## **Trustees’ Annual Report for the period** ## **From 01 June 2024 to 31 May 2025** ## **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 a**
**public lecture on the Sistine Chapel on**
**the year of the Jubilee in Rome; Book**
**club events, including a special event**
**on the Italian translation of Manon**
**Steffan Ross’****_Llyfr Glas Nebo_ (The Blue**
**Book of Nebo); Film presentations. Here**
**are the details:**
**Tuesday 19th November:** **Bookclub La**
**Stagione in Giallo - crime fiction -**
**_Almost Blue_by Carlo Lucarelli. Private**
**home of one of the ICCW’s members.**
**Wednesday 4th December: A public**
**lecture delivered in English by**
**dedicated art historian Andrea Domini,**
**revealed the secrets of the Sistine**
**Chapel in Rome. With the Giubileo**
**(Jubilee) approaching in 2025, this**
**lecture provided a timely opportunity to**
**explore Rome's rich artistic heritage.**
**Thursday 30th January: Bookclub, La**
**stagione in Giallo – crime fiction –****_La_**
**_Pista Nera_ by Antonio Manzini. Private**
**home of one of the ICCW’s members.**
**Saturday 1st February Giordano Ferla**
**Piano Recital 'An evening of piano**
**music by Handel, Schubert, Chopin,**
**Rachmaninoff, Spearing and**
**Stravinsky'. **| |||**All Saints Church, Victoria Square**
**Penarth CF64 3EL**
**Monday 10th February. A very Special**
**Book Club event in collaboration with**
**Wales Literature Exchange reading and**
**discussion of the Manon Steffan Ros****_Il_**
**_libro blu di Nebo_ - the Italian**
**Translation of the multi awarded Welsh**
**novel****_Llyfr Glas Nebo_ - The Blue Book**
**of Nebo.**
**Insole Court, Fairwater Rd, Cardiff CF5**
**2LN**
**Sunday 16th February presentation and**
**screening of Vermiglio (dir. Maura**
**Delpero) + Q&A, Chapter Cinema,**
**Market Rd, Cardiff CF5 1QE**
**Wednesday 2nd April, to mark the**
**celebration of the quincentennial**
**birthday of the great Renaissance**
**composer Giovanni Pierluigi da**
**Palestrina (1525-94) we organised a talk**
**with live music on his strategic role in**
**Italian (and European) music. The event,**
**run in partnership with Early Voices**
**Wales Festival (9-11 May 2025 in**
**Llantwit Major) and The Fountain**
**Singers choir, took the form of a talk (in**
**English) by artistic director Anna**
**Cristoni-Apel accompanied by live**
**performances of the Fountain Singers.**
**St John Evangelist's Church, St John's**
**Crescent, Canton, Cardiff, CF5 1NX.**
**WEDNESDAY 21 May La stagione in**
**Giallo – crime fiction – Bookclub:****_La_**
**_Briscola in Cinque_ (2007) di Marco**
**Malvaldi. Private home of one of the**
**ICCW’s members**| |---|---|---| |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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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|**This period of time, thanks to the new**
**arrival of two members of the ICCW**
**team we managed to organize a**
**substantial and varied events, that**
**contributed to raising good number of**
**membership and to reach a good**
**portion of both the Italian and Welsh**
**community 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 792.00**| |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 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|| |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,
CF51NW| ||| **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(if any)**| |---|---|---|---|---| ||Dr Luisa Pèrcopo|||| ||Mr Robin Lyons|||| ||Ms Helen Ramonde Vallis|||| ||Mr Ben Rive|||| ||Mr Brett Robinson|||| ||Prof. Bella Dicks|||| ||Mr Enrico Varchetta|||| ||Mr John PhilipPratt|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Luisa Pèrcopo|| ||
Trustee|| ||15 May 2026|| ||15 May 2026|| ||**Italian Cultural Centre Wales**|**Italian Cultural Centre Wales**|**Italian Cultural Centre Wales**|**No (if any)**||| |---|---|---|---|---|---|---| ||**Receipts andpayments accounts**|||||**CC16a**| |**For**|**the period**
**from**|Period start date
01/06/2024|**To**|Period end date
31/05/2025||| |**Section A Receipts and payments**|**Section A Receipts and payments**|||||| |---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**270**
**360**
**162**
**-**
**-**
**-**
**-**
**-**
**792**
**-**
**-**
**-**
**792**
**386**
**233**
**-**
**-**
**2**
**184**
**-**
**-**
**-**
**805**
**-**
**-**
**-**
**805**
**- 13**
**-**
**3,235**
**3,222**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**270**
**360**
**162**
**-**
**-**
**-**
**-**
**-**
**792**
**-**
**-**
**-**
**792**
**386**
**233**
**-**
**-**
**2**
**184**
**-**
**-**
**-**
**805**
**-**
**-**
**-**
**805**
**- 13**||**Last year**
**to the nearest £**| |Memberships|**270**|||||| |Event on Scarlatti|**360**|||||| |Event on the Sistine Chapel|**162**|||||| |Books|**-**|||||**200**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**792**|||||**200**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**200**| |||||||| |**Website & Internet**|**386**|||||**312**| |**Subsistence**|**233**|||||**159**| |**Travel**|**-**|||||**13**| |**Books**|**-**|||||**146**| |**Bank charges**|**2**|||||**6**| |**Premises**|**184**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**805**|||||**636**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**636**| |||||||| ||**- 13**|**-**|**-**|**- 13**||**- 436**| ||**-**|**-**|**-**|**-**||**-**| ||**3,235**|**-**|**-**|**3,235**||**-**| ||**3,222**|**-**|**-**|**3,222**||**- 436**| CCXX R1 accounts (SS) 16/05/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Cash at bank
Cash on hand
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**3,056**
**-**
**166**
**-**
**-**
**-**
**3,222**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Enrico Varchetta|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Enrico Varchetta|16/05/2026| ||||| CCXX R2 accounts (SS) 16/05/2026 2