REGJsfERED CHA NUMBER: 1171186 InAncb ntsF Streets ISA Limited Building IS GHteway l(YJO Arlington Busine$5 P8rk SteYenag¢ Hcrtfordshire SGI 2FP
me F rTheYearE Trustets, Reyjrt I to 3 lud•pelldent Exgrnlne5 Report Stwtsmemt of Fknonell A¢tlwltl StAt¢mtnt ofFlnAneknl Posldon Nots¥ to th¢ FlnAncllll St•trmeots 7 to I I Detllod Ststethent of Flnaoclal Aetivltki 12
V.5tr.¢.rt For I'h¢ Year Ended 3 em 21 The 1ftle¢s present their TeFQrt with ihe financial staiem¢nts of the ¢harity for the year ended 31 lkneber 2021. Thc trustecs havc adopted the provisions of Accoullling and Rep(irting by Chariiies.. Statement of Recommended Practicc applicable to charities preporing their accoun15 in a¢dance with the Financial Reportin8 SLandJrd appli¢abl¢ in the UK and Republic of ITcland (FRS 1021 {vffec¢iv¢ I January 2019). OWECTIVES AND ACTIVITIES Objtctfves and Alrng Who wc are Plon for Freedom 15 8 Story of 8 5ma]I group of friend& mostly IwJi¢s Wlth a shared dream. Founded in 2(MY4, Plon for FreethTrrn began as a tj8ht.kniL sistcrhood dcdicaied io their shared volues of free cxpression, aT the power of art to inspire. awaken and shak¢ the world. For art averdR¢ Individud. dippin8 your toes into & world of Linsorship, religious t¢m)ri5m. and oppreu¢d journalists lakes real commilmcnt ¢0 th¢ caust. Our women foughi thc5e things for over a decade. all thc whilc unpaid. jugElin8 careero. relationships. rworist attacks, and Monthy moming's Central l.Lne. In ioday's world, Passion for Frcrdom and5 OUL 7'he &re far too many ¢owards bullie5, Vlrtue signallcrs And ccnsors in ihe woAd today. When faced with Tc&I evil, rnogt people leok away QT bury their heads in the sand, but we arc proud io say that PFF never wav¢red. despiie its adversari existen¢e. lThe 5rKdacle And focus have alvlays been thc yearly art exhibition, Whe artists facing ccnsorship worl&ov¢r send in submi&8ioThg lo the Pa85ion for FT¢edom Art Compelition. Creators like Mimsy Ai W¢1 Wei, A¢ena Farghadani, Malaia, Kubr& Khademi. ¢ounilesg Others have b¢¢n involvtsd with Ihe cornpclhtion over thc year¥ Ih¢ir brilliAn¢e is, for lack of & bciter tmn. the main show. PFF 15 merely the s¢a8C. Mission Statrmeni Passion for l.'reedom PTOmOtes hum rights and freedorn ofexpression through the arts and prnvidc5 SUPPOrt lo viclims of humaD ri8hi$ Abus¢3. Passion for Freedom pursu¢5 Its mission through diverse acliviiies including art exhibiiiun5. 5cminats and workshops ay w¢ll ¢.lonal, welfuK gnd 5LIPSX)rt programme& Whqi we do Passiun for Freedom organise5 alal international 4rt eornpeiition end ¢xhibition on human rights 8nd frecdorn of 5pee¢h. Thi5 plaifonn facilitates open, uninhibited and critical di5russion And deba about ihe va]ue or rreedom and Ihe rijks lo humanity of losing freedom. Through &xhibitions 5CTnin8T3 Und workshops P10n for Freedom creatES spaLes for aTiists, wrikr5. and thc public lo explor¢ wbject5 8nd theme5 often omitt&J from main8tr¢gJn discourse on human ri8ht5 and individual fTttdoms. Passion for Freedom's ¢urrent major a¢iivity is the biennial int¢rnalional art competition artd exhibition. Signifie¥fyt attivillES 1> To promote human rri8hLs las set out in Ihe UniveT5dl De¢lardlion of Flumsn Right% and subscquent United Nations and EuropeAn conveniion5 and de¢l8rntion51 Ihroughoul the world through the art5 and wprks of art with & view to.. raise aw9xene55 of hurnan rights issues; promote publi¢ support for human righis; and promote resp¢ct for human rights among individlla15 and corporations. 2) To r¢li¢v¢ w)verty or financial hardship Bmong victlms of human rights abu¥es and other socially excluded groups throughout the world by providing grants, items. gerYi¢es edu¢aiion, training and advice to individua15. andlor ¢hariiie4 or other organi5atiort$ working to preveni or r¢licve poverty. 311 o promote ik 4dvan¢emenl of health forpublic benefiL esp¢¢ially for Victims of human rights abu5G4. Page I
Tru$tges' Report F rTheYearEnd djl mbtr ACHIEVEMENT AND PERFORMANCE Athitv¢m¢nts Perforniinct P&ssion for FTecdom organisc5 an annual international art Compdition and exhibition on human rights atKI freedom of spee¢h. This platfomi fa¢ilitate5 open, critical discussion ihe value of freedom and the risk of losing it. Throu8h exhibitions seminars and workshops. Pa55ion for Frttdom creaw space for artists writer5. and ihe public to explorc subjects and Ihemes oftcn omiited froTn the mainreaM art diswuTSe. PlOn for Freedom's first iniemational art c(xnr¢tiiion and cxhibition ity)k place in 2(W in LoThdon. By 2018. we showed more th artWOTks frorn all over the world,. about 50 countries, Including China. Iran and Venezu¢l4 vi¢wed in peT50n by IS,) 0p]¢. Since Inceptio w¢ have raised awwrne55 stimulated critical debate atM>ui human righib and individual freedoms. In 2020. the Passion for Freedom am has und¢naken lirnitcd athivities due to th¢ pmi¢ of Covid.19. Following the resirictions pmd the governmeni's advice to stay a¢ home. our team foKLL%ed on maiftiainin8 and building relaiionships onlin¢ wilh art curatorj in Dcnmark &nd Poland well &5 our art15ts from all over the world. FINANCIAL REVIEW F5nAntlg1 poslttDn The ChBThiy is funded by donations. There are currently no restriction$ on the Charity's pow¢r invcsL The TNses considcr the income rcquiremcrti of the owis&tion a8ainsi the income prospects. The Charity's reserves policy 18 that general {unttsiricledl reserves should be maiftiained cover thc operIng for u PEriod of time to continue a¢iivitics in ihe event of siBnifi¢ani dccline lorwiihdrAwall or fijndin FUTURE PLANS PFF will ¢oniirtue it5 51th¢0ry Rthivjti, secure more partnerships and work toward5 hl¢Ving its charitsble objeciive5. In th¢ upcomin8 ycar, we Are foLu5in8 on.. Collaboration with th¢ Danish CUfdloT Jon F.irik l.undbcrg And the Cenier for Conlcmporary Art Zamek Ujazdowski in W4rsow to sla8e 4 joini"Polilical Art exhibiiion and cduutional proje¢t in AUturnTh 21)21 srRUCTURE, COVERNANCE AND MANACEMENT Stru¢turfy governAnee mang8ement Pwion for Freedom IPFF) is a UK charity rcgisiered wilh the Chariiy Commission for England and Walcs (Charity numkr is.. 11711861. Three Trustccs who have scrYe41 durin8 ihe y and since Ihe ycar-end are set out on the pagc th>vc. Thc I"nJstces arc appointed by Ch4rity's mernber8. Pl.-P is a non-governmental. volunthry-bascd orlsa[10Th that promotes human rights and freedom of expression through art. PFF w swed in l.ondon 20(r) by a small group of friends, mainly women, dnd 15 t(yJay ¥upported by a vasi inteTnaiional n¢tWOTk of artists, a¢t1VI5 journalists Rnd PTofe5sional8. Evcry limc b¢forc the cxhibition and art comlI10n, we &8k Cltributing artisty film producers, writers joumalists three pivothl queMions.- What is freedom? 2. How do you pre$¢rve iity 3. How do you celebraie it? REFERENCE AND ADMINISTRATIVE DETAILS Rtli5tefftYd Charity number Page 2
F r The Ye8r End d 31 Dtt¢mb r 2021 PrlnclpAI address 483 (irccn IAncs l.ondon N134B Thlstres K Dziubj M Bialobrrmvskn Indtpetsdent ExAmltter Streets ISA Limited Building 15 Gateway l(MJO Arlington EIusin¢55 Pork Stevenage Hertfordshire SGI 2FP 3.11.1.Q12.022.............. s1&T on Its Eehalf by.. Approved by oY&r of the board of trjsttts on.... . M Bialo PAge 3
Indt EKAminer' For Trrtt ort to the T Independent txaminer'$ report to the trustees of Pasjlon For FreEdom I rewrt to the ch8rity trusiee5 on my examination of the accounts of Passion For FM>Jom (the Trust) for the y¢ar ended 31 Dec¢mber 2021. Respon5ibilitigs artd b¥s15 of report As the charity irus¢ees of the Trust Y are responsible for thc preparation of the alts in ac¢ordance with thc requirement5 of th¢ Chorities Act 2011 (the ACY). Tctth in respert of rny ex8mination of th¢ TNst'5 accounts Ced out undcr section 145 of thc Act and in carrying out my examination I have followed applicable Directions giveTh by ih¢ ChArity Commiuion under tIOn 145{5llb} of the Ad. lThdeptndent exHmlner's ststement I hav¢ ¢omplded my examination. I confimi that no rnaterial mattcrs huve come to rny atten¢ion in conne¢tion with the examination zivin8 me cause to believe Ihat in any materia] respcct.. Accountin8 r¢conls were not kepi in respcct of the TNst requir¢d by section 130 ofthe Act., or Ihe &counis do not accord wilh those Tecords.. or Ihe accounts do nol comply with the applicable requirements ¢onceming the fom) and conienl of acl'ounls set oui in the Charitie5 (Accounts and Reports) Rcgulations 2(K)8 oiher than any requircment Ihal the ac¢oun15 sive & irne and fair view which Is not a m4ttcr considered as part of an independ¢nt examination. I have no conGerns and hE4ve comc across rto oihcr matters in connection with the examination io which &rtention should drawn in ihi5 report in order to cnable a proper undersi8ndinK of thc ¢0nts io k reh¢d. Streets ISA Limited Building 15 Galeway 10(M) Arlingion Business Park Stevenage Hcrtfordshirc SGI 2FP DAie'. 111012£ Page 4
tstement gf Flnancixl Acti For The Y¢wr E*Jdtd JI DeceryL 2021 2021 Utsre5tTkted Total fund8 N¢$ IIYCOME AND Ef4ix)WMEiYTS FROM Donations and legacies lJ32 3J99 EXPENDITURE ON RAising funds 2,754 NET IIYCOME IA82 645 RECONCILIATION OF FUNDS Totsl funds brnulht fornrd ISA37 14,792 TOTAL FUNDS CARRIED FORWARD 16919 15.437 The forni part af th¢5¢ financial statements Page 5
IPO StRtemtnt fbinAooLl 1gL 31 December 2021 2021 Unre5trieted fund 2020 Tothl funds Notes CURRENT ASSETS Cash ai bank 17J19 18.437 CREDITORS Amounts falling due within onc y 13.(XX)) NET CURRENT ASSETS 16919 1 5.437 TOTAL ASSETS LESS CURRENT LIABILITIES 16P19 15,437 NET ASSETS 16,919 15.437 FUNDS Unrestricted Thd5 16,919 15,437 TOTAL FUNDS 16,919 15,437 The financial teMen18 wcre approved by the Board of Truste¢s or¥J authoris¢d for issue on ... 3111012022 Si8ned on its behalf by.. and werc K D£iubt--l TU¥trE M Ilial r?.ewsk&- I'ru5tce -n)e not¢s fornj part of thc5e FinclaI stsiements Paze 6
to heFI el Stalemettts For Th Year ENdtd JI December 2 ACCOUNTING POLICIFS Ba$15 of preprlng the flngnclal $tAtemeffjt5 -IhL financial %laicmLnls ofihe ehariiy. which is a publie benefji entity under FRS 102, have bcen preped in acC(danCe with Ihe Charities %()XP 11-.RS 1021 'A¢¢ouniing and Reponin8 by Chariii¢s'. Statement ol. Rc¢ommLndcd Pr&citcc applicable 10 chariiies prepIng Ihcir accoun15 in acLordRnee wilh Ihc financial RLpurtin¥ Sndard appltcabli in Ihe (JK And RepLibli¢ of IrL'land IFRS 1021 (etTective l JVary 20191., 1.inan¢ial RLporting SiandarJ 102 '1 lic l-.inan¢ial Rort1ng Stand2rd applicable in Ihc UK and Republi¢ ofIreland' ond Ihe Lhgriite$ Act 2011. The fin&nci41 stat¢menis hav¢ bccn prlp4r under th¢ his1or1} cost convenuon. Income All inlorne i5 rc¢ognised in the StaiemLni of Financial Aciivilies once Ihc charity has entitleMt the funds. it is probable that the inrom¢ w211 b¢ rL'ceived and Ihe &mount can be mc&%urcd rcliably. Expendlture I.i4LL)ililics wc r¢coRnised as cxp¢ndiiurL' s()on as Ih¢re TS 4 legal or ¢on$iruciiv¥ (>bli8ation commilling Ihc ¢hariiy lo Ih&i cxpcnd5iurL', il is probable Ihai 8 Iran%fLY of Lcunumic trencliis will bc r¢quiTcd in s¢iilLm¢ni and the amouni of Ihc obligation Lan bL rLliably. lixp¢ndiiurL' is a¢countcd for on an ac¢ruals b&4is and been ¥lassilicd undL'r hLadin&% Ihai ggrcgute all cosi rcldied 10 Ihc caiegory. WhLre c051s cannui b¢ iJireLIIy 411ribuicd 10 purticular hcadin¥s they have tK¢n all&(#d 10 acliviiic5 on a b4sls consi51cni wilh the usc ofresour¢e& T•i#tion The chority is exemp¢ from tax on Its ¢hatilable Jclivitie& Fund xceountlttg Unre51riGted fund3 be used in xcordance with th¢ ¢h8riiablc objcciives ai Ihc di3aftion ofthe tru$lees. Rcsirietcd funds can only uvéd for particular restricd purpos¢s iviihin Ihc objects of the charity. Restrictions arise wh¢n spccificd by th¢ donor or when funds are rdised for particular r¢sirictcd puryy05e& Further explanation ofihe nature and pury)ose ofeach fund is ineluded in thc note5 to the financial 5tatemenl& Pag¢ 7 continued...
In8 For The Year En DetEmbtr 2011 RAISIiYC FVNDS Ralslng dotionS •nd kgades 2020 50 2,754 Support costs TRUSTEES* REMUNERATION AND B£NKFIT3 There were no tru#ce$' remvneration OT oiher benefiL8 for the year endcd 31 December 2021 nor for the year ¢nded 31 December 2020. TrustttS' ¢XPtng¢5 There wcr¢ fto tnts1tt5' expenses rAid for the year thded 31 De¢ber 2021 Ir for Ihe ywended 31 Decemttr 2020. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund INC.OME AND ENDOWMENTS FROM 3,399 Don&iion8 and legaGi¢s EXPENDITURE ON R&isin8 tUDd$ 2,734 645 NET INCOME RECONCILIATION OF FUP4DS 14,792 Tot•1 brouiht forward 15,437 TOTAL FUNDS CARRIED FORWARD Pag¢ 8 CODtinLKd...
eFI noT For The Year Ende StstcmentL¢.oDLJu¢ JI Dccember 2021 CREDITO1. AMOUNTS FALLING DUE WITHIIY ONE YEAR 2021 2020 rrnde creditors Other ueditors 1400 MOVEMENT IN FUNDS Net mDvement in filnds At At 1.121 UDrestrl¢ted funds General fijnd 1S437 16J19 TOTAL FUNDS 15A37 IA919 mov¢ment irt fiJnd& included In the above gxe &8 follows.. Incomin8 Movement in thds expendoj Unr¢gtrl¢ted fuDdi G¢neraJ fiJrLd lJ32 (so) TOTAL FUNDS lJ32 (50) CompvJrAllve8 for movem¢llt In movcment in fynds Ai 31.12.20 At 1.120 Unre•trl¢ted Getmi fimd 14,792 645 15,437 TOTAL FUNDS 14.792 645 15.437 Page 9 continu&...
ttt tember 2021 Inu For The Ytar MOVEMENT IN FUNDS- tontlDued Comparative net movement funds. ilUded in the above A as follows: InGoming resources Resources expended Mow¢meni in funds Unrestrlet¢d fund# General fund 645 3 J99 {2,754) TOTAL FUNDS 3 J99 (2.754) 645 A ¢urrent year 12 months and prior year 12 months combined posilion 15 &s follows.. Net movernenl in ftjnds At 31.12.21 Ai 1.1.20 Ullrt$¢rlcted fund¥ G¢neTal fund 14,792 2,127 16,919 14,792 2,127 16,919 TOTAL FUNDS A ¢urrenl year 12 monihs and prioryear 12 months combincd nd movemerti in funds, included in Ihe above are as follows.. Incomin8 ResouTee5 Movemenl Tesour¢es ¢xpendcd In funds UDrutrlcthd fun General fijnd 4.931 (2,804) 2,127 (2,804) 2.127 TOTAL FUNDS 4,931 Page 10 continued...
lonF Ic5 to the Trina F The Ytir Enil I Statemen l December 20 RELATED PARTY DISCLOSURES There were no relattd party InlIOnS for the ycar endcd 31 Dccembcr 2021. Page 11
Det#iltd Statement[ Financial jy_iAie 'he Year End d 31 Decemb r 2021 2021 2020 Ir4COME AND ENDOWMENIS Dom*lions and IryAtI McmFKrship$ Donation5 302 1230 360 3,039 lJ32 3399 Totsl IW2 3J99 EXPENDITURE Support ¢osts M¥tho%tment Sundri¢5 Wcb511C C05L8 16 16 16 31X) Bank charges Coverninee costs A¢¢ountsncy and lega] fees 2,400 T] ruources expcnded 2,754 N•t tncom¢ 645 This 8¢ d(Ks not fomi part ofthe fLnanciaJ swemertts Page 12