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2024-07-31-accounts

Nuestra Escuela Cardiff Annual Report and Financial Statements for the year ended 29 July 2024

Prepared by Silvia Villarroya Lidon – Trustee Approved by Beatriz Abad Garis – Trustee

Reference and administrative details of the charity and its trustees.

The trustees during the financial year and up to and including the date the report was approved were:

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Name Position Date
Beatriz Abad Garis Chairman Appointed 12/08/2022
Silvia Villarroya-Lidon Vice-Chairman Appointed 12/08/2022
Laura Requena Casado Treasurer Appointed 12/08/2022
Nieves Galvin Navas Secretary Removed 03/03/2024
Sara Carneros Diaz Co-opted Trustee Appointed 03/03/2024
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Charity Number: 1200047 (Registered in England and Wales)

Registered and principal address: 92 Pendine Close, Barry , CF62 9DE Bankers address : Barclays Bank, 1-5 St David’s Way, 28 Working St, St Davids Centre, Cardiff CF10 2DP

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) association formed on 12 August 2022.

Method of recruitment and appointment of trustees.

The trustees of the charity are appointed by the members at the AGM.

Objectives

To advance the education of the public in Cardiff and the surrounding areas in the Spanish language, culture and traditions by providing Spanish language classes and organising activities and events to educate the public in the culture and traditions of Spain and Spanish speaking countries.

The Charity’s activities

To advance the education of the public in Cardiff and surrounding areas in the Spanish language, culture and traditions. We have managed to do that by running a Spanish supplementary school every week for children up to 14 years old. We provide Spanish Language classes and organizing activities and events to educate the public in the culture and traditions of Spain and Spanish speaking countries.

Public Benefit Statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit, and particularly the advancement of education.

Achievements and Performance

We have managed to have over 80 children on the register.

Thanks to parents and volunteers, we have managed to organize social events for the community and open “coffee corner” at school.

This period we also managed to get a grant from National Lottery Community Fund for a value of £3000.

ACCOUNTS

The trustees have prepared the accounts on a receipts and payments basis.

Trustee expenses

No trustee received any expenses during this year.

Trustee remuneration

Name of Trustee or
related party
Relationship to
charity
Description of
Transaction
Amount £
Beatriz Abad Garis Chair Freelance worker £300
Silvia Villarroya-Lidon Trustee Freelance worker £300
Sara Carneros Diaz Co-opted Trustee Freelance worker £400

No other trustees received any remuneration during this year.

Reserve policy

The charity’s free reserves at the end of year were £2,000.

The reserve fund is established to provide financial stability and security to NEC, enabling it to continue its charitable activities even during periods of financial uncertainty or unforeseen expenses.

The reserve fund may be utilized in cases of emergency expenses, such as unexpected operational costs, urgent repairs, or other unforeseen circumstances that threaten the continuity of NEC's operations. Reserve funds may also be accessed to bridge short-term funding gaps or to seize strategic opportunities that align with NEC's mission and goals.