2022-04-05-accounts - Bruges-Natolin UK European Scholarships Fund

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Object	i	v	es and	Ac	ti	viti	es
							SORP reference
Summary		ofthe purposes				of	Para 1.17	For the public benefit to promote the
the charity			as set out	in its				education of United Kingdom based
governing		document						students in such ways as the Charity
								Trustees think fit, including by awarding
								to such persons scholarships,
								maintenance allowances or grants
								tenable at the Colic eofEuro e.
Summary ofthe main activities in relation to those							Para 1.17and 1.19	Scholarships for a year's tuition fees awarded to three successful applicants,
purposes		for the public						all from the UK, for the College of Europe,
benefit,	in	particular,		the				who would otherwise have been unable
activities,		projects or		services				or found it difficult to accept the places
identified		in the accounts.						offered to them. Publicising the
								availability of the scholarships and
								raising funds to finance them from willing
								donors.
Statement			confirming				Para 1.18	The Trustees have read the Charity
whether	the trustees			have				Commission's guidance on public benefit
had regard			to the guidance					and have taken and continue to take it
issued by		the Charity						fully into account in the Charity's work in
Commission			on public					funding and awarding scholarships for
benefit								stud at the Colic e ofEuro e.
Additional			information		(optional)
You ma		choose to include				further statements		where relevant about:
							SORP reference
								Grants (scholarships) are awarded only
							Para 1.38	to UK or UK based candidates for the
Policy on		grant making						College of Europe who are successful in
								the College's own rigorous selection
								processes. Within that category the
								Trustees look for candidates who would
								not be able to afford to take up the offer
								ofa lace without financial hei .
								The Charity retains a level of reserves
							Para 1.38	sufficient to carry out its objectives. It
Policy on		social investment						holds both a current account &a deposit
including		program related						account with the CAF bank 8 surplus
investment								funds are retained on deposit to achieve
								a financial return for the Charit .

					The Charity has volunteer	supporters
Contribution	made	by	Para	1.38	the UK and in Brussels who give their time in arranging occasions for
volunteers					fundraising and promotion,	setting up
					meetings and helping with	administration
					and im lementation.
Other

		SORP reference
			The Charity	raised funds to finance the
			awarding ofthree scholarships covering
			a year's tuition at the College ofEurope
Summary ofthe main achievements ofthe charity,		Para 1.20	for students constraints,	who would, due to financial otherwise have been unable
identifying	the difference the		to study at the college.
charity's	work has made lo
the circumstances of its			The studies	prepare graduates for
beneficiaries and any wider			inspirational	careers related to European
benefits to society as a			cooperation	and integration.
whole.

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

						The Charity has volunteer supporters In	The Charity has volunteer supporters In
Contribution			made	by	Para 1,38	the UK and In Brussels who time In arranging occasions	give their for
volunteers						fundraislng and promotion,	setting up
						meetings and helping with administration
						and lm lementatlon.
Other
Achievements				and Performance
					SORP reference
						The Charity raised funds to	finance the
						awarding ofthree scholarships covering
						a year's tuition at the College ofEurope
Summary of achievements			the main ofthe charity,		Para 1.20	for students who would, due to financial constraints, otherwise have been unable
identifying		the difference the				to study at the college.
charity's	work has			made to
the circumstances				of its		The studies prepare graduates for
beneficiaries			and	any wider		inspirational careers related	to European
benefits to		society		as a		cooperation and Integration.
whole.

Achievements against	Para	1.41
objectives set
Performance offundraising
activities against objectives	Para	1 41
set
Investment performance	Para	1 41
against objectives
Other

Finan	cial Review	cial Review
Review	ofthe charity's			Para	1.21	The Charity				retained			surplus		unrestricted
financial	position at	the end				funds	of		5119,925 at the						end	of	the
ofthe	eriod					erlod.
Statement explaining		the		Para	1 22	The Charity				alms			to spend		all	of	Its
policy for holding reserves						Income		on		its	charitable			objectives.			It
stating	why they are	held				maintains			sufficient				reserves		to cover at
						least the		next year's scholarship								funding
						and administration							costs.
Amount	of reserves	held		Para	1.22	f119925
Reasons for holding		zero		Para	122
reserves
Details	offund materially		in	Para	1 24	N/A
deficit
Explanation ofany				Para	1.23	There	are			no	uncertainties				about		the
uncertainties about		the				Charity	continuing					as a going			concern.
charity	continuing as a going
concern

The charity's principal
sources offunds (including	Para 1.47
any fundraising)
Investment policy and objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 146
risks facing the charity
Other

Structure, Governance	and Man	agement
Description of charity's
trusts: Type ofgoverning document		Trust Deed dated 3"November				2010
How is the charity	Para 1.25	Unincorporated		association.
constituted?
iI I r !I t(on or Ir
Trustee selection methods	Para 1.25	Apart	from	the	first Trustees,		every
including details of any		Trustee	must	be appointed for		a	term	of
constitutional provisions e.g.		three	years	by	a resolution		of	the
election to post or name of		Trustees passed			at a special		meeting
any person or body entitled		called	under	cluse 15 of the Declaration
to appoint one or more		ofthe Trust
trustees

Policies and procedures adopted for the induction	Policies and procedures adopted for the induction	Para 1.51
training oftrustees
The charity's structure and	organisational any wider	Para 1.51
network with	which the
charity works
Relationship	with any related	Para 1.51
parties
Other

Charity	name			BRUGES-NATOLIN
				FUND
Other name the charit			uses	BRUNAT
Re istered charit		number		1139334
Charity's	principal	address		26StLuke's Street,
				London,
				SW3 3RP

mes	ofthe charity trust	ofthe charity trust	ees who manage	the charity
	Trustee name		Office (Ifany)	Dates acted ear	if not for whole	Name to a	of person (or body) entitled oint trustee Ifan
1	Anthony	Cary	Secretary
	Sir Martin
	Donnelly
	Lady IIoya
	Denman
4	Andrew	Renshaw
5	Doreen	Kinsler	Treasurer
	Prof Dame Helen		Chair
	Wallace
	Marie Kinsler KC
	Tim Gordon			Appointed	5/10/21
	Richard			Appointed	5/10/21
	Washington
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian	Funds held as custodian	Funds held as custodian
Description ofthe assets		NIA
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	NIA
safe custody and
segregation of such assets
from the charity's own assets

Names and	addresses of	advisers (Option
Type of	Name	Address
adviser

O CHARITY COMMISSION FOR ENGLANO ANO WALES		BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	BRUGES-NATOLIN UK EUROPEAN SCHOLARSHIPS FUND Receipts and payments	accounts	1139334	CC16a
		For the period from		06/04/2021				To	05/04/2022
		Unrestricted funds		Restricted funds			Endowment funds		Total funds	Last year
		to the	to	the	nearest		to the nearest		to the nearest	to the
		nearest f.			6			5	6	nearest 6
A1 Receipts
Donations		62,143							62,143	54,031
Gift Aid		9,939							9939	3630
Interest Received		17							17
Sub total (Gross income for AR)		72,099							72,099	57,661
A2 Asset and investment
sales, (see table).
Sub	total
Total receipts		72,099					-	-	72,0gg	57,661
A3 Pa ments
Coge e Fees - Bru es		46,730							46,730	60,461
Inde endent Examination		600							600	600
Accountancy &Bookkeeping
		1,015							1,015
Bank Char es		147							147	107
Sub	total	48,492							48,492	61,168
A4 Asset and investment
urchases, see table
Sub	total
Total payments		48,492				-		-	48,492	61,168
Net ofreceiptsl(payments)		23,607							23,607	3,507
A5 Transfers between funds
A6 Cash funds last year end		96,318							96,318	99,825
Cash funds this year end		119,925							119,925	96,318

						Unrestdicted	Restricted	Restricted	Endowment
	Categories		Details			funds		funds	funds
						to nearest 5	to	nearest 5	to nearest 5
B1Cash	funds		Cash at Bank			119,925
				Total	cash funds	119,925
			taglee	Ualattcus	wist lecttlpla
			and	payments	account(s))
						Unrestricted	Restricted		Endowment
						funds		funds	funds
			Details			to nearest 5	to	nearest 5	to nearest 5
B2Other	monetary assets
			Details			Fund to which asset belon s	Cost (optional)		Current value o tional
83Investment		assets
			Details			Fund to which asset belongs	Cost (optional)		Current value o tional
B4Assets retained forthe
charity's	own	use
						Fund to	Amount due		When due
						which liability	(optional)		(optional)
						relates
			Details
B5Liabilities
Signed by one on behalf of all		or two trustees the trustees		Signature		Print	Name		Date of a royal
							4(trLLACL		)~I/0(2&
						QiDEZZA	A//JSU=&		)2 (O ZZ