2021-12-31-accounts

Trustees		Mr N C Ratiu
		Mrs I M G Ratiu
		Mr I S P Ratiu
		Mrs M C I C Willis
		Dr D Dan
		Mr R Pollitzer
		Mr P M Harrap
Charity number		278286
Principal address		18 Fitzhardinge	Street
		London, W1H 6EQ
Independent	examiner	Yashlal P Hindocha,		BA, FCA
		Hindocha & Co	Limited
		Chartered Accountants			and Statutory Auditors
		34 Queensbury	Station		Parade
		Ed g ware
		Middlesex
		HA8 5NN

				Page
Trustees'	report			1-4
Independent examiner's			report
Statement	of financial	activities
Balance sheet
Notes to	the accounts			8-18

		Unrestricted	Restricted	Total	Total
	Notes	funds f	funds f	2021f	2020 f
Donations and legacies Investment income		351,000 7,963		351,000 7,963	330,000 552
Other income		101		101	106
Total income		359,064		359,064	330,658
gZg~ndi ttfg on: Raising funds		2,769		2,769	3,108
Charitable activities	7&8	338,693		338,693	313,579
Total resources expended		341,462		341,462	316,687
Net income for the yeari Net movement in funds		17,602		17,602	13,971
Fund balances at 1 January 2021		199,079	634	199,713	185,742
Fund balances at 31 December 2021		216,681	634	217,315	199,713

					2021		2020
				Notes			f.
Fixed assets
Tangible assets				12		86,416		ee,«e
Heritage assets				13		626,503		626,503
Investments				14		1,200		1,200
						714,119		714,119
Current assets
Debtors				15	27,160		30,613
Cash at bank and		in	hand		2,590		2,769
					29,750		33,382
Creditors: one year	amounts		falling due within	16	(7,370)		(2,725)
Net current	assets					22,380		30,657
Total assets less		current liabilities				736,499		744,776
Creditors: more than	amounts one year		falling due after	17		(519,184)		(545,063)
Net assets						217,315		199,713
Income funds
Restricted	funds					634		634
Unrestricted	funds					216,681		199,079
						217,315		199,713

4	Investment	income
					Unrestricted	Unrestricted
					funds	funds
					2021	2020
	Rental income				7,951	552
	Interest receivable				12
					7,963	552
5	Other income
					Unrestricted	Unrestricted
					funds	funds
					2021	2020
					f
	Other income				101	106
6	Raising funds
					Unrestricted	Unrestricted
					funds	funds
					2021	2020
						6
	raisin	and	'ci
	Costs ofgenerating		donations	and legacies	2,769	3,108
					2,769	3,108

						Donations	Donations
						paid and	paid and
						related	related
						costs	costs
						2021f	2020 f
Grant funding		ofactivities (see note 8)				136,621	130,961
Share of	governance		costs	(see note 9)		202,072	182,618
						338,693	313,579
Grants payable
						Donations	Donations
						paid and	paid and
						related	related costs
						costs
						2021	2020
						f	f
Grants to	institutions:
Advancement		ofeducation		of public		34,015	28,047
Relief of poverty						7,897	13,104
Promotion	and	furtherance		ofeducation	&research	34,820	27,791
						76,732	68,942
Grants to	individuals					59,889	62,019
						136,621	130,961

9	Supportcosts	Supportcosts
			Support	Governance	2021	Support	Governance	2020
			costs	costs		costs	costs
			f	6		f	6
	Operating	lease charges		90,194	90,194		90,188	90,188
	Exchange	Losses/
	(gains)			205	205		(2,009)	(2,009)
	Accountancy			2,160	2,160		2,160	2,160
	Legal and	professional		19,854	19,854		19,987	19,987
	Rumanian	property
	expenses
				60,381	60,381		47,947	47,947
	Insurance			423	423		1,065	1,065
	Light and	heat		5,103	5,103		5,345	5,345
	Travelling	expenses		14,150	14,150		11,605	11,605
	Sundry expenses			9,602	9,602		6,330	6,330
				202,072	202,072		182,618	182,618
	Analysed	between
	Charitable	activities		202,072	202,072		182,618	182,618

2021	2020
Number	Number

Cost
At 1 January 2021	86,416
At 31 December 2021	86,416
Carrying amount
At 31 December 2021	86,416
At 31 December 2020	86,416

Fixed asset investments
	Paintings f
Cost or valuation
At 1 January 2021 &31 December 2021	1,200
Carrying amount
At 31 December 2021	1,200
At 31 December 2020	1,200

Debtors
		2021	2020
Amounts falling due within one year:		f
Other debtors		3,261	6,381
Prepayments	and accrued income	23,899	24,232
		27,160	30,613

16	Creditors: amounts	falling due	within	one year
								2021	2020
								f	F
	Other creditors							2,694
	Accruals and deferred	income						4,676	2,725
								7,370	2,725
17	Creditors: amounts	falling due	after more than		one	year
								2021 8	2020f
	Other creditors							519,184	545,063
18	Analysis ofnet assets between		funds
		Unrestricted		Restricted		Total	Unrestricted	Restricted	Total
			funds	funds			funds	funds
			2021	2021		2021	2020	2020	2020
			f		6	6	f	f	f
	Fund balances at 31
	December 2021 are
	represented by:
	Tangible assets	86,416				86,416	86,416		86,416
	Heritage assets	626,503				626,503	626,503		626,503
	Investments		1,200			1,200	1,200		1,200
	Current assets/
	(liabilities)	21,746		634		22,380	30,023	634	30,657
	Long term liabilities	(519,184)				(519,184)	(545,063)		(545,063)
		216,681		634		217,315	199,079	634	199,713