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← Oxford For Romania

2024-03-31-accounts

Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod
From Period start date To Period end date
01 04 2023 31 03 2024
Section A Reference and administration details
Charity name Oxford for Romania
Other names charity is known by -

Charity name Oxford for Romania Other names charity is known by - Registered charity number (if any) 1173125 Charity's principal address 7 Meadow Lane Oxford Postcode OX4 1TL

Names of the charity trustees who manage the charity

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9		 Trustee name Office (if any) Dates acted if not for
wholeyear		 Name of person (or body) entitled
to appoint trustee(if any)
Alma Iatan Chair of the Board Board of Trustees
Ciprian Plostinar Board of Trustees
Cristian Soitu Board of Trustees

Name of chief executive or names of senior staff members (Optional information)

Currently, Oxford for Romania does not employ any staff and relies exclusively on volunteers.

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted (eg. trust, association, company)

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Oxford for Romania – Trustees’ Annual Report

Apart from the first charity trustees, every trustee is appointed for a term of three Trustee selection methods years by a resolution passed at a properly convened meeting of the charity (eg. appointed by, elected by) trustees.

In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of Oxford for Romania.

New trustees have been appointed following vote of Board of Trustees based on evaluating the candidate’s skills, knowledge and experience, as well as a written application form which was discussed by the board.

Additional governance issues (Optional information)

Youmay chooseto include
additional information, where
relevant, about:
●policies and procedures
adopted for the induction and
training of trustees;
●the charity’s organisational
structure and any wider network
with which the charity works;
●relationship with any related
parties;
●trustees’ consideration of
major risks and the system and
procedures to manage them.		 Policies and procedures adopted for the induction and training of
trustees:
New trustees are invited to several meetings where the vision and the
strategy for Oxford for Romania is extensively discussed, as well as the
common practices and ways of working. In addition, upon joining the
board of trustees, they are given the following documents:
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Oxford for Romania Governing Document.
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Oxford for Romania Annual Reports from previous years.
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Oxford for Romania Volunteers Code of Conduct.
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Charity Trustee Welcome Pack - a practical document to help you
get started in your new role (from The Charity Commission).
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The Trustee Guide - a more generic document on the roles and
duties of a charity trustee (from The Charity Commission).
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The Hallmarks of an Effective Charity - set of guidelines to help
trustees improve the effectiveness of a charity (from The Charity
Commission).
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Safeguarding Duties for Charity Trustees - a set of guidelines on
safeguarding.
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The Charities Act 2011.
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The Charitable Incorporated Organisations General Regulations.
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The Charitable Incorporated Organisations Dissolution
Regulations.
Oxford for Romania organisational structure:
Currently, Oxford for Romania has the following structure:
Boards:
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Board of Trustees
Core Teams:
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Admissions
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Communications & PR
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Fundraising
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Logistics and Operations

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Oxford for Romania – Trustees’ Annual Report

Section C Objectives and activities

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Oxford for Romania – Trustees’ Annual Report

For the public benefit to advance the education of young Romanians with academic potential coming from less privileged backgrounds in particular, but not exclusively by: Summary of the objects of the 1. Organising a periodic summer school in Oxford and awarding charity set out in its scholarships to cover participation costs. governing document 2. Developing and providing specialist mentoring schemes. 3. Establishing long-term local and international networks within the Romanian community to provide further support and develop access to education. Oxford for Romania aims to provide access to life-changing opportunities to young people through transformational learning experiences and mentorship. With the help of the academic and professional community in Oxford and the rest of the UK, and with support from partners, friends, and people who believe in our vision, we have launched a yearly summer school in Oxford, offering an inspiring educational experience for high school students from Romania with great academic potential, but limited financial means. We empower young people through high-quality teaching on a variety of topics, meetings with professionals and academics, career Summary of the main advice and long-term mentorship. activities undertaken for the public benefit in relation to So far, Oxford for Romania has organised five editions of the summer these objects (include within school (2016, 2017, 2018, 2019 and 2022), bringing each time 24 this section the statutory students to Oxford. A unique programme of lectures, workshops, declaration that trustees have seminars and tutorials was developed, offering an excellent balance had regard to the guidance between STEM, arts and humanities topics and community involvement issued by the Charity as well as personal development. This was then continued with ongoing Commission on public nourishing and building of the alumni network. benefit) In 2020 and 2021, given that travel and gatherings were severely restricted due to the Covid-19 pandemic lockdowns, we had to take the difficult decision to cancel the summer school and focus on delivering an online programme as well as on designing an improved Oxford for Romania curriculum. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit: The trustees confirm that they are aware of the guidance issued by the Charity Commission on public benefit.

Additional details of objectives and activities

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Oxford for Romania – Trustees’ Annual Report

Policy on grant making: Oxford for Romania, may choose as the trustees see fit, to make small grants available to student-led community projects that are aligned with the charity main objectives and activities. You may choose to include Policy programme related investment: further statements, where relevant, about: Oxford for Romania does not currently make Programme Related Investments. ● policy on grant making; ● policy programme Contribution made by volunteers: related investment; ● contribution made by The charity is 100% volunteer run, with individuals leading admissions, event logistics, communication, programme creation, teaching during the volunteers. summer school, alumni coordination and mentorship as well as fundraising.

Section D Achievements and performance

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Oxford for Romania – Trustees’ Annual Report

Summary of the main achievements of the charity during the year

Through its unique summer school, the charity aims to transform the mindset and life opportunities of young people in Romania with strong academic potential who come from less privileged backgrounds.

Today, we are a community of five alumni cohorts, supported by over 40 volunteers, who are confidently building a future for themselves and contributing to their communities.

In 2023/2024, our focus has been on maintaining connections with the wider alumni network, the volunteer team, and key partners while navigating a challenging period. This has been triggered by a number of changes, including a smaller team, fewer resources, and ongoing uncertainties following Brexit. As a result, our flagship summer school programme was not held, and neither smaller in-person events nor online programmes took place during this period.

Nevertheless, the extended Oxford for Romania network continued to support the existing alumni community through mentorship and informal engagement. In addition, small alumni meetings were organised by members of the alumni community.

Achievements against objectives set:

Despite the cancellation of the summer school, we maintained our core team and continued to stay closely connected with our volunteers. At the same time, we worked on further developing the Oxford for Romania curriculum while keeping regular contact with our alumni community.

Performance of fundraising activities against objectives set

During the reporting period, £491 was raised through online fundraising. This is significantly below our usual annual target and reflects the organisational changes currently underway, as well as the absence of major fundraising events during the period. Investment performance against objectives Oxford for Romania does not hold any investments.

Section E Financial review

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Oxford for Romania – Trustees’ Annual Report

Brief statement of the charity’s policy on reserves

All cash reserves remaining at the end of the 2023/2024 financial period will be carried forward to support the 2024/2025 edition, as has been the case in previous years.

Details of any funds materially N/A in deficit

Further financial review details (Optional information)

You may choose to include Review of the charity’s financial position at the end of the period: additional information, where relevant about: At the end of the reporting period, the charity held cash funds totalling ● the charity’s principal £10,220. This amount consists of the cash reserves carried forward from sources of funds (including any the 2022/2023 financial year (£9,729) and the net income generated fundraising); during this reporting period (£491). ● how expenditure has supported the key objectives of The charity’s principal sources of funds (including any fundraising): the charity; ● investment policy and The charity’s principal sources of funding typically include strategic partners in the UK and Romania, grant-making foundations, and objectives including any ethical crowdfunding donations. investment policy adopted. Amount of reserves held: As of 31 March 2024, the charity held total reserves of £10,220. How expenditure has supported the key objectives of the charity: The charity’s expenditure is directed towards achieving the key objectives outlined in its governing document. In light of the ongoing organisational changes, no significant expenses were incurred during the current financial year. Investment policy and objectives including any social investment policy adopted: Oxford for Romania does not hold any investments.

Section F Other optional information

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Oxford for Romania – Trustees’ Annual Report

Corporate trustees:

N/A

Name of trustees holding title to property belonging to the charity:

N/A

Funds held as custodian trustees on behalf of others:

N/A

Exemptions from disclosure:

N/A

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Ciprian Plostinar

Position (eg Secretary, Chair, etc) Trustee

Date 03/03/2026

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Oxford for Romania – Trustees’ Annual Report

Charity Name No (if any) Oxford for Romania 1173125 Receipts and payments accounts CC16a

For the period Period start date Period end date To from 1-4-2023 31-3-2024

Section A Receipts and payments

Unrestricted

Restricted

Endowment

Total funds Last year

A1 Receipts funds
to the nearest		 funds
to the nearest		 funds
to the nearest £		 funds
to the nearest £		 funds
to the nearest £		 funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
Strategic Partners - - - - -
Fundraising 491 - - 491 -
Grants - - - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
~~Sub total~~~~(Gross income for~~ 491 - - 491 -
~~A2 Asset and investment sales,~~
-
- -
~~Sub total~~ - -
Total receipts
A3 Payments
-

Accommodation		 - -
Transport - -
Food - -
Materials - -
Insurance - -
Alumni Reunion - -
Bank Fees - -
-
**Sub total ** -
- -
A4 Asset and investment
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
491 -
- -
9,729 -
10,220 -

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds		 Bank statement balance
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
to nearest £
10,220
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-
10,220
OK		 Restricted
to nearest £
-
-
-
-
OK		 Endowment
to nearest £
-
-
-
-
OK

CCXX R1 accounts (SS)

2026-03-03

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Signed by one or two trustees on
B4 Assets retained for the
charity’s own use
B5 Liabilities
B2 Other monetary assets
B3 Investment assets		 Signature
Details
Details
Details
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
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Fund to which
Amount due
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Ciprian Plostinar
Print Name		 Endowment
funds
to nearest £
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Current value
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Current value
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When due
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Date of
Ciprian Plostinar 03-03-2026

CCXX R2 accounts (SS)

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2026-03-03