2023 Russian Speaking Community Northern Ireland Annual Accounts report for the period ending June 30th, 2023. SVETLANA STALMACONOKA Pages Contents General Infomation Annual Monitoring Return of Accounts Profit and ￿$$ Balance sh¢et Notes to the Financial Statement Independent Examiner's Rq)0rt 2022Q023 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 l. General Information Charity Name: The Russian Speaking Community Northern Irelond Founded 2013 Charity Registration Number: NIC107128 Registration Date.. 1910412019 Trnstees: Chaitperson: Oksana Sh¢le5t Svetlana Svyatko Al¢ksey Shitvov Secretary: Atcountant.. Svetlana Stalmaconoka Bankers Barclays bank Belfast City Branch 17 Castle Pl. Belfast BTI IEL RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 2. Annual Monitoring Retsrn of Accounts For the year endtng 30th Junc 2023, the Charity is required to submit an Annual Monitoring Return under section 70 of the Charities Act (Northern Ireland) 2008. As per the Chority Commission Regulation Law, the RSCNI is eligible for an independent examination since its gross Income is less than £250,000. The Financial Statement have been prepare￿ approved, and authorized by the Chairperson of the Board of Truste¢s for release on 30th November 2022. and signed by.. Oksana Shelest Chairp¢rson Russian Speaking Community Northern Ireland Signed.. Date= RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 2.1. Profit and Los5 Year ended 30th June 2023 NOTES 202212023 202112022 GROSS PROFITI Fulldraisillg Donations 641.4 Sales 10 19672.8 22521 TOTAL GROSS PROFIT 19683.8 23162.4 Cost of Fundraising Choir 'Rossinka' project rehearsals Community project Rent Community project New Year projec¢ Youth Club project CLC 'Zhar-Ptitsa' project Rent CLC 'Zhar-Ptitsa' project CLC 'Zhar-Ptitsa' Administrator fees 1550 12.5 900.00 372.95 574.13 451.64 360.98 792 650.6 800 1391.63 1858.45 4300.1 150 CLC 'Zhar-Ptitsa' Teachers fees 10443 11746.5 CLC 'Zhar-Ptitsa' Training Lysenco CLC 'Zhar-Ptitsa' costtllnes 179.4 414.29 Team Building Choir'Rossinka' Team Building Youth Club Postage and Carriage Prof&ssional fees 925.4 810 45.35 17.89 2387.5 78 Bank Charges Choir'Rossinka' assets depreciation CLC 'Zhar-Ptitsa' &ss¢ts depreciation Community assets depreciation Previous year adj. Internet 15.49 655.92 655.92 310.68 279.39 141.24 141.24 -1600 -143.88 Total Cost Fundraising 24587.50 17089.2 Funds generationiused funds Previous Year Adj. Funds used 4903.7 6073.19 -143.88 4903.7 5929Jl RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 2.2 BY4lance Sheet Year ended 30th June 2023 NOTES 202212023 202112022 Fixed Assets Office Equipment 2198.56 2807.39 Current Assets Debtors -926.8 Bank Account 11600.35 17600.96 Creditors amount falling due withln one year -205.05 Net Currellt Assets 13593.86 19197.55 Capital & Reserve5 Funds -13124.36 P & L Account 4903.7 -7529.31 Previous Year Adj. -1600 Funds This Year 4903.7 5929Jl RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 2J Notes to the financial statement Year ended 30th June 2022 General Information The Charity organisation is registered in Northern Ireland Reg NIC107128 Statement of compliance These financial statements have been provided with the provisions of Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. Aecounting policies Basis of preparatioll The Financial statements prepared in sterling's. which if functional Currency of the entity. Annual monitoring return under se¢tion 70 of the Charities Act (Northern lTelaDd) 2008. Fixed assets The Fixed assets are initially reordrnl at cost and are subsequently stated at cost less any accuniulated d¢pr¢¢iation and impairnient loss&s. Depreciation Depreciation is calculated to ￿TIte off tbe cost or valuation of an asseL less its residual va]ue. over thc useful economic life of that asset as follows.. Plant & machinery Fitting fixtures & equIpm￿t Motor vehicles Computer Equipment 25 /0 Straight line 250/0 Straight line r/*0 Straight line 25 /0 Straight linc Government grallts Government grants are recognised at the fair value of the &sser received or receivable. Grants are not recognised until there is rosonable assurance that the company will wmply the conditions attaching to them. and the grants will be r¢¢eived. Financial instrnmellts A financial instnunent or fmancial liability is r¢￿EnIsed only when the company becomes a paty to the contractual provisions of the instrumenL Basic instruments are initially recognised at the trdnsaction pris4 unless the arrangement constitutes. A financing transaction. where it is recognised at the present value of the future pasqnents discounted at the madcet rate for similar debt instnllnent. Debt instruments aTe subsequently me&sure at amortised cosL Financial assets that are me&sur¢d at cost or amortised cost are reviewed for objective evidence of impairnient at the end of each repoTttng date. Stsff c05t The average number of persons employeA by the charity organisation the year amounted to zero. Debtors 202212023 202112022 Debtors R&8tricted funds GI￿t MCNI MGF -1925.00 Prepayments Fit Moms Grant MCNI TI12, TI13 700.00 1600.00 0.00 01.80 700.00 -926.80 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 Creditors Creditors 202112022 202112022 Charity Accruals 205.05 284.00 -205.05 -284.00 Fixed Assets 202212023 202112022 Office equipment Community assets Choir Assets Depreciation NBV Depreciation 282.49 NVB 563.09 423.73 139.36 422.25 2623.63 3279.54 1967.74 1311.80 1311.74 School Assets 1617.06 869.66 747.40 559.08 838.55 5459.69 3261.13 2198.56 2153JO 3884.43 Detailed Cash floiv Year ended 30 June 2023 202212023 202 Ir202 Barclays Bank Cash on th¢ beginning FYE 01 July Cash at the end FYE 30 June 17600.96 9384J 11600J5 17600.96 Cash floiv Bank at the beginning of the year Money in Money oyt Bank at the end of the year 17600.96 9384.3 26699.8 41194.2 32700.41 32977.54 17600.96 17600.96 Money in 202212023 202112022 Sales 10 18854.9 22521 Donation 641.4 6310 17430 Supler refund Contrd Account SupplierlDebtors 128.9 1395 601.8 26699.8 41194.2 Money out Purchases 12 23863.61 17472.54 13 8836.8 15505 32700.41 32977.54 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 10. Detailed Sales 202212023 20211202 CLC 'Zhar-Ptitsa'Sth(M)l Fees 18710 21247 CLC 'Zhar-Ptitsa' Annual athnin fees 424 624 Russian Choir 'Rossinka' 650 New year paty 540 Discount allowed 19672.8 22521 11. Detailed received Grants 202212023 20211202 Education Authority Belfast city ¢ouncil 2 trdnche MCNI MGF 3000 1200 4215 1335 12015 MCNI MGF NOR RESTiucfED 1975 MCNI T-112 231.6 MCNI T-113 370.2 6310 18031.8 12. Detsiled payments Cornmunity rent Fit Mums used prepa)rynent Ac¢ountancy fee Rent of CLC 'Zharp-Ptitsa' Community New Year expenses Community expenses New Year Paty project CLC ZhaTp-Pti￿'PToje¢t expenses CLC Zha￿Ptitsa'saturdaY Athninistrator fees CLC Zharp-Ptitsa' Lysenco training Community team building expenses Postsge and Carriage Professional fees 202212023 202112022 900.00 2367.50 650.60 800 0.00 116.95 372.95 574.13 451.64 244.03 1391.63 1988.74 4300.10 150 179.40 45.35 17.89 20.00 78 Bank Charges CLC ZhaTpPtitsa'Teachff Fees Choir 'Rossinka' Depreciation Community Depreciation CLC Zhao)-Ptitsa' Depreciation Profit & Loss CLC Zhar-Ptica 1 S.49 10443.00 11746.5 655.92 141.24 310.68 Youth Club exp Choir 'Rossinka' rehearsa]s &¢xpenses Team Building Choir'Rossinka' Team Building Community 792.00 1550 12.5 925.4 810 24587.50 1747254 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 13. Detailed Grnttts expenditure Education Authority Belfast City Council MCNI MGF NOT RESTRicfED 202212023 202112022 3000 1200 4215 1975 10090 MCNI 50/0 MGF 3260 MCNI 1121113 601.8 8836.8 15SOS FUNDS Funds Iyet per project Choir 'Rossinka" This year 50.00 Last year 1600.00 CLC 'Zhar-ptica' Community Restricted Funds 1550.35 9475.07 0.00 1404.30 0.00 1925.00 Prepaid rent Fit Mums 700.00 1600.00 Svetlana Stalmaconoka Accountant At Russian Spcaking Community No ern Ireland Signed: Date: 1511112023 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 io 3.Independent Examiner's Report 202212023 I have made examined The Russian Speaking Community Northern Ireland Accounts for the financial year 202212023 ended 30 June 2023. Respective responsibilities of charity twstees and cxaminer As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. Examine the accounts under section 65 of the Charities Act Follow the procedures laid down in the general Directions giyen by the Commission und¢r section 65{91 (b) of the Charities Act State whether particular matters have come to my attention. B&8is of independent examiner's report I have examined your charity a¢counts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under seciion 65{9)(b) of the Charities Act. My examination included a review of the ￿cOuntIng records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in aecordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further infomiation needed for a prop¢r understanding of the a¢¢ounts to be reached. RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 li Independent examiner's statement I confimi that I have completed my examination and have no concerns regarding the mattcrs { l) to {41 listed above. Furthern)ore. in accordance with the Directions of the Charity Commission for Northern Ireland. I have not found any issues that require your attention. I have not discovered any irregularities or discrepancies. I can confimi that the objectives of the RSCNI have been met. Name: Signed.................. Professional qualification I body: W446 Date= 13 2024 RUSSIAN SPEAKING COMMUNITY NORTHERN IRELAND REG. NIC107128 12