**REGISTERED CHARITY NUMBER: 1203916**
## **UKRAINIAN MEDICAL CHARITY**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
**UKRAINIAN MEDICAL CHARITY**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
||**Page**|
|---|---|
|**Reference and Administrative Details**|**1**|
|**Chairman’s Report**|**2**|
|**Report of the Trustees**|**3**|
|**Independent Examiner’s Report**|**5**|
|**Statement of Financial Activities**|**7**|
|**Statement of Financial Position**|**8**|
|**Notes to the Financial Statements**|**9**|
**UKRAINIAN MEDICAL CHARITY**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
## **TRUSTEES**
Roman Cregg (Chair) Dennis Ougrin (Trustee) Oksana Litynska (Treasurer) Roman Grushkevych (Secretary)
> **PRINCIPAL ADDRESS** Suite 147 Mill Hill House 6 The Broadway London NW7 3LL **REGISTERED CHARITY NUMBER** 1203916 **CHIEF EXECUTIVE OFFICER** Oksana Lovochkina
Page 1
**UKRAINIAN MEDICAL CHARITY**
## **CHAIRMAN’S REPORT FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
The charity had a successful period in providing humanitarian aid to Ukrainians.
Over the course of the period the Charity's Chief Executive Officer, Oksana Lovochkina, ("CEO") was successful in holding a number of fundraising events and is building excellent working relationships with potential partners and grant authorities.
The Trustees recognise that the Ukraine/Russia war is likely to continue for the foreseeable future and that the charity has to position itself to provide support for the longer term and this inevitably means additional funding will be required.
The CEO and Trustees would like to thank the volunteers, partners all donors and other stakeholders that have allowed Ukrainian Medical Charity to have a successful period. The Charity looks forward to continuing its support for Ukraine.
Page 2
**UKRAINIAN MEDICAL CHARITY**
## **REPORT OF THE TRUSTEES FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
The trustees present their report with the financial statements of the charity for the period 10 July 2023 to 31 July 2024. 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The trustees present their report and the financial statements of Ukrainian Medical Charity ("UMC") for the period ended 31 July 2024, which have been prepared in accordance with the Charities Statement of Recommended Practice Charities SORP (FRS 102) and Financial Reporting Standard 102 (FRS 102).
The charity was established as a Charitable Incorporated Organisation under the Charity Commission with model governing documents.
The charity trustees for the purposes of charity law are known as members of the Board of Trustees.
The members of the Board of Trustees are elected to serve for a period of three years after which they must step down and may be re-elected at the next Annual General Meeting.
A broad skill set is represented on the Board of Trustees, including experts in finance, IT, medical research and business. This board has been constituted in order to provide the professional and technical expertise required to ensure accountability for and efficiency in UMC's work.
We believe assessing the quality of the work being undertaken with UMC funding, the competence of local partners; and the financial integrity of the programmes are the most appropriate ways for Trustees to ensure the accountability of UMC's work.
The key management personnel of the charity as listed on Page 1 are in charge of directing, controlling, running and operating the charity on a day-to-day basis. The pay and remuneration of the Chief Executive Officer is reviewed annually by the Board of Trustees
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objects of the Charity are, for the public benefit, to advance the education of Ukrainian nationals and citizens involved or wishing to become involved in the provision of medical and healthcare services and those training to be healthcare professionals and to advance the health of those suffering ill-health or disability in Ukraine.
## **Significant activities**
During the year, we held a number of fundraising events, including our fundraising breakfast in February; Gala Event in March and another in Wheatley in April; Two Castles 10km Fundraising Run Event for UMC and Stand for UMC at the Armed Forces Day 2024 in Warwick in June.
We collaborated with our partner, TCC-Casemix, to engage Ukrainian clinicians in research, leveraging their qualifications.
Working with The Nightingale Foundation and the NMC, we also provided training for Ukrainian nurses in the UK and supported them with the necessary information to obtain nurse registration in the UK.
Together with the East European Resource Centre and Barking & Dagenham Council we held a webinar about MMR-vaccination and its importance during the current outbreak of measles in Europe.
Page 3
## **UKRAINIAN MEDICAL CHARITY**
More than 403,000 medical consumables and equipment were delivered to hospitals and medical teams in Ukraine.
We also received grants from Florence Nightingale to provide training for nurses and from the Association of Ukrainian Women to fund Ambulances and Medical Equipment for Ukraine.
As a Chair organisation (CEO UMC is the Chair) of the Health Alliance we gathered supporters and partners of the Ukrainian Medical Charity on a monthly basis to discuss difficult ways and joint projects with, among others, British Red Cross, Circle Health Group, DSHS and St John Ambulance.
## **Public benefit**
The Charity's Trustees have complied with their duty under Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charities Commission when reviewing the Trust's aims and objectives and in planning future activities whether in the nature of incoming or outgoing resources.
## **Volunteers**
The Charity has had a number of volunteers over the period to assist with our fundraising activities.
## **FINANCIAL REVIEW Investment policy and objectives**
Under the constitution, the charity has the power to make any investments that the Trustees see fit.
## **Reserves policy**
UMC's policy is to maintain unrestricted funds sufficient to cover its liabilities as they fall due.
At the end of the period the Charity had a cash balance of £10,478 and reserves of £10,395.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Statement of fundraising practice**
In accordance with the charities (Protection and Social Investment) Act 2016, the following statement outlines the fundraising practice for the Ukrainian Medical Charity.
During the period there were no failures to comply with the Fundraising Regulator's code of practice. UMC does not sell or swap data with other charities or organisations or make any cold telephone calls to the general public.
During the period UMC did not contract services for any professional fundraisers as defined by section 58 of the Charities Act 1992. During the course of 2023 URA received no complaints about our fundraising practice in response to any of our fundraising direct mailings that were sent out
. UMC does not engage in persistent or intrusive fundraising practices with any of our supporters, including vulnerable people.
Where vulnerable people or those acting on their behalf request to cease communications, we act on their wishes.
Approved by order of the board of trustees on 25 date 2025 and signed on its behalf by:
Roman Cregg - Trustee
Page 4
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
## **Report to the trustees/** UKRAINIAN MEDICAL CHARITY **members of**
**On accounts for the year** 31[st] July 2024 **ended**
**Charity no** 1203916
**Set out on pages** 1-2
**Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
- It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- • to state whether particular matters have come to my attention.
**Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention 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 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 _._
**Date:** 20[th] February 2025
**Signed: Name:** Rachel Eden
1
**Relevant professional** FCMA (Fellow of the Chartered Institute of Management Accountants) **qualification(s) or body**
**Address:** Holy Brook Associates, Curious Lounge, 1st Floor, Pinnacle Building, Tudor Road, Reading, England, RG1 1NH
## **Section B Disclosure**
> [NONE ]
2
**UKRAINIAN MEDICAL CHARITY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
**Total**
**EXPENDITURE ON**
Raising funds
Charitable activities
2
**Total**
**NET INCOME**
**TOTAL FUNDS CARRIED**
**FORWARD**|Unrestricted
Funds
£
14,620
4,598
19,218
3,476
10,558
14,034
5,184
5,184|Restricted
Funds
£
6,150
-
6,150
-
1,199
1,199
4,951
4,951|Total
Funds
£
20,770
4,598|
|---|---|---|---|
||||25,368|
||||3,476
11,757|
||||15,233|
|||||
||||10,135|
||||10,135|
The notes form part of these financial statements
Page 7
**UKRAINIAN MEDICAL CHARITY**
## **STATEMENT OF FINANCIAL POSITION 31 JULY 2024**
|Notes
**CURRENT ASSETS**
Accrued income
Cash at bank
**CREDITORS**
Amounts falling due within one year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
Funds
£
1,155
5,627
6,782
1,598
5,184
5,184
5,184|Restricted
Funds
£
-
4,951
4,951
-
4,951
4,951
4,951|Total Funds
£
1,155
10,578|
|---|---|---|---|
||||11,733
1,598|
||||10,135|
||||10,135|
||||10,135|
||||5,184
4,951
10,135|
The financial statements were approved by the Board of Trustees on 25 January 2025
and signed on their behalf by:
Roman Cregg - Chairman
The notes form part of these financial statements
Page 8
**UKRAINIAN MEDICAL CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', 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.
## **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 **.**
## **Taxation**
The charity is exempt from tax on its charitable activities
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 9
**UKRAINIAN MEDICAL CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
## **2. EXPENDITURE ON CHARITABLE ACTIVITIES**
|Ambulances and Medical Equipment
Grant to Ukrainian Humanitarian Aid Charity
Training for Ukrainian Nurses
**TOTAL**
**Analysis by fund**
Unrestricted
Restricted|Period to
31.7.24
£
8,919
2,000
838|
|---|---|
||11,757|
||10,558
1,199
11,757|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the period ended 31 July 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the period ended 31 July 2024.
## **4. EMPLOYEES**
There were no employees for the period ended 31 July 2024.
## **5. MOVEMENT IN FUNDS**
|Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Net
movement
in funds
£
5,084
4,951
10,035|At 31.7.24
£
5,084
4,951|
|---|---|---|
|||10,035|
Net movement in funds, included in the
above are as follows:
|Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Incoming
Resources
£
19,118
6,150
25,268|Resources
expended
£
(14,034)
(1,199)
(15,233)|Movement
in funds
£
5,084
4,951
10,035|
|---|---|---|---|
Page 10
**UKRAINIAN MEDICAL CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 10 JULY 2023 TO 31 JULY 2024**
## **6. RELATED PARTY DISCLOSURES**
There were no related party transactions for the period ended 31 July 2024.
Page 11