OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Moldova and Beyond

2024-01-31-accounts

==> picture [181 x 94] intentionally omitted <==

Annual Report and Financial Statement

Year ended: 31[st] January 2024

Registered Charity no 1174960

Reference and administration information

==> picture [146 x 75] intentionally omitted <==

Trustees

Sally Willson (Chairman) Bob Pritchard Joanne Pearse Lynn Osbourne Mike Willson

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 2024

The trustees set out their annual report for January 2024. 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

==> picture [146 x 75] intentionally omitted <==

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 safeguarding 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-

==> picture [146 x 75] intentionally omitted <==

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 2023 to January 2024. The Love Moldova Foundation is focussed and specific to the above areas of need.

2023-2024 was a year of maintaining the current work. Raising awareness through conferences both in UK and Moldova. Aiming to broaden our supporter base and reach many more vulnerable girls and ladies through the Gospel pf Jesus Christ.

We continued to support those who were fleeing the conflict in the Ukraine supplying fuel to the most vulnerable in the northern villages.

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 where 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 17 ladies.

Provision

A complete refurbishment of the house took place over the summer.

All of the work was carried out with the aid of volunteers from the UK.

==> picture [146 x 75] intentionally omitted <==

Outcome

A beautiful space and lovely environment for the ladies to enjoy as they live out the last years of their lives.

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

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 course attracted boys and girls from across the region 24 completed the course and graduated in December 2022

We provided a start-up sum for the top three students to enable them to begin to establish their businesses in the local community,

LIMITLESS Women’s conference June 2023

Following on from the previous year’s success we hosted a conference for women across the UK. We invited speakers from Australia, London, Cambridge, Oxford and Camberley.

The Mayor of Camberley, Cllr Karbie Sang opened the conference which ran for Friday evening and all-day Saturday.

The following weekend we travelled to the capital city of Moldova to run the whole programme there too.

==> picture [146 x 75] intentionally omitted <==

Outcome

Collectively we reached over 200 women with the “Good News” of Jesus, lives were transformed as many became followers of Jesus or received healing emotionally and physically.

Cornesti Pastor

We provide a small salary for a lady who visits the old ladies in Casa Helen, twice a month. She prays with them and gives lots of encouragement. This very much improves their morale and brings them joy.

Food Packages

We provided food packages for those most vulnerable.

Outcome

Those families that were without income could have food over the months that were most severe. Providing staple supplies of pasta, oil, floor, jam, sugar, margarine and rice.

Our partners in Ungheni

We continue to support the work of this family who are living and working with the poor; the lost and the broken. They represent the heart of the Love Moldova foundation taking care of single mums, widows and the poorest of families with food parcels and lots of TLC.

Provision

We provide fuel/travel costs which enable them to connect with the neediest in the remote villages of Moldova and also to establish relationships with key influencers in the city for example, the British Ambassador and Miah Sandu the current president.

Outcomes

Much of the outreach work to the poorest communities has been enabled through supporting the very practical needs of this family who have put down roots in Moldova and dedicated their future to seeing transformation and hope abound.

The poorest people have been fed and cared for and have received much loving care as a result.

Lives have been influenced and impacted and leadership qualities developed across many groups.

Partners/donors

==> picture [146 x 75] intentionally omitted <==

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/ newsletters 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 Chairman of Trustees

==> picture [213 x 70] intentionally omitted <==

Dated 25[th] November 2024

==> picture [133 x 25] intentionally omitted <==

The Love Moldova Foundation 1174960 Receipts and payments accounts CC16a For the period 01/02/2023 To 31/01/2024 from

Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments
A1 Receipts Restricted
funds
to the nearest £
-
-
10,250
498
185
738
2,394
-
-
14,065
-
-
-
14,065
-
-
10,250
-
-
-
-
189
12,483
738
2,444
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total funds
to the nearest £
15,873
-
10,250
498
185
738
2,394
-
6,935
36,873
-
-
-
36,873
-
-
17,665
-
2,063
371
-
1,400
12,483
12,527
2,894
1,800
-		 Last year
to the nearest £
Unrestricted donations 15,873 25,034
Bible College Student - 2,406
Casa Helen Residential Home - 7,700
Cornesti Pastor - 25
Riscani Girl's Refuge - 180
Unghen Mission - -
Ungheni Missionaries - 725
Ukrainian Refugees - 88,200
Women's Conference 6,935 6,910
Sub total(Gross income for
AR)		 22,808 131,180
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
131,180
Cost of Charitable Activities
Balti Girl's Home - -
Bible College Student - 8,485
Casa Helen Residential Home 7,415 11,870
Cornesti Church Plant - -
Cornesti Pastor 2,063 2,250
Food Parcels 371 -
House Building - 464
Riscani Girl's Refuge 1,211 200
Ukrainian Refugees - 67,742
Ungheni Mission 11,789 684
Ungheni Missionaries 450 750
Ungheni Missionaries Travel 1,800 1,800
Ungheni Worker - -
Bank Charges (Donations) 7 0 - 8 198
Administration 107 - - 107 105
Publicity & Printing - - - - -
Fundraising 275 - - 275 258.13
Conference 10,876 - - 10,876 5,709.14
Cost of Governance
- - - - -
**Sub total ** 36,364 26,104 - 62,468 100,514
A4 Asset and investment
purchases, (see table)		 -
-
-
36,364
- 13,556
2,000
18,935
7,379		 -
-
-
26,104
- 12,039
- 2,000
20,790
6,751		 -
-
-
-
-
-
-
-
- -
- -
Sub total
Total payments
Net of receipts/(payments)
A5 Transfers between funds
Derestriction of gift
A6 Cash funds last year end
Cash funds this year end		 - - -
100,514
- 13,556 - 12,039 - - 25,595 30,666
2,000 - 2,000 - - -
18,935 20,790 - 39,725 9,059
7,379 6,751 - 14,130 39,725

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
B1 Cash funds
B4 Assets retained for the
charity’s own use
B2 Other monetary assets
B3 Investment assets		 Wise
Details
Bank Acccount
PayPal Account
SOLDO Account
Details
Stewardship
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
6,016
6,751
663
-
513
-
188
-
7,379
6,751
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
asset belongs
Cost (optional)
-
-
Fund to which
liability relates
Amount due
(optional)
-
Print Name
S Willson		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)
Date of
approval
S Willson

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustsesl m•mbors of The Love Mddova Foundation On accounts for th• year endod Charlty no Ilf any) 31 January 2024 1174960 Sot out on the attachad pages I report to the tru8te88 on my examination of the accourrts of Iho above charty (Ihe Trusf) for the year ended 3110112024. Rosponslbllttl•s and As the tharity trustees of th• Trust. you are respx)n8ible for the preparation basls of rnport of Ihe ac£ounts in accordance with the requirements of the Charities Aci 2011 (Ihe Acr). I report in respect of my examination of the Tm8t's aco)unts carrled under section 145 of the 2011 Act and in carrying out my examination, I have follow￿1 the applicablo Direclions given by tho Charity Commission under section 145(5)(bl of the Act. I have ￿Mpleted my examinats'on. I confirni that no material matters have com8 to my attention (other than that disdosed below ") in connection with the examination which gives me cause to beliewi that in, any material respect.. accounting records were not kepl in accordance with aectlon 130 of the Ad or the aLuunts do not accord with the accounting reoxds Independent examlnerfs Statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be re8ched. ' Please delete wonls in the brackets rflhey do not apply. Slgnad: ff Nam•: Stuart Casey FCA 11 November 2024 Relevant profmslonal quallficatSonls} or body (If any): Chartered Accountant Addms: Id Acre, Old Green Lane Camberley GU16 4LG IER October 2018

Section B Disclosure Only complete rfthe examiner needs to highligm matters of concem (see CC32, Independent examination of charity xc(￿nts. diredions and guidance for examiners). Gfve here brfef detslls ol any items thatthe examlnerwlshes to dl8clo80. IER October 2018