2023-01-31-accounts - Nadezda Foundation

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	Pages
Trustees' Annual Report	2to 3
Statement ofFinancial Activities
Balance Sheet
Statement ofCash flows	10
Notes to the Accounts	6to9
Detailed Statement of Financial Activities	11to 12

for the year ended 31january	2023
		Unrestricted
		funds	Total funds	Total funds
		2023	2023	2022
	Notes	f	f	f
Income and endowments
from:
Donations and legacies				13,934
Total				13,934
Expenditure on:
Raising funds				543
Charitable activities		6,623	6,623	10,918
Other		746	746	947
Total		7,369	7,369	12,408
Net gains on investments
Net (expenditure)/Income		(7,369)	(7,369)	1,526
Transfers between funds
Net (expenditure)/income before other gains/(losses)		(7,369)	(7,369)	1,526
Other gains and losses
Net movement in funds		(7,369)	(7,369)	1,526
Reconciliation offunds:
Total funds brought forward		24,555	24+55	23,029
Total funds carried forward		17,186	17,186	24,555

Nadezda Foundation Balance Sheet at 31january 2023
Charity No. 1181798		2023	2022
		f	f
Current assets
Cash at bank and in hand		17,186	24,555
		17,186	24,555
Net current assets		17,186	24,555
Total assets less current liabiHties		17,186	24,555
Net assets exduding	pension asset or liability	17,186	24,555
Total net assets		17,186	24,555
The funds ofthe charity
Restricted funds
Unrestricted funds
General funds		17,186	24,555
		17,186	24,555
Reserves
Total funds		17,186	24,555
Approved by the trustees on 30November 2023

last year and no chan	last year and no chan	last year and no chan	ges have been made to accounts for previous years.
Fund accounting
Unrestricted		funds	These are available for use at the discretion ofthe trustees			in furtherance			of	the
			general objects ofthe charity.
Designated		funds	These are unrestricted funds earmarked by the trustees	for particular			purposes.
Revaluation		funds	These are unrestricted funds which include a revaluation		reserve representing					the
			restatement of investment assets at their market values.
Restricted	funds		These are available for use subject to restrictions imposed			by the donor		orthrough
			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 sufficient 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
			to the income.
Tax reclaims		on	Income from tax reclaims is included in the SoFAat the	same time as the
donations	and gifts		gift/donation to which it relates.
Donated services			These are only included in income (with an equivalent amount in expenditure)
and facilities			where the benefit to the Charity is reasonably quantifiable,			measurable		and
			material.
Volunteer	help		The value ofany volunteer help received is not included	in		the accounts.
Investment		income	This is included in the accounts when receivable.
Gains/(losses) on			This includes any gain or loss resulting from revaluing investments to market							value
revaluation		offixed	at the end ofthe year.
assets
Gains/(losses) on			This includes any gain or loss on the sale ofinvestments.
investment		assets

2 Statement ofFinandal	Activities - prior year
		Unrestricted
		funds	Total funds
		2022	2022
Income and endowments	from:
Donations and legacies		13,934	13,934
Total		13,934	13,934
Expenditure on:
Raising funds		543	543
Charitable activities		10,918	10,918
Other		947	947
Total		12,408	12,408
Net income		1,526	1,526
Net income before other gains/(losses)		1,526	1,526
Other gains and losses:
Net movement in funds		1,526	1,526
Reconciliation offunds:
Total funds brought forward		23,029	23,029
Total funds carried forward		24,555	24,555

3	Income from	don	a	tions and legacies
								Total	Total
								2023	2022
									13,934
									13,934
4	Expenditure	on raising funds
								Total	Total
								2023	2022
	Costs ofgenerating			voluntary
	income
									543
5	Expenditure	on charitable activities
							Unrestricted	Total	Total
								2023	2022
	Expenditure	on charitable
	activities
	Grants made						6,623	6,623	10,918
	Governance	costs
							6,623	6,623	10+18
6	Analysis ofgrants
					Grants	to	Grants to
	Activity or programme				Institutions		Individuals	Total
								2023
	Home Link Family			Suppport		1,300		1,300
	A-TSociety					2,000		2,000
	Somerset House Trust					3,000		3,000
	Young Ukrainian		refugees				323	323
					Activities		Grant
					undertaken		funding of
	Activity or programme				directly		activities	Total
								2023
	Home Unk Family			Suppport			1,300	1,300
	A-T Society						2,000	2,000
	Somerset House Trust						3,000	3,000
	Young Ukrainian		refugees			323		323

7	Other expe	ndi	ture
						Unrestricted	Total	Total
							2023	2022
	Motor and	travel costs						35
	General administrative			costs		746	746	912
						746	746	947
8	Staff costs
	No employee		received	emoluments	in excess off60,000,
9	Movement	in	funds

						At31
				At1 February	Resources expended	January 2023
				2022
	Restricted funds:
	Unrestricted	funds:
	General funds			24,555	(7,369)	17,186
	Total funds			24,555	(7,369)	17,186
10	Analysis ofnet		assets between funds
					Unrestricted
						Total
					funds
					f
	Net current assets				17,186	17,186
					17,186	17,186
11	Reconciliation		ofnet debt
				At 1		At 31
				February		January
				2022	Cash flows	2023
				f	f	f
	Cash and cash		equivalents	24,555	(7,369)	17,186
				24,555	(7,369)	17,186
	Net debt			24,555	(7,369)	17,186

				2023	2022
				E	f
Cash flows from operating	activities
Net (expenditure)/income	per Statement	ofRnandal	Activities	(7,369)	1,526
Net cash (used in)/provided	by operating	activities		(7,369)	1,526
Net cash from investing activities
Net cash from finandng activities
Net (decrease)/increase in	cash and cash	equivalents		(7,369)	1,526
Cash and cash equivalents	atthe beginning ofthe year			24,555	23,029
Cash and cash equivalents	atthe end ofthe year			17,186	24+55
Components ofcash and cash equivalents
Cash and bank balances				17,186	24+55
				17,186	24,555

forthe year ended	31J	a	nua	ry	2023
						Unrestricted
						funds	Total funds	Total funds
						2023	2023	2022
						f	f	f
Income and endowments			from:
Donations and legacies
								13+34
								13,934
Total Income and endowments								13,934
Expenditure on:
Costs ofgenerating	donations				and
legacies
								543
Total ofexpenditure	on		raising
funds
Charitable activities
Grants made						6,623	6,623	10,918
						6,623	6,623	10+18
Total ofexpenditure activities	on		charitable			6,623	6,623	10,918
Travel and subsistence								35
								35
General administrative			costs,
including depreciation			and
amortisation
Bank charges						108	108	119
Software, ITsupport		and		related
costs
Subscription s						555	555
Sundry expenses						35	35
							746	912
Total ofexpenditure	of		other		costs	746	746	947
Total expenditure						7,369	7,369	12,408
Net gains on investments
Net (expenditure)/income						(7,369)	(7,369)	1,526
Net (expenditure)/Income other gains/(losses)				before		(7,369)	(7,369)	1,526
Other Gains
Net movement In funds						(7,369)	(7,369)	1,526

24,555	24,555	23,029
17,186	17,186	24,555