Charfty Rogl¥tratlon No. 284461
THE MEDICALAID FOR POLAND FUND
ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE MEDICALAID FOR POLAND FUND
LEGAL AND ADMINISTRATIVE INFORMATION
Patrons
The Baroness Cox
The Rl. Rev. Davkl Congtanl, Bl8hop of Leed$
The Lord Nlcholas Windsor
OAclec Leon Knabil OSB
K￿YS￿ofz9nussl
$ts08
Dr. BozeTra Lask(￿lcz, D.L.. D.C.S.S,, F.R.C.S. (Chairl
Imia Pietron. BA.{Hons). B.Ed.
Anna Bentkowska-Kafel Ph. D.
Executfvg committeo
J8n W. Ledochowskl, M.K (Econl (Cantsb)
Anna Benlkowska.Kafel, Ph.D.
Andrzei Cz8mlalew
Krystyna Wilklnson
Fund ralslng c(#nmitto0
Hanna Groszek
Irenka Pohvorowska
Marla Jaczynska, NDD {sculpL>, ATC
Ur8zula Jaro8Z
Basla Zarzycka
algorzala Woj8wodzka
Chaiity numbor
284461
PrfndpAI &ddro8$
POSK
23&246 Klng Street
London
ORF
Indopondont oxamln8r
Kend8i1 Wadlgy LLP
Granta Lodge
71 Graham Road
Malvem
Worcestwshlrv
WR14 IIS
Bank•r8
HSBC
P.0. Box 260
46 The Broackny
Eaflng
London
W5 &JZ
citl Hand
ul. Senator8k8 16
Cil.923 Warszawa

THE MEDICALAID FOR POLAND FUND
CONTENTS
Pago
Tru8te8s' report
Statement of Iwsteeg responslblThllgS
Indepond8nt examinerfs report
St81emenl of finsnct81 actmlies
Balanc* 8h06t
Notes to the aco)unts
8-15
Statement of tpvenue and expendNure
16

THE MEDICALAID FOR POLAND FUND
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Irust8es pr88enl Ihelr report and acoounls for Ihg year ended 31 D￿mber 2023.
The fin8nd81 slalements have been p￿pared In ac(¥)rdance with the accounting pollcyes set out In nol8 1 to the
flnanclal 8talemtrnl and CoM￿Y wllh the Charit￿S Trust Oeed, the Charities A¢t 2011 and "Accounting and
Reporling by Charlties.. Slalement of Recommended Practice applicable to charftiès preparsng their'acLounts
ccordance with the Flnaneial Reportiiig Standayd appltcablo in the UK and R8public of Iroland IFRS 102)
Secllon 1 A (offg¢llvg 1 January 2019).
Objectlves and aGtlvlile8
Tha charills obje￿iveS continued lo be that of pyovldlng ald to poople In Poland who are in ￿n￿tIonS of need,
hardshlp or d181ress or￿0 8re SI￿ and In need of med￿1 aid.
Th& Trustees confirm IhAI they have complled ￿th the diity In sedon 17 of Ihe Charttfes Act 201110 hav8 duo
regard to the Ch8rlly Commisslon's g￿er31 guldanc8 on public benefiL'Charrt￿ 8nd Public Bonefiv.
Dtwlny tha year the chBrity carrted on the objectwes as ¥tsted above, In provkllng aid to ￿0P18 kn Poland. The
charitls oblectlves contlnu& lo be achlevgd.
A¢hl•vom?nts and porfomwnc
Flnandal r•vlew
The blal incoming resources excluding covid-19 government amounted lo £153.707 for the year12022
£73,3W, ofwhi¢h £153.707 related to Unrestricted funds aThJ £nll related to restrith(I funds.
The unrestrithd fund Incomlng r6sourw from g8norat8d funds of£153.707 comprfsed
- Volunf8ry tnGome of É149.540. Indudtng £127.529 lègacy Inc(Mne, for whlch tho chariiy is extremety gratsful
- Otherfvndratsing income of £4.167
Totsl reseNes held are £174.357 (2022 £111.2921 whk* Indudos rfrstricted fijnds of £nil 12022
£nlll,
d6signated funds of £20,0￿ leavjng free reseN8s after allowng for tanglble fixed assets of £154.275 P022 -
£91,173).
Des￿nated fvnds aro those unrestslGted funds that Trustees have agreed to 88t aside for spedftc purposes. and
indude an amount lo coverwlnikup (x)sts. In a￿rdance wilh good practice guidance this includes three mnths,
contral running ojsts, slalutory redundancy for all staff who qualify unilor ¢urrenl leglslalion, and all other
outstsndlng commitments of th8 ￿￿(51y. This currently equates to £20,000.
Under Its charftabl8 trust deed. the ¢hwiiy has the powerto make any investmen18 vthlth the twstees see tIL
The trustees act￿8￿ revlew the Ma1￿ risks which the ch￿lty [a￿S on a regular basfs ond beI￿ve that
maintaining a desigfi8letl fund Indudlng three months, W￿th ol running COBIS of the charity, comblned wlh the
charity's annual reiAew of the contmls over key finandal sy$l6ms cathad out through ali Intem￿ ￿dI1
programme, wtll prO￿dfr wfficlenl ro$our¢gs in the evenl oladvgr88 condrtsons. T1￿ Iru$le8$ hav8 aso examined
other op8ralional and buslness rtsks whkh charfy fAcos and confirm that they hav8 88tal￿tshed syslems to
mllvJate the slgnlficant rtsk8.
The chaiity ra188 more funds as many reqL￿ts being rerEived. The d)arity Intsnd8 to cx)ntinue
givlng thBlr support as and r8qukèd. 8ub5ect to fund avall8bllMy.

THE MEDICALAID FOR POLAND FUND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Stru¢ture, yovemance and management
The charily was established by 8 (*arilable trust deed on 10 March 19B2.
The trustees who served during the year were..
Dr. Bozena Laskiewicz. D.L., D.C.S.S., F.R.C.S. (Chairl
Andrzej Blonski (Vieè-Ch8irl
Irma Pietron. B.A. (Hon51, B.Ed.
Anna Bentkowska-Kafel Ph. D. (Secretary)
We are very sad to report th8t Andrzej Blonski died after the year end. on 23 March 2024
Thè executive committee mernbers during the year were as follows..
Jan W. Ledochowski (Tr8asurer)
Anna Bentkowska-K3fel
Andrzej Czerniajew
Kryslyn8 Wilkin50n
The fund raising committe& members during the year were as follows..
Hanna Groszek
Irenka Potworowska
Maria Jaczynska, NDD {sculpt.}, ATC
Urszula Jarosz
Basia Zarzycka
The trustees rgceThie training al trustees. meetings, as is deemed appropriate.
The charity 15 managed by its trustees and the executiv& committee membeTS. who sel the remuneration of the
chaTity staff. No trustees or committoe membtsrs are in receipt of remuneration.
The Charity sometimes needs to react very quickly lo parti¢ular emergencies and has 8 policy of keeping any
surplus liquid funds in short-tèm doposits which can ba accessed readily.
Medical Aid for Poland Fund works dosely with several olhei org8nisalions including..
- The Wrodaw Medir4lAcademy ladrnini51ering the Niedzwirski bequesll
Rector of Polish R.C. Mission
The Federation of Poles in Great Britaln
Ognisko Polskie {Polish Hearth) Club
- The Polish MedicalAssocialion
- The Polish Ex-combalants. Association
The Polish Scouting Association (outside Poland)
- Polish Women's Benevolent Association
Polish Social & GulluralAssociation IPOSKI
- The Relief Society for Poles
- The Veritas Foundation
The trustees. report was approved by the Board of Truste6$.
Dr. Bo
Trustee
Dated.. 5 July 2024
ena Lasklewi¢z. D.L.. D.C.S.S.. F.R.C.S. (Chair)
Anna Bentkowska-Kafel Ph. D.
Trustee
Dated.'5 July 2024

THE MEDICALAID FOR POLAND FUND
sTATEmE￿r OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Tho trustees are responsib￿ for prewing the Tru81oes' Report and the finanaal statements in 8c¢ordanc8 with
appll¢able 18w and United Kingdom Accounting StarKlard¥ {Unlted Kingdom Generalty Acceptod Aceounling
Practlce}.
Tho law applicable lo chaiitses in England and Wales requlrgs the trustees lo prepare finand818tatements trjr each
fin8ndal year whlch give a true 8nd tdir view of Ihe state of aff8tr8 of th6 tharity otid of the Incomlng re80urces and
apptication of resources of Ihe chartty for that year.
In prep8ring these finandBI statements. the iwstee8 requlred to..
- select Buitable a￿￿￿nIIng poNC￿$ and Ihen apply th8m conststenlty.,
- observe the methods and principlos kn thg Charities SORP:
- mgke ludgefflents and estlmates that are Teasonab￿ and PTudent',
- 3tate whether appllcable scr￿UnI1ng s￿dardS liave been foHL)wed. 8ubJed to any maledal deparhAres disdo8
and ex￿aIned In th8 Ilnallclal statsmnt8.' and
- prepare the finandal $lBtemenls on the goiry concem ba5FS unle881118 Inapproprfate lo presume that charlty
7th11 conllnue in operatlon.
The trustees Bre responsible for keeping sufficlenl accoUn￿ng records Ih8t dlsd(>se wHh reasonablè 8ccur8cy at any
ttme the finan¢Sal posillon of the charlly anil enable them lo ensuie that the finan¢lal slal8menls Comply with the
Charitses Act 2011, the Charity IA¢counls and Reports) Regulations 2006 and Ihe promsions of the trust deed. They
are also re8pon8ibie for 8afeguardlng tho 88s¢ts of the charily and hence for taknng reasonabl& slaps for the
provontion and detectN)n of fraud and other irregulaiitle8.

THE MEDICALAID FOR POLAND FUND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MEDICALAID FOR POLAND FUND
I report to the charlly Iru818e8 on my examlnallon of tho account8 of th& charity for the y.ear er￿ed 31
De¢embgr 2023 which are sg1 oul on pag06 5 10 16.
Responslbllltlos and ba858 of roport
As the trustees ol the tharlty you are reSpons￿le for the preparation of the finAnual statements In a¢cord8ncè
wlth thg requSrements of the ChafMlesAct 2011 (the 2011 Act).
I report In respect of my examlnaflon of the charlty'8 accounts carrfed out vnder section 145 of the Acl and in
carrying out my examination I have fdlowed all the applicable Dlrgctlons gfven by Ihe Charmy Commlsglon
under section 14515)Ib} of the Act.
Indepondènl examlnerfs $tatsmgnt
I have Qompleled my axamln8llon. I conflmi that no matters have com610 my altenllon In connèthn with the
gxamSnation giwng me cause lo bglleve Ihal In any malfyrlal rospect..
accounllng records W8r8 not kept In respect of tha charity as roqulred by secilon 130 of th8 2011 Art or
the financial statements do not ae£ord wllh those records., or
the financAal slatomenls do not comply with the applicable requlrem8nts con¢eming the lorni and content
of accounts set out In th8 Chawltles (Accounts and Reports) Regulatk)ns 2008 other than any requlrement
Ihal the arLounls give a true and falr vlow whl¢h Is not a matter con81dered as part of an independgnl
examlnalhjn.
l. have no con¢gms 8nd have come across no other matters In conngcilon wtth tha examination to whkh
attenlion 8houkl be drawn In thi¥ report In order to enable o propor understsndlng of the financial statements to
be reached.
Sarah Morfey BA (Hons) ACA
Inslllule of Chartered Accountants In England & Walgs
Kendall Wadley LLP
Granta Lodge
71 Graham Rood
ma￿ern
Worcestershire
WR14 2JS
D8t8d.' 5 Juty 2024

THE MEDICALAID FOR POLAND FUND
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
CunBntfinanclal yèar
Unrestrlcted Unre8trl¢tod
funds
fund8
general de81gnatod
2023
2023
Totsl
Total
2023
2022
Vofunlary in(xJme
Trading activities
Investments
149,S40
4,167
149,540
4.167
66.367
6.956
Total Incomg
153,707
153,707
Charitsble activlties
90.842
90,642
104.393
Not In¢omo11gxpgndlturg) for tho yeaTI
Not mov¢ment In funds
63,￿5
63.065
(30.997)
Fund balance8 at 1 January 2023
91.292
20,000
111,292
142,289
Fund balan¢•$ at 31 Docombor 2023
154,357
20,000
174.357
111,2¥2
The $tstement of Ilnan(4al actfvltles Indudes 811 galns and losses racognlsed in Ihe year.
All income and expenditure dertve from ￿ntInuIng adi￿tles.

THE MEDICALAID FOR POLAND FUND
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Prfor fln•nclal year
Unro$trl¢t•d Unrestricted
fund$
fundB
gengral dg$lgn•tgd
2022
2022
Totsl
2022
Notè¥
Voluntary income
Trading activitlas
Investments
66,367
6,956
73
66,367
6,956
73
Total Incomg
73.396
73,3
Charitable acliviU8s
104,393
104,393
Gross transfers betsveen fvnds
Net Incomellexpendl￿rn) for tho yoarf
Ngt movement In funds
{2.500)
2MO
133,497)
2,500
{30.99n
Fund bBlancos at 1 January 2022
124,789
17,500
142,289
Fund balanGg8 at 31 D9eombor 2022
91.292
20,C()O
111,292

THE MEDICALAID FOR POLAND FUND
BALANCE SHEET
AS A T 31 DECEMBER 2023
2023
2022
Notes
Fixed a$sots
Tangible assets
Currant assets
Debtors
Cash al bank and in hand
12
81
119
15
160
177.1
160
113,814
177,356
113,974
CredltOf5: amounts hlliny wlthln
onè yèar
16
13.0801
12,801)
Net current assets
174.276
111,173
Total assets less Gu￿ent liabllltles
174.357
111,292
Income funds
Designated funds
General unrestricted fu￿8
17
20,000
154,357
20.000
91.292
174,357
111,292
174,357
111,292
The finanaal statements were approv8d by the Tr*Jstees on 5 July 2024
Dr. Bozena L8Sklew￿, D.L.. D.C.S.S., F.R.C.S.
(Chairl
Trustee
Anna Benlkowska-Kafel Ph. D.
Trustse

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
Ch*rity infomiatlon
The Medlcal Ald For Poland Fund Is an unincorporated d)arity regbstered with the Ch8rity Comm1s8ion for
England ond W85as. The prinrApal addrass 18 POSK, 23&246 Ktng Street, LoNlon, W6 (NIF.
1.1 A¢counting convontlon
The a¢¢o(tnts have been prepared In acccfdance with the charlty's Trust Deed. the Charilles Act 2011 and
'Ac¢ounting and Reporllnu by Charities.. Siatemonl of ReCon￿ended Pract1￿ applicable lo chaiities
pf8parfng thelr a¢counls In accordance whh tho Flnancial Reporting Standard applS¢able In the UK and
Republlc of Ireland IFRS 1021 Sectlon 1A" {48 8m6nded for arLounling perfods comnienclng from 1 January
20161. The ¢h8rty Is a Public 8an&fft Enlily as defined by FRS 102. The charfty has taken advant8ge of the
provlslons In the SORP for charttlas apptylng FRS 102 Updala Bullefjn 1 not to prepare a Stslament of Cash
Flows.
Tho flnandal 81al8ments are prepareil In sledlng. which Is th8 fundonal ￿rrencY of the charily. Mone18ry
amounts In thesa finon¢lal slalement8 ar6 rounded lo th& nearest £.
The fin8ndal 8ts1emenls have begn prepared under the hl8torlca5 C￿St conventlon. The princijal ac¢ounllwJ
policles adopted are sel oul below.
1.2 Going concgm
At thè lirne of 8pprovlnu the ftnanL4al slatemenls, the trustees liave a reasC￿abl8 expgctatlorb that the charity
has adequalg resources lo conlinue In operallonal exlslence for the foreseeable future. Thus the ITiislees
¢ontinu8 lo adopt the going concern basls of aco)unlng in wep¥lng Ihe fl￿an￿￿[ stslements.
1.3 Charftable fund#
Unreslrfcted funds are avallable for Use at lh8 dl8(*elfon of the tsvsteos In furtheran¢e of their charitable
objectives.
Funds hold by the charfty ore..
Unrestricted gengral funds - these are fvnds whl¢h can be used in accordanco wlth the charitaL4e objects at
the dis¢retlon of the Iru81ees.
Restrlcted funds- these are funds that can only bg used for p8￿cUlar reslrictad purposes ￿thIn the objects of
the charity. Restrlclons arise when spea￿&d by the donor OT when funds 818 r818ed ftsr partlcular festricted
purposes.
Further exptanatlon of the natur8 and pury)ose of each fvnd Is Ind￿d￿l In the notes lo the a(tounl8.
Endowment fund8 are 8Lthject to specilic condllions by don0￿ that the ¢8pllal musl be maintalned by the
thaiily.
1A Incoming resourc8s
Income is recognised when the charily is legally gntllled to it afÉor any porfo￿nan￿ condiUon8 hav8 b88n m8L
thè amounts can ￿ measured reliably, and il Is probable Ihal income WIN be ¥eceived.
Cash don811ons are recognised on recelpl. Olher donallons are rocoun18ed onc8 thè tharrty has been nollfled
of the donation. unless perfonnance conditions requim defoiral of the amount. Incorne lax rocoverabla In
retatlon to donallon8 roc8Iv8d under GIftAkl or deeds of Co￿nant Is recognised Bl the lime of Ihe donation.
Legacias are re¢(￿nIsed in the SOFAwhan Itls prd)abte Ihal Ih6y VAII ba r6celved.
Olhgr Income con7PTlses gf Income that (k)as not faAI 5nlo any other Intx)m6 category.

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢countlng polloles
Icontlnugd)
1.5 R•soUrC￿ oxponded
ExpèndStur8 Is ree4)gnlsed onc* theye Is a 19gal or ￿n$(TUd1Ve obligation to Irarbsfer economic banofit to a
third paTty, il is probatrAe that a transfer of economic b8t)efts wlll be required in setUemenL and the amount of
the obligallon can be measured rekabty-
Expenditure 1$ dassllled by adivNy. The Costs of each activty are made up of the ltstsl of dlr&t costs and
shared costs. includlng 8UPPOrt costs Involved In und8ttsklng gach actlmty. Dlrect costs allribulaNg lo a sing
actlvlty aro allo(*led direc¢ty lo thal aclivity. Shargd LX*Sts whth contribute to morg than one activity and
support ¢08ts which nol alttlbutable lo a single 8ctivty are apportroned betsveen those a¢tfvftfe8 on a basis
¢onsL%lent with the u88 of resoLtrces. Cèntral staff costs ar8 allo￿1￿ on the basis of Img sr*nL and
deprg¢¢alion charg¢$ are allocated on the portion of thg assèt's use.
C081s of generntlnu voluntsry In&)mo comprise the costs InCu￿e￿ by tha ch* to Induc8 ottwrs lo makg
donatI￿S lo the charity.
Tr8dlng costs c¢)mprfse the costs of aGllvitJes relating lo tradlng lo ralse funds or to rgall89 valuo of
donated goods.
AdNÉties In fuTU)erance of charilable obledivès undertaken dlrectly relate to expendtture Ir￿u[rad as a dlrect
result of undgrtaklng Ihe charblab18 Ot¥9CtiV85 of Iha charity.
1.6 fanglble flxed a8$6ts
Tanglble flxed assets are In￿131￿ measured at ¢osl and 8ub8equently m68surad 81 o)sl or Va￿allon. net of
depredallon and any impalmenl kJs8es.
Deprec18tlon Is recounlsed so as to wrfl& off the cost or valuatton of assets tess their resfdual Va￿￿$ overthelr
us8ftd1fv6s on U)e foll(wAng ba888'.
Fixtwes. Iltting8 & equlpmenl
15% on not book v81ue and 33% on cosl
Tho galn or ross arlslng on the dlsposal of an assat is determkned as tha differen¢o beiweon the sale
ptocèeds and the carrylng value ofthe as$81, and Is re¢ognised kn the stslemenl offinanclal act￿41￿8.
1.7 Imp8lrnwnt offlx8d assgts
Recoverable arnounl is ihe hpJheT of falr value less rA)s18 to sell and value In use. In assesslThJ value In usè,
tho esllmaled future cash11ows are dlscountgd to Ihelr pr95ent V￿￿6 using a pre-tax discount rate that rellgcts
current market assessments of the Ilme value of mlmey and the risks spedfic lo the asset for which th&
esllmates of ftrture oash flows have not been adjusted.
If th6 recoverabfe amount of an asset is estlmated lo be less than its amunt, the rArying amount of
the asset is reduwl to its Tecoverabk arnount. An Impalmlent Ioss 18 rocogni¥ed Immedlalety In Incomal
(exp8ndhure for tha year, unlo88 the relevant asset Is carrigd at a revaEued amount. in whlch ca$& Ihe
impwrrnent t058 Is treated as a revalu8tlon decrea88.
Recogn188d ImpaIrJ￿￿nt losses are ievgrsed if, and only if, the roasons for the hnpairment loss have c8ased
to app￿1. Wfftere an impaimient loss Subsequ￿1￿ reverses, the Carrying amount of ttie asset is increas8d to
the revi$8d eslÉmale of its Tewrable amount. but so Ihal the inLY8ased carrylng amounl do8s not exceed
the carwng amount that would ha￿ bgon delemilnad had no impairment k)$8 been re(xygnl$ed for tho asset
in prior years. A reversal of an impalmM)I10ss18 recounised immodialdy, unless the retevant asset Is carFled
In 81 a revalued Amount, fn whlth ￿88 the rewsaf of lh8 IMpalm￿nt k)ss Is troat8d as a rfyyaluall)n
Increase.

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounllng poll¢le$
Icontlnugdl
1.8 Flxed a¥$et investments
Fixed asset Invtrslments are Inltially measured al transactkjn prlco exclvdlng transacllon costs, and a
sUbS￿U8nlly measured at fair value at each reportlng date. Changes In fair Wdlue are recognised tn nel
h)comel{expendilur81 for the year. Tran$acUon oosts ar& expensed as IV￿rred.
1.9 Ca$h and ¢a8h èqulvalents
Cash and cash equlvalenlB include cash in hand, d8POSits held at call ￿th banks other BI￿rt-tem1 Ilquld
Inve8tmenl8wlth ortglnal maturitio$ oflhree months or less, and bank overdraft8.
l.lil Financlol Instrumonts
The charity has alected lo apply thè provlslons of Section 11 'Basic Finandal Inslrum9nl$' gnd Seollon 12
'Olher Flnandal Instrumen18 Issues, of FRS 102 to all of rts finaneAal instruments.
FInan￿￿ instruments are recognlsgd In the ¢harlWs balanc8 sheet when the charfty becomes party to th9
contractual provislons of the InstrumenL
Financial assets 8nd Ilabllilles are offset, with the net amount$ prgsentod in tho llnandal 8ts1ements, when
there18 a legal￿ enforreable rfght to sel off the recognlsed amounts and there Is an Inlenllon to setlle on 8
nel basis or to realise the asset and seltlo the liabllity slmultaneously.
Basle flnan¢lalassets
Basic fin8ndal ass&ts, whSch Indude deblorn and cash and b8nk boiBncos, are initlally m&a8ured at
transa¢tlon prlce Indu(fing Irdnsaction c051s and are subsequenuy f*rrfed al amortlsed cosl u81ng th8
offactlve Interest method unless the arrang8menl cK)nslltul98 8 financing transaction, where the transaction is
measured al the present value of tho future ￿ceIpts dlscounted at 8 m*rket rale of Interest. Finandal assets
classified as rgGolvablo wllhln onè year are not amortised.
Ba$1¢ flnanclalllabllltlos
Baslo flnancfal Ilabllmès. Includlng credllors and b8nk108ns are Inltlalty rocognlsed at tran8a¢tlon price unless
the arrangement cAJnsllules a financlng IransaolSon, where the debt instrument Is mgasured al the present
value of the fLrtur6 paymgnts dls¢ounled at a markel rate of Interest. Finan¢lal li8bdiUes ¢lassifiod as payable
wllhin one y8ar are not amort18ed.
Debt Instruments are subsequgnlty carrfed at amortlsed cost, using the effective inter851 rala molhod.
Trade ¢rg(Itors ar8 obligallons to pay for goods or Ser￿￿8 that have been acqulred In the ordlnary wurs8 (rf
op&rallons from suppliers. Amounts payable are classifi8d as current liabilities if payment is due wilhin one
year or less. If not. they are pr&¥enled as nO[￿¢￿rrant Ilabllitles. Trade credllors are recognised inlually al
transadlon prfco and subsequently measured at amort1s9d cost uslng the effectlve Snleresl method.
Derecognltlon of Ilnan¢lalllabllhle8
Financlal liablllles are derecognlsed whon the charws contractual oblgaltons expl￿ or ara disthargèd or
Can￿1[0d.
1.11 Employee b&nofits
The cost of Bny vnused houday enlMlemonl18 recogni5ed in the period whth tho omployee's se1￿CeS are
rwivod.
Ternination benefils are (9￿gnISed Immedtately as an expense when th6 tharity is denM)nstrabty ¢c*DmSttgd
tolgmilnate the employmont of an 8mployea OT to provlde termlnallon beneflts.
1.12 Rètlrement banoffts
Payments lo definod conlrlbullon retIr￿[rt benefit Schemes ar8 charged 0$ an expgnse as thgy fam duo.
10-

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STAIEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounting poH¢l88
(Contlnuedl
1.13 For•lgn exchan
Transactions denomlnaled In forelgn cuNan¢i&s 8re recorded al the rate rullng at tho date of the transa¢Alon.
Monotsry assets and liabil1￿$ dencNnlnated in foreign twiren(#8s are translated it)to sterfing al the rale$ of
exchange Nllng al the b8lanc& shfj8t date. All dlfferencE8 a￿ Induded In net oirtgolng resour(*s.
1.14 Dobtors
Debtor8 represenl amounts owgd to the tharmy for goods and ser￿CeS prnvldgd or amounts paid &lvanr
foT 8eNces lo be rectiNed, measuTrd at the rgcoverable amount.
1.15 CrndltoY8
Credllors r8presonl the amount the charity anlwles A wlll pay to settle a dobl or a Pro￿$10n for goods and
Sgwwces Ét l]as receNed nol yel hw01￿, m?a6ured al setllomgnl amount.
Crlllcal aceounllng ostlmots$ and ludgements
In opplication of the charills aLxounting poI￿les, the Irus188s ar8 raqulred to make judgem￿18, esthmates
and assumptions 81)oul the ogrylng arnount of assets and Ilabillll8s that are N>t readlly apparent fr¢Jm other
sources. The esllmatas and 8ssodaled 8ssumptlons are based on historical expoiloncg and other fac*irs thal
are considered lo be relevant. Aithal results may dlfforfrom Ihese eslimBtes.
The esUmate$ and undarlying assumption3 are re￿eWed on 8n ongolng basts. RevisK)ns to attounting
esllmate8 aré re¢ognlsed In Ihe pedod in which the estlrnale is rtswseil where Ihe revislon aifects that
perfod, or in the p6rfod of th8 r￿slon and future perlods whore the fe¥Aslon affgcfs both cuThent and future
ods.
Voluntsry In¢omo
Unmtrl¢t•d Unre8tsl¢tsd
funds
fund8
g•noral
gen•Yo1
2023
2022
Donations and glfts
L8gacFes receivabl8
22.011
127.529
13,717
52,650
149,540
66.367
11

THE MEDICALAID FOR POLAND FUND
NOTES TO T14E FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Tradlng a¢tlvlti
Unre•trl¢ted Unrestricted
funds
fund
goneral
g¥neral
2023
2022
Fundralslng events
4,167
6,956
Inveskngnts
Total Unreitrlctsd
nd¥
g•n•rnl
2022
2023
Inl6ra8t recelvabte
73
Charltsbla a¢tlvltle•
Unrestrlctsd UnrestriGted
fun(ts
funds
genernl
general
2023
2022
Staff costs
Depr8ciafjon and Impalrmenl
Mèdlcal ald pro￿ded lo people In Poland
20,417
17.142
57.043
74.619
77,498
91,859
Share of support ￿8t8 (see note 8)
Share of gov8m8nce cost8 {see nol& 8)
10.684
10,074
90,642
104.393
Descrfptlort ot charltabte actlvltlos
The ¢harilable activtties are as desuibed in Ihe annual rgwt of the Trust￿.
12-

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs
Support Govemanco
costs
Costs
2023
2022 Ba¥iB of allocauo
Rent of off*e
Inswance
Tatephone
Legal and professtonal fees
Bafik charges
6,228
678
549
216
3,014
6.228
678
549
216
3,014
6,452 Char4tsble actimtios
534
563
354
2,171
Indopendenl Examlnefs fees
2,460
2,460
2.460 Govemanc
10,685
2.480
13,145
12,534
Anatysed between
Charitable advitles
10,685
13,145
12.534
Governance costs indudes charges payable lo tho Ind6pendent examiners Oneludlng unrecowrable VAT) of
£2.460 {2022 £2,460) for eKaminalk)n a￿d accounts preparatlon. These costs ara allocated In proportlon lo the
costs tncurred on charttable actiwlies and the costs of geneiailng fijnds. Support costs inthdes t*argè$
payable lo Kenilall Wadley LLP luiduding unrecoverBble VAT) of £21612022 £354) for payroil servSces.
Tru$tsg$
None of the trustees lor any per80n8 o)nneotod wllh thgm) rgc•lved any ramuneralion, bgnefjls or r
Imburs8d expenses from the charity during the year.
10 Employ￿8
Numbvof employoes
The average monlhty number ofemployees during year vM8:
2023
Numbgr
21122
Number
Offl¢6 and administrali
Employmont Gosts
2023
2022
Wa0￿ and salaries
Pension costs
19,997
420
16,832
310
20,417
17.142
Thefe were no employees whose annual remunera￿On vrds £80.000 or more.
41 Taxatlon
The charky Is exempl frorn tsx on incomè and gains fa11￿9 within Sectlon 505 of th6 Toxes Act 1988 or 88Ctlon
252 of the Taxalionof Chaigoable GalnsA¢t 199210 the exlenl Ihal these are appfied to Its ¢harilabie obiects.
13-

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINANCIAL STATEMENTS (CONI'INUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Tanglble flxod a88•ts
FlxiuY8s, f41tlng8 & É4ulpinttnt
Cost
At 1 January 2023
14,215
At 31 December 2023
14,215
Depreciatlon and Impglmient
Al 1 January 2023
Depreclalion charged in the ygar
14.098
38
At 31 December 2023
14,134
Carrying amount
At 31 December 2023
81
Al 31 December 2022
119
14 Flnancial Instrumgnts
2023
2022
Canylng amount of flnanclal Ilabllld
Measured 81 amort18ed cost
2.610
2.694
1$ Debtovs
2023
2022
Amounts falllng duo wlthln ona year:
Prepayments and 8ccrued Income
180
16 Credltors: amounts falllng du• wlthln on• ￿ar
2023
2022
othertsxa￿on and social aecurity
Trade credllors
Olhgr ¢redSlors
Acuuals and doferred Incom8
270
54
296
2,460
107
174
2,460
3.080
2,801
14-

THE MEDICALAID FOR POLAND FUND
NOTES TO THE FINAMCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
17 Dgslgnated fund8
The income lunds of the d)arity I￿lude the followlng deslgnated fund8 whtch hav& bo8n set a￿de OL* of
unre6ts1cted fvnds by th& Irustegs for speclfic purposes..
Movement In fund8
al)n¢o •t
comlng
Re$ouT¢•S
Bol•nc•at
January 2023 rnS¢JUF
OKpend8d 31 D¢cèmlJ
2023
Balanco at
1 January 2022
fjnding up resen
17,500
20.C4)0
20,000
17,500
Wmdlng up ￿Serv8-ll 1$ the polloy of the chartty lo malntaln sufficlent unreslrfct8d r88erves, whlch ar¢ fr¢a
reserves of the charity. to ck>sa (knwn the organisation. In accordan￿ wllh Charty Comrnis5ion Guldelings
Ihese repr8s@nl three month5. rkntral mnnlng ¢o$l$, stBtulory redundancy lor all staff who qualify undor
current leglslallon, and all other outslandlng commltnwnts of tha ¢harfly. Th088 re8ms arg transferred
from unreslricled reservès to (Joslgnated rgsenfes.
18 Analy¥l8 of n¢t866ets betwèen funds
UnTe8tr1¢tsd D&slgn8tgd
funds
fund$
2023
2023
Total Unrn8trt¢t•d DvJlgnatod
fund$
fvnds
2022
2022
Total
2023
2022
Fund balan¢es al 31
De￿mber 2023 ar&
ropresenled ty:
TangSbl8 assets
Currenl as8etslOiabllille61
81
154.276
81
174,276
119
91,173
119
111.173
20.CrfXI
20,000
154.357
20,000
174,357
91.292
20,0(X)
111.292
19 Relat•d party trangaotlon8
There We￿ no (IsrAos8bb ￿lated party transaction8 durlng th8 y&ar12022- none).
15-

THE MEDICALAID FOR POLAND FUND
STATEMENT OF REVENUE AND EXPENDITURE
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Gros$ rov•nu
Lggacles
Donauons
Fundraising
Shop receipts
Interest received
Govemment Grdnl
127,529
22,011
4.167
52,650
13,717
6,958
Total grogs revenue
153,707
73,396
Expanditurn
Lqedical Aid lo Poland- medlcal suppNe$
Wroctaw MedlGalAcadomy
Shop e#pen8es
Offke expen8e
Posl8ue atKI stsll￿ery
Insurance
Bank charges and Ex¢hangg rate movgm8nt8
Legal ¥nd professlonol fe8s
Independent axamlners fèes
Sundry expen8e8
Oepreuation
57.043
74,819
27,193
24,157
678
3.014
218
2,460
534
2,171
354
2.460
3B
98
Tolal expondlturo
90.642
104.393
Surplu8llD•ftclt) lor thè year
63,(￿5
(30,99n
16-