2020-12-31-accounts

CONTENTS
		Page
Reference and administrative details ofthe charity, its trustees	and advisers
Trustees' report		2-4
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes to the financial statements		8-17

		tlnrestricte	Total	Total
		d funds	funds	funds
		2020	2020	2019
	hlote	5	5
INCOME FROM:
Investments	2	89,063	89,063	93,032
TOTAL INCOME		89,063	89,063	93,032
EXPENDITURE ON:
Charitable activities	3	79,370	79,370	175,493
TOTAL EXPENDITURE	6	79,370	79,370	175,493
NET INCOhllE l (EXPENDITURE) BEFORE INVESTMENT GAINS Net gains on investments	11	9,693 225,992	9,693 225,992	(62,461) 366,679
NET INCOME BEFORE OTHER RECOGNISED GAINS
AND LOSSES		235,685	235,685	264,416
NET MOVEMENT IN FUNDS		235,685	235,685	264,418
RECONCILIATION OF FUNDS:
Total funds brought forward		2,746,859	2,746,859	2,462,44'I
		2,982,544	2,982,544	2 746,659
TOTAL FUNDS CARRIED FORWARD
The notes on pages 8 to 17form part ofthese financial statements.

					Unrestricted	rota)	Total
					funds	funds	funds
					2020	2020	2019
					E	6
Dividend	Income		Receivable		88„970	88,970	92,828
Interest	Receivable				93	93	204
					89,063	89,063	93,032
Total 2019					93,032	93,032
GOVERNANCE			COSTS
					Unrestricted	Total	Total
					funds	funds	funds
					2020	2020	2019
					F	E	E
Independent		examination		fees	1,776	1,776	1,680

DIRECT C	O	STS
				Donations	Total	Total
				granted	2020	2019
				5	F
Donations	Granted			65,204	65,204	159,350
Total 2019				159,350	159,350
SUPPORT	COSTS
				Donations	Total	Total
				granted5	2020	2019
Rent &Rates				6,109	6,109	6,713
Office Costs				4,488	4,488	5,015
Telephone,		Printing	&Sta8onery	663	663	508
Depreciation				89	89	163
Bookkeeping		Fees		1,04'I	1,041	1,042
Bank Charges						22
				12,390	12,390	14,463
Total 2019				14,463	14,463
ANALYSIS		OF EXPENDITURE BYEXPENDITURE TYPE
				Other costs	Total	Total
				2020	2020	2019
				5
Donations	granted		and support costs	77,594	77,594	173,813
Expenditure		an governance		1,776	1,776	1,680
				79,370	79,370	175,493
Total 2019				175,493	175,493

					Activities
				undertaken		Support
					directly 2020	costs 2020	Total 2020	Total 2019
					6	E
Donations granted					65,204	12,390	77,594	173,813
Total 2019					159,350	14,463	173,813
DONATIONS GRANTED
							2020f	2019 E
Donations to individuals	toencourage			research	and for
publications and donations		under F1,000.					'I4,118	27,500
Larger donations:
Polish Underground Movement			Study	Trust			'18,000	2,100
Polish Writers Association								2,800
School ofSlavonic and East European Polish Relief Society Polish Scouting Association				Studies			2,000 2,000 6,036	4, OOO 3,500
Wiktor Moszczynski								2, OOO
Polish University Abroad	- PUNG						2,750
Sikorksy Institute							2,750
Pilsudski Institute								100,400
Polish Schools in UK								2,450
Polish University Abroad								2,500
Polish Stage Company Friends ofPolish Veterans							1,750 1,550
LWOW Institute							1,000
POSK							10,000	2,9OO
Polish Cultural Foundation		(Polish DailyNVeekly)					2,250	6,500
Kampe Artists Group								1,600
Ewa Becla								1,1OO
Polish Solidarity Campaign							1,000
Total							65,204	159,350

TANGIBLE FIXED AS	SETS
		Fixtures and	Computer
		fittings	equipment	Total
		5	6	F
COST
At 1 January 2020 and	31 December 2020	7,733		8,387
DEPRECIATION
At 1 January 2020 Charge for the year		7,733	299 89	8,032 89
At 31 December 2020		7,733	388	8,121
NET BOOK VALUE
At 31 December 2020			266	266
Af 31December 2019			355	355
FIXEDASSET INVESTMENTS
				Listed
				securities
MARKET VALUE
At 1 January 2020 Unreallsed investment	gain/(loss)			2,642,969 225,992
2020				2,868,961

12.	DEBTORS
				2020	2019
				2
	Other debtors			23,613	24,667
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2020	2019
					6
	Accruals and deferred	income		2,769	2,540

STATEMENT	OF	FUNDS -	CURRENT YE	AR
								Balance at
				Balance at				31
				1January 2020	Income	Expenditure	Gains/ (Losses)	December 2020
				6	F	E
DESIGNATED	FUNDS
President Sabbat		Research	Fund	6,036		(6,036)
GENERAL FUNDS
General Funds	- all funds			2,740,823	89,G63	(73,334)	225,992	2,982,644
Total Unrestricted		funds		2,746,859	89,063	(79,370)	225,992	2,982,544
Total offunds				2,746,869	89,063	(79,370)	225,992	2,982,544
STATEMENT	OF FUNDS -PRIOR YEAR
								Balance at
				Balance at				31
				1January 2019	Income	Expenditure	Gainer (Losses)	December 2019
				F		F
President Sabbat		Research	Fund	6036				6,036
General Funds	—all funds			2,456 405	93,032	(175493)	366,879	2,740,823
Total offunds				2,462,441	93,032	(175,493)	366,879	2,746,859

								Balance at
				Balance at				31
				1January 2020	Income F	Expenditur e F	Gains) (Losses) 6	December 2020 6
President General	Sabbat funds	Research	Fund	6,036 2,740,823	89.063	(6,036) (73,334)	225,992	2,982,644
				2,746,859	89,G63	(79,370)	225,992	2,982,544

						Balance at
		Ba(ance at 1January 2019 5	income	Expenditure	Gainer (Losses)	31 December 2019f
Designated funds General funds		6,036 2,456,405	93,032	(175,493)	366,879	6,036 2,740,823
		2,462,441	93,032	(175,493)	366,879	2,746, 859

ANALYSIS OF NET ASSETS BETWEEN FUNDS -CURRENT	YEAR
	Unrestricte
	d funds
	2020
	E
Tangible fixed assets Fixed asset investments Current assets	266 2,868,861 116,087
Creditors due within one year	(2,770)
	2,982,544

ANALYSIS OF NET ASSETS BETWEEN FUNDS -PRIOR YEA	R
	Unrestricted
	funds
	2019
	5
Tangible fixed assets Fixed asset investments Current assets Creditors due within one year	354 2,642,970 106,075 (2,540)
	2,746,859