Charlty number: 1199056 THE ALINA COJOCARU FOUNDATION UNAUDrrED TRUSTEES. REPORT AND FINANaAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 THE AUNA COJOCARU FOUNDATION copirENTS Page Reference and administrative detai15 of the charity, tts trustees and advisers Trustees, ￿pOrt Trustees. responsibilities ststement Statement of financial attNlties Balance sheet Notes to the financial statements THE AUNA COJOCARU FOUNDATION REFERENCE AND ADMINISTrATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustees David Banks resigned 18 July 2025 Michael Carpenter {Chairl Raluca Gold-Fuchs Sayaka Wakits appointed 15 July 2025 laln Webb Founder Alina coj￿1rU Charity registered number 1199056 Prfncipal offke 14 ￿nevOr Road, Richmond, Surrey TWIO 6PF Independent Examiner For the financial statements forthe year ended 30 September 2024: Julian Flitter Goodman Jones LLP l Floor Arthur Stanley House 40-50 Tottenham Street London WIT4RN Note- There is no Independent Examiner for the financial Statements for the year ended 30 September 2025 as the chari￿5 income is below £25.(￿. THE AUNA COJOCARU FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees present their report together with the financial statements for the year ended 30 September 2025. The statement of financial activities and balance sheet have been prepared in accordance with Guidance issued by the Charity Commission and comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2(M)8 and the provisions of the Constitution of The Alina Cojocaru Foundation {"the charirf). Oblectlves and Artivities . Polldes and obiecbves The objects of the charity are the advancement of ballet. dance and the performing art5 by supporting the creation. development and performance of artistic productions,. and the advancement of education by supporting practical training in and outreach artivities related to ballet, dance and the performing arts and by developing public understanding and appreciation of these arts. b. Artlvltles for achieving obJectl¥es The charity provides funding to support the creation, development and perforrnan￿ of artistic works in the field of ballet. dance. music. film and other art fornis and to 5UPPOrt Acworkroom Ltd and other related organisations and indrvidua15 in providing outreach work to schools, educational establishments and the community in the field of arts. particulèrly ballet. dance and music. The trustees of the charity confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and public benefft,. Review of artivities, achle¥ements and perforn￿n The charity was formed on 10 December 2021 with the structure of an Association CIO. It was registered with the Charity Commission, with number 1199056, on 23 May 2022. The financial statements for the year ended 30 September 2025 are the third financial statements of the charity. During the year the charity received a donation of £2.(￿1 to SUPPOrt the b311et commissioned byAlina Cojocaru, La Strada, and a grant of E2.(KMJ was made to Acwofkroom Ltd during the year to support the touring costs of La Strada. The ballet has a story line based on the tla55ic 1954 film La Strada directed by Federico Fellini. with music for the ballet drawn from Nino Rota film music. La Strada wa5 presented in five public performances at Sadlerfs Wells in January 2024. Further perfomiances took place in February 2025 in Parma, ltsly. and Bonn. Gemany. During the year the charity re￿iVed donations of E6.5(NJ to support London City Ballet and a grant of £6.500 wa5 made to London City Ballet to support productions in which Alina Cojocaru was performing. The results of the charitys activities are summarised on page 7. THE AUNA COJOCARU FOUNDATION TRUSTEES. REPORT {continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Financlal review . Reserves poliry The trustees aim to maintain reserves at a level that would cover any future commitments or expenditure. The trustees consider that the amount of reserves will be dictated by future donations and will consist of donations received by the charity that are yet to be donated to individual charities and causes. b. Prlncipal fvNling The charity is principally funded by donations from private individuals. trusts and foundations. Strncture, governance and management a. Constitutlon The charity is an A550ciation Charttable Incorporated Organisation {"CI0"). wtth Constitution dated 23 May 2022. The registered charity number 15 1199056. b. Method of appointment or election of Trustees The management of the charity is the resFKJnsibility of the trustees who are elerted and co-opted under the terms of the Constitution. ¢. Oryanisational structure arxl dedslon making The organisational structure and decision making of the tharity is governed by its Constitution. At the trustees, meetings of the CIO the trusiees agree the strategy and areas of activity of the charity. This includes donations, reserves and risk management policies and performance. The day- to-day administration of donotions is the responsibility of the trustees. Plans for future perlods The funding of the charty will continue to be reviewed. The trustees expect to make further grants to Acworkroom Ltd to fvnd additional performances of La Strada as well as to fund the creation, pri)duttion and presentation of other ballet and dance works. Approved by order of the members of the board of Trnstee5 and slgned on their behalf by: Michael Carpenter Trustee Date: l6 eoi6 THE AUNA COJOCARU FOUNDATION STATEMEKf OF THE TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United fingdom Accounting Standards {United Kingdom Generally Accepted Accountin8 Prarticel. The law applicable to charities in England & Wales requires the trustees to prepore financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resour￿$ of the charity for that period. In preparing these financial statements. the trustees are required to- select suf(able accounting policies and then apply them consistently- observe the methods and principle5 in the Charities SORP: make judgments and accounting estimate5 that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed, subjert to any material departure5 disclosed and explained in the financial ststements: prepare the financial ststements on the goin8 concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are resF>onsible for keeping proper accounting records that are Sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charitie5 Act 2011. the Chartty IAccounts and Reports) Regulations 2008 and the provisions of the charitvs Constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detedion of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by: Michael Carpenter Trustee THE AUNA COJOCARU FOUNDATION srATEMENT OF FINANCIAL AcfMTIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Total funds 2025 Total fund5 2024 nds 2025 funds Z025 Income from Donations and legacies Investments 196,(KKI 42 Totsl Income 8,509 1%.042 Expenditure on: Charitable activities 12701 8.230 260.571 Total expenditure 1270) S￿IN) 8230 260.571 Net Intome/{expeThditure) 279 279 (64,529) Net movernent In funds 279 279 164529) Reconclliation of funds Total funds brought forward Net movement in funds 537 279 537 279 65.066 164.5291 Total funds cafrled forward 816 816 537 THE AUNA COJOCARU FOUNDATION BALANCE SHEEr AS AT 30 SEFfEMBER 2025 2025 2024 Fixed assets Current assets Debtor5 Cash at bank and in hand 50.1XX) 3,537 816 Totsl current assets 50,816 53,537 Current Llabilities Creditors falling due within one year 53.IXLI Net current a55ets 816 537 Totsl net assets 816 537 Charity funds Restricted funds Unrestrirted funds 816 537 Totsl funds 816 537 These financial statements were approved arKI authorw for issue by the Trustees and signed on their behalf bv: Michael Carpenter Trustee Date: THE AUNA COJOCARU FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 l. Accounting pollcies 1.1 Accounting convention The financial statements have been prepared to give a 'true and fair. view and have been prepared in accordance with Guidance issued by the Charity Commission and comply with the Charities Att 2011, The Charity {Accounts and Reports) Regulations 2008 and the provisions of the Constitution of The Alina Cojocaru Foundation 1.the chariv). The financial statements have been p￿pared to gNe a *rue and fair, view and have departed from the Charities {Accounts and Reports) Regulation$ 2(KJ8 only to the extent required to provide a 'twe and fair. view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accountin8 and Reporting by Charities.. Statement of Recommended Practi￿ effective from l April 2005 which has since been withdrawn. The statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The Alina Cojocaru Foundation constrtutes a public benefit enttty as defined by FRS 102. The charity is an Association Charttable Incorporated Organisation I"Cl¢YI registered in En8land and Wales and the address of its registered office is 14 Dynevor Road, Richmond. Surrey Th10 6PF. 1.2 Income All income is recognised once the charity has entttlernent to the income. it is probable that the income will be re￿ived and the amount of income receivable can be measured reliably. Income tax recoverable In relation to investment income is recognised at the time the investment income is receivable. 1.3 Expenditure Expendlture on charitable activities is incurred on directly undertaking the activlties which further the charity's objettNes. as well as any associated support costs. 1.4 Grant making Government grants relating to tanEible fixed assets are treated as deferred income and released to the Statement of financial activities upon the completion of the relevant performance-related condr(ions. Other grants that are not subjert to performance- related conditions are credited to the Statement of financial artivities as the grant proceeds are received. Grants re￿iVed priorto the revenue reco8nition criteria being satisfied are recognised as a liability. THE AUNA COJOCARU FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 1.5 Interest receNable Interest on fund5 held on deposit is included when re￿iVable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the instttution with whom the funds a￿ deposited. 1.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.7 Cash funds The charity holds both restricted funds. held to finance grants to AC Workroom Ltd and London City Ballet for the creation, production and staging of ballets. a5 well as unrestricted funds. 1.8 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted fvnds are funds which are to be used in accordance with specific restrittions imposed by donors or which have been raised by the charity for particular purposes. The costs of raisin8 and administering Such funds are charged against the specific fund. The aim and use of each restritted fund is set out in the notes to the financial statements. Investment income. gains and losses are allo&ited to the appropriate fund. 2. Donations and le8atles During the year the charity received o donation of £2.IXKI to support the international tour of La Strada and donations totalling £6.5￿ to support productions by London City Ballet in which Alina Cojocaru was performing. 3. Investment Income During the year the charity received bank interest of £9. 4. Charitsble grants During the year the charity made a grant to Acworkroom Ltd of £2,IXM) to support the international tour of La Strada and a grant of £6.5LY) to SUPPOrt productions by London City Ballet in which Alina Cojocaru was performing. io THE AUNA COJOCARU FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 S. Debtors In the prior year a loan was made to AC4Vorkroom Ltd of £50.[￿ which was interest free and had no fixed repayment teTrnS. The loan was repaid to the charity in December 2025. 6. Credito¥s In the prior year the charity borrowed £50.(KJ) from one of its trustees. The loan was interest free and had no repayment terms. The loan was repaid by the charity in December 2025. 7. Trustee5' remuneration and expenses During the year, no trustees re￿iVed any remuneration or other benefits. During the year. no Trustees expenses have been incurred. 8. Related party transartions During the year, the charity paid grants of £2.CrfXI12024: 252,505} to Acworkroom Ltd. The sole shareholder of Acworkroom Ltd is Alina Cojocaru. the Founder of the charity- Under the chariws Constitution. Alina Cojocaru, as Founder. has ￿rtain rights includinE in relation to the use of her name by the chartty and the appointment and removal of trustees. In the prior year a loan was made to Acworkroom Ltd of £50.￿) which was interest free and hod no fixed repayment terms. The loan was repaid to the charity in December 2025. In the prior year the charty borrowed £50,(KKI from one of its trustees. The loan was interest free and had no repayment temis. The loan was repaid by the charity in December 2025. li