Our Finance Accounts

We have spent over $8 million in direct grants on helping those in need in Romania, plus a huge amount of gifts in kind.

Our policy has always been to spend your financial donations quickly and not build up a large "reserve" of cash in the bank. We keep our administration costs very low.

Here is the summary of our most recent audited accounts (to March 2007) - which were submitted in Jan 2008

What you see above is how we don't hoard money but spend donations quickly.

You can see this in the figures above: Note how we had a £15,000 surplus last year. And how that meant we spent that £15,000 the next year (that's the ( £15,028) loss in March 07.

Mistake ?

No. That was deliberate.

Some people might see this as bad financial management. Well it might be for a commercial concern. But for a charity, we think it's the right thing to do.

This has been our policy for over 15 years now and - no doubt thanks to the grace of God - we're still going !

But it means we need your help and we need it now.

If you can make a quick, easy donation now to help those in need in Romania please click here

* For the purposes of this summary, income is defined as all donations and gifts, plus charity shop profit, plus the fund balance carried forward from the previous year.