Charity no- 1154664 ROBERT COLLEGE UK RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021 ROBERT COLLEGE UK CONTENTS FOR THE YEAR ENDED 30 JUNE 2021 Page Tru5tee5' Re￿rt Independent Eiaminerf5 RekW( Statement of Assets and Ltabilities Receipts and Payments Account Notes to the accounts ROBERT COLLEGE UK REFERENCE AND ADMINisfRATIVE DEfAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30JUNE 2021 Charlty Name: Robert Cotlege UK Regtstered Charity Number= 1154664 Charity Principal Addres5= Kuruce5me CAD no.. 87 Arnavutk Istanbul Turkty Trustees.. Emre Derman Kemal Askar Nina Lydia JOuk￿ky-KQprUlu Cem Usien Independent Examiners: Price Bailey LLP 24 Old Bond Street London Wis 4AP Bankers.. National Westminster Bank PIC 135 8i5hop5gate London EC2M 3UR ROBERT COLLEGE UK TRUSTEES, REPORT FOR THE YEAR TO 30 JUNE 2021 Objectives To advance education and training by providing and assisting in the prOv￿lon of facilities not required to be provided by the local education authority for education at Robert College of Istanbul. a ¢￿dUcatIOnal high school founded in 1863 tn 15tanbul, Turkey. To advance education and training by the provision of financial grants to students in financial need in order that they attend the Robert College of Istanbul and to asstst graduates of the Robert Colle8e of Istanbul in advancing further education. Strurture* governance and management Robert College UK is constrluted under a Trust Deed dated 20 November 2013. It is a regISte￿d charity no. 1154664. The Trustees who have served during the year and since the year end are set out on page l. Where there is a requirement for new Trustees. they would be identified and appointed by the remaining Trustees. The charity is organised so that the Trustees meet regularfyto manage its affairs. It does not employ any full or part-time staff but its administration is managed under the direction of the Trustees by consu￿antS. Risk Mana8ement The Trustees have examlned the major strategic. business and operational rrsks whlch the charity fa￿S and confirm that systems have been established to enable regular reports to be produced so that such risks are continuously monitored and that appropriate step5 tan be taken to le￿eTh these risks. Reserves pollcv The Trustees ensure there a￿ adequate reserves to meet liabilitie5 as they a￿ due. All of the £h3rit¢s funds as at 30June 2021 are general unrestricted fvnds which a￿ expendable at the discretion of the Trustees in furtherance of the objects of the charity. Reserves balance5 are rnonitored on a regular basis by the Trustees. who review the level of reserves in the light of fiilijrp fiAnding rpqiJirpmpnts_ Thp Trustpps consider the rÈsèrve at year end 30 June 2021 of £118,841 to be sufficient to settle the liabiltlies as they fall due for a perbod of 12 months. Grant making polky Grants are awarded to beneficiaries at the discretion of the Tru5tees- ensuring grants awarded are in lurtherance of the objects of the ch3rrty- Publlr Benefft The Trustees confirm that the activities of the chartty are carried OLrt, in line with its charitable objects, for the benefrt of the public and in accordance with the guidance in section 17 of the Charlties Act 2011. ROBERT COLLEGE UK TRUSTEES, REPORT FOR THE YEAR TO 30 JUNE 2021 The Trustees therefore confirm that they have due regard for the Charit￿S Commission's general guidance on public benefrt when setting the objects. and planning the activities, of the charity. Summary of main artivi¢ie5 undertaken Robert College UK engages irt fund raising activities to support education31 activities in Turkey of people uftiler the age ot 21 in such ways as the charity trustees think frt. including by awarding to such persons scholarship5, maintenance allowances or grants. Goln8 Cwcem The trLtstees are aware of the uncertainries which have arisen as a ￿SU[t of the COVID-19 Pandemic. The trustees are satisfbed that the charity has the resources to settle its liabilities as they f311 due for at least the next 12 months. Achlevements and perfom)an¢e Robert College UK was able to raise £165.27612020: £21￿35) during the year to be used for its charitable objectives. The Trustees report was approved and signed on behalf of all the Trustees by Cem Usten Date.. to. o?. IOZL ROBERT COLLEGE UK INDEPENDENT EXAMINER'S REPORTTO THE TRUSfEES OF ROBERT COLLEGE UK I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 June 2021 which are set out on pages 5 to 7. Responslbllllles and basls of report As the charitvs trustees you are responsible for the p￿paratIOn of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the chariws accounts tarried out under section 145 of the Act and In carrying out my examFnation I have followed all the applKable Directions given by the Charity Commission under sertion 14515llbl of the Act. Independent examlner's statemert I have completed my e￿Mination. I confirm that no mater￿1 mattels have come to my attention in connertion wrth the examination giving me cause to believe that in any rnaterial respect- accounting record5 were not kept in respect of the charity as required by section 130 of the Act: or the 8ccounts do not accord wrih those records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in th￿ report in order to enable a proper understanding of the accounts to be reached. Michael Cooper-Da¥is FCCA ACA For and on behaw of.. Price Bailey LLP Chartered Accountsnts 3, Floof 24 Old Bond Street London WIS 4AP Date: 24 May 2022 ROBERT COLLEGE UK STATEMENT OF ASSEfs AND LIABIUTIES AS AT 30 JUNE 2021 30June 2021 30 June 2020 Gift aid debtor Cash at bank 2,890 118,841 11,908 56.847 TOTAL ASSETS 121,731 Liatifrt Creditors 3.180 3.090 The Accounts were approved and signed on behalf of all the T￿￿tee5 by Cem Usten Date: Z@. 05.1011 ROBERT COLLEGE UK RECEivfs AND PAYMENTS ACCOUNT Yearto 30Junt 2021 Yearto 30June 2020 Total recelpts Donations Gift Aid 153,283 11,993 21.835 165.276 21,835 Payments Payments dlrertfyfvr chontablepuryoses Charitable activtties I￿.165 80.213 1th),165 80.213 Payments Jor thefurtheronce oAthe chorf1￿$ objertfves Independent examination fees Other costs 3,096 21 1.602 321 3.117 1,923 Total Payments 103,282 82,136 Net (de¢￿aSe) / increase in osh in the year Cash reserves brought forward 61.994 160,3011 117,148 56,847 Cash reserves carr*d forward 118,841 56.847 All the Trusvs funds are unre5trtrted fund5 ROBERT COLLEGE UK ACCOUNTS FOR THE YEAR TO 30JUNE 2021 Accountlng Pollaes: The receipts and payments account has been drawn up as a summary of the receipts and payments made during the year by the charty. Amounts are included as receNed by the charity or as the cheques a drawn. The receipts and payments account and statement of a55ets and liabilities have been prepared following the guidance for accounting for smaller charities issued by the Charity Commission.