(HARITY (OMMISSION Trustees, Annual Report for the peiiod Seclion A Refeience and administfation details arY na MOLYVOS UMrtED otha navs the(hèrrty is know NIA Reglstered (hath nunknr (il any) (harjty's prmcfipal athlress ST GEORGES HOUSE, 6Th FLOOR. 15 HAK)VER SQUARE. LONDON P05tcode Na d the djarlty tnjstees who nk)n•Je the charhy lJ•tes•¢led If for wholeye •rtitled l• appoi•l 1Th5tee amy) MEMBERrrRUSTEES PANAGIOTIS TRYFON EVLAMPIA DASKALI SOPHIA LOUISE CICCONE V4lHOLE YEAR WHOLE YEAR WHOLE YE4R TRUSTEES MEMBERrtRUSTEES 10 12 13 14 15 16 17 18 19 20 ol the trv5tees foi the charlty, il any (kn examF44 arry cu5knxlian Iiustees) DJte5 acled if •olloi h•le ytar NIA TAR IAarth 2012
Seclion A Reference ond administration delails (ionlinued) Name5 and wldresses of advlws Jnal inf(xmknn} NIA Name of chiel executive or nbme5 of senNJr stsff rnbel5 WA tional inf0mB0Th Seclion B stiu(IuTe, gOVeranCe and managemenl DesulptiDn ul the drItS t5 TY ol governihgdocument {eg ItU5t constrtuiio ARTICLES OF ASSOCIATION Now the thaifjty 15 mnsilbj (eg Irus( ass0th)n. (omparryl PRIVATE COMPANY LIMITED BY GUARAPtfEE Ytustee sdeition {eg winted by, elected by) MEMBERS ANDIOR TRUSTEES AJitbnal 9Dnart issues (optwJn infomiatJn You wMy<h••se lo include athlllional hilNmatMJii. where relevant. at)uL. . pol5 pcethjres adopted loi the irNIudn and tiaknlr¥J ol t51. . the dwrirfs Organisl0nd struclure a1 any rtwffj whith thechairty wth5: . relatnShI) wilh ami telated parfie5: . ttustee< consJeTrlbJn of risks a[ the 5y5twi a1 prrth to rrofi thenL A) POLICIES AND PROCEDURES FOR THE IPItRODUCTION AND TRAINING OF TRUSTEES: AII trustees receive a copy of the Arficle of the Charity, conlli¢t of wrterest poly. and KKlicy for awardiNJ of grants and apptyiNJ tharitys funds. upon their admission. In addition, there i8 an Irthjuction sessions of new IJu8tees during first meeting. {B) OR&4NISAnONAL STRUCTURE AND IMDER NEPNORIQ" The charity has no wide net4wrk and its operation$ are managed and ¢ontrolted intsmalty by Trustees. There ts detK)n of administrative routine work to a1ministrabve Serv FxoNwler in the UK. C) RELATIONSHIP WITH RELATED PARTIES: r&la (D) MAJOR RISKS AND SYSTEMS AND PROCEDURES TO MANAGE THEM- (i) Sudden unexpèxed charye in managemenL The Charity ensu$ that there is appropriate spread of duties ttee$ with releNpnt b (li) 0['0nal failure of ser¥ice proder. Chanty rlUeSts vfiitten assuran that the seIe8 provider has approprkate continusty Flans in Fkn. TAR IA¥(h 2012
Section C Objective5 and activities rrmary DI Ihe obj'etts ol the dlIty set out in its govwning do(unt {A) Relief of &(kness arKI preservation amLMg people in Gr, Cyprus arKI UK (B (c pron eduCn among in Greece. Cyprus and UK AdVar the educaion of ublic in gerwal on the subject Sunmwryofthe aCtItieS undertaken lor the pthlii befftefit ifft rdaiiofft to these obj'ects (include wrthin thi5 5ertion the ststutory (k[laTrIn that trustees have had Rgard to the guidance i55ued by the Charity COMMS)n on puilk benefit) The trustees have rnISl that ttwe a limited anUrrt to be distributed during the yw and fo¢u*J Iheir activtitt on obJt (A) atthe. Adal detsls ol otrdives and aclivitie5 (opth)Dal infowrnalim) You mayd•we to ilUde lurlher statements, reknnt. aiwL. . polyon grantmakin . ly[nme rdated INesbMt WA Seition D Achievements and performan(e Jmmary ofthe rnoin of the thaiitydurkng the CONTINUATION OF CHARITIES OPERATIONS. SUPPORTING FAMILIES AND PROVIDING ASSISTANCE TO THOSE IN NEED. IAar(h 12
Seclion E Financial review Brfef stwntof the choritys polKy on reseives RESERVES ARE RETAINED IN CASH FOR FUTURE CHARITABLE ACTivmES Odads ol any furK15 fflatewialty tyi defKtt IA Further final Tefftw detals {0OiMal thlonnaliDn) Ytyj to indJe addthnai inl0imatioWhelt ielevant. abouL. A) Principal SOU offuThJs. s frun mernts and their a$SateS . the charlty5 pthmipal sovrce5 01 hJnd5 OtKluding hJndiai5ingTr. B) expenditure has supported the key obithes of the . Ibjw eYwdhU has yJwNted the harity- obiectfft of the dwrltr. EYndIre telabj mainty to professional fees for ensurfThJ statuw and in gocKI standing. . hStlI alld oWi¥es (C) Investment Policy: Minimal suwuses are retsin1 in cash wtlh a credible bank in the UK Section F Othei optional information WA Section G Oeclaralion The tnjstees decla thal therf have apwo¥ed tsu5tees' rw ab(Ne SIgd on behall ol the tharily's ttuslee5 aturfs) Full ron*ts) PANAGIOTIS TRYFON on (ey Seuelmy. chair. etr) TRUSTEE UEJ TA Manh 2012
COMPANY REGISTRATION NUMBER: 10925802 MOLYVOS LIMITED Company Limited by Guarantee Unaudited Financial Statements 31 December 2024 LIMtrED Chartered accountants
MOLYVOS LIMITED Company Llmlted by Guaraniee Flnanclal Ststements Year ended 31 December 2024 Contenls Page Directors, report Income statement Statement of financial position Statement of changes in equity Notes to the financial statements The following pages do not form part of the financlal siatemenis Detailed income statement 10 Notes lo the detailed income statement 11
MOLYVOS LIMITED Company Llmlted by Guarante& Income Statement Year ended 31 December 2024 2024 2023 Note Administrative gxpgnses Operatlng loss (9.7411 {9,7411 116,3761 116,376) Other interest receivable and similar income 463 371 Loss before taxallon (9,2781 {16,005) Tax on loss Loss for the financlal year {9,2781 116,0051 All the activities of the company are from continuing operations. The notss on pages 6 trj 8 form part ol these financial sl•tsm•n
MOLYVOS LIMITED Company Llmlted by Guaranlee Slatemenl ol Flnancial Position 31 December 2024 2024 2023 Note Current assets Debtors Cash al bank and in hand 4,233 83,430 1,907 53,494 87,663 55,401 Credltors: amounts falling due wlthln one year Net Current assets 4.370 3,600 83,293 51,801 Totsl a$sots1oss current Ilabllltles 83,293 51,801 Net assets 83,293 51,801 Capltal and reserve5 Subscribers a¢¢ount Profit and loss account 195,346 154,576 1112,0531 1102.775} 83,293 51,801 Members funds These financial statements have been prepared in accordance with the provisions applicable to cofflpanies subject lo the small companies. regime and in accordance Mth Section 1 A of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. For th8 year ending 31 December 2024 th9 company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of tts financial statements for the year in question in accordance wrth section 476- The directors acknowledge Ih8ir resFX)nsibilities lor complying with the requiremènts of the Act with respect to accounting records and the preparation ol financial statements. The statement of financial position continues on the following page. The notes an pages 6 to 8 fiyrni part these IlnaneS8l st•t•m•nts.
MOLYVOS LIMITED Company Llmlted by Guarantee Slatement of Changes in Equity Year ended 31 December 2024 Subscribers Profit and account loss account Totsl At 1 January 2023 123,329 186,7701 36,559 Loss for the year Other comprehensive income for ihe year: Donations Charitable contributions (16,0051 (16,0051 46,447 (15,2001 31,247 46,447 115,2001 15.242 Total Comprehensive income for the year 116.0051 At 31 December 2023 154,576 1102,7751 51,801 Loss lor the year Other comprehensive income lor the year: Donations Charitable contributions 19,2781 19,2781 47,770 {7,0001 40.770 47,770 {7.0) 31,492 Total comprehensive income tor the year 19,2781 At 31 December 2024 195,346 1112,0531 83,293 The noles on pages 6 to 8 forni part of thos• Ilnanclal stat•mants.
MOLYVOS LIMITED Company Limited by Guarantee Notes to the Flnanclal Statements Year ended 31 December 2024 General Infomiatlon The company is a private company limited by guarantee. re9lStered in England and Wales. The address ol the registered office St Georges House. 6th Floor, 15 Hanover Square. London, W1S 1HS, Unrfed Kingdom. ststement of ¢omplianca These financial statemenls have been prepared in compliance with Section 1A ol FRS 102, The Financial Reporting Standard appIable in the UK and the Republic of Ireland,. A¢¢ountlng poll¢le$ Basis ol preparalion Th& financial statements are prepared in euro, which is the functional currency of the entity. Diselosure exemptions The entity salislies the cr(teria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken ol the following disclosuro exgmptions available under paragraph 1.12 of FRS 102- lal No eash IIOW statement has en presented lor the company. Judgements and key sources of estimation uncertainty The preparation ol the financial statements requires management to make judgements, estimates and assumptions that alfect ihe amounts reported. These estimates arKI judgements ar8 continually reviewed and are based on experien and other faclors, including expectations of future events that are believed to b8 rèasonable under the circumstances. Forelgn currencles Foreign currency transactions are initially recorded in the functional CUTrency, by applying the spot exchange rale as al the date of the transaction. Monetary assels and liabilities denominated in foreign currencies are translated at the exchange late ruling at the reporting date, with any gains or losses being taken lo the profit and loss account. Flnanclal Instruments A financial asset or a tinancial liability is recognised only when the company becomes a party lo the contractual provisions ol Ihe instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement conslilutes a financing Iransaclion, where il is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
MOLYVOS LIMITED Company Llmlted by Guarantee Notes to the Financial Stslements (continu8d) Year ended 31 December 2024 Accountlng policies (contlnu6d) Flnanclal Instruments (contthued) Where investments in non<onvertible preference shares and non-puttable Ofdinary shares or préference shares are publicly traded or their lair value can otherwis8 be measured reliably, the investment is subs8quently measured at fair value with chang8s in fair value re¢Dgnised in proftt or loss. All oiher such investments are subsequenlly measurgd al cost less impairment. Other linancial instruffignls, including derivatives, are initially recognised at lair value, unless payment lor an asset is deferred beyond nomial business terms or financed at a rate of interest that is not a market rate, in which case the asset is m8asur8d at the present value ol the lulure payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured al fair value, with any changes recognised in protit or loss. wrth the exception ol hedging instruments in a designated hedging relationship. Financial assels that are measured at cost or amortised cost are reviewed lor objectwe evidenee ol impairment at the end ol each reporting datg. 11 there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually signrficant, thes8 are assessed individually foi impairment. Other financial assets arg erther assessed indniidually or grouped on the basis of similar credi( risk charaderislics. Any reversals ol impairment are recognised in profit or loss immediately. lo th8 extent thal the reversal does nol result in a carrying amosjnl of the financial assgt that exceeds what the carrwng amount would have been had the impairment not previously been recognised. Company limited by guarantee 11 the cofflpany is wound up all members and members who have ceased to be so within less than one year will contribute to the ass8ts ol the company by such amount as may be required for: Payments ol debts and liabilities ol the company contracted fOre ceasing to be memt*rs b. Payments ol costs, charges and eXnSeS ol winding up Adjustments of the rights of the contributors amongst themselves not exceeding the amountof GBP1 for each member Dfrbtors 2024 2023 Prepayments and accrued income 4,233 1,907
MOLYVOS LIMITED Company Llmlted by Guaranl8e Notes to the Financial Stalements {¢onUnu8d) Year ended 31 December 2024 Creditors: amounts lalling due within one year 2024 2023 Trado creditors Accruals and deferred income 318 4,052 4,370 3,600 3,600 Resorvos Subscribers iese)ve - This reserve records the donations and charitable contributions for the year. Profit and loss account- This reserve records retained earnings and accumulated losses.
MOLYVOS LIMITED Company Limited by Guarantee Managemenl Information Year ended 31 December 2024 The followlng pages do not lo part of the Ilnanclal statements.
MOLYVOS LIMITED Detalled Income Statement Year ended 31 December 2024 2024 2023 Overheads Administrative expenses {9.741) {16,376) Operatlng loss {9.7411 {16,3761 Other intef8St r8c8ivabla and similar income 463 371 Logs before taxatlon {9.278} {16,005) 10
MOLYVOS LIMITED Noies to the Detailed Income Statement Year ended 31 December 2024 2024 2023 Admlnlstratlve expenses Courier expenses Disbursernenls Services rendered Other professional fe8S Accounlancy fees Bank charges Foreign currency gainsllosses 1100) 140} 15,940} 13,2941 {8,8101 14,8121 {1681 708 15,3071 {591 1.705 19,7411 116,376) Other Interest recelvablè and slmllar Income Interest on cash and Gash equivalents 463 371 11
Kyriakw Masl 11 Niki$ CÈnter. 6th Fkn 1082 NIc0547 T81.. +357 22600800 Fax +357 22600801 dii(tyrakos.com mdr*05C AufHOftISED TINING EMPLOYER Markos Drakos & Co Ltd Independent Auditorfs Review Report To the Members of Molyvos Limited We have reviewed the unaudited financial statements of Molyvos Limited which include the statement of financlal position of Molyvos Limited at 31 December 2024, and the income statement, statement of changes in equity and notes Ipages 2 to 81 to the financial statements forthe year then ended. These financial statements are the responsibility of the Compan¢s management. Our responsibility is to 155ue a report on these financial statements based on our review. We conducted our review in accordance with the International Standard on Review Engagements 2400. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly. we do not express an audit oplnion. Based on our review, nothing has come to our attention that causes us to believe that the accompanying financlal statements are not presented fairly, in all material respects In accordance with Molyvos Limited applicable accounting standards. dre led Public Accountant and Registered Auditor for and behalf of Markos Drakos & Co Ltd Chartered Accountants Nicosia, 8 September 2025 ExeGuOve Dlrectors= Mlhas GeorgWe6 FCA. An1$ EvyenlrAICPA,Andrea8M. coiistaiitln@S FCA larkos Drakos & Co Ltd is a privatecompany registered pn Cywu$ Irey. Mmber.. 1829601 and 1$ li¢oii¢ed by tCPAC to a¢counting aiid audn9 ycfes$10tI.