Trustees’ Annual Report for the period
From 31/03/2023 To 30/03/2024
Charity name: Credinta Tare
Charity registration number: 1190697
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To raise awareness and understanding of Christian beliefs and practices by providing camps and international missionary outreach including teaching and devotional acts of Christianity, in fulfilling this purpose the CIO will at times act to relieve poverty through the provision of items such as clothing, items for improvement of quality of life and provision of resources and funds for educational benefit of children and young people throughout the world. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
We provided multiple outreaches, and activities in Romanian to raise the awareness of Christian Practices, and provided essential goods and gifts in alignment with the Christian faith to disadvantaged beneficiaries in Romania and Albania. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance issue by the Charity Commission on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity was able to provide essentials (winter shoes) to child beneficiaries in hardship in Romania, provide a small grant to a charity in Albania that is acting in a similar manner to Credinta Tare in relieving poverty of Children within that country. And the charity ran outreach programs in Hunedoara Romania, providing essentials, (food) to children in need and sharing the beliefs of Christians, further raising the understanding of Christianity and strengthening relationships with the community. This work helps to develop stronger relations between the Local charity partners and the community in Romania as well, which has further improved the standing of the local partners allowing them to support beneficiaries more efficiently. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | ||
| Performance of fundraising activities against objectives set |
Para 1.41 | ||
| Investment performance against objectives |
Para 1.41 | ||
Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | £440 held as unrestricted funds at the end of the financial year represents an acceptable position to enable activities in the following year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | At the time of report, no provision was made for holding reserves, unrestricted cash at the end of this financial year has already been allocated to next years activities |
| Amount of reserves held | Para 1.22 | None held |
| Reasons for holding zero reserves |
Para 1.22 | Activities within the Charity are currently run in such a manner so as to have funds needed in advance of committing to new activites |
| Details of fund materially in deficit |
Para 1.24 | The Charity is not in deficit, however, expenditure was higher than Income in this financial year, mostly due to the timing of activities, versus donation not fitting the pattern of the financial year |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations are the principle source of income, the charity has not engaged in any loans or guarantees in this financial year. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other | ||
Structure, Governance and Management
| Description of charity’s trusts: |
Constitution for CIO whose only voting members are its trustees |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed [for a term of [three] years] by a resolution passed at a properly convened meeting of the charity 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 the CIO. |
| Additional information (optional) You may choose to include further statements where relevant about: |
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| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Credinta Tare |
|---|---|
| Other name the charity uses | |
Registered charity number |
1190697 |
| Charity’s principal address | 3 Hilltop Avenue Buckinghame MK18 1TY United Kingdom |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year Nam e of pers on (or bod y) entit led to app oint trust ee (if any) |
|---|---|---|---|
| Russell Bennett | Chair | ||
| Rozalia Bennett | |||
| Daniela Barbu | |||
| Andrei Pacurar | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|---|
| Type of adviser Name Address |
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| Name of chief executive or names of senior staff members (Optional information) | |||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Russell Bennett Position (eg Secretary, Chair Chair, etc) Date 18/01/2024
| Charity Name Credinta Tare |
Charity Name Credinta Tare |
Charity Name Credinta Tare |
Charity Name Credinta Tare |
Charity Name Credinta Tare |
No (if any) 1190697 |
No (if any) 1190697 |
No (if any) 1190697 |
CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 31/03/2023 |
To | Period end date 30/03/2024 |
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| Section A Receipts and payments | |||||||||
| Unrestricted funds to the nearest £ A1 Receipts |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
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| Donations | - 1,347- |
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- 1,347- |
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| Sub total(Gross income for AR) - 1,347- A2 Asset and investment sales, (see table). |
- 1,347- |
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- 1,347- |
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| A2 Asset and investment sales, (see table). |
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| Sub total- -- Total receipts - 1,347- A3 Payments |
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| - 1,347- |
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- 1,347- |
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| Romania April Outreach | - 1,443- |
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- 1,443- |
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| Albania Activity | - 210- |
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- 210- |
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| Thirtyoneeight Membership | - 145- |
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- 145- |
- -- |
CCXX R1 accounts (SS)
1/18/2025
1
| Romania Christmas Shoe Activity | - 200- |
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- 200- |
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| Website | - 46- |
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- 46- |
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| Sub total - 2,044- A4 Asset and investment purchases, (see table) |
- 2,044- |
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- 2,044- |
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| A4 Asset and investment purchases, (see table) |
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| Sub total - -- Total payments - 2,044- Net of receipts/(payments) - 697- A5 Transfers between funds - -- A6 Cash funds last year end - 1,137- Cash funds this year end - 440- |
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| - 2,044- |
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- 2,044- |
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| - 697- |
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- 697- |
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| - 1,137- |
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- 1,137- |
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| - 440- |
- -- |
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- 440- |
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| Section B Statement of assets and liabilities at the end of the period | |||||||||
| Categories B1 Cash funds |
Details Bank Account |
Unrestricted funds to nearest £ - 440- - -- - -- |
Restricted funds to nearest £ - -- - -- - -- |
Endowment funds to nearest £ |
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| Bank Account | - 440- |
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| Total cash funds | - 440- |
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| (agree balances with receipts and payments account (s)) |
OK | OK | OK |
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted funds | Restricted funds | Endowment | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | |||||||||||||
| to nearest £ | to nearest £ | to nearest £ | ||||||||||||||
| B1 | Cash | funds | Bank Account | - | 440- | - | -- | - | -- | |||||||
| - | -- | - | -- | - | -- | |||||||||||
| - | -- | - | -- | - | -- | |||||||||||
| Total cash funds | - | 440- | - | -- | - | -- | ||||||||||
| (agree balances with receipts and payments account (s)) |
OK | OK | OK |
CCXX R2 accounts (SS)
1/18/2025
2
| B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use |
Details | Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
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| Current value (optional) |
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CCXX R3 accounts (SS)
1/18/2025
3
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| Fund to which | Amount due | When due | ||||||||
| Details | liability relates | (optional) | (optional) | |||||||
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| Signature | Name | Date of approval | ||||||||
| Russell Bennett | 18/01/2025 | |||||||||
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
CCXX R4 accounts (SS)
1/18/2025
4