#
##
|||Page|
|---|---|---|
|Charity information|||
|Independent|auditors'
report|2-3|
|Trustees'
annual report||5-11|
|Consolidated|statement offinancial activities|13-14|
|Consolidated|balance sheet|15|
|Charity balance sheet|||
|Consolidated|Cash flow statement|17|
|Notes to the|accounts|18-32|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Unrestricted
Funds||||
|---|---|---|---|
|||Year ended|Year ended|
|||31December|31December|
|||2020|2019|
||Notes|||
|Income from:||||
|Donations||3,082,433|6,830,025|
|Investment
income|3|750,849|917,486|
|Other income|||1,851,341|
|Charitabie activitiest||||
|Education media|4|3,171|12,034|
|Information
and education|5|947,000|947,613|
|Total income||4,783,453|10,558,499|
|Expenditure
on:||||
|Charitabie
activities||||
|Education media|4|5,593|10,458|
|Information
and education|5|1,476,823|2,018,116|
|Donadons paid|6|2,050|16,136|
|Total expenditure||1,484,466|2,044,710|
|Net income for the year||3,298,987|8,513,789|
|Funds brought
forward||38,282,149|29,768,360|
|Funds carried forward||41,581,136|38,282,149|
||||Unrestricted|Unrestricted|Funds|
|---|---|---|---|---|---|
||||Year ended||Year ended|
||||32 December|37December||
||||2020||2019|
|||Notes||||
|Net movement|in funds for the year||3,298,987||8,513,789|
|Total gains recognised|||3,298,987||8,513,789|
##
||||||31December|31December|
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||Notes|||
|Fixed assets|||||||
|Tangible fixed assets|||||51,914,006|49,732,920|
|Investments|||||2,618,245|2,618,245|
||||||54,532,251|52 351 165|
|Current
assets|||||||
|Stock|||||40,296|39,123|
|Debtors||||9|1,775,938|1,500,186|
|Cash at bank and in||hand|||2,170,782|1,414,875|
||||||3,987,016|2,954,184|
|Current
liabilities:||amounts|falling due within one year|11|(2,022,097)|(2,044,288)|
|Net current|assets||||1,964,919|909,896|
|Total assets|||||56,497,170|53,261,061|
|Creditors: amounts||falling|due more than after one year|12|(15,861,482)|(15,924,360)|
|Net assets|||||40,635,688|37,336,701|
|Represented|by:||||||
|Funds and reserves|||||||
|Unrestricted|funds|||13|41,581,136|38,282,149|
|Revaluation|reserve|||14|(945,448)|(945,448)|
|Total funds|and reserves||||40,635,688|37,336,701|
##
||||||31December|31December|
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||Notes|||
|Fixed assets|||||||
|Tangible fixed assets||||7.1|33,534,246|32,002,286|
|Investments||||8|7,826,731|7,826,731|
||||||41,360,977|39,829,017|
|Current
assets|||||||
|Stock|||||40,296|39,123|
|Debtors||||9|1,409,913|1,134,031|
|Cash at bank|and in hand||||1,808,430|1,113,179|
||||||3258639|2286 333|
|Creditors: amounts||falling due within one year||11|(992,936)|(1,072,649)|
|Net current|assets||||2,265,703|1,213,684|
|Debtors: amounts||receivable|after more than one year|10|19,786,088|17,947,810|
|Creditors: amounts||falling due after more than one year||12|(15,861,482)|(15,924,360)|
|Net assets|||||47,551,286|43,066,151|
|Represented|by:||||||
|Funds and reserves|||||||
|Unrestricted|funds|||13|43,066,151|34,426,883|
|Net movement
in funds for the year||||13|4,485,135|8,639,268|
|Total funds|and reserves||||47,551,286|43,066,151|
##
##
||||||31December|31December|
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||Notes|||
|Net cash inflow from operating|||activities|15|3,302,707|7,993,230|
|Cash flows from investing||activities|||||
|Interest received|||||124,350|124,850|
|Rents received|||||626,499|792,636|
|Payments
to acquire tangible||fixed assets|||(3,234,771)|(3,482,121)|
|Net cash outflow from investing|||activities||(2,483,922)|(2,564,635)|
|Cash flows from financing||activities|||||
|Repayments
ofloan|||||(62,878)|(6,548,331)|
|Interest paid|||||||
|Net cash outflows from financing|||activities||(62,878)|(6,548,331)|
|Net increase / (decrease)|in|Cash|and||||
|Cash Equivalents|||||1,122,572|(1,119,736)|
|Cash and cash equivalents|at|the|||||
|beginning
ofthe year|||||1,414,875|2,534,611|
|Cash and cash equivalents|at|the|||||
|end ofthe year|||||2,170,782|1,414,875|
|Cash and cash equivalents|consist||of:||||
|Cash at bank and in hand||||16|2,170,782|1,414,875|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Year ended|Year ended|
|---|---|---|---|
|||31December|31December|
|||2020|2019|
|Rental|income|626,499|792,636|
|Bank|interest|124,350|124,850|
|||750,849|917,486|
|4.|EDUCAT|ION M|EDIA INCOME AND COST|S||
|---|---|---|---|---|---|
|||||Year ended|Year ended|
|||||31December|31December|
|||||2020|2019|
||Education|media income||3,171|12,034|
||Education|media costs||(5,593)|(10,458)|
||Net (Cost)|||(2,422)|1,576|
|5.|INFORMATION||AND EDUCATION|||
|||||Year ended|Year ended|
|||||31December|31December|
|||||2020|2019|
||Information|and education income||947,000|947,613|
|||||947,000|947,613|
##
##
||||Year ended|Year ended|
|---|---|---|---|---|
||||31December|31December|
||||2020|2019|
|Information|and education|expenses|||
|Meeting related expenses|||511,548|666,053|
|Depreciation|||1,053,685|1,062,042|
|Repairs and|renewals||126,854|106,414|
|Finance charges|||310,264|854,101|
|Foreign exchange losses /||(gains)|(530,425)|(676,594)|
|Audit fees|||4,897|6,100|
||||1,476,823|2,018,116|
|6.|DONATION PAID|||
|---|---|---|---|
|||Year ended|Year ended|
|||31December|31December|
|||2020|2019|
||Donations paid|2,050|16,136|
|||2,050|16,136|
||||||||Oc
Io
Icj||||||'o
OtO||o
o|dlj
o|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||'Ct
M|ot
CD
'uo||||Oc
ot||||dj
4|0
0|||
||||Ct
cD|CI
L,
E
Ic|ID
C|CD
CC|||Ch
IPt
ID
Oc||M
Oc
o||IO
Itd|||||000
'Cl|
|||||||||||||||||CI|||
|L||||o|ot
Oc0!|CD|||||||O
Oc|ot
Ctt||Cj|||
|Ct8||||g|'cd
CD
Idt|O|||||||C|OI|||||
|||||||||||||||||||CdI0|
|4|||||||||||||||||||
||||||||cO
00||CC|O
00|ot||A|I
O|0||||
||||||||||O||d
CD||rM||dd0||||
|Cd|||||||||||||||||||
|CC|||||||||||||||||||
||||||Ct||||||||Icd
00|CO
Ch|0|o0|||
||||||'CP||||||||||||||
||||||||CC||||||||||||
||||||M||||||||||||||
|Cc0|||||||||||||||W|st|||
||||||||||||||||~0|Cj||0|
|C|||||||||||||||||||
|0|||||C||||O||Idj||Od|lOt|.CI|E|||
||||||OI
'cl||||OcO|00
0!|'IOoj
O||CV
CD|Ot|SV
0
cd
0 '0|||0~0
Cj0|
|0|||||||||||||||Cj
o
0|0
cd||Cd0
Cj|
||||||||||||||||I||||
||||||||||||||||0|0!|||
||I-I||||CD||CI
(4
CD
CV||ot||Ot
odot||ot
ot|cd|~
V|0
g,|||
||5|~
0|||CC
CD|Ct
0|6
a
dl|g
4|O
Cjl|03
Ct|JD
4
0!|00
IXI|A|dl
Jd
Ej
A
dl|00
8
0
0
~|0
~
0
0
O|Cl
Cd
Cd
NU||
##
##
|Charily||||||
|---|---|---|---|---|---|
||Land &||Assets under|Equipment &||
||Buildings|Tent|Construction|Furniture|Total|
|COST||||||
|As at 1 January 2020|35,869,588|1,213,286|2,372,154|560,754|40,015,782|
|Additions|854,985||1,185,672|269,261|2,309,918|
|As at 31December 2020|36,724,573|1,213,286|3,557,826|830,015|42,325,700|
|DEPRECIATION||||||
|As at 1 January 2020|6,462,462|1,046,229||504,805|8,013,496|
|Charge for the year|734,491|29,480||13,987|777,958|
|As at31December 2020|7,196,953|1,075,709||518,792|8,791,454|
|Net BookValue||||||
|As at 31December 2020|29,527,620|137,577|3,557,826|311,223|33,534,246|
|As at 31December 2019|29,407,126|167,057|2,372,154|55,949|32,002,286|
##
##
##
##
##
||31December|31December|
|---|---|---|
||2020|2019|
|As at I January|2,618,245|2,618,245|
|Reclassification|||
|As at 31December|2,618,245|2,618,245|
|||||||||Proportion of||
|---|---|---|---|---|---|---|---|---|---|
||||||Counoy of|||Voting Rights|Namre of|
|Name|o Com|n|||~Re istration||~Holdin|d'r Shares Held|Business|
|RSSB|Soutball|Ltd.|||England|Ordinary|Shares|100%|Property|
||||||||||Management|
|Euron|Developments|||Ltd.|England|Ordinary|Shares|100%|Property|
||||||||||Management|
|Euron|Developments|||(France) Ltd.|England|Ordinary|Shares|100%|Property|
||||||||||Management|
|RSSB|CZ sro||||Czech Republic||LLC|100%|Property|
||||||||||Management|
|Athina|Moutalaski||SA||Greece|Ordinary|Shares|100%|Property|
||||||||||Management|
##
##
##
||||31December|31December|
|---|---|---|---|---|
||||2020|2019|
|As|at|I January|7,826,731|7,826,731|
|As|at|31December|7,826,731|7,826,731|
##
##
|DEBTORS:amounts receiva|ble
within one year|ble
within one year|||
|---|---|---|---|---|
||Consolidated||Charily||
||31December|31December|31December|31December|
||2020|2019|2020|2019|
|Sundry debtors|1,723,934|1,483,486|1,360,934|1,118,001|
|Prepayments|52,004|16,700|48,979|16,030|
|As at31December|1,775,938|1,500,186|1,409,913|1,134,031|
##
##
|||||||Consolidated|Consolidated|Charity||
|---|---|---|---|---|---|---|---|---|---|
||||||31|December|31December|31December|31December|
|||||||2020|2019|2020|2019|
|Amounts|owed|by|subsidiary|undertakings||||19,786,088|17,947,810|
##
|CREDITORS: amounts
falli|ng due within one year||||
|---|---|---|---|---|
||Consoli|dated|Charity||
||31December|31December|31December|31December|
||2020|2019|2020|2019|
|Trade creditors|30,483|53,127|41,278|195,154|
|Other creditors|1,991,614|1,991,161|951,658|877,495|
|As at 31December|2,022,097|2,044,288|992,936|1,072,649|
##
|CREDITORS: amounts
falling due mo|re than atter one year|re than atter one year|||
|---|---|---|---|---|
||Consolidated||Charity||
||31December|31December|31December|31December|
||2020|2019|2020|2019|
|Loans payable after more than one year|15,861,482|15,924,360|15,861,482|15,924,360|
|As at 31December|15,861,482|15,924,360|15,861,482|15,924,360|
##
##
|||Consolidated|Consolidated|Charity||
|---|---|---|---|---|---|
|||31December|31December|31December|31December|
|||2020|2019|2020|2019|
|General reserve (Unrestricted|funds)|||||
|As at I January||38,282,149|29,768,360|43,066,151|34,426,883|
|Income||4,783,453|10,558,499|4,743,133|8,687,512|
|Expenditure||(1,484,466)|(2,044,710)|(257,998)|(48,244)|
|As at 31December||41,581,136|38,282,149|47,551,286|43,066,151|
##
||||Consolidated|Consolidated|Charity||
|---|---|---|---|---|---|---|
||||31December|31December|31December|31December|
||||2020|2019|2020|2019|
|As|at|I January|(945,448)|(945,448)|||
|As|at|31December|(945,448)|(945,448)|||
##
##
||||31December|31December|
|---|---|---|---|---|
||||2020|2019|
|Net income / expenditure|for the year||3,298,987|8513789|
|Non-operating
income|||||
|Interest receivable|||(124,350)|(124,850)|
|Rent received|||(626,499)|(792,636)|
|Non-cash
Adjustments|||||
|Depreciation
charge for the|year||1,053,685|1,062,772|
|Decrease)/ (Increase) in stock|||(1,173)|(4,472)|
|(Increase) / decrease in debtors|||(275,752)|(225,998)|
|(Increase) / decrease in creditors|||(22,191)|(435,375)|
|Net cash flow &om operating||activities|3,302,707|7,993,230|
##
|||At 1January|CashJIows|31December|
|---|---|---|---|---|
|||2020|2020|2020|
|Cash|at bank and in hand|1,414,875|755,907|2,170,782|
|Total|cash and cash equivalents|1,414,875|755,907|2,170,782|
##
##
|Entity||Type|Nos. ofshares|Value|Interest|
|---|---|---|---|---|---|
|RSSBSouthall Ltd.||Ordinary|||100%|
|Euron Developments|Ltd.|Ordinary|100||100%|
|Euron Developments|(France) Ltd.|Ordinary|100||100%|
|Athina Moutataski
SA.||Ordinary|6,471,448||100%|
|RSSB.CZ sro||Partnership|N/A|N/A|100%|
##
##
|BSSBSanrhal|l Ltd.|||
|---|---|---|---|
|||31December|31December|
|||2020|2019|
|Income||211,738|266,338|
|Expenses||(211,790)|(269,417)|
|Net (loss)/gain|for the year|(52)|(3,079)|
|The aggregate ofthe assets, liabilities
and deficit|s was:||
|---|---|---|
||31December|31December|
||2020|2019|
|Assets|1,451,215|1,516,816|
|Liabilities|(662,059)|(727,608)|
|Net (liabilities)/assets|789,156|789,208|
##
##
##
|Euron Developments
Ltd.|||
|---|---|---|
||31December|31December|
||2020|2019|
||d||
|Income|||
|Expenses|(161,835)|(164,745)|
|Net loss for the year|(161,835)|(164,745)|
||||31December|31December|
|---|---|---|---|---|
||||2020|2019|
|Assets|||7,461,059|6,673,576|
|Liabilities|||(7,588,927)|(6,639,609)|
|Net assets|||(127,868)|33,967|
|Euron Developments||(Prance) Ltd. (consolidated)|||
||||31December|31December|
||||2020|2019|
|Income|||105,777|97,475|
|Administrative|expenses||(1,116,828)|54,517|
|Net gain/ (loss)|for the|year|(1,011,051)|151,992|
##
##
|The aggregat|e ofth|e assets, liabilities|and deficits was:||||
|---|---|---|---|---|---|---|
|||||31December||31December|
||||||2020|2019|
|Assets|||||6,578,343|6,620,400|
|Liabilities||||(10,922,634)||(9,953,640)|
|Net liabilities|||||(4,344,291)|(3,333,240)|
|Athlna Moutalashi||SA|||||
|||||31December||31December|
||||||2020|2019|
|Income|||||181,302|195,696|
|Administrative|expenses||||(176,155)|(168,166)|
|Net income /|(loss)|for the year|||5,147|27,530|
|The aggregate|ofthe assets, liabilities||and deficits was:||||
|||||31|December|31December|
||||||2020|2019|
|Assets|||||4,446,146|4,420,214|
|Liabilities|||||(868,694)|(847,908)|
|Net assets|||||3,577,452|3,572,305|
##
##
##
|BSSBCZsro||||
|---|---|---|---|
|||31December|31December|
|||2020|2019|
|Income||||
|Administrative|expenses|(60,980)|(117,601)|
|Net loss for the|year|(60,980)|(117,60])|
|The aggregate ofthe assets, liabilities|and deficits was:|||
|---|---|---|---|
|||31December|31December|
|||2020|2019|
|Assets||575,681|590,721|
|Liabilities||(965,578)|(919,638)|
|Net liabilities||(389,897)|(328,917)|
##