Dutch Centre- Annual Report 2023
Report of the Trustees and
Unaudited Financial Statements
for the year ended 31 December 2023
for
The Dutch Centre
(A company limited by guarantee)
Charity number 1156855
Company number 8503161

Dutch Centre- Annual Report 2023
Contents
Page
Report of the Trustees
3-10
Reference and Administrative Information
Objectives and Activities
The Year in Review
Achievemenls and Performance
Fundraising Activities
Financial Review
Structure, Governance and Management
Independent Examinerfs Report
Statement of Financial Activities
12
Income and Expenditure Account
13
Balance Sheet
15
Notes to the Financial Statements
16-18

Dutch Centre- Annual Report 2023
TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORT) FOR THE
YEAR ENDED 31 DECEMBER 2023
The trustees present their directors, report and unaudited financial statements of the charity for the
year ended 31 De￿mber 2023.
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Namg:
The Dutch Centre
Charity registration number:
1156855
Company number:
8503161
Registered office and operational address:
The Dutch Church
7 Austin Friars
London EC2N 2HA
Trustees and Members In 2023
Julielle Bogaers
Trustee
Edwin Welman
Trustee, Chair of the Board of Trustees, Church Council appointee and
Member (resigned 11 September 20231
Dutch Church
Member
Michiel (Mike) Kermer
Trustee and Treasurer
Frederik (Frits) Vogels
Trustee
Je8n-Jacques van Helten
Trustee
Ajal Notowicz
Trustee
Anton Valk
Trustee (appointed Chair of the Board of Trustees and Member 11
September 20231
Bertjan van de Lagemaal
Trustee, Church Council appointee
Christine Sas
Trustee (appointed 18 October 20231
Jeff Tijssen
Trustee (appointed 11 September 20231
Ellen-Lois Milan
Trustee (appointed 18 October 20231
Marinus Rovers
Trustee, Church Council appointee lappointed 18 October 20231
Hannah Altorf
Independent Member
8oaftl Secretary
JaniqLJe Koopman
Bankers
Nalwesl
288 Green Lane
Palmers Green
London
N13 5GA
Independent Examlner
Tilesh Patel BA FCA
THE SME CLINIC
7 Slrarford Place
London W1C 1AY

Dutch Centre- Annual Report 2023
OBJECTIVES AND ACTIVITIES
For over 470 years, the Dutch Church in Austin Friars, in the centre of the City of London, has been a
fixture and beacon for Dutch people living in Greater London.
To safeguard and ensure the health and purpose of this unique piece of Dutch heritage, the Kerkenraad
(Church Council) decided in 2010 to broaden the appeal of the Church beyond the religious community
in London. It invested in the fabric of the Church and created an attractive environment for a Dutch Centre
with the following objectives..
to educate the public in and promote Dutch arts, music, language and the Dutch cultural heritage, in
particular {bul without limitalionl by the provision of a Dutch cultural ￿ntre in London., and
• to advance and promote the preservation and conservation of the Dutch Church at Austin Friars for
the benefit of the public.
These objectives are contained in the Articles of Association of the Dutch Centre. In the exercise of their
duties and powers, the Iruslees have had due regard lo the guidance issued by the Charity Commission
on public benefit.
THE YEAR IN REVIEW
This is my first annual review as Chair, a position which l assumed in the autumn of 2023. For the Dutch
Centre, 2023 was a very special year as it was our 10, anniversary. Since its foundation in 2013, the
Dutch Centre has achieved over the past 10 years a solid reputation with visitors and has been able lo
punch above its weight in offering a superb high quality and diverse programme of activities which has
attracted a loyal base of visitors.
In November we celebrated this anniversary with a glittering festival showcasing the many fa￿lS of our
programming. Overall, in 2023 the Charity staged 22 high-quality events with wide ranging subjects,
which was a major achievement for our small executive team and programming committee. Aiming at
multiple different audience groups, of which only half were Dutch, these events had in common that they
represented the best of the Netherlands in culture, science, business, and society. In 2023 these events
attracted more than 2,000 visitors lo our home venue, the historical Dutch Church at Austin Friars in the
City.
The board of trustees also used this celebratory year to brainstorm about the strategic direction for the
next 10 years and lo invest a part of our reserves in attracting new audiences for our anniversary
celebrations. It is our aim that we will not only grow the number of visitors lo our events to 3,000 in the
ne8r future but also lo expand our partnerships with British organisalions to reach an even larger
audience. We also aim lo establish closer links with cultural and scientific establishments and broader
society in the Netherlands.
To kick start this strategic direction, the board increased the number of trustees to 11 by the end of the
year. These are now all active in subcommittees, joined by external experts and executive team
members.. Programming Committee, NCL Committee, Fundraising Committee and Marketing and
Communication Committee.11 is our aim that, in the long run, their activities will largely be taken over by
an enlarged executive team. Today that is not possible within the current financial means. 11 requires
additional funds which we will seek from traditional and new supporters.
All what we achieve at the Dutch Centre is realised by our highly motivated executive team, our
enlhusiaslic volunteers and the commitment of our hands-on members of the board of trustees. I want to
thank them for their extraordinary motivation, enthusiasm and commitment. In particular, I wish to
express our gratitude to Edwin Welman, my predecessor, for his leadership as chair during the past
years.

Dutch Centre- Annual Report 2023
ACHIEVEMENTS AND PERFORMANCE
Activities
The Dutch Centre was established to showcase, engage and inspire. We fulfilled this ambition in 2023
with a rich and varied programme of events that were informative, Ihoughl-provoking, engaging and
entertaining and attracted an audience of over 2,000 people lo our wonderful venue in Austin Friars. We
hosted 17 core events with another just for our Friends, and 4 Nededandse City Lunches. A highlight
was the Kings Day event in April where, together with other Dutch organisalions in the UK, we organised
a full day of family entertainment in and around our venue al Austin Friars. Vve estimate that some 1,200
people, not all of whom were Dutch Citizens, attended. Other programme highlights were as follows.
Films
The Low Countries Film Festival, the UK'S only Dulch-language cinema festival, has a tradition of
showcasing the best and newest Dutch and Flemish shorts, documentaries and feature films, followed
by talks with the film makers. In 2023 we screened 'Sweet Dreams, and 'When we lost lo the Gem7ans',
amongst others. Like every year in January, we teamed up with Shortcutz Amsterdam for
their Audience Award, an international competition lo choose the best Dutch short film of the year. 2023
marks the 1 Oth edition of the competition.
Muslc
In November over 100 guests were treated to a concert by the supremely talented family of Alexander
Warenberg Icellol, Maria Warenberg (mezzo soprano) and Nikola Meeuwsen Ipianol to celebrate the
1 Oih anniversary of the founding of the Dutch Centre. The Ambassador H.E Karel van Oosterom opened
proceedings and the concert was followed by a reception.
Talks
We hosted a number of tslks on a diverse range of topics ranging from the arts lo the legacy of
slavery. Of particular note were the following.
In February we hosted a hybrid event with both a live and streamed audience where we
explored the possibilities of slrenglhening British - Dutch cooperation in the textile and
fashion industry. Participants shared best practices in achieving a more sustainable
and transparent industry.
In October 2023 we hosted a lecture by Dr Amy Orrock, curator of the Rubens and
Women exhibition 8t the Dulwich Picture Gallery. The theme was the varied and
important role occupied by women, both real and imagined, in Rubens, wodd.
An evening with poet and novelist, Simone Alangana Bekono, one of the Nelhedands,
most exciting new literary talents, in conversation with Dr Hans Demeyer, Lecturer in
Dutch and Comparative Literature at University College London.
As fomier colonial powers from around the world come to terms with their role in the
slave trade, we organised a talk by Anton de Kom, whose book titled 'We slaves of Suriname,,
was a fierce indictment of racism and Dutch colonial rule.
Comedy
In December we were thoroughly entertained by author and comedian. Paulien Comelisse. She shared
her experien￿$ and comic observations about her role as teacher of Dutch at Sheffield University. 140
people allended.

Dutch Centre- Annual Report 2023
Activities (continued)
Theatre
As part of his residency at the Dutch Cenlre, 'total artist. Herman van Veen was joined by guitarist and
singer Edith Leerkes to perform a selection of songs and stories from his latest how, The Painter Sings.
This was 8 hugely popular event and attracted an audience of 140. South African singer Karin Hougaard
made a guest appearan￿ and a few days later starred in her own show at the Dutch Centre. Hemian
van Veen also curated an exhibition of his lalesl paintings in Austin Friars.
Of the 4 talks held under the Nederlandse City Lunche5 theme, the most popular was an evening talk
hosted by Tim de Wit and Arend Jan Boekestijn, previewing the forthcoming Dutch elections to be held
in November. The talk was part of their regular podcast series and broadcast live from the Dutch Centre
lo a live audience of over 100 people.
FUNDRAISING ACTIVITIES
As with most charities, the Dutch Centre is dependent on outside funding. The primary Sour￿ of funding
is event sponsorship. The trustees continue to work with the Embassy of the Kingdom of the Netherlands
in the UK to jointly develop a series of programmes and are very grateful to the Embassy for sponsorship
and other support provided. The environment for securing commercial sponsorship for events has proven
dtfficult in 2023. As part of the strategic review undertaken by the board in 2023, the programme of events
has been redesigned into themes with a view to making them more attractive to potential sponsors as
well as further increasing audience numbers. The fundraising committee has been refreshed with newly
appointed trustees to promote our offerings.
In addition lo Embassy and corporate support, the charity continues to benefit from individual donations
or by subscription to Friends memberships. The latter continue lo grow and the board thanks our Friends
Coordinator, Pia Rainey, for leading the programme to btx)st Friends, membership.
FINANCIAL REVIEW
This year, the Dutch Centre succeeded in staging a full programme of 17 core events and a further 4
lunchtime events under the Nederlandse City Lunches initiative. In addition, one event was held
exclusively for Friends. Some of the core events were part of an Autumn festival lo mark the 10th
anniversary since the founding of the Dutch Cenlre. These involved notable personalities with attendant
higher appearance fees and costs and, despite attracting lickeled audiences of over 100 levent, the
programme did not attract sufficient commercial sponsorship to enable our costs to be fully recovered. As
a result, the Dutch Centre incurred an operating loss for events of £6.3k. Fundraising proved difficult in
2023 but, all the same, the board sanctioned additional marketing and PR resources with the aim of
increasing awareness and our audience base for the future and this contributed to an increase in
overheads and miscellaneous expenses (excluding charitable donations) of £ 10.9k vs prior year. This
increase and the shortfall in funds raised resulted in an under recovery of overheads and miscellaneous
expenses of £13.6k and compounded the operating loss on events of £6.3k so that the total result for the
year was a loss of £19.9k.

Dutch Centre- Annual Report 2023
FINANCIAL REVIEW {continued)
The operating loss has reduced the charity's unrestricted reserves to £16.9k-. this includes £6.1k
received from the Nederfandse City Lunches legacy organisalion in 2022 and disclosed 8s a designated
fund in 20221 lo aid transparency) but which has now been absorbed into general unrestricted reserves.
The trustees are aware that reserves have fallen below the target of £30k sel by the reserves policy but
are resolved lo recover reserves to the target level within the next 3 years.
Looking ahead, the Iruslees have planned an ambitious programme in 2024 maintaining our focus on
high-quality events to attract both increased audiences and sponsorship and improve our financial
resources.
Sources of income
The Dutch Centre gratefully received support from the following organisalions and individuals in 2023
which was treated as income for the year..
Event Sponsorship
Netherlands Ministry of Foreign Affairs
ABN AMRO
Peppijn Visscher
Wereldschool
Henneken
Flying Dutchman
YES Expatcamp
Ad Bakker
David Bos
Ashley Burns
Anglo Netherlands
De Regenboog School
Richmond Dutch School
£29,565
£ 5,000
£ 500
£ 400
100
£ 350
£ 400
200
200
500
100
50
50
£37,415
9 events
Kings Day I Cello Biennale
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Kings Day
Individual support
Friends of the Dutch Centre
Donations
£ 2,540
(Excluding Gift Aid)
£ 6,735
In 2021 the Dutch Centre received sponsorship income from the Nelhedands Ministry of
Foreign Affairs of £3,100 for the Future of UKIDulch Urban Planning event and £3,200 for the
Waste Age event. £1,900 was re￿iVed in 2023 to sponsor an event with Babs Gons. All
these events were postponed and are now expected lo lake place in 2024. This income, less
any costs incurred for planning these events in 2023, has not been taken lo our profit and loss
statement for the year but treated as 'Advance Income Received, and deferred lo 2024 when
the events are planned lo be held and any additional income and costs will be accounted for.
See note 8 to the financial statements.
Other source of income are ticket sales and proceeds from consumables sold during events.

Dutch Centre- Annual Report 2023
Reserves Policy
The trustees have examined the charity's requirements for reserves in the light of the main risks
to the organisation and updated their policy in 2020
The Covid-19 pandemic highlighted the need for the trustees to retain sufficient reserves to
operate in a climate of great uncertainty, impacting our ability to both stage events and lo raise
funds. In the light of this experience, the trustees examined the financial impact of a number of
scenarios ranging from investing in a year of event planning and promotion without any events
taking place through to a full programme of events taking place but with ha￿ the historic run rate
of sponsorship or ticket sales income. The trustees evaluated the maximum exposure in these
scenarios to amount to £30,000 and resolved lo build up unreslricled funds to this level.
Unrestricted funds as at 31 December 2023 were £ 16,962 and trustees have resolved to
increase these funds to the target level of £30,000 within the next 3 years.
Investment Policy
The charity operates a current account with Nalwest bank through which the day lo day
operations are Iransacled. To date, surplus funds in the current account are not sufficient
to generate materi81 interest income and the trustees are of the opinion that they have not
warranted investment, given the near-lerm cash flow requirements. This policy is regularly
reviewed by the Iruslees.
STRUCTURE, GOVERNANCE and MANAGEMENT
The organisation is a charitable company limited by guarantee, incorporated on 24 April 2013
and registered as a charity on 29 April 2014. The company was established under a
Memorandum of Association which established the objects and powers of the charitable
company.11 is govemed by ils Articles of Association. In the event of the company being wound
up, the members are required lo contribute an amount not ex￿edIng £ 1.
According lo the Articles of Association, the charity's objectives are twofold. In the first place,
il aims to educate the public in and promote Dutch arts, music, language and the Dutch cultural
heritage, in particular by the provision of a Dutch cultural centre in London. In the second pla￿,
il aims to advance and promote the preservation and conservation of the Dutch Church at
Austin Friars for the benefit of the public. The trustees are in charge of the charity's operations
and ils members have a non-executive role. All members and trustees give their time
voluntarily and re￿1ve no benefits from the charity.
The Dutch Centre has its main address al the Dutch Church, 7 Austin Friars in London. It is also
the venue where the Dutch Centre normally holds ils events. To ensure its independence from
the Dutch Church, the Iruslees of the Dutch Centre appointed by the Church are not allowed by
the Articles of Association to form a majority of the Board. This is also reflected in the
composition of the membership of the charity. The Dutch Church is one of the three members
of the Dutch Centre. The other two members are the Chair of the Board of Trustees of the Dutch
Centre and a person independent of both Church and Dutch Centre.
The trustees will meet as often as required but not less than four limes a year. In 2023, the
trustees held seven meetings. The Dutch Centre's freelance Business Manager endeavours to
allend all Iruslee meetings as an observer. A General Meeting with Members is not required
under our constitution but members are represented at regular board meetings and the
Independent Member is invited lo attend from time to time.

Dutch Centre- Annual Report 2023
Structure, Governance and Management {continued)
The board of trustees apply the UK Charity Govemance Code and the Dutch Cultural Code of
Governan￿. A number of policies and procedures governing the conduct of the trustees and
ils representatives in performing the activities of the Dutch Centre have been developed. These
are kept under constant review.
In Autumn 2023, the chair led a strategic review to set the direction of the charity for the next 10
years with the aim of significantly increasing our audiences, developing partnerships with like-
minded organisations in the UK and developing closer ties with cultural and scientific
establishments and society in the Netherlands. To kick start this strategic direction, the board
increased the number of trustees to 11 by the end of the year. These are now all active in
subcommittees, joined by external experts and executive team members.. Programming
Committee, NCL Committee, Fundraising Committee and Marketing and Communication
Committee. It is our aim that, in the long run, their activities will largely be taken over by an
enlarged executive team. Today that is not possible within the current financial means. It
requires additional funds which we will seek from traditional and new supporters.
The Business Manager, Daphna Plaschkes, is engaged as and when required by the Dutch
Centre on the basis of a freelan￿ contract. She has been delegated responsibility by the board
to lake the lead in the preparation and execution of the event programme, in the representation
of the Dutch Centre among our cultural partners in the UK, and in a significant part of the
fundraising efforts for the Dutch Centre. Daphna is a valued and permanent member of our
executive team.
The Dutch Centre is a registered Charity for the purposes of the Charity Commission in the UK
as well as with HMRC for Gift Aid and as a general benefit inslilulion IAlgemeen Nut Beogende
Instelling, or ANS11 with a cultural objective Iculturele ANBII for the purpose of the Dutch tax
authorities. The Iruslees are mindful of the requirements of these regulatory bodies.

Dutch Centre- Annual Report 2023
Structure, Governance and Management {continued)
This report covers activities between 1 January 2023 and 31 December 2023. At the start
of the year, the following people were Member or Trustee..
Juliette Bogaers
Trustee and Chair of Programme & Matheling
Committee
Member
Trustee and Treasurer
Independent Member
Trustee, Chureh Council appointee
Trustee, chair of the Board of Trustees, Church
Council appointee and Member
Trustee
Trustee, board meeting Chair
Trustee
Trustee
Dutch Church
Michiel (Mike) Kermer
Hannah Allorf
Bertjan van de Lagemaat
Edwin Welman
Anton Valk
Ajal Nolowicz
Frederik IFritsl Vogels
Jean-Jacques van Hellen
The following resignations were accepted and appointments approved by the board..
11 September 2023.. Resignation of Edwin Welman as Trustee and Chair and
appointment of Jeff Tijssen as Trustee. Appointment of Anton Valk as Chair
and Member.
11 September 2023.. resignation of Marieke Albeda as Board Secretary.
18 October 2023.. Appointment of Marinus Rovers as Trustee (Church
Council appointeel and Christine Sas and Ellen-Lois Milan as Trustees.
20 November 2023. Appointment of Janique Koopman as Board Secretary.
This report has been prepared in accordance with the Statement of Recommended Practice
ISORPI applicable to charities preparing their report and accounts in accordan￿ with the
Financial Reporting Standard applicable to UK and Republic of Ireland IFRS 1021 leffeclive 1
January 20161- (Charities SORP IFRS 10211 and the Companies Act 2006. The Company has
taken advantage of the small companies, exemption in preparing the report above.
The trustees declare that they have approved the Iruslees, report (including directors,
report) above.
Signed on behalf of the charity's trusteesl directors
Chairman and Member
Date.. 11 September 2024
10

Dutch Centre- Annual Report 2023
INDEPENDENT EXAMINER'S REPORT to the TRUSTEES of THE DUTCH
CENTRE {charity no. 1156855)
I report lo the Iruslees on my examination of the accounts of the above charity for the year ended 31
December 2023.
As the Charity's Iruslees, you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 I'lhe Act").
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011
Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity
Commission under section 14515llbl of the Act.
I have completed my examination. I confirm that no material matters have come to my allenlion in
connection with the examination which gives me cause lo believe that in, any material respect=
the accounting records were not kept in accordance with section 130 of the Charities
Act., or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable requirements concerning the form and content
of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'lrue and fairf view which is not a matter considered as
part of an independent examination.
I have no concerns and have come across no other mallers in connection with the examination to which
allenlion should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Tilesh Patel
Fellow of the Institute of Chartered Accountants in England and Wales
THE SME CLINIC
7 Stratford Pla
London W1C 1AY
Date.. 11 September 2024

Dutch Centre- Annual Report 2023
Statement of Financial Activities for the year ended 31 December 2023
2023
2022
Notes
Unrestricted
Funds
Total Funds
Total Funds
Gross Income in the reporting
peri(xl
£68,756
£68,756
£77,193
Total Expenditure in the reporting
peri(xl
£88,680
£88,680
£68,152
Tax Payable
Nel Income l (lossl for the reporting
period
£119.924)
£119.924)
£9.041
Rgconciliation of Funds:
Total Funds brought forward
£36,886
£36,886
£21,720
Designated Reserves - specific
contributions less expenditure in the
year
£ Nil
£ Nil
£6,125
Loss for the reporting period
£119,924)
£119,924)
£9,041
Total Funds carried forward
£16,962
£16.962
£36,886
Detailed analysis of income and expenditure is provided in pages 13 and 14 of these accounts.

Dutch Centre- Annual Report 2023
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Funds Raised
Corporate donations
Individuals
Grants
Gift Aid
Overhead Subsid
Total Funds Raised
£0
£6,735
£0
£0
£0
£13,000
£9,313
£0
£903
£0
£6,73
£23.21
Income from Operations
Tickets Sold
Bar lake
Event sponsorship
other Income
£15,274
£2,715
£37,415
£6,617
£8,854
£5,895
£35,879
£3,349
£62.021
£53,977
Operations costs
Artists Fees
Artists Travel
Artists Hotel & Food
Facility Hire
Equipment Hire
Allocated Personnel
Event Consumables l Other
-£12,31
-£1,908
-£4,830
-£6,945
-£3,064
-£30,394
-£8.934
68,385
-£5,670
-£3,920
-£5,247
-£9,449
-£4,610
-£27.805
£217
56,484
Net Gainl (Lossl from Operations
6,36
2,50
Freelance Overhead
Web maintenance
PR Materials & Printing
Admin (incl Bank charges)
Governance
Total Overheads
Misc. Expenditure
Facilities Capex
Charitable Donations
Bad Debt Provision
Other
Totsl Misc. Expenditure
-£7,726
-£2,657
-£4,046
-£2,107
-£1,729
-£2,882
-£737
-£565
-£2,273
-£499
18,26
46,95
-£471
-£142
£0
-£1,417
-£629
-£2,393
£0
-£1,690
2,03
4,712
Net Income I
loss
19,92
13

Dutch Centre- Annual Report 2023
Notes to the Income & Expenditure Account
The Dutch Centre incurred an operating loss of £19.9k for the year. The major factors which have
contributed lo this result are as follows.
Funds raised declined by £16.5k, primarily due lo a lack of corporate donations. Some corporate
donations are secured by an agreement that spans 3 10 4 years bul all are accounted for in the year
of receipt. 3 corporate donations, lotalling £12k and covering the 3-year period ending 2025, were
received and accounted for in 2022.
This year, the Dutch Centre succeeded in staging a full programme of 17 core events and a further
4 lunchtime events under the Nederlandse City Lunches initiative. In addition, one event Was held
exclusively for Friends. Some of the events involved notable personalities with allendanl higher
appearance fees and costs and, despite attracting ticketed audIen￿S of over 100 levent, the
programme did not attract sufficient commercial sponsorship lo cover our costs and this primarily
accounted for an operating loss for events of £6.3k as compared with an operating loss of £2.5k in
2022.
Overheads and miscellaneous expenditure, excluding charitable donations, lotalled £20.2k and
were £10.9k higher than in 2022. This was primarily due lo a decision by the board to increase
marketing and PR resources lo boost awareness and future audience numbers. Governance costs
also increased.. in 2023 these included fees for independent examination of both the 2022 and 2023
report and accounts as well as reimbursement of travel costs incurred by the Chair in the pursuit of
his duties.
In 2022, the Dutch Centre donated nel proceeds from the Selma van de Perre event lo nominated
charities. This was not repeated in 2023 and accounts for the reduction in charitable donations of
£2.2k in 2023.
The charity does not employ staff. All activities are carried out by volunteers or people on a freelance
basis.
14

Dutch Centre- Annual Repoyt 2023
BALANCE SHEET AS AT 31 DECEMBER 2023
Notes
Assets
3111212023 3111212022
Notes
Liabilities
3111212023 3111212022
Current Assets
Natwest
Current Liabilities
Creditors
£30,297
£44,409
£12,360
£7,112
Paypal
Pell Cash
Total Cash
£0
£341
£30,639
£93
£251
£44,754
Advance Income received
£7,812
£10,315
£6,496
£0
£6,496
£9,560
£0
£9,560
Pre
ments
Total Debtors
Total Current
Assets
£37,135
£54,313
Total current Ilabllltles
£20.172
£17,427
Unrestrlcted Funds
Designated R8sorv8s
Unrestricted Funds
| Reserves blfwd
Tfr from Designated
Reserves
GainlLoss current
Reserves clfwd
Total Unrestricted Funds
£0
£6.125
£30,761
£21,720
£6,125
-£19,924
£16,962
£16.962
£0
£9,041
£30,761
£36,886
ear
Total Assets
£37,135
£54,313
Total Liabilities
£37.135
£54,313
The financial statements have b*n p￿pared in accordance with the accounting policies set out in the notes to the financial
statements and comply wth the Charity's governing document, the Charities Act 2011 and wtth the Financial Reporting
Standard applicable to the UK and Republic of Ireland IFRS 1021 (effective 1 January 20161- (Charities SORP IFRS10211
and the Companies Act 2006.
For financial year in question the company was entitled to exemption under section 477 of the Companies
Act 2006 relating to small companies. No members have required the company to obtan an audit of ics accounts
for the year in question in accordance with section 476 of the Companies Act 2006. The directors a¢knO￿edge
their responsibility lor complying with the requirements of the Act with respect to accounting records and for the
preparation of accounts. These accounts have been prepared in a¢cordan¢e w((h the provisions applicable to
companies subject to small Companies, regime.
Chairman and Member
Date: 11 September 2024
15

Dutch Centre- Annual Repoyt 2023
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied
consistently throughout the year and in the pr￿dIng year.
la) Basis of Accounting
The financial statements have been prepared in accordance with Accounting and Reporting by charities..
Statement of Recommended Practice applicable to charities preparing accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January
2016)- (Charities SORP IFRS1021) and the Companies Act 2006.
Ibl Fund Accounting
Unrestricted Funds are available for use at the discretion of the Trustees in furtherance of
the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subject to restrictions on their expenditure imposed by the donor or
through the tems of an appeal.
Icl Income
All incoming resources are included on the Statement of Financial Activities when the
charity is legally entitled to the income and the amount can be quantified with
reasonable accuracy. General sponsorship agreements span multiple years but the
income is accounted for in the year of r￿1p1. For legacies, enlillemenl is the earlier of
the charity being notified of an impending distribution or the legacy being received.
Voluntary income is re￿iVed by way of grants, donations, gifts and sponsorship and is
included in full in the Statement of Financial Activities when receivable. Grants, where
entitlement is not conditional on the delivery of a specific performance by the charity, are
recognised when the charity becomes unconditionally entitled lo the grant.
Grants re￿iVed bul which are conditional upon the delivery of specified performance
requirements are accounted for as the charity meets those performance requirements. The
amount of the grant that is received bul uneamed is Irealed as deferred income.
Donated goods, services and facilities are included al the value to the charity where this can
be quantified. The value of services provided by volunteers has not been included in these
accounts.
Id) Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes
any VAT which cannot be recovered and is reported as part of the expenditure to which il
relates.
Expenditure has been classified under headings that aggregate all costs related to the
category.
Governan￿ includes those costs incurred in connection with administering the charity in
compliance with constitutional and statutory requirements. These include trustee liability
insurance premiums, independent examination fees and trustee travel costs.
lel Foreign currencies
Assets and liabilities in foreign currencies are translated into steding at the rates of exchange ruling
al the balance sheet date. Transactions in foreign currencies are translated into sterling at the rale of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving al
the operating result.
16

Dutch Centre- Annual Repoyt 2023
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
2. Golng Concem
The trustees acknowledge that the charity relies on donations, grants and sponsorship to support its
continuing ability to fund events in pursuit of its aims and objectives. They also recognise that the
Embassy of the Kingdom of the Netherlands in the UK and the Dutch Church are key supporters and
maintaining a close relationship with both is critical to continued operations. The Covid-19 crisis in
2020- 21 obliged the Dutch Centre lo cancel or postpone a number of events. The trustees recognise
that the impact of further suspension of activities in any one year will t)olh temporarily stop the inflow
of income bul will also limit costs incurred lo some planning and promotional costs for future events
and consider that the resetves are sufficient to maintain viability for the foreseeable future.
3. Trustees Remuneratlon and Related Party Transactlons
No trustees received any remuneration during the year12022.. Nill- The current Chair is based in the
Netherlands and trustees agreed to reimburse travel costs up lo a designated limit for each trip
necessarily incurred in pursuit of his duties. The total amount reimbursed was £60012022.. Nill-
No Iruslee had any personal interest in any contract or transaction entered into by the charity during
the year12022.' Nil}.
The charity does not employ any staff. All activf(ies are carried out by volunteers or people
contracted on a freelan￿ basis.
4. Taxatlon
The charity is exempt from tax on its charitable activities. Gift Aid is accounted for in the year of receipt.
5. Cash at Bank and in Hand
The PayPal account is used lo collect prO￿edS from ticket sales. The amounts collected are
periodically transferred to the main operating current account held with Natwest Bank.
6. Dgbtors
Debtors represent ticket sales income and donations and sponsorship income pledged but not received as
at 31 De￿mber 2023.
7. Creditors
Creditors represent costs incurred but not settled prior to 31 December 2023.
8. Advance Incomg Rg¢9ived
In 2021 the Dutch Centre received SFX)nsorship income from the Netherlands Ministry of Foreign Affairs of
£3,100 for the Future of UKIDutch Urban Planning event and £3,200 for the Waste Age event. £1,￿0 was
received in 2023 to sponsor an event with Babs Gons. All these events were postponed and are now
expected to take place in 2024. This income, less any costs incurred for planning these events in 2023, has
not been taken to our proff( and loss statement for the year but treated as 'Advance Income Re￿ived, and
deferred to 2024 when the events are planned lo be held and any additional income and costs will be
accounted for.

Dutch Centre- Annual Repoyt 2023
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
9. Unrestricted Funds
The Dutch Centre incurred a loss of £19.9k for the year ended 31 December 2023 and has resulted
in a reduction of the charity's unrestricted funds lo £16.9k. The creation of a designated reserve in
2022 reflected a desire by the trustees to be transparent in recognising the receipt of funds from the
legacy Nededandse City Lunches organisation, when the Dutch Centre took over its activities. The
NCL events have formed a part of the Dutch Centre wre programme since 2022 and surpluses or
losses Irom operating this programme will be reflected in unrestricted reserves.
2023
2022
Unrestricted Funds brought forward
£ 30,761
£ 21,720
Transfer from designated reserves
£ 6,125
£ Nil
Surplus l {loss) for the year
Unrestricted Funds carried foNard
£ 16962
£30761
Designated Reserves brought forward
£ 6,125
£ Nil
Transfer lo unreslricled funds
£16,125)
£ Nil
Contribution from NCL organisation
£ Nil
£6,125
Expenditure in the year
£ Nil
£ Nil
Designated Reserves carried forward
£ Nil
Total Unrestricted Funds as at 31 D￿mber
£16962
£36 886
The Iruslees have resolved to recover the value of unrestricted resetves to the target level of £30k
over the next 3 years.
18