2022-01-31-accounts - Nadezda Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Pages
Trustees' Annual Report	2to3
Statement ofFinancial Activities
Balance Sheet
Statement ofCash flows
Notes tothe Accounts	7to 10
Detailed Statement ofFinancial Activities	11to 13

Nadezda Foundation Statement ofFinandal Activities forthe year ended 31January 2022
	Unrestricted
	funds	Total funds	Total funds
	2022	2022	2021
	E	E	E
Income and endowments
from:
Donations and legacies	13,934	13,934	12,130
Total	13,934	13,934	12,130
Expenditure on:
Raising funds	543	543	149
Charitable activities	10,918	10,918	47,200
Other	947	947	1,125
Total	12,408	12,408	48,474
Net gains on investments
Net Income/(expenditure)	1,526	1+26	(36,344)
Transfers between funds
Net income/(expenditure) before other gains/(losses)	1+26	1,526	(36,344)
Other gains and losses
Net movement in funds	1,526	1,526	(36,344)
Reconaliation offunds:
Total funds brought forward	23,029	23,029	59,373
Total funds carried forward	24,555	24,555	23,029

Financial Reporting Standard applicable in the United Kingdom and Republic ofIreland (FRS102) Charities Act 2011. Change in basis ofaccounting orto previous accounts	Financial Reporting Standard applicable in the United Kingdom and Republic ofIreland (FRS102) Charities Act 2011. Change in basis ofaccounting orto previous accounts	Financial Reporting Standard applicable in the United Kingdom and Republic ofIreland (FRS102) Charities Act 2011. Change in basis ofaccounting orto previous accounts	Financial Reporting Standard applicable in the United Kingdom and Republic ofIreland (FRS102) Charities Act 2011. Change in basis ofaccounting orto previous accounts	Financial Reporting Standard applicable in the United Kingdom and Republic ofIreland (FRS102) Charities Act 2011. Change in basis ofaccounting orto previous accounts	and the	and the	and the
There has been no change to the accounting policies (valuation rules and method ofaccounting)					since
last year and	no changes have been made to accounts for previous years.
Fund accounting
Unrestricted	funds	These are available for use atthe discretion of the trustees in furtherance		of		the
		general objects ofthe charity.
Designated funds		These are unrestricted funds earmarked bythe trustees	for particular purposes.
Revaluation	funds	These are unrestricted funds which include a revaluation	reserve representing				the
		restatement ofinvestment assets attheir market values.
Restricted funds		These are available for use subject to restrictions imposed by the donor		or	through
		terms ofan appeal.
Income
Recognition	of	Income is included in the Statement ofFinancial Activities (SoFA)when the			charity
income		becomes entitled to, and virtually certain to receive, the income and the		amount of
		the income can be measured with suffident reliability.
Income with	related	Where income has related expenditure the income and	related expenditure			is
expenditure		reported gross in the SoFA.
Donations and		Voluntary income received by way ofgrants, donations	and gifts is included		in		the
legacies		the SoFA when receivable and only when the Charity has unconditional entitlement
		tothe income.
Tax redaims	on	Income from tax reclaims is included in the SoFAat the	same time as the
donations and gifts		gift/donation towhich itrelates.
Donated services		These are only included in income (with an equivalent amount in expenditure)
and facilities		where the benefit tothe Charity is reasonably quantifiable, measurable		and
		material.
Volunteer help		The value ofany volunteer help received is not induded	in the accounts.
Investment	income	This is included in the accounts when receivable.
Gains/(losses) on		This inciudes any gain or loss resulting from revaluing investments to market				value
revaluation	offixed	at the end ofthe year.
assets
Gains/((osses) on		This includes any gain or loss on the sale ofinvestments.
investment	assets

Expenditure
Recognition	of	Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
expenditure		cannot be fully recovered, and is reported as part ofthe expenditure to which it
		relates.
Expenditure	on	These comprise the costs associated with attracting voluntary	income, fundraising
raising funds		trading costs and investment management costs.
Expenditure	on	These comprise the costs incurred by the Charity in the delivery ofits activities and
charitable activities		services in the furtherance ofits objects, including the making	ofgrants and
		governance costs.
Grants payable		All grant expenditure is accounted for on an actual paid basis	plus an accrual for
		grants that have been approved by the trustees atthe end of	the year but not yet
		paid.
Governance	costs	These include those costs associated with meeting the constitutional and statutory
		requirements ofthe Charity, including any auditfmdependent	examination fees,
		costs linked tothe strategic management ofthe Charity, together with ashare of
		other administration costs.
Other expenditure		These are support costs not allocated toa particular activity.

								Unrestricted
								funds	Total funds
								2021	2021
Income and endowments					from:
	Donations		and legacies					12,130	12,130
Total								12,130	12,130
Expenditure		on:
	Raising funds							149	149
	Charitable		activities					47,200	47,200
	Other							1,125	1,125
Total								48,474	48,474
Net	income							(36,344)	(36,344)
Net	income before other
gains/(losses)								(36,344)	(36,344)
Other gains and				losses:
Net	movement		in funds					(36,344)	(36,344)
Recondliation			offunds:
Total funds brought forward								59,373	59,373
Total funds carried forward								23,029	23,029
3	Income from			donations		and legades
							Unrestricted	Total	Total
								2022	2021
							13,934	13,934	12,130
							13,934	13,934	12,130
4	Expenditure			on raising		funds
							Unrestricted	Total	Total
								2022
	Costs ofgeneroting				voluntary
	income
									149
									149

					Total	Total
					2022	2021
	Expenditure	on charitable
	activities
	Grants made			10,918	10,918	47,200
	Governance	costs
				10,918	10,918	47,200
6	Analysis ofgrants
				Grants to
	Activity or	programme		institutions		Total
	Wakefield	Hospice		3,718		3,718
	"Nadezda"			3,000
	MedEquip4Kids			4,200		4,200
				10,918		10,918
				funding of
	Activity or	programme		activities		Total
						2022
	Wakefield	Hospice		3,718		3,718
	"Nadezda"			3,000		3,000
	Medfquip4Kids			4,200		4,200
				10,918		10,918
7	Other expenditure
					Total	Total
					2022	2021
				E
	Motor and	travel costs		35	35	259
	General administrative		costs	912	912	866
				947		1,125

Not 9	es tothe Accounts Movement in funds
			Incoming
			resources		At31
		At1	(including other	Resources expended	January 2022
		February	gains/lasses
		2021	)
			E
	Restricted funds:
	Unrestricted funds:
	General funds	23,029	13,934	(12,408)	24,555
	Total funds	23,029	13,934	(12,408)	24+55
10	Analysis ofnet assets between funds
				Unrestricted
					Total
				funds
				f	f
	Net current assets			24,555	24,555
				24,555	24,555
11	Reconciliation ofnet debt
			At1		At31
			February		january
			2021	Cash flows	2022
					E
	Cash and cash equivalents		23,029	1,526	24,555
			23,029	1,526	24,555
	Net debt		23,029	1,526	24,555

			2022	2021
			f	f
Cash flows from operating	activities
Net income/(expenditure)	per Statement	ofRnancial Activities	1,526	(36,344)
Net cash provided by/(used	in) operating	activities	1526	(36,344)
Net cash from investing activities
Net cash from financing activities
Net increase/(decrease) in	cash and cash	equivalents	1,526	(36,344)
Cash and cash equivalents	atthe beginning ofthe year		23,029	59,373
Cash and cash equivalents	atthe end ofthe year		24,555	23,029
Components ofcash and cash equivalents
Cash and bank balances			24,555	23,029
			24,555	23,029

forthe year ended	31J	a	nua	ry	2022
						Unrestricted
						funds	Total funds	Total funds
						2022	2022	2021
						f	f	E
Income and endowments			from:
Donations and legacies
						13,934	13,934	12,130
						13,934	13,934	12,130
Total income and endowments						13,934	13,934	12,130
Expenditure on:
Costs ofgenerating	donations				and
legacies
							543	149
								149
Total ofexpenditure	on		raising					149
funds
Charitable activities
Grants made						10+18	10,918	47,200
						10+18	10,918	47,200
Total ofexpenditure activities	on		charitabh			10,918	10,918	47,200
Motor and travel costs
Travel and subsistence							35
						35		259
General administrative			costs,
including depreciation			and
amortisation
8ank charges						119	119	90
Software, ITsupport		and		related
costs
Subscriptions								216
						912	912
Total ofexpenditure	of		other		costs	947		1,125
Total expenditure						12,408	12,408	48,474
Net gains on investments
Net income/(expenditure)						1,526	1,526	(36,344)
Net income((expenditure) other gains/(losses)				before		1,526	1,526	(36~)
Other Gains
Net movement in funds						1+26	1,526	(36,344)

23,029	23,029	59,373
24+55	24,555	23,029