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2021-03-31-accounts

~Pa e
Company Information
Report of the Directors'
and Trustees'
2-4
Report of the Independent
Auditors
58 6
Statement of Financial Activities for the year ended 31 March 2021
Balance Sheet as at 31 March 2021
Notes to the Financial Statements
for the year ended 31 March 2021
9-11

Directors and Trustees: Directors and Trustees: Directors and Trustees: Directors and Trustees: Directors and Trustees: M Ustic
S Ustic
D Sirovica
N Novak
A Krickic
N Dubaic
D Buac
N Vranjes
S Budimir
Secretary: A Krickic
Registered Office: 29 Holland Park Avenue
London
W11 3RW
Registered Company Number: 695728
Charity Number: 234682
Senior Statutory Auditor: Paul Carvell
Auditors: SFBGroup Limited
Chartered Accountants
Unit 8 Oak Spinney Park
Ratby Lane
Leicester Forest East
Leicester
LE3 3AW

Year to Year to
Note 31.03.2021 31.03.2020
Incoming
resources
Voluntary
income
Calendars 28 90
Newspaper
donations
4,752 2,128
Subscriptions 1,188 1,221
Miscellaneous (944) 5,472
Internal
Donation
120 403
Cultural
association events
5,032
5,144 14,346
Incoming resources from rent and
covenants
from clubs
Serbian Chetniks
Ravne Gore In
Great Britain Club Limited 8,340 25,000
Serbian Chetniks
(Leicester) Club
24,000 24,000
32,340 49,000
Other income
Loss of light claim receipt 75,000
Total incoming
resources
37,484 138,346
Resources expended
Charitable
activities
25,555 42,686
Governance costs 2,577 2,343
Other resources expended 17,457 32,189
Total resources expended 45,589 77,518
Net expenditure
for the year
(8,105) 60,828
Funds brought
forward
952,545 891,717
Funds carried forward 13 E944,440 E952,545

Note 31.03.2021 31.03.2020
Fixed assets 622,654 622,654
Current assets
Cash at bank and in hand 71,566 95,633
Debtors: amounts falling due
within one year 9 26,181 6,553
Creditors: amounts falling due within
one year 10 (5,608) (4,377)
Net current assets 92,139 97,809
Total assets less current liabilities 714,793 702,463
Outstanding
club balances
Leicester 31,647 34,082
London 198,000 198,000
229,647 232,082
f944,440 2 952,545
Financed by:-
Accumulated
reserves
13 E944,440 F952,545

5 Charitable
activities
Year to Year to
31.03.2021 31.03.2020
Humanitarian
donations
20,045 29,652
Cultural
section
3,650 8,109
Church
donations
160 960
AGM Costs 1,051 3,486
Membership
Costs
649 479
E 25,555 242,686
6 Governance costs
Year to Year to
31.03.2021 31.03.2020
Audit and accountancy - current year 2,577 2,643
- previous periods
2 2,577 E2,643
Auditor's
remuneration
payable in 2021 was E2,520 (2020:E2,460).
7 Other resources expended
Year to Year to
31.03.2021 31.03.2020
Legal and professional 3,840
Travel expenses 228 4,253
Office stationery 234 1,122
Wreaths 425 300
Miscellaneous 267 271
Running
costs —general
195
Running
costs —London club
481 1,010
Running
costs —Birmingham
club 14,482 19,045
Printing 1,340 1,187
Birmingham
insurance
claim 966
E 17,457 E32,189

8 Fixed assets —Tangible assets assets
Freehold
~Pro err
Cost and net book value
At 31 March 2020 and at 31 March 2021 E622,654
9 Debtors: amounts
falling
due within one year
31.03.2021 31.03.2020
Debtors control account 540 262
Serbian Chetniks
(Leicester)
Club 24,000
Other Debtors 1,641 6,291
F26,181 f 6,553
10 Creditors: Amounts
falling
due within one period
31.03.2021 31.03.2020
Trade creditors 2,295 437
Accrued charges 3,313 3,940
E 5,608 f 4,377
11 Trustee and director expenses
The trustees
and directors
are not paid for their services although are reimbursed for travel
and other expenses.
12 Related Party Transactions
The charity has incoming resources via rent and covenants in respect ofthe following entities:
Year to Year to
31.03.2021 31.03.2020
Serbian Chetniks
(Leicester)
Club 24,000 24,000
Serbian Chetniks
Ravne Gore In
8,340 25,000
Great Britain Club Limited
13 Accumulated
Reserves
Profit and
Loss Account
Funds at 1 April 2020 952,545
Net expenditure
for the year
(8,105)
Funds at 31 March 2021 F 944,440