## **Trustees’ Annual Report for the period** **From Period start date 01 January 2021 To Period end date 31 December 2021** ## **Charity name: Polish Studies Foundation** ## **Charity registration number: 1188129** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|The objects of the Charity are to advance
education of the public in, and support the
academic study of, the history, literature,
language, religion, philosophy, and culture
of Poland.| |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|| |Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit|**Para 1.18**|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A 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|The charity began active operations in the
second half of 2021 and so the main
achievements still reflect an organisation in
a soft launch phase.
The main work was in building awareness
and developing activities and grant-making
relevant to its mission.
These include:

The development of an institutional
strategy for the foundation.

An academic grant to the Polish
Studies Group, an influential
collective of UK-based academics.

Travel grants to UK undergraduate
students keen to travel to Poland to
assist with their research and
interests.

Participation in a major online
lecture series with the US-based,
Kosciuszko Foundation to large
audiences.

Development of the extremal
presence of the foundation through
the website and on social media.| ## **Additional information (optional)** You may choose to include further statements where relevant about: N/A Achievements against Para 1.41 objectives set N/A Performance of Para 1.41 fundraising activities against objectives set N/A Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the
end of the period|Para 1.21|The foundation was solvent but had not
yet raised enough funds to appoint a
part-time (60%) project manager on an
initial 12-month contract which was a
key objective.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|N/A| |Amount of reserves held|Para 1.22|£30,712| |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)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds
(including any fundraising)|
Para 1.47|N/A| |---|---|---| |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||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing
document
(trust deed, royal charter)|Para 1.25|Foundation| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation
(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|Trustee selection has been based on
hand-picking key influencers in the field
of Polish Studies as well as key non-
academic board members to offer an
independent and practical perspective.| |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s
organisational structure
and any wider network
with which the charity
works|Para 1.51|| |Relationship with any
related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** Charity name Polish Studies Foundation Other name the charity N/A uses Registered charity number 1188129 |Charity’s principal address|Farrer & Co
65-66 Lincoln’s Inn Fields
London
WC2A 3LH| |---|---| ||| ## **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)**| |---|---|---|---|---| ||Norman Davies|||| ||Ranjit Majumdar|||| ||StanleyBill|||| ||Christian Davies||Appointed 22 March
2021|| ||Ania Zalewska||Appointed 22 March
2021|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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 N/A for 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 ## **Other optional information** ## **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)** Ranjit Majumdar **Position (eg Secretary,** Trustee **Chair, etc) Date** 18 October 2022 ||**POLISH STUDIES FOUNDATION**|**POLISH STUDIES FOUNDATION**|**POLISH STUDIES FOUNDATION**|**POLISH STUDIES FOUNDATION**||**1188129**|**1188129**|**1188129**|**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||**Receipts and**||||||||| ||**For the period**
**from**||01-Jan-21||**To**||31-Dec-21||| ||||||||||| |**Section A Receipts and payments**|||||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**38,889**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**38,889**
**-**
**-**
**-**
**38,889**||**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**38,889**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**38,889**
**-**
**-**
**-**
**38,889**
**50**
**100**
**7,650**
**225**
**152**
**-**
**-**
**-**
**-**
**8,177**
**-**
**-**
**-**
**8,177**
**30,712**||**Last year**
**to the nearest £**| ||**38,889**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**38,889**||||||||**-**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**-**| ||||||||||| |Accounting|**50**||**-**||**-**||**50**||**-**| |Marketing|**100**||**-**||**-**||**100**||**-**| |ConsultingFees|**7,650**||**-**||**-**||**7,650**||**-**| |Repairs and Maintenance|**225**||**-**||**-**||**225**||**-**| |Bank Charges|**152**||**-**||**-**||**152**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**8,177**||**-**||**-**||**8,177**||**-**| ||||||||||| |**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_**|||||||||| ||||||||||**-**| ||||||||||| ||**30,712**||||||**30,712**||**-**| ||**-**||||||**-**||**-**| ||**-**||||||**-**||**-**| ||**30,712**||||||**30,712**||**-**| CCXX R1 accounts (SS) 18/10/2022 1 ## **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**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
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
**Ranjit Majumdar**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||**Ranjit Majumdar**|18-Oct-22| ||||| CCXX R2 accounts (SS) 18/10/2022 2 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name Polish Studies Foundation **members of On accounts for the year Charity no ended** 31/12/2021 **(if any)** 1188129 **Set out on pages** 2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021. **Responsibilities and** As the charity trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with 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. ## **Independent** The charity’s gross income hasn’t exceeded £250,000. **examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent 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: Date:** 20/10/2022 **Name:** Jolanta Rozpond **Relevant professional qualification(s) or body (if any): Address:** 23 Mayfair Gardens N17 7LP 1 **October 2018** **IER** London ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here details of any items that the examiner wishes to disclose** . N/A 2 **October 2018** **IER**