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|Trustees||Mr N C Ratiu||||||
|---|---|---|---|---|---|---|---|
|||Mrs<br>I M G Ratiu||||||
|||Mr<br>I SP Ratiu||||||
|||Mrs M C<br>I C Willis||||||
|||Dr D Dan||||||
|||Mr R Pollitzer||||||
|||Mr P M Harrap||||||
|||Mr A Ratiu||||(Appointed|14October|
|||||||2022)||
|Charity number||278286||||||
|Principal address||18Fitzhardinge|Street|||||
|||London, W1H 6EQ||||||
|Independent|examiner|Yashlal P Hindocha,||BA, FCA||||
|||Hindocha<br>&Co|Limited|||||
|||Chartered<br>Accountants|||and Statutory|Auditors||
|||34 Queensbury|Station||Parade|||
|||Edgware||||||
|||Middlesex||||||
|||HA8 5NN||||||





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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
||Notes|funds<br>f.|funds<br>8|2022|2021f|
|Donations<br>and legacies||876,568||876,568|351,000|
|Investment<br>income||25,552||25,552|7,963|
|Other income||191||191|101|
|Total income||902,311||902,311|359,064|
|Raising funds||9,088||9,088|2,769|
|Charitable<br>activities|7 8c 8|501,735||501,735|338,693|
|Total resources expended||510,823||510,823|341,462|
|Net income for the year/||||||
|Net movement<br>In funds||391,488||391,488|17,602|
|Fund balances<br>at 1 January 2022||216,681|634|217,315|199,713|
|Fund balances at 31 December 2022||608,169|634|608,803|217,315|





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|||Notes|2022<br>f||2021<br>f||
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||12||495,840||86,416|
|Heritage assets||13||626,503||626,503|
|investments||14||1,200||1,200|
|||||1,123,543||714,119|
|Current assets|||||||
|Debtors||15|44,044||27,160||
|Cash at bank and in|hand||2,911||2,590||
||||46,955||29,750||
|Creditors: amounts|falling due within|16|||||
|one year|||(3,400)||(7,370)||
|Net current assets||||43,555||22,380|
|Total assets less current liabilities||||1,167,098||736,499|
|Creditors: amounts|faglng due ager|17|||||
|more than one year||||(558,295)||(519,184)|
|Net assets||||608,803||217,315|
|Income funds|||||||
|Restricted funds||||634||634|
|Unrestricted<br>funds||||608,169||216,681|
|||||608,803||217,315|





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||Rental income||||25,552|7,951|
||Interest receivable|||||12|
||||||25,552|7,963|
|5|Other income||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2022|2021|
||||||6|f|
||Other income||||191|101|
|6|Raising funds||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2022|2021|
||||||6|f|
||in|an|||||
||Costs of generating||donations|and legacies|9,088|2,769|
||||||9,088|2,769|





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|||||Donations|Donations|
|---|---|---|---|---|---|
|||||paid and|paid and|
|||||related|related|
|||||costs|cos'ts|
|||||2022|2021|
|||||6|6|
|Grant|funding|ofactivities (see note 8)||259,664|136,621|
|Share|ofgovernance||costs (see note 9)|242,071|202,072|
|||||501,735|338,693|



||||||Donations|Donations|
|---|---|---|---|---|---|---|
||||||paid and|paid and|
||||||related costs related costs||
||||||2022|2021|
||||||6|5|
|Grants to|institutions:||||||
|Advancement||ofeducation|of public||66,410|34,015|
|Relief of poverty|||||22,511|7,897|
|Promotion|and|furtherance|ofeducation|& research|66,410|34,820|
||||||155,331|76,732|
|Grants to|individuals||||104,333|59,889|
||||||259,664|136,621|





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|Support|costs|||||
|---|---|---|---|---|---|
|||Support|Governance|2022|2021|
|||costs|cos'ts|||
|||E|E|||
|Operating|lease charges||88,466|88,466|90,194|
|Exchange|Losses||977|977|205|
|Accountancy|||2,640|2,640|2,160|
|Legal and|professional||20,514|20,514|19,854|
|Romanian|property expenses||72,358|72,358|60,381|
|Insurance|||411|411|423|
|Light and|heat||8,544|8,544|5,103|
|Travelling|expenses||29,064|29,064|14,150|
|Sundry expenses|||19,097|19,097|9,602|
||||242,071|242,071|202,072|
|Analysed|between|||||
|Charitable|activities||242,071|242,071|202,072|



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|2022|2021|
|---|---|
|Number|Number|





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|Tangible fixed assets||||
|---|---|---|---|
||Freehold|Equipment|Total|
||property|||
||E|||
|Cost||||
|At 1 January 2022<br>Additions|86,416<br>34,424|375,000|86,416<br>409,424|
|At 31 December 2022|120,840|375,000|495,840|
|Carrying<br>amount<br>At 31 December 2022|120,840|375,000|495,840|
|At 31 December 2021|86,416||86,416|



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|Fixed asset investments||
|---|---|
||Paintingsf|
|Cost or valuation||
|At 1 January<br>2022 8 31 December 2022|1,200|
|Carrying<br>amount<br>At 31 December 2022|1,200|
|At 31 December 2021|1,200|





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|15|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||Amounts<br>falling due|within one|year:|||||f|E|
||Other debtors|||||||7,929|3,261|
||Prepaymsnts<br>and accrued income|||||||36,115|23,899|
|||||||||44,044|27,160|
|16|Creditors: amounts|falling due|within one year|||||||
|||||||||2022f|2021<br>E|
||Other creditors|||||||1,000|2,694|
||Accruals and deferred|income||||||2,400|4,676|
|||||||||3,400|7,370|
|17|Creditors: amounts|falling due|after more than||one year|||||
|||||||||2022f|2021<br>f|
||Other creditors|||||||558,295|519,184|
|18|Analysis ofnet assets between<br>funds<br>Unrestricted|||Restricted||Total Unrestricted||Restricted|Total|
||||funds|funds|||funds|funds||
||||2022<br>f||2022<br>f|2022<br>E|2021<br>E|2021<br>E|2021<br>f|
||Fund balances at 31|||||||||
||December 2022 are|||||||||
||represented<br>by:<br>Tangible assets<br>Heritage assets<br>Investments|495,840<br>626,503<br>1,200||||495,840<br>626,503<br>1,200|86,416<br>626,503<br>1,200||86,416<br>626,503<br>1,200|
||Current<br>assets/(liabgities)||42,921||634|43,555|21,746|634|22,380|
||Long term liabilities|(558,295)||||(558,295)|(519,184)||(519,184)|
|||608,169|||634|608803|216,681|634|217,315|





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