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2021-12-31-accounts
Trustees Novak Djokovic
Jelena Djokovic
David Lumley
Secretary Temple Secretarial Limited
Charity number 1147341
Company number 07980355
Registered office Third Floor
20 Old Bailey
London
EC4M 7AN
Auditor Lewis Evans Partnership LLP
The Oaks
3Village Road
West Kirby
Wirral
CH48 3JN
Bankers Adam 8 Company pic
6Adelaide Street
London
WC2N 4HZ
Solicitors Withers LLP
20 Old Bailey
London
EC4M 7AN

Page
Trustees'
report		 1-5
Statement oftrustees' responsibilities
Independent
auditor's		 report 7-10
Statement offinancial activities 11 - 12
Balance sheet
Statement ofcash flows 14
Notes to the financial statements 15-26

Current financial year Current financial year Current financial year
Unrestricted Unrestricted Total Total
funds funds
general designated
2021 2021 2021 2020
Notes F K F
Income from:
Donations
and		 legacies 2,414 1,052,166 1,054,580 293,509
interest income 284 284 167
Total income 2,698 1,052,166 1,054,864 293,676
Ex enditure on:
Raising funds 10,466 10,466 13,194
Charitable
activities		 245 442,279 442,524 987,540
Total expenditure 245 452,745 452,990 1,000,734
Net gains/(losses) on investments 10 34,596 34,596 (31,191)
Net incoming/(outgoing) resources 2,453 634,017 636,470 (738,249)
Other recognised gains and losses
Other gains or losses (19,630) (19,630) (1,630)
Net movement in funds 2,453 614,387 616,840 (739,879)
Fund balances at 1 January 2021 91,885 1,069,051 1,160,936 1,900,815
Fund balances at 31 December 2021 94,338 1,683,438 1,777,776 1,160,936

Unrestricted Unrestricted Total
funds funds
general designated
Notes 2020
F		 2020
F		 2020f
Income from:
Donations
and		 legacies 12,638 280,871 293,509
interest income 64 103 167
Total income 12,702 280,974 293,676
Ex enditure on:
Raising funds 13,194 13,194
Charitable
activities		 234 987,306 987,540
Total expenditure 234 1,000,500 1,000,734
Net gains'(losses) on investments 10 (31,191) (31,191)
Gross transfers between funds 2,144 (2,144)
Net incomingl{outgoing) resources 14,612 (752,861) {738,249)
Other recognised gains and losses
Other gains or losses (1,630) (1,630)
Net movement in funds 14,612 {754,491) (739,879)
Fund balances at 1 January 2020 77,273 1,823,542 1,900,815
Fund balances at 31 December 2020 91,885 1,069,051 1,160,936

2021 2020
Notes E
Cash flows from operating activities
Cash generated from/(absorbed
by)		 22
operations 454,644 (756,515)
Investing activities
Proceeds on disposal of investments 1,300,000
Investment income received 284 167
Net cash generated
from investing
activities 284 1,300,167
Net cash used in financing activities
Net increase
in		 cash and cash equivalents 454,928 543,652
Cash and cash equivalents at beginning ofyear 649,859 106,207
Cash and cash equivalents at end of year 1,104,787 649,859

Unrestricted Unrestricted
funds funds
designated designated
2021 2020
Fundraisin and ublicit
Support costs 4,451 4,680
Investment mana ement 6,015 8,514
10,466 13,194

Charitable Charitable
Expenditure Expenditure
2021 2020
Grant funding ofactivities (see note 6) 401,500 951,319
Share ofsupport costs (see note 7) 3,171 35
Share ofgovernance costs (see note 7) 37,853 36,186
442,524 987,540
Analysis
by		 fund
Unrestricted funds - general 245 234
Unrestricted funds - designated 442,279 987,306
442,524 987,540
Grants payable
2021 2020
E
Grants to institutions:
NDF Serbia 401,500 951,319

Support Governance 2021 Support Governance 2020
costs costs costs costs
f
Bank charges 62 31 93 70 35 105
Computer
8		 ITsupport 3,140 3,140
Subscriptions 4,420 4,420 4,645 4,645
Audit/Independent
examination fees 6,300 6,300 2,700 2,700
Legal and professional 5,177 5,177 7,068 7,068
Accountancy fees 25,560 25,560 25,560 25,560
Other administrative
charges 266 266 269 269
Insurance 519 519 554 554
7,622 37,853 45,475 4,715 36,186 40,901
Analysed
between
Fundraising 4,451 4,451 4,680 4,680
Charitable
activities		 3,171 37,853 41,024 35 36,186 36,221
7,622 37,853 45,475 4,715 36,186 40,901

2021 2020
Number Number

Unrestricted Unrestricted
funds funds
designated designated
2021 2020
F
Revaluation of investments 34,596 {31,191)
11 Other gains or losses
Unrestricted Unrestricted
funds funds
designated designated
2021 2020
Foreign exchange losses 19,630 1,630

Fixed asset investments
Listed Property Cash in Total
investments portfolio
Cost or valuation
At 1 January 2021 409,471 5,163 25,642 440,276
Additions 20,542 29,623 (50,165)
Valuation
changes		 22,051 1,037 23,088
Investment
income		 8,723 177 18 8,918
Management
fees		 (3,426) (3,426)
Transfers (2,526) (6,352) 8,878
Disposals (66,929) 66,929
At 31 December 2021 391,332 29,648 47,876 468,856
Carrying
amount
At 31 December 2021 391,332 29,648 47,876 468,856
At 31 December 2020 409,471 5,163 25,642 440,276
2021 2020
Investments
at fair value comprise:
Equities 252,350 215,076
Fixed interest securities 138,982 194,395
Alternative
investments		 29,648 5,163
Cash held within the investment portfolio 47,876 25,642
468,856 440,276

13 Financial Financial instruments 2021 2020
Carrying amount offinancial assets
Instruments measured at fair value through profit or loss 468,856 440,276
14 Debtors
2021 2020
Amounts falling due within one year:
Amount owed by parent undertaking 17,327
Other debtors 210,433 56,174
210,433 73,501
15 Creditors: am ounts
f		 alling due within one year
2021 2020
E
Accruals and deferred income 6,300 2,700
16 Share capital 2021 2020
Ordinary share capital
Issued and fully paid
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18 Analysis of net assets Analysis of net assets between funds
General Novak Total General fund Novak Total
fund Djokovic Djokovic
donation donation
fund fund
2021 2021 2021 2020 2020 2020
E E
Fund balances at 31
December 2021 are
represented by:
Investments 468,856 468,856 440,276 440,276
Current assets/
(liabilities) 94,338 1,214,582 1,308,920 91,885 628,775 720,660
94,338 1,683,438 1,777,776 91,885 1,069,051 1,160,936

Cash generated
from		 operati ons 2021f 2020
F
Surplus/(deficit)
for the		 year 636,470 (738,249)
Adjustments
for:
Investment
income recognised		 in statement offinancial activities (284) (167)
Foreign exchange differences (19,630) (1,630)
Fair value gains and losses on investments (34,596) 31,191
Investment
management		 fees paid from funds invested 6,016 8,514
Movements
in working		 capital:
(Increase)
in debtors		 (136,932) (56,174)
Increase
in creditors		 3,600
Cash generated
from/(absorbed		 by) operations 454,644 (756,515)