Our financial year runs from 1st April and you can access our latest 2022/2023 Report & Accounts here.
The trustees ensure that the charity maintains sound risk management systems and that appropriate actions are taken to mitigate any risks. The Board regularly monitors and reviews such arrangements and policies in place, including those on Anti-Money Laundering and Anti-Fraud & Corruption.
Our Report and Accounts outline the transformative work of each of our partner projects in Belarus, Moldova, and Ukraine and illustrates by way of a recent case study. As well as the direct beneficiaries, ChildAid’s partners influence and support a large number of indirect beneficiaries and these grow in number month on month as our ministry expands in action and reputation
Our mission and ministry to serve God’s people in Eastern Europe seems as urgent now as it did when the charity started 50 years ago. The extent of hardship and vulnerability appears deeper and it is through the light that we can shine we believe we can and will make a difference in rebuilding lives and communities.
It is far less straightforward to plan and prepare for the immediate future given the fluid situation of the war in Ukraine. An advantage of ChildAid is that we are small enough to be able to adapt very quickly to changing needs, whilst having the resources and connections to make a substantial impact. When the fighting stops, we will begin to support in the repair and rebuilding of damaged homes and the care of traumatised children. We will utilise our reserves cautiously to enable us to meet a wide range of needs.
Away from the conflict we will continue with the support of all partners financially and emotionally, and where it is possible to do so we will again endeavour to develop activities.
ChildAid does not – and does not intend to – maintain long-term investments to generate funds for future work. Funds are held for short- and medium-term spending only. For that reason, such funds are held by mainstream British financial institutions allowing reasonable access to meet short- and medium-term aid commitments consonant with maximising interest.
If you would like copies of past year’s R&A then do please contact the office.