#
##
##
|Trustees|Novak Djokovlc|
|---|---|
||Jelena Djokovic|
||David Lumley|
|Sgcr€tary|Temple Sscretarial Limlted|
|Ch6rltynumb€l|114734',||
|Companynumber|07980355|
|RBgEtorrd otflco|ThirdFloor|
||20 Old Bailey|
||London|
||EC4M 7AN|
|lndopendent oxamin6r|L€wis EvansParlnershipLLP|
||The Oaks|
||3VillageRoad|
||WestKirby|
||Wrral|
||CH48 3JN|
|Bankers|Adam&Companyplc|
||6AdelsideStreet|
||London|
||WC2N4HZ|
|Solicitors|WthersLLP|
||20 Old Bailey|
||London|
||EC4M 7AN|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Currentflnanclal year|||||||
|---|---|---|---|---|---|---|
||UnrestdctedUnrastricted|||TotaI||Total|
|||funds|
funds||||
|||genBraldesignat6d
2020
2020||2020||2019|
||Notss|e|E|e||c|
|t!ca!n93!C-e!!!9w!neEh-tc4;|||||||
|Oonations and legacies|2|'t2,638|280,871|293,509||3|
|lnterestincome|3|64|,o:|167|||
|Other incom6|4|||||560
J|
|Totalincome||12,702280,9?4293,676||||7,494|
|E:.pcrdiE-re-eg
Raising funds|5||'13,194 13,194|||29,909|
|Charitableactivities|6|234|987,306987,540|||42,029|
|Totalresoulces expended||2341,000,500||1,000,734||71,938|
|Net gains/(losses) on investments|11||(31,191)(31,191)197,807||||
|Netincoming rcsourcosboforetransfer€||12,468|(75O,7',t7)(738,249)|||'133,363|
|Grosstransfersbetweenfunds||2,144|(2,144)||||
|Netincomlng rcsourcas||14,612(752,861)||(738,249)||133,363|
|otherrccognisedgainsand losses
Othergalnsor losses|12||(1,630) (1,630)|||
(647)|
|Netmovementinfunds||14,6',t2|(7s4,4511|(739,879)||132,716|
|Fund balancesat 1January 2o2o||77,273|1,E23,542|1,900,815|1,768,099||
|Fundbalancssat3,December2020||91.88s|1,069,051|1,160,936|1,900,815||
##
##
##
|Prlorflnanclal year|||||||
|---|---|---|---|---|---|---|
|||Unrcstdctod Unr€strictod||||Total|
|||funds|
funds||||
|||generaldeBlgneted
2019
2019||||2019|
||Notes|€8||||E|
|lncomoandendowments from:|||||||
|Oonations and legacies|2|3,357||||3,357|
|lnterestincome|3|577||||577|
|Other income|4||3,560|||3,560|
|Total income||3,934
3,560||||7,494|
|ExDendltuteon:|||||||
|Raisingfunds|5||29,909|||29,909|
|Charitable activities|6|293|41,736|||42,029|
|Totalresources oxpend6d||293|71,645|||71,938|
|Net gains/(losses) on investments|,11||197,807||197,E07||
|Netincoming rcsourcesbeforetansfers||3,641129,722|||133,363||
|Netincoming resources||3,641129,722|||133,363||
|Otherrccognised galns and losses
Othergainsor losses|12|5,43s|(6,0E6)|||
(647)|
|Netmovomentinfunds||9,060|123,636||132,716||
|Fund balancesatIJanuary2019||68,193|1,699,906|1,768,099|||
|Fundbalancosat31Decembo.2019||77,273|1,823,542|1,900.8'15|||
##
##
##
|||2020||2019||
|---|---|---|---|---|---|
||Notes|€|E|e|e|
|Fixedassets||||||
|lnvestments|t3||440,276||1,779,S81|
|Curentassets||||||
|Debtors|t5|73,501||17,327||
|Cash at bank and in hand||649,859||106,207||
|||723,360||123,534||
|Credltors: amountsfallingduewithin
oneyear|t6|(2,700)||(2,700)||
|Netcunentassets|||720,660||120.834|
|Totalassetslesscurrentliabilities|||1,160,936||1,900,815|
|lncomefunds||||||
|Unrestrictedfunds||||||
|Designated funds:||||||
|Novak Djokovic donationfund||'1,069,051||1,823,542||
||18|1,069,051||1,823,542||
|General unrestrictedfunds||91,785||77,'173||
|Share capital||100||100||
||||1,160,936||1,900,8'15|
||||1,160,936||I,900,815|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donationsandlegacles||||
|---|---|---|---|
||Unrostricted Unrestrictod
tunds
funds|TotalUnrestricled
funds||
||generaldesignated
2020
2020
€e|2020
e€|general
2019|
|Donations andgifts|12,638280,871|293,509|3,357|
##
##
##
|Unrestri ctedUnrcstricted
tunds
funda|TotalUnrestrictod
fund6|TotalUnrestrictod
fund6|
|---|---|---|
|genoralde3lgnated
2020
2020
fe|2020
€e|gen6rzll
2019|
|'103
64|to/||
##
|TotalUnrestricted|
|---|
|funds|
|designated
2020
2019|
|€t|
|3,560|
##
||UnrestrlctedtJnrestricled|UnrestrlctedtJnrestricled|
|---|---|---|
||funds|funds|
||designataddesignated
2020
2019
te||
|Fundraisino andpublicitv|||
|Support costs|4,680|19,901|
|lnvestment manaoemenl|8,514|10,00E|
||'13,194|29,909|
##
##
##
##
|6|Charitableactivitios|||
|---|---|---|---|
|||CharitableCharitable||
|||ExpenditureExpenditure
2020
20.t9||
|||€€||
||Granttundingofactivities(see note 7)|951,319||
||Share of supportcosts(see note 8)|35|3,780|
||Shareotgovernance costs (seenote8)|36,186|38,249|
|||987,540|42,029|
||Analysisbytund|||
||Unrestricted funds - general|234|293|
||Unrestricted funds - designated|987,306|41,736|
|||987,540|42,029|
|7|Grantspayable|||
|||2020|2019|
|||e|€|
||Grantsto inslitutions|||
||NDF Serbia|951,319||
##
##
##
|Support costs|||||||
|---|---|---|---|---|---|---|
||Suppolt Govemance
costs
cosb||2020|SupportGovernanoe
costs
costs||2019|
||C€||c|ee||e|
|Staffcosts||||7,327|3,664|10,991|
|Bank charges|7A||105|231|115|346|
|PR, media&advertising||||10,800||10,800|
|Travel, hotels,|||||||
|subsistence||||||2|
|Subscriptions|4,645||4,645|5,321||5,321|
|lndependent|||||||
|examinationfees||2,740|2,700||3,150|3,150|
|Legal andprofessional||7,068|7,068||4,970|4,970|
|Accountancy fees||25,560|25,560||26,022|26,022|
|Other administrative|||||||
|charges||269|269||328||
|lnsurance||554|554||||
||4,715|30,186|40,s01|23,681|3E,249|61,930|
|Analysedbetween|||||||
|Fundraising|4,680||4,680|19,901||19,901|
|Charitable activities||36,186|J0,zzI|3,780|38,249|42,029|
||4,715|36,166|40,901|23,661|38,249|61,930|
##
##
##
##
##
||2020|2019|
|---|---|---|
||Number|Number|
|Total|||
|Employmentcosts|2020|2019|
||C|e|
|\i\lages and salaries||8,718|
|Social security costs||1,'106|
|Otherpensioncosts||1,167|
|||10,991|
##
##
##
##
|||UnrostrictedUnrestricted|
|---|---|---|
|||funds
funds|
|||designateddesignated
2020
2019|
|||fE|
|Revaluatlon|ofinvestments|(31,191)
197,807|
|12|Othergains or losses|||||
|---|---|---|---|---|---|
|||Unrcstrlctod
funds|TotalUnrestrictedUnrestricled
funds
funds||Total|
|||deslgn8t8d
2020
e|2020
fce|generaldesignated
2019
2019|2019
e|
||Foreign exchangegains|1,630|1,630|(5,439)6,086|647|
##
##
##
||Listed
investments|Propsrty|Cashin
portfolio|Total|
|---|---|---|---|---|
||e|e||€|
|Cost orvaluation|||||
|At1January2020|1,659,867||120,114|1,779,981|
|Additions|1'17,411|4,672|(122,083)||
|Valuation changes|(57,s88)|491||(s6,897)|
|lnvestmentincome|25,477||229|25,706|
|Management fees|||(8,s14)|(E,s14)|
|Trangfers|(25,477)||25,477||
|Disposals|(1,310,419)||1,310,4'19||
|Wthdrawals|||(1,300,000)|(1,300,000)|
|At 31 December 2020|409,471|5,163|25,642|
440,276|
|Carrying amount|||||
|At3'lDecember 2020|409,471|5.163|25,642|440,276|
|At31 Oecember 2019|1,659,867||120,114|'I,779,981|
||||2020
e|2019t|
|lnvestmentsatfairvaluecomprise:|||||
|Equities|||215,076|969,611|
|Fixed interestsecurities|||1%,395|690,256|
|Property|||5,163||
|Cash held withintheinvestmentportfolio|||25,642|120,114|
||||440,276|1,779,981|
##
##
##
##
|14|Financialinstruments|2020t|20.t9
e|
|---|---|---|---|
||Carrylng amountofllnanciala$ots|||
||lnstrumentsmeasured at fair valuethroughprofitor loss|440,276|'1659,867|
|'15|Debtors|||
|||2020|2019|
||Amounta fallingduewithinoneyear:|e|€|
||Amount owed byparentundertaking|17,327||
||Other debtors|56,174||
|||73,501|17,327|
##
|16|Amounts owedbygroup undertakings relatetoamounts
Foundation(USA).
crsditors:amounts fallingduewilhinoneyear|dueattheyearend fromtheNova|kDiokovic|
|---|---|---|---|
|||2020|2019|
|||e|E|
||Accrualsand deferred ihcome|2,700|2,700|
|17|Sharecapital|2020|2019|
|||e|e|
||Ordinarysharecapital|||
||lssuedandtullypaid|||
||100ordinarysharesofe1 each|100|100|
##
##
##
##
##
##
|19|Analysisof netasseG|belweenfunds||||||
|---|---|---|---|---|---|---|---|
|||General|Novak|TotalGeneral fund||Novak|Total|
|||tund|DJokovic|||Djokovic||
||||donatlon|||donation||
||||fund|||fund||
|||2020|2020|2020|2019|2019|2019|
|||t|e|t|e|e||
||Fund balancesat31|||||||
||December 2020 are|||||||
||representedby:|||||||
||lnvestments||440,276|440,276||1,779,98'1|1,779,981|
||Currentassets/|||||||
||(liabilities)|91,EE5|628,775|720,660|77,273|43,561|120,834|
|||91,885|1,069,0s1|1,'160,93677,273||1,823,s42|1,900,81s|
##
##
##