Reglstered Company No. 695728
England and Wales
Charity No. 234682
ASSOCIATION OF SERBIAN C
RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
SFB GROUP LIMITED
CHARTERED ACCOUNTANTS
UNIT 8 OAK SPINNEY PARK
RATBY LANE
LEICESTER FOREST EAST
LEICESTER
LE3 3AW

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
coNTE￿rS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Pa
Company Information
Report of the Directors, and Trustees.
Report of the Independent Auditors
Slalement of Financial Activilies lor the year ended 31 March 2025
Balance Sheet as at 31 March 2025
10
Notes lo the Financial Statements for the year ended 31 March 2025

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025
Directors and Trustees..
M Ustic
S Ustic
D Sirovica
N Novak
A Krickic
N Dubaic
D Buac- Resigned 1010512025
N Vranjes
S Budimir
V Ilic- Resigned 0710912024
M Ristic
G Stojsavljevic- Appointed 0710912024
D Susa- Appointed 0710912024
Secretary:
A Kiickic
Registered Oflice..
29 Holland Park Avenue
London
W11 3RW
Registered Company Number-
695728
Charity Number:
234682
Senior Statutory Audilor-
Paul Carvell
Audilors..
SFB Group Limited
Chartered Accountants
Unil 8 Oak Spiriney Park
Ratby Lane
Leicester Forest East
Leicester
LE3 3AW

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE DIRECTORS, AND TRUSTEES.
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also directors of the Charity for the purposes of the Companies Act, submit their
annual report and the audited financial statements lor Ihe year 8nded 31 March 2025. The trustees
have adopted the provisions of the Stalemenls of Recommended Practice ISORPI "Accounting and
Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the
charity.
The charity is a charitable company limited by guarantee and was established on 16 Junè 1961.
Objectives and activities
The financial assistance of all persons of the Serbian Race in Great Britain who are in need
and who are disabled or ill as the result of war, or aged. or orphaned, or sick, or families of Serbian
Chetniks who gave their lives during World War11 in the Serbian Chetnik Movement and are in neèd
ol such help.
The Serbian Orthodox Church and any Charitable Serbian Institution for the furtherance of
Serbian customs. culture. and language.
lili) The establishment and maintenance of accommodation for persons of the Serbian Race
who are ol limiled m8ans and who are seeking reluge in Great Britain.
Struclurej governance, and management
The charity is governed by its Memorandum and Articles of Association. The truslees are mindful at
all times of The Charity Commission's guidance on public benefit.
Directors & Trustees
The following directors and trustees have held off ice from 1 April 2024 to Ihe date ol this report:
M Ustic
S Ustic
D Sirovica
N Novak
A Krickic
N Dubaic
N Vranj8S
S Budimir
D Novak
M Ristic
Other changes in directors holding office are as lollows-
V Ili¢- Resigned 0710912024
D Buac- Resigned 1010512025
G Stojsavljevic- Appointed 0710912024
D Susa- Appointed 0710912024

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE DIRECTORS. AND TRUSTEES.
FOR THE YEAR ENDED 31 MARCH 2025
Statement of directors. and trustees. responsibilities
The directors and trustees are responsible lor preparing the Dirèctors, and Trustees, Report and Ihe
financial statements in accordance with applicable law and United Kingdom Accounting Standards
{Uniled Kingdom Generally Accepted Accounting Praclicel.
Company law requires the trustees to prepare financial statements lor each financial period. which
give a Irue and lair view ol the slate ol affairs of the charity and ofthe incoming resources and
application of resources, including the income and expenditure, of the charity for the period. In
preparing these financial statements, the directors and trustees are required lo..
select suitable accounting policies and then apply them consislently.
observe the methods and principles in the Charities SORP,.
make judgements and estimates Ihat are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial stalemenls.,
prepare the financial slatements on the going concern basis unless it is inappropriale to presume
that the charity will continue in operation.
The directors and trustees are responsible lor keeping PToper accounting records that disclose wilh
reasonable accuracy al any liffle the financial position of the charity and enable them to ensure Ihat
the financial statements comply with the Companies Act 2006. They are also responsible lor
safeguarding the assets of the charity and hence for taking reasonable steps lor the prevention and
detection ol fraud and other irregularities.
Financial review, achievements, and performance
The draft accounts for the year ending 31 sl March 2025 are enclosed with this report. They have been
audited by the accountants and approved. If you have any queries relating to them then please
contact the Association Treasurer by email afnt
scr
or wiite to 29 Holland Park Avenue,
London W113RW.
In the pasl twelve months, the charity has managed to maintain sufficienl reserves lo see through the
year with year on year improvemenl.
The Association's voluntary income has increased by approximately £8400 when compared to the
previous period, April 2023 to March 2024. This is primarily due to the sale of Badgeslcoins and the
holding ol the Srpski Dan event.
The London Club has rnade rent payments in lieu of the Lease agreement being agreed, which is
ongoing.
The Leicester Club continued its renlal payments in line with the newly agreed schedule, with all loan
payments also up to date.
With the allocation ol funds after J&NN departed Dinara, we are able lo report an incomeof
£7.100 from the Birmingham Club. Unfortunately, there were no further rent payments received.

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE DIRECTORS, AND TRUSTEES,
FOR THE YEAR ENDED 31 MARCH 2025
Finanoial review, achievernents, and perforrnan¢e continued
Our overall expenses have increased by around £21,000 from the previous year. Our charitable
expenses have increased by around £14,341 due lo the return of our events {Srpski Dan) and the
creation of our Badges and Commemorative Coins. Our costs at Dinara have also increased as
currently there is no lenanl in place. All other expenditure is being tightly controlled to minimise the
risk lo the Association.
The financial situation is always a concern due to the sectors that the Clubs operate in. However, our
cubs conlinue lo operate and generate an income. The situation al Ihe Birmingham Club remains a
concern. Notwithstanding that, the current prospects remain positive.
Charltable oblects
We have pursued our charitable objects in the following ways this year:
We have continued to contribute to the production ol th8 International Lisl Srbija newspaper.
We have again provided parcels of food and drink to our veterans to lift their spirits and show
them that they are remembered by the Association.
We donated £4,000 lo our folklore group Avala towards thelr costs, enabling them to
partlcipate in an international folklore lestival in Vienna.
We helped promote a number of hislorical books relating to th&etniks in the second wodd
war in Yugoslavia. We have purchased 40 copies of 'The Knights of the Karadjordje Star,, by Dejan
Djeric and Zoran Nedeljkovi.
We hosted the following key Associalion èvents in 2024-25.. Djurdjevdan, Srpski Dan, Drazin
Dan, Karadjordjevdan and Dan Dinarskecetnicke Divizije.
Dusan Buat and Nenad Vranjes helped lo run Smolra. the largest Serbian folklore event in
the UK and at which all of our Pokrel groups performed.
We have continued working on an exhibition of roller banners lo record our history and to
use them lor educalional purposes.
Our Cetnik Clubs have been available for member's personal events such as lunerals and
also lor community events run by the Association and by local Serbian Orthodox parishes. These
include an annual Easter party in Leicester lor local children.
The Leicester Dom provides a venue, free of charge, for the local lolklor8 group, Tromedja,
lo practise and hosts weekly classes for the Serbian School attended by around 15 children.
The Ravna Gora provides accommodation lo those frorn Serbia who are receiving medical
treatment in the UK and are in need of assistance. Accommodation has also been provided at
discounted rates to Ihe many visitors from the Serbian Orthodox Church.
The annual wlnter aid payment was paid In December 2024 to our retired and eldedy
members and to our widows.

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE DIRECTORS. AND TRUSTEES,
FOR THE YEAR ENDED 31 MARCH 2025
Statement as to disclosure of Informatlon to the Audltors
We, the directors, and trustees of the company who held office at the date of approval of these
Financial Slalements, as sel out abov&, 8ach conlirffl so far a5 we are aware. that:
there is no relevant information ol which the company's audilors, are unaware,. and
we have taken all the steps that we ought to have takon as directors and trustees in order to
make ourselves aware of any relevant information and lo establish that the company's audilors
are aware of that information.
Audllors
SFB Group Limited were re-appointed auditors lo the company and in accordance with section 487,
of the Companies Act 2006, a resolution proposing ihat ihey be re-appointed will be pul at a General
Meeting.
This report has been prepared in accordance with the special provisions ol Part 15 of the Companies
Act 2006 relating to small companies.
30th November 2025
This report was approved by the Board on .
D Sirovic
Trus
A Krickic
Secretary
M Usti
Treasurer

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE INDEPENDENT AUDITOR'S TO THE TRUSTEES AND DIRECTORS OF
ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN GREAT BRITAIN LIMITED
Opinlon
We have audited the financial statements of Association of Serbian Chetniks Ravne Gore in Great
Britain Limited for the year ended 31 March 2025 on pages nine to fourteen. The financial reporting
frarnework that has been applied in their preparation is applicable law and United Kingdom Accounting
standards (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entilies),
including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK
and Republic of Ireland..
In our opinion the financial statements..
give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its
profit for the year then ended-
have been properly prepared in accordance with United Kingdom Generally A￿pted
Accounting Practice FRS 102 as applicable to Smaller Entities., and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis of opinion
We conducted our audit in accordance with International Standards on Auditing {UKI IISAS {UKI) and
applicable law. Our responsibilities under those slandards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of
the company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufFi¢ient and appropriate to provide a basis for our opinion.
Conclusions relating to going Concern
In auditing the financial statements, we have concluded that the directors, use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identrfied any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the company's
ability to Gontinue as a going con￿rn for a period of at least ￿e1ve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the dir6Ctors with respect to going concem are
described in the relevant sections of this report.
Other inforniation
The directors are responsible for the other information. The other information comprises the
infomation in the Report of the Directors and Trustees. but does not include the financial statements
and our Report ofthe Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the ather information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or othemise appears to be materially
misstated.

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE INDEPENDENT AUDITOR'S TO THE TRUSTEES AND DIRECTORS OF
ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN GREAT BRITAIN LIMITED
11 we identify such material inconsistencies or apparenl material misstatements, we are required to
determine whether this gives rise to a material misslatement in the financial statements themselves.
I, based on the work we have performed, we conclude that there is a material misstatement ol this
other information, we are required to report Ihat fact. We have nothing lo report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audil..
the information given in the Report of the Directors and trustees lor the financial year lor which
the financial statements are prepared is consistent with the financial slatemenls. and
the Report of the Directors and Trustees has been prepared in accordance wilh applicable legal
requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding of the company and its environment obtained in the
course ol the audlt, we have not identified material misstatements in the Report ol the Diroclors and
Truste8s.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires
us to report lo you if, in our opinion-
adequate accounting records have not been kept, or raturns adequate for our audit have not
been received ITOM branches not visited by us., or
Ihe financial statements are not in agreement with the accounting records and returns- or
we have not received all the information and explanalions we require lor our audit- or
the directors and Irustees were not entitled to prepare linancial stalemen15 in accordance wilh
Ihe small companies r8gime and take advantages of the small companies, exemption from the
requiremenl to prepare a Strategic Report or in preparing the Report ot the Directors and
Trustees.
Responsibilities of directors
explained more lully in the Statement ol Directors. Responsibilities set out on page Iwo, Ihe
directors are responsible for the preparation ol the financial statements and for being satisfied that
Ihey give a true and fair view, and for such inlernal control as the directors determine necessary to
enable the preparation of financial slatemenls that ar8 free from material misstatement, whether due
to fraud or error.
In preparing ihe financial statements, the directors are responsible for assessing the company's ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis ol accounting unless the director5 either intend lo liquidate the company or
to cease operations, or have no realistic alternative bul lo do so.
Audltors, responsibilities for Ihe audlt of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free Irom rnaterial misstatement. whelherdue lo Iraud or error. and to issue a Report ol the
Auditors that includes our opinion. Reasonable assurance is a high level of assurance, bLAI is not a
guarantee that an audit conducted in accordance wilh ISAS {UKI will always detect a material
misslalement when il exists. Misstatements can arise from fraud or error and are considered material
if, individually or in the aggregate, they could reasonably be expected to inllL¢ence Ihe economic
decisions ol users taken on Ihe basis of these financial slalements.

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
REPORT OF THE INDEPENDENT AUDrfoR'S TO THE TRUSTEES AND DIRECTORS OF
ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN GREAT BRITAIN LIMITED
The extent lo which our procedures are capable of detecting irregularities, including Iraud is delail6d
below..
enquiry of management around actual and potential litigation and claims,.
enquiry of management lo idenlily any instances ol non-compliance with laws and regulations;
reviewing minutes ol meelings ol Ihose charged with governance.,
reviewing financial statement disclosures and lesling lo supporting documentation to assess
compliance with applicable laws and regulations.
performing audil work over the risk of management override of controls, including lesting ol journal
entries and other adjustments lor appropriateness, evaluating the business rationale of significant
transactions outside the normal course of business and reviewing accounting 8slimates lor bias.
Because ol the inherent limitations of an audit, there is a risk Ihat we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-compliance with
r8gulalion. This risk increases the more that compliance with a law or regulation is removed from the
events and transactions reflected in the financial statements, as we will be less likely lo become aware
of instances of non-compliance. The risk is also greater regarding irregularities occurring due lo fraud
rather than error, as fraud involves inientional concealment, forgery, collusion, omission or
misrepresentation.
A further description ol our responsibilities for the audit of the financial stalemenls is located on the
Financial Reporting Council's websile at www.frc.org.uklauditorsresponsibilities. This description
forms part ot our Report of the Auditors.
Use ot our report
This report is rllade solely lo the company's members, as a body, in accordance with Chapter 3 01
Part 16 01 the Companies Act 2006. Our audit work has been undertaken so that we might stale lo
the company's members those matters we are required to state lo them in a Report of the Auditors
and lor no other purpose. To the lullest extenl permitted by law, we do not accept or assume
responsibility to anyone other than the company and the company's members as a ix)dy, for our audit
work, lor Ihis report, or for the opinions we have formed.
Paul Carvell BFP FCA {Senior Statutory Auditor)
for and on behalf of-
SFB GROUP LIMITED
Chartered Accountants
Unit 8 Oak Spinney Park
Ratby Lane
Leicester Foresl Easl
Leicester
LE3 3AW
2nd December 2025
Date..

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
STATEl4lENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
Year lo
Year to
31.03.2025 31.03.2024
Incomlng resources
Voluntary income
Calendars
Newspaper donations
Subscriptions
Miscellaneous
Cultural association events
30
4,018
1,882
4,777
6,985
30
3,096
1,515
3,775
17,672
9,302
Incomlng resources from rent and
donations frorn clubs
Serbian Chetniks Ravne Gore In
Great Britain Club Limited
Serbian Chetniks {Leicesler} Club
J&NN Properties Limited
45,000
24,000
7,100
24,000
28,400
76,100
52.400
Other income
Interest r8ceived
255
Total incoming resources
93,772
61,957
Resources expended
Charitable actlvltles
52,672
38.331
Governance costs
3,849
3,130
Other resources expended
35,268
29,030
Total resources expended
91,789
70.491
Net incomellexpenditurel lor the year
1,983
18,5341
Funds brought IoTward
934,540
943,074
Funds carried forward
13
936,523
934,540

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
10
BALANCE SHEET AS AT 31 MARCH 2025
Note
31.03.2
31.03.2
24
Fixed assels
Tangible assets
Investment propety
136,795
485,859
136,795
485.859
Current assels
Cash at bank and in hand
142,928
136,092
Debtors
49.221
48,970
Creditors: amounts falling due wlthin
one year
10
18,0191
{7,780)
Net current assels
184,130
177,282
Total assets less current liabllltles
806,784
799,936
Outstsnding club balances
Leicester
London
9.739
120,000
14,604
120,000
129,739
134,604
936.523
934.540
Financed by.. -
General reserves
VMD reserve fund
Loss ol Light Res8rve
Kolo Sestara Txfr
872.943
12.555
50,000
1,025
921 .985
12,555
Aceumulated reserves
13
936,523
934,540
The directors and trustees acknowledge their responsibilities for ensuring that the cornpany keeps
accounting records which comply with section 386 of the Act and tor preparing financial statements
which give a true and lair view ol the stale ol affairs ol the company as at the end of the financial
period and of ils profit or loss for the financial period in accordance with the requirements of sections
394 and 395 and which otheNise comply with the requirements of the Companies Act 2006 relating
to accounts, so far as applicable lo the company.
These financial statements have been prepared in accordance with the provisions applicable lo
companies subject to the small companies, reg
me within Part 15 01 the Companies Act 2006 and
wilh the Financial Reporting Standard 102, a
applica
le to small companies.
Approved by the Board for issue on ,
M Uslic
Treasurer and Director
Company Registration No. 695728
301h November 2025

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
11
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Constilution
Th8 Association of Serbian Chetniks Ravne Gor8 in Gieat Britain Limiled is a registered charity whose
purpose is set out in the objectives and activities seclion ol the Directors, and Trustees, Report on
page 2 to these linancial statements.
Accounling policies
lal
Accountlng conventlon and basls of preparatlon
The financial statements have been prepared under the historical cost convention, with the exceptior)
of investments which are included at market value. The financial statements have been preparad in
accordan¢e with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities": Statement
of Recommended Practice {SORPI applicable to charities preparing their accounls in accordance
with the Financial Reporting Standards applicable in the UK and Republic of Ireland, Financial
Reporting Standard 102 'The Financial Reporting Standards applicable in the UK and Republic of
Ireland" and the Charities Act 2011. The financial statements have been prepared under the historScal
cost ¢onvention.
Ibl
Company status
The company is limited by guarantee. The members have a lim¢ted guarante8 of 25p in the event of
the company being wound up.
Ic}
Fund aceounling
General funds are unrestricted funds which are available lor use at Ihe discretion of the trustees in
furtheran￿ of thè general objectives of the charity and which have not been designated for other
purposes.
{dl
Incoming resources
All incoming resources are included in the Slalement ol Financial Activities ISOFAI when the charity
is legafiy entitled to Ihe income and the amount can be quanlitied with reasonable accuracy. For
legacies, entitlerllent is the earlier of the charity being notified ol an impending distribLrtion or the
legacy being received.
Gifts in kind donated for dislribution are included at valualion and recognised as income when they
are distribuled to the projects. Gifts donated for resale are included as income when they are sold.
Donated facilities are included at Ihe value to the charity where this can be quanlilied, and a third
party is b8aring the cost. No amounts are included in the financial statements for services donated
by volunte8rs.
{el
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all Costs related to the calegory. Where costs cannot be directly attributed to particular
headings, they have ￿en allocated to activltles on a basis consistent with use of the resources.
10
Tangible fixed assets and depreciation
Freehold property is not deprecialed as market values are considered lo exceed cosl. The directors
and trustees consider that the departure from the general requirement ol the Companies Act 2006
for all tangible assets lo be depreciated, is necessary lo give a true and fair view.

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
12
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
(g)
Investment Property
Investment property is shown at most r8cenl valuation. Any aggregate surplus or deficit arising from
changes in lair value is recognised in profil or loss.
Income
The company's income comprises subscriptions, rent and covenanted income from ciubs.
Taxation
Analysis ol the tax charge- No liability lo UK Corporation Tax arose on ordinary activities for the year
ended 31 March 2025.
Charitable activities
Year to
Year to
31.03.2025 31.03.2024
Humanitarian donations
Cultural section
Church donations & s8rvices
AGM Gosts
Membership Costs
18,584
28,595
605
4,525
363
18,866
13.801
490
4,836
338
£ 52.672
£ 38.331
Governance cosls
Year lo
Year to
1.03.2025 31.03.2024
Audil and accountancy
£ 3,849
£3,130
Auditor's remuneration payable in 2025 was £3.543 {2024'. £3,336)
Other resources expended
Year to
Year lo
31.03.2025 UL2024
Running costs
Leicesler club
London club
Birmingham club
Legal and professional
Miscellaneous
Office stationery
Prinling
Travel expènses
Wreaths
54
9,900
22,529
7,918
1,995
537
795
937
503
7,682
5,533
520
622
1,247
3,006
520
£ 35,268
£ 29.030

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
13
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Fixed assets- Tangible assets
Freehold
Cosl
At 01 April 2024
£ 136,795
Net Book Value
Al 31 March 2025
£ 136,795
Fixed assels Investmenl Property
Investment
Pro
Cost
At 01 April 2024
£ 485.839
Net Book Value
At 31 March 2025
£ 485,839
Investment property is disclosed at fair value each year and is currently still based on the valuation
on IV May 2020 by Walton & Hipkiss in accordance with the RICS valuation Global Standards 2017.
Debtors: Amounts talling due within one year
Year to
31.03.202
Year to
Debtors conlrol account
Serbian Chelniks (Leicesterl Club
Oth8r Debtors
33,658
5,248
3,747
25,933
5,248
7.285
£ 42,653
£ 38,466
Amounls falllng due after more than one year:
se￿lan Chetniks (Leiceslerl Club
£ 6,568
£ 10,504
Aggregato amounts
£ 49.221
£ 48,970
10
Creditors: Amounts falllng due wlthln one year
Year lo
Year to
3.2024
Trade creditors
Other creditors
Accrued charges
2,849
1,025
4.145
4,444
3,336
£8,019
£ 7,780

ASSOCIATION OF SERBIAN CHETNIKS RAVNE GORE IN
GREAT BRITAIN LIMITED
14
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11
Trustee and director expenses
The Iruslees and directors are not paid for their services although are relmbursed for Iravel and other
expenses.
12
Related Party Transactions
The charity has incoming resources via rent and donations in respect of the following entilies..
Year lo
Year to
1.03.2025 31.03.2024
Serbian Chelniks (Leicester) Club
Serbian Chetniks Ravne Gore In
Great Brilian Club Limited
24,000
45,000
24,000
13
Accumulated Reserves
Profit and
Loss Account
Funds at 1 April 2024
Nel income for the year
Transfer to other reseNes
921,985
1,983
151,025)
General reserves
872,943
VMD rèserves
Loss ol Light ReseNe
Kolo Sestara Txfr
12,555
50,000
1,025
Funds al 31 March 2025
936,523
14
Limited by Guarantee
The company is limited by guarantee.
The members have a limited guarantee of 25p in the event of the company being wound up.