2021-07-31-accounts - Bulgarian Educational And Cultural Association Moiata Azbuka

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Trustees’ Annual Report for the period

From 1-Aug-2020 Period start date To 31-Jul-2021 Period end date

Charity name: BULGARIAN EDUCATIONAL AND CULTURAL ASSOCIATION MOIATA AZBUKA

Charity registration number: 1181694

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	For the public benefit, to advance the education of the public, in particular (but not exclusively) children up to the age of 18 of Bulgarian origin and their families, in the subject of Bulgarian language, geography, history, culture and heritage, primarily (but not exclusively) through the provision of supplementary education services.
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	For children: • Provision of Bulgarian language classes • Provision of Bulgarian History & Geography classes • Provision of traditional folk dance and singing • For children & adults, and for general public/local community (non-members) • Preparation and Celebration of “Survakari” festival • Preparation and Celebration of famous heritage festival “Kukerite” • Preparation and Celebration of Bulgarian Traditional day called “Baba Marta” & “Martenitza • Preparation and Celebration of the Day of Cyrillic Alphabet • Celebration of important to Bulgaria historically related days • Additional celebrations, such as Christmas, Orthodox Easter, St George’s Day, Mothers’ Day, Fathers’ Day
Statement confirming whether the trustees have had regard to the guidance issued by the Charity	Para 1.18	Trustees had due regard to Charity Commission public benefit guidance when they are planning each of these activities.

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	N/A
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	As ever, the understanding, support and contribution by volunteers, parents and carers make our impact greater and wider.
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	Our organisation further expanded in the 4 London boroughs where many children between age of 5 and 14, their families and carers have been impacted by the activities, celebrations and festivals provided and organised by the association. In the challenging circumstances of the 2020-2021 second lockdown the association extended the hours of connection and services via remote online link. From 8 March 2021 half of the School went back to normal face to face lessons. More people, family members participated in our remote connections during the lockdown compared to the first part of the reported period. No challenge can put us down.

Additional information (optional)

You may choose to include further statements	You may choose to include further statements	where relevant about:
Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Despite the challenges of the second lockdown in 2020-2021, we didn’t stop our operations and services to communities. We made every effort to keep the connection with every member and non- member via online remote link. Although we had more regular participation, better coverage and our service and impact was better received, but everyone was so happy to return to normal school activity in March 2021.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We held some reserves with hopes that when the lockdown ended, we would have funds to put deposits on new lease agreements
Amount of reserves held	Para 1.22	£3100.00
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional)

Additional information (optional)	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	• Registration fees • Grant from Bulgarian Ministry of Education • donations
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	N/A
Other		N/A

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	Nominated and elected by the members

Additional information (optional)

You may choose to include further statements where relevant about:

N/A Policies and procedures adopted for the induction Para 1.51 and training of trustees N/A The charity’s organisational structure and any wider Para 1.51 network with which the charity works N/A Relationship with any Para 1.51 related parties N/A Other

Reference and Administrative details

Charity name	Bulgarian Educational and Cultural Association Moiata Azbuka
Other name the charity uses	Bulgarian School Moiata Azbuka
Registered charity number	1181694
Charity’s principal address	4 Booth House High Street Bretford Middlesex TW8 8LL

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 (ifany)
	Iliana Lazarova
	DessyTsolova
	Daniela Petkova

– 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 N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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

N/A

Other optional information

N/A

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
	Daniela Petkova
	Trustee & CEO
	29 Jun 2022
	29 Jun 2022

Charity Name No (if any) BULGARIAN EDUCATIONAL AND CULTURAL 1181694 ASSOCIATION MOIATA AZBUKA

Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 01-Aug-20 31-Jul-21

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ - 27,932 - - - - - - 27,932 - - - 27,932 19,876 1,682 - 974 - 985 - - - 23,517 - - - 23,517 4,415 2,889 7,304	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ - 27,932 - - - - - - 27,932 - - - 27,932 19,876 1,682 - 974 - 985 - - - 23,517 - - - 23,517 4,415 - 5,720 11,761 10,456	Last year to the nearest £
Donations	-				658
School Fees	27,932				21,310
Grants	-				6,379
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	27,932				28,347

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					28,347

School expenses	19,876				18,495
Premises Expenses	1,682				3,571
Travel Expenses	-				295
Supplies & Equipment	974				1,632
Professional services	-				900
Other expenses	985				565
	-				-
	-				-
	-				-
**Sub total **	23,517				25,458

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*
					25,458

	4,415	-	-	4,415	2,889
		-	-	- 5,720	-
	2,889	-	-	11,761	-
	7,304	-	-	10,456	2,889

CCXX R1 accounts (SS)

04/07/2022

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Metro Bank Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 7,304 - - - - - 7,304 - 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 Daniela Petkova	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Daniela Petkova	04/07/2022

CCXX R2 accounts (SS)

04/07/2022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

BULGARIAN EDUCATIONAL AND CULTURAL ASSOCIATION MOIATA AZBUKA	BULGARIAN EDUCATIONAL AND CULTURAL ASSOCIATION MOIATA AZBUKA	BULGARIAN EDUCATIONAL AND CULTURAL ASSOCIATION MOIATA AZBUKA

31/07/2021	Charity no (if any)	1181694

1-2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended31 / 07 / 2021. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. The charity’s gross income was £27,932 and I am qualified to undertake the examination by being a qualified member of Institute of Certified Bookkeepers I have completed my examination. I confirm that no material matters have come to my attention in connection with the 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 accounts to be reached.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Date:
		04/07/2022

	ANDREJS SVIRSKIS

	FICB Pm Dip Practice Number 11515 Medway Bookkeeping Ltd

	Regus Admirals Park, Victory Way
	Dartford, Kent
	DA2 6QD

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER