 we are still providing a safe home to four girls and they are doing really well. Of course this can never fill the gap left by a lack of parental support, but Oi can help make the transition successfully from institulionalisation to independence. With encouragement, guidance, love and moral support, they gel a chance lo build their lives. Currently 4 Girls are living in the Flat. Feedlng poor famllles In Botosanl county Orphans International assists struggling families with basic needs, which helps them cope dunng hard times. Many families struggle because they are caught in a depressing cycle of povety where the parents have no means to feed their children or themselves Poor families are usually very large with approximately 7 to 8 children living in squalor in tiny flats or houses without running water. toilels or electricity Feeding a family when you have no money is tough. This is why the Oi Food Parcel Project exists.. responding quickly to a struggling family's basic needs lo help them cope The food parcels are put together by the chanty's local partners and volunteers consisting of enough food to last a family an entire month. Supportlng young adults wlth HIVIAIDS Orphans international helps young adults who suffer from HIVIAIDS_ Under the regime of Ceausescu, many Romanian children, especially orphans, were infected with the HIVIAIDS virus through blood transfusDns and reused vaccination needles. The majority of them suffer discrimination in Iheir communities. exclusion in school and cannot find work due to the stigma of their illness Oi have been helping four young women with HIVIAIDS. Three ol the young women now have children. which are not infected by the virus. Oi support the young families with additional funds for their children etc.
ORPHANS INTERNATIONAL TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Democratic Republ1¢ of the Congo DRC In the DRC the charity had worked until end of summer 2017 in the Eastem Terntories, the Kivu rg3ion, where funds were donated to a War Orphans Education Programme enabling orphaned children aCsS to pnmary and secondary education they otherwise would not have. Due to the death of Rev. Samson Muvunyi on 15th July 2017 who was in charge of our Education Programme we have temporarily suspended this Project. The Democratic Republic of the Congo is also currently listed on HM Treasury's list of high risk Ihird countries which also restricts our involvement. During the year a gift of £1.500 was made by the Charty to the lale Samson Muvunyi's family as a gesture of goodwill in recognition of his past service and good work for the Charity. It is hoped that this gift will provide much needed support through a difficult time. Flnanclal review Income from donations and fundraising of £35,236 has been recognised in the accounts. Expenditure of £40.481 relating to charitable aclivities was expended leaving reserves of £45.238. The charity does not consider there is a need to retain a high amount of resetves. The annual charity ball continues to be the Charity's biggest source of income but. due to the economic climate at present, attendees are reluctant to contribute more to the activtties on the night. The Charity continues to find fund raising drfficult in the cuent economic Climate and is activdy looking for ways to improve income streams. To achieve this, new fundraisers are being sought with a view to be paid on a results basis. A J Stoner (Trustee) continues to hold the legal title to the apartment in Romania. included in Fixed assets, on behalf of the Charity. The trustees have assessed the major risks to whith the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Structure, govemance and management The charity is a charittable company limited by guarantee which was incorporated on 20th March 2012 and registered as a charity with the Charities Commission {England & Wales no.1146781) on 4th April 2012. The Charity is govemed in accordance with its memorandum and articles of association. The trustees, who are also the directors for the purpose of company law. and who served during the year and up to the date of signature of the financial statements were= A J Stoner Y J Stoner J D Wafner A D Stewart-clark S H O'connor (Resigned 7 April 2024) (Appointed 7 April 2024) Recmitment and appointment of Injstees The trustees have been recruited by a selection process vthereby an individual has expressed an interest in supporting the organisation, and also possesses knowled9e and skills pertinent to the good management of the organisation. The board will ensure that when appointing Trustees that it takes into account (where considered praclicablel the need to contribute to the skills mix and balan of the board as a whole. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
ORPHANS INTERNATIONAL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 This report is prepared in accordance with the small company regime (Section 419 {2)) of the Companies Act 2006. The trustees, report was approved by the Board of Trustees. J D Warner Trustee Date..
ORPHANS INTERNATIONAL STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors of Orphans Intemational for the purpose of company law, are responsible for preparing the Truslees, Report and the financial statements in accordance with applicable law aTrJ United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure. of the charitsble company for that year. In preparing these financial stalements, the trustees are required to: select suitable accounting policies and then apply them ¢onsistently-. observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subjed to any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The truslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies.
ORPHANS INTERNATIONAL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ORPHANS INTERNATIONAL I report to the trustees on my examination of the financial statements of Orphans International (the charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the trustees of the charity land also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the CompaniesAcl 2006 Having satisfied myself that the financial statements of the charity are nol required to be audit&J under Part 16 of the Companies Acl 2006 and are eligible for independent examination. I report in respecl of my examination of the charity's financial statements carried out under section 145 of the Chanties Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{51{b) of the CharitiesAct 2011, Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any matenal respect". accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those COrds. or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is nci a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their financial statements in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 a proper understanding of the financial statements to be reached. Mr K J Hall FCCA 4th Floor, Park Gate 161-163 Preston Road Brighton East Sussex BN16AF
ORPHANS INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restrlcted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies Other trading activitie5 Investments 10,439 24.743 10.439 24,743 36,446 33,287 42 36,446 33,287 42 Total income 35,236 35.236 69,775 69,775 Expenditure on: Raising funds Charitable activities 11.872 27.914 11.872 28.609 13.187 53,874 13,187 54,569 695 695 Total expendlture 39.786 695 40,481 67.061 695 67,756 Net Incomel(expenditurel and movement In funds (4,550) (695) (5.245) 2.714 (695) 2.019 Reconciliation of funds". Fund balances at 1 April 2023 40.768 9.715 50.483 38.054 10,410 48,464 Fund balances at 31 March 2024 36.218 9.020 45,238 40,768 9,715 50,483 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from Continuing activities.
ORPHANS INTERNATIONAL STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 11 9.020 9,715 Current assets Debtors Cash at bank and in hand 12 33.005 3.703 40.402 366 36.708 40,768 Creditors: amounts falling due wlthln one year 13 {490) Net Current assets 36,218 40.768 Total assets18ss current Ilabllities 45,238 50.483 The funds of the charity Restricted income funds Unrestricted funds 14 15 9,020 36,218 9,715 40,768 45.238 50,483 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibiltlies for complying vrith the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements wer approved by the twstees on ...... L4 J D Wamer Trustee Company registration number 07997246 (England and Vlales)
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Informatlon Orphans International is a private company limited by guarantee incorporated in England and Wales. The registered office is 29 Palmeira Mansions, Church Road, Hove, East Sussex. 8N3 2GN. 1.1 Accountlng conventlon The accounts have been prepared in accordance with the charity's Memorandum and Articles, the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" ieffeclive 1 January 2019) The charity is a Public Benefil Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Upda1£ 8ullelin 1 not to prepare a Statement of Cash Flows. The financial statemenls are prepared in slerling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearesl £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern Al the time of approving the financial statements, Ihe trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial stalemenls. 1.3 Charltable funds Unrestricled funds are available for use at the discretion of Ihe trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are 5ubje¢t to specific conditions by donors as lo how they may be used. The purposes and uses of th8 restricted funds are sel out in the notes to the accounts. 1.4 Income Incoming resources are recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty Income is deferred only when the charity has to fulfil ¢onditions before becoming enlilled to il or where Ihe donor or funder has speafied that the income is to be expanded in a future accounting period. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 1.5 Expendlture Resources expended are in¢luded in the Statement of Financial Activities on an accruals basis inclusive of any VAT which cannot be reclaimed. The costs of raising funds comprises the costs associated with generating voluntary income. It includes costs that can be allocated directly to such activities. The charilable activities comprise expenditure of the charity's primary purposes as detailed in the Trustees, Report. It includes both costs that can be allocated directly to such activities and Ihose indirect costs necessary to support them (support costs including govemance costs).
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnued) 1.6 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. net of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings Buildings 4Qh straight line l Land not depreciated The gain or loss arising on the disposal of an asset is detemined as the difference beeen the sale Proceeds anrl the carying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrment of flxed assets Al each reporting end dale, Ihe charity reviews the carying amounts of its tangible assets to determine whether there is any indication Ihat those assets have suffered an impairment loss. If any such IndatIOn exisls. the recoverable amount of the asset is estimated in order to detem)ine the extent of the impairment Ios5 (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the Charity becomes party to Ihe contractual provisions of the instrument. Financial assets and liabilities are offset, wth the net amounts presented in the financial statements. when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or to realise the assel and settle the liability simullaneously. Baslc financlal assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried al amortised cosl using the effective interest method unless the arrangemenl constitutes a financing Iransaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of inlerest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt Instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate melhod. Trade creditors are obligations lo pay for goods or services thal have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditofs are recognised initially al transaction price and subsequently measured at amortised cost using the effective interest method. 10-
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Contlnuedl Derecognitlon of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Income from donatlons and lègacles Unrestrlcted funds 2024 Unrestricted funds 2023 Donations and gifts 10,439 36,446 Income from other tradlng actlvltles Unrestrlcted Unrestrlcted funds funds 2024 2023 Fundraising events 24,743 33,287 Income from Investments Unrestrlcted Unrostrlcted funds funds 2024 2023 Interest receivable 54 42 Expendllure on ralslng funds Unrestricted Unrestrlcted funds funds 2024 2023 Fundralslng Staging fundraising events Support costs 11,662 210 12.825 362 11,872 13,187 11
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on ralslng funds (Contlnuedl Costs of generating voluntary income include costs associated with funding applications, fundraisin9 events and websile. Expendlture on charltable actlvltles Romanla Project 2024 DRC Glft Total Romania Project 2023 2024 2024 Dlrect Costs Depreciation and impaiment Aclivities undertaken 695 26.380 695 27,914 695 53.874 1,534 27.075 1,534 28,609 54,569 Analy$ls by fund Unrestricted funds Restricted funds 26,380 695 1.534 27,914 695 53,874 695 27,075 1.534 28,609 54,569 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl{creditingl'. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 695 695 Trustees None of the trustees (or any persons connected them) received any remuneration. expenses or benefits from the charity during the year. Employees There are no employees during the year. 2024 Number 2023 Number Total There were no employees whose annual remuneration YS more than £60.000. 10 Taxatlon The Gharity is exempt from taxation on its activities because all its income is applied for charitable purposes. 12
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Tanglble flxed assets Land and buildings Cost At 1 April 2023 17,360 At 31 March 2024 17,360 Depreclatlon and Impalmient Al 1 April 2023 Depreciation Charged in the year 7.645 695 At 31 March 2024 8.340 Carrylng amount At 31 March 2024 9,020 At 31 March 2023 9,715 The Trustee A Stoner holds legal title to the apartmenl in Romania recognised above. 12 Debtors 2024 2023 Amounts falllng due wlthln ono year: Other debtors 33.005 40.402 13 Credltors: amounts falllng due wlthln one year 2024 2023 Other creditors 490 14 Restrfcted funds The restncted funds of the charity compnse the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Resources At 31 March expended 2024 9,715 (695) 9,020 13-
ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Restrlcted funds (Continued) Prevlous year: At 1 April 2022 Resources At 31 March expended 2023 10,410 {6951 9,715 15 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2023 Incoming resources Resources At 31 Mah expended 2024 Designated funds General funds 31,400 9,368 31,400 4.818 35.236 {39.7861 40.768 35,236 (39.786) 36,218 Prevlous year: At 1 April 2022 Incoming resources Resources At 31 March expended 2023 General funds 38.054 69.775 (67,061) 40,768 16 Unrestrlcted funds Unrestricted Funds includes an amount totalling £25.000 designated for the purchase of a further propety in Romania and £6,400 for charitable activities in Ukraine. 14-
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ORPHANS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Rèlated party transactlons There were no disclosable related party transactions during the year12023 - none). 16-