## **Trustees’ Annual Report for the period** **From 01 June 2022 Period start date To 31 May 2023 Period end date Charity name: Italian Cultural Centre Wales** ## **Charity registration number: 1176343** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Advancement of education in the Italian**
**language and literature and**
**advancement of Italian art and culture**
**through cross-cultural experiences**
**which are of value to the public.**| |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|**The main activities undertaken for the**
**public benefit during the year were:**
**12 June 2022: Poetry and Performance**
**reading by Italian poet Francesco**
**Strocchi at Bacareto Café Bar, Cardiff**
**- Collaboration with the University of**
**South Wales, in the form of offering a 4-**
**months placement (01/02/2023-**
**31/05/2023) for one of their 3rd year film**
**students, George Cookson. George was**
**in charge of our social media**
**communication (Twitter, Instagram and**
**FB) for that period.**
**Three screening/events of Italian Films**
**in collaboration with Chapter Arts**
**Centre and Cinema in Cardiff and**
**Snowcat Cinema in Penarth.**
**La Stagione in Giallo – A series of Book-**
**club Readings and Adaptations**
**Screening: 24/02/2023 Nostalgia (2022)**
**by Mario Martone with an introduction**
**and Q&A at Chapter Arts Cinema**
**Screening: 23/03/2023 Io non ho paura**
**(2003) by Gabriele Salvatores at Penarth**
**Pavillion with an introduction and Q&A.**
**Bookclub: 24/04/2023 La vita bugiarda**
**degli adulti, at Wines and Vines, Cardiff.**| |||**Screening: 12/05/2023 Le otto montagne**
**(2022) by Felix van Groeningen and**
**Charlotte Vandermeersch with an**
**Introduction and Q&A at Chapter Arts**
**Cinema**| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees can confirm that have had**
**regard to the guidance issued by the**
**Charity Commission on public benefit.**| **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |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|**Despite some difficulties in this**
**financial year, we managed to organize**
**a number of very successful and well**
**attended cultural events that allowed us**
**to continue to reach a diverse group of**
**both Italian and Welsh communities in**
**Cardiff and the surrounding areas.**
**We have a solid presence in Wales.**
**We keep on raising awareness of the**
**importance of Italian culture and**
**language learning in Wales.**| ## **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|**We raised the sum of £220.50.**| Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Financial position of the charity**
**reviewed at the period end shows**
**sufficient realisable assets to meet the**
**charity’s liabilities as they become 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 of the charity whenever new**
**funds from fundraising events are**
**insufficient to meet running expenses**
**and to pursue the charity’s objectives.**| |Amount of reserves held|Para 1.22|**£3669.80.**| |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|**There are no uncertainties regarding the**
**charity continuing as a going concern.**| **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|**CIO**| |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|**Apart from the first two trustees, the**
**“founders”, every trustee is appointed**
**for a term of 1 year by a resolution**
**passed at a properly convened meeting**
**of the charity trustees.**| ## **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|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|**Italian Cultural Centre Wales**| |---|---| |Other name the charity uses|**ICCW**| |Registered charity number|**1176343**| |Charity’s principal address|**10 Penllyn Road**
**Cardiff**
**CF5 1NW**| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---|---| ||Dr Luisa Percopo|||| ||Robin Lyons|||| ||John Philip Pratt|||| ||Ben Rive|||| ||Prof Bella Dicks|||| ||Helen Ramonde
Vallis|||| ||Enrico Varchetta|||| ||Brett Robinson||From 14/12/2022|| ||Dr Luca Paci|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets 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 Details of arrangements for 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 Slgnature(s) Full name(s Posltlon (eg Secretary, Chair, etc) Date 21 /iB 2Q2Q CHARITY COMMI5510N FOR ENGLAND ANO WALES Receipts and payments accounts CC16a Forthe peri4)d To 31n)5r2023 Section A Receipts and payments Unr•strlet•d fund• Restrlct•d fund$ end¢)wment fund• Totsl fund¥ Last year tothfr nMrgst£ toth• DMr••t£ totrh• É to th• numt£ A1 R•¢olpts Sno￿rat Cinerna Membatships 71 160 71 150 65 Sub total(Gn￿S income for AR) A2 Asset and Inve8thient 8a50•, 18ee tsblel. ZZ1 221 Sub total 221 221 66 A3Pa monts Webslt• & It)tgmgt 8uhlJlenco Bank Cha 241 241 343 218 Sub total A4 Asset and Investm•nt urehase8, Isee tablt Sub total 246 Net of rgceipts/(payments) AS Transfers tjetween furK15 A6 Cash funds I￿t year ènd Cash fiinds thls year end 365 181 4.036 3,871 4,036 3.671 CCXX R1 acKounts ISS} 1510312024 Section B Statement of assets and liabilities at the end of the period Unrestricted fund Restricted fund• Endowrnent funds to ngareBt£ catego￿&$ Detalls B1 Cash funds 1671 Total cash funds 3.671 Unf￿trICt0d n•Bro￿£ R•strtct•d to nwwl£ Endowment to noar•st£ Detsils FurAI to ¥thlth CuYNfit valu• Detalls Cw¢ lopWorb•ll FuDd to**lch Curr•ntvalu• Dgts11¥ B4 A888ts retsined lor the oharlty'8 own FWKI tr¥ ountd Whon du• Detarl$ BS Llabllltlo8 SvJned by on8 ortsw truslees behawof all Ihe tnJst88S Prinl Name Date of Enrioj Varthetta 1510312024 CCXX R2 aceounts ISSI 151¢)3r2024