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|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||||
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|||||Page|
|---|---|---|---|---|
|Trustees'|report|||1-4|
|Independent
examiner's|||report||
|Statement|of financial|activities|||
|Balance sheet|||||
|Notes to|the accounts|||8-18|
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|||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|
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||||||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|
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|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|
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|||||||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|
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|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|
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|2021|2020|
|---|---|
|Number|Number|
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|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|
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|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|
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|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|
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|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|
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