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2021-12-31-accounts

('hat'lt1
ntfointaficat
independent
auditors'		 report
Trustees'
amtual
report
Consolulated
statement		 of financial acttciiles
Coitsohdated
balance sheet
Charity
italance sheet
Consohdated
Cash tlou		 statemem
Notes to rite accounts

Unrestricted
Funds
I'eor ertdelt I 'ill' I'li(li.'ll
3l Di cemiiei 37 lJecemlivi.
2021 2tt2 ti
Income from:
Donatl elis 1,933,128 3,082,433
Investment
mcome		 3 741,954 750,849
Othei
income
Clrtrritottte
ecrivirietv
Education
media		 3.171
Information
and ed ncatlL7n		 5 947,000 947,000
Total tincome 3,622.082 4,783453
Expentlltut
e onl
Clr~rritoble
ocrivi ries
Education
Incdia		 4 8.871 5.593
Infill'n'Ianna
and LdLIcation		 5 2 070760 I 47(1 8'3
Dorretloll(Poli/ 2,050
Total expenditure 2,079,631 1,484,466
rtet laconic for the rear 1,542,451 3,298,987
Funds brought forward 41.381,136 38,282,149
Funds carried forvrard 43,123,387 41,581,136
Drmestnctea Drmestnctea Funds
real' I'nifi'll yi'.In' cnclcil
37 Di.'I i.'nlll('I' 37 Dcccnlftcr
202i 2020
haoiet
Net mo; ement m funds foi the year 1,342AS I 1 29S Off7
3ota I gents! c co an i self 1.SC2ASl 3,298,9s7

37Dci' olhcl' 37 D&'ceo)i&i)
2027 202f)
7&orc»
Fixed assets
1'angtble
fixed assets		 53,123690 51,914.006
lllvCSIISClllS 2,618,)30 2.61R245
55,742,020 54,532,251
Cul Icnt assets
Stock 31„450 40.296
Debtors 9 1,929.261 1.775.938
Cash at bank and m h ind 2.238.061 2.170,782
4,198.772 3.987.0!6
Curtent
liabi1ities: amounts		 faliin due uithm
one		 )e. i 11 (2,047,279) ('2.022.,097)
Isot current asset» 2,151,493 I.i)64 c)i i)
Total assets less cul'I'tnt liabilities 57,893,313 5()497 170
Creditors: amoimts failing due more tiian aftei one year 12 (15,715,374) (15.861.482)
42,178,!39 40,633,688
Funds and reserves
Unrestricted funds 13 43,123,587 41,581,136
Revaluation reserve 14 (945,448) (945.448)
Total funds rnid reserves 42,178.139 40.635.688
The iinanmai
aig!)cd on its		 statements
behalf by:		 weie approved by the Board of Trudeev on ....5.. .o.. ......I "ei(kand
»vere

37 Dec'cn)f)ei .Il Deccnil) 'i
202fl
7'r)iesi
Fixed assets
Tangible
fixed assets		 7.! 33,884.457 33 534 246
investmenis 8 7,826,73 1 7,826.73!
41,711.188 41,360.977
Cur~ant assets
Sii)ck 31,451 40,296
Debtors 9 1,810,405 1.409,913
Cash at bank and m hand 1,702.445 1,808,430
3,544,301 3,258,639
Creditors; amounts I'ailing due v ithin one year 11 (1,430.457) (992936)
2.113.844 2,765.701
Debtors. amounts i cceivable afier more than one vcai 10 20,790.380 19,78(i,088
Creditors: amounts tailing clue atitei more than one year 12 (15,715,3741 (15,861.4821
Net assets 48,900.038 47,551,286
Represented by:
I unde and ~eserves
Unrestricted f'unde 13 47,551,286 43,066.!51
Net mo) emem
in I'unds for		 the year 13 1,348,752 4,485,135
Total funds and reser)es 4ff,900,038 47,551,28()
1'he ginancial statements )vere approvecf by the Board of Trustees on ". T4.4D.&~.. and ivei'c
signed on iis behalf by:
3/ Dei I'iii/ ei 3/ Der ear/&ci
202/ 2020
.&(orilt
lvct cash inAolv
f'rom operating		 activities 15 1„799,898 3,362,'707
Cash Aov s fl'onl his lstnlg activities
In i crest
Ieccl 1cd		 130,110 124.350
Rents
II.c('.l lcd		 611,8ao 626,O99
Pay mania
to acqui re tangible		 tixcd assets (2,328,380) (3.234,771j
Pal nli:nts Io acquire
iiivestirlerns		 (85)
P/ct cash outAon'
fr'onl ln'I cstlng		 actlvhllcs (1,586,511) (2,q83,922)
Cash Aons from financiiig activities
Receipts tiom nen long tenn loans 2,700.000
Rcpavmcnts
of loan		 (2,846.108) (62.878)
f(ct cash BBIAons final Ananctng acth'itlcs (14/).108) (62,1178)
piet increase
/ (decrease) in		 Cash and
Cash Equivalents 67,279 755,907
(.'ash and cash equivalents
atthe
beginning
ofthe year		 2,170,782 I,u 14.875
Cash and cash equivalents
at		 the
cnd ofthc yca!' 2,238,061 2,170,782
Cash and sash equiivalents consist of:
fash ai bank and in hand 16 2,238,061 2, 170,782

Yc'.cll' elicit'll Yrcll crlded
3/ Di'C cl'Ii/11.'I' 3 J' Dc CI ill/Ill.
202/ 2020
IIentai income 61).sdd 626.-199
Bank interest 130.110 124.330
741.934 7SO,SC)9
) ceil' iitdcd ) C'Cll' I'llC/I'I/
3/ Diccmlml 3/ Dc.'c'I'. In/tel
202/ 2020
Education media tncotne 3,171
Education ntet1ia cos/s (8.871) (S,S93)
Net (C'oat) ()t./171) (2 '122)
Y 'cll' 'lidi'd Y 'Cll' elided
3l Dec emlml 3/ Decem/Icl'
1(12/ 2020
Information and education mcome 947,000 9e7.000
947.000 9c(7,000

Ex(FOB srtA TtO tr(
AND EDIL'CAT(ON (cont		 mucdi
}'eur unde&i Vl'ul' l.'flrlerl
3l Dr'r. eml&er 3l Der. errilrer
2023 2020
information aiirf er!ucatlciii expel&sr. s
Ivleetin related expenses 519.640 511,548
Depreciation 1,118.698 1.053.685
t(epaii's ai&tl I'eili*. u afs 36,112 126,854
1&mancc charges 276.870 3 10.264
1'oreign a~change losses l (garnsi 114,543 (530&425)
Audit fees 4,897 4.897
2.070.760 1,476.823
Yr'rii ended 1r rii' i'lrded
3l Dermnl&
'i		 3i Dr'r eill lli'r'
2022 2020
Donauons
paid		 2,050
2,050
C t
0
0 IJ U
O
I		 IJ
dI
t 0
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JJ0
0 U
J
C 0 c 0
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0
c 0
0 I
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JCcc IO 0 I
&I
I U
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0 C Ec'0
I I
Il
U
G 0 E
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0 G
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C'		 C IG 0 0
IG G O
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0tl
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CG
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IU
I I
c I
Cl J U
00
LlU		 Q I I 0
U		 I-" 0
U
00 0 ,G O Q Q
l 8
0
t
C'liini! I
El&lily B .41ifli &lliffl'r El/Iflpllienl
B
gllllfylngi' Ti.'ill Con ill'Iff lion 7&if&'nlllll'I Tl&lul
As at I .Ianuaiy
2021		 36,724,573 1.21.'.286 3.557,f126 830,015 42.325,700
Addll. loiis 923 1.190,602 1,192,167
As at 31 December 2021 36,725A96 1.213.28(i 4.748.428 830.657 43,517.867
DEPRECIATIOP
As at I 1afluafy' 2021 7.19(i953 I 075.709 518 79'I 8 791 454
(.'barge for the lear 734.510 29,480 77.96(i 841.956
As at 31 Decembei 2021 7,931,463 1.105,18f1 596.758 9,633AI 0
As at 31 Deccmbei 2021 28.794,033 108.097 4.748.428 233,899 33,884.457
As at 31 Dcccmbm 2(T20 29,527.620 137,577 3,557,826 3!1,223 33,534,24(i

3iD«embei .li D«emhef
202i 2020
(
As at 1 lanuars 2.610.330 2.618,245
As at 31 December 2,61g.330 2,6 1g 245
( Of&nfl
V 0/		 PI0pof fluff oi
I'Olmg loglifi		 PI0pof fluff oi
I'Olmg loglifi		 flfIII&I &'0(
ll&'!*fr&i &&fluff IIfllflfff' d Sgurm lief&I fffflflf&si i
RSSB Scuthail Ltd England Onimary Shares 100"i 1 I'UPCIIE'
kiaaii '~omni
EUI'on Dcvclopnlcnls Lnl England Ordmarv Share Iliam Pnlpelli
Mlul' gcnisni
Eurun D ielopmcnts (france! Ltd England Ord mary Sharc& 100"l Propert&
Maiiagcuicnl
RSSB CZ sto (Mech ltq&ubhc L LC' 1 tl0'yl Pl'opctl'i'
hi&tang&an:Iu
Atlnna Moutalasm SA Cirsec& Ordm ry Shares 100'!l I n)pc&IE'
6'Iallilg &UIClu

C/Iur (0.
3/ Dclvinl&l'I' 3JDl.i.'Ciull
' I'
20&/ 2020
As at I January 7,826,73 1 7.826.731
As at 31 December 7„826,731 7,82(»731

DEBT ORS: amounts
recmva		 bie
Iv itl»n one year		 bie
Iv itl»n one year
C I&iI &Y&ill(i&I&'ll C'/Iuri ii
.(l D&lcm(i»i 3JDcccsihcr 3l Decem(&cr 3/ Dicta&i&I r
202/ 2020 202J &(J&0
Sundry debtors 1,890,075 1,723.934 1.774,468 1,360,934
Prepayments 39,186 52,004 35.937 48,979
As at 31December 1.929,261 1.775,938 1,810,405 1,409.913

1)EBT ORS: amo unts
rccei		 yabic aller m ore ihan one veer ihan one veer
Ouiwuliduied C liu»r&
31 December' 3/ 1&c'c'c'mbc'i' .1/ Dec'e&iil&er 31Derrml&ei'
2021 2i)20 202/ &020
Amounts owed by subsidlai'1' uttdertaklt&gs 20.790,380 19,786,088

C calcu/&chil '0 C calcu/&chil '0 C'burl&i
31Deeembci 31 Decelllbel 3/ Decal&lb&'I' ll Dere&lib&'i
202/ 2020 2020
Trade creditors 57,500 30.483 36,487 41,278
Other creditoiy 1,989,779 1,991,614 1093.970 951.658
Ay at 31 December 2,047,279 2.022.097 1,430,457 992.936

CRED(TOR S: amounts failing due more than after one year
C'onto)it)ared Cbar)it
31Dec.'embei 31 Dc'c.'embc*r 31Dec'cmbe& 3/ Dc'camber
202/ 2020 2021 2020
l.oans payable after more than one year 15,715,374 15,861,482 15,715,374 15,861.482
As at 31 Dccmnber 15,715.374 15.861&482 15,715.374 15,861,482
C'on«&lid«re&l C'on«&lid«re&l C7&ini'it
Jl Deecniln'i Jl 13cl.cail&i'i' Jl Decenihel' Jl Deer*a&a& r
202l 20&0 202l 2020
General reserte (Umestncted funds)
As at
1.(anuary		 41,581.136 38,282,149 47.531,286 43,066,151
hlcoirn: 3,622,082 4,783,453 3,550.607 4.743.133
Expelictit lt'c (2,0793&31) (1 484.466) (2,2()1.855) (257,9911)
As at 31 December 43.123.587 41.581,136 48,900,03tf 47,551,286

Co&of&lulu& 'll Co&of&lulu& 'll C lii&l'in
3l Dc&eall& 'i Jl D n 'nilm& Jl D'cenll&er Jl Dei '&Ill&el'
202l 2020 2 C&2l 2020
As at 1 January (945.448) (945.448)
As at 31 Decmn her (945,448) (945,448)

3/ Dei.eniiiei 3/ Di!cciil/&ci'
2020
le!et income
/ espendfitnre		 for the year 1.542451 3,298,987
leon-operatllftg
Ilicontc
Interest receii able (130.110) (124,350)
Rent iecetved (61i,844) (626,499)
isoit-cash Adinsfnients
Dcplccianon
chalgc for tlic		 year 1,118,698 1,053,685
DeciCBsc') (01crcasc) ili sto k 8.843 (1.173)
(Increase)
I dcmcase
in debtors		 (177,234) (275,752)
(111crcBsc),tlcclcasc
n1 ci'cdltot'I		 49.094 (22,191)
bfet cash floii
I'rom operaiing		 actii ities I.799.898 3„302.707

dr / 3niniii&1 C iisii//elis 3/ Dccenii&ei
2027 202/ 202 I
C'ash at bank and in hand 2,170,782 67,279 2,238,061
Total cash and cash equicaients 2.170.782 67,279 2,238,0(&1

Entity slahie Interest
RSSB Soutlmll
Ltd.		 Ordinary 100')ti
I.uron Derelopments Ito. Ordinary 100 100'in
Euron Deuciopments (France) Lrd Ordinars 100 100'!;
AihuIa Moutalaski
SA.		 Orrhnary 6i471i448 100"
RSSB.C'2 sio Partnership N/A NIA 100"'
3/ Dci coi/ici 3/ Dci i iii/im
2 /12/ 2020
l
Income 209.952 211.738
Expcliscs (214.817) (211.790)
Net (loss)/rain I'or the year (14,865) (52)
The aggregaie ofihe as~et~, liabilities and 4 *ficits nas:
3/ Dcr.'"illliel' 3/ /3cccnibci'
2I'/ Il 202//
A sets 1,427.701 1„451,2I5
Liabilities (653,409) (66'2,059)
Net (liabilities)iassets 774,292 789,!56

Er&rc&n DcvclaJ&&&mlitt Ll&J. Er&rc&n DcvclaJ&&&mlitt Ll&J.
3l Dcl
'lnl&el		 3l 23cc &&Ill&c&
202J 2020
Ittconte
Expenses (!62A59) (161835)
Net loss 1'or the near (162A59) (161,1135)
The aggregate ofthc assets, 1&ahihties and deficits tean:
3l Decem(&rr .tl Dcc.c'alger
20 &(i
f f
Assets 8,533.745 7A67Ad5
Ltabthtles (8,824,072) (7,595.'! 13)
Net assets (290.327) (127.868)
31 Dc'c c'nllll. *l 37 Dc.'ccall&el.
202 J 2020
Income 158,589 105.777
Admimstratlte expenses 150,166 (1,116,828)
Net gain/ (loss) for the )'ear 308,755 (1,011,051)

The aggregate The aggregate ot' the assets, liabilities and deficns ivan
3/ Der enihei 3/' Der ember
202/ 2020
Assets 6.5g6,339 6.5 &g,343
Ltabtitucs (10,673,762) ( 10.922.634)
Net liabilities (1og7 403) (4 344 79i )
Arh/nrr
Aron/a/ai//$4
3/ Der erlifim 3/ Der alii/iei'
202/ 2020
Income 170,3S5 1 ft1,302
Arliiniiilsii'iiiior i xtlen\es (72.12tl) ( 176.155)
Nct mcome i (loss) foi the year 9S,257 5,]47
The aggre atc of'the assets, liabihuos and deficits aas:
3/ Der rmbi'r 3/ Der enibei
2(12/ 2020
Assets 4,473,967 4i446,!46
I iabilities (79S.257j (S65,694)
Net assets 3,673,710 3,577,452

31 December 31 December
2027 2020
lilcoltie
Adlniitistratlve evpelisev (33,992) (60,980)
Net loss for the year (35.992) (60,980)
The aggregate ofthe assetv, liabilities
and do		 t)cits ivav.
37 Deeciiiber 3/ Dci.crit(i or
2021 2(i20
Assets 666.589 575.681
1 iabiliucr (!.092A79) (965,578)
Net liabilities (425.890) (389,897)