THE PIOTR MACIEJ & HENRYKA MARIA KOZLOWSKI CHARITABLE TRUST
158 The Broadway, London W13 0TL
Charity number 1118038
TRUSTEES’ REPORT
FOR THE PERIOD 01.04.2023 – 31.03.2024
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THE PIOTR MACIEJ & HENRYKA MARIA KOZLOWSKI CHARITABLE TRUST 158 The Broadway, London W13 0TL
TRUSTEES’ REPORT
The Trustees’ Annual Report for the purpose of Chapter 4, Section 162 of the Charities Act 2011.
CONSTITUTION OF THE CHARITY
The Charity was founded on 20 February 2007 and is governed by its Declaration of Trust. The Charity Registration No. is 1118038.
The Trustees act as a Council of Management. The Chairperson is Dr M Konieczko. The current Trustees are: Dr Michael Konieczko, Mr Jerzy Kozlowski, Ms Roma Paluch.
The principal offices and registered address of the Charity is: 158 The Broadway, London W13 0TL.
Bankers:
Barclays Bank Plc Branch: Ealing Leicestershire, LE87 2BB Leicester
Independent Examiner: Frances Braidford FCCA Dauman & Co Ltd Chartered Accountants & Registered Auditors 9 Station Parade Uxbridge Road London W5 3LD
THE OBJECTIVES OF THE CHARITY ARE:
To promote the advancement of the education of Polish post-graduate students through research in the United Kingdom in the field of land surveying.
STATEMENT OF THE TRUSTEES’ RESPONSIBILITIES:
The Trustees have a duty to consider all student applications for grants; to assess their merit in accordance with the objectives of the Trust; to select suitable candidates; to agree grants to be offered and fund them in accordance with the Trust’s agreed procedures; to liaise with the students on a regular basis and monitor their progress.
The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the results of the charity for that year. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently; 2. make judgements and estimates that are reasonable and prudent;
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- prepare the financial statements on the on-going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
REVIEW OF ACTIVITES AND POLICY
The Trustees held two meetings in the reporting year on 15[th] May 2023 and 28[th] November 2023. Having found during Covid that virtual meetings were very successful and time as well as cost saving, the meetings were held online by means of Zoom. The Trustees continue to find this medium an efficient means of conducting business.
The Trustees display a leaflet promoting the work of the Trust in various universities in Poland. Mr Jerzy Kozlowski ensures that the leaflet is displayed in such places as will enable potential students to have sight of it. He is the primary contact in Poland and maintains personal contact with Prof. Tomasz Kozlowski of Kielce University and with the Dean of the Warsaw University of Technology, Prof. Janusz Walo and the Vice-Dean of the Warsaw University of Technology for studies, Dr Tomasz Budzyński, who promotes the Trust to suitable students and ensures they have attained the English language standard required by English universities. Mr Jerzy Kozlowski conducts personal discussions with potential students where possible.
Mr Jerzy Kozlowski continues to encourage universities to promote the Trust but increases in university fees and the cost of living may be discouraging students from studying in England.
During the course of the reporting year the Trustees have sponsored one applicant who has benefited from the sponsorship received. The scholar summarised these benefits in the following words: “I'm profoundly grateful for the support provided by the Kozlowski Trust, which has not only facilitated my academic and technical skill enhancement but also contributed significantly to my personal development. [..] The opportunities and accomplishments I've encountered this term would not have been possible without the Kozlowski Trust's support”.
A Kay Pietron & Paluch Solicitors LLP that served the Trust closed on 30.9.2023. The Trust's management was taken over by the Sweetman Burke & Sinker Solicitors of 158-160 Broadway West Ealing London W13 0TL. RP who is the Solicitor Trustee has moved from A Kay Pietron & Paluch Solicitors LLP and is now an independent consultant at Sweetman Burke & Sinker Solicitors.
The Trustees confirm that they have had regard to the public benefit guidance requirements.
RISK
During the Reporting year the Trustees carried out an in depth review of the Charity Commission’s Document “Charity trustee meetings: 15 questions you should ask”. Having considered each relevant question it was agreed that the Trust is meeting all the necessary requirements.
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the Tntstees reffla confi£knt that all areas of prtential rk have been s(xutinised and ate PLANS FOR THE FUTURE The Trnst (x)ntmue to advertEe the Tntst th ts owives by leallets & well as by wd Tr in apwopriate instibkn brmgry ttSe to the attentN?n (ff more potentsal i• that the funts are used to ther bt adwantage. Adam &4omon of Premier P(x1ftJlKJ, regardirvJ fftvestment of the ChS fvnds in order to Mi(knei-Kon" JerLy Kozlowski Roma Paluch
THE PIOTR MACIEJ & HENRYKA MARIA KOZLOWSKI CHARITABLE TRUST Charity number 1118038
RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD FROM 01.04.2023 – 31.03.2024
| RECEIPTS | |
|---|---|
| Interest & Dividends received – Aviva | 5,327 |
| Interest & Dividends received – Scottish Widows | 4,131 |
| Aviva Investment – Increase in valuation | 8,970 |
| Scottish Widows – Increase in valuation | 8,952 |
| -------- | |
| Total Receipts | £27,380 |
| ===== | |
| PAYMENTS | |
| Fees – A Kay Pietron & Paluch | 7,635 |
| Fees – Sweetman Burke & Sinker | 3,428 |
| Fees – Dauman & Co Ltd | 540 |
| Trustees’ Expenses | - |
| Investment charges – Aviva & Scottish Widows | 5,020 |
| Grants – Milena Cudak | 14,275 |
| Meeting Expenses | - |
| -------- | |
| Total Payments | £30,898 |
| ===== | |
| Net Income/(Expenditure) | (3,518) |
| Cash Funds 01.04.2023 | 518,782 |
| ---------- | |
| Cash Funds 31.03.2024 | £515,264 |
| ====== |
Charity number 1118038 STATEMENT OF ASSEfs AND LIABIUTIES AS AT 31.03.2024 CASH FUNDS Aviva Investment Fund - at valuation 19103r2024 Scottish dowS Investment Fund- at valuation 0810024 Sweelman Burke & Sinker Client AOUnt 202,523 308.711 4,030 Total Cash Fund) £515,264 LIABILITIES NIL Approved on behalf of the Trustees by: Dr M Konieczko
Independent Examiner’s Report to the Trustees of The Piotr Maciej & Henryka Maria Kozlowski Charitable Trust (Charity Number 1118038)
I report on the Accounts of the Trust for the year ended 31 March 2024 which are attached.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
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- to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view’, and the report is limited to those matters set out below.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
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- proper accounting records are kept in accordance with section 130 of the 2011 Act; and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jens , Beadford beseees
Date: 15 November 2024
Frances Braidford, FCCA Dauman & Co Limited 9 Station Parade, Uxbridge Road Ealing Common, London, W5 3LD