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|Trustees||Dr<br>I Krastev||||
|---|---|---|---|---|---|
|||Honourable|TGati|||
|||H H M Levy||||
|||MrJ Lloyd||||
|||Amb. R Nyberg||||
|||Mr M Sohlman||||
|||Lord R Skidelsky||||
|||Ms E Miller||||
|||Amb. F O'Donnell||||
|||Mr A Sixten|Georg Alex|(Appointed|7 July 2021)|
|||Alexandersson||||
|Charity number||1173608||||
|Company|number|09958251||||
|Principal address||102Coiney|Hatch Lane|||
|||London||||
|||N10 1EA||||
|Registered|office|66 Prescot|Street|||
|||London||||
|||E1 8NN||||
|Auditor||CBWAudit|Limited|||
|||66 Prescot|Street|||
|||London||||
|||E1 8NN||||





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|||Page|
|---|---|---|
|Trustees'<br>report|||
|Statement<br>ofTrustees'|responsibilities||
|Independent<br>auditor's|report|8 - 11|
|Statement offinancial|activities|12|
|Balance sheet||13|
|Statement<br>ofcash flows||14|
|Notes to the financial|statements|15-23|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2021<br>6|2021<br>f|2021<br>f|2020|2020<br>f|2020f|
|Income from:|||||||||
|Donations<br>and legacies||3|547|764,903|765,450|863|375,220|376,083|
|~Edit|||||||||
|Raising funds|||||||26,687|26,687|
|Charitable<br>activities||5|496|725,208|725,704|793|305,495|306,288|
|Other|||51|39,695|39,746|70|43,038|43,108|
|Total resources|expended||547|764,903|765,450|863|375,220|376,083|
|Net income for the year/|||||||||
|Net movement|in funds||||||||
|Fund balances|at 1 January||||||||
|2021|||||||||
|Fund balances|at 31||||||||
|December 2021|||||||||





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|||Notes|2021<br>f.|f|2020<br>6|
|---|---|---|---|---|---|
|Current assets||||||
|Debtors|||115,578||137,672|
|Cash at bank and in|hand||5,157||18,377|
||||120,735||156,049|
|Creditors: amounts|falling due within|||||
|one year|||(120,735)||(156,049)|
|Net current assets||||||
|Income funds||||||
|Unrestricted<br>funds||||||



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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Notes|f.||6|
|Cash flows from operating||activities|||||
|Cash absorbed|by operations||||(13,220)||
|Net cash used|in investing|activities|||||
|Net cash used|in financing|activities|||||
|Net decrease in cash and||cash equivalents|||(13,220)||
|Cash and cash|equivalents|at beginning|ofyear||18,377||
|Cash and cash equivalents||at end of|year||5,157||





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|Donations<br>and|legacies||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||2021<br>6|2021f|2021f|2020<br>f|2020f|2020<br>6|
|Grants|547|764,903|765,450|863|375,220|376,083|



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|Raising fu|nds||||
|---|---|---|---|---|
||||Total|Restricted|
|||||funds|
||||2021|2020|
||||f|6|
|Fundraisin|and|ublicit|||
|Seeking donations,||grants and legacies||26,687|
|||||26,687|





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|||||31|31|
|---|---|---|---|---|---|
|||||December|December|
|||||2021|2020|
|||||5|5|
|Charitable|activities|||183,808|158,764|
|Core seminar||||332,207|80,749|
|International||forum|||2,760|
|Issue based||seminar||19,763|10,367|
|Maintenance&<br>Development||||39,892||
|Publishing||||9,147||
|Project consulting||||88,346||
|||||673,163|252,640|
|Share of|support costs (see note 6)|||28,687|29,516|
|Share of|governance||costs (see note 6)|23,853|24,132|
|||||725,703|306,288|
|Analysis|by|fund||||
|Unrestricted||funds||496|793|
|Restricted|funds|||725,208|305,495|
|||||725,704|306,288|





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||||Support|Governance 31 December|Governance 31 December|31|Basis ofallocation|
|---|---|---|---|---|---|---|---|
||||costs|costs|2021|December||
|||||||2020||
|||||||6||
|Travel|||3,469||3,469|8,209||
|Telecommunication||and||||||
|data cost|||2,052||2,052|3,200||
|Sundries|||19,962||19,962|15,390||
|Bank charges|||2,517||2,517|2,717||
|Translation|||687||687|||
|Audit, accountancy||and|||||Governance|
|legal fee||||23,853|23,853|24,132||
||||28,687|23,853|52,540|53,648||
|Analysed|between|||||||
|Charitable|activities||28,687|23,853|52,540|53,648||



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|The average|monthly<br>number ofemployees<br>durin|g the year was:||
|---|---|---|---|
|||31 December|31December|
|||2021|2020|
|||Number|Number|
|||I|1|
|Employment|costs|31 December|31December|
|||2021|2020|
|||6|6|
|Wages and salaries||39,213|42,288|
|Social security costs||292|451|
|Other pension costs||240|369|
|||39,745|43,108|





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|9|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Amounts|falling||due|within one year:||6|6|
||Other debtors||||||94,141|84,627|
||Prepayments||and|accrued income|||21,437|53,045|
||||||||115,578|137,672|
||Other debtors||include||grants receivable of694,064|(2020i684,550).|||
|10|Creditors: amounts||||falling due within one year||||
||||||||2021<br>6|2020f|
||Other creditors||||||7|76|
||Accruals|and|deferred||income||120,728|155,973|
||||||||120,735|156,049|
|11|Deferred|income|||||||
||||||||2021|2020|
||||||||6|6|
||Balance|as at|1 January 2021||||(146,973)|(92,258)|
||Amount|released||to income earned from charitable||activities|146,973|92,258|
||Amount|deferred||in the year|||109,452|(146,973)|
||Balance|as at|31|December 2021|||109,452|(146,973)|



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|Restricted|funds||||||||
|---|---|---|---|---|---|---|---|---|
|||||Balance at|1|Incoming|Resources|Balance at 31|
|||||January||resources|expended|December|
|||||2021||8|F|2021f|
|Council of|Europe|||||54,326|(54,326)||
|Stockholm|school of economics (Sl)|||||94,110|(94,110)||
|European|Wergeland<br>Centre|||||16,970|(16,970)||
|Stockholm|School ofEconomics|||||388|(388)||
|Norwegian|Institute of of International||Affairs|||209,335|(209,335)||
|Stockholm|Institute ofTransition<br>Economics|||||254,248|(254,248)||
|Supporters|ofCivil Society|||||32,571|(32,571)||
|U.S.Russia Foundation||||||102,955|(102,955)||
|||||||764,903|(764,903)||
|Movement|in funds - prior year||||||||
|||||Balance at|1|Incoming|Resources|Balance at 31|
|||||January||resources|expended|December|
|||||2020||||2020|
||||||8|f|f|6|
|Foreign 8|Commonwealth<br>Office|British Embassy||||71,724|(71,724)||
|Council of|Europe|||||13,777|(13,777)||
|European|Wergeland<br>Centre|||||32,652|(32,652)||
|Stockholm|School of Economics|||||1,170|(1,170)||
|Charles Stewart MOTT Foundation||||||61,848|(61,848)||
|Norwegian|Institute of of International||Affairs|||24,066|(24,066)||
|Supporters|of Civil Society in Russia|||||152,109|(152,109)||
|Stockholm|Institute ofTransition|Economics||||17,874|(17,874)||
|||||||375,220|(375,220)||





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||||Movement|in funds||
|---|---|---|---|---|---|
|||Balance at 1|Incoming|Resources|Balance at 31 December 2021|
|||January|resources|expended||
|||2021f||||
|General|fund||496|(496)||
|Ithaca Trust|||51|(51)||
||||547|(547)||
|Movementin||funds- prioryear||||
|||Balance as|Incoming|Resources|Balance at 31December 2020|
|||at 1January|resources|expended||
|||2020||||
|CGS||||||
|Ithaca Trust|||264|(264)||
|General|fund||599|(599)||
||||863|(863)||



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|16|Cash generated<br>from|operations|2021|2020|
|---|---|---|---|---|
||||6||
||Deficit for the year||||
||Movements<br>in working|capital:|||
||Decrease/(increase)<br>in|debtors|22,094|(69,066)|
||(Decrease)/increase<br>in|creditors|(35,314)|42,143|
||Cash absorbed<br>by operations||(13,220)|(26,923)|
|17|Analysis<br>ofchanges|in net funds|||
||The charity had no debt during the year.||||



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