## **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: - e the accounting records were not kept in accordance with section 130 of the Charities Act; or - e the accounts did not accord with the accounting records; or - e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. | 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