Trustees’ Annual Report for the period
From 1-Aug-2023 Period start date To 31-Jul-2024 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” and traditional home-made yoghurt (Bacillus Bulgaricus) • Preparation and Celebration of Bulgarian Traditional day called “Baba Marta” & “Martenitza • Preparation and Celebration of National Feast Days (3 March) and the Day of Cyrillic Alphabet (24 May) • 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 Para 1.18 Trustees had due regard to Charity whether the trustees have Commission public benefit guidance when had regard to the guidance they are planning each of these activities. 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 | 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 continues to expand in the 4 London boroughs where many children between age of 5 and 15, their families and carers have been impacted by the activities, celebrations and festivals provided and organised by the association. The return to relative normality, in 2022, following the two year period of lockdown has been marked by the resumption in two of the four schools of face-to-face lessons, while, at the wish of the parents, the continuation of lessons by remote online link has been preferred in the other two schools. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) 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 | The charity continues to benefit the purposes for which it was set up, and enjoys a healthy financial position with the pro-active collaboration of the parents. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We hold some reserves in case of unforeseen events and we have funds to put deposits on new lease agreements |
| Amount of reserves held | Para 1.22 | £1,000 |
| 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 • 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 (if any) |
|---|---|---|---|---|
| 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)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| 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 |
||
| 27 May 2025 | ||
| 27 May 2025 |
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-23 31-Jul-24
| Section A Receipts and payments | Section A Receipts and payments | ||||
|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ - 20,162 - - - - - - 20,162 - - - 20,162 16,811 3,820 329 400 1,144 - - - 22,504 - - 22,504 - 2,342 7,012 4,670 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ - 20,162 - - - - - - 20,162 - - - 20,162 16,811 3,820 329 400 1,144 - - - 22,504 - - - 22,504 - 2,342 7,012 4,670 |
Last year to the nearest £ |
| - | - - - - - - - - - |
- | - | ||
| School Fees | 20,162 | 20,162 | 23,386 | ||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| Sub total(Gross income for AR) |
20,162 | 20,162 | 23,386 | ||
| A2 Asset and investment sales, (see table). |
|||||
| - | - - - |
- | - | ||
| - | - | - | |||
| Sub total | - | - | - | ||
| Total receipts A3 Payments |
|||||
| - | 20,162 | 23,386 | |||
School expenses |
16,811 | - - - - - - - - - |
16,811 | 15,496 | |
Premises Expenses |
3,820 | 3,820 | 2,365 | ||
Travel Expenses |
329 | 329 | 426 | ||
Professional services |
400 | 400 | 400 | ||
| Other expenses | 1,144 | 1,144 | 1,300 | ||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| **Sub total ** | 22,504 | 22,504 | 19,987 | ||
| A4 Asset and investment purchases (see table) |
|||||
| , Laptop Asus |
- - - |
- | |||
| - | - | ||||
| **Sub total ** | - | - | - | ||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| - | 22,504 | 19,987 | |||
| - 2,342 | - | - | - 2,342 | 3,399 | |
| - | - - |
- | |||
| 7,012 | - | 7,012 | 3,613 | ||
| 4,670 | - | - | 4,670 |
7,012 |
CCXX R1 accounts (SS)
27/05/2025
1
| 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 £ 7,012 - - - - - 7,012 - Agreement Error 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 | 27/05/2025 | ||
CCXX R2 accounts (SS)
27/05/2025
2