## ## ## ## ||||Page| |---|---|---|---| |Legal and Administrative||Information|| |Report ofthe|Trustees||| |Independent|Auditors'|Report|| |Statement of|Financial|Activities|15| |Balance Sheet|||16| |Statement of|Cash Flows||17| |Notes to the|Financial Statements||18| ## ## |Trustee|||||Marisa Schiestl-Swarovski|Marisa Schiestl-Swarovski||(Chairperson)|(Chairperson)|(Chairperson)|(Chairperson)||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Helene Antonia
von Damm||||||||||| ||||||Evelyn
Haim Swarovski
(Appointment||||||25|Jan||2022)|| ||||||Anouchka
Rafail-Vogiatzakis||||(Appointment||||11||Feb 2022)| ||||||Paul van
Zyl (Resignation||21||Jan|2022)|||||| ||||||Jonathan
Edward|Michener||Baillie (Resignation|||||||24Jan 2022)| ||||||Lorenza (aka Mimma) Viglezio (Resignation|||||||||21|Jan 2022)| ||||||Teri Ellen Schwartz|(Resignation||||4 Feb|2022)||||| ||||||Melanic Grieder-Swarovski|||(Resignation||||4|Feb||2022)| |Director of||the Swarovski|||||||||||||| |Foundation|||||Jakhya Rahman-Corey||||||||||| |Registered||office|||1st Floor, Building|4 Chiswick|||Park,||||||| ||||||566 Chiswick
High|Road,|||||||||| ||||||London,||||||||||| ||||||W4 SYE||||||||||| |Bankers|||||HSBC||||||||||| ||||||9The Boulevard||||||||||| ||||||Crawley||||||||||| ||||||West Sussex||||||||||| ||||||RH10 1UT||||||||||| |Independent||Statutory||Auditor|Saffery Champness||||||||||| ||||||71Queen Victoria Street||||||||||| ||||||London||||||||||| ||||||EC4V 4BE||||||||||| |Company|Registration|||No.|08325666 (England|and Wales)|||||||||| |Charity Registration|||No.||1153618||||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---| ||||||||||Unrestricted| |||||||Unrestricted|Restricted|Total|&total funds| ||||||Note||||| |Income:|||||||||| |Donations
and legacies|||||2, 8|2,089,149|4,722|2,093,871|1,754,117| |Total Income||||||2,089,149|4,722|2,093,871|1,754,117| |Expenditure:|||||||||| |Expenditure|on charitable|||activities|3,8|1,622,186|4,722|1,626,908|1,613,007| |Tota I expenditure||||||1,622,186|4,722|1,626,908|1,613,007| |Net income||||||466,963||466,963|141,110| |Other (losses) /gains|||on foreign|||(11,270)||(11,270)|6,505| |exchange|||||||||| |Net movement||in|funds|for the||455,693||455,693|147,615| |year|||||||||| |Total funds
/|(deficit)||brought|||9,417||9,417|(138,198)| |forward|||||||||| |Total funds|carried||forward|||465,110||465,110|9,417| ## ||||2022|2021| |---|---|---|---|---| |||Note||| |Current assets||||| |Cash at bank and in|hand||1,122,387|564,424| |Prepayments||||32,500| ||||1,122,387|596,924| |Liabilities||||| |Creditors: amounts|falling due|||| |within one year|||(657,277)|(455,523)| |Net current assets|||465,110|141,401| |Creditors: amounts|falling due|||| |after one year||||(131,984)| |Net assets|||465,110|9,417| |Funds||||| |Unrestricted
funds||||| |General funds|||(16,773)|(184,677)| |Designated
funds|||481,883|194,094| |Total funds|||465,110|9,417| ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||Note|||| |Cash flow from operating|activities:|||||| |Net cash provided
by operating||activities||||| |and change
in cash and cash equivalents||||||| |in the reporting
period|||13||557,963|49,552| |Cash and cash equivalents|at the beginning|||||| |ofthe reporting
period|||||564,424|514,872| |Cash and cash equivalents|at|the end|ofthe reporting|period|1,122,387|564,424| ## ## ## ## ## ## ## ## ## ## ## ## |2|Voluntary|income||||| |---|---|---|---|---|---|---| ||||||2022|2021| ||Donation-Swarovski
AG||||1,506,854|1,283,694| ||Donated|service-Swarovski|North||80,252|105,910| ||America|||||| ||Donated|service-Swarovski|UK||294,860|286,208| ||Donated|service-D Swarovski||KG|82,376|70,392| ||Donation|—other funding|||124,807|7,913| ||Donation|- restricted|||4,722|| ||||||2,093,871|1,754,117| ## |3|Charitable
activities|||||| |---|---|---|---|---|---|---| ||Grant making||||2022|2021| ||||||E|E| ||UNHCR||||125,786|42,825| ||UNHCR (restricted)||||4,722|| ||UNICEF||||87,217|| ||The Nature
Conservancy||||87,217|| ||Teach for Thailand||||84,194|| ||Conservation
International||||87,217|42,895| ||Room to Read||||84,194|4,516| ||Teach for Austria||||84,194|| ||Design Museum||||65,413|64,342| ||Turquoise
Mountain||||84,194|| ||CFDA|||||116,110| ||Equal Justice Initiative|||||64,343| ||Blue Marine Foundation|||||64,343| ||UNFPA|||||4,517| ||VOW to End Child Marriage|||||(9,033)| ||Women for Women|||||42,825| ||Central Saint Martins|||||128,685| ||Mothers
2 Mothers|||||42,851| ||Fashion Council Germany|||||128,685| ||Young Minds|||||42,851| ||NationalAids
Trust|||||42,851| ||Womankind|||||17,200| ||ACE|||||42,851| ||Reserved for Action|Fund||||21,447| ||Creatives
for
Our|Future|(grants|to||| ||individuals)||||113,394|98,312| ## |3|Charitable
activities|||| |---|---|---|---|---| ||Grant making (continued)||2022|2021| ||||E|E| ||Employee
Engagement|(Ukraine||| ||UNHCR match)||21,746|| ||Whitechapel
Gallery||25,000|| ||Subtota
I grants||954,488|1,003,406| ||Support costs (see below)||603,621|564,758| ||Governance
costs (Note|4)|68,799|44,843| ||||1,626,908|1,613,007| ||||2022|2021| ||Support Costs:||E|E| ||Grant administration||400,677|413,708| ||Advocacy 8 Engagement||183,558|132,787| ||Finance and administration||5,152|5,920| ||Legal and professional||14,234|12,343| ||||603,621|564,758| ## ## |Governance|costs|||| |---|---|---|---|---| ||||2022|2021| ||||f.|E| |Legal, professional,||finance and administration|37,424|30,538| |Audit and|accountancy||16,020|11,040| |Other governance||costs|15,355|3,265| ||||68,799|44,843| |Included
above|is a notional cost off37,424 in respect ofdonated|is a notional cost off37,424 in respect ofdonated|services (2021:E30,538).|| |---|---|---|---|---| |Net income|/ (expenditure)|is stated after charging:||| ||||2022|2021| ||||E|E| |Auditors'
remuneration|||16,020|11,040| ## |6|Creditors: amounts|Creditors: amounts|due within|due within|due within|one year|one year||||2022|2021| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||E|E| ||Accruals||||||||||15,420|28,200| ||Grants payable|||||||||636,206||394,723| ||Other creditors||||||||||5,651|32,500| |||||||||||657,277||455,523| |7|Creditors: amounts||due after|||one year||||2022
f||2021
E| ||Grants payable|(due||within|1-2years)|||||||131,984| |||||||||||||131,984| |8|Funds|||||||||||| ||2022|||||Funds|b/fwd||Incoming|Resources|Gains/|Funds| ||||||||||resources|expended|(Losses)|c/fwd| |||||||||E|E|E|E|f| ||General unrestricted|||funds||(184,677)|||1,674,868|(1,487,046)|(19,918)|(16,773)| ||Restricted funds||||||||4,722|(4,722)||| ||Designated
funds:|||||||||||| ||Employee
programme||||||41,900|||(21,746)|1,097|21,251| ||Creatives for our|Future||||152,194|||261,651|(113,394)|5,547|305,998| ||Action Fund||||||||65,413||859|66,272| ||10'"Anniversary||||||||87,217||1,145|88,362| ||Total funds||||||9,41|7|2,093,871|(1,626,908)|(11,270)|465, 'I 10| ||2021|||||Deficit|||Incoming|Resources|(Losses)/|Funds| |||||||b/fwd|||resources|expended|Gains|c/fwd| ||||||||f||E|E|E|E| ||General unrestricted|||funds||(296,048)|||1,608,274|(1,514,695)|17,792|(184,677)| ||Designated
funds:|||||||||||| ||Employee
programme|||||45,100|||||(3,200)|41,900| ||Creatives for our|Future||||112,750|||145,843|(98,312)|(8,087)|152,194| ||Total funds|||||(138,198)|||1,754,117|(1,613,007)|6,505|9,417| ## ## ## |2022|||||||| |---|---|---|---|---|---|---|---| |||||Cash at bank|Other Current|Creditors|Total| ||||||Assets/||| ||||||Liabilities|Over 1year|| |||||E|E|E|| |Funds|||||||| |Unrestricted|||funds||||| |General||funds||640,504|(657,277)||(16,773)| |Designated|||funds|481,883|||481,883| |||||1,122,387|(657,277)||465,110| |2021|||||||| |||||Cash at bank|Current|Creditors|Total| ||||||Assets/||| ||||||Liabilities|Over 1 year|| ||||||E|E|| |Funds|||||||| |Unrestricted|||funds||||| |Genera|I|funds||370,330|(423,023)|(131,984)|(184,677)| |Designated|||funds|194,094|||194,094| |||||564,424|(423,023)|(131,984)|9,417| ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||||E|E| |Net (expenditure)
/||income for the reporting||period (as per the||| |statement|offinancial activities)||||455,693|147,614| |Adjustments
for:||||||| |Decrease|/ (increase)|in debtors|||32,500|(32,500)| |Increase
/|(decrease)|in creditors|||69,770|(65,562)| |Net cash|provided
by operating||activities||557,963|49,552| ## ## |nalysis ofchanges
in net|debt|||| |---|---|---|---|---| |2022|At|start of|Cashflows|At end of| |||yearf||year
E| |Cash||564,424|557,963|1,122,387| |Total||564,424|557,963|1,122,387| |2021|At|start of|Cashflows|At end of| |||year||year| |||E||E| |Cash||514,872|49,552|564,424| |Total||514,872|49,552|564,424| ##