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2023-01-31-accounts

The Love Moldova Foundation

Annual Report for Year ended: 31[st] January 2023

Registered Charity no 1174960

Reference and administration information

Trustees

Sally Willson Acting Chair Bob Pritchard Joanne Pearse Lynn Osbourne

Patron

Major General Tim Cross (retired) MSC CBE

Founder

Sharon Blyth B.E.M Founder Administrator William Blyth Administrator

Charity number 1174960

National Location of principle office

9, Maultway Crescent Camberley Surrey GU15 1PN

Bankers

Lloyds Bank plc Uttoxeter (309890) Branch, PO box 1000, BX1 1LT

Report of the Trustees for year ending January 2023

The trustees set out their annual report for January 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

Structure, Governance and Management

Governing Document

The charity is controlled by its governing document. “The constitution of The Love Moldova Foundation. A Charitable Incorporated Organisation”

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Appointed safe guarding officer, Sally Willson

Statement of Trustees and Responsibilities

The trustees are responsible for preparing the Report of the

Trustees and the financial statements, in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Vision

The Love Moldova Foundation is seeking to eradicate poverty and relieve suffering of those most vulnerable in Moldova: the lost, the least and the broken

.

Mission

Through i mproving life experiences through loving support, education and practical help and bringing hope to the hopeless through the “Good News” of Jesus

Values

Love and Hope Integrity Compassion Leadership

Objectives

To advance the Christian Faith for the benefit of the public in Moldova in accordance with our statement of beliefs set out in Annex 1 of our constitution.

The prevention or relief of poverty in Moldova by providing: grants, items and services to individuals, charities or other organisations working to relieve poverty.

The protection of vulnerable people in Moldova by providing: grants, items and services to charities or other organisations working to prevent abuse and trafficking.

How will our aims be fulfilled? -

We are determined and passionate to work with partners in Moldova who are known to us and have credible reputations. Our founder who lived and worked along- side such partners for many years has been able to determine the core needs in certain communities and therefore our support has been focused and specific in key areas.

Our partners and their key areas of focus, fall within the objects of The Love Moldova Foundation which keeps us, the Trustees very much in line with our objects

Our specific targeted areas are-

Activities

The Love Moldova foundation launched officially in May 2018. Since launch The Love Moldova Foundation has developed in its mission to eradicate poverty for the most vulnerable.

This report covers our activities for the last 12 months from January 2022 to January 2023. The Love Moldova Foundation is focussed and specific to the above areas of need.

2022-2023 was a year of maintaining the current work whilst providing assistance where possible to those afflicted through the war in Ukraine. We were heavily involved in trying to alleviate the suffering of the refugees who streamed into Moldova from war torn areas of the Ukraine.

Ukrainian Refugees

Working in partnership with Feed The hungry, Love Moldova was able to send two articulated truck- loads of aid to Moldova. These lorries contained

These items were distributed via our partners who works alongside the main administration for towns and villages across Ungheni.

We were able to distribute aid to more than 2,000 refugees and host families immediately in need

We repeated this for a second time throughout the crisis

We also supplied food to 100 families who have children who suffer a disability.

Here is a direct quote from one of our partners trying to meet the needs of the Ukrainian/Moldovan people in Moldova…

‘You did it!!!!! Thank you so much to all who have made this happen!!!! We can't thank you enough for sending this lorry full of much needed items for our precious Ukrainian families and we totally appreciate and understand how much effort and prayer has gone into this fantastic project’ . Samantha Sandu, Ungheni

Flights and accommodation for Refugees

We provided flights for refugees to the UK, America and across Europe

Several trustees were responsible for the housing of Refugees in their homes.

100’s of families were helped to acquire visa’s and to travel to their chosen destinations by our partners in Moldova.

We also provided fuel and car repairs for those travelling by road.

Outcomes

The many vulnerable refugees were fed, clothed and rehomed into safety across Europe and the UK and two families have begun a new life in America.

Casa Helen : a home for abandoned and vulnerable elderly females.

This home was the vision of our founder who lived and worked in Moldova from 2007.

It became clear that many of the elderly population were in desperate need of love and care, companionship and warmth as they lived in isolation and poverty without any family members to assist them. We have 20 beds available for elderly ladies and currently provide a home for 16 ladies.

Provision in 2022

Outcome

We have confidence that Casa Helen is running efficiently and currently all the needs are being met and that fuel (coal and wood and gas) for the long winters is in sufficient supply

The Love Moldova Foundation is ever grateful to our donors and volunteers who enable transformation of lives and communities through their dedication and sacrifice.

Support of x 2 Bible Students to study in Bucharest and Denmark

Provision

Course fees for one year to study music and leadership in worship

Outcome

Gabriella Stempovschi has finished her years study in Bucharest and is now gaining experience in leadership before returning to Moldova. Here is a summary from Gabi about her years’ experience.

‘One year of Hillsong college has ended and I wanted to say that I am very grateful for the generosity of everyone at Love Moldova and that you chose to invest in me. It was a year full of experience. Worship isn't just music, it's what you do every day and how you treat the people around you. I learned certain techniques in music and what Hillsong culture means, as they say: "a house with several rooms", meaning in any country you go, the idea is to feel at home. I was deeply involved in the church and I continue to be involved, I have a heart for people and I will continue to help them’. Gabriella Stempovschi

Corina Emilian

Corina was the main carer/manager at the girl’s academy and felt that she wanted to stretch and develop more of her leadership skills, we look forward to an update from her later this year.

We sponsored Corina for 3x years study in a bible college in Denmark. Corina is in her first year and will complete her studies in 2024.

Girl’s Residential Business Academy

The Love Moldova Foundation is passionate about this facility from the start and have been able to contribute massively for some of the needs that presented.

The academy will provide further education for girls as they grow into young women, equipping them with business skills and helping them to establish small businesses in the community which will provide them with hope and a future. The girls are vulnerable to traffickers because of their social circumstances and some have already been rescued from prostitution.

Provision

The director of the academy has developed a core curriculum which covers all aspects of business studies.

The business course is for young people aged 18+ and was launched September 2021

The course attracted boys and girls from across the region and 24 students

graduated in December ’22

Love Moldova provided a start- up funds for the top three candidates so that they could establish businesses in their local community.

We also contribute to the regular running of this facility and send monthly regular, financial support.

Partners/donors

The Love Moldova Foundation is endeavouring to grow a loyal donor base on which we rely totally for our funding. We are extremely grateful to all who contribute.

One of our aims is to raise awareness of the needs in this small country of Moldova by speaking to churches, local Rotary Groups and others involved in the Not-forProfit arena. Unfortunately, much of the work around fundraising and awareness was halted this year, as with last year due to the pandemic. However, our supporters have been loyal and we have not suffered for lack of funds.

The Trustees are committed to sending bi-annual reports/ news letters to all of our donors and also to holding an annual event which brings partners/donors and friends together to receive a personal update from the Trustees and our Patron.

This is the formal Annual report of Trustees which will be submitted to the Charities Commission with a full overview of our annual financial accounts in full agreement with the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

Signed by Trustees

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S Willson J Pearse
L Osbourne R Pritchard
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Dated 20[th] Nov 2023

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The Love Moldova Foundation 1174960
Receipts and payments accounts CC16a
For the period
01/02/2022 To 31/01/2023
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Unrestricted donations 25,034 - - 25,034 15,881
Balti Girl's Home - - - - 63
Bible College Student 2,406 - 2,406
Casa Helen Residential Home - 7,700 - 7,700 7,344
Cornesti Pastor - 25 - 25 350
Food Parcels - - - 450
House Building - - - - 700
Riscani Girl's Refuge - 180 - 180 422
Ungheni Missionaries - 725 - 725 788
Ukrainian Refugees 88,200 88,200
Women's Conference 6,910 - - 6,910 -
Sub total (Gross income for AR) [ 34,350 ] 96,830 - 131,180 25,997
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 34,350 96,830 - 131,180 25,997
A3 Payments
Cost of Charitable Activities
Balti Girl's Home - - - - 63
Bible College Student 8,485 - - 8,485 1,850
Casa Helen Residential Home 3,870 8,001 - 11,870 13,712
Cornesti Church Plant - - - - 1,800
Cornesti Pastor 2,250 - - 2,250 2,350
Food Parcels - - - - 1,574
House Building 464 - - 464 1,562
Riscani Girl's Refuge - 200 - 200 2,250
Ukrainian Refugees - 67,742 67,742 -
Ungheni Mission 684 - 684 -
Ungheni Missionaries - 750 - 750 750
Ungheni Missionaries Travel 1,800 - 1,800 -
Ungheni Worker - - - - 1,550
Cost of generating Voluntary Receipts
Bank Charges (Donations) 5 193 - 198 30
Administration 105 - - 105 58
Publicity & Printing - - - - -
Fundraising 258 - - 258 -
Conference 4,243 1,466 - 5,709 -
Cost of Governance
- - - -
Sub total 22,163 78,351 - 100,514 27,549
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A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 22,163 78,351 - 100,514 27,549
Net of receipts/(payments) 12,187 18,478 - 30,666 - 1,552
A5 Transfers between funds - - -
A6 Cash funds last year end 6,748 2,311 - 9,059 10,611
Cash funds this year end 18,935 20,790 - 39,725 9,059
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Section B Statement of assets and liabilities at the end of the period

Categories
B5 Liabilities
Signed by one or two trustees on
behalf of all the trustees
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds		 Details
Details
Details
Details
Bank Acccount
PayPal Account
SOLDO Account
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Stewardship		 Unrestricted
funds
to nearest £
15,801
1,547
1,468
120
18,935
OK
Unrestricted
funds
to nearest £
-
-
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates		 Restricted
funds
to nearest £
20,790
-
-
20,790
OK
Restricted
funds
to nearest £
-
-
Cost (optional)
-
-
Cost (optional)
-
-
Amount due
(optional)		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)

-
Signature S Willson
Print Name		 Date of
approval
14/11/2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts SeLtion A IiidepeiidvrTrt Exiimiiivr s Reyurt R•port to th• truste￿1 mombers of The Love Moldova Foundation On accounts for th• y￿r ended Chartty no lrfanyl 31 January 2023 1174960 Set out on tho attached pages I report to the tru8t•es on my axarninalion of the accnunts of abov• charrty (Ihe Trusf) for the year ended 3110112023. Rospon8lbllltles and As the charity trustees of the Tnjst, you are responsible for the preparation ba81s of report of the accounts in accordance with the requirements of the Charities Acl 2011 (Ihe Act.). I report in respect of my axaminats'on of the Trust's ￿Unts carried out under sedion 145 of the 2011 Act and in carying out my examination. I have followed the applicable Dired'ons given by the Chanty Commission under secaion 145(5)(bl of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disdosed belu4V ') in connection with the examinats.on which gives me cause to believe that in, any materid spect.. accounting rec¥)fds tre not kept in acconlance with section 130 of the Act or the accounts do not accord with the accounting re(x)rd8 Independent examlner's ststement I have no ¢i￿¢emS and have corm xross no olher matters in connection wtth the examination to which attention should be drawn in order to enable a proper undefstanding of the xcounts to be reached. ' Please delete the words in the brnc*ets rfthey do not apply. SIgn￿. X3 Name: Stuart Casey FCA Relevant professlonal quallllcation(sl or body (If any): Chartered Accountant Addross: Wld Acte. Old Green Lan8 Camberfey GU15 4LG IER October 2018

Section B Disclosure Only complete rf the examiner needs to highlight matters of c£)n¢em (see CC32, Independent examination of charity accounts." diredions and guidance for examiners). Give hero brief details of any itsms that the examiner wishes to d1$clo￿. IER October 2018