CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for the period
From 01 April 2023 To 31 March 2024
Charity name: The Foundation For Palliative Care Education
Charity registration number: 1174758
Objectives and Activities
SORP
reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
The Foundation for Palliative Care
Education (PACED) aims to improve the
quality of palliative care and make it
available in the countries where it is
underdeveloped,with a primary focus on
Central Asia, Caucasus, Eastern Europe.
The Baltic countries are also in our focus.
Our objectives are..
(a) the provision of systematic support to
professionals and enthusiasts in the field of
end-of-life and palliative care,. and
(b) the facilitation of better access to
quality education and methods of
integration for palliative carers.
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
PACED activities reflect its five
strategic objectives for 2021-2024, which
are to:
1. Support the professional development
of health and care workers to develop
their knowledge, attitudes and skills in
providing palliative care.
2. Help raise standards of palliative care
teaching in undergraduate andlor
postgraduate andlor specialist settings.
3. Support targeted palliative care
initiatives in focus countries (Central Asia,
Caucasus, Eastern Europe and the Baltic
region).
4. Encourage and support cooperation
and joint learning between countries
in Central Asia, Caucasus, Eastern Europe
and the Baltic region.
5. Build PACED organisational
infrastructure and systems, and
develop its visibility and reputation on
national. regional and global stages.

Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18
The charity Trustees confirm that..
they are aware of the guidance
they have taken it into account
when making a decision to which the
guidance is relevant
if they have decided to depart from
the guidance, they have a good reason for
doing so (not applicable in year under
review)
Additional information (optional)
You ma
choose to include further statements where relevant about..
SORP
reference
Rules and procedures of PACED
professional grants program
Policy on grant making
Para 1.38
Not Applicable
Policy on social investment
including program related
investment
Para 1.38
Not Applicable
Contribution made by
volunteers
Para 1.38
The following policies and codes have been
approved in PACED:
Internal charity financial controls policy
and procedures
Safeguarding policy and procedures
Internal risk management policy and
procedures
Trustee expenses policy and procedures
Trustee conflicts of interest policy and
procedures
Trustee code of conduct
Anti-harassment and bullying policy
Complaints Policy and Procedures
Social media policy
Other

Achievements and Performance
SORP
reference
In the reporting period, PACED
further developed and strengthened its
professional platform for palliative care
professionals
PACED Network in
Telegram previously known as Knowledge
Hub. The total number of participants in this
Telegram channel is over 60 leaders from
8 countries, all of whom are professionals
and opinion leaders in the field of palliative
care.
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
In the reporting period, PACED
prepared and held 11 webinars for
professionals in palliative care attended in
real time mode by 283 participants from
more than 30 countries. The vast majority
of the participants were from countries of
the PACED presence. The webinars were
published on PACED YouTube channels
and collected over 1,250 views.
In the reporting period PACED
issued 27 video and text publications in two
languages (English as well as Russian
which is a working language for many
palliative care professionals from the
countries of PACED presence). These
publications include 10 news digests
covering scientific and practical aspects of
palliative care provision.
In January 2024 PACED launched its
professional mobility grants program for
palliative care professionals. This initiative
supports professionals in expanding their
expertise through participation in global
conferences and workshops, covering
expenses like travel. accommodation, and
registration. There were received 32
applications from eight countries. Of these,
24 applications were deemed eligible,
demonstrating the high caliber of
submissions and the broad interest across
the region. The results of the competition
were announced in March 2024, and one
person (representative of Kazakhstan) was
selected as the winner, who will attend the
6th Maruzza International Congress on
Paediatric Palliative Care in October 2024
in Rome, Italy.

Additional information (optional)
You ma
choose to include further statements where relevant about:
Not Applicable
Achievements against
objectives set
Para 1.41
Not Applicable
Performance of fundraising
activities against objectives
set
Para 1.41
Not Applicable
Investment performance
against objectives
Para 1.41
Not Applicable
Other
Financial Review
Review of the charity's
financial position at the end
of the period
Para 1.21
Income for the year ended 31 March
2024 totalled £26,104.30 which
represented a more than four times
increase as opposed to the previous year.
Expenditures for the year ended 31 March
2024 totalled £23.846.38 Most of the
expenditure for the financial
year was on subcontractors involved in
implementation of programme activities.
All donations received for the year were
unrestricted and have been classified as
such.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
Reserves are only held in so far as
funds not spent during the year are
carried forward to the next financial year
to be used towards the goals of the
organisation and its programmes.
Amount of reserves held
Para 1.22
The funds carried forward of £1,566.92 are
placed in reserves and will be used as
needed per the previous paragraph.

Reasons for holding zero
reserves
Para 1.22
nla
Details of fund materially in
deficit
Para 1.24
nla
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23
As with most charities, we are
dependant on donations and would not
be able to continue operations should
donations not be received. We are doing
our best to increase the financial
sustainability of PACED.
Additional information (optional)
You ma
choose to include further statements where relevant about:
All income was received via donations from
corporate and individual donors.
The charity's principal
sources of funds (including
any fundraising)
Para 1.47
nla
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
nla
A description of the principal
risks facing the charity
Para 1.46
Other
nla
Structure, Governance and Management
Description of charity's
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25
Constitution of the Foundation for
Palliative Care Education (PACED) dated
15 February 2017.
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25
PACED is constituted as a Charitable
Incorporated Organisation (CIO).
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
Para 1.25
According to PACED Constitution the
method is as follows:
"Apart from the first charity trustees,
every trustee must be appointed by a

any person or body entitled
to appoint one or more
trustees
resolution passed at a properly convened
meeting of the charity trustees.
In selecting individuals for appointment
as charity trustees, the charity trustees
must have regard to the skills, knowledge
and experience needed for the effective
administration of the CIO"
Additional information (optional)
You ma
choose to include further statements where relevant about:
Internal charity financial controls policy
and procedures
Safeguarding policy and procedures
Internal risk management policy and
procedures
Trustee expenses policy and procedures
Trustee conflicts of interest policy and
procedures
Trustee code of conduct
Anti-harassment and bullying policy
Complaints Policy and Procedures
Social media policy
Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
No comment
The charity's organisational
structure and any wider
network with which the
charity works
Para 1.51
No comment
Relationship with any related
parties
Para 1.51
No comment
Other
Reference and Administrative details
Charity name
The Foundation for Palliative Care Education
Other name the charity uses
Registered charity number
PACED
1174758
Charity's principal address
Flat 5, 37 Cadogan Square, London. SW1 X OHU

Names of the charity trustees who manage the charity
Trustee name
Office (if any)
Dates acted if
not for whole
year
Name of
person (or
body) entitled
to appoint
trustee (if any)
Mr Dmitry
Yampolskiy
Whole year
Ms Anna
Federmesser
Whole year
10
11
12
13
14
15
16
17
18
19
20
Cor
orate trustees - names of the directors at the date the re
Director name
ortwasa
roved
nla

Name of trustees holding title to property belonging to the charity
Trustee name
Dates acted if not for
whole year
nla
Funds held as custodian trustees on behalf of others
Description of the assets
Not Applicable
held in this capacity
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Not Applicable
Details of arrangements for
safe custody and
segregation of such assets
from the charity's own assets
Not Applicable
Additlonal information (optional)
Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Dmitry Yampolskiy, Chair
Exemptions from disclosure
Reason for non-disclosure of ke
ersonnel details
Not Applicable
Other o
tional 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)
Dmitry Yampolskiy
Anna Federmesser
Chair
Trustee
Position (eg Secretary,
Chair. etc)
Date 10 October 2024

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
Charity reglstration number 1174758
The Foundation for Palliative Care Education
Annual Report And Unaudited Financial Statements
For The Year Ended 31 March 2024

Docusign Envelope 10.. 1 DFD25tX).OF81472D.ABAO_32DDD34DC5E2
The Foundation for Palliative Care Education
Legal And Administrative Information
Trustees
Mr Dmitry Yampolskiy
Ms Anna Federmesser
Charity number
1174758
Principal address
Flat 5
37 Cadogan Square
London
SW1X OHU
Independent examiner
Loucas
The Carriage House
Mill Slreel
Maidslone
Kent
ME15 6YE
Bankers
Barclays Bank UK PLC
1 Churchill Place
London
E14 5HP

Docusign Envelope10'. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Contents
Page
Tru5tees' report
Independent examinerfs report
Stalemenl of financial activities
Balance sheet
Notes to the financial statements
7-10

Docusign Envelope ID.. 1DF025DO-OF81472D-ABAO-32DDD340C5E2
The Foundation for Palliative Care Education
Trustees, Report
For The Year Ended 31 March 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial slatemenls have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounls in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
{effective 1 January 2019).
Objectives. activities and publi¢ benefit
The Foundation for Palliative Care Education (PACED) aims to improve the quality of palliative care and make it
available in the countries where it is underdeveloped, with a primary focus on Central Asia. Caucasus and Eastem
Europe including the Ballic countries.
Our objectives are..
(a) the provision of systematic support to professionals and enthusiasts in Ihe field of end-of-life and pallialive care.
and
(bl the facilitation of better access to quality education and methods of integration for pallialive carers
The charity Trustees confirm that..
1. They are aware of the guidance
2. They have taken il into account when making a decision lo which the guidance is relevant
3. If they have decided to depart from the guidance, they have a good reason for doing so (not applicable in year
under review)
Aclivitl8S
PACED activities reflect its five strategic objectives for 2021-2024, which are to..
1. Support the professional development of health and care workers to develop their knowledge, attitudes and skills
in providing palliative care
2. Help raise standards of palliative care teaching in undergraduale, postgraduate and specialist settings
3. Support targeted palliative care inilialives in focus countries (Central Asia, Caucasus. Eastern Europe and the
Baltic region}
4. Encourage and support cooperation and joint learning between countries in Central Asia, Caucasus, Eastem
Europe and the Baltic region.
5. Build PACED organisational infrastructure and systems, and develop its visibility and reputation on national.
regional and global stages.
Achievements and performance
SignifiGant activities and achievements againsl objectives
1. In the reporting period, PACED further developed and strengthened its professional platform for palliative care
professionals - PACED Network in Telegram previously known as Knowledge Hub. The lolal number of participants
in this Telegram channel is over 60 leaders from 8 countries, all of whom are professionals and opinion leaders in
the field of palliative care.
2. In the reporting period. PACED prepared and held 11 webinars for professionals in palliative care attended in real
time mode by 283 participants from more than 30 countries. The vast majority of the participants were from
countries of the PACED presence. The webinars were published on PACED YouTube channels and collected over
1,250 views.
3. In the reporting period PACED issued 27 video and text publicalions in two languages (English as well as
Russian which is a working language for many palliative care professionals from the countries of PACED presence).
These publications include 10 news diges15 covering scientific and practical aspects of palliative care provision.
4. In January 2024 PACED launched ils professional mobility grants programme for palliative care professionals.
This initiative supports professionals in expanding their expertise through participalion in global conferences and
workshops. covering expenses like travel, accommodation, and registration. There were 32 applications received
from eight countries. Of these, 24 applications were deemed eligible. demonstrating the high caliber of submissions
and the broad interesl across the region. The results of the competition were announced in March 2024, and one
person (representative of Kazakhstan) was selected a5 the winner. who will attend the 6th Maruzza International
Congress on Paedialric Palliative Care in Oclober 2024 in Rome. Italy.
Page 1

Docusign Envelope ID.. 1 DFD2500-OF81472D-A8AO-32DDD34DC5E2
The Foundation for Palliative Care Education
Trustees, Report (Continued)
For The Year Ended 31 March 2024
Financial review
Income for the year ended 31 March 2024 totaled £26,104.30 which represented a more than four limes increase as
opposed to the previous year.
Expenditures for the year ended 31 March 2024 totalled £23,846.38. Most of the expenditure for the financial year
was on consultants involved in implementation of programme activities.
All donations received for Ihe year were unrestrided and have been classified as such.
Going concem
As with most charities, we are dependent on donations and would nol be able to continue operations should
donations not be received. We do not think this will happen in the near future. We are doing our best to increase the
financial sustainabilily of PACED.
Resejves policy
Reserves are only held in so far as funds not spent during the year are carried forward to the next financial year to
be used towards the goals of the organisation and ils programmes.
The funds carried foNard of £1,566.92 are placed in resetves and will be used as needed per the previous
paragraph.
Principal funding sources
All income was received via donations (corporate and individual donors).
We have established an internal fundraising committee lo systemise our fundraising efforts. As a result, we have
pipeline of potential donors in some countries of our presence (Central Asia, Caucasus, Eastern Europe, Baltic
stales) who might want to support specific PACED initiatives in their country or region. Besides this, we are actively
applying for relevant grants and expect to start Seeing positive results in the next few months. Also, we continue our
fundraising meetings with our Trustees on a regular basis.
.We have streamlined and strengthened our activities on our social media (Facebook, Linkedln. YouTube,
Instagram} to raise the general awareness of PACED which is an inherent part of fundraising.
Our confirmed commitments from donors for the next financial year are around £40,000 now, and the ideal largel
budget for the next financial year is £140.000.
Page 2

Docusign Envelope10.' 1 DFD25DO-OF81472D-ABAO-32DDD34DG5E2
The Foundation for Palliative Care Education
Trustees, Report (Continued)
For The Year Ended 31 March 2024
Structure, governance and management
PACED is conslituled as a Charitable Incorporated Organisation (CIO). The Constitution of the Foundation for
Palliative Care Education (PACED) is daled 15 February 2017.
The trustees who served during the year and up to the date of signalure of the financial statements were..
Mr Dmilry Yampolskiy
Ms Anna Federmesser
Recruitment and appointmenl of twstees
According to PACED Conslitution the method is as follows-.
"Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened
meeting of the charity trustees. In selecting individuals for appointment as charily trustees, the charity trustees must
have regard lo the skills, knowledge and experience needed for the effective administration of the CIO"
Othermatters
The following policies and codes have been approved in PACED..
Internal charity financial controls policy and procedures
Safeguarding policy and procedures
Internal risk management policy and procedures
Trustee expenses policy and procedures
Trustee conflicts of interest policy and procedures
- Trustee code of conduct
Anli-harassment and bullying policy
Complaints Policy and procedures
Soci81 media policy
The trustees, report was approved by Ihe Board of Trustees.
Mr Dmilry Yampolskiy
Chair
Ms Anna Federmesser
Trustee
10 October 2024
Page 3

Docusign Envelope 10.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Independent Examiner's Report
To The Trustees Of The Foundation for Palliative Care Education
report to the trustees on my examination of the financial statements of The Foundation for Palliative Care
Education (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Acl 2011 (Ihe 2011 Act).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145{5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn lo the fact thal the charity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulalions but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective for reporting period5 beginning on or after 1 January 2015.
I have completed my examination. I confirm Ihal no mallers have come to my attention in connection with the
examination giving me cause to believe Ihal in any material fespecl..
accounting records were not kept in respect of the charity as required by seclion 130 of the 2011 Act- or
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounls 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.
I 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 financtal statements to be reached.
Athos Louca. FCCA, ICPAC (Senior Statutory Auditor)
for and on behalf of
Loucas
The Carriage House
Mill Street
Maidslone
Kent
ME15 6YE
Dated.. 10 October 2024
Page 4

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-320D034DC5E2
The Foundation for Palliative Care Education
Statement Of Financial Activities
Including Income And Expenditure Account
For The Year Ended 31 March 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income from:
Donations and legacies
26,104
6,075
Expenditure on..
Charitable activities
23,846
35,722
Total charitable expenditure
23.846
35,722
Net incomel{expenditure) and movement in funds
2,258
(29,647)
Reconciliation of funds:
Fund balances at 1 Apfil 2023
{691)
28,956
Fund balances at 31 March 2024
1.567
(691)
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing aclivilies.
Page 5

tk)cu5ign Envelope ID.. 1DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Balance Sheet
As At 31 March 2024
2024
2023
Notes
Current assets
Cash at bank and in hand
2,449
149
Creditors: amounts falling due wlthln
one year
882
840
Net current assetsl(liabilitiesl
1,567
(691)
The funds of the charity
Unrestricted funds
1,567
(691)
1.567
(691)
The financial statements were approved by the trustees on 10 October 2024
Mr Dmitry Yampolskiy
Chair
Ms Anna Federmesser
Trustee
Page 6

Docusign Envelop& ID.. 1DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements
For The Year Ended 31 March 2024
Accounting policies
Charity informatlon
The Foundation for Palliative Care Education is a Charitable Incorporated Organisation and is a registered
charity no 1174758
1.1 Accountlng convention
The financial statements have been prepared in accordance with the charity's constilution, the Charities Act
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102.)
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 Janu8ry 2019). The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the exlenl required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 ralher than the version of the Statement of
Recommended Practice which is referred lo in the Regulations bul which has since been withdrawn.
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amounts in these financial slatements are rounded to the nearest £.
The financial slalemenls have been prepared under the historical cost convenlion. The principal accounting
policies adopled are set out below.
1.2 Golng concern
Al the time of approving the financial statements, Ihe trustees have a reasonable expectation that the charity
has adequate resources to conlinue in operational existence for the foreseeable future. Thus the trustees
continue lo adopt Ihe going concern basis of accounting in preparing Ihe financial slatements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Iruslees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific Conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been met,
Ihe amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once Ihe charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenanl is recognised at the lime of the donation.
Legacies are recognised ori receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipl is expected. If the amount is not known, the legacy is treated as a
conlingent asset.
Page 7

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
A¢¢ounting policies
(Continued)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit io a
Ihird party, it is probable that a transfer of economic benefits will be required in settlement, and the amounl of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared cosls, including support costs involved in undertaking each activity. Direct costs attribulable to a single
activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spenl, and
depreciation charges are allocaled on the portion of the asset's use.
1.6 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of Ihree months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
Bas1¢ financial assets
Basic financial assets, which include debtors and cash and bank balances, are inilially measured at
transaction price including transaction cosls and are subsequently carried al amortised cost using the effective
interest method unless the arrangement constilules a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a markel rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as currenl liabilities if payment is due within one
year or less. If not, Ihey are presented as non-current liabilities. Trade creditors are recognised initially at
Iransaclion price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilitlos
Financial liabilities are derecognised when the charity's contradual obligalions expire or are discharged or
cancelled.
Critical accounting estimates and judgements
In the applicalion of the charity's accounting policies, the trustees are required lo make judgements, eslimales
and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other
sources. The eslimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in Ihe period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Page 8

Docuslgn Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DD034DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
Income from donations and legacles
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
26,104
6,075
Expenditure on charitable activities
Charitable
Charitable
Expenditure Expenditure
2024
2023
Direct costs
Conference Expenses
NeI￿orkIng
Travel and Subsistence
Accounting and Examiners Fees
Bank charges
Computer and Internet
Software
Legal and Professional
IT services
Training
Membership
Consultancy Fees
Website costs
209
1,161
312
1,310
421
116
120
148
906
135
87
90
850
72
139
74
33,012
228
120
19,854
204
23,846
35,722
Analysis by fund
Unrestricted funds
23,846
35,722
Net movement in funds
2024
2023
The nel movement in funds is stated after chargingl(crediling)'.
Fees payable to Ihe charity's independent examiner..
for other financial servi￿$
882
840
Independant Exarniner's Remuneration
Fees payable lo the Independanl Examiner
2024
2023
For other services
Independant Examination
882
840
Page 9

Docusign Envelope ID.. 1 DFD2500-OF814720-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
Trustees
None of the Iruslees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Taxation
The charity is exempl from taxation on its activities because all its income is applied for charitable purposes.
Credltors: amounts falling due within one year
2024
2023
Accruals and deferred income
882
840
10 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Irustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
1691)
26,104
(23,846)
1,567
Prevlous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
General funds
28,956
6,075
(35,722)
(691)
11 Related party transactions
There were no disclosable related party Iransaclions during the year (2023 - none).
Page 10

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
Charity reglstration number 1174758
The Foundation for Palliative Care Education
Annual Report And Unaudited Financial Statements
For The Year Ended 31 March 2024

Docusign Envelope 10.. 1 DFD25tX).OF81472D.ABAO_32DDD34DC5E2
The Foundation for Palliative Care Education
Legal And Administrative Information
Trustees
Mr Dmitry Yampolskiy
Ms Anna Federmesser
Charity number
1174758
Principal address
Flat 5
37 Cadogan Square
London
SW1X OHU
Independent examiner
Loucas
The Carriage House
Mill Slreel
Maidslone
Kent
ME15 6YE
Bankers
Barclays Bank UK PLC
1 Churchill Place
London
E14 5HP

Docusign Envelope10'. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Contents
Page
Tru5tees' report
Independent examinerfs report
Stalemenl of financial activities
Balance sheet
Notes to the financial statements
7-10

Docusign Envelope ID.. 1DF025DO-OF81472D-ABAO-32DDD340C5E2
The Foundation for Palliative Care Education
Trustees, Report
For The Year Ended 31 March 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial slatemenls have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's constitution, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounls in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
{effective 1 January 2019).
Objectives. activities and publi¢ benefit
The Foundation for Palliative Care Education (PACED) aims to improve the quality of palliative care and make it
available in the countries where it is underdeveloped, with a primary focus on Central Asia. Caucasus and Eastem
Europe including the Ballic countries.
Our objectives are..
(a) the provision of systematic support to professionals and enthusiasts in Ihe field of end-of-life and pallialive care.
and
(bl the facilitation of better access to quality education and methods of integration for pallialive carers
The charity Trustees confirm that..
1. They are aware of the guidance
2. They have taken il into account when making a decision lo which the guidance is relevant
3. If they have decided to depart from the guidance, they have a good reason for doing so (not applicable in year
under review)
Aclivitl8S
PACED activities reflect its five strategic objectives for 2021-2024, which are to..
1. Support the professional development of health and care workers to develop their knowledge, attitudes and skills
in providing palliative care
2. Help raise standards of palliative care teaching in undergraduale, postgraduate and specialist settings
3. Support targeted palliative care inilialives in focus countries (Central Asia, Caucasus. Eastern Europe and the
Baltic region}
4. Encourage and support cooperation and joint learning between countries in Central Asia, Caucasus, Eastem
Europe and the Baltic region.
5. Build PACED organisational infrastructure and systems, and develop its visibility and reputation on national.
regional and global stages.
Achievements and performance
SignifiGant activities and achievements againsl objectives
1. In the reporting period, PACED further developed and strengthened its professional platform for palliative care
professionals - PACED Network in Telegram previously known as Knowledge Hub. The lolal number of participants
in this Telegram channel is over 60 leaders from 8 countries, all of whom are professionals and opinion leaders in
the field of palliative care.
2. In the reporting period. PACED prepared and held 11 webinars for professionals in palliative care attended in real
time mode by 283 participants from more than 30 countries. The vast majority of the participants were from
countries of the PACED presence. The webinars were published on PACED YouTube channels and collected over
1,250 views.
3. In the reporting period PACED issued 27 video and text publicalions in two languages (English as well as
Russian which is a working language for many palliative care professionals from the countries of PACED presence).
These publications include 10 news diges15 covering scientific and practical aspects of palliative care provision.
4. In January 2024 PACED launched ils professional mobility grants programme for palliative care professionals.
This initiative supports professionals in expanding their expertise through participalion in global conferences and
workshops. covering expenses like travel, accommodation, and registration. There were 32 applications received
from eight countries. Of these, 24 applications were deemed eligible. demonstrating the high caliber of submissions
and the broad interesl across the region. The results of the competition were announced in March 2024, and one
person (representative of Kazakhstan) was selected a5 the winner. who will attend the 6th Maruzza International
Congress on Paedialric Palliative Care in Oclober 2024 in Rome. Italy.
Page 1

Docusign Envelope ID.. 1 DFD2500-OF81472D-A8AO-32DDD34DC5E2
The Foundation for Palliative Care Education
Trustees, Report (Continued)
For The Year Ended 31 March 2024
Financial review
Income for the year ended 31 March 2024 totaled £26,104.30 which represented a more than four limes increase as
opposed to the previous year.
Expenditures for the year ended 31 March 2024 totalled £23,846.38. Most of the expenditure for the financial year
was on consultants involved in implementation of programme activities.
All donations received for Ihe year were unrestrided and have been classified as such.
Going concem
As with most charities, we are dependent on donations and would nol be able to continue operations should
donations not be received. We do not think this will happen in the near future. We are doing our best to increase the
financial sustainabilily of PACED.
Resejves policy
Reserves are only held in so far as funds not spent during the year are carried forward to the next financial year to
be used towards the goals of the organisation and ils programmes.
The funds carried foNard of £1,566.92 are placed in resetves and will be used as needed per the previous
paragraph.
Principal funding sources
All income was received via donations (corporate and individual donors).
We have established an internal fundraising committee lo systemise our fundraising efforts. As a result, we have
pipeline of potential donors in some countries of our presence (Central Asia, Caucasus, Eastern Europe, Baltic
stales) who might want to support specific PACED initiatives in their country or region. Besides this, we are actively
applying for relevant grants and expect to start Seeing positive results in the next few months. Also, we continue our
fundraising meetings with our Trustees on a regular basis.
.We have streamlined and strengthened our activities on our social media (Facebook, Linkedln. YouTube,
Instagram} to raise the general awareness of PACED which is an inherent part of fundraising.
Our confirmed commitments from donors for the next financial year are around £40,000 now, and the ideal largel
budget for the next financial year is £140.000.
Page 2

Docusign Envelope10.' 1 DFD25DO-OF81472D-ABAO-32DDD34DG5E2
The Foundation for Palliative Care Education
Trustees, Report (Continued)
For The Year Ended 31 March 2024
Structure, governance and management
PACED is conslituled as a Charitable Incorporated Organisation (CIO). The Constitution of the Foundation for
Palliative Care Education (PACED) is daled 15 February 2017.
The trustees who served during the year and up to the date of signalure of the financial statements were..
Mr Dmilry Yampolskiy
Ms Anna Federmesser
Recruitment and appointmenl of twstees
According to PACED Conslitution the method is as follows-.
"Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened
meeting of the charity trustees. In selecting individuals for appointment as charily trustees, the charity trustees must
have regard lo the skills, knowledge and experience needed for the effective administration of the CIO"
Othermatters
The following policies and codes have been approved in PACED..
Internal charity financial controls policy and procedures
Safeguarding policy and procedures
Internal risk management policy and procedures
Trustee expenses policy and procedures
Trustee conflicts of interest policy and procedures
- Trustee code of conduct
Anli-harassment and bullying policy
Complaints Policy and procedures
Soci81 media policy
The trustees, report was approved by Ihe Board of Trustees.
Mr Dmilry Yampolskiy
Chair
Ms Anna Federmesser
Trustee
10 October 2024
Page 3

Docusign Envelope 10.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Independent Examiner's Report
To The Trustees Of The Foundation for Palliative Care Education
report to the trustees on my examination of the financial statements of The Foundation for Palliative Care
Education (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Acl 2011 (Ihe 2011 Act).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145{5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn lo the fact thal the charity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulalions but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective for reporting period5 beginning on or after 1 January 2015.
I have completed my examination. I confirm Ihal no mallers have come to my attention in connection with the
examination giving me cause to believe Ihal in any material fespecl..
accounting records were not kept in respect of the charity as required by seclion 130 of the 2011 Act- or
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounls 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.
I 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 financtal statements to be reached.
Athos Louca. FCCA, ICPAC (Senior Statutory Auditor)
for and on behalf of
Loucas
The Carriage House
Mill Street
Maidslone
Kent
ME15 6YE
Dated.. 10 October 2024
Page 4

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-320D034DC5E2
The Foundation for Palliative Care Education
Statement Of Financial Activities
Including Income And Expenditure Account
For The Year Ended 31 March 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income from:
Donations and legacies
26,104
6,075
Expenditure on..
Charitable activities
23,846
35,722
Total charitable expenditure
23.846
35,722
Net incomel{expenditure) and movement in funds
2,258
(29,647)
Reconciliation of funds:
Fund balances at 1 Apfil 2023
{691)
28,956
Fund balances at 31 March 2024
1.567
(691)
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing aclivilies.
Page 5

tk)cu5ign Envelope ID.. 1DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Balance Sheet
As At 31 March 2024
2024
2023
Notes
Current assets
Cash at bank and in hand
2,449
149
Creditors: amounts falling due wlthln
one year
882
840
Net current assetsl(liabilitiesl
1,567
(691)
The funds of the charity
Unrestricted funds
1,567
(691)
1.567
(691)
The financial statements were approved by the trustees on 10 October 2024
Mr Dmitry Yampolskiy
Chair
Ms Anna Federmesser
Trustee
Page 6

Docusign Envelop& ID.. 1DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements
For The Year Ended 31 March 2024
Accounting policies
Charity informatlon
The Foundation for Palliative Care Education is a Charitable Incorporated Organisation and is a registered
charity no 1174758
1.1 Accountlng convention
The financial statements have been prepared in accordance with the charity's constilution, the Charities Act
2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102.)
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 Janu8ry 2019). The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the exlenl required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 ralher than the version of the Statement of
Recommended Practice which is referred lo in the Regulations bul which has since been withdrawn.
The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amounts in these financial slatements are rounded to the nearest £.
The financial slalemenls have been prepared under the historical cost convenlion. The principal accounting
policies adopled are set out below.
1.2 Golng concern
Al the time of approving the financial statements, Ihe trustees have a reasonable expectation that the charity
has adequate resources to conlinue in operational existence for the foreseeable future. Thus the trustees
continue lo adopt Ihe going concern basis of accounting in preparing Ihe financial slatements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Iruslees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific Conditions by donors that the capital must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been met,
Ihe amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once Ihe charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenanl is recognised at the lime of the donation.
Legacies are recognised ori receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipl is expected. If the amount is not known, the legacy is treated as a
conlingent asset.
Page 7

Docusign Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
A¢¢ounting policies
(Continued)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit io a
Ihird party, it is probable that a transfer of economic benefits will be required in settlement, and the amounl of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared cosls, including support costs involved in undertaking each activity. Direct costs attribulable to a single
activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spenl, and
depreciation charges are allocaled on the portion of the asset's use.
1.6 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of Ihree months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
Bas1¢ financial assets
Basic financial assets, which include debtors and cash and bank balances, are inilially measured at
transaction price including transaction cosls and are subsequently carried al amortised cost using the effective
interest method unless the arrangement constilules a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a markel rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost. using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as currenl liabilities if payment is due within one
year or less. If not, Ihey are presented as non-current liabilities. Trade creditors are recognised initially at
Iransaclion price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilitlos
Financial liabilities are derecognised when the charity's contradual obligalions expire or are discharged or
cancelled.
Critical accounting estimates and judgements
In the applicalion of the charity's accounting policies, the trustees are required lo make judgements, eslimales
and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other
sources. The eslimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in Ihe period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Page 8

Docuslgn Envelope ID.. 1 DFD25DO-OF81472D-ABAO-32DD034DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
Income from donations and legacles
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
26,104
6,075
Expenditure on charitable activities
Charitable
Charitable
Expenditure Expenditure
2024
2023
Direct costs
Conference Expenses
NeI￿orkIng
Travel and Subsistence
Accounting and Examiners Fees
Bank charges
Computer and Internet
Software
Legal and Professional
IT services
Training
Membership
Consultancy Fees
Website costs
209
1,161
312
1,310
421
116
120
148
906
135
87
90
850
72
139
74
33,012
228
120
19,854
204
23,846
35,722
Analysis by fund
Unrestricted funds
23,846
35,722
Net movement in funds
2024
2023
The nel movement in funds is stated after chargingl(crediling)'.
Fees payable to Ihe charity's independent examiner..
for other financial servi￿$
882
840
Independant Exarniner's Remuneration
Fees payable lo the Independanl Examiner
2024
2023
For other services
Independant Examination
882
840
Page 9

Docusign Envelope ID.. 1 DFD2500-OF814720-ABAO-32DDD34DC5E2
The Foundation for Palliative Care Education
Notes To The Financial Statements (Continued)
For The Year Ended 31 March 2024
Trustees
None of the Iruslees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
Taxation
The charity is exempl from taxation on its activities because all its income is applied for charitable purposes.
Credltors: amounts falling due within one year
2024
2023
Accruals and deferred income
882
840
10 Unrestricted funds
The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Irustees for specific purposes.
At 1 April
2023
Incoming
resources
Resources At 31 March
expended
2024
General funds
1691)
26,104
(23,846)
1,567
Prevlous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
General funds
28,956
6,075
(35,722)
(691)
11 Related party transactions
There were no disclosable related party Iransaclions during the year (2023 - none).
Page 10