Hungarian Cultural Association
Directors, l Trustees, Annual Report 2019120
for the Financial Year ending 31 August 2020
Thanking our key supporters:
Bethlen Gabor Alap Zrt
Federation of Hungarians in England
Hungarian Cultural Centre London

Directors, l Trustees. Annual Report 2019120
Prepared in accordance with the special provisions provided for smaller companies by Part 15 of the
Companies Act 2006 and the Charities SORP (FRS102) guidelines for charities.
This is the Company's ninth Annual Report since incorporation on 15 April 2011, for the Financial Year
from 1 September 2019 to 31 August 2020.
Reference and administrative information
Name of the company / charity:
Short name:
Hungarian Cultural Association
HCA
Any other name by which the company I
charity makes itself known:
Hungarian School and Cultural Association Guildford
Magyar Iskola és Kulturalis Egyesulet Guildford
1144110
Charity registration number in England and
Wales:
Company registration number:
7606402
The address of the principal office of the
charity:
The names of the charity's trustees or
trustee(s) for the charity on the date the report
was approved:
2 Elles Avenue, Guildford, GU12QH
Maria Chambers,
Katalin Hegedus
Andrea Norman-walker (from 10 March 2019),
Dora Blazsek-Dixon (from 1 September 2019)
The names of any other person who served as
a charity trustee in the financial year:
none

Structure Governance and Mana
ement
The nature of the governing document and how the charity is constituted:
The Hungarian Cultural Association is a Company Limited by Guarantee, constituted with a
Memorandum and Articles ofAssociation.
How the Charity is constituted:
The Hungarian Cultural Association (HCA) was established on 15 April 2011 as a company limited by
guarantee and was registered as a Charity in October 2011. The HCA has continued the activities
founded by its predecessor organisation, the Hungarian Cultural Group Guildford (HCG) established in
March 2009.
The methods adopted for the recruitment and appointment of new trustees:
The Hungarian Cultural Association invites all its beneficiary members, volunteers and contracted staff
to participate in the governance of the charity. It has invited any member or associated partner to apply
for Trustee positions. New Trustees/Directors can be appointed by a resolution of the Board of
Trustees/Directors or at the AGM. Trustees will resign on a rotation basis, but can be re-elected at the
AGM. During the Financial Year, all Trustees resigned and were re-appointed on the AGM in January
2020 and again in January 2021.
Ob"ectives and Activities:
A summary of the objects of the charity as set out in its governing document:
The charity's objects as set out in the Articles ofAssociation agreed on 16 September 2011 and
accepted by the Charity Commission are as follows:
(1) To advance the education of the public in the subject of Hungarian Culture (language and literature,
music, art and craft, folk dance, history, etc.) in particular, but not exclusively, amongst families with
Hungarian connections in the Surrey area.
(2) The prevention or relief of poverty, sickness and distress amongst families with Hungarian
connections in Surrey or nationwide by providing grants, items and services to individuals in need.
Summary of the main activities undertaken in relation to those objects:
The charity achieves its aims through delivering regular educational sessions of Hungarian language
and literature, folk dancing, singing and music, history, traditional art and craft to children aged 0-18
years as well as to adults who wish to learn Hungarian as a foreign language.
There are also regular music, folk music and dancing, puppet show and poetry events, as well as
educational trips to museums and botanical gardens open for all people from the wider community.
Members with financial or other disadvantages can participate in activities free or at reduced price to
ensure events and educational sessions are open to all. The charity also provides support and advice
for people in need and aids personal development and employability through volunteering opportunities
and coaching.
The trustees confirm that they have had regard to the Charity Commission's guidance on public
benefit.

Achievements and Performance
The Charity had 170 beneficiary members representing individuals aged 0-80, many of them families
with 1-3 children. They represent all segments of society from Surrey, Hampshire, Sussex, London and
the Home Counties. There were 3343 beneficiaries (members and non-members) who took part in the
HCA'S activities and events in Guildford and London in this financial year between September 2019 and
August 2020. At the start of the COVID pandemic in March 2020, the Charity suspended its face-to-face
activities and provided most of its services online, combined face to face activities with virtual,
maintaining a steady membership and even reaching regions elsewhere in the UK. There was a
significant decline in the number of re-enrolled families in September 2020 due to the fear of contracting
the virus and those families are yet to return to the group and some families found it hard to engage in
online activities so we anticipate a significant challenge in re-engaging with these families. Despite the
pandemic, significant numbers of new families joined us during the on-line operation from all over the
UK.
Education
Our unique Hungarian Cultural Identity Programme (HCIP) entered into its 10th year and we
th
celebrated the 10 anniversary of the foundation of the charity with a number of events during 2019. We
benefited from working in partnership with St John's Centre Guildford, St Thomas of Canterbury
Catholic Primary School Guildford, Hungarian Cultural Centre London, St John's the Baptist Catholic
Secondary School Woking and St Stephen's House London.
The HCIP delivered educational activities in 6 age groups: 0-3, 4-5, 6-7, 8-10, 11 + adults in Guildford
and London, with fortnightly face to face sessions between September 2019 - March 2020, weekly
distance learning support in April 2020, weekly on-line sessions from May - July 2020 and educational
trips in August 2020. Sessions are ranging from 40 - 120 minutes/week and cover: Hungarian language
and literature, singing and music, folkdance, traditional craft, free play and library, delivered by 6
teachers and 4 volunteers, between 10.30 -14.00 on Saturdays on 20 occasion/ year face to face in
separate rooms or on-line in the learners, homes. Total number of sessions per child were 70-100 this
year, for approximately 60-100 learners this year. They also benefited from our excellent teaching
resources including a Hungarian children's library, traditional folk costumes, and laptops. All school
aged learners received a free learning pack at the beginning of the year.
The 15+ group were preparing for the ECL exam that was unfortunately cancelled due to the pandemic
and is yet to be rearranged. This group was following the ECL curriculum.
The 6-7 year-old group focused on learning to read and write in Hungarian using a method developed
by one of our teachers, using the foundations of the phonics method. All age groups participated in
singing and music, language, folkdance, craft free play on each teaching day.
The organisation offered a series of monthly Kodaly-based music sessions on 6 occasions for young
children (aged 0-5) and their families at the Hungarian Cultural Centre in London.
Throughout the year, HCA offered Open Days where new families had an opportunity to try our
educational sessions.
Between May and August 2020, 1058 children and adult participants benefited from our on-line
sessions and educational trips.

Events
Along with the teaching programme, Hungarian cultural events play an integral part of the HCIP. We
delivered the following events:
In September, the famous Hungarian writer Balint Agnes's well known and loved children's stories
about "Mazsola és Tadé" were performed by Ametist Hungarian Puppet Theatre to the amusement of
children and adults alik., We were honoured to welcome the granddaughter of the writer at the event.
In October, the 5-member Kolompos Ensemble visited us from Hungary giving a splendid
Hungarian Folk Concert and Dance event. They entertained our families with traditional Hungarian
songs and dances from various regions of Hungary celebrating the Harvest, together with making some
"wine" with our families using a traditional grape press.
Also in October, the Solti Gyorgy Youth String Orchestra visited us from Budapest for the second
classical music concert for children. The orchestra also played at two local schools in Surrey and over
800 students and teachers benefited from their fantastic playing at St John the Baptist Catholic
Secondary School Woking and St Thomas of Canterbury Catholic Primary School in Guildford. The
Orchestra performed at an open event at St Stephen's House in London. The events were attended by
Lady Solti and the mayors of Woking and Guildford and representatives from the Hungarian Cultural
Centre and the Hungarian Embassy.
In November, we commemorated the 1 Ooth anniversary of the death of the celebrated Hungarian poet
Endre Ady. Ibolya Mészaros performed a touching monodrama based on the diary of the poet's young
wife, Csinszka.
In December, we had our eleventh St Nicholas Day Celebration, where a Hungarian Puppet
Theatre performed a traditional winter tale, and the children and parents sang traditional Mikulas
songs and recited Hungarian poems together. Traditional food and drinks accompanied the evening,
and the children received their traditional gift bags from our Hungarian Santa.
In February, our patron Vilmos Gryllus, award-winning singer-songwriter gave his fifth Children's
Concert to a full house. the night before he sang a collection of Hungarian poems to our youth groups
teachers and guests for the fourth time.
In March, we were able to organise a folk dance house event in Guildford with the Folktone Band,
where dancers were arriving from London, Reading and the South-East. English and Hungarian
participants alike enjoyed learning dances and songs from Transylvania and then dancing until the late
hours of the evening.
In March, to mark the National Day of 15 March, 5 children aged 8-18 and their teachers were
preparing to perform songs, dances and poems at the Embassy of Hungary in London to celebrate
the anniversary of the Revolution in 1848-49. This event was unfortunately cancelled by the Embassy
due to the COVID-19 restrictions introduced by the Hungarian government the same week, but the
performance still went ahead with the parents and children as part of the regular teaching events on
14th March. This was the last face-to-face in-door event the Charity was able to organise in this
financial year and was accordingly an important marker of community cohesion.
Due to COVID restrictions, all further events were cancelled until the summer, when the relaxed
restrictions permitted an outdoor excursion in August (with observation of the pandemic guidelines)
for families living near Guildford in Stoke Park. This provided a much-needed boost to the HCA
community spirit and permitted families to exchange ideas and relax the pressure that the pandemic
placed on families with small children.

The Guildford Hungarian Folk Dancing group for young people and adults held three workshops
where a new region's heritage was discovered by participants.They learnt new folk songs and dances
from Magyarlapad under the guidance of Imre and Panka Herman who delivered the workshops in
London and Guildford.
The charity continued to collaborate with other UK-based Hungarian schools (Birmingham, Bristol) on
events.
The organisation took on the role of a mentor for a Korosi Csoma Sandor Program (KCSP) grant
holder, who arrived in October 2019 and worked with us 20 hours per week to support our operations,
giving particularly valuable help in producing distance learning materials for our children and families
during the first lockdown.
Both educational and cultural projects were supported by the Bethlen Gabor Alap foundation that
provided vital financial support to deliver such high quality Hungarian cultural events in Guildford,
Woking, London, Bristol and Birmingham.
HCA provided bursaries of up to 100 % to families in difficult circumstances to ensure financial means
do not limit access to its activities.
The organisation has shown its resilience during the pandemic to maintain both the quality and
frequency of activities, and keep up a sustained community spirit. These activities have continued in the
2020-2021 financial year

Financial Review
In this financial year the charity's turnover was £34,671 (2019: £43,706)
In this financial year, although the turnover has reduced compared to the prior year, the Charity was still
able to improve its financial health while maintaining its level of activities. Reserves at the end of the
Financial Year stood at £14,936 - an increase of £3,881 since last year- although of this reserve,
£3,789 was only received by bank transfer in October 2020, after the closure of the financial year. The
healthy financial position enabled the Charity to maintain the fee structure introduced the year before.
This level of reserve was agreed on the AGM in January 2021 to be maintained at this level due to the
uncertainties of the pandemic as this still does not fully cover the annual cost of running the Charity,
should income steeply reduce in the future. A small proportion of the reserve may be used for
organising online cultural events free of charge or at reduced cost in the next Financial Year that may
otherwise not be financially viable.
There were no funds in deficit during the financial year and the charity has no concerns or uncertainties
about its ability to carry out its activities in the medium term, even if grant financing becomes less
accessible. The Charity has obtained further grant financing in the Financial Year 2020121 and is
confident it will continue to operate as a going concern.
In the financial year 201912020, the Charity obtained grants from one donor organisation and was able
to cooperate with other Hungarian schools and community organisations.
The grant donor in this financial year- for the third year running - was the Bethlen Gabor Alapkezelo
Zrt (Bethlen Gabor Fund Management Private Limited Company, BGA Zrt) in Hungary, responsible for
the promotion of Hungarian culture, language and heritage outside Hungary. HCA had four projects
funded by BGA Zrt in this financial year. Three projects started in the previous financial year and
concluded in this financial year. One project for Teaching in 2020 was fully covered in this financial year
but funding was retrospectively transferred in October 2020.
The first grant, in the amount of £13,771, aimed to organise 5 concerts for families by the
renowned Solti Youth Orchestra in October 2019. In this financial year, £6,358 was spent on
travel and accommodation costs and project management against the deferred income from
the last financial year. All project funding was spent by 3111212019.
The second grant provided £4,110 to support regular teaching activities: this was spent on the
travel costs and fees of the teachers at the school. Of this fund, £726 was spent in the current
financial year, against the deferred income from the last financial year. All project funding was
spent by 3111212019.
The third grant was £5,480 for the organisation of further cultural events between February
2019 and March 2020. In the current financial year £3,087 was spent on artists, fees and travel
as well as venue hire, against the deferred income from the last financial year All funds were
spent by 101312020.
The fourth grant provided £3,789 to support regular teaching activities in 2020: this was spent
on the travel costs and fees of the teachers at the school and rent for premises. It was fully
covered in this financial year from the Charity's own reserves against the funding approval
received in May 2020, the funding was retrospectively transferred in October 2020. All project
funding was spent by 311812020.
At the same time - and even during the lockdown - the Charity's regular sources of income continued:

including membership fees and course fees, income from events and regular fundraising - particularly
through the sale of traditional food, folk costumes and Hungarian books and toys. The Charity also
continues to receive funding from corporate matching and salary donation schemes. This year again,
no Gift Aid request was submitted because the amounts are immaterial. The successful receipt of the
grants this year meant that for the third consecutive year, HCA exceeded the £25,000 limit for an
independent assessment and will submit this Trustees, Annual Report to the Charity Commission.
Further details are available in the Financial Accounts below.

THE 2019-2020 HCA Team
Maria Chambers
Katalin Hegedus
Andrea Norman-walker
Dr Teodora Perger
Dora Blazsek-Dixon
TrusteelDirector (Operations and Education, Safeguarding)
Trustee/Director (Finance)
Trustee/Director (Policies)
Trustee/Director (Health and Safety, Library Manager) (until
101312019)
Trustee/Director (Library Manager from 101312019)
Patrons
Dr Beata Paszthy
Dr Ilona Gallné Groh
Veronika Marék
Vilmos Gryllus
Margaret Olivers
Kolompos Ensemble
Former Director of the HCC London
Head of Ringato music foundation, Forrai Award winning music teacher
Janikovszky Éva Award and JozsefAttila Award winning writer
Kossuth Award and Prima Primissima Award winning singer-
songwriter
Chairman of the British Kodaly Academy, music and Montessori
teacher
Hungarian folk band
Operative Team
Maria Chambers
Niki Cseh
Katalin Hegedus
Judit Horvathy
Katalin Vincze
Péter pai Toth
Rita Kardulesz
Session Leader- Music and Language 0-5, Music 5-11, Folk dance
Session Leader- Kindergarten
Session Leader- Language 5-7, Folk dance
Session Leader- Language 7-9 and 10-14
Session Leader- Language 7-9 and 10-14, Adults
Session Leader- Language 15-18, Adults
KCSP grant holder- Teaching Assistant

Financial Accounts as at 31 August 2020 - Hungarian Cultural Association
Registered Charity in England and Wales reg. Number 1144110
Company Limited by Guarantee in England and Wales, company number 7606402
Prepared in accordance with the special provisions provided for smaller companies by Part 15 of the
Companies Act 2006 and the Charities SORP (FRS102) guidelines for charities.
For the Financial Year ending 31 August 2019, the Company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to 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 responsibility for complying with the requirements of the Act with respect to
accounting records and for preparation of accounts. These accounts have been prepared in
accordance with the provisions applicable to companies subject to the small companies regime.
The accounts give a true and fair view of the state of affairs of the Company as at the end of the
Financial Year and of its Profit and Loss for the Financial Year in accordance with the requirements of
Sections 394- 396, and which otherwise comply with the requirements of the Companies Act 2006
relating to accounts, so far as applicable to the Company. All figures rounded to the nearest pound (£).
Balance Sheet
urr•nt Flnanclal Y•ar {15•pl￿b•r 2019 .
2020)
Jnrnstrlctsd fundi
1 August
Prlv Flnanclal Y•ar11 5•pl•mb•r 2018 - 31 Au9U5t 2019)
alance Sheet
R88tr1ctsd
fundg
Total
R•8trlct•d fund8 Unr•?trlctsd fund•
Total
ssets
Fixed Asg8tS
otal Flxed Assets
ebtors
Accounts Receivable
Provision for Bad Debt5
ash and Bank Account
Current bank account
Petty Cash
otal Current Assets
1,400
1,400
1,400
1,400
2,451
2,451
2,451
2A51
1)
3,789
3,789
3)
4)
11,178
79
11,257
11,178
79
15,046
10,171
10,708
10
10.718
20,879
10
20.890
5)
3,789
10.171
otsl Assets
5,189
11,25T
10,440
12.022
10,718
23.340
labilities due within one year;
ayables
Cheques Issued, not yet cleared
Accounts Payable
Reserve for breakage
Deferrad Incom•
Tax Payable
Totsl Current Llabllftles
209
209
7)
7)
410
200
900
410
200
900
200
1,705
200
11,876
10,171
9)
8)
1,510
9,747
9,747
1,510
13,536
14,936
10,171
2,114
8,604
8,004
12,285
8,604
11,055
et Current Assets before Accruals
3,789
5,189
otal Assets les5 Current Llabllllles
2,451
labilities due after more than one year
6)
et Assets
5,189
,747
14,936
2,451
11,055
harity Funding Available (Capital and Ro58rv85)
hare Capital
etained Eamings
Retain8d eamings from currant yaar (P&L)
R6tained eamings from previous year
Transf•r of reserves
11)
(1,050)
2,451
3,789
4,931
8,604
(3,789)
3,881
11,055
2,451
5,987
2,617
8,438
2,617
Ica
Reserves
746
10

Statement of Financial Activities (Profit and Loss Account)
Current Flnanclil Year {1 September 2019 . 31
Augu8t 2020>
Cwrort Flrnncl•l Year11 SeF*•r￿er 2018 - 31 August
2019)
tstement of Flnanclal Actlvltles
Restrlcted
fund•
'Jnro8trlct•d fvnd:
Total
R•8trlct•d funds Unr•Jtrlct8d fund8
Total
ncomlng Resources (Turnover)
ncomin
Resources from Generated Funds
Inthind Volunte8r Hours
In Kind Donations for Sale
Donations and Other Incomo
1,150
20
1,747
1.150
20
15,707
1,770
47
2,363
1.770
47
24,372
14)
14)
12)
13,960
22,008
ncomin
Resources from Charitable Activities
Fundraising Income
Event Fee Income
Course Fee Incom8
Professional Services Provided
Membership Fee Income
otal Incomlng Resources (Turnover)
13)
4,389
4,278
8.647
4,389
4,278
8,647
4,527
4.131
7,624
700
535
21,697
4,527
4.131
7,624
700
535
43,706
480
20,711
480
34,671
13,960
22,008
esources Expended (Expenses)
ost of Fundralsln
Actlvltles
In kind donation - cost of fundraising activities
ost of Fundraising Activities - Bufe Expenses
ost of Charftable Actlvltles
eaching Fees
anagement Fees
n-Kind Voluntaar Hours
eaching Materials
ent
olunteer3 Expenses
rtist PerfomiancelProfessional Fees
arketlng and Adv8rtislng Costs
ravel and Entertainment
Insurance Premiums
epreciation
her Expenses
otsl Expenses
16)
20
1,532
20
1,532
47
1,815
47
1,815
4,311
2,215
756
5,603
1,150
758
2,519
221
292
98
1,611
5,088
7,818
1.150
758
2,687
221
3,083
98
5,998
1,655
860
1,822
4,670
1,770
875
746
280
440
152
2,059
280
3,477
5,530
1,770
2,610
3,033
280
2,745
152
11,974
280
700
855
35.268
1,736
2,287
168
2,791
2,305
4,387
9,915
1,050
88
15,010
1,050
1,307
30.790
700
99
19.557
1,219
15.780
755
15.711
et Incomln
Resou
Neto
eratln
Inco
050
451
986
ncome related to Investments and Financial Activrties
xpons8s r8lat8d to Invastments and Financial Activiti
et Proflt before Tax relatlng to Ordlnary Actlvlti
orporate Tax Payable
Proflt on Ordlnary Actlvltles after Taxatlon
(1,050)
4,931
3,881
2,451
5,986
8,437
(1,050)
4,931
3,881
2,451
5,986
8,437
Pr
the
anclal Y
88
45
986
11

Summary of Fund Movements
Outline summary of Fund Movements - Current Year
(2019120)
Opening
Balance
Incoming
Resouces
OutgoirrfJ
Resources
Gans/ Losses Transfers
Carried
Forward
restricted FUr￿S
20T11
157T9
4931
.789)
9747
Restncted FurKIs
2451
13960
15010
(1,050)
3789
189
ErKk)wment Funds
Total Furhd Movements Current Year
11055
34671
789
3881
14936
Outline summary of Fund Movements -
st Year (2018119)
Openiry
Balance
Incomi
Resouces
Outgoing
Resourc
Carr
Forward
GainslLosses
Transfers
Unrestricted Funds
2618
21697
15711
5987
ReStr￿ted Funds
22008
19557
,451
2451
Endowment Funds
Total Fund Movements Current Year
2618
43705
35268
8438
11055
Trustee's Annual Report and Financial Accounts approved by the Board of Directorsrrrustees on 3rd
May 2021.
Signed on behalf of the Board of Directorsrrrustees:
Katalin Hegedus
Director / Trustee
Maria Chambers
Director / Trustee
12

Notes to the Accounts for the Financial Year ending 31 August 2020
Hungarian Cultural Association
Registered Charity in England and Wales reg. Number 1144110
Company Limited by Guarantee in England and Wales, company number 7606402
Prepared in accordance with the special provisions provided for smaller companies by Part 15 of the
Companies Act 2006 and the Charities SORP (FRS102) guidelines for charities.
All figures are rounded to the nearest pound (£).
The Accounts show a true and fair view, and were prepared on the going concern assumptions and
using the accruals concept and provide information that is relevant, reliable, comparable and
understandable.
Financial Review Policy on reserves:
The charity aims to hold the equivalent the running costs of three school terms (c. £15,000) as reserve
due to the uncertainties of the pandemic. The reserves reported in the Accounts have reached the
target level, and are now expected to be maintained. A small portion of the reserves may be used for
online events at reduced cost or free of charge that are not otherwise financially viable.
Details of any fund materially in deficit and the circumstances giving rise to the deficit and steps being
taken to eliminate the deficit:
The Hungarian Cultural Association has not had funds in deficit at any time during the financial year
ending 31 August 2020.
Funds held as Custodian Trustee:
The Hungarian Cultural Association does not hold funds as Custodian Trustee.
Detailed Notes to the Accounts:
1. Fixed Assets
The Company has a policy to only capitalise assets with values in excess of £500. In the previous
financial year 2018119 the company purchased 8 laptops from the BGA Zrt grant for the Digital
Hungarian School Although the individual purchase value was under £500, the Trustees decided to
capitalise the assets and depreciate them over 3 years. The purchase was made from a grant which
contains certain restrictions, so the assets are shown as restricted assets.
Original Cost of Fixed Assets: £ 3,151
Cumulated Depreciation:
£ 1,751
Net Balance Sheet Value:
£1,400
The resale value of all teaching materials currently in use by the Company but shown at zero value on
the Balance Sheet is estimated at £2,500 and consists of around 250 library books, teaching reference
books and teaching materials, 50 sets of folk costumes for adults and children, musical instruments and
children's toys.
2. Stocks
The Company does not capitalise any stocks purchased and therefore calculates no revaluation or
depreciation. Stocks, if any, would be valued at the lower of cost and net realisable value.
3. Debtors
£3,789 Bethlen Gabor BGA Zrt Teaching 2020 grant was received by bank transfer in October 2020,
13

after the accounts were closed. This was in agreement with the grant donor and the amount was not
treated as overdue.
4. Provisions
The Company has no activities that would require any Provisions.
5. Financial Assets
The Company has no Financial Assets other than a non-interest-bearing bank current account for
transactional purposes.
6. Creditors over one year
The Company has no long-term financial or other liabilities.
7. Creditors within one year
Payables of £410 relate to August Invoices paid in September. Reserves for breakage relate to a
deposit cheque of £200 held by St John's Centre and it expired in September 2020 as the Company no
longer uses the premises.
8. Tax
The Company is not subject to Corporation Tax as all its activities are exempt under Charity tax
regulations. The Company has no employees, therefore it pays no PAYE and Nl contributions.
9. Deferred Income
£900 relates to course fees an event fees paid in advance in August for the term starting in September
2020, and deferred for the following financial year. None of these pre-paid fees had to be refunded and
were realised as income in September 2020.
10. Prepaid and Accrued Expenses
There were no prepaid and accrued expenses this financial year.
11. Capital
The Company has no share capital, as it is registered as a Company Limited by Guarantee. The total
amount of guarantee is £30.
12. All donations were received from BGA Zrt and relate to four separate grants, as detailed in the
activities section of the Annual Report.
13. The main source of unrestricted income for the organisation is from its regular courses and events
as well as the membership fees received. The Company also conducts fundraising activities (e.g.
Hungarian food buffet, book and folk costume sales), all related to Hungarian culture.
14.The Treasurer (Katalin Hegedus) contributed 115 hours of professional management, accounting
and financial services in-kind. These services were considered at a value of £1 Olh. additionally,
approximately 400 professional hours were contributed in the course of the financial year by volunteers
in teaching, operational and administrative services, event management, catering and other services
that had not been tracked and therefore were not accounted for. Volunteer hours for non-professional
services are not represented in the accounts but have exceeded 400 hours in the year. Cakes and
books donated for sale and eligible for Gift Aid were recognised at a value of £20. Other in-kind
donation of books, toys, provision of travel, storage and other services not eligible for Gift Aid were not
represented in the accounts but exceeded £1,000 in total value.
14

15. Donation and Other Income includes the following major items
Katalin Hegedus, HSBC Employer's matching scheme: £1,000
Reimbursement of travel costs by third parties - Hungarian Embassy, BGA Zrt and others £466
16.The Company's major expense line items are below.
Fundraising Cost of Sales (buffet and sales items): £1,532
Rent: £2,687
Professional Fees for Performing Artists: £3,083
Fees paid for the teachers, all of whom are self-employed and work on a fixed-term contract
basis: £5,068, of which £1,650 represents related party transactions.
Management Fees: £7,818, of which £6,943 represents related party transactions.
Travel costs for Performing Artists: £505
Travel costs of Teachers and volunteers: £1,208
Details of the expenses are given in the Profit and Loss Account. All costs were attributed to the activity
where it was incurred. Management fees and teaching fees were tracked based on actual hours spent
on the activity.
For related party transactions including Directors, Remunerations as permitted by the Articles of
Association and agreed by the Board of Trustees see the below table.
15

Transactlons wlth trustees and related partles
If the eharlty has any transaetions with relatedpartles (other than th• trustee oxpenses explalned1tr7 quldance notes) detalts of s￿h transacdons should b• prnvided In thls not•.
If thorn arn no transaetlons to rnport pl&￿• ont•r "Trne- In th• box or "Fals•" If thorn arn transactlons to rnport.
Trustse remuneratlon and ￿nefftS
Thls year
None of the trustee5 have been pald any rnffluneratlon or recelved any other b•neflts froffl an employment whh thelr
charity or a related entlty (Tru• or Fals•)
FALSE
the porlod the charlty has pald trnsteos romuneratlon and ben•flts. Please glv• the amount of, and legal authorlty for. any rnffluneratlon or other beneffts pald to a trust•• by
the chaflty or any lftstltutlon or company connected wlth IL
Amounts pald or benefft valu•
Legal authorltylgg
ord•r, governlng
doeum•ntl
R8rnungratlon
P8Mlon
contrfbutlon
Redundancy
{Includlng10gs
ofofficeyax
grada
Other
TOTAL
Nam• of trust••
Artlcles of A8sociath)n
and Management
Contrxt
ArtlcleB ol A••oclatk•n
•nd Te4chiAg CoAtract
Marla Charnb•rs
6,943
6,943
Maria Chamb•rs
1.650
1.6fJO
Pl•aso gfve dotalls of why rnmunoratl¢)n or other
•mploymont benefits wern pald.
Wh•rn an ex gratla paym•nt has been made to a trust••,
prnvldo an oxplanatton of tho naturn of tho paymonL
Ifa thlnl party has b••n relmbursod forprovldlnq on• or
morn trnsteos. stats tho naturn of th• paym•nt and
amount of th• rnlmburn•m•nL
State the numb•r of trnst••s to whom r•tir•m•nt b•n•fits
arn aecrulnq und•r a d•fln•d eontrlbutlon p•nslon
La￿ y•ar
Non• of th• trust••s hav• b••n pald any r•mun•railon or r•c•lv•d any oth•r b•n•flts from an •mploym•nt wlth th•lr
charfty or a r•lat•d •ntfty {Truo or Fals•)
FALSE
the p•rtod the charlty has pald trnsto•s rnmunoratlon and ￿noflts. Pl•ase glvo the amount of, and logal authorfty for, any rnmuneratlon or other boneffts pald to a trnstoe by
th• chartty or any Instltudon or company connKtod wlth IL
Amounts pald or hnefft valu•
L•gal authorlty l•g
ord•r, governlng
docum•ntl
Remuneratlon
Pernlon
comrlbutlon
Redundancy
(IncludlThg loss
of offlceyex
graila
Oth•r
TOTAL
Nam• of trust••
Anhcbes of AssociatiOA
Marfa Chamb•rs
4.935
Contrxt
ArtKles of Ass¢xiatthi
4.935
Marla Chambers
1,020
1.020
Please glv• detalls of why rnmunwatlon or other
•mploym•nt bonofits worn pald.
Whern an ex qratla payment has been made to a trnstoe.
prnvldo an explanation of the naturn of the paymenL
Ifa thlrf party has boen rnlmburned forpmvldlng one or
morn trustses, state the nature of tho paym•nt and
amount of the relmbursement.
State the number of trustees to whom rntlromont bmeffts
arn aoGrnlnq und•ra dofln•d contrlbutlon ponslon
sch•m•.
16

Trustees. expen8es
the charty has paid trnstees expenses for fvlfilllng thelr dutlos. detalls of sueh transactlons should h prnvld•d In thls not•. If thern arn no transactit￿ to rnport pl•as• enter
"True" In tho box below. If thern arn transxdons to rnport please enter "Falsa".
No trustse expenses have been Incurred (Tru• or Fals•)
Type of exp•ns•s r•lmbursed
Thls year
Last year
Travel
Subsist•nc•
Accommodatlon
Oth•r (pl•aso sPec￿y).
779
1.328
60
TOTAL
925
1.388
Pl•as• provld• th• numb•r of truste•s rnlmburs•d for •xp•ns•s or who had •xp•ns•s
pald by th• charlty
Trangactlon{3) wlth related path$
Please glve detslls of any transactlon undertaken by (or on behalf OQ the chartty In whleh a rdated party has a materlal Interes¢ Indudlng vthern funds have been held as agent
for rnlated partlos. If there are no such transactlon3. please •ntor true, In the box provId￿.
Thlg year
Th•r• hav• b••n no r•lat•d party transactlons In th• r•portlng p•rlod (Tru• or Fals•)
FALSE
Nam• ofth• trusts•
or r•latsd party
R•lallonshlp
*) charlty
D•scrfixkM of th•
transactlon15)
Balane• at
rlod •nd
Provlslon for bad d•bts at p•rlod
•nd
Amount
Amourrt5 Wr￿•n off durlng
reportlng perlod
Marla Chambers
Plrchases rn&le Ixhal
Oft￿ Chan
Pirchases mrAle tehal
of the Chan
'rectorffnJstse
3,077
Katalln H•godus
Directorffru¥te•
relatlon to the transactlons above. please provlde the
terms and condltlons, Includlng any s•¢urfty and tho
nature of any payment (eonslderatlon) to be provldod In
settl•mMt.
These tran5ations were in relation lo the Frtwchase of items Ihat require creijl cafd. The chafity cannot have a cretht card as it only pemwts
transact￿n5 with dual 51gnature. The expense forms ale checked by anoth8r Trustee before r81ml￿r5eM0nt. Exp8ns05 are r8in*AW50d at cost.
For any related party. pleasa provldo detalls of any
guarant￿8 glvon or rneelvad.
Last year
Th•r• hav• b••n no r•lat•d party tran5acilons In th• r•portlng p•rl¢)d (Tru• or False)
FALS
Nam• of th• trus1••
or rnlated party
R•lailonshlp
charlty
D•scrfObn of th•
transactlon(s)
Balanc• at
perlod •nd
Provlslon for bad d•￿$ at p•rlod
•nd
Amount
Amounts wrltt•n off durlng
r•portlng p•rlod
Marla Chamb•rg
Purcha8aJ m&lo tehal
of the Chan
PU￿haS08 m&le l*hal
oflkn Chan
DlrectOflTrustee
Katalin Heg•dus
'reciorffrustee
relatlon to the transactlons above. please pmvlde the
twms and condltlons, Includlng any 3Kurtty and th•
naturn of any paymont (¢onslderatlon) to be prnvlded In
s•ttlomonL
These transations were in relation lo tho wrchase of rtoms that roquire credit card. The charbty cannot a cre(lit caftl as it only pemwls
transactions Wbth thal signatufe. The expenso fNms are chécked ￿ ￿0th01 TNst8e befDre re1ml￿rS9Menl. Expons85 we r8imtxKsed * cost.
For any related patyj please provldo detalls of any
guarantees glven or recelved.
17

51812021
Scan 20210428.png
CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report
on the accounts
Section A
Independent Examiner's Report
Report to the
trusteesldirectorsl
members of
HUNGARIAN CULTURAL ASSOCIATION
On accounts for the year
ended
3110812020
Charity no.:
1144110
Company no.:
7606402
Set out on pages
I report to the charity trustees on my examination of the accounts of the
Company for the year ended 3110812020.
As the charity's trustees of the Company (who are also the directors of the
company for the purposes of company law), you are responsible for the
preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to
be audited for this year under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examination of your
charity's accounts as Garried out under section 145 of the Charities Act 2011
("the 2011 Act"). In carying out my examination, I have followed the
Directions given by the Charity Commission (under section 145(5)(b) of the
2011 Act.
Responsibilities and basis
of report
Independent examiner's I have completed my examination. I confirm that no material matters have
statement
come to my attention (other than that disclosed below ') which gives me cause
to believe that:
accounting records were not kept in accordance with section 386 of the
Companies Act 2006; or
the accounts do not aGcord with such records. or
the accounts do not comply with relevant accounting requirements under
section 396 of the Companies Act 2006 other than any requirement that the
accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination; or
•the accounts have not been prepared in accordance with the Charities SORP
(FRS102).
I have no COn￿rnS and have come across no other matters in connection with
the examination to which attention should be drawn in this report in order to
enable a proper understanding of the accounts to be reached.
Please-delete the words in the brackets if they do not apply.
Signed:
Date:
2011
IER

51812021
Scan_20210428 (2).png
Name:
PETER SIMON DAVEY
Relevant professional
qualification(s) or body
(if any):
Address:
19 THE RIDGEWAY
FETCHAM
SURREY KT22 9BB
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Give here brief details of
any items that the
examiner wishes to
disGlose.
NONE
IER