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|||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|
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|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|
|||||||ยน|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|
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||||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||
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|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|
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||||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|||
##
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##
|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%|
##
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|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|
##
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##
|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)|
##
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##
|||||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)|
##
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