6 annex Section A: Reference and administration details Section B: Structure, governance, and management Section C: Objectives and activities Section D: Team Section E: Financial review and annual accounts Section F: Declaratio Annex 6 ## Section A: Reference and administration details Charity Name: Ukrainian Institute London Registered Charity Number: 1170753 Charity Address: 79 Holland Park, London, W11 3SW ## Section B: Structure, governance, and management The Ukrainian Institute London is a charitable incorporated organisation governed by a constitution. New trustees (apart from nominated trustees) are appointed by resolution of the charity trustees. The UIL is affiliated to the Ukrainian Catholic University, which may appoint up to two charity trustees. ## Section C: Objectives and activities The object of the Institute is to advance the education of the public in the United Kingdom by providing information and broadening knowledge about Ukraine and Ukrainians, in the realms of arts, language, literature, history, religion, culture and heritage, traditions, and current affairs, including by means of lectures, exhibitions, performances, and other cultural events. The trustees have had regard to the guidance issued by the Charity ## 6 Annex ## Section D: Tea The team of the Ukrainian Institute London in 2024–25: Director: Olesya Khromeychuk Operations Manager: Oksana Popova Programme Curator: Olga Sydorushkina Communications Officer: Anton Trofimchuk London Ukrainian Review Editor: Sasha Dovzhyk PR Officer: Maliek Banat (until December 2024) Creative Industries Advisor: Constance Uzwyshy Trustees: Ursula Woolley, Chair Igor Hordiyevych, Vice Chair and Treasurer Orys’a Marciuk, Secretary Rory Finnin, Trustee Andriy Kostyuk, Trustee Tetyana Nesterchuk, Trustee Dennis Ougrin, Trustee Anna Reid, Trustee (until Dec 2024) Konstantin Sivokhin, Trustee (from April 2025) Olha Zarichynska, Truste Patrons: Anne Applebaum Archbishop Borys Gudziak Yaroslav Hrytsak Natalie Jaresko Kirill Karabits Andrey Kurkov Bishop Kenneth Nowakowski Philippe Sands KC Annex 7 Ukrainian language teachers: Olena Hrechaniuk Iryna Ilnytska Olha Lupuliak Inna Lynchak Nataliia Marchenko Svitlana Nemyrovska Iryna Odrekhivska Volodymyr Oleyko Iryna Sandalovych Maria Semeniuk Olena Shatilova Yelyzaveta Taranukha Volunteers Maliek Banat, Valentyna Bilan, Olena Bielova, Danielle Craig, Khrystyna Doskochynska, Maryna Dubyna, Alex Fynn, Natalie Godec, Phoebe Hardinham, Aidan Jaskowiak, Catherine Jaskowiak, Camille McCarthy, Sof a Melnyk Sophia Oleksiyenko, Kateryna Olenska, Olena Osadcha, Olha Plyushch, Nataliia Protyven, Kieran Robinson, Liubomyra Rusiayeva, Andriy Shalennyi, Andriy Shevchuk, Olha Slobodianiuk, Dasha Tenditna, Constance Uzwyshyn, Anastasiia Zhelezk 7 Annex Section E: Financial review and annual accounts (FY24–25 Following a period of exceptional growth driven by increased public engagement, philanthropic support, and grant funding in response to Russia’s full-scale invasion of Ukraine, FY24–25 marked a year of consolidation and a renewed focus on long-term sustainability for the Ukrainian Institute London (UIL). While overall income decreased compared with FY23–24, the organisation continued to demonstrate financial resilience and a clear strategic direction In FY24–25, UIL’s total income amounted to £260,175, compared with £431,858 in FY23–24. This reduction reflects primarily the conclusion of the three-year core funding programme from the Open Society Foundations (a $180,000 grant awarded to support UIL’s core costs for the period April 2023 to March 2026, half of which was conditional on successful matchfundraising), as well as the completion of the English School for displaced Ukrainians project Together, these had provided substantial support to UIL’s growth and development in previous years. The Trustees view this change not as a contraction, but as a transition from a period of rapid expansion supported by exceptional funding to a more stable and balanced financial model based on diversified and sustainable income streams. We are extremely grateful to our volunteer accountant, Carol Thornhill, for her continued support in preparing our annual financial accounts, and for her invaluable guidance and expertise in charity finance throughout the year. We also welcome a new Independent Examiner, Veronika Vlahova, FCCA, who has reviewed Annex 7 ## Donation We are sincerely grateful to all those who support UIL through their generosity. In FY24–25, donations totalled £53,508, including individual donations, corporate sponsorship, and regular contributions through our Friends and Benefactors schemes. Over recent years, UIL has developed a strong and increasingly structured donor community. In FY24–25 the UIL received support from 110 individual donors, with 50 people signing up to make regular annual contributions through the Friends scheme, generating £5,019 in income. That year also saw significant support from major individual donors and sponsors, including £5,000 from Orys’a Marciuk and Ian Gaunt, £3,000 from Harald Binder, £7,000 in corporate sponsorship from Unicorn Data, and a total of £29,271 raised through This pattern of donations demonstrates the importance of cultivating a mixed donor base that includes individual giving, corporate sponsorship, and longer-term benefactor commitments. The UIL continues to place increasing importance on building sustained relationships with supporters. Rather than relying on short-term fundraising peaks, we aim to grow a stable community of Friends and Benefactors who commit to supporting UIL over several years. This approach enables stronger financial planning, reduces vulnerability to fluctuations in grant funding, and contributes significantly 7 Annex ## Income from charitable activitie Income from charitable activities remained the largest source of funding for UIL in FY24–25, totalling £173,213. This income derives primarily from the Ukrainian Language School, as well as from student fees for educational courses in literature, culture, cinema, and history, alongside ticket sales from cultural events and related programming. Income from educational courses in FY24–25 amounted to £132,790, confirming their position as the most important source of earned income for the UIL. This growth builds on a strong upward trajectory in previous years: revenue from student fees exceeded £121,000 in FY23–24, up from almost £100,000 in FY22–23. The continued increase reflects growing interest in learning the Ukrainian language and in exploring Ukrainian history, literature, and culture, and demonstrates the long-term sustainability Educational activity, in particular, continues to form the financial backbone of the organisation. It provides a consistent and reliable income stream that supports core costs and ensures that the UIL can maintain its programme delivery independently of fluctuating grant funding. Looking to the future, the UIL aims both to expand its range of educational courses and to professionalise existing provision Annex 7 ## Project fundin Restricted income from project funding was significantly lower in FY24–25 than in FY23–24. This reflects the completion of several major projects that were established in response to the full-scale war in Ukraine, most notably the English School for displaced Ukrainians, alongside the conclusion of other time-limited, grant-funded initiatives. During FY24–25, UIL continued to secure project-specific support for key cultural and publishing activities. This included funding for the publication of the London Ukrainian Review, supported by the Institute for Human Sciences (IWM). UIL also secured support for the annual Ukrainian Film Festival, including a grant from Film Hub London and corporate sponsorship from a range of supporters, including Bidvest Noonan Ltd, Principle Cleaning Services, Jaguar Building Services Ltd, SAY Property Consulting, Rapport Services, and Curzon Cinemas, alongside income generated through ticket sales. This combination of grant funding, sponsorship, and earned income enabled the UIL to deliver high-quality cultural programming while maintaining a diversified funding base. While grants remain an essential funding source for the UIL, they are recognised as time-limited and typically tied to specific projects. The Trustees therefore continue to prioritise the development of diversified income streams, including charitable activities, corporate sponsorship, and individual giving, in order to reduce reliance on restricted funding and strengthen financial stability 7 Annex Financial overview and planning for the futur The Trustees note that in FY24–25 the Ukrainian Institute London recorded total income of £260,175 and total expenditure of £299,137, resulting in a net deficit of £38,962 for the year. As of 31 July 2025, total funds carried forward amounted to £282,222, which includes reserves held in accordance with the UIL reserves policy. This reflects a year of planned consolidation following several years of rapid growth, during which expenditure was aligned with programme delivery and strategic The Trustees are satisfied that UIL continues to hold an appropriate level of reserves. Our reserves policy is to maintain sufficient unrestricted funds to cover at least six months of core operating costs, providing a prudent buffer against fluctuations The reserves held at year end remain in line with this policy and support the organisation’s financial stability. Looking ahead, the Trustees recognise the importance of continued investment in core capacity, including staffing, office infrastructure, and income-generation activity, to strengthen strategic planning, diversify income streams, and ensure organisational resilience. While most projects are funded through restricted grants, donations, ticket income, and corporate sponsorship, unrestricted funds remain essential for covering core operational and management costs and for ensuring the smooth and professional delivery of UIL’s activities Annex 7 The Trustees remain committed to securing longer-term funding for core operations through multi-year grants, sustained philanthropic support, and the continued development of the Friends and Benefactors schemes, alongside growth in earned income from education. After a period of rapid growth, FY24–25 marks a year of consolidation, strengthening the UIL’s foundations and placing the organisation on a more stable and sustainable footing. This phase positions the UIL to continue its work in the UK in a financially resilient, transparent, ## 7 77 ANNEXE Annexe | financial repor | FINANCIAL REPORT Statement of Financial Statement of Financial Charity registration Charity registration Activities to 31st July 202 Activities to 31st July 2025 no. 117075 no. 1170753 Balance Sheet ANNEXE | FINANCIAL REPORT 78 NfAes FY24-25 FY24-25 FY23-24 FY23-24 Fl¥•d •ss•ts Cuvrent assets 7 Debtors Cash at bank and In hand Tot•1 Cyrv•rt •$5•ts 2,227 286.000 1,085 330,647 288,227 331,732 8 Credltors.. amwnts fallln¥ due wlthln one year 16,0051 110,5481 N•t currnnt •ss•ts 282,222 321,184 282,222 321,184 Tot•1 Mt assets 282,222 321,184 Ih*Aty fun& 9 Restrlcted Unrestrlcted Total funds 4,863 277,359 282,222 10,883 310.301 321,184 ## 7 Annexe | financial repor Notes to the financial statements For the year ending 31 July 202 The Ukrainian Institute London is a CIO foundation, registered 14 December 2016 under charity number 1170753 ## 1. Accounting policie ## a) Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice. This is applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102 - effective 1 January 2015) - (Chariities SORP FRS 102) and the Companies Act 2006. The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially ## b) Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. ## c) Income - Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid is recognised Annexe | financial repor 8 ## d) Interest receivable Interest on funds held on deposit is included when receivable and when the amount can be measured reliably by the charity. This is normally upon notification of the interest paid or payable by the bank. ## e) Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken ## f) Expenditure Expenditure is included in the statement of financial activities on an accrual basis, inclusive of value added tax and it is allocated between expenditure incurred in promoting the activities and objectives of the charity (expenditure on raising funds) and expenditure incurred directly to the fulfilment of the charity's objectives (charitable activities). Support costs are related to those functions that assist the work of the charity. Support costs include back office costs, finance, personnel and governance costs which support the charity's activities, they also include management costs although management is often directly involved with fund raising and the running of charitable activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities 8 Annexe | financial repor - g) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. h) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and where the amount due to settle the obligatin can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount ANNEXE | FINANCIAL REPORT 82 Ut)restrScted Restrl¢ted fur￿5 furd5 Totsl lut)ds Unrestrfctsd fund5 Restrlrted fun& Total funds Not•1 FY24.25 FY24-25 FY24-25 FY2>24 FY23-24 FY23-24 2 Int•m• Irom domtlo Donatlons Corporate 5ponsorshlp Benefactor5 Income Open 5eclety Foundatlons grènt 17,237 17,237 7,000 29,271 16,393 5.000 22,746 126,135 16,393 5,WO 22,746 126,135 29,271 53,508 53,508 170.274 170,274 UThr•strlct•d R•strlct•d lur fund5 Totsl fur Unr•strlctsd fund5 RMtvlct•d fund5 Tot•1 lurMI¥ FY24.25 FY24.25 FY2ty25 FY2>24 FY23.24 FY23.24 3 Ir￿￿n• Irom ¢￿15t￿bI• •rtlv111•5 Edueètional courses Income Events Income Projeets Income 132,790 16,293 2,363 132,790 16,293 24,130 121.444 15.841 13.764 121,444 15,841 107,659 21,767 93.895 Tot41 Incom• from ¢h•dt•tA• •ctlvltl•i 151,446 21,767 173,213 151,049 93,895 244,944 Uhr•strOct•d Rtstrftt•d lurKk furds Tot*1 fur UhMSlrlct•d fund5 R•strfct•d fund5 Tot*1 lurtds FY24-25 FY24-25 FY14-25 FY23-24 FY21-24 FY23-24 4 Ot￿r tradi￿ •ctlviti•s Fundraising event sales 28,466 28,466 12.134 12,134 Total ￿her tr•tNn8 adfvitles 18,466 28,466 12,134 12,134 83 ANNEXE | FINANCIAL REPORT UMe$trftted Re$trlrted éunds tund5 Tot81 furnls Unrestrfded funds Restrf¢ted funds Total funds FY24-25 FY24-25 FY24-25 FY23-24 FY23-24 FY2>24 S Exp•ndltw• r•l$l￿ f￿d$ Fundra151n8 event C05tS Support costs 117,8261 153,1721 117.8261 153.1721 15,9121 153,7151 153.7151 Tol•l •xpondltur• r•151w furKIs 70,998 70,998 59,627 59,627 Ur*•strfrt•d R•strlrt•d lunds fun& Tat•l funds Unrtstrldéd lunds RestAtt•d lurds Total funds FY24.25 FY24.25 FY2ty25 FY23.24 FY23.24 FY2>24 6 Exp•ndltw• on Ch•rIt•￿• •rtlvltl•s 6a) Summa fwd Edut*lit￿•I ttyjrsès 185,6341 185.6341 173,4871 173.4871 Ev•rrts •xp•rw•J 19,4561 19.4561 17.6791 17,6791 ProJ•cts •xp•ns•¥ 14581 117,2381 117,6961 110,8991 172,0501 182,9491 Support eosts 1105,7561 19,5971 1115,3531 161.0421 129.2021 190.2441 Tth•l expendlture on charttablè artlvltles 201,304 26,835 228,139 153,107 101,252 254,359 ANNEXE | FINANCIAL REPORT 84 Nates Dlrert CL¥ts Suwort Costs Total funds Olred costs Sukwt costs Total funds FY2>24 FY23-24 FY23-24 FY24-25 FY24-25 f Y24-25 Analysi5 of expenditvre on charit4Ne 4ctivltles EdL￿atIOnal courses 185.6341 148,4441 1134.0781 173.4871 128.4501 1101.9371 Events 19,4561 145,0501 154,5061 17,6791 132,5911 140,2701 Projects 117,6961 121,8591 139,5551 182,9491 129,2021 1112.1511 Total 112.786 115,353 228.139 164.115 254.358 Unr•strl¢l•d R•strfrt•d Tot•1 lunds funth funds FY14-25 FY24-25 Unr•strlct•d funds FYZ>14 R•strlrt•d funds FY23-24 Tot41 lurK15 FY24-25 FY23-24 Management 1101,9881 16,9741 1108,9621 177.8401 124,2221 1102,0621 PR and tommunleatlons I39,9￿) 12,6231 142,6131 18.4801 14,9801 113.4601 Flnance and admln 116,9501 116.9501 128.4361 128,4361 Governance Total 1158,9281 19,5971 1168,5251 114,7561 129,2021 143,9581 85 ANNEXE | FINANCIAL REPORT 31st 2025 Juty 31st 2024 7 D•btors Debtors Prepald expenses Accrued Income I,Q63 1,085 1,164 2,227 1,085 8 CY•dltm.' IMO￿*$ f•lllw duè wlthln on• yèar Aecruèls Deftrred Inetmt 16,0)41 14,5561 5,992 110,548 Inc￿￿• Tot•1 exwndltur• 84l•n¢• •t I￿orn• Tot41 •xpnthture Tr•n$f•r betw•• lunds 3V071 31107124 31107124 9 R•¥trlrt•d lurK Ukralne Lab UkraSnlan lewlsh Encounter DIS￿a£ed Ukralnlans FUTh London Ukralnlan Re￿eW Engllsh school 236 236 716 12361 17161 716 5,739 1,807 9,978 I,B64 25,477 44,000 1,500 8,458 10,000 2,360 93,895 17,6031 116.fA)31 153,9781 11.282 11,395 117,8141 4,863 10,372 19,OZII LCF displaced fellowships grant Refugee Council Displaced Fellowship grant Translatlon project 18,4581 iio.rAK)I 12,360 101.253 18,240 21,767 26,835 952 Annex 8 ## Section F: Declaratio The The Trustees of the Ukrainian Institute London declare that they have approved the Trustees' declare Trustees that they of thehave UkrainianapprovedInstitutethe Trustees London! report above report above. Signed on behalf of the charity's Trustees: SignedA on behalf of the charity'sH 1 Trustees:. . Full name: Igor Hordiyevych Full wae name:. | gor Ho rdi.yyevyc h Position: Chairma Position: Chairman. Date: 8 February 202 Date: 8 Februa ry 2026 > Ukrainian Institute London Ukrainian Institute London @ukr_institut @ukr_institute xX @ukr_Institut @ukr_Institute G9 @UkrainianInstituteLondo @vkrainianinstituteLondon in Ukrainian Institute Londo Ukrainian Institute London ¥¢ @ukrinstitute.bsky.socia @ukrinstitute.bsky.social > Photography credit Photography credit for for images throughout report: images throughout report: Natalie Godec, Dasha Tenditna, Natalie Godec, Dasha Tenditna, Anton Anton Trofimchuk, Christian André Trofimchuk, Christian André Strand, Andriy Shevchuk, Annie Strand, Andriy Shevchuk, Annie Armitage, Armitage, Diana Delyurman, Diana Delyurman, Kostiantyn Strilets, Anastasiia Kostiantyn Strilets, Anastasiia Telikova Telikova > Report design: Report design: Ukrainian Institute London Ukrainian Institute London 79 Holland Park 79 Holland Park London, W11 3SW London, W11 3SW info@uil.org.uk info@uil.org.uk www.uil.org.uk www.uil.org.u