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|**Trustees**|Marcin Kalinowski|
|---|---|
||Monika Kobylec|
||Richard Wojciech Tobiasiewicz|
||Tomasz Szpringer|
||Wiktor Moszczynski|
||WlodzimierzAnthony Christopher Mier-|
||Jedrzejowicz|
||Janusz Wajda|
||Malgorzata Nyga|
||Zaneta Brudzinska|
|**Secretary**|Wlodzimierz Mier - Jedrzejowicz|
|**Charity number**|236745|
|**Company number**|00816310|
|**Registered office**|238-246 King Street|
||Hammersmith|
||London|
||W60RF|
|**Auditor**|Richard Place Dobson Services Limited|
||1-7 Station Road|
||Crawley|
||West Sussex|
||RHIOIHT|
|**Solicitors**|Bates Wells|
||10Queen Street Place|
||London|
||EC4R IBE|





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||**Page**|
|---|---|
|Trustees report|**1**-8|
|StatementofTrustees report responsibilities|9|
|Independent auditor's report|10- 12|
|Statementoffinancial activities|13- 14|
|Balance sheet|15|
|Statementofcash flows|16|
|Notes to the financial statements|17 - 28|





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|Barbara Bakst|Resigned 7 April 2024|
|---|---|
|Damian Kazimierz Barczyk|Resigned19November 2024|
|Dr Marek Conrad Laskiewicz|Resigned 9 November 2024|
|Elwira Olbrich|Resigned13June 2024|
|Jan Dariusz Wurszt|Resigned19November 2024|
|Janusz Wajda|Resigned I May 2024 and Appointed19November 2024|
|Jaroslaw Klys|Resigned 30 September 2024|
|Malgorzata Nyga|Resigned18June 2024 and Appointed I 9 November 2024|
|Marcin Slawomir Kalinowski|Resigned17June 2024 and Appointed 9 November 2024|
|Marek Jakubowski|Resigned 7 April 2024|
|Mariusz Wozniak|Resigned19November 2024|
|Monika Kobylec|Appointed19November 2024|
|Richard Zoltaniecki|Appointed I October 2024 and Resigned 9 November 2024|
|Richard Wojciech Tobiasiewicz|Appointed19November 2024|
|Ryszard Zoltaniecki|Resigned 9 November 2024|
|Sylwia Kosiec|Resigned19November 2024|
|Tomasz Lech Kliszewski|Resigned19November 2024|
|Tomasz Szpringer|Appointed19November 2024|
|Wiktor Moszczynski|Appointed19November 2024|
|Wlodzimierz Anthony Christopher Mier-Jedrzejowicz|Appointed19November 2024|
|Zaneta Brudzinska|Resigned 4April 2024 and Appointed19November 2024|
|IwonaAgata Zaluska|Resigned 4 April 2024|



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## **POLISH SOCIALAND CULTURALASSOCIATION** 

## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF POLISH SOCIAL AND CULTURAL ASSOCIATION** 

## **Use of our report** 

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body. for our audit work for this report. or for the opinions we have formed. 


**Darren Harding (Senior Statutory Auditor)                                                          27/05/2025 Richard Place Dobson Services Limited** 

**Chartered Accountants Statutory Auditor** 

Ground Floor 1 - 7 Station Road Crawley West Sussex RHI0 lHT 

Richard Place Dobson is eligible for a ointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 

page 12 



## 

## 

## 

|**Current financial year**<br>**Unrestricted**<br>**funds**<br>**general**<br>**2024**<br>**Notes**<br>£<br>**Income from:**<br>Donations and legacies<br>3<br>313,668<br>Charitable activities<br>**4**<br>696,285<br>Investments<br>5<br>327,789<br>**Total income**<br>1,337,742<br>**Expenditure on:**<br>Charitable activities<br>6<br>1.438,934<br>**Total expenditure**<br>l.438,934<br>**Net expenditure**<br>(101,192)<br>**Other recognised gains and**<br>**losses:**<br>Other gains/(losses)<br>**12**<br>(16,449)<br>**Net movementinfunds**<br>**8**<br>(Il7,641)<br>**Reconciliationoffunds:**<br>Fund balances at 1 January 2024<br>2,316,434<br>**Fund balancesat31 December 2024**<br>2,198,793|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2024**<br>£|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2024**<br>£|**Restricted**<br>**funds**<br>**2024**<br>£<br>215,176||**Total**<br>**2024**<br>£<br>528,844<br>696,285<br>327,789|**Total**<br>**2023**<br>£<br>3Il,135<br>719,836<br>235,388<br>1,266,359<br>1.922,293<br>1,922,293<br>(655,934)<br>1,983<br>(653,951)<br>10,650,945<br>9,996,994|
|---|---|---|---|---|---|---|
|||7,680,560<br>7,680,560|215.176<br>215.176<br>215.176||1,552,918<br>1.654,110||
||||||1.654,110<br>(IOI, I 92)<br>(16,449)<br>(II7,641)<br>9,996,994<br>9,879,353||





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## 

|**Prior financialyear**<br>**Unrestricted**<br>**funds**<br>**general**<br>**2023**<br>**Notes**<br>£<br>**Income from:**<br>Donations and legacies<br>3<br>lll,026<br>Charitable activities<br>**4**<br>719.836<br>Investments<br>5<br>235,388<br>**Total income**<br>1,066,250<br>**Expenditure on:**<br>Charitable activities<br>6<br>1,703.823<br>**Total expenditure**<br>1,703,823<br>**Net income**<br>(637.573)<br>Transfers between funds<br>(560)<br>**Other recognised gains and losses:**<br>Other gains<br>**12**<br>1,983<br>**Net movementinfunds**<br>**8**<br>(636.150)<br>**Reconciliationoffunds:**<br>Fund balances at I January 2023<br>2,952,584<br>**Fund balancesat31 December 2023**<br>2,316,434|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2023**<br>£|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2023**<br>£|**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2023**<br>£|**Restricted**<br>**funds**<br>**2023**<br>£<br>200,109||**Total**<br>**2023**<br>£<br>311,135<br>719,836<br>235,388<br>1,266,359<br>1,922,293<br>1,922,293<br>(655.934)<br>1,983<br>(653,951)<br>10,650,945<br>9,996,994|
|---|---|---|---|---|---|---|
|||||200,109<br>218.470|||
|||||218,470<br>(18,361)<br>(18,361)<br>18,361|||
||||||||
||||||||
||||||||





## 

|**2024**<br>Notes<br>£<br>Fixedassets<br>Tangible assets<br>**13**<br>Investment property<br>**15**<br>Investments<br>**16**<br>Currentassets<br>Debtors<br>**17**<br>227,886<br>Cash at bank and in hand<br>1,590,802<br>1,818,688<br>Creditors: amounts falling due within one<br>**18**<br>year<br>(167,635)<br>Netcurrentassets<br>Totalassets lesscurrentliabilities<br>Thefundsofthecharity<br>Unrestricted funds - general<br>Unrestricted funds~Designated funds<br>**21**||£<br>2,617,133<br>5,550,000<br>61,167<br>8,228,300<br>1,651,053<br>9,879,353<br>2,198,793<br>7,680,560<br>9,879,353|**2023**<br>£<br>217,980<br>1,945,529<br>2,163,509<br>(135,957)|£<br>2,369,965<br>5,550,000<br>49,477<br>7,969,442<br>2,027,552<br>9,996,994<br>2,316,434<br>7,680,560<br>9,996,994|
|---|---|---|---|---|
||||||






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## 

|**Cash flows from operating activities**<br>Cash absorbed by operations<br>**Investing activities**<br>Purchaseoftangible fixed assets<br>Proceeds from disposaloftangible fixed assets<br>Proceeds from disposal of investments<br>Investment income received<br>**Net cash generated from investing activities**<br>**Net cash used in financing activities**<br>**Netdecrease in cash and cash equivalents**<br>Cash and cash equivalentsatbeginningofyear<br>**Cash and cash equivalents at endofyear**<br>**Notes**<br>**24**|**2024**<br>£<br>(280,636)<br>(5.906)<br>(11,690)<br>327,789|£<br>(384.284)<br>29.557<br>(354,727)<br>1,945,529<br>1,590,802|**2023**<br>£<br>(11,037)<br>235.388|£<br>(850,746)<br>224,351<br>(626,395)<br>2,571,924<br>1,945,529|
|---|---|---|---|---|





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||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|
||**funds**|**funds**||**funds**|**funds**||
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||£|£|£|£|£|£|
|Donations and gifts|313,668||313,668|111,026||111,026|
|Grants||215,176|215,176||200,109|200,109|
||313,668|215,176|528,844|II 1,026|200,109|311,135|
||||---|---|---|---|
|**Grants**|||||||
|MKiDN library grant||215,176|215,176||200,109|200,109|
|||215,176|215,176||200,109|200,109|
||---|---|---|---|---|---|



## 

||**Charitable**|**Facilities,**|**Total**|**Charitable**|**Facilities,**|**Total**|
|---|---|---|---|---|---|---|
||**rental income**|**Arts Centre,**||**rental income**|**Arts Centre,**||
|||**Theatre and**|||**Theatre and**||
|||**Jazz Cafe**|||**Jazz Cafe**||
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||£|£|£|£|£|£|
|Saleofgoods|485,628|210,657|696,285|556,686|163,150|719,836|
||---||||||
||||---|---|---|---|
|**Analysis by fund**|||||||
|Unrestricted funds - general|485,628|210,657|696,285|556,686|163,150|719,836|
||---|---|---|---|---|---|



||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||£|£|
|Rental income|234,225|193,142|
|Otherincome|93,564|42,246|
||327,789|235,388|
|||---|





## 

## 

## 

|Direct costs<br>Staff costs<br>Depreciation and impairment<br>Donation to POSK Foundation<br>Grants payable<br>Legal and professional<br>Printing, postage. and stationary<br>CostofJazzCafeevents<br>Otherexpenses<br>Rates<br>Speakers and performers' fees and expenses<br>Repairs, renewals and property maintenance<br>Insurance<br>Advertising<br>Cleaning<br>Maintenance<br>Heat & light<br>Shareofsupportandgovernance costs (see note7)<br>Support<br>Governance<br>Analysisbyfund<br>Unrestricted funds - general<br>Restricted funds<br>Supportcosts allocated to activities<br>Staff costs<br>Accountancy<br>Governancecosts<br>Analysed between:<br>Charitable expenditure|Charitable<br>expenditure<br>**2024**<br>£<br>476,754<br>39,374<br>17,808<br>41,429<br>36,852<br>43,860<br>172,794<br>71,594<br>111,665<br>66,342<br>54,628<br>55,655<br>94,747<br>147,996<br>120,660<br>1,552,158<br>92,702<br>9.250<br>1,654,110<br>1.438,934<br>215,176|Charitable<br>expenditure<br>**2024**<br>£<br>476,754<br>39,374<br>17,808<br>41,429<br>36,852<br>43,860<br>172,794<br>71,594<br>111,665<br>66,342<br>54,628<br>55,655<br>94,747<br>147,996<br>120,660<br>1,552,158<br>92,702<br>9.250<br>1,654,110<br>1.438,934<br>215,176||Charitable<br>expenditure<br>**2023**<br>£<br>453,749<br>27,343<br>500,000<br>24,168<br>35,024<br>18,608<br>36,865<br>121,817<br>40,890<br>79,611<br>59,706<br>56,424<br>68,333<br>88,910<br>96,042<br>113,826<br>1,821,316<br>92,227<br>8,750<br>1,922,293<br>1.703,823<br>218,470<br>1,922,293<br>**2023**<br>£<br>74,328<br>17,899<br>8,750<br>100,977<br>100,977|
|---|---|---|---|---|
||||||
|||1,654,110<br>**2024**<br>£<br>77,611<br>15.091<br>9,250<br>101,952<br>101,952|||
||||||



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|**8**|Net movementinfunds|2024|**2023**|
|---|---|---|---|
|||£|£|
||The net movement in fundsisstated after charging/( crediting):|||
||Fees payable for the auditofthe charity's financial statements|9,250|8,750|
||Depreciationofowned tangible fixed assets|39,374|27,343|



## 

## 

||**2024**|**2023**|
|---|---|---|
||Number|Number|
|House|10|10|
|Library|6|6|
|Part Time|4|5|
|Total|20|21|
||---|---|
|Employment costs|**2024**|**2023**|
||£|£|
|Wages and salaries|501,738|479,221|
|Social security costs|42,713|39,485|
|Other pension costs|9,914|9,371|
||554,365|528,077|
||---||



## 

## 

|Othergainsorlosses|||
|---|---|---|
||Unrestricted|Unrestricted|
||**funds**|**funds**|
||general|general|
||**2024**|**2023**|
||£|£|
|Foreign exchange gains/(losses)|(16,449)|1,983|
||---|---|





## 

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## 

|**Cost**<br>At**1**January 2024<br>Additions<br>At3 1 December 2024<br>**Depreciation and impairment**<br>At1 January 2024<br>Depreciation charged in the year<br>Eliminated in respectofdisposals<br>At31December 2024<br>**Carrying amount**<br>At31December 2024<br>At 3 1 December 2023|**Freehold land**<br>**and buildings**<br>£<br>3.240,430<br>145,847<br>3.386,277<br>1.109,870<br>(5.906)<br>1.103,964<br>2.282,313|**Freehold land**<br>**and buildings**<br>£<br>3.240,430<br>145,847<br>3.386,277<br>1.109,870<br>(5.906)<br>1.103,964<br>2.282,313||**Plant and**<br>**equipment**<br>£<br>100.734<br>134,789|**Fixtures and**<br>**fittings**<br>£<br>897.247|**Fixtures and**<br>**fittings**<br>£<br>897.247|<br> <br> <br>|**Total**<br>£<br>4,238,411<br>280,636<br>4,519,047<br>1.868,446<br>39,374<br>(5,906)<br>1,901,914<br>2,617,133<br>2.369,965|
|---|---|---|---|---|---|---|---|---|
|||||235,523<br>86,329<br>16,874<br>103,203<br>132,320<br>14,405||897,247|||
|||||||672.247<br>22,500|<br>||
|||||||694,747|<br> <br>||
|||||||202,500|||
|||2.130,560||||225.000|||



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## 

||**Listed**|
|---|---|
||**investments**|
||£|
|**Cost or valuation**||
|At I January 2024 & 3 I December 2024|49,477|
|**Carrying amount**||
|At 3 I December 2024|49,477|
|At31December 2023|49,477|



## 

||**2024**|**2023**|
|---|---|---|
|**Amounts falling due within one year:**|£|£|
|Trade debtors|117,888|II1,278|
|Other debtors|70,156|49,184|
|Prepayments and accrued income|39,842|57,518|
||227,886|217,980|
|||---|
|**Creditors: amounts falling due within one year**|||
||**2024**|**2023**|
||£|£|
|Other taxation and social security|10,114|30,325|
|Trade creditors|47,614|31,114|
|Other creditors|72,193|33,972|
|Accruals and deferred income|37,714|40,546|
||167,635|135,957|
||---|---|





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|**19**|**Retirement benefit schemes**|||
|---|---|---|---|
|||**2024**|**2023**|
||**Defined contribution schemes**|£|£|
||Chargetoprofit or lossinrespectofdefined contribution schemes|9,914|9,371|



## 

||**At 1 January**|**Incoming**|**ResourcesAt31December**|**ResourcesAt31December**|
|---|---|---|---|---|
||**2024**|**resources**|**expended**|**2024**|
||£|£|£|£|
|Library Grants/donations||215,176|(215,176)||
||---|---|---||
|**Previous year:**|**At 1 January**|**Incoming**|**ResourcesAt31December**||
||**2023**|**resources**|**expended**|**2023**|
||£|£|£|£|
|Library Grants/donations||200,109|(200,109)||
|Restricted library legacy|18.36]||(18,361)||
||18.361|200,109|(218,470)||
||---|---|---|---|





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## 

|Land & Buildings Fund<br>Investment Property Fund<br>**Previous year:**<br>**At**<br>**At**|**1 January**<br>**2024**<br>£<br>2,130.560<br>5,550,000<br>7,680,560<br>**1 January**<br>**2023**<br>£<br>7,680.000|**TransfersAt 31**<br>£<br>**TransfersAt 31**<br>£<br>560|**December**<br>**2024**<br>£<br>2,130,560<br>5,550,000<br>7,680,560<br>**December**<br>**2023**<br>£<br>7,680,560|
|---|---|---|---|



## 

|**Unrestricted**<br>**funds**<br>**general**<br>**2024**<br>£<br>**At31 December 2024:**<br>Tangible assets<br>486.573<br>Investment properties<br>Investments<br>61,167<br>Current assets/(liabilities)<br>1,651,053<br>2,198.793<br>**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2024**<br>£<br>2.130,560<br>5,550,000<br>7.680,560|**Total**<br>**2024**<br>£<br>2.617,133<br>5,550,000<br>61,167<br>1,651,053<br>9.879,353|
|---|---|





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|**At31December 2023:**<br>Tangible assets<br>Investment properties<br>Investments<br>Current assets/(liabilities)<br>**Unrestricted**<br>**funds**<br>**general**<br>**2023**<br>£<br>239,405<br>49,477<br>2,027,552<br>2,316,434<br>**Unrestricted**<br>**funds**<br>**Designated**<br>**funds**<br>**2023**<br>£<br>2,130,560<br>5,550,000<br>7,680,560|**Total**<br>**2023**<br>£<br>2,369,965<br>5,550,000<br>49,477<br>2,027,552<br>9,996,994|
|---|---|



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## 

|**24**|**Cash absorbed by operations**|**2024**|**2023**|
|---|---|---|---|
|||£|£|
||Deficit for the year|(101,192)|(655,934)|
||**Adjustments for:**|||
||Investment income recognised in statementoffinancial activities|(327,789)|(235,388)|
||Foreign exchange differences|(16,449)|1,983|
||Depreciation and impairmentoftangible fixed assets|39,374|27,343|
||**Movementsinworking capital:**|||
||(Increase) in debtors|(9,906)|(I ,653)|
||Increase in creditors|31,678|12,903|
||**Cash absorbedbyoperations**|(384,284)|(850,746)|
||||---|
|**25**|**Analysisofchanges in net funds**|||
||The charity had no material debt during the year.|||
|**26**|**Non-audit services provided by auditor**|||