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2018-12-31-annual-report

Vision of Good Hope, Moldova

Trustees Annual Report and Financial Statements for the year ended 31st December 2018

Registered with the Charity Commission for Northern Ireland NIC104588

Vision of Good Hope, Moldova - NIC 104588

Page 1

Trustees Annual Report for the year ended 31 December 2018

The trustees present the annual report and financial statements for Vision of Good Hope for the year ended 31 December 2018

Charity Name Vison of Good Hope, Moldova Charity Reistration Number NIC 104588 Contact Address 19 Larne Road Ballymena BT42 3AX

Trustees Thomas Dick (Chairman) James Harbinson Alison Kelly Philip Veal Leslie Elder Principal Office - bearers Chairperson Thomas Dick Secretary Bethany Curran Treasurer Marion Kirkpatrick

Independent Examiner Mr John McMullan ACMA CGMA 5c High Street Ballymoney BT53 6AH Bankers Danske Bank Broadway Ballymena Ulster Bank Wellington Street Ballymena

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Vision of Good Hope, Moldova - NIC 104588

Objective and Activities

Our Principal aims remain the same Vision of Good Hope is a registered charity committed to rescuing and caring for some of Moldova's most impoverished children.

Within our orphanage we aim to meet the individual needs of every child placed within our care. We aim to make a lasting improvement to children's lives, caring for them restoring a sense of dignity and self worth to each individual child.

Our endeavour for every child entrusted to our care is to feel loved and for each of them to be given the opportunity to fulfil their full potential in life.

The VOGH sees its work as being successful when we see lives of those people that we are in contact in Moldova being transformed by meeting their psychical and educational needs.

Achievements and Performance

The work of the charity in Moldova is guided by a local director. The director reports to and is guided by the chairperson of the charity. A financial report is submitted by the local director on a monthly basis and it is scrutinised by the NI financial team.

The successes and achievements of the charity is not only measured by the amount of support we gain from the local community in NI, but by the achievement of the children in orphanage.

Some of the children in the orphanage have now reached an education level that they would not have normally achieved.

The retail outlets of the charity in NI provide affordable living to many of the financially vulnerable people in our own community. We are extremely greatful for the great continued support we received from donors and sponsors in NI.

Financial Review

The charity remains financially strong due to past and continued generous support. Expenditure remained pretty much similar to previous years and we are indebted to everyone who helps in any way.

At the year end the club held unrestricted funds of ££92593 ( £64695: 2017)

Structure, Governance and Management

Governing Document

The charity is administered in accordance with our Constitution enacted on 2004

Vlslon of Good Hope, Moldova - NIC 104588 Page 3 Recrultment and Appolntment of Trustees Organlsatlonal Strurture W8 meet 6 times a year as trustees but each trustee plays their part 88 volunte8ring In the life and work of the shop. We see this iask. not as work bul as a pleasure, and probably a responsibility we only see hope ané an opportunity. We see the need and we try lo meet that need but 8t 811 tim8S W8 do our besl Statement of Trustees. Responslbllliles The Charities Act l Northem Irelandl 2008 requires charity trustee5 to ensur8 that 8ccountsng cords are kept which are sufficient to show and explain all the charity's trans8Ction8. which disclose Wlth re8sonable accuracy the financial po51t￿n of the ch&rity and enable Ihern to p￿pare statement of accounts which complies with regulètlOll5 Ill the Act. Th8y are alsts spon5ible for safeguarding the assets of the ¢hanty and hence for taking reasonable Steps for the prevention and detection of fraud and other Irregularit￿$. In p￿pafftng those finanual statements. the trustee$ are required to.. seleci suitable accounting Oicies and then apply them consistently.. make iudgeTnents and e5tim8tes that are reasonable and prudent". state whether applicable accounting stan¢Yards and ytsiements tsf recommended pra¢tiTr have been followe. 5ubiecl to any departures dis¢lose(J and explained in the financial $taiement5." and prepare the financial statèments on the going concem basis unless it is in8ppropria¢e to presume thai the charity wll continue in operation81 existence. Approved by the charity trustees and sKJned on their behalf. Mr Thomas Dick Chairman