Belarusian Charitable Trust Limited
(Company Limited by Guarantee and not having a Share Capital).
Registered number: 2780180 (England and Wales)
52A Penn Road, London, N7 9RE. Tel: 020 7609 1319, e-mail: bct1998@btinternet.com
The list of BCT Trustees:
Mr. P. Shevtsov, Chair of the Council, Mr. S. Piatkevich, the Secretary/Treasurer Mr. V. Evdokimov, trustee, Mr. J. Jaswilowicz, trustee, Mr. M. Szwedziuk, trustee, Mr. A. Kasijiak, trustee Mr. I. Labacevich, trustee
Trustees Annual Report For 2021/2022 Financial Year
(Prepared in accordance with the Charity Commission guidance)
.
Activities and objectives : During 2021/2022 Financial Year the Trustees of the Belarusian Charitable Trust make an efforts to fulfil charitable objectives for the public benefits according to the requirements of section 4 of the Companies Act 2006 and Memorandum of the Trust by allocating donations and supporting not-for-profit projects in education and training, book publication, general support of people in need, including children animation in Belarusian language, online Belarusian music, F.Skaryna Library and Museum, humanitarian aid, and traditionally publication of Belarusian books, supporting young Belarusian writers and scientists as well as Belarusians in need.
Achievements and performance : BCT properties are the main source of income which generated £37,358.80. In accordance with the BCT medium term strategy for the expansion of the charitable activity the Trustees were very selective in choosing projects and fulfilment of the BCT objectives to the public benefit in the current FY and the Trust’s financial support was wider and larger in scale but at the same time accurate in execution of transactions. In 2021/2022 Financial Year, the following charitable support has been approved by the Trustees for the total amount of £33,216.70, including: £2,450 for children’s animation in Belarusian language, £1,000 as young writers and scientists award, £2,237.52 renovation of member of the Association memorial, £1,125.00
loan for university study, £7,650.00 as humanitarian aid, £8,533.59 spent for belarusian books publication, £4,041.84 allocated for medication and living expenses for the belarusians in need, £1,605.07 visit and living expenses to study in archive of F. Skaryna Library and Museum, £265.98 support for belarusian music online project, etc. In general, the total income (£43,487) in analysing financial year is higher as compared to the previous period due to increasing rent for the properties and, therefore, the funds allocated for support of the projects and donations (£33,216) also increased significantly. The Trust has no debt and no funds held in custody.
So, for the year ending 31 March 2022, the BCT was entitled for exemption from audit under section 477 of the Companies Act 2006 relating to small companies, and the Trustees have not required BCT to obtain audit in accordance with section 476 of the Companies Act 2006.
External Examiner Report for 2021/2022 FY: External examiner report has been prepared by Mr. D. J. Corr who is highly qualified professional, accountant by the University education and has a background experience as self-employed, currently employed by USA corporation in London and, therefore, familiar with all aspects of business accounting. Mr. D.J. Corr, as the external examiner confirmed that all receipts, bills and statements for the financial year ended 31.03.2022 are in order. The balance on April 2021 plus Receipts in, minus Payments out is matched with the one of April 2022 and amount of cash in hands. The data from the “Rathbone Investment Management” Tax Report for the period 06 April 2021 to 05 April 2022, including cash movement are correctly reflected with those in Micro-Entity Accounts which are going to be submitted to both the Companies House and the Charity Commission as well as properly reflected in the “Income/ Expenditure” account.
Investment and Property Development policy review : The analysing period got off a bumpy start over concerns central banks would start raising interest rates to tackle rising inflation. Global markets fell sharply due to COVID 19 but have since recovered some lost ground. The FTSE 100 recorded its worst decline since March 2020 on news of Russian invasion. At this early stage of the conflict it is difficult to predict tendencies ut it looks like that a recession it is not most likely outcome, and therefore nor is a deeper correction in equity markets. This provides some more volatility for BCT equities generally. Proceeding from the above, and in accordance with the BCT’s charitable objectives Trustees are in a position to keep healthy balance between investments with the “Rathbone Investment Management” and BCT properties with the purpose of effectively use funds for charitable purposes when requested for a medium risk tolerance portfolio with a medium time horizon which aim over time to achieve returns above the rate of inflation and should reflect majority of fluctuations in value of major equity markets.
The Report approved by the Trustees on 30/01/2023 Siarhei Piatkevich, BCT Secretary.
Registered Number 02780180 BELARUSIAP4 CHARITABLE TRUST LIMITED .Micro-entity Accounts 31 Trlarch 2022
BELARUSIAN CHARITABLE TRLTST LIMfrED Registered Number 02780180 Micro-entitv Balance Sheet as Ydt 31 March 2022 Nole. 2(J22 2(J21 Fixed Assets 974.85J 944.225 Current Assets 17.387 33.060 INet current assets (liabililies) 17,387 33,060 Total assets less current liabilities 992,?40 977,285 Total net assets {liabilities) 999 *40 9 17,285 Reserves 992,240 9 17.285 For the year ending 31 March ?022 the coinpany H'as entitled to exemption under section 477 of the Companies Act 7006 relating Io small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the rquirements of the Companies Act ?006 with respecl to accounting records and the preparation of accounts. The accounls haN'e been prepared in accoTdance with the Illicront1lY proYi5ions and delivered in accordancc with thc provisions applicablc to companics subjcct to thc small companics rcgimc. Approved by the Board on 29 January 2023 And signed on their behalf by: Mr. P. Shevtsov. Direetor Mr. S. Piatkevich, Director
BELARUSIAN CHARITABLE TRLTST LIMfrED Registered Number 02780180 Notes to the Micro-entitv Account5 for the period ended 31 March 2022 Employees 2022 2021 Averagc numbcr of employees during the pcriod This docum¢nt was d¢liver¢d using ¢leclronic communications and authenticaled in accordance with the r¢gistrar's rules r¢laling to ¢l¢ctronic forni. authentication and mann¢r ot delivery under s¢¢tion 1072 of the Companies Act 2006.
(HARtTY COMMISSION Independent examinerfs report on the FOR E10 AND WALIS accounts Section A Indepenilent Examinerfs Report Report to the IruStee51 member5 ol 8eWu5w Chantablè Trust Limited On ac¢ounts lorthE year 31 rk¢ember 2022 Ch•rity no 1057033 Srf pages l One page I retth lo the trLJ51eèson rny exaTrNnati oflte aLthnls of Iheab)¥e charty I'the Trust-l for the yeareThJed As the ¢h8rity's truees. you ¥e responytAe for the preparatn ofthe ounis In aw)¢daftTrkn the requirements of the Charrts Act 2011 rihe A¢fl. I rewrt in respectofffly exam1ftail ofihe Trust's 8cwunts ¢arned out nder settKin 145 of the 2011 Ad In carrying DUI my examination. I have folknwed all the appliCtse Diiethons given by ihe Chanty CoffltTrssw)n under sedK)n 145(5Xbl of the Act. RespOnsibile5 and basis of report Independent I have C(xnpted my exa[¥1. I confitrn that r40 material matters have txaminerf5 StatEwnent cfftto my ¥llenbon In conneuK>n wlh IheexamiDalion which gives me cause to bdEvethal In. any matena1 respect" theun records e not kept In ran 1$h 5e¢tion 130 ofthe Chafjbes Ad. or thexcOUntsd notac£ord ¥wlh theaccountiry rety)rds. or Ihe noi¢(ryty th Ir applitsye wuireffÈnts concemiry the torm and conlenl of cOUnt5 sel out in the Charities ¢Aunt$ and Reprrtsl Regu&1$ 2(M)8 olherlhan any requirempnl thaltreaccounts gwea'lrue and lair. vi1 whi¢h 15 not a tnatter as part ol an Independent exaTnlna0n I have noconcern5 and have come across no other matters in wnnecion th Ihe exarniDa toWhh attenbthi shoUj be drawn in this report in oriJerlO enlea rwKer undeT5tanding of the lo be reached ' Pl&asedete the bvordsin th&btsckeisrflheydo not apply. Si9ned.' Dath-. 25101r2023 Namé.. Mi D.J.C Rfrlevant prolessitinal qualificaOn[sI or body Irf any).. Add¥ess: Flat 348. Penn Ro N7 9RE IER Oct 2018