**REGISTERED CHARITY NUMBER: 1196815** **Report of the Trustees and Unaudited Financial Statements for the period from 29[th] November 2021 to 31st December 2022 for** **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** **Contents of the Financial Statements for the period from 29[th] November 2021 to 31st December 2022** ||Page| |---|---| |Report of the Trustees|1 to 2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Financial Statements|6 to 8| **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Report of the Trustees for the period from 29[th] November 2021 to 31st December 2022** The trustees present their report with the financial statements of the charitable incorporated organisation for the period ended 31st December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Section 1a of the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims for the public benefit** The objectives and aims of the charity are to “advance the education of the public in the history and service of the Polish Air Force and of the service of Poles with the Allied Air Forces during and following the Second World War.” The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Foundation's aims and objectives and in planning future activities. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities for the public benefit and plans for the future** During the period to 31[st] December 2022, the charity’s representatives attended five ceremonies in the UK and Poland to commemorate fallen airmen, laying wreaths to honour their service and sacrifice. The trustees maintained contact with Poland’s Defence Attache based in London as well as with RAF’s Air Officer Wales. The charity’s chairman attended the Battle of Britain & Wales exhibition in Cardiff where a fallen Polish fighter pilot was one of those featured. Plans were made to develop commemorative activities to honour Poles who served and gave their lives in Britain and abroad during the Second World War. ## **FINANCIAL REVIEW** ## **Financial review** In the period to 31[st] December 2022 the charity recorded donation income of £1,227 and expenditure of £867. Of the total expenditure in the year, £354 was spent on the direct costs of laying wreaths to commemorate fallen airmen and attending related events. As well as the direct charitable expenditure, the charity incurred initial set up costs. ## **Reserves policy** To date, the charity’s income has come mainly from donations from the trustees. The trustees are broadening their fundraising activities, but with minimal administration costs, the charity has little need to carry reserves of any significance. As the activities of the charity grow, the trustees will review the charity’s reserves policy to ensure that it is appropriate to support the ongoing operational costs. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Polish Airmen’s Family Foundation - Fundacja Rodzin Lotnikow Polskich CIO is a registered charity controlled by its governing document. The governing document is the Constitution of The Polish Airmen’s Family Foundation - Fundacja Rodzin Lotnikow Polskich CIO adopted on 15[th] November 2021 which became recognised by the Charity Commission when the Charitable Incorporated Organisation was registered on 29[th] November 2021. The governing document defines the ongoing arrangements for trustees to run The Polish Airmen’s Family Foundation - Fundacja Rodzin Lotnikow Polskich CIO. Up to ten trustees are allowed to be appointed and there must be a minimum of four charity trustees. Should the number of trustees fall below this minimum, the remaining trustee/s may act only to call a meeting of the charity trustees, or to appoint a new charity trustee. ## **Recruitment and appointment of new trustees** In selecting persons to be appointed, the trustees consider the skills, experience and commitment of potential trustees and the contributions they can make to complement the existing board of trustees. Apart from the first trustees of the charity, each new trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. Page 1 ## **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Report of the Trustees for the period from 29[th] November 2021 to 31st December 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1196815 ## **Principal address** 8 Raymond Avenue Ealing London W13 9UZ ## **Trustees** John Burmicz Andrew Dziegiel Jacek Orchel Jean Sztul-Belda ## **Independent examiner** Alasdair Weaks Simpson Wreford & Partners Chartered Accountants Suffolk House George Street Croydon Surrey CR0 0YN Approved by order of the board of trustees on 23rd October 2023 and signed on its behalf by: ## **J. H. Orchel Trustee** Page 2 **Independent Examiner’s Report to the Trustees of** ## **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** I report on the accounts for the period ended 31st December 2022 set out on pages 4 to 8. ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’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 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 Charities 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. ## **Alasdair Weaks** Simpson Wreford & Partners Chartered Accountants Suffolk House George Street Croydon Surrey CR0 0YN Date: ............................................. 23rd October 2023 Page 3 ## **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** **Statement of Financial Activities for the period from 29[th] November 2021 to 31st December 2022** |**Notes**
**INCOME FROM**
Donations
Investment income
3
**Total**
**EXPENDITURE ON**
Charitable expenditure
4
**Total**
**NET INCOME/(EXPENDITURE)**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
8
**Total funds carried forward**
8|**Unrestricted**
**Fund**
**£**
1,227
1
1,228
867
867
361
-
361|**2022**
**Total**
**£**
**1,227**
**1**| |---|---|---| |||**1,228**
**867**| |||**867**
**361**| |||**-**| |||**361**| All of the above results are derived from continuing activities. The Charity has no recognised gains or losses other than those included in the Statement of Financial Activities. The notes on pages 6 to 8 form an integral part of these financial statements. Page 4 **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Balance Sheet At 31st December 2022** |**Notes**
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
6
**NET ASSETS**
**FUNDS**
Unrestricted funds
8
**Total funds**|**Unrestricted**
**Fund**
**£**
601
601
240
361
361
361|**2022**
**Total Funds**
**£**
**601**| |---|---|---| |||**601**
**240**| |||**361**| |||**361**| |||**361**| The financial statements were approved by the Board of Trustees on 23[rd] October 2023 and were signed on its behalf by: ## **J H Orchel Trustee** Page 5 **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Balance Sheet At 31st December 2022** The notes on pages 6 to 8 form an integral part of these financial statements. Page 6 **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Notes to the Financial Statements for the period from 29[th] November 2021 to 31st December 2022** ## **1. GENERAL INFORMATION** The charity is a Charitable Incorporated Organisation, registered with the Charity Commission in England and Wales. The address of its registered office is 8 Raymond Avenue, Ealing, London W13 9UZ. The principal activity of the charity is disclosed in the Report of the Trustees. ## **2. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Section 1a of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. The charity has elected to apply the exemption under FRS 102 from preparing a cash flow statement. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Cash at bank** Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. ## **Creditors** Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probably that a transfer or economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors are recognised at the amount the charity anticipates it will pay to settle the debt. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. There are no restricted, designated or endowment funds. Page 7 ## **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Notes to the Financial Statements for the period from 29[th] November 2021 to 31st December 2022** ## **3. INCOME** Other than a minimal amount of bank interest, all income received in the period is attributable to donations. All income in the period is unrestricted. ## **4. CHARITABLE EXPENDITURE** |Attending ceremonies and events
Support costs
**Total**|**£**
354
513| |---|---| ||867| ## **5. TRUSTEES’ REMUNERATION AND BENEFITS** There was no trustees’ remuneration or other benefits for the period ended 31st December 2022. During the period, trustees incurred expenditure on behalf of the charity totalling £867. This will not be reimbursed. ## **6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Accrued expenses
**Total**|**£**
240| |---|---| ||240| ## **7. TAXATION** The charity is exempt from income tax as all its income is charitable and is applied for charitable purposes. ## **8. MOVEMENT IN FUNDS** |**TOTAL FUNDS**
et movement in funds, included in the above are as
**TOTAL FUNDS**|**At**
**29.11.2021**
**£**
-
follows:
**Incoming**
**Resources**
1,228|**Net**
**movement in**
**funds**
**£**
**At**
**31.12.2022**
**£**
361
**361**
**Resources**
**Expended**
**Movement**
**In Funds**
867
**361**| |---|---|---| Net movement in funds, included in the above are as follows: Page 8 ## **THE POLISH AIRMEN’S FAMILY FOUNDATION - FUNDACJA RODZIN LOTNIKÓW POLSKICH CIO** ## **Notes to the Financial Statements for the period from 29[th] November 2021 to 31st December 2022** ## **9. RELATED PARTY TRANSACTIONS** During the period, the charity received donation income of £1,227 from the trustees and a supporter. Page 9