Trustees. Annuat Report Independent Éxamir*s Rewrt Statement of Financial Actl¥lties 2to3 Balance Sheet Notes to the Auounts 7tolO ststement of Cash fiows DethId Statementof FmncHI Acti¥l 12to13 Page I
Nadezda Foundatlon Tte8S Annual Report The Trustees present thelr report with the udited finanr4al statements ¢lthe tharfty forihe year ended 31 January 2021. REFEREN AND ADMINISTrATIVE DEfAILS Charlty No. 1181798 Prfndpal Offlce Appl 124-130 Seymour Place London WIH INS Tnjstees The followlng Trustees served during the year: N. Abela M. Eidelkind T. Lewin E. Moore E. Shchukina OBIEcfivES AND ACTNMES The purpose of the charity are to relieve finantial hardship. to pre5errt and protect good health and to advance education of chlldren and young people with disabilities in Russia and the UK. To resource of advice. aSSFstsncÈ and programmes of artisti4 educational and otherdetsplopment actlvitres for children ènd young people to= lal enable them to participate in the society as independenL Matu ènd responsible Individual% (bl advance children education; and Icl provide recreational activities in the Interests of soclal wlth a vlewto impmving the conditions of life. The trustees confirni that the Charity has complied with its duty in sertion 17 of the CharitiesAct 2011 to have due regard to publtc benefit 8uidan¢e publlshed lry the Charities Commission Y*A revlewlng its a5ms and objertives and In plannlngfirture actFvittes. The following activities took place in the pastyear: £7.5went to the Russlan foundatlon Nadezda for thelr ongoing support of sick children in Tver. Russla. £25.500 purthase of ou¢door rehabllltation equlpment for children who study atAshton schools. £3,IXKI wentto Sunshlne wlshes to help grant wishes and supplv essent5al items to young people who have a severe or Ilffrshortenlng illness. a mental or physical disability. who c)me from familles struggling on a meagre income. £400 was spent on the purthase of an inflatable hot tub spa forTaussig Family to support their both sons who suffering from Duchenne syndrome. El.300 went to Homellnk Famlly to support parents to provide a stsble nurturing home for young thlldren wlth Art therapy. £2.(IJO went to Edinburgh Young and the 8rdnt was used for arrnngln8 therapeutic sessionsfor children. £2.500 went to Lothian Autlstic to run the educational and recreational programs for children and young people, many of whom are autistic. Finally, £SOOO went to Kids Nation for holiday playscheme for children and young people aged >16 years.. All beneficiaries are from BAME communities in Hackney and are disadvantaBed by poverty. poor hou$in8 and lack of basic facilities. Pa8e 2
14adezda Foundatlon Trustees Aftnual Report HIIANCIAL REVIEW Durlng the year. the Foundatlon rwfved Income from donations. In 202012021 the total received was £12.129.80.The sum of £47.199.98 was expended on charitsble artl¥ities duringthe year. STRUCTURI GOVERNANCE AND MANAGEMENT The Charity is a Charitable Incorporated Or2anisatfon(ClO). Every trustee must be appolnted for a term of three years by a resolutlon passed at a pmperly convened meetinB of the chartty trustees. In selecting indivlduals for appointment as charity trustees. the charity trustees rn[1 have regard to tt)e skllls. knowledge and experien¢e needed forthe effective administratlon ot the ao. Statemert of truSe5, responthllllles In relatlon to the Ilnandal statements The charity trustees are responsible for preparing a trustees. annual report and financial statements in accordance wlth appllcable law and Unlted Kln8dom Accountlng Stsndards Iunlted Kln8dom GeneraNv Accepted AccoUnn$ Practlcel. The Trustees are responsible forkeepin8 proper accounti record5 that dlsdose vthh reasonable accuracy at any time the financial position of the Charlty and to enable them to ensure that the financial statements Comp vthh the Charities Act 2011, the èppllcable Charities (Accounts and Reports) Regulations. and the provlslons of the Trust deed. TheTru5tees are also responslble for feguardIng the assets of the charity and hence tang 4$onable steps for the preventlon and detection of fraud al other irregularlties. Signed on behalf of the dmfiws trustees N. Abela Trustee 30 November 2021 Page 3
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Tony Castagnetti Chartered Accountant Belluzzo Audit Limited 38 Craven Street London WC2N 5NG 1 December 2021
Nadezda Foundatlon Statemert of Finandal Artl¥ltles for the year end•d 31 Janry 2¢r21 Unrestrlcte d fvnds Totsl ndS Total 2021 Notss In¢ome and endovb¥n¢nts Donations and le8acles 12.130 12.130 146.766 Totsl 12.130 146.766 Expendlture on: Ralsln8 fvnds Chadtsble actlvltles OtPrer 149 47.200 1.125 149 47.200 1.125 14.810 72,013 570 Tot•1 48,474 48,474 87.393 Net 8alns on Investments N•t l•xpendlture)IlnuMn• Transfers between funds 1363441 (36.344) 59.373 Net lexp•ndlwr•llln(ObM b¢fprn otherq•lnsl{losses) 136.344> 136.344) 59,373 Oth•r plns •nd los*•s 136.344) 156.3441 59,373 RacondllOn of funds: Totsl funds brought fopward 59.373 59,373 T¢MI fvfftds c4rflod forward 23,029 23.029 59.373 Page S
Nadezda Foundatlon Balaft¢eSheet at YI January 2021 Charlty 1181798 2021 Cash at bank and In hand 23.029 23.029 23.029 59.373 59.373 59.373 59.373 Net¢urrent assets Total assets less curreni [bIlItIes 23.029 Net assets excludlng penslon assetor Ilabn Total net assets 23.029 59.373 23.029 59.373 The fund$ of the charlty Restrlctedfunds Unrestrirted funds General funds 23,029 59.373 23,029 59.373 Total 23.029 S9,373 Approved bythe trustees on 30 November 2021 And signed on thelr behalf by. N. Abela Trustee 30 November 2021 Pa8e 6
Naduda F¢)undatlon Notes tothe A¢¢nts for the year eftded 31 J4nuJry 2021 l Accountlng polkles B•51s of preparatlon The flnon¢lal statements have ten prepared in aCCordaft with Stalement of Ilecommended Practice: Accounting and Reporttng by Charities preparing their accounts In accordance Wbth the Financlal Reporting Standard applicable in the UK and Republlc if Ireland IFRS 1021 Issued on 16 July 2014 and the Financial Reportin8 Standard applicable in the United Kingdom and Republic of Ireland (FRS 102} and the Charltles Act 2011. Chan8e In basls ot accountlngorto wevlous accounts There has been no change to the accounting pollcies Ivaluatfjon rules and method of Jccountln8151nce last year and no thanges have been made to accounts for prevlous years. Fund attountl Unrestrlcted furnls These are avallable for use at the dlscretlon of the trustees In furtherance of the general objects of the charfty. These are unrestrlcted funds earmarked bythe trustees for partEcular purposes. These are unrestricted funds whlch Include a revalu*ion SeIe representing the restatement of Investment assets at thelr marketvalues. These are available for use subjÈcl to restrittions imposed by the donor or thrtrJ8h temis of an appeal. Desl8nated funds Revaluatlon fvnd5 Restrlcted funds Income Reco8nltlon of Income Incomels Included In the Statement of Flnanclal Actlvltles ISOFAI when the charlty becomes entltled to. and v5rtually certaln to fecelve. the income and the amount of the Income can be measured wlth sufficlent reliablllty. Income wlth related Where Income has reljted expendlture the Income and related expendlture Is expenditure reported gross In the SOFA. Donatlons and le8acles Voluntary Inme recebved by way of 8rants. don1On5 and glfts Is Included In the the SOFA when recelvable and only when the Charlty ha5 uncondltlonal entltlement to the Income. TJX redalms on Income from tax reclalms is Induded In the SOFA at the sarne time as the donatlons and glfts 8lftldonBtlon to whlch It relate5. l)onated ser¥lces These are onfy included in Income (with an equivalent amount lfi expenditure) ond facllltles where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any ¥olunteer help recelved Is not Included In the accounts. Investment Income Thls Is Induded In the accounts when recelvable. Galnslllossesl on Thls Includes any 8aln or Iu55 resultln8 from revaluln8 Investments to market wdlue revaluatlon of fixed at the end of the year. assets Gain[lo$se$l on Investment aets Thls Includes any 8aln or loss on the sale of Investments. Page 7
Notesto tt Accounts E¥penditure ReC(lt10n of Expenditure reco8ni5ed on an accrua15 basik ExpeThJitwe indudes any VATwhith expendrture cannot be fulty rem¥Yed. and Is rep(¥ted as p•t ofthe exwdlture to whlth It relates. Expenditure on ralsingfunds ExpenditLrre on These c¢mprisethe costs 4Kurred Iwthe tharlty in the delivery of its activities ard tharitsble acmies ser¥i¢es in the fvrthernnce of its obied% iKKlurfin8 tt making of8rants and Grants paydble All grant expenthtwe is lUnted for an ackn1 Pa basi5 $ an accrual for grants that have been apwo¥ed by the ttee5 at the end ofthe par ixrt not yet paid. requirements of the Charity. indvdin8 any audi1ndependent examination fees, costs linkedto the slrategx managenwrt ofthe Charity. togethw wlth a share of otheradministiation costs. Taxatlon The tharity is exeryt from tsx on its th4ritsble acll fund5 Total fund5 Donation5 and le8acies Total 146.766 146.766 146.766 146,766 E¥peftdityre w: Raising funds Charitable actItS I410 71Q13 $70 14.810 n.013 570 Totsl 87.393 87.393 Net Income 59.373 59,373 gaW(kbsse51 59373 59.373 59.373 59.373 RecorAdllatlon of fund&. Total funds ¢anled fornwd 59.373 59.373 Page 8
Nadezda Foundatlon Notesto the Accounts 3 Income from doDathns and le8xles Totsl 20 Totsl 2020 12.130 12,130 12.130 12.130 146.766 146.766 4 Expendthire on ralslthg furtds Unrnstrf¢ted T¢tsl Totsl 21 Costs of qenemtlng voluntary 149 149 14AIO 14.810 149 149 5 Expendlture on tharitable a¢tiTthies Total Totsl 2021 2020 Expenditure on charitable Grants made 47.2 47.2(N) 72.ots Govern¢ince costs 47,21JO 47,2LiI 72,013 6 Analysls of 8rants Grants to Grants to Support Actlvlty or pro8ramme Instltutlons Indhidtsals Totsl 2021 Totsl East Anglia's Children's Hospices 'Nadeida" 25,000 7.500 31.000 5.760 5.787 Blue Sky Autism Flfe Young Carers SCIO Ashton School 25,500 Sunshlne Wlshes Klara Ta¥Jssig Home Link Famlly Edinburgh Young CA Lothian Autistic 1.300 1.300 2.500 46,800 47.200 72.013 Page 9
Nadeth Fowd*lon Note5 to t Accounts 7 Other expendltur• Total 2021 Tot41 Motor and trnvel costs General admlnistrative costs 259 259 866 866 570 1.125 1.125 570 8 Stafl costs No employee recelved emoluments in excess of £60.000. 9 Mo¥ernent In fvnds Incomln8 Jur Ilndudlni Atl other February DI55e5 At31 Janry Z021 expended R•strlctsd lunds: unte5tllct fundk" Gener•1 funds 59.373 11130 (48,4741 23,029 Re¥alu•tlon ReservK; Totsl funds 10 Analysls of n•¢ •ss•ts b•M¢n fuftds 59.373 11130 {48.4741 23.029 Unrestrl¢ted fvnds Tot•1 Net current assets 23.029 23.029 23.029 23.029 11 R•con¢lll•tlon of rMt debt All F•brnary Aljl January 2021 Cash flows Cash and cash equivalents 59.373 59,373 136.3441 136,344) 23.029 23,029 Net debt 59.373 (36.3441 23.029 Page 10
adezth Foundatlon Staten)ent ol Cash Ilows fortheyear ended 31January 2021 2021 Cash flows frnm operatlng aclivltl Net (empendlturellincome per Statemertof <1<1 ¥tIvitIeS 136.3441 59,373 Net tash lused Inllpro¥lded by operalln8 actlvltles 136.344) 59,373 Net cash from Investlng actlvlties Net ¢a5h from flnandng actfvhles Plet {decreaselllncrease in £a5h aftd cash equivalerts {36344) 59.373 Cash and cash equIlents atthe be81Mni olthe year 59,373 Cash and ¢ash equlwJlents at the end ol th• year 23.029 59.373 Components of cash and cash equlvalents Cash and bank balance5 23.029 59.373 23.029 59,373 Page 11
Net movement In fvnds (36.3441 (36.344) 59.373 RKondU•tlon offvrnl%' Totalfvnds brou8ht forward 59373 59373 Totsl fund5 Carr1 forward 23.029 23.029 59.373
Deialled Slatement of Flnandal Ath¥lll forthe eJKled 31 Jarn4ry 2021 funds Tatsl T•xal furtds Donatlons and leaacles 130 12.130 12.130 146.766 146.766 12,130 12.130 12.130 146.766 Ewdltyr• on.. Costs OfgeneratI donatlon5 and le8acies 149 149 14.810 14.810 149 149 Tot•1 of empendllwe ratsl funds 149 149 14AIO Charltable artlvl Grnnts made 47.200 472lX) 47.200 47.200 72.013 72x113 Totsl of •wthdltsrn on dHrft artlTthles 472LKI 47.200 72,013 Motor and trn¥el costs Travd and sub51stence 259 259 259 259 General admlnlstrative costs. Indudln8 depredatk>n and •mortbsatlon Bank charyes Software. IT support and related costs Ic $60 263 Statfjery and prlntlng Sub5crlptlons 117 90 570 570 216 216 Total ¢)lexpendltw• of Ibth•rto#s Totsl expendlturn Net gains on investments 1.125 1.125 474 48.474 87393 136344) 136.3441 59.373 Net lexp•Thlltyre)llnctyne I other5/(11)5se5) Other Galns (36.3441 136.344) 59.373 Page 12