ITALIAN MEDICAL CHARrrY
Charity No 218259
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5th APRIL 2022
WINTER & COMPANY
Chartered Accountants
Melbury House
34 SouthlJ)rough Road
Bickley Bromley
BR12EB

ITALIAN MEDICAL CHARITY
Charity Number 218259
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 5th APRIL 2022
REFERENCE AND ADMINISTRATWE DETAILS OF THE CHARITY
Principal Address
114 SGhool Lane, Bushey, Hertfordshire WD23 1 BX
Governing Document..
Memorandum and Articles of Association
Constitution..
Charity was established by a Charty Commissioners Scheme
dated 14th May 1992 in England and Wales
Charity registration number.
218259
Truslees".
Don. Lorenzo Giovene di Girasole
Dr Gino Amato
Mr Peter Capella
Mr Luigi Lavarini (Chairman}
The Hon. Olga Polizzi CBE
Dott Mareo Villiani
Mr Marco Evans
Ms Daniela Manzi {appOInt￿ 21st October 2021)
offi￿rS
Mrs Calerina Ferro
TRUST ADVISORS
The Trust's advisors during the year were:_
Bankers
HSBC
149 Rushey Green
Cattord
London SE6 4BQ
Investment Advisors-_
Inveslec Wealth and Investment Ltd
30 Gresham Street
London, EC2V 7QN
Chades Stanley Pan Asset
55 Bishopsgate
London EC2N 3AS
Auditors".-
Winter & Co.,
Melbury House,
34 Soulhborough Road,
Bickley, Bromley,
Kent, BR12EB
Page I

ITALIAN MEDICAL CHARrrf
Charlty Number 218259
TRUSTeES ANNUAL REPORT Icontlnued)
FOR THE YEAR ENDED 5th APRIL 2022
STRUCTURE. GOVERNANCE AND MANAGEMENT
The day lo day administrats'on and management of the charity are carried out by Caterina
Ferro. The pert￿Mance oflhelr duttes are dosely rr(ffjrtored by the Trustees.
The Trustees confimi that major risks la(#ng the charity have iw) Identsfied and 8yStem8
have been estsblished to mitigate them. These risks org rw8¥th1 on an annual baws.
It18 recognised by the Trustee8 that rt is tsr responsits'lity lo ensure that any new Trustees
appolnled are made aware of their responsibilth.es lo the chanty. They are also aware that rt is
their re$pon$lbilty lo ensure that any new appointees are prwrty educated and trained 80 that
they can cary out Ihelr duti•$ to the rewired standard.
OBJECTIVES AND ACTIVITIE3
The Charity was eslat41str*d ty a Chaty Comml881on8r8 Scheme d8￿j 14th May 1992. 8ntt18
edminlslered by the body of Truste88.
The pfindpal objedve of the Charlty is for the r81iel of 8ickn8ss. disabllity CK bodily or n*nt81
Infirmity of person$ of Italian naoonality (x descenl Nthich Is ol public tsenefft. Th8 Truste88
¢onfirm Ihal they have read the Charity Commission's guida￿0 on public benefit.
However, the Tru8teo8 may apply the income of the Trust for the above wrpo888 to any per80n8 01
any nalionalily or descent, or prowde Surg￿1, medical or rehakn'litalive treatrnenl to bèneficiariès
of the Charity, their Cafe 88s18lanls or other ¢thaiiknes arKI institutions estsbli$hgd lo pmide or
promote Bimilar ch8rftsbl6 purp0868.
The assets of the Charity are all held In unreslllrknd Incom6 fur•Js. ts Income of vthich can be
spent on any of the Charity's purposes.
All assets have been acquired in aeeordanco wlh ts powers available to the Tru8te98 a8 Set out
in the Charty Commi88ioner8 Scheme doeument.
FINANCIAL REVIEW
The Charity's investment 8nd other income during the yèar by 6 31% to £57,731.
During the year grants were made in Sup￿ of the obj'ects of the Charity tot811ing £84.185 as
compared £105,000 in the year. The 19 P￿deMI¢ hiTrJered the Chanty
in terms of the number of grants It was ablo to issue in the year. Whilst drwdend in(xx))e dro
this was more than offset by the realised gains cm disFrf)sals in the year vthit* meant the chanty
Could supp)rt those grarrts issued in the year. The Trustees are conbnually l¢>)king to increase the
number of grants in the future by publiry¥ng the thortys existwKe arKI purpose nv)re wdety
within the Italian communty.
The Trustees anlicipale that the level of investment income receNable in the forthcoming year wll
increase and this should still enable Charity to maintain the total am¢)unt of grants lo be made al
a level comparable wth the year ￿r￿er revbew There were also somo not realised gains on aquities
8old in Ihe year. Total funds have therefore increased to £3.711.622 at the balance sheet date.
Investment strategy is detemin8d by the TnJ$tees wlh the aim of 9ener8tlng
sufficient income to maintain grant payments at oxistrng levels and to ￿Ver ovetheads. The fun¢Js
should be invested defensively in a diverse portfolio of stocks in such a vrdy that financial risk
is kept lo a minimum. The chanty does not knowingly invest in companies whose scoal,
environmentsl or ethical history is in any way disreputatle. During the year the chanty
continued to invest in Iwo separate funds so a5 to continue the polry of fwlher
¢JiverJifying the Gharity'a In￿•tM￿t•.
Pa8t 2

ITAUAN MEDICAL CHARirY
Charfty Numb8r 218259
TRusfEES ANNUAL REPORT{conllnued)
FOR THE YEAR ENDED 5th APRIL2022
ACHIEVMENTS AND PSiFoRM￿CE
Thè Trustees consider that Ihe p8rf0mwt￿ ofthe charity tn the year met &Xp￿ts￿r￿8. Durwu the ye
there were 7 (202121 ben&ffc4aries (eXc￿dry tl*ssè who reLYNed treabwtatthe Scalabr¢ni )
who r￿￿e￿ finan¢1￿ assts13n￿ frcrfn the rthnty. The Tn￿le8$ arn CDllf*meiS Ihal there were only 7
beneficSarfes Ihe year and Mll look to improve on thls neXt￿ar. At anyone bm8 thèrè can bg bgh¥80n
80 to 100 eklerty r•$ldents slaylng atthè Vima Scalabrfni and the granllhe chwity m8k¢s is 8 coTrtrflyJUon
10 the cost of resld¢ntlal care. The tot81 amount of grants made has de¢r6asod to £74,185 o)mpared
tts thè arMuAls pald In prtV¢t￿ years. Incorne recefved In the ye8rthcgped lo £57.731 bec8u5e of Covld 19
Reallsed g81ns h)wever lotsued £14&428 In Ih ￿. Unrnalised ￿nS were £4.619.
The chartyend6avourn to maitsin a t￿1 ofre$8Thw Ihal•rAbl8s ttlo meel Is day to dayfinanual
obllg8trons. Thi5 0trfj'8cbvg vms metthi5)W7*llh re8ems *tspaknJfrom £3.tr23.474 to £3.721,622,
tha ygar.
PLANS FOR THE FUTURE
Th• k•y alm$ and oblfjclfves for ihe remth $8m• as Ilrty are •rnl hav• been In fv pasL
TRvFfEE8 STATEIIEKf OF RESPONSIBILrrY IM RELATION TO THE ACCOUt¥Ts
Tho Tfusl¢es ara responslble for prgp¥Nw the Tmstee5 Report and thè fu78n¢ial 818t9menls
in accordance vlih 8ppll¢8ble18w Unlled Ao)JuntEng *ndards IUrblt8d Klngdom
Gon8rallyAccepted ACCO￿ Prncfjcg).
Thg law appllceble lo thaFlil88 In England arKI W810s rnwwes the trusle•sto prnpAre fin8nc
st8tem8nts for eath finanrA•I year whlch gNg a true and falr vl8w of th8 5tste d affalrs of thè
charity and ofth8 Incomlng restsu￿ and oppThGaUon of re8tsurc88 ofthe chgrftyforthatp•rfod.
Pro￿rIng those tlnandal ststemrt th8 ￿￿100# Ère rewlred to
sè1gctsull•ble ¢c(%wnUng pofKa•s and Ihèn apply them c¢M•W.
observe the method¥ and Prf￿leS In tr* Ch•kn8s SORP
make judaemenls and estiffAtès that￿ rea¥Ma￿ ond pi
state wh8lher #ppllcthte UKAtt0unti￿j Stsr#lths have been followed. subJedto any
m8tsrlal departures (fhsdo8ed 8nd ejpblned In th• fin#ndg1 Statemen￿ and
pr6Por8 th8 ffflandal slatfjments going ￿1¢¢M basls w4•86 It is InapN￿18tO
to pr48um0 th81 thg kn optratk4).
The Trust8es are respDrtsibf&for keep4ng sufficienta￿olMtr￿ rec(rd8, th81 disclos8
reasonBblo aC￿JracY at8rylllne Ih•fftianc491 rfthe chaTtyand onablg them lo en6ure
Ihatfhe finan¢581 statsments com￿yw11h the Ch￿￿eS hLi 2011. the CW Regulatlons 21J08
and the provisions of thtr Tnjst Dfj￿. They are a150 rasponsiblè for safegwdiThJ Ihe assets ofthè
charrty and hen¢9 for lakFng reasonable step5 flx the preventsw 8nd deteGlTh of fraud and other
Irrngulari¥e&
Thls rewtwa$ 8ppro¥od by thè Board ofTn* on .... .
aThJ *ned on Ks behalf.
Luigl Lavarfni
TruBiee (Chalnn•n)
Pa8e3

ITAUAN MEDICAL CHARiri
Charity Numbgr 218259
INDEPENDENT AUDffORS' REPORT
FOR THE YEAR ENDED Sth APRIL 2022
We have audited th8 finanu4 slat￿ne￿ Oft￿ IWi8n Charityon pgaes 5 to 12 for Ih•
year etKled 51h April 2022. These firtanraal slatements have been preparèy in aco)rdance
the accounting policies set Outthe￿n. This Jew)rt ￿ made solety to thanws tru6tees as a
body in aco)rdanc8 with th8 Charitses ALt 2011. Our alkdit *Drk ha5 teen undertaken so that
mignt State 10 the charws tru$te8s mose mattets * are re4ulreiJ to s¢a* to In
au¢rtoe$ ￿pOrt and for no other purprffje. To the lullest exlent permthd by Iw, do Th)t
C8Pt or assume r8sponsibik.ty to anyon8 Olher than th8 charty aTrJ th8 charitys tru5te85
body. for our audit wolK forthis report. orthe hab* fonyknl.
Rg•p¢ctlvg Tg•porAlblll¢l•• gf th• tru•tw• •nd •udltorn
The tru5188s' responsibilities for preparing th8 Trustee5 ReFQrt and th8financ4al stAt￿ts in
cordance wth applicable law and Unrted Ac£c4JnbTrJ Standèth l Unrt•J Kingdts
G8n8rally Accepted Arxounbrg Pra¢tic8 I Indwling Finanoal R¢pornThJ Stsndar(1102 are 80t out
in Ihg S*atem•nt ofTruSt￿ Re¥pon$h￿1rtW. on p>Jg 3.
Wtr hav& been appointad a8 audito￿ 8écbon stdion 145 of lh& Charil*s Ad 2011 and
report In ac¢L¥dance rewlaiion8 madg under se¢Oon 154 of IhatArt Qur respons*Jilry 1$ tc+
oudrt thg finanrial $tstemgnts in a¢wrdan¢?￿th reknvant10981 aTrJ •tatthory wuirern¢nts and
IntomatK)nal stsnd4rds on A￿l￿n9 (UK 0Th1 Im￿nd) Trts￿ sthnd•rds rwuirn u$ to ¢wply
tho Audrting Proclw 808rd Elhbcal Slandardj forAudbty8.
We report to you ¢pinion ￿ lo whelhor th• finar￿1 9Th* a tru• atsj fair and
prepared in accordan￿ wth the Chants88 Act 2011. We to Y¢￿ rf, m ouropinion. the
tiusteos report is not consistsnt with lh& finan¢ial stat•￿ents, rf Ib• c*anty h88 r￿1 kow Kwor
•ccounting record8. rf not rec*i¥eé all the In1¢M￿on aThJ ex￿n￿￿on$ that Yh• requlre for
our audlt, or11 Inlomatv)n 8F4crflwJ by law wardirvj tnAkno8 T￿￿￿￿r¥ban aTrJ tran6aGkn$ wrfh
the tharity Yd nol diKlo•ed.
We read oth•r Infomiatlon ccmt•ined in truth•8' thAd con8iderYht*thtr rt is cM8ithnt
with Ihe 8udited financial 8tatem8nt8. W8 CO￿thr the Inyli￿tionS for our r8PQrt tw)me
•waro of any apparent mo$tstements In rt or mateftal Inconsolenoes lh• finanriol ststsments.
Our ￿SpOnsI￿.11￿s do not OXtoTrJ lo ony 0￿r inlorn•bon.
Ba•18 of audlt oplnlon
We conduet•d our audlt in acairlan￿ wlth Inknational Starthrd• on A￿*￿.￿9 (UK Ir￿and}
issu$d by thè Auditing Practic•$ Board. An a￿sit Indude5 exarninal*)n on a *st bws ol •VKl8nc•
r•lev8nl to th• amounts and disdosur•s in th• finanual 8tal4m•nts. It indud•s •Tr ass•8smnt
of th& significant •$￿'mat&S and judgemonts by Ihtr Irust80s in pr8parabon of th• finawal
8tstements. and ofwhether the accLJunthn9 pol￿ •r• lwropnato to tr* ¢hanty• c4reJJm8t8n(*8.
consl$lently appli￿ and adequatoly disclos•d.
Wè pLAnMd Ar￿ p8rformod tyjr •0 *•to obtawi am the in10m￿ •¥1 wlanabons
consthred nacessary In order to provide us *lh sulf*Aeftt eWden￿ lo re88onablè 8￿rar
thè finanaal r*ports art from Matéri￿ misstai•rnènL ¥thèthw caus•d ty frnwj orothèr irrngulanty
or error. In forniThJ our opinion ￿ also evaIL￿t￿l th8 obvall th]uary ofthe presentation c
infomiation in the finanual 8laterr*nts.
Oplnlon
In our opinM)n the finanri81 staterr¢nts gi￿ ¥ and f•ir vw, in 8¢￿￿nC• wth tho Vnrted
Kingdom Genera￿lY A¢(epted A¢xountin9 prac*￿ of sl* ol Ihe ¢hanlable thirs
as at 5 Aprfl 2022 and of its Inccming resourt•$ and ap￿￿atron of rnsoJrc*s. IndudSNJ rts in(one
and èxpenditure in thè Ihen Or￿d aThl been prepared in aCoYda￿a Ihe Chariii88
Act2011.
WSntor & Co
Chr181ophorWlntsr
cha￿te￿d AccDuntsnts
R8gi8tsfed Auditor
seTr￿ Statuiory Audiior
ChristcpherWiTrt8r
M81bury House
B￿￿?Y Brorn,.
R4 2GB
Page4

ITALIAN MEDICAL CHARITY
Charity Number 218259
STATEMENT OF FINANCIAL ACTMfiES
FOR THE YEAR ENDED Slh APRIL 2022
2022
2021
Notes
INCOME AND EXPENDITURE
Incomlng Resources
Dividends, bonds and other
income
57.731
61.399
Donations
210
Investment Income
Total Incomlng r•8our
57,731
61,609
Ro•ourco• •xpond•d
Charitable eX￿ndItUre
84,185
105,000
Other
Total rn8ourca8 axpended
5&6
9,140
93,325
113.990
Net Incofflelloxpondfture) b•forn Invo•tm•nt
galn81{108898}
{35,594)
152,381)
Net galnslllosses) on inve$trments
123,742
853,422
Not In¢omdlaxp•ndltur•
88,148
801.041
Net movement In funds
88.148
801,041
Total funds unrwtrl¢t¢d brought forword
3,623,474
2,822,433
Total fund8 unre8trlcted carrl•d forward
3711,622
3,623,474
Total recogn18ed galns and10s8os
The statement of finan¢kql a¢tNibes incorporates the Inc¥)me and expeThlrture a¢¢ount.
The ￿SuIts for the year derive from ¢ontinuing athites and there are no other gains or losses other
than those shown ab)ve.
Page 5

Charlty Numbèr218259
STATEMENT OF FINANCIAL POSITIOP4
AS AT Slh APRIL 2022
2022
2021
Flxed Assets
Tangiblè assets
Investments
8.501
3 624.532
3.633,033
3.556.858
Current Ass•ts
Debtors
Cash at Bank and In Hand
10
168.480
168,480
64,233
64.233
Creditors: amounts f811wKJ due ¥lthkn one year
11
3,716
73,792
Ngt curr•nt oMgtsIINabllltlos)
164.T64
(9.559)
Total nat assots or IlabHItI05
3.623,474
Funds
Unrestricted funds
Total CTrority Fund8
2&15
3 623.474
3.623.474
3.721.622
These a¢￿UnIS havo b•on prepared In ac￿ldenCe Iha prDvlthns appllcablg to srnall comp8nles
subje¢l to the small companies r8gwne FRS 102 SORP.
Approved bythe Board ofTru8te85 on .
and 8wJn8d on Its I￿alf by
Arl

ITAUAN ME￿¢AL CHAPJTY
Chofity NuErt*r21
TES TO The FINANUAL STATEMEIITS
FOR THE YEAR ENDED 6th APPJL 2022
1 ACCOUPlnNG POUUÉ$
1 1 Ba*1* of x¢oun¥ng
The fnanaal statemerts hov• been wepared ur*Yerth• Iw51ork41 ccrft C¢D¥er￿
Iiemts reeogn188d at Cost ortran6aLXv)n valu8 uni888 0th8Th*8e 8taknY in
rdevant ntsiÉ$ The finantial State￿ts have I>￿ k¥8par&Y in aco)rdance Aith tr•
$￿tement of Recofflmended Prath￿. ArLwnling and Rewb'rvJ by Charl￿8
8P8rSno Ihdi acctyJnl$ in a¢￿￿arts Fifta￿A Reportry StarKl¥d
8pplitAb￿ UK aThl RepU￿￿(Mire1lTh1 IFRS 102) aTrJ ts Chwiw 2011.
The Chanty cwffjtilthi J Entity asdefirKd ty FRS1(Q.
Due to Ihe of R98•r¥ws the Tn*tw$ arn ofthe OP￿ Ihat tho
•brArt the zb#ty to contirwi.
1.2 FLY•d al Ixmt. ot kn ¢••M bbe
don•ted lo h Ch•r¢ty. •lvalu#kn at fv Iwng ofwiMtsih)n. fovj *u•it
8re ellher or ava44b* lor fix Ghw11ab￿ pwpo￿.
1.3 D¢pr¢rJatiw ￿ provKltd bt ratea tAtrAlI￿ to oll 888•ts 0￿rtr
•slkn•ted useful lfv•s on lo1￿￿￿a ba￿5.
Equlpm8ni. 25% r*r 8Mum on lh8 ¥wliten v4i
Pictur&s. D•pr•d•i¢n fioi provkl8d ￿ th•
furniture as Try￿1￿05 Ihal th• rna￿81 oflhw xswts
•xc••ds th• cost crml•knod In Ih•w •cwts Th• do nol
11 worllMthb• obtsirlr•a A ¥•I￿l￿n ort olc••t ￿ rI￿1￿1•￿ty.
1.4 lrtcne Is accounled for85 frAIvAry.'
81 tlivKler*Js. loan 81oc& 8TrJ olhor
amoL¥)tÈ lor Iho )w.
bl 8Bnk ¢•posil Inlernsl. r•c•N•b* knr INI
the ￿•r
dl Lep8cles •re I￿j￿￿ed In Ihe SOFA re¢•pl ￿ wthblo
Thai pmb•i6 has granted. its 8x8vALM7 have wlabl
Ih•t Ilw• •r¥ fojflldèni kn th• ¢*•M attattsd
lo Ih* leg8Gy •r• •itkn th•rty ￿ havè bban ffl•¢.
1.5 Inv•8tm8rt8 are 8t mwrkfjl ¥¥￿￿. r￿d
1.8 Profits or108888 S•￿$ ovinvestr7￿$ 8rn in¢Wd Stat*rnrl ol Fkn•rKi81
AclNthes as rn*lised or lossts. kny th*ngtr in the Ma￿et olirwestrn*
held al tho Balar￿ $I￿t da¢• knchAod kn Ih• Sia*n•rtol
oairffj or I¢M•••.
1.7 Al exwBtt •r• ac£tyJTrl8d fr¢on bmk.
1.8 Wh•Tr th• th0rlty rAxbJ1kn￿lVT Pw>iwrtb￿￿j a s¥*dk
of medlcal evkyence, su¢h qrnnts ore rprngrl*d SOFAryv
of th81 orant hAs provided Ihat evklen￿.
2 ACCWULATED FUND
3 INVESTMENT INCOME
2022
20
B•nk Irrtwesl R•tyi%*d

rrALIAN MEDICAL CHARITY
Charity Number 218259
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 5th APRIL 2022
2022
2021
4 COSTS OF ACTivrriES IN FURTHERANCE OF
THE CHARrrrs OBJECTS
Grants
84,185
84,185
105,CK)o
105,000
The sums granted to both indN*Yuals and charitable insthb.ons are as fOll￿s..
Recipient
2022
2021
Bavetta
Ciricao
Diaris
Piermarini
Villa Scalabrini
S Finaldi
AC Finchw FC
Lisel
Pro￿tkn.
St Peters Church disabled ttylet
Women @ the Well
2.000
1,500
5,000
585
60.000
2.000
2.100
1.000
70,000
5,000
30,000
10.000
84,185
105000
S OTHER COSTS
Governan¢e
Adminislrabon fees
Audit (note 131
Computer costs
Bank charges
Depre(aation
2022
2021
7.200
1.740
7,200
1.740
15
42
9.140
8.990
Page 8

ITALIAN MEDICAL CHARrrY
Charity Numbgr 218259
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5th APRIL 2022
6 TRUSTEES EXPENSES
The Trustees received £nil12021 £nill by way of expenses during the year.
The Trustees did not receive any remuneratK)n or receNed any benefit in the
year. Nor did they in the previous year.
7 NET GAINS LOSSES ON INvESTME￿rs
2022
2021
Gainslllossesl on investments disFosed in the year
Gainslllossesl on revaluation of investments
Investment management (costs)
145.428
4.619
{26,305)
89,089
782,742
118,4091
123,742
853,422
8 TANGIBLE FIXED ASSErs
Plcture•
Equlpmont
Tot•1
Cost or valuation
As al 6th April 2021
8.500
1,674
10,174
As at 5th April 2022
8,51)0
1,674
10,174
Accumulated depreuation and 1mpainr￿nts
At 6th April 2021
Depreciation
Al 5th April 2022
1.673
1,673
1,674
1,674
Net book values
Al 5th April 2022
Nel book values
At 5th April 2021
8,500
8,500
8,500
8.501
Page 9

ITAUAN MEDICAL CHARITY
Charity Numbér 218259
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED Sth APRIL 2022
Invosts¢
Combin
Fund
Charfo8 Stanl•y
Fund
9 INVESTMENT ASSETS
Total
Quoted investments
Carying value al 6th April 2021
847,471
2,777.C61
3,624,532
Less..
Disposals at Ca￿Ing value
1273.707)
1767,3131
11.041,0201
Addrttons lo Investmw
215,182
638,973
854,155
Net Ilosses)Igains on
revaluation al 5th Apdl 2022
27,799
82.892
110.891
Carrying value at 5th April 2022
816,745
2731.613
3 548.358
H¢gtorical cost of Investrnents at 5th Wil 2022
692.744
2 265,869
2 958.613
Historical cost of irwestments at 5th Apn'l 2021
693,891
2 345,515
3 039 406
Analy8rJ of investments at
5th April 2022 betr•een funds
UK Equitie¥ & Funds
Overseas EquitK•$ & Funds
UK Fixed and variable intefe8t
Overseas Fixed interest
Property
Allematsv• 858ets
Total
43,989
544,639
101,$84
52.$94
22.639
51.31)0
816,745
725,437
1,374,616
89,397
100,189
101,675
340.319
2731,613
789,426
1,919,255
190,981
152,763
124,314
391.619
3 548,358
All dlvidfjnds, loan stock and other Invos¢rrwrt Incorrv4 r￿Vable relates to investments
listed on a re¢ogni$ed stock ex¢harwJe. The investments art all held to make a retum
for the charity
10 CASH AT BANKAND IN HAND
2022
2021
Investec Cash Deposts
Chartes Stanley Cash Deposits
HS8C 8ank Accounts
84,292
86,605
17,583
168,480
48,507
9,818
5,908
64,233
Pa6e 10

ITALIAN MEDICAL CHARITY
Charity Number 218259
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5th APRIL 2022
11 CREDITORS AND ACCRUALS
2022
2021
Accruals
Grants payablo
3,716
10,000
3,716
3.792
70.000
73,792
12 CONTINGENT LIABILITIES
The Trustees con&der the Charity not to have any conbng8nt liabilibes.
13 AUDITORS. REIAUNERATION
The fees charged for audil services amounted to £1.740 (2021 - £1,740). Amounts
charged in the year were paid in the foliwng year.
14 RELATED PAR￿ TRANSACTIONS
There have been no reL3ted paty transxtions in the rep)itng period that require dlsclosure.
15 STATEMENT OF MOVEMENT ON STATEMENT OF FINANCIAL ACTIVITIES
Statement 01
Financlal
Adlvltle*
Balance at 6 April 2021
Rètained {deficitysurplus for the year
3,623,474
88,148
Balance at 5 April 2022
3.711,622
Page 11