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|---|---|---|
|Index||Page|
|Report ofthe trustees||1-6|
|Report ofthe auditors||7-9|
|Statement offinancial activities|||
|Balance sheet|||
|Cash flow statement|||
|Notes forming part ofthe financial|statements|13-21|





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|Directors/Trustees|Directors/Trustees|Maria Dolores Manterola|(aka|Lola Manterola) - Chairman|Lola Manterola) - Chairman|Lola Manterola) - Chairman|Lola Manterola) - Chairman|
|---|---|---|---|---|---|---|---|
|||Nicola Louise Amoroso||||||
|||Marta Brime (Secretary ofthe||Board of||Trustees)||
|||Fernando<br>Delgado-Navares||||||
|||Eleonora Geraldine<br>Creaturo||||||
|||Nuria Marti||||||
|||Diego Megia||||||
|||Alvaro Portanet||||||
|||Snigdha Singh||||||
|||Josefa Diaz Mercado||||||
|||Christopher<br>Ciauri||||||
|Treasurer||Ana De Paz||||||
|Company|number|7493363||||||
|Registered|charity number|1140193||||||
|Registered|office|Quadrant<br>House<br>- Floor|6, 4|Thomas||More Square,|London|
|||E1W 1YW||||||
|Place ofbusiness||Second floor office, 3A Harrington|||road,|South Kensington,||
|||London SW7 3ES||||||
|Auditors||UHY Hacker Young, Quadrant||House, 4 Thomas More|||Square,|
|||London E1W 1YW||||||
|Bankers||Clydesdale<br>Bank, 88 Wood Street,||||||
|||London EC2V 7QQ||||||
|Solicitors||Bates Wells &Braithwaite|London||LLP|||
|||2-6 Cannon Street, London|EC4M||6YH|||





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|funds|funds|
||||2022|2022|2022|2021|2021|2021|
|||Notes|||||||
|Incoming<br>resources|||||||||
|Income from:|||||||||
|- Donations<br>and legacies||3.1|210,978||210,978|149,287|15,000|164,287|
|-Other trading activities||3.2|1,573,401|-|1,573,401|1,683,198||1,683,198|
|-Investments||3.3|6,212||6,212|1,448||1,448|
|Total incoming<br>resources|||1,790,591|-|1,790,591|1,833,933|15,000|1,848,933|
|Expenditure<br>on:|||||||||
|Raising funds:|||||||||
|Fundraising<br>events|||239,826||239„826|173,182||173,182|
|Charitable<br>activities:|||||||||
|Donations<br>made||4|1,538,626|-|1,538,626|757,845|15,000|772,845|
|Total|||1,778,452|-|1,778,452|931,027|15,000|946,027|
|Net movement<br>in funds|||12,139||12,139|902,906||902,906|
|Reconciliation<br>offunds|||||||||
|Total funds brought|forward||2,200„216|-|2„200,216|1,297,310|-|1,297,310|
|Total funds carried|forward||2,212,355|-|2,212,355|2,200,216|-|2,200,216|





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|ASAT 31D|ECEMB|ER 2022||||||
|---|---|---|---|---|---|---|---|
||||||31December||31December|
||||||2022||2021|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||||8,595||13,752|
|Current<br>assets||||||||
|Debtors||||453,416||300,742||
|Cash at bank||||1,824,818||1,953,648||
|||||2,278,234||2,254,390||
|Creditors: Amounts||falling due||||||
|within one|year|||(74,474)||(67,926)||
|Net current|assets||||2,203,760||2,186,464|
|Total assets|less current liabilities||||2,212,355||2,200,216|
|Net assets|||||2,212,355||2,200,216|
|Funds ofthe|charity:|||||||
|Unrestricted|funds||10||2,212,355||2,200,216|
|Restricted<br>funds||||||||
||||||2,212,355||2,200,216|





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|AS AT 31DECEMBE||R 2022||||||
|---|---|---|---|---|---|---|---|
|||||||31Dec 2022|31Dec 2021|
||||||Notes|||
|Operating &investing||activities||||||
|Receipts ofinterest||||||6,212|1,448|
|Receipts ofother cash||||||1,639,202|1,660,723|
|Payment ofcharitable|grants|||||(1,468,150)|(688,321)|
|Payment ofexpenses||||||(311,251)|(197,190)|
|Depreciation<br>charge oftangible|||assets|||5,157|5,158|
|Increase/(Decrease)<br>in||cash from||||||
|operating &investing||activities|||(A)|(128,830)|781,818|
|Increase/(Decrease)<br>in|cash|||||(128,830)|781,81$|
|(A) Reconciliation<br>ofchanges<br>in resources to net cash<br>inflow from operating 4 investing<br>activities||||||||
|||||||2022|2021|
|Depreciation oftangible||fixed assets||||5,157|5,158|
|Net incoming resources||||||12,139|902,906|
|(Increase)/ Decrease in||debtors||||(152,674)|(184,462)|
|Increase/ (Decrease) in||creditors||||6,548|58,216|
|||||||(128,830)|781,818|
|(B)Analysis ofchanges in cash balances during|||||the year|||
|||||||2022|2021|
|Cash at beginning ofperiod||||||1,953,648|1,171,830|
|Cash at end ofperiod||||||1,824,818|1,953,648|
|Increase/ (Decrease) in||cash||||(128,830)|781,818|





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|Analysis ofstaff costs|||
|---|---|---|
||2022|2021|
|Salaries and Wages|69,962|57,516|
|Social Security Costs|2,829|790|
|Pensions|1,645|1,312|
||74,435|59,618|



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||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|Total|
|3.1|Donations||and|legacies|||||||
||Direct|gifts|from||individuals|and organisations|152,646||152,646|146,287|
||Events|and|other||income||58,332||58,332|18,000|
||||||||210,978||210,978|164,287|
|3.2|Other|trading||activities|||||||
||Annual|Gala Dinner|||||1,573,401||1,573,401|1,683,198|
||||||||1,573,401||1,573,401|1,683,198|
|3.3|Investments||||||||||
||Bank interest||||||6,212||6,212|1,448|





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|5|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
|||||Fixtures||
||||||Total|
|||||Fittings||
||Cost or valuation:|||||
||At<br>1 January 2022|||25,788|25,788|
||Additions|||||
||At 31 December 2022|||25,788|25,788|
||Depreciation:|||||
||At 1 January 2022|||12,036|12,036|
||Charge for the year|||5,157|5,157|
||At 31December 2022|||17,193|17,193|
||Net book value:|||||
||At 31December 2022|||8,595|8,595|
||At 31December 2021|||13,752|13752|
|6|Debtors: amounts|falling|due with one year:|||
|||||31Dec 2022|31Dec 2021|
||Trade debtors|||354,725|290,842|
||Prepayments|||12,898|5,400|
||Other debtors|||85,793|4,500|
|||||453,416|300,742|
|7|Other creditors: amounts||falling due within one year|||
|||||31Dec 2022|31Dec 2021|
||Other creditors and|accruals||74,474|67,926|





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|8|Financial|instruments|31Dec2022|31Dec2021|
|---|---|---|---|---|
||Carrying|amount offinancial assets:|||
||Debtors||354,725|290,842|
||P repayments||12,898|5,400|
||Other debtors||85,793|4,500|
||||453,416|300,742|
||Carrying|amount offinancial liabilities:|||
||Other creditors||(74,474)|(67,926)|
||||378,941|232,816|



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|||||||31Dec 2022|31Dec 2021|
|---|---|---|---|---|---|---|---|
|Within|1 year|||||21,600|21,600|
|2 —5 years||||||10,800|32,400|
|||||||32,400|54,000|
|Analysis|of|charitable|funds|||||
|||||Balance at|Incoming|Resources|Balance at|
|||||1Jan 2022|resources|expended|31Dec 2022|
|Unrestricted||funds:||||||
|General|Funds|||2,200,216|1,790,591|1,778,452|2,212,355|
|||||2,200,216|1,790,591|1,778,452|2,212,355|
|Restricted funds||||||||
|Total||||2,200,216|1,790,591|1,778,452|2,212,355|





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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|31Dec 2022|31Dec 2021|
|Fixed assets|8,595||8„595|13,752|
|Debtors|453,416||453,416|300,742|
|Bank|1,824,818||1,824,818|1,953,648|
|Creditors|(74,474)||(74,474)|(67,926)|
||2,212,355||2,212,355|2,200,216|



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