OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Page
Charity information
Trustees'
annual
report		 2-9
Independent auditors'
report		 10-12
Consolidated statement offinancial activities 13-14
Consolidated balance sheet 15
Charity balance sheet 16
Consolidated Cash flow statement 17
Notes to the accounts 18-37

Unrestricted Funds
Year ended Year ended
31December 3l December
2022 2027
Notes
Income from:
Donations 7,400,233 1,933,128
Investment income 3 810,792 741,954
Other income 4,646
Charitable
activities:
Education
media		 4 2,540
Information and education 5 1,113,280 947,000
Total income 9,331,491 3,622,082
Expenditure on:
Charitable
activities
Education
media		 4 5,293 8,871
Information and education 5 3,092,193 2,070,760
Donations paid 6 1,378,740
Total expenditure 4,476,226 2,079,631
Net income for the year 4,855,265 1,542,451
Funds brought forward 43,123,587 41,581,136
Funds carried forward 47,978,852 43,123,587

Unrestricted
 Funds
Year ended Year ended
3I December 3IDecember
2022 202I
Notes
Net movement in funds for the year 4,855,265 1,542,451
Total gains recognised 4,855,265 1,542,451

37December 31December
2022 2021
iVotes
Fixed assets
Tangible fixed assets 7 54,543,412 53,123,690
Investments 8 2,618,330 2,618,330
57,161,742 55,742,020
Current
assets
Stock 30,163 31,450
Debtors 9 520,029 1,929,261
Cash at bank and in hand 1,514,984 2,238,061
2,065,176 4,198,772
Current
liabilities:		 amounts falling due within one year 11 (2,022,906) (2,047,279)
Net current assets 42,270 2,151,493
Total assets less current liabilities 57,204,012 57,893,513
Creditors: amounts falling due more than afier one year 12 (10,170,607) (15,715,374)
Net assets 47,033,405 42,178,139
Represented by:
Funds and reserves
Unrestricted funds 13 47,033,405 42,]78,139
Revaluation
rcscrvc		 14 (945,448) (945,448)
Transfer to non-distributable reserve 14 945,448 945,448
Total funds and reserves 47,033,405 42,178,139

3IDecember 3IDecember
2022 202I
¹ tee
Fixed assets
Tangible fixed assets 7.1 34,186,104 33,884,457
lnvestnients 8 7,826,731 7,826,731
42,012,835 41,711,188
Current
assets
Stock 30,163 31,451
Debtors 9 483,288 1,810,405
Cash at bank and in hand 1,051,129 1,702,445
1,564,580 3,544,301
Creditors: amounts falling due within one year 11 (668,335) (1,430,457)
Net current assets 896,245 2,113,844
Debtors: amounts receivable after more than one year 10 22,685,449 20,790,380
Creditors: amounts falling due atter more than one year 12 (10,170,607) (15,715,374)
Net assets 55,423,922 48,900,038
Represented by:
Funds and reserves
Unrestricted funds 13 48,900,038 47,551,286
Net movement
in funds for the year		 13 6,523,884 1,348,752
Total funds and reserves 55,423,922 48,900,038

31December 31December
2022 2021
Notes
Net cash inflow from operating activities 15 6,516,328 1,799,898
Cash tlows from investing activities
Interest received 81,174 130,110
Rents received 729,618 611,844
Payments
to acquire tangible		 fixed assets (2,505,430) (2,328,380)
Payments
to acquire investments		 (85)
Net cash outflow from investing activities (1,694,638) (1,586,511)
Cash flows from financing activities
Receipts from new long term loans 2,700,000
Repayments
ofloan		 (5,544,767) (2,846,108)
Net cash outflows from linancing activities (5,544,767) (146,108)
Net increase
/ (decrease) in		 Cash and
Cash Equivalents (723,077) 67,279
Cash and cash equivalents
at		 the
beginning ofthe year 2,238,061 2,170,782
Cash and cash equivalents
at		 the
end ofthe year 1,514,984 2,238,061
Cash and cash equivalents consist of:
Cash at bank and in hand 16 1,514,984 2,238,061

Year ended Year ended
3i December 3i December
2022 2021
Rental income 729,618 611,844
Bank interest 81,174 130,110
810,792 741,954

Year ended Year ended
31December 31December
2022 2021
Education media income 2,540
Education media costs (5,293) (8,871)
Net (Cost) (2,753) (8,871)

Year ended Year ended
31December 31December
2022 2021
Information and education income 1,113,280 947,000
1,113,280 947,000
Year ended Year ended
31December 31December
2022 2021
Information and education expenses
Meeting related expenses 378,828 519,640
Depreciation 1,085,707 1,118,698
Repairs and renewals 110 36,112
Finance charges 520,956 276,870
Foreign exchange losses / (gains) 1,101,506 114,543
Revaluation losses / (gain) 189
Audit fees 4,897 4,897
3,092,193 2,070,760

Year ended Year ended
33December 31December
2022 2027
Donations paid 1,378,740
1,378,740
si si si
Ch OI O
I		 CV CI0 Kl 0
Ch O
Icc		 I/I
CV		 OO
O		 CD
Ct		 CO
CV		 Cd
ID CV OI R o
OI"
CV O Cc O
C		 OO Cd
O O 0
00 dl
0
Cl
Ol0
~ a '0
0 4 CV
J58 p OI OV cd OO
C
co0
A 0
CCI		 X '0
'44C OO
CO		 OO
CV		 Cc
OO
O		 O
OO
Ch		 CI I00
0
M		 cd'0
dl
CI
C 0
0
0		 8
0
IXC
0 0 CI
~0 M 0
0 CD 0
'0		 O
CV
ICI		 C OI
CO OO c0
CD		 ICI
O		 OO
ICI
0		 C
CI		 so
cdo
ccl
0 .		 0
E0
0 dc O OO
C0
0 0
CL
0		 C
M
dl
ccl		 OO
C0
0
[xi 0 cd 0
l
A oc CV Cd o. .0
ID Cd CD CI
Od CV
C
Cd
00
cd		 oC0 dl
JD
E
CI
R
CO		 Q O
Cd
C
cd		 cd
0		 6
R		 00 0
R		 0
2
R		 OO 0
OO		 OO
0		 IOC
ClL
C
8o dt R & o Cl d! cd Cd
Ll		 IO
0
O		 0
No

Charity
band & Assets wider Equipment
&
Buildings Tent Construction Furniture Total
COST f
As at
1 January 2022		 36,725,496 1,213,286 4,748,428 830,657 43,517,867
Additions 77,746 1,047,493 570 1,125,809
As at 31 December 2022 36,803,242 1,213,286 5,795,921 831,227 44,643,676
DEPRECIATION
As at
1 January 2022		 7,931,463 1,105,189 596,758 9,633,410
Charge for the year 736,065 29,480 58,617 824,162
As at 31 December 2022 8,667,528 1,134,669 655,375 10,457,572
Net BookValue
As at 31 December 2022 28,135,714 78,617 5,795,921 175,852 34,186,104
As at 31 December 2021 28,794,033 108,097 4,748,428 233,899 33,884,457

3l December 3l December
2022 202l
As at 1 January 2,618,330 2,618,330
As at 31 December 2,618,330 2,618,330
Proportion of
N~C Counity of
R~eistration		 ~Holdin Voting Rights
&Shares Held		 Nature of
Business
RSSBSoutball 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
RSSBCZ sro Czech Republic LLC 100% Property
Management
Atbina Moutalaski SA Greece Ordinary Shares 100'j Property
Management

31Decentber 31December
2022 2021
As at I January 7,826,731 7,826,731
As at 31 December 7,826,731 7,826,731
DEBTORS: amounts
receiv		 able
within one year		 able
within one year
Consolidated Charity
31December 31December 31December 31December
2022 2021 2022 2021
Sundry debtors 476,859 1,890,075 440,118 1,774,468
Prepayments 43,170 39,186 43,170 35,937
As at 31 December 520,029 1,929,261 483,288 1,810,405

DEB TOR S: a mounts
re		 ceivable atter mo re than one year re than one year
Consolidated Charity
3/ December 31Decentber 3/ December 31December
2022 2021 2022 2021
Amounts owed by subsidiary undertakings 22,685,449 20,790,380

CREDITORS: amounts
f		 alling due within one year alling due within one year
Consolidated Charity
31December 31December 31December 3/ December
2022 2021 2022 2021
Trade creditors 175,671 57,500 161,763 36,487
Other creditors 1,847,235 1,989,779 506,572 1,393,970
As at 31 December 2,022,906 2,047,279 668,335 1,430,457

CREDITORS: amounts
falling due		 more than atter one year more than atter one year
Consolidated Charity
31December 31December 31December 3/ December
2022 2021 2022 2021
Loans payable atter more than one year 10,170,607 15,715,374 10,170,607 15,715,374
As at 31 December 10,170,607 15,715,374 10,170,607 15,715,374

Consolidated Consolidated Charity
31December 31December 31December 31December
2022 2021 2022 2021
General reserve (Unrestricted funds)
As at I January 43,123,587 41,581,136 48,900,038 47,551,286
Income 9,331,491 3,622,082 9,281,534 3,550,607
Expenditure (4,476,226) (2,079,631) (2,757,650) (2,201,855)
As at 31 December 47,978,852 43,123,587 55,423,922 48,900,038

Consolidated Consolidated Charity
31December 31December 31December 31December
2022 2021 2022 2021
As at I January (945,448) (945,448)
Transfer retained profit and loss 945,448 945,448

OPERATING ACTI V ITIES
3/ December 3/ Decetnber
2022 202I
Net income
/ expenditure		 for the year 4,855,265 1,542,451
Non-operating
income
Interest receivable (81,174) (130,110)
Rent received (729,618) (611,844)
Non-cash
Adjustments
Depreciation
charge for the		 year 1,085,707 1,118,698
Decrease)/ (Increase) in stock 1,288 8,843
(Increase)
/ decrease in debtors		 1,409,233 (177,234)
(Increase)
/ decrease in creditors		 (24,374) 49,094
Net cash flow from operating activities 6,516,328 1,799,898

Ar IJanuary Cashflows 3/ December
2022 2022 2022
Cash at bank and in hand 2,238,061 723,077 1,514,984
Total cash and cash equivalents 2,238,061 723,077 1,514,984

Entity Type Nos. ofshares Value Interest
RSSB Southall Ltd. Ordinary 100%
Euron Developments Ltd. Ordinary 100 100%

Euron Developments Euron Developments (France) Ltd. Ordinary 100 fl 100%
Athina Moutalaski SA. Ordinary 6,471,448 El 100%
RSSB.CZ sro Partnership N/A N/A 100%

BSSBSonrhall Ltd.
3/ December 3/ December
2022 2020
f f
Income 211,872 209,952
Expenses (215,892) (224,817)
Net (loss)/gain for the year (4,020) (14,865)
The aggregate ofthe assets, liabilities
and deficit		 s was:
3/ December 3/ December
2022 2021
Assets 1,432,237 1,427,701
Liabilities (661,965) (653,409)
Net (liabilities)/assets 770,272 774,292

Euron Developments
Ltd.
31December 31December
2022 2021
Income 4,646
Expenses (175,812) (162,459)
Net loss for the year (171,166) (162,459)
The aggregate ofthe assets, liabilities and deficits was:
31December 31December
2022 2021
f
Assets 9,738,923 8,533,745
Liabilities (10,200,416) (8,824,072)
Net assets (461,493) (290,327)

31December 31December
2022 2021
Income 467,366 158,588
Administrative expenses (1,405,831) 150,166
Net gain/ (loss) for the year 938,465 308,755
Euron Developments (France) Ltd
The aggregate ofthe assets, liabilities
and de		 ficits was:
31December 31December
2022 2021
Assets 6,297,728 6,586,359
Liabilities (11,252,028) (10,673,762)
Net liabilities (4,954,300) (4,087,403)

31December 31December
2022 2021
Income 160,085 170,385
Administrative expenses (573,520) (72,128)
Net income / (loss) for the year (413,435) 98,257
The aggregate ofthe assets, liabilities and deficits was:
31December 31December
2022 2021
Assets 4,410,739 4,473,967
Liabilities (I,148,466) (798,257)
Net assets 3,262,273 3,675,710
BSSBCZsro
31 December 31 December
2022 2021
Income
Administrative expenses (146,781) (35,992)
Net loss for the year (146,781) (35,992)
The aggregate ofthe assets, liabilities and deficits was:
31December 31December
2022 2021
f
Assets 648,895 666,589
Liabilities (1,221,566) (1,092,479)
Net liabilities (572,671) (425,890)