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## CHARITY COMMISSION | FOR ENGLAND AND WALES
## Trustees’ Annual Report for the period
From 31/08/2022 Period start date To Period end date
30/08/2023
## Charity name: Open Culture Foundation
## Charity registration number: 1158450
## Objectives and Activities
|a||||
|---|---|---|---|
|Summaryofthe purposes of | Para 1.17
the charity as set out in its|||Ourslogan is “Artatthe service ofhumanity”
TheOpen Culture Foundation was|
|governing document|||established in 2014 to support and promote|
||||projects in the field ofecology, culture and|
||||art. One ofthe priorities ofthe Foundation is|
||||organizing exhibitions and educational|
||||activities.|
||||Artis what unites people of different cultures|
||||and ideologies around the world. From our|
||||sidewe tryto provide information support for|
||||cultural projects, as well as support|
||||educational and other projects related to|
||||environmental protection in every possible|
||||way. We strive to achieve ourgoals through|
||||close interaction with the media, publication|
|||||Ofvarious materials, lectures and other|
||||cultural events.|
|Summaryofthe main
| activities in relation to those|-1.17and
,||Partnered with BetterWorld Foundation 2
international events:|
|purposes for the public
benefit, in particular, the|||;
;
;
-Venice Film Festival|
|activities, projects orservices
identified in the accounts.|||,
s
~ Cannes Film Festival|
|||}||
|Statement confirming|Para 1.18||The trustees confirm thatthe Charity has|
|whether the trustees have|||complied with its duty in section 17 ofthe|
|had regard to the guidance|||Charities Act2011 to|
|issued by the Charity|||havedue regard to public benefitguidance|
|Commission on public|||published by the Charities Commission|
|benefit|||when reviewing itsaims|
||||and objectives and in planning future|
||||activities.|
Additional information (optional) You may choose to include further statements where relevant about: ee eee
|—e|Po|
|---|---|
||Para 1.38|
|Policyon social investment||
|including program related||
|investment||
||Para 1.38|
|Contribution made by||
|volunteers||
|See||
## Achievements and Performance
|pO|SRPreferencePO
As a partnerofthe BeterWorld Forum in|SRPreferencePO
As a partnerofthe BeterWorld Forum in|
|---|---|---|
|||Venice, theOpen Culture Foundation invited|
|||people toa series ofhigh-level events to|
|Summaryofthemain
achievements of the charity,|Pare1.20|promote ideasaboutsustainabilityasa
winning strategy forthe future.|
|identifying thedifference the||AttheCannes event,we try to be involved in|
|charity’sworkhasmadeto||creating a supportive policyand governance|
|the circumstances of its||frameworkforsustainable forestry and land|
|beneficiaries and anywider||use practices. This will provide a structured|
|benefits to societyas a||path forprotecting natural resources,|
|whole.||empowering focalcommunities, and aligning
withglobalsustainabilitygoals.|
## Additional information (optional) You may choose to include further statements where relevant about:
|Achievements against|Para 1.41|
|---|---|
|objectivesset||
|Performance offundraising
activitiesagainstobjectives||P3141|
|set||
P•a 1.41
agatr*t obje¢
Other
## Financial Review
|genipienatinnsff
financial position atthe end
of the period
Statementexplaining the
Para 1.22
Thesefunds are held tomeetany|genipienatinnsff
financial position atthe end
of the period
Statementexplaining the
Para 1.22
Thesefunds are held tomeetany|
|---|---|
|policy forholding reserves|unforeseen expenditure that may occur.|
|stating
they are held
|Amountofreservesheld
|Pam@t22— E1656
reeve**s**
eeee
reserveEi
a
deficit
Explanation ofany
Para1.23
uncertainties about the||
|charity continuing as a going||
|concem||
|Additional information (optional)||
|You may
choose to include furtherstatements|where relevant about:|
|The charity’s principal
sources offunds (including
|2 1.47||
|any fundraising)||
|investment policy and
objectives including any
Para 1.46||
|social investmentpolicy||
|adopted||
|Adescription ofthe principal
| Para 1.48
rome
See|||
## Structure, Governance and Management
|Description ofcharity’s|||
|---|---|---|
|trusts:|||
|Type ofgoverning document||Constitution adopted 17" March 2014|
|How is the charity|Para 1.25|Charitable incorporated organisation|
|constituted?||||
||"|||
|Trustee selection methods|Para 1.25|Every trustee must be appointed bya|
|including details ofany||resolution passed ata properly convened|
|constitutional provisions e.g.||meeting ofthe charity trustees|
|election to post orname of|||
|any person orbody entitled|||
|to appointone or more|||
|trustees|||
|Additional information (optional)|||
|You may
choose fo include further statements||where relevant about:|
|Policies and procedures
adopted forthe induction and||Par 1.51|j|
|training oftrustees|||
|The charity's organisational|||
|structure and anywider|Para 1.51||
|network with which the|||
|charity works|||
|Relationship with any related|| Para 1.51||
|parties|||
|es|||
## Reference and Administrative details
|Charity name
|
OpenCultureFoundation
Othernamethecharityuses||Charity name
|
OpenCultureFoundation
Othernamethecharityuses||Charity name
|
OpenCultureFoundation
Othernamethecharityuses||
|---|---|---|
|Registered charity|number||
|Charity’s principal|address|9 Burnham Court,|
|||Moscow Road,|
|||London W24SW|
|PT|||
Namesof the charity trustees who manage the charity
1[NatalyaResh [Chair| 2|LiubovPolvoda | | | CCCizC 3|TamaraRosenberg {|PE DQ Qa QO SD QOS ne DD OO a DO(OO ADaGO ( 1 S(O SO 5GD OC A OQ OO 5 a a aSO( DO a ( 2 2 Corporate trustees — names of the directors at the date the report was approved PCS [Duectorname es eneUU (On eG QO a a Se QO
## Name of trustees holding title to property belonging to the charity
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| Trusteename | Dates actedifnotforwholeyear [Cs
a (
es (OO
a OO
po
a S(O
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## Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects _ | Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## Additional information (optional)
## Names and addresses of advisers (Optional information)
Type of Name Address ————— Name of chief executive or names of senior staff members (Optional information)
## Exemptions from disclosure
Reason for non-disclosure of;— details
## Other~ information
## Declarations
The trustees declare that they have approved the trustees’ report above.
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Signed on behalfof the charity's trugtées
rn na
Chair, etc)
Pate!ate 10/06 [dO
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Ae FOR ENGLANDAND WALES
Receipts and payments accounts CC16a
For the period Te
from 31/08/2022 30/08/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
funds funds funds Tosatsttents nial
tothenearest £ to the nearest£ to the nearest £ to the nearest£ to the nearest£
Al Receipts
Reaee” ||eS |eS 2= |eee
(iBniis ReeS e e, |||5aEEPERSa) ||ae.eSEES 9)|| ee |es
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Sub total (Gross income for EE ||See |ES | |ee
AR)
A2 Asset and investment sales,
(see table).
ee
SSea ee
Sub total]
A3 Payments
MIee |ES |RE Ss |
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oeee 2ers: ees se |eee
isee i |ia |ES )oo |ee
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nnaeee |ees|ees fa |eee
eee Geeee" |||ee | E DS):| |
Subteteii-s. bboy fe iGen ieB [Sg)]
A4 Asset and investment
purchases, (see table)
ee
DP mee
Sub total |—--- =~ = +]
ASTransfersbetweenfundsNet of receipts(payments)| ROE |Cea |ESE:
A6Cashfundslastyearend | _- De) |eee
|1,656) |] | 1.856)
Cash funds this yearend| 1,856 eea |eS |ee
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CCXX Ri accounts (SS)
1
30/06/2024
# Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment funds funds funds to nearest £ to nearest £ to nearest £ Total cashtunds [aoe] __-|| (agree balances with recespts and payments accounts)) Unrestricted Restricted Endowment funds funds funds aa —[ to nearest £ to nearest £ to nearest £ _ —= Fund to which . Current value 1 asset belongs Cost (optional) optional) Fund to which Amount due When due - —~ =fiability relates optional =tional Signed by one or two trustees on ’ : Date of behaif of all the trustees Sig o; Poa approval
CCXX R2 accounts (SS)
2
30/06/2024