|Funds<br>held as custodian|Funds<br>held as custodian|trustees|on behalf ofothers|
|---|---|---|---|
|Description ofthe assets||||
|held<br>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<br>ofsuch assets||||
|from the charity's<br>own||||
|assets||||



## 

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



## 

## 

## 







## 

|Description of charity's||||||||||
|---|---|---|---|---|---|---|---|---|---|
|trusts:||||||||||
|Type ofgoverning<br>document|Para 1.25|onstitution||||||||
|(trust deed, royal charter)||||||||||
|How is the charity|Para 1.25|IO||||||||
|constituted?||||||||||
|(e g unincorporated||||||||||
|association.<br>CIO||||||||||
|Trustee selection methods<br>including<br>details ofany<br>constitutional<br>provisions e.g.<br>election to post or name of<br>any person or body entitled|ara 1.|part from the first two trustees,<br>the<br>'founders',<br>every trustee<br>is appointed<br>for a<br>erm of 1 year by a resolution<br>passed at a<br>roperly convened<br>meeting<br>ofthe charity<br>rustees.||||||||
|to appoint<br>one or more||||||||||
|trustees||||||||||



|Additional<br>information|Additional<br>information|(optional)|(optional)|||
|---|---|---|---|---|---|
|You ma<br>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<br>and|any wider||Para|1 51||
|network<br>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<br>financial<br>position at the end<br>ofthe period|Review ofthe charity's<br>financial<br>position at the end<br>ofthe period||Para|121|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|he Financial<br>position ofthe charity reviewed<br>tthe period end shows sufficient realizable<br>ssets to meet the charity's<br>liabilities as they<br>ecome due.|
|---|---|---|---|---|---|---|---|---|---|---|
|Statement<br>explaining<br>the<br>policy for holding reserves<br>stating<br>why they are held||Para||1 22|Reserves are held in order to finance the<br>activities ofthe chanty whenever<br>new funds<br>rom fundraising<br>events are insufficient<br>to||||||
||||||meet running<br>expenses and <br>harity's objectives.|||to pursue the|||
|Amount<br>of reserves<br>held||Para||1.22|4036.||||||
|Reasons for holding zero|||ara|1.22|n/a||||||
|reserves|||||||||||
|Details offund materially<br>deficit|in|Para||1.24|n/a||||||
|Explanation<br>of any<br>uncertainties<br>about the<br>charity continuing as a going||Para||123|here are no uncertainties<br>regarding<br>the<br>charity continuing<br>as a going concern.||||||
|concern|||||||||||
|Additional<br>information<br>(optional)<br>You ma<br>choose to include further|||statements||where relevant||about:||||
|The charity's<br>principal|||||||||||
|sources offunds (including||Para 1st|||||||||
|any fundraising)|||||||||||
|Investment<br>policy and|||||||||||
|objectives including<br>any||Para 1.46|||||||||
|social investment<br>policy|||||||||||
|adopted|||||||||||
|A description<br>ofthe principal||Para 1.46|||||||||
|risks facing the charity|||||||||||
|Other|||||||||||






## 

||SORP reference||
|---|---|---|
|Summary<br>ofthe main<br>achievements<br>ofthe charity,<br>identifying<br>the difference the<br>charity's<br>work has made to<br>the circumstances<br>of its<br>beneficiaries<br>and any wider<br>benefits to society as a<br>whole.|Para 1.20|Despite some difficulties,<br>with our activities<br>we reached a good portion of both the<br>Italian and Welsh community<br>in Cardiff and<br>the surrounding<br>areas the past year.<br>We have a solid presence<br>in Wales.<br>We keep on raising<br>awareness<br>ofthe<br>importance<br>of Italian culture and language<br>learning<br>in Wales.|



## 

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





## 

## 

## 

## 

|bjective|s and|Activitie|s||
|---|---|---|---|---|
||||SORP reference||
|Summanj <br>the charity|ofthe purposes of<br> as set out in its||Para 117|Advancement<br>ofeducation<br>in the Italian<br>language<br>and literature<br>and advancement|
|governing|document|||of Italian art and culture through<br>cross-<br>cultural experiences<br>which are ofvalue to|
|||||the<br>ublic,|
|Summary<br>ofthe main<br>activities<br>in relation tothose|||Para 1.17and<br>1.19|During this time we have slowly resumed<br>some of our usual<br>cultural<br>activities.|
|purposes<br>benefit,<br>in <br>activities,|for the public<br> particular,<br>the<br> projects or|||Saturday 20 November 2021, at the Pier<br>Pavilion<br>we organised<br>the projection of|
|services<br>identified<br>in||the||two films<br>in collaboration<br>with local|
|accounts.||||Snowcat Cinema:|
|||||Logos Zanzoffo (Denis Brotto, 2021)|
|||||/I Postino (Michael Radford, 1994)|
|||||Saturday<br>8%lay 2022 we organised<br>a<br>poetry reading at Bacareto cafe' (13<br>Church St, Cardiff CF101BG).|
|Statement<br>confirming<br>whether<br>the trustees||have|Para 1.18|he trustees can confirm that have had<br>regard to the guidance issued<br>by the Charity|
|had regard to the guidance||||ommission<br>on public benefit.|
|issued<br>by|the Chanty||||
|Commission<br>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 <br>asset|towhich<br> baton<br>e||Cost||(optkloal)|Current value<br>8 tionel|
|63Investment||assets|||||||||||
|||||Details||Fund <br>asset|towhich<br> helen<br>8||Cast||(optional)|Cuflwlt value<br>o<br>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<br>behalf ofall the trustees|||on|Signature||||Print|Name|||Date of<br>approval|
|||||||||Enrico|Varchetta|||29/03/2023|
|CCXX|R2ac|ounts(SS)||||||||||31/03/2023|



