OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-05-31-accounts

Funds
held as custodian
Funds
held as custodian
trustees on behalf ofothers
Description ofthe assets
held
in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Names and addresses of advisers (Optiona
Type of Name Address
adviser

Description of charity's
trusts:
Type ofgoverning
document
Para 1.25 onstitution
(trust deed, royal charter)
How is the charity Para 1.25 IO
constituted?
(e g unincorporated
association.
CIO
Trustee selection methods
including
details ofany
constitutional
provisions e.g.
election to post or name of
any person or body entitled
ara 1. part from the first two trustees,
the
'founders',
every trustee
is appointed
for a
erm of 1 year by a resolution
passed at a
roperly convened
meeting
ofthe charity
rustees.
to appoint
one or more
trustees
Additional
information
Additional
information
(optional) (optional)
You ma
choose to include further statements
where relevant about:
Policies and procedures
adopted for the induction Para 1 51
and training oftrustees
The charity's organisational
structure
and
any wider Para 1 51
network
with
which the
charity works
Relationship with any related Para 1 51
parties
Other

Charity name name Italian Cultural Italian Cultural Centre Wales
Other name the charity uses ICCW
Registered charity number 1176343
Charity's principal address 10Penllyn Road,
Cardilf
CF5 1NW

Review ofthe charity's
financial
position at the end
ofthe period
Review ofthe charity's
financial
position at the end
ofthe period
Para 121 he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
he Financial
position ofthe charity reviewed
tthe period end shows sufficient realizable
ssets to meet the charity's
liabilities as they
ecome due.
Statement
explaining
the
policy for holding reserves
stating
why they are held
Para 1 22 Reserves are held in order to finance the
activities ofthe chanty whenever
new funds
rom fundraising
events are insufficient
to
meet running
expenses and
harity's objectives.
to pursue the
Amount
of reserves
held
Para 1.22 4036.
Reasons for holding zero ara 1.22 n/a
reserves
Details offund materially
deficit
in Para 1.24 n/a
Explanation
of any
uncertainties
about the
charity continuing as a going
Para 123 here are no uncertainties
regarding
the
charity continuing
as a going concern.
concern
Additional
information
(optional)
You ma
choose to include further
statements where relevant about:
The charity's
principal
sources offunds (including Para 1st
any fundraising)
Investment
policy and
objectives including
any
Para 1.46
social investment
policy
adopted
A description
ofthe principal
Para 1.46
risks facing the charity
Other

SORP reference
Summary
ofthe main
achievements
ofthe 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 Despite some difficulties,
with our activities
we reached a good portion of both the
Italian and Welsh community
in Cardiff and
the surrounding
areas the past year.
We have a solid presence
in Wales.
We keep on raising
awareness
ofthe
importance
of Italian culture and language
learning
in Wales.

e have achieved all the objectives set
Achievements
against
Para 141
objectives set
Performance
of fundraising
activities against
objectives
set
Para 1.41 e raised the sum ofk65 forthe screening
he films Logos Zanzoffo and lipostino.
of
Investment
performance
Para 1.41
against objectives
Other

bjective s and Activitie s
SORP reference
Summanj
the charity
ofthe purposes of
as set out in its
Para 117 Advancement
ofeducation
in the Italian
language
and literature
and advancement
governing document of Italian art and culture through
cross-
cultural experiences
which are ofvalue to
the
ublic,
Summary
ofthe main
activities
in relation tothose
Para 1.17and
1.19
During this time we have slowly resumed
some of our usual
cultural
activities.
purposes
benefit,
in
activities,
for the public
particular,
the
projects or
Saturday 20 November 2021, at the Pier
Pavilion
we organised
the projection of
services
identified
in
the two films
in collaboration
with local
accounts. Snowcat Cinema:
Logos Zanzoffo (Denis Brotto, 2021)
/I Postino (Michael Radford, 1994)
Saturday
8%lay 2022 we organised
a
poetry reading at Bacareto cafe' (13
Church St, Cardiff CF101BG).
Statement
confirming
whether
the trustees
have Para 1.18 he trustees can confirm that have had
regard to the guidance issued
by the Charity
had regard to the guidance ommission
on public benefit.
issued
by
the Chanty
Commission
on public
benefit
Additional information information (optional) (optional)
You ma choose to include further statements where relevant about.
SORP refaence
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
~ ~ ~ ~ ~ ~ ~ ~
Unrestricted Ress icted Endowment
Categories Details funds funds funds
to nealsSt 3 to h88rest K to nearest 3
61 Cash funds Cash at bank 4,036
Total cash funds 4,03S
(egree balances with receiple end payments
ecccnnt(e))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest K to nenl88t f to nearest 3
B2Other monetary assets
Details Furld
asset
towhich
baton
e
Cost (optkloal) Current value
8 tionel
63Investment assets
Details Fund
asset
towhich
helen
8
Cast (optional) Cuflwlt value
o
tonal
B4Assets retained for the
charity's own use
Fund to which Amount due When due
Details ilebal relates 8 lonal 8 tlonsl
65 Liabilities
Signed by one or two trustees
behalf ofall the trustees
on Signature Print Name Date of
approval
Enrico Varchetta 29/03/2023
CCXX R2ac ounts(SS) 31/03/2023