PUBLIC ORGANIZATION SUGIHARA FOUNDATION DIPLOMATS FOR LIFE
COMPANY CODE 110078468
KAUNAS, VAIŽGANTO ST. 30
FINANCIAL REPORT OF 2022
Kaunas 2023
Public Organization Sugihara Foundation Diplomats for Life 110078468 (subject legal entity, title, code)
Vaižganto g. 30, Kaunas, VĮ Registrų Centras l (Head office (address), the register, where data is collected and stored)
Operating l
(Legal status, if subject is licvidated, reorganized or bankrupt) No. l (approval mark)
REPORT OF FINANCIAL POSITION
ACCORDING TO DATA OF 31 DECEMBER, 2022
2023 January 1st, No. 1 l (date of issue)
2
(In Euro) Director Ramūnas Janulaitis
(name, surname) ASSETS Notes No. Reporting period Previous reporting period A. FIXED ASSETS 12356 19158 I. INTANGIBLE ASSETS 1 2269 974 II. TANGIBLE ASSETS 2 10087 18184 III. FINANCIAL ASSETS IV. OTHER FIXED ASSETS B. CURRENT ASSETS 21648 70052 I. INVENTORIES 3 15319 13433 II. RECEIVABLES DUE WITHIN ONE YEAR 4 2652 702 III. OTHER CURRENT ASSETS IV. CASH AND CASH EQUIVALENTS 5 3677 55917 ASSETS, TOTAL 34004 89210 C. EQUITY CAPITAL -26301 -16863 I. SHAREHOLDERS CAPITAL 869 869 II. RESERVES III. UNTOUCHABLE CAPITAL IV. ACCUMULATED OPERATING RESULT -27170 -17732 D. FUNDING SUMS 7 24304 101454 E. PAYABLES AND LIABILITIES 36001 4619 I. FIXED LIABILITIES II. CURRENT LIABILITIES 8 36001 4619 EQUITY CAPITAL, FUNDING SUMS AMD LIABILITIES, TOTAL 34004 89210
(title of the executive person ) (signature)
Public Organization Sugihara Foundation Diplomats for Life 110078468 (subject legal entity, title, code)
Vaižganto g. 30, Kaunas, VĮ Registrų Centras l (Head office (address), the register, where data is collected and stored)
Operating l
(Legal status, if subject is licvidated, reorganized or bankrupt) No. l (approval mark)
PERFORMANCE REPORT
ACCORDING TO DATA OF 31 DECEMBER, 2022
2023 January 1st, No. 1 l (date of issue)
3
Ramūnas
surname) Queue No. ARTICLES Notes No. Reporting period Previous reporting period I. INCOME 163248 106671 1 SALES REVENUE 9 10830 5040 2 FUNDING INCOME 7 152417 92343 3 OTHER INCOME 9 1 9288 II. COSTS 172686 127458 1 COST OF GOODS AND SERVICES, AND OTHER SELLING EXPENSES 1856 0 2 COST OF OPERATIONS 10 170828 125545 3 OTHER COSTS 10 2 1913 III. OPETARING RESULT BEFORE TAX -9438 -20787 IV. CORPORATE INCOME TAX V. NET OPERATING RESULT -9438 -20787
(In Euro) Director
Janulaitis (title of the executive person ) (signature) (name,
EXPLANATORY NOTE
With the financial report of December of 2022
I General information
Public organization Sugihara Foundation "Diplomats for Life"
Vaižganto g. 30, LT-44229, Kaunas Tel/Fax: +37037423277
Public body registered under the laws of the Lithuanian Companies Register on 14 December 1999. Public institution code: 110078468
Data is collected and stored in the State Enterprise Centre of Registers. The shareholders' capital of the public body is 869. EUR.
As at 31 December 2022 and 31 December 2021, three natural persons were shareholders of the public body. The financial statements of the public body are approved by the general meeting of shareholders.
Average annual number of staff by list for the reference period and the previous reference period: 5 employees on the last day of 2022 and 5 employees in 2021.
The financial year of the public body is the same as the calendar year. The institution is operational and has an unlimited period of operation.
Information on the Accounting Officer: Under a contract dated 04.01.2010, accounting services are provided by Bafos paslaugos UAB (code 135872365) and are open-ended.
The activities of the institution are :910000 in the social, educational and cultural field and museum activities. The aim of the Foundation is to revive the memories of the heroic deeds of the Japanese Consul Ch. Sugihara's exploits during the Second World War, and to add information about the Holocaust and the role of Sugihara, other diplomats and Lithuanian citizens in saving the lives of thousands of Jews and other people.
The founders of the Foundation: Ramūnas Garbaravičius, Egidijus Aleksandravičius and Freddy Opsomer (Note: Freddy Opsomer passed away on 14 March 2019) Foundation shareholders: Ramūnas Garbaravičius, Egidijus Aleksandravičius and Saulius Garbaravičius.
Chairman of the Board of the Foundation: Ramūnas Garbaravičius
The Board of the Foundation: Egidijus Aleksandravičius, Linas Venclauskas, Linas Tuleikis, Henrikas Gulbinas, Šarūnas Liekis and Birutė Garbaravičienė, Miša Jakobas.
Honorary members of the Foundation: H.E. Kazuko Shiraishi.
II Accounting principles
The laws and regulations that govern accounting and financial reporting: Law on Financial Accounting of the Republic of Lithuania. Order of the Minister of Finance of the Republic of Lithuania: "On the preparation of accounting, financial statements, activity report, annual report and valuation of assets and services received free of charge (nonmonetary donations) of non-profit legal entities".
III Notes to the Explanatory Note
1 Intangible fixed assets
Movements in intangible fixed assets are shown in the table below: (Note 1)
Acquisition value Software Other intangible assets
4
Balance at 31 December 2021 1014 1415 Acquisitions 1700 Transfers Write-offs Balance of 31 December 2022 1014 2415 Amortisation Balance of 31 December 2020 1013 1443 Amortisation per year 404 Transfers Write-offs Balance at 31 December 2021 1013 1847
2 Tangible Fixed Assets
Movements in tangible fixed assets are shown in the table below: (Note 2)
Under the terms of a lease agreement signed on 12 March 2003, the Foundation has the free use of 347,03 m2 of premises and 0,09 ha of land for its activities. The lease agreement is for an indefinite period of time and the Foundation does not pay rent. For the maintenance and operation of the premises, contracts are concluded with service organisations and fees are paid on the basis of the services provided. The Foundation had concluded a 5-year lease agreement with Vytautas Magnus University, which expired on 01.07.2016. According to the agreement, the VMU used the premises free of charge but reimbursed the operating and utility costs during the rental period. The premises were returned to the Foundation at the end of the contract. As of 01.07.2016, the Foundation started to use all the premises for its activities.
The Foundation uses fully depreciated assets in its operations by group:
Since the end of 2015, the Foundation has been implementing the reconstruction and renovation of the building and the premises that house the museum, in accordance with the approved project and contract.
5 Residual value at 31 December 2020 1 568 Residual value at 31 December 2021 1 2268
Acquisition value Machinery and equipment Other equipment, appliances, computer equipment Other tangible assets Museum exhibits Reconstruction work in progress Balance at 31 December 2021 3989 12879 39535 1158 5866 Acquisitions 1155 7820 Transfers Write-offs -227 -13686 Balance at 31 December 2022 3989 12879 40463 1158 0 Depreciation Balance at 31 December 2021 3988 12808 28419 27 Deprecation per year 0 1 3384 Transfers Write-offs -226 Balance at 31 December 2022 3988 12809 31577 27 Residual value at 31 December 2021 1 71 11116 1131 5866 Residual value at 31 December 2022 1 70 8886 1131 0
Aquisition value Software Other intangible assets Machinery and equipment Other equipment, appliances, computer equipment Other tangible assets Balance at 31 December 2022 1014 1415 3989 9652 20565 Deprecation 1013 1415 3988 9643 20547 Residual value at 31 December 2022 1 0 1 9 18
Fundraising and reconstruction and renovation works are being carried out to achieve this objective. According to the contract, the Lender does not reimburse the Foundation for the reconstruction and renovation costs incurred. The table below shows the movement of works carried out and funds for the period: renovation works carried out, works delivered; funds collected for financing and written off; balance of funds at the end of the year:
movements are shown in the table below (Note 3)
Inventories include stationery, office supplies, brochures, badges, books, souvenir magnets, postcards, chocolates: which are used for the purposes of the Foundation, or as a souvenir to promote the Foundation's activities to guests, schools, museum visitors and supporters. ()
6
Work carried out, money spent Funding raised/financing written off Monetary Balance of funds 31 December 2016 Balance 5374 51321 45947 Work carried out/funds raised in 2017 127135 138767 Assets placed in service / written off during 2017(-) 129600 129600 31 December 2017 Balance 2909 60488 57579 Work carried out/funds raised in 2018 18366 3270 Assets placed in service / written off during 2018(-) 21000 21000 31 December 2018 Balance 275 42758 42483 Work carried out/funds raised in 2019 8734 0 Assets placed in service / written off during 2019(-) 7793 7793 31 December 2019 Balance 1216 34965 33749 Work carried out/funds raised in 2020 7328 0 Assets placed in service / written off during 2020(-) 6279 6279 31 December 2020 Balance 2265 28686 26421 Work carried out/funds raised in 2021 18601 0 Assets placed in service / written off during 2021(-) 15000 15000 31 December 2021 Balance 5866 13686 7820 Work carried out/funds raised in 2022 7820 0 Assets placed in service / written off during 2022(-) 13686 13686 0 31 December 2022 Balance 0 0 0
Inventory
Value of inventories at 31 December 2021 12549 Inventories purchased 9524 Consumption and write-off of inventories 7888 Value of inventories at 31 December 2022 14185
3 Inventory
Prepayments/ contracts in progress 31 December 2022 31 December 2021 Prepayments to suppliers 991 885 Insurance contracts in progress 144 0
4 Receivables due within one year (Note 4)
5 Cash and cash equivalents (Note 5)
6 The institution's own capital
The institution's own capital consists of contributions from shareholders and the result of the fund's activities. The Foundation made a loss for the year under review in the amount of EUR -9438.-
7 Funding
The movement of the Fuondation's sources of funding is shown in the table below: (Note 7)
The funding was used to finance the public benefit events mentioned in the Annual Activity Report. There was no volunteer work during the reporting period.
7
Customer arrears 31 December 2022 31 December 2021 Trade receivables, gross 2652 702 Impairment of doubtful receivables 692Trade receivables, net 1960 702
31 December 2022 31 December 2021 Cash in bank accounts Including foreign currency (USA,JPY) 3674 0 53696 42278 Cash in hand 3 2221
SOURCE OF FUNDING 2022 01 01 BALANCE RECEIVED IN 2022 USED IN 2022 2022 12 31 BALANCE Grant (in assets) 1140 1140 Target funding: 13686 13000 26686 0 Fund for Museum reconstruction 13686 13686 0 Target funding for events 0 13000 13000 0 Other funding 86628 62267 125731 23164 Including: 0 Anonymous donations 0 53443 53443 0 Received 1,2% PIT donations 0 2524 2524 0 Other funding 86628 6300 69764 23164 TOTAL 101454 75267 152417 24304
8 4 Annex
(The form of Information for Charity and donations received during the year)
CHARITY AND DONATIONS MADE DURING REPORTING PERIOD (In Euro)
*Data of individuals are not disclosed
**the cost of services provided
***is shown when an entity transfers the use of an asset to others under a usage contract, irrespective of the entity's own ownership of the asset (ownership, usage or lease)
The funding was used to finance the public benefit events mentioned in the Annual Activity Report, to reimburse the Foundation's operating costs, and to reimburse the costs of the reconstruction and renovation of the museum building.
8 Accounts payable and liabilities (Note 8)
At the end of the reporting year, debts amount to:
9 Income
The Foundation's operating income comes from services provided for excursions and museum visits. A small part of its income comes from the sale of souvenir badges, pendants, postcards and books. In 2022, due to the COVID-19 pandemic and the war in Ukraine, the number of visitors to the museum dropped significantly, which affected income generation.
10 Other income and other expenses
Other income and other expenses incurred during the year: (Note 9)
9 Note 6
To suppliers for services and goods 17744 Staff salaries due 11423 Paying the social security tax on salaries 1297 Personal income tax due 4186 Property tax due for 2022 1351 Advances received from buyers 0 Amount due TOTAL 36001
Income 2022 2021 For services provided by the museum 9030 5040 For sales of souvenirs, books 1800 0 TOTAL 10830 5040
Other income 2022 2021 Foreign exchange gain 1 Queue No.
Title Code, head office (addres) In cash Assets, but cash Services** Usage of assets*** 1 2 3 4 5 6 7 1 Legal entities 1.1. CO International Charitable Foundation "Come back alive" UA09305299, Kyiv, Ukraine 534 1.2. 2 Individuals* X 3 Total X 534
RECIPIENT OF CHARITY, DONATIONS MADE CHARITY, DONATIONS GRANTED
11 Operating costs
The Fuondationd incurred costs of 172686.- during the year under review. In accordance with the decision of the Foundation's shareholders, taking into account the ratio between the income generated and the funding received (10830) and the donations and earmarked funding received (75267) for the year 2022, the Foundation's general operating costs are reimbursed and distributed as follows: 87% of the costs are allocated to the financing of the Foundation's events of public benefit, 13% are allocated to the Foundation's economic and commercial activities. The allocation and reimbursement of the Foundation's costs is shown in the table below ( 10 note)
Executive salary and other benefits
In 2022, the salary accrued to the executive amounted to a total of €24,627.- (€2,854.- in 2021). The Head of the Fund has not been granted any loans or guarantees, nor has he/she been the recipient of any other disbursement or accrual, or any other transfer of assets.
Post-reporting events
After the balance sheet date, the museum has not seen an increase in visitor traffic and is facing a difficult period.
Director Ramūnas Janulaitis Accountant Linas Budrius
2023-02-01
10 Subsidy for micro-enterprises (Orders of 22.03.2021/05.04LREIM) 9288 Other expenses Fines and late payment penalties 2 0 Foreign exchange loss 0 1913
Cost articles Costs in total Targeted funding used Other funding used Foundation's operating costs Cost of services rendered and goods sold 1856 0 1856 Other costs 2 0 2 Sales 1507 1311 196 Staff remuneration 87444 76076 11368 Deprecation (amortisation) 3789 3296 493 Maintenance of premises 33788 29396 4392 Communications 1390 1209 181 Transportation maintenance 0 0 0 Impairment of assets -297 0 -297 Other operations 42673 26686 13909 2078 Charity, donations made 534 534 0 TOTAL 172686 26686 125731 20269