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← National Federation Of Hungarians In England

2024-08-31-accounts

Trustees’ Annual Report for the period

From 01/09/2023 Period start date To 31/08/2024 Period end date

Charity name: National Federation of Hungarians in England

Charity registration number: 1174243

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 Our core objectives include:
 Advancing education by offering
training in the Hungarian language,
history, and geography.
 Promoting Hungarian arts, culture, and
heritage through educational programs,
training, and celebrations of traditions
and customs.
 Fostering citizenship and community
development by encouraging knowledge
and mutual understanding among diverse
ethnic groups.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19
Two-day teachers’ conference for
teachers at Hungarian Saturday
schools in the UK, held every year

Hungarian Culture Days in Chester
and Montgomery, held every year

Co-organisers of Góbéfest in
Manchester (large, three-day open-
air festivities celebrating
Hungarian and Eastern European
culture in the UK), held every year

Hungarian community leaders’s
meeting in London, held every
year
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the
guidance regarding public benefit when
formulating our activities. All our
activities are free to attend by anyone.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Policy on social investment
including program related
investment		 Para 1.38 n/a
Contribution made by
volunteers		 Para 1.38 On average we have about 20 volunteers
depending on the events we hold. In
addition, all board members are
volunteers too. They help with the
running of the charity and events. The
chairman contributes about 800
hours/year. The other trustees contribute
about 200 hours/year on average. Other
volunteers may vary between 10-200
hours/year.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 MAOSZ primarily carries out its activities
by supporting its 52 member
organizations,
many of which are Saturday schools and
cultural organizations located throughout
the UK.
We also provide direct support to these
organizations when appropriate. All of
our office holders are volunteers based in
the UK.
We managed to organise all our planned
events as detailed in our Objectives
above.
Our teachers’ conference and community
leaders’ meeting provide a vital platform
for networking and collaboration. The
teachers’ conference also provides
practical help for teachers teaching
Hungarian language, history, folk
dancing and singing. Our
commemorations of two of our most
important national events provide a
sense of community for our members
and their families. Our culture days are
open to any and all interested in
Hungarian culture in the UK.
We believe that with our activities we
have managed to foster citizenship and
community development by encouraging
knowledge and mutual understanding
among diverse ethnic groups.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity has managed to achieve its
annual goals and organised its planned
events. The charity has also paid all its
bills. Travel and accommodation costs
were higher than expected due to
increased living costs in the UK.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Depending on when we receive our
funding for the given financial, we may
carry reserves over for the next financial
year. The amount is dependent on
whether or not the planned event has
taken place yet. Our funds tend to be
unrestricted. We aim to have enough
reserves to pay certain regular costs,
such as monthly banking fee, website
subs, domain subs and accountancy
fees.
Amount of reserves held Para 1.22 2000-6000
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 None at the moment

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal
sources of funds (including
any fundraising)
Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Unincorporated association
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Vote by members on the suggestion of
the current board

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures
adopted for the induction and
training of trustees
Para 1.51
Online trustee training through NCVO
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Umbrella organisation that has member
organisations
Relationship with any related
parties		 Para 1.51 People at member organizations are
called upon to help with various events
or e.g. social media handling. We know
all representatives of all our member
organizations. At times, they volunteer
themselves to help enable us to achieve
our charitable goals.
Other

Reference and Administrative details

Charity name National federation of Hungarians in England
Other name the charity uses MAOSZ
Registered charity number 1174243
Charity’s principal address 17 Lidiard Road
London
SW18 3PN

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee (ifany)
Eva Norton chair AGM and/or other trustees
Eva Adonyi secretary AGM and/or other trustees
HedvigGonda n/a AGM and/or other trustees
Aniko Kovacs-
Marton		 treasurer AGM and/or other trustees
Elizabet Sillo n/a AGM and/or other trustees

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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 adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Eva Norton ~~ee~~ Position (eg Secretary, chairman Chair, etc) ~~ee~~ Date 30/06/2025 ~~fF~~

----- Start of picture text -----
NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN
(A Company Limited by Guarantee)
Charity Number 1174243
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating an Income and Expenditure Account)
For the year ended 31 August 2024
Unrestricted Restricted
Funds Funds
Note
INCOME 2
Donations and Grants 26021.7
Incoming resources from operation
of charitable activities:
Investment Income
Total Incoming Resources 26021.7
EXPENDITURE 3
Expenditure on charitable activities: 20084.99
Support Costs 3177.54
Governance Costs 360
Total Expenditure 23622.53 0.00 0.00 0.00
Net Income/Expenditure for the year 4
and net movement in funds for the year
Reconciliation of funds
Total funds brought forward 11957.95
Total funds carried forward 2399.17
14357.12
NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN
(A Company Limited by Guarantee)
Company Number
Charity Number
BALANCE SHEET
(incorporating an Income and Expenditure Account)
For the year ended 31 August 2024
2024 202
Note £ £ £
FIXED ASSETS 5
Tangible assets 0 0 0
Other Investments
CURRENT ASSETS
Cash at bank and in hand 20207.95 20207.95 20207.95
Debtors 6
CREDITORS
Amounts falling due in less than 1 year 7 8250 8250 8250
VAT Liability
NET CURRENT ASSETS 11957.95
LONG TERM LIABILITIES
----- End of picture text -----

----- Start of picture text -----
2024 2023
Total Total
26021.7 12161.7
26021.7 12161.7
20084.99 10301.7
3177.54 441.14
360.00 250
23622.53 10992.84
2399.17 1168.86
10789.09
1168.86
11957.95
23
£
0
20207.95
8250
11957.95
----- End of picture text -----

TOTAL NET ASSETS
FINANCED BY
Funds carried forward 2022
Profit and Loss 2021
Funds carried forward 2023
11957.95
Profit and Loss 2024
2399.17		 11957.95
10789.09
1168.86
14357.12

(a) For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477(2) of the Companies Act 2006

(b) No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006

(c )the directors acknowledge their responsibility for:

i. Ensuring the company keeps accounting records which comply with section 386; and

ii. Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year in accordance with section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company

(d) The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime under Section 419(2) of the Companies Act 2006.

The accounts are prepared in accordance with the Charities Act 2011 and SORP 2016 The notes to these accounts form part of the accounts

Approved by the directors on

And signed on their behalf by

Eva Norton Date

NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN

NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN
(A Company Limited by Guarantee)
Charity Number 1174243
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating an Income and Expenditure Account)
For the year ended 31 August 2024
Unrestricted Restricted
Funds Funds
2. INCOME FROM CHARITABLE ACTIVITIES
Donations and Grants
Bethlen Gabor Akap Magyar 26021.7
Bethlen Gabor Akap Magyar
Donations
Other
Income from operation of charitable activities
Revenue from Hungarian events 0 0

11957.95 11957.95

2024
Total
26021.7
26021.7
0		 2023
Total
12161.7
12161.7
0
Investment Income
Bank interest received 0
NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN
(A Company Limited by Guarantee)
Charity Number 1174243
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating an Income and Expenditure Account)
For the year ended 31 August 2024
3. EXPENDITURE
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Cost of Cost of Charitable Charitable
Generating Generating Activity Activity
Funds Funds Cost Cost
Unrestricted Restricted Unrestricted Restricted
Hungarian National Events costs 3041.87
Website 4679.89
Schools work/Teaching/Insurance project 0
Teachers' Conference 12363.23
0 20084.99
ANALYSIS OF GOVERNANCE & SUPPORT COSTS
Support Costs
Travel 1671.32
Printing and Stationery 90.08
Telephone & Computer 170.38
Board Expenses incl room hire 556.18
Bank charges 290
Subscriptions 166
Conference Costs 82.44
Insurance 151.14
Donations 3177.54

Governance Costs

Governance Costs
Legal Fees
Consultancy
Accountancy 360
360 0

4. DEFICIT FOR THE YEAR

4. DEFICIT FOR THE YEAR
This is stated after charging:
Depreciation 0

NATIONAL FEDERATION OF HUNGARIANS IN BRITAIN

(A Company Limited by Guarantee) Charity Number 1174243 STATEMENT OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure Account) For the year ended 31 August 2024

5. FIXED ASSETS

0
2023
Total
3041.87
4679.89
0
12363.23
20084.99		 2023
Total
209.15
346.84
0
9745.71
10301.7
1671.32
90.08
170.38
556.18
290
166
82.44
151.14
3177.54
360
360		 290
0
0
151.14
441.14
250
250
6. TRADE DEBTORS
Trade debtors
7. CREDITORS
Amounts falling due within 1 year
Bethlem restricted grant carried forward
Bethlem unrestricted grant carried for
Other creditors
Accrual for accountancy
Amounts falling due after 1 year		 2024
0
0
360
360
0		 2023
0
8000
250
8250
0
0

8. OPERATING LEASE COMMITMENTS

10. MEMBERS

limited by guarantee having no share capital and in accordance with clause 15 of the Memorandum of Association; in the event of winding up the members' liability is limited to £1.

| pk | CHARITY COMMISSION | Independent examiner's report on the | | FOR ENGLAND AND WALES accounts

SectionA

Independent Examiner’s Report

Report to the trustees io Abe ; oo, National Federation of Hungarians in England

On accounts for the year | 31/08/2024 ended

Charity no | 1174243 (if any)

Set out on pages

| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended ;

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

| report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement |! have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:| BeQda Hrauetreo Date: | 30/06/2025 mB. Name: | Beata Figueira Relevant professional e FCA qualification(s) or body e CeMap (Walbrook, formerly London Institute of Banking and (if any): Finance) Address: | 17 Dalmahoy Crescent Balerno 1 Oct 2018

IER

City of Edinburgh, EH14 7DF Section B Disclosure Only complete if the examiner needs to highlight material matters of con￿rn (see CC32, Independent examination of charity accounts,. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018