VELEHRAD LONDON
THE PROVISION OF RELIEF, WHETHER FINANCIAL OR OTHERWISE, AND ASSISTANCE OF NEEDY MIGRANTS FROM FORMER CZECHOSLOVAKIA; THE ADVANCEMENT OF EDUCATION OF SUCH PERSONS; THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THE PROVISION OF RELIGIOUS GUIDANCE AND INSTRUCTION TO SUCH PERSONS;
Objects
1.1 THE OBJECTS OF THE CHARITY (THE 'OBJECTS') ARE FOR THE PUBLIC BENEFIT:-1.1.1 THE PROVISION OF RELIEF, WHETHER FINANCIAL OR OTHERWISE, AND ASSISTANCE OF NEEDY MIGRANTS FROM FORMER CZECHOSLOVAKIA; 1.1.2 THE ADVANCEMENT OF EDUCATION OF SUCH PERSONS;1.1.3 THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH THE PROVISION OF RELIGIOUS GUIDANCE AND INSTRUCTION TO SUCH PERSONS;1.1.4 TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £10,669,976, which the Trustees consider to be sound and in line with their policy of maintaining three to six months' expenditure. The charity reported a net income of £68,076 driven by investment gains, while total expenditure on charitable activities and fundraising amounted to £119,387.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use, excluding the amounts allocated to fixed assets and investments, should be maintained at a level equivalent to between three and six months' expenditure.” — page 5
“During the year the company paid L Stane, an officer of the company salary of £15,000 (2023: £15,000) under a standard employment contract for her role as Operations Manager” — page 26
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
Property (HM Land Registry)
Register events
- Received assets from another charity (16/01/2014)
Trustees
- ANTONIN STANEchair
- Josef Pazderka
- MARTA TOMSKY
- Mirka Mondry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £90k | £119k |
| 31/12/2023 | £92k | £116k |
| 31/12/2022 | £91k | £113k |
| 31/12/2021 | £94k | £104k |
| 31/12/2020 | £85k | £101k |
Common questions
Is VELEHRAD LONDON financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £10,669,976, which the Trustees consider to be sound and in line with their policy of maintaining three to six months' expenditure. The charity reported a net income of £68,076 driven by investment gains, while total expenditure on charitable activities and fundraising amounted to £119,387. Its FY2024 accounts were independently examined.