REGISTERED CHARITY NUMBER: 1029145 PJAINT PAirrELN GREEK ORThODOX CHURCH AUDTfED FIN1CL STATEMENTS FOR THE YE*R 31 JULY 2025 KHI LimA8d StabJW huditor Iwrwan B155 11A1
8Aiirr PANYELEIMON GREEK Olm CHURCH CONTENTS OF THE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 JULY 202S 1 k) S 6 k) 8 statementof Flnancl•l AtMI St•t•m•ntof Fln•ncll Po*ltlon 10 11 b) 17
SAIKf PANTELÉIM<)N GRÉEK oFrrHODOX CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY2025 The trustees wesent th&r repNt lth the IlnaThsa si8tWTwts of th ¢arity fty Ihg ondgd 31 2025. Thg bu8toe8 have adopted the pro$ of N£t£11ft9 and ReFO)Irg ty Chartiw.. Statement of Rorn Pracke applkabkg to ¢harilra8 prepariThJ thw accounts in 8rdar ilh Ih& Ftnar RepxtiwJ Starthrd ap1(a]e h Ihe UK and RepubNc of Irdand IFRS 1021 leffe(ah 1 Janw 20191. OBJECnVES AND ACTivmES ObCtIVeS and aetl¥ttl•s pra(4ised in the lrfe of ts Chwth. as bytro EcjJnend arKI Local c1$ and as hterpreted. preSed and ta3ht by tr Gt Church of Chrix The Patriordte ofc(lIantiDDpl8. To Fyeswve the wiginal of Tment in Divile Worshlp aThJ in the ecdeslastlcal lrfe of ihe fatthfvl. and to mlThlster to the Fw4e th1oh sicès tthductsj ats))Ing to tha Ord•r ofthè GreAI To WKlertake phllanthTOPiC Drk forthe benefftofth0s6Mtho Fwoteckn. asslslaThx and medical ¢x&, to relEgkfi. Owalrn Is to iupiMNi 1n¢fvIth in ouitsirfth 88 adiv• mbe$ Fwish fA7mmty. ACHIEVEMENTS AND PERFORMANCE The Clirfstlan OrtIM)dox Falth and Twadltlon Lilurw every Sunday. In 3eryw h8k4 saints, feast days and Olr relvJ)u6 ceknbradons comMemornn9 the Ille olchrist and the Mrgoi Mary. The drity contlnued to lde faciNtkn for vmlmp 8(kKtion Mi lh• Gr•èk OrltrK>th)x f8Nh, tradthm and
d¢ttion81 nr da$ dur¥wJ the lo enhwTh t•thvJ. Instnjcoon IUded Greek knguage, txthre and tradltton.
Greek dandj and Byzthe (tsnt were dso tahL The o)rnmunty hal avallabje hire. W0vrj an scw( ol irK*m8 for th• Senkjr CJtIze. Club operales every Thursday b&ten 12ffj and 14.30. Phll•nthropl¢ work membe of Ihe St N4alha Greek OrttKthx Lwlies s19 dderty aNI $Kk members of the community In ho8pital¥ and care homes. akn dslritArte4J fc1 and during lh8 Chrislnw witid. FC dt•d by p8rkhk)n8fS Was
SAINT PANTELEIMON GREEK ORTHODOX CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 ACHIEVEMENTS AND PERFORMANCE Evsnts Tho tharitytrganiBed the followng events In support of its ¢haTlt8ble a¢iiwllo8 and fundraising oblecfve& 15 Augusl 2024-A summer BBQ was organised to ral$o lunds. 19 October 2024- A tradttlon81 Greok music 8nd dancing event. togetherwth a buff•t dlnner prepared by members ofthe eongr8gwlcA). was org8nls¢d byth¥ Youth OrganIsalc to ral8e funds for Ih rnpayment ofthe oJmmunlty8 loan. 19 January 2025- A frea New Ye8rfs nra$ prothded to over 120 pencerS. 26 January 2025- The mangiTrJ committee reCognid volunt•ers vA)o undèrtook relurbl$hmgnl and ropalrw)rks to the church premises. 13 April 2025- A Palm Sunday lunth was organi$8<1 In the eKJmrnunrty hall to ralse funds. 31 May. 1 Jun8 and 3 ju 2025- Three nuJs concerts wpre held as part ofthe 50th anniversary celebraffions ofth• omrnunity. 20 Juty 202S- Tho gnnu81 summar 88Q was nIsed. A¥ part of ts 50th annNersary ofthe community, eslablish8d on 27 July 1975. tho m8nagin9 ¢ommitt¢& inwttod Boatilud& Archblshop Georglos of Cyprus. tog•thar th HIS Eminence Archbishco Nltss of Thyatslra and Great 8ritstn and HIS Grace 8i$hop l•kovos of Claudiopolis. lo participate in Ihe servi¢•s. A Dfvln& Llturgywas cl•brad on 27 July 2025. follod by (X)mmerjrativ8 dinner. FINANCIAL REVIEW Rlsk Manaym•nt Th¢ Twstees re9ulaty rewew the risks fac4ng the chwity •nd satisfied Itt maintairung free reseNes at tho stated 16vèls. tOther lth Annual wswg of W finandal syst•m8 thmugh an inlemal audit pvJgramme, provides adequate resw¢es to réspond to adve nd[lI0. The tnveslml fl8ts at 119 Wlnktsy Clo88 remathad ocoJpied throughout Ihe year, generating rentsl Tncome for the Commurmty. The St Pantsbimon Pl4ygrnp ts)nlinuod b operate Irom th8 Communltys premlses and contrlbuted towards the cosfs of running th8 f11118$. Th$ ¢h Th required to repay its bank loan in fvll by 7 Odober 2024. after whh ts bank att4Mtnt was SchUled to ckjse due to a change fft the bank's Fxjlicy regardlng charttablo oryanisations. In prepar8tion. Ihe dharity opgn¢d 8 b8nk oeeount ith an ¥iteMati in¥tibJlion in Mah 2024. From May 2022, the mann9 Commlttee Under11k a foojsed effort to reduce expenditure and make addthonol unscheduled loan rop•yThs. ByAu9USt 2024. wilh the repayTnent deadllne aPPTOaLing. • shtylfall of £195.000 r&matngd. SIX mgmb8rs of th6 Commun agreed lo wovtde thls amount through Inter&st-free kjarffj. FO8[ agreernents were executed, and all appropriate due diligwKo wluTeS were completed. On 3 October 2024, the charfty suc&rysslully repald the bank loan In full. Th18 athievement was made through a SInt coif¢tho offtyt by Iho P8tshbn¥rs. for fii¢h tha TnpJtg8s axprgSS thelr sln¢gre gratiludo. Repayments of the rW nmenced 15 January 2025. and by Iho end of thg finanoal yoor {31 July 20251 tha outstandin9 b818n¢s hod been redu1 to £92.9C#). Ethls to repay the remalnw balance In full are ongoin9. Th• Twste•$ hove also ¢onwdered olher operational risks facing the charity and conttmi that apprcfjriate sy8tem8 and prwedures are in place to mlllgate the88 tsks. The¥8 ar8 documèntèd and sublad to rt9ular rnv18W to 8nsurn the conlnuad 6ff•ellvwss. R•s¢rm pow It 16 th8 pollcy of the Trustees to malntaln unrestrlcted re88rves at a prudent ttt ensurè ooing fulfilm•nt of Iha tharitys objectives. The Trustees are confident that Ihe chantys a¥set8 are bolh ¥v4il#blè and wfficiant to m•81 tha Communltys ewrent and for&s••aa obl15. STrUCTURE. GOVERNAMCE AND MANAGEMENT Qovernlng document Salnt ParrtdelrrKJn OrfMdox Communlty of Ham and Olslrfds w*$ ostabll$h8d In 1993. Thé Charitys gtsv¢mln9 a ts)n$ifjiullon orKJlnalty adopt•d on 24 Octobar 1964 8rKI Amnd•d on 17 0th)bar 1993. Pag• 2
8AIKf PANTELEIMON GREEK olm10X CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025 STrUCTURE. GOVERNAIICE AND IAANAGEMEiir AppoSntrnent of Communlty 8oard and Trust$ not less than 12 Greek OrthcJox Chiisians are membws of Ihe Comrrwnty. Ofthe 12. 8 are eK%ted by members d the and to pr10t& th¢ of the Cornmuiuty. The Cmnty 804rd ¢)ffiaaty oJnven86 the General AsSeMY ol thg Comnvjntywth the Piiest In att•ndanee. Thè Pr•$Kk of Ihe Comrr1ty Board is thè d1nAn of Ihe GèMrl K8s¢rnbty. Th• Ctyxmunty 8owd administers the affairs of ihe Commuruty me at laast ¢)rtt a morth. It au n¥jnI of I ¢huTth and issues teIpts ts any sums enterry Treagjry of tho ComrNnity. Al are pakl either by direct debrt. BACS thrtstyJh thg faster payTrw18 sceme. Whwg faster paYIlS schema pa8n1$ arè bèing s&t up, tran$8¢ti i¥ entered by one InddUd lusudty lh• PIdentI and apw•d by another luwolty the seryI. For fow theque payrynts. ltr are sb3ned by ts Pretht (( Ihtiir &PreS•Jentl and the Treaswer. Th• Treasurer deposits all mcrfy to Ihe ComrThmity at a d8terrningJ by the C(iThnlty Board. Thè TrBasurer keeps lal Sch)d COMMaa Ibl m8mb0hIp Ccrfnrnittee Icl Arrangernent Commttts¢ Id) Sodal Aff¥ws and Put4K Relalhm Ccfnmmtee The Commurtty Board rewlates matlers arn Mt pThwJed for in cOnstiknts. and in 9eneral perfonns vthalever Is in the interests of the Ccffin¥Jn6ty. The Boaryl hos th IvJht to und8rt•ks ot4Jalions Lwond Ihe wovL%lons of thè ann1 buO3a( up to tho lunit fved by the General AsSeny. Iwjt be dm To law sm t>wd the MC the )nSent ofthe Geft8 Assgnw 1$ T4uWJ. Tho Crmunity Board Fyaparss Iho k¥ Crnnlty for f91 year, 1 Jarw to 31 D8c8rr&8r. Th• ' AsSeMY of Iht C(xnrrnity IB a dall members (rf the c(rfnmuth. ImnK>vgble wopty i# rtgstered ap)ydirwJ to the law of EWKI aTrJ Wath names Lrf Trust All movaN& 8nd its propety. Oryanls•tlon As indl¢aled ate Ihe Commuiity 8oard wnbers ¥rn r8spon*N8 for manwent aThJ day to day operauon of the Community. Trustee8 represent the ccryJnty In mattets relatbJ to rfs wqjotty Iho obieoive of 8afewarthng th8 C¢mmuThtys Interests. REFERENCE ANO ADMINISTRATIVE DETAILS Reglsteyed Charlty nurnber 1029145 Page 3
SAINT PANTELEIMON GREEK ORThODOX CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025 Pdn¢lp•l #ddrn•• 660 Kenlon Road Ha Mlddlas•x HA3 9QN Ar¢hblshop ta8 LbUa$ Mlllad06 Papada8 r Sawas Andrgo Or Fana08 A ProLxJpknu Chrl$tsW$ Orthod¢)xou lacovos (Jame81 Ne0phQU Idecead 10r1120251 Anasta8 Andrna Kor¢oras DrTheodora A Chrtstou CoMmlty Board member8: Pmld•nl e PreBldenl ca Pre81d8nt So¢rotary Trea8urfjr M•mber Mernb•r M•mb•r Mernbgr M8mb•r M•mbar Dr Pan0011$ Ptt%opbu CM6taklB Orthodoxou Polr08 Cht1stofi8 Dr S¥r8flm KlrfaktdL* C. OrId0X0 Savv88 Andreou PanieI18 Oernoslhenoug G•or98 Ko$topoulo$ Demeffios Xlouts• D•m8trt08 PaYF Andre K•rw KHI tsury Llmlt•d statutory Audllor 2nd Floor, One Hobb8 Harrovlan Buuln888 Vlllage Be86t<Jrough Ro•d Mkjdlewex 13EX R•gl•t•r•d Ch•vlty N•m• Salnt Pantal•lmon Gmk Orthodox c0fiyn1ty ol HaThow and Dlltdcts EVEtrifs SINCE THE END OF THE YEAR Inf0mOn relaung to events slnce the end oflhe year18 gfvan kn th• rth to tho flmnclal •tat•m•nt STATEMENT QF TRU8TEE8' RE8PON81BILITIES The trustees are re6ponslble for prepartng Ihe Trustee8' Report end tha flnandal 8taiements In a¢x0anc0 tMth applkablo law and Vnhed Klngdom Aeexjunlftg Standard8 IUnlt•d Klngdom G•n•ralty Ace8Pt•d Accountlng Pradc•} Includlng Flnandal Reporting Slandard 102'The Flnandal Reportlng Sland8rd appllcable In the UK and RtputAk of Irslanf. Pag8 4
SAINT PANTELEIMON GREEK ORTHODOX CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 STATEMENT OF TRUSTEES. RESPONsIBILlEs- Contlnued Charity law requires the Iruslees lo prepare financial stalemenis lor eath finanaal year. Under that law, the tTUSte88 have elected lo prèpare the financial statements in accordanc8 wilh Uniied KIn)rn Genèrally Accepted Accounting Practice (United Kingdom Accounting Stsndards and applicable lawl. Und8r chanty law th8 trustees mu51 noi #pF0ve thè fina81 staiements unl8$$ Ihey are Sa.$0d that they a true and fair view of the state of affairs of the charity and ol the incoming s(Jr¢eS and applicati of resources. including the incom8 and exptndilure, of the tharity lor that period. In preparing Ihose fin8nrial stalements, the trustees 8re rgquir8d lo select suitable aecounling polKies and then apply them consistenty. obsèrvè the methods and principles in Ihe Chariliès SORP., make judgements and estimates that are reasonaNe and prtKlent". prepare the finanoal statements the gc¥ng concem basis unkns il is appropriate to presurne that th8 charity will eontinuè in busine. The INslees arè rèsponsthlè far kèèping prwr aetounliThJ records fiich disclose *ith asonable accuracy at any ts'me the financial positson ol the chanty and lo enae them lo ensur8 ¢hal the financial sta18m8nt5 comply wth Ih8 Charities Act 2011 and The Charity IAetounis arj Rèports) RègulatK)ns 2008. They are also responsible for safe9uarding the assets of th8 eh8rity and hènc8 for takin9 rea50naa Steps for the prèventKM and detection ol fraud and other irregulariknes. Approvèd by order of ¢he board ol lTht$te¢$ on 28 May 2026 and sNJned on its b&haN by.. Dr Panaylolis A Procopiou- Trnsl•• Page S
REPORT OF THE INDEPENDEKf AUDrroRS TOThE TRUSTEES OF SAINT PANTeLEIMON GREEK ORThODOX CHURCH Oplnlon W& have audit8d th¥ statements of Sainl Pwrtthmon Grook Orthcth Chur( lthe 'thariVI for th8 ar &•d 31 July 2025 ¥thith o)mprfs6 th• Statemont of Acbviltes, Ihe statnt of PosiliDn 8nd note8 to thg flnancial statements. Induthng • sumrrrary of •xountirrfJ 185. Tr fin>81 reprybng framvDrk that has boon 8pplied in thwr preFwation is app law and United Acc1 Siandarts Wnited KknKJdom G8n8rally 4xepted AcccrtjnU Prnctteel. indJ RaptrtiTrJ StaThJard 102 Tr Financial ReWr¥j SlaThJaTd appWI? in the UK aThl Rts11¢01 Iro1•)tt. In Wnkjn the ffinanti si¥iwiwits: . a Iruo •MI tsr yW ol the slate (l tho dwws •ff#w3 al 31 Juty 2025 aTrJ of Sts hKomhg resou and apIl?On ofres(Jrus. tr Ihe ys0rt1 ty>JwJ: FaTrIal Re[n9 staThIa 102 Th• R¥F#Ytiro Standard apFtsbk h the iJ( and of Ir•land" ond Ba¥1$ foroplnlon We condueted our autht h) Tmth StsTh1ards AuthtirKJ {UK) {ISAs IUK)) thj appl•l& law. Ck 8tatemenis sectlon of W¢ are Ind of the In aoIae ith 9114¢81 r8quiMnents that arè relèvant b ¢)ur oudf( of ts finanaal ststerrwts in the Ln( Inc ts FRQS Ethic¥ SlarMl8rd. and have ftjlfflled our Conelu$loM rglatln9 to golng conc•rn In artIng the statsymthts. V• hav• #Ht thg tntstee& use oftho Or¥J concem bask of ¥jnI1n9 In the irbgivhknlly or CdIti¥ety, mgy cast d¢xthi cffj th8 th8ritys ablty to a grin9 of at Othw Infommtlon In connththon wlh ow aLKIit of Ihe knncial stalwnents rn4JMsiblity is to rèad the olher inlrxmotion and. in dthng 80. mlsstatements. r•]wrgd lo d9tgrm1 ¥&tsther Ihis gives to a Ma11 ffisstatnent in Ihe financrdl siatements Infomiation. 8r8 rgqu9d k> rewi thatf•* We b rerth in ttlls rwd. Matters on whlch we are ruld lo ioport by•xc•Olon r8quire8 us to to yju rf, (n our cpin•)n.' P•p6
REPORT OFTHE INDEPENDENYAtIDT TO THE TRUSTEES OF SAINT PANTELEIMON GREEK ORTH(WX CHURCH R¥1b11lll1s Of tru¥t As explained moffj fully in the St8tthnent of TrLLStees' Respryw1. the Intstees are reSp1e kn the preparal•)n of the flnancial stAtem•nts whi¢ • Irug 81 fr vtow. suth Intemal contrc4 a6 the tmstees t1etermh& L8 necessary to enable the weparalon dfirondai Statnts that are free frnm n$£13n( due to or wor. Qur rew•lbllltle• forlhe audlt of Ihg 11n0nlI •tt•rn We have ten aFP)h)ted as auditors under Seclw]n 144 of the char9 2011 and reFhYt in aord8[ 7Mth thè ond ovant rggdolron$ rnade Lw effg¢t t[KIr. rnjsslatemenL vknetsr (kn to fraud ry ewror. and to IS a Rewt Lrf the Indept A)Jdit$ that Indudes our oplnton. Reasonable asgjrarne is a htgh levd Lrf assuran. IB not o rantee Ihat an autht conductgd in accordance Mth ISA¥ {UK) wll akw8ys d8ted a materi81 rrlsateThnt exlsts. Misststements can wise from fraud or error and are Obtsined an understsndry of the kgal armj regulawfraYwAtsts, incthwJ Charitt•s Ad 2011. Chabty SORP. 8ThJ UK finants81 repthtiNJ stsrNJanls i5SLd ty the Finanwl Repthrg Counal. as Yll a6 Ih08e imrA¢tin91knan¢W statemènt amwnts. dls¢l¢&8ufgs. lwalth ty. emplw maitws, aThJ tbery and COrr)On. Assessed cornplLqn by m8kJng inqulrw irwing reSpneO. and mwnt•irvJ vil8n¢8 fr aLxcmting esltm8tes pot&)Od bias, aThJ th¥e$tatiNj groficanVunttsual tr8nsacbon th relevant aulhoriles. audrt prrxedures requwed to ith * and r8guLat)ns to enquty of the threctors and olher Material mBstatements that arise due to fraj rAn bts harder to thJ8e that frun enor a5 they may invd daliberatè eorth81rn8nt ar&110n. A fvrther desuiption of ow for the cl ffin8r statern Is tcKthd the Flnandal Reportlng 4Jditrys.
PEPORT OF THE INDEPENDE1 AUDrroRS TO THE TRUSTEES OF SAINT PAIITELEIMON GREEK ORTHODOX CHURCH Uaè of•ur rnport Thls report is rnade solety to the thariV8 trustees, as a boty. Part 4 of Charlll8s lfvmymis arttl Reports) RaguLqtions 2C¥J8. Ojr aLwJit has been undert8kèn Ih&tM rnh1 to diailtys tr[te•S Ih088 mattor8 8Te requwed to stale to them in an 8Jitors. reFYt and Ot puryyose. To th8 fullest extenl pemitted by law, do not att•pt or assumè raiS1b11fy to An olh•r It tho thity IwuslgB8 48 a IxKty. ts our audlt lor Ihts rem. or lor the have fomwd. ry timit•J StatOry Auditor 2nd Floor. One HcJbs Hou8e. Harm¥Aan Buft•8s VIUag• Bessborough Ro Hamw Mlddlwx HA13EX 28 Miy KIMn Patsl 8A BFP FG4 {S•nhx SlattthyA
SATNT PANTELEIMON GREEK ORTHODOX CHURCH STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 JULY 2025 2025 Total fvnds 21Y24 Uwostri¢ted R¢$trid¥d fund funds find$ Notes INCOME AND ENDOWMENTS FROM Donat aTrJ 945 210,111 2111.118 other Ir8ding o¢tivilies Invg$tment In¢ome 65,284 fjS,284 107.204 53.437 103,946 107.204 275.402 107.204 382.606 386.952 EXPENDITURE ON Ralshg fijnds 42.521 42,511 Charllable a¥[08 Support ¢o$ts Church and pastoral a¢tsvitsg$ School and adUcan9IO(Iy1tl0$ Oiher Irading actmS 11XI,483 38,383 6,400 31,832 23,103 2,746 165 23.103 2.740 1.952 65,104 165.1041 Total 231.281 183.3171 167.964 220,342 Nat galnsl1h8I on invostrnents 168.0001 168.0001 19,0001 MET INCOME 44.121 102,521 146,042 157.610 RECOhlCILIATION OF FUNDS Total funds brought fovArd 361,026 4094206 4455,232 5,297,622 TOTAL FUNDS CARRIED FORWARD 4114147 5.191727 4601m4 S,4SS.232 Th notes fomi part of ts8¢ finandd 8tatemen18 Page 9
SAINT PANTELEIMON GREEK ORTHODOX CHURCH STATEMENT OF FINANCIAL POSITION 31 JULY 202S 2025 Total fvnds 2024 Tolal funds untrIcted Restrr¢¢ed fund nds Notes FIXED ASSErs Tangible assets Investment propety 313.636 3.233.627 2.056.000 3.547.263 2.056.000 3,587,613 2,124,000 313.636 5,289,627 5.603,263 5.711,613 CURRENT ASSETS Detilors Cash 8t bank and in hand 10 12,864 84,807 12.864 84,807 12,188 51,097 97.671 97.671 63,285 CREDITORS Amounts falling due thIft 16,1601 192.9001 199,0601 1134,6661 NET CURRENT ASSErs 91.511 192.9001 11,3891 171,3811 TOTAL ASSETS LESS CURRENT LiA81LrnES 405,147 5.196,727 5.601,874 5,640,232 CREDITORS Arnounts f*lin9 due after mor8 than one ar 12 1185,0001 NET ASSETS 40S.147 5.196.727 5.601.874 5,455,232 FUNDS Unreslri¢led lunds Restricted funds 14 405.147 5,196.727 361,026 5.094,206 TOTAL FUNDS 5,601,874 5,455,232 Thè finantial stalgments We opprovgd by the Board of Twste8S and 8uIIKJrised for issue on 28 May 2026 and were slgn8d on its behalf by.. f.Li°_ Dr Panayiotis A Pr0p)U- Truslee The notes lorni part ofthese finarKial statements Page 10
SAINT PAPItELEIMON GREEK ¢TH0x CHURCH NOTES TO THE FINANCIAL STATEMEtirs FOR THE YEAR ENDED 31 JULY 2025 COUNTIMG POUCIES Basls of preparlng tho ffrbandal staternts The finaneial statem•nts of th8 drity. a put4k benefft FRS 102, have been weparnd In acojrdm With the Chaiitses SOFIP IFRS 11r21 R•pJ179 by Chariti8s: stat8mt of R8comm4nd8d Prnctice aFf4icable to dwrfoes prepwirvJ Ilir •t£tynts li att4ydsnts vAlh tho Finan04 Rwling St¥ndard app1kab h thè UK aThl R•put4K of Ireland IFRS 102) leffecti¥p 1 Jry 2019),. Finan(yal Rwting Standard 11r2 Tr Finala1 Rep StaThJ8rd appfM2t4e in thè UK •bJ R$Ititi¢ of Ir and Ihe Ch8rib¥s Ad 2011. Tho under h8•ng5 that 8gwegate dl crAt related tts eatwy. t££ts canTh)t bè detty ¥lbthutd kn parti1•r Tanglblo thgd awts for us8 kn th& Lartys op8rn1•)ns. valti0Th. Rts1 inc¢Jrne frcm Investrnt is re¢>wiwd on a strawht-fjne basi% Ihe lease term and fjndud Taxatlon Fund a¢119 Page 11
SAINT PANTELEIPaON GREEK ORThODOX CHURCH NOTES TO THE FINANCIAL STATÉMENTS. ¢ontlnu8d FOR ThE YEAR ENDED 31 JULY 2025 ACCOUNnNG POLICES- cthttlfiuod Conc•s81onry loans from mmb8r8 Durtng the year the charity r1Ved unseujred, int¢wt-fre& from membsrs. Th& 108ns are wp8yable no lotsr than 1S Soptamber 2027. Thè 108ns h8v8 been reccgnised as concessionary louts at the amunt receW and are Subs0qnty measured al thg amount cut8tanding. l&ss any rep8yment$ mad6. Htre pur¢h•&• and l••slng commltmants Rentals pald undw operaDTrJ le8898 are dwggd to thè Statèmant of Fin8ndal Acbth$ on ¥ Stravjht Ilnè basL4 th& period ofthe lease. P¢n4lon and other post4•tlr•m•nt b•bwfit8 Tho d)arity opgratg$ ¥ d?fined contrilxjtion pen¥ion sch8m•. Contribultons pay8We to tr ¢hority$ pon¢)n s¢hemo •r¢ dwrgod to the Statementol Finandal Ackn1¢88 in period lo they late. OThER TRADING ACTMYIES 2025 2024 Fundraiswu 65,284 53,437 INVESTMENT INCOME 2025 2024 Ronts received 107.204 103,946 AUDrroRS' REMUNERATION 2025 2024 Fa8$ payablg to Ihe atyJitor8 for the awlil of thè chaiity# finandal $tot¢monts TRUSTEES. REMUNERATIOM AND 8ENEFIT8 Thafy wgro no Irustees, reThKmeration or other for yw wtdsd 31 Juty 2025 nor ts the yoor ended 31 July 2024. TnMt•68' oxp•n There no trJst8es' oxpws p8ld for ts year ended 31 July 2025 nor Icfthe year ended 31 Juty 2024. STAFF COSTS The average morthly numbwofempioy8e8 during Ihe Year as fol.. 2025 2024 prtest Admknistration stsff No ernpjoyees recew emoluments In ex¢es6 of£60.Q)O. P•Be 12
SAINT PANTELEIMOM GREEK oRTh0x CHURCH NOTES TOTHE FINANCIAL STATEAIENTS-Mntlnued FOR THE YEAR ENDED 31 JULY 202S COMPARATIVES Foft THE STATEIIENT OF FWIAHCLAcTmTs Totsl INCOME AND ENDOWMENTS FROM Donation8 and legades 229.S69 $3.437 53.437 103.946 103.946 Total 103.946 386.952 Relg funds 43244 43.244 Supwt costs 11x1.483 100.463 38,383 6.400 31.832 Sthrxj and educail)nal v%t*AI 31,832 101.233 1101.233) 289.743 (69,401) 220,342 {9,Cth) I9,lo} INCOMEIIEXPENDrruRE) {6.73n 164.347 157,810 RECONCILIATIOM OF FUMDS Tolal fvrKl$ broLWI fcTh7Jd 367.763 4.929,859 5.297,822 361.026 5.094.206 5.455232 Page 13
SAINT PANTELEIMON GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS-¢onttnuod FOR THe YEAR ENDED 31 JULY 2025 TAMGIBLE HXED ASSETS Improvemenis FlxtureB Frèehold propety fittings Totals COST At 1 August 2024 AdItiOn$ 4924929 309.953 45.812 4282.694 977 At 31 July 2025 3,921929 309.953 46.789 4.283.671 DEPRECIATION At 1 August 2024 Ch8ryJe fory&ar 654032 39.270 41.049 694081 41.327 At 31 July 2025 694302 43.106 NEf BOOK VALUE At 31 July 2025 3.233.627 309.953 3.547363 At 31 Juty 2024 3.272.897 4.763 3,587,813 INVESTMENT PROPERri FAIR VALUE Al 1 August 2024 Rwaluation 2.124.000 166.000) At 31 July2025 2,056.000 NET 800K VALUE At 31 July 2025 2.050.lJOO Al 31 Juty 21r24 2,124.000 Falrvalue at 31 July20251$ represtt¢d ty. Valuation in 2019 Valuation In 2022 VaIuation in 2023 Vatuation in 2024 VatiOn b) 2025 1.725.000 374.000 34.000 19.000) 168.000) 1056,000 P8g• 14
SAiiif PANTELEIMOM GREEK ORTh¢XJOX CHURCH NOTes TOTHE FINANCIAL STATEIEiifs. conthiu•d FOR THE YEAR ENDED 31 JULY 2025 10. DEBTORS: Amoupifs FALUMG DUEIfyITHIM ONE YEPA 2025 2024 7.102 6,620 12.864 12,188 11. CREDITORS: AMoui¥fs FALLING DUE %lm ONE YER 2024 Bank kns and Is•e 131 Tradg rx¢ditor 117.690 11.299 5.677 99,060 134.666 2025 185,000 13. LOAN3 2025 Bank k)ans Other kjans 117,6 91900 117.&JO nts fallb du• in mtye than frffj 185.1 14. MOVEMENT IN FUNDS Net At 11V24 31nr25 Unr•strlct•d lunth 44121 404147 st PanteIrn Chw¢h 46•5306 501.511 I399.0) 11,196,T27 094306 101521 5.196.n7 TOTAL FUNDS 146.642 5.601.074 Pwje 15
SAINT PAFifELEtAION GREEK oRTH0x CHURCH NOTES TOTHE FINANCIAL STATEMENfJ- corflnwd FOR THE YEAR ENDED 31 JULY 2025 1& MOVelllEwf IN FUMDS. wrtknued In fiJnd8 Unr•gtrlcW fvnd• 1231381) 44.121 107204 394?17 1331MOQ) (64000) 1399.000} 107204 64317 {wooo) 102,$21 TOTAL FUNDS 11SIJ84) 146.e42 Nvjl At 11e4rJ furttts 31nr24 General fund 16.7371 361,028 St Panteleimon Clmxch 4,521.859 572.347 (408.OCOI 5.094206 4,929.859 164.347 5,094206 TOTAL FUNDS 5297,622 157.610 5,455232 in fvnd8 Unrestrkt8d funds G•w¥l fuThJ 1289.7431 (6.7371 St Panteleirrw Chur 103.946 46&401 (399.0001 572.34T 1408.0001 (9.CWI 103.946 69,401 I9,{J) 164,347 TOTAL FUNI)S 386.952 1220.3421 19.OCQI 157,610 Paga 16
SAINT PANTELEIMON GREEK ORThODOX CHURCH MOTES TO THE FINANC STA7EMEIITS-¢onthu•d FOR THE YEAR ENDED 31 JULY 2025 MOVEMENT IM FUNDS- ¢¢xthu•d At 11ar23 fun 31rir25 Unr••trlct•d fund• Gonor fur 367.763 37,384 405,147 trf¢t•d fund• Sl Pantalelmon Chur¢h 4,521.859 1,073.888 {807.0001 5.595.727 1399,0001 4,929,859 5.196,727 TOTAL FUND8 5.297.622 304.252 5.601,874 A 12 •nd 12 Ml Indudad In Iho abJv• Arn In fvnd• General fvrKI {521,0241 37,384 St Panteldmon Chur¢h 211,150 862.718 {730.1)XII 1.073.888 1807,0001 17T.OTh)I 211.150 132.718 (77.OCI)I 266,888 TOTAL FUN08 769.558 {388.%J61 {77.OLM)I 304,252 1& RELATED pTy 018CLOSURE8 1& POST BALANCE SHEET EVENn Subsequent to y•w d. lh• cfjneustrAry from rn•n, l)IL un8>Jr•d, 5ni•r•il-fr•• and rop8yobb by 15 sep1ber 2027. repo1 in f. Al anUrts CAtsIv1j at 31 W 2025 bean rnpald to th6 A• ts loons rwnaingd outslanthrvj at the bglarw shoèt d•ts. ty ha CantirKd to b• récognl88d ab Ilablllll88 In the fln8ndal 818tements At 31 Juty 2025. Th repa>Thents mwje aftor tho end are dhL>Bed as a non-adlu8lng 17