OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Namysto

Charity No. 1209211

Company No. 14012339

Trustees' Report and Unaudited Accounts

31 March 2025

Namysto Contents

Pages
Trustees'AnnualReport 2 to 6
IndependentExaminer'sReport 7
Statement of FinancialActivities 8
SummaryIncomeandExpenditure Account 9
BalanceSheet 10
Statement ofCashflows 11
Notesto the Accounts 12 to 17
DetailedStatement of FinancialActivities 18 to 19

Page 1

Namysto

Trustee Annual Report

----- Start of picture text -----
For the Period 1st April 2024 to 31st March 2025
----- End of picture text -----

1. Introduction

This report summarises the activities and achievements of Namysto from 1st April 2024 to 31st March 2025. This period has been one of significant growth and adaptation, during which we have continued to provide essential support, community, and educational opportunities for refugees from Ukraine and their host families in Cambridge.

Our work has been made possible through the generous support of our funders, primarily Cambridgeshire Community Foundation and Cambridge City Council, and the unwavering dedication of our volunteers, staff, and trustees. We have focused on delivering high-impact projects that meet the evolving needs of our community, from educational support for children to well-being activities for teenagers and cultural events for all ages.

This report details our key activities, financial overview, and the measurable difference we have made to the lives of those we support. We remain committed to our mission of aiding integration, preserving cultural heritage, and fostering a strong, supportive community.

2. Activities and Achievements

During this reporting period, Namysto successfully delivered a diverse portfolio of projects, funded by Cambridge City Council's United with Ukraine grant fund and Cambridgeshire Community Foundation.

Page 2

A. Educational Support: Cambridge Ukrainian School

B. Teen Voices Programme

C. Cultural and Educational Excursions

Page 3

D. Community Events

3. Financial Summary

Namysto has maintained robust financial controls over this period. All grants received were fully spent on their allocated purposes, as evidenced by the detailed monitoring reports submitted to our funders.

4. Impact and Outcomes

The collective impact of our work is demonstrated through quantitative and qualitative evidence:

Page 4

5. Thanks

The trustees extend their sincere thanks to:

6. Future Plans

Looking ahead, Namysto aims to:

We remain dedicated to supporting our community through the ongoing challenges of displacement and building a positive future in Cambridge.

REFERENCE AND ADMINISTRATIVE DETAILS Company No. 14012339 Charity No. 1209211 Registered Office

186 Coldhams Lane Cambridge CB1 3HH

Page 5

Namysto Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 14012339

Charity No. 1209211

Registered Office

186 Coldhams Lane Cambridge CB1 3HH

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

Alina Molchanova Andrei Kirilenko Liliia Pochkun Sara Platings

Accountants

Fynax Ltd 430 Legacy Centre Hampton Road West Feltham Middlesex TW13 6DH

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

Sara Platings Trustee 31 March 2025

Page 6

Namysto Independent Examiners Report

Independent Examiner's Report to the trustees of Namysto

I report to the charity trustees on my examination of the financial statements of Namysto for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

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 financial statements to be reached.

Abdul Noor Ahmed FMAAT

Fynax Ltd 430 Legacy Centre

Hampton Road West

Feltham

Middlesex

TW13 6DH

31 March 2025

Page 7

Namysto

Statement of Financial Activities

for the year ended 31 March 2025

for the year ended 31 March 2025
Notes
Income and endowments
from:
Donationsandlegacies
4
Charitableactivities
5
Total
Expenditure on:
Charitableactivities
6
Other
7
Total
Netgainsoninvestments
Netincome/(expenditure)
Transfersbetweenfunds
Netincome/(expenditure)
before othergains/(losses)
Othergainsandlosses
Net movementinfunds
Reconciliation of funds:
Totalfundsbroughtforward
Totalfundscarriedforward		 Unrestricted
funds
2025
£
8,486
-		 Restricted
funds
2025
£
-
26,552		 Totalfunds
2025
£
8,486
26,552		 Totalfunds
2024
£
63,333
-
8,486
-
5,423		 26,552
11,505
15,047		 35,038
11,505
20,470		 63,333
28,915
45,271
5,423
-		 26,552
-		 31,975
-		 74,186
-
3,063
-		 -
-		 3,063
-		 (10,853)
-
3,063 - 3,063 (10,853)
3,063
(11,272)		 -
-		 3,063
(11,272)		 (10,853)
(419)
(8,209) - (8,209) (11,272)

Page 8

Namysto Summary Income and Expenditure Account

for the year ended 31 March 2025

Income
Gross incomefor the year
Expenditure
Totalexpenditurefor the year
Netincome/(expenditure)before tax
for the year
Netincome /(expenditure)for the year		 2025
£
35,038
35,038
31,975
31,975
3,063
3,063		 2024
£
63,333
63,333
74,186
74,186
(10,853)
(10,853)

Page 9

Namysto Balance Sheet

at 31 March 2025

at 31 March 2025
Company No.
14012339
Notes
2025
£
Current assets
Cashat bankandin hand
5,020
5,020
Creditors: Amountfallingdue within one year
9
(13,229)
Netcurrentliabilities
(8,209)
Totalassets lesscurrentliabilities
(8,209)
Netliabilitiesexcludingpension asset orliability
(8,209)
Totalnetliabilities
(8,209)
Thefundsofthecharity
Restrictedfunds
10
Unrestrictedfunds
10
Generalfunds
(8,209)
(8,209)
Reserves
10
Totalfunds
(8,209)		 2024
£
15,569
15,569
(26,841)
(11,272)
(11,272)
(11,272)
(11,272)
(11,272)
(11,272)
(11,272)

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 March 2025

And signed on its behalf by:

Sara Platings

Trustee

31 March 2025

Page 10

Namysto Statement of Cash flows

for the year ended 31 March 2025

Cashflowsfrom operatingactivities
Netincome/(expenditure)perStatement ofFinancialActivities
Adjustmentsfor:
(Decrease)/Increasein tradeand other payables
Netcash usedin operatingactivities
Netcashfrominvestingactivities
Netcashfromfinancingactivities
Net(decrease)/increaseincash andcash equivalents
Cash andcash equivalentsat the beginningofthe year
Cash andcash equivalentsat the end ofthe year
Componentsofcash andcash equivalents
Cashand bankbalances		 2025
£
3,063
(13,612)
(10,549)
-
-
(10,549)
15,569
5,020
5,020
5,020		 2024
£
(10,853)
26,841
(47,345)
63,333
-
15,988
-
15,988
15,569
15,569

Page 11

Namysto Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year.

assets

Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 12

Namysto Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 13

Namysto Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The

corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 14

Namysto Notes to the Accounts

3 Statement of Financial Activities - prior year

3
Statement ofFinancialActivities-prior year
Income and endowmentsfrom:
Other
Total
Expenditure on:
Raisingfunds
Other
Total
Netincome
Netincome before other
gains/(losses)
Othergainsandlosses:
Net movementinfunds
Reconciliation of funds:
Totalfundsbroughtforward
Totalfundscarriedforward
4
Incomefrom donationsandlegacies
5
Incomefromcharitable activities		 Unrestricted
£
8,486
8,486
Restricted
£
26,552
26,552		 Unrestricted
funds
2024
£
63,333
63,333
28,915
45,271
74,186
(10,853)
(10,853)
(10,853)
(419)
(11,272)
Total
2025
£
8,486
8,486
Total
2025
£
26,552
26,552		 Totalfunds
2024
£
63,333
63,333
28,915
45,271
74,186
(10,853)
(10,853)
(10,853)
(419)
(11,272)
Total
2024
£
63,333
63,333
Total
2024
£
-
-

Page 15

Namysto Notes to the Accounts

Namysto
Notesto the Accounts
6
Expenditure oncharitable activities
Expenditureoncharitable
activities
Governancecosts
7
Other expenditure
Motorand travelcosts
Premises costs
Generaladministrativecosts
Legaland professionalcosts
8
Staffcosts
No employee received emolumentsin excess
9
Creditors:
amountsfallingdue within one year
Tradecreditors
Loansfrom trustees		 Unrestricted
£
2,116
100
213
2,994
5,423
of£60,000.		 Restricted
£
11,505
11,505
Restricted
£
-
3,572
1,191
10,284
15,047
2025
£
-
13,229
13,229		 Total
2025
£
11,505
11,505
Total
2025
£
2,116
3,672
1,404
13,278
20,470		 Total
2024
£
28,915
28,915
Total
2024
£
6,087
16,086
464
22,634
45,271
2024
£
1,500
25,341
26,841

Page 16

Namysto Notes to the Accounts

10 Movement in funds

10 Movementinfunds
At 1 April
2024
Restrictedfunds:
Restrictedincomefunds:
Incomefromcharitable
activities
-
Total
-
Unrestrictedfunds:
Generalfunds
(11,272)
Totalfunds
(11,272)
Purposesand restrictionsin relation to thefunds:
Restrictedfunds:
Incomefromcharitable
activities
11 Analysisofnet assetsbetweenfunds
Netcurrentassets
12 Reconciliation ofnet debt
Cashandcash equivalents
Net debt		 Incoming
resources
(including
other
gains/losses
)
£
26,552
26,552
8,486
35,038		 Resources
expended
£
(26,552)
(26,552)
(5,423)
(31,975)		 At 31
March
2025
£
-
-
(8,209)
(8,209)
At 1 April
2024
£		 Unrestricted
funds
£
(8,209)
(8,209)
Cashflows
£		 Total
£
(8,209)
(8,209)
At 31
March
2025
£
15,569 (10,549) 5,020
15,569
15,569		 (10,549)
(10,549)		 5,020
5,020
13 Related party disclosures
Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 17

Namysto Detailed Statement of Financial Activities

for the year ended 31 March 2025

for the year ended 31 March 2025
Income and endowmentsfrom:
Donationsandlegacies
Charitableactivities
Total income and endowments
Expenditure on:
Charitableactivities
Totalofexpenditure oncharitable
activities
Motorand travelcosts
Travelandsubsistence
Premises costs
Rent
Rates
Premises cleaning
Generaladministrativecosts,
includingdepreciationand
amortisation
General insurances
Software,ITsupportand related
costs
Stationeryand printing
Subscriptions
Sundry expenses
Legaland professionalcosts
Accountancyand bookkeeping
Consultancyfees
Otherlegaland professional
costs
Totalofexpenditure ofothercosts		 Unrestricte
dfunds
2025
£
8,486
8,486
-
-
8,486
-
-
-
2,116
2,116
-
100
-
100
96
-
41
76
-
213
1,082
300
1,612
2,994
5,423		 Restricted
funds
2025
£
-
-
26,552
26,552
26,552
11,505
11,505
11,505
-
-
2,550
-
1,022
3,572
-
950
-
241
-
1,191
-
10,284
-
10,284
15,047		 Totalfunds
2025
£
8,486
8,486
26,552
26,552
35,038
11,505
11,505
11,505
2,116
2,116
2,550
100
1,022
3,672
96
950
41
317
-
1,404
1,082
10,584
1,612
13,278
20,470		 Totalfunds
2024
£
63,333
63,333
-
-
63,333
28,915
28,915
28,915
6,087
6,087
16,086
-
-
16,086
96
-
78
124
166
464
750
21,884
-
22,634
45,271

Total of expenditure of other costs

Page 18

Totalexpenditure
Netgainsoninvestments
Netincome/(expenditure)
Netincome/(expenditure)before
othergains/(losses)
Other Gains
Net movementinfunds
Reconciliation of funds:
Totalfundsbroughtforward
Totalfundscarriedforward
Namysto
DetailedStatement ofFinancialActivities		 5,423
-
3,063
3,063
-
3,063
(11,272)
(8,209)		 26,552
-
-
-
-
-
-
-		 31,975
-
3,063
3,063
-
3,063
(11,272)
(8,209)		 74,186
-
(10,853)
(10,853)
-
(10,853)
(419)
(11,272)

Page 19