Charity ftUm￿r. 1tM0908 ST ATHANASIOS CAMBRIDGE UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ST ATHAIIA8IOS CAIIBRIDGE CONTENTS Page Reference and admini8tr4tive detsils ofthe Charity. its Tnwteu and adviser Tn￿te¢s, rèport Independènt examinerfs report ststoment of financial activltios Balanc• sheet Notrg to thè financial statements 8-18 REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. Irs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Trnst••s Archbishop Nikrtas knoulias. Chair lappointÈd 16 January 20221 Rev. Costakn"s Amdreou GaribaldiTh)s (appointed 16 January 2022) Andreas Socratous Constrntinides {apwinted 24 August 2021) George Gregory Pippas {ap￿inted 24 August 2021) Nictsjlas Demtss Hwris (appointed 24 Marth 20111 Charity rngistwed numb•r Princlpal offk• 154 Chery Hlnton Road Cambridge CB17 Page 1 TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2Q22 The Trusteès presenl their annual report together vrith thè finanrAal ststements of thè Graek Orthodox Ctsrnmunrty of St Athanasios Cambridge for the year 1 January 2022 to 31 Dtr*mber 2022. Objectlv¢s and actlvities a Policies and obiectiv•s In setting objethes and planning for acbwties, the Trustees hava gwen due eonsidèration to gèneral guidance published by the Charity Commiss*)n rdating to pU￿1C benefit. indLKling Ihe guidanee 'PUbl￿ bènefft.. running charity IP821'. b. Maln actlvities undertaken to fUrt￿rth* Charfws purposes for the public beft•fft The activities of the Charrty ts Ihal of a0￿aM￿j the Chrislian Orthodox faith. Greek Language, Ciwlisation. ideals and public education. To wowde f*ilities in the Inte￿5t of social welfa￿ for recreation and leisure time activrties wrth the obieL# of improvrng the condrtion of the life of the parishionèrs of Cambridgè and the surrounding districts. Achi•v•rnents and p8rfomvnc• a. Main a¢hi•v•m•nts of thè Charity The Chanty provKJes ¢hurch seryices and a Gred( S￿￿1. togethervrith faoirbes for thè elderly. Finanei¥l rnview a. Going conc•m After making apprtspriatè enquiries, the TnJstees have a reasonabl8 exFe(Xation that the Charity has adequate resources to continue in operational existenee for Ihe foreseeable fLrtLEre. For this teason. thèy conth.nue to adopt the going concem basis in Pfeparing the financial staternents. Further delails regarding the adoption of the going conc£m basis (an ￿ found in the a￿ntir￿j po￿￿e$. Strneture. gOv•m•￿• and manag8fflent a. Constitution St Athanasios Cambrrdge is a registered number 10409)8. and is ¢xJnstituted undèr a Trust dèed. b. Mthods of appointm•nt or •lectlon of Trust The management Charity is the Tesponsibihty of the Trustees who are dected and ¢Wed undw the ternis of the Trust deed. Membèrs. Ilabilty The Mèmbers of the Chaiity guarantee to r￿n1￿"bUte an amtsunt not exceeding £110 the assets of tt)e Charity in the event of winding up. Pa￿2 ST ATHANASIOS CAMBRIDGE TRUSTEES. REPORT ICONTINUEDI FOR ThE YEAR ENDED 31 DECEMBER 2022 The Tr[￿eeS ar• re5pongble lor weparing th• Trusl¢gs' rewrt aThJ the statements in accordance wil Practic•l. •ch financial sear whKh a tnje and lair viv* of Ihe slate of affairs of the Charity and of its incoming resoureos 4nd applicats.on of resourres. inthdry its irK(Th grKI that per￿￿. In weparing thesg Imn￿31 51atements, the Twstse5 are wuwed to.. select sur•bkn agyJJnting 8￿j Ih8n 4pptythem eonswnty. ¢Jbserve the methods and prinC¥p￿S ofthe Chanl*s SORP IFRS 1021,. makg judgments and accounbng *stim8tes Ihat are reasonabkn and prtthnt: stste whether applicable UK Arywnty"ng Stsndards IFRS 1021 be￿ f0lkThV￿. subi•ct to any matenal departures disdosed and expkined in the finarrial ststements,. prepare the financial statements <)n Ihe gtiiThJ ¢x)ncem ti• w41eBs il is inappropriate to pre8um• thAt th8 Chaity wiu continue in twjwrw Trustees arn responslt4e for kgepirwJ adequ8ie accountiNJ records that sufficient to show and explain th• Chartls transactions and disdose ieasonat4e acujratry ai any trme the financial position of Ihe Chaiity an¢1 enable thern to ensure that the finanu81 51atements cornply wAth the Charities Act 2011, the Charity [A￿oUnts an¢J Reports) RegulaI￿n$ 2008 and Ihe kKW5ions of th8 Trust ¢Jee(l. They a*• also responsible for safeguèrdirrtJ the assets ofthg ChaTlty8nd frx rfrasonabb steps for the prevent*)n and dfrtèction of pyob•J by LYd•rof the memkn oltr• ofTnth on 24 July2Q4 ar￿ wi•J on thelr beh411 ty. .. f/fffj7 ST ATHANASTh CAIABRIDGE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENOED 310ECEMBER 2022 Independent Exab￿1n*rj Report to th• Tnot¢es of St Alhana¥ios Cambridge llhe Charlty} I report to the charity Trustees on my examinatKJn of the *counts of thè Charity for thè year ended 31 December 2022. Responsibilili•s and Basis of Report As the Tnjstees ol the Charity you arè responsible for the preparation of the acyxunts in aC￿rdanCe wth the requirements ofth• Charrbes A(# 2011 (the 2011 Arf). I report in resped of my examination of the Chantys ac£tsunts carried out under section 145 ofthe 2011 Act and in ￿rrying out my examination I have followed the applicab￿ Direclions gtven by the Charity Commission under section 14515llb} of the 2011 Act. Indèp•ndent Examin•rfs Ststsm?nt y￿￿T attention is drawn to the fad that the Charity h•$ prepared the aC￿unts in at*)rdance A¢￿UntIng and Reporting by Charrties.. Slatement of Recommended Practicè applicable to charities preparing their accounts in accordanrE with the Financial Reporbng Stsndard appltsble in the UK and Republic of Ireland {FRS 1021 in prefèrence to the Accounting and Repo￿A9 by Charrties." St*ement of Recommended Practice is$L￿d on 1 April 2005 whth is refeThed to in the extant regulaiiws blrt has baèn withdfawn. l understand that this has been done in Order for the accounts to prowde a true and fair ￿tW in aCCOfdance with thè Generalty Accepted Accounting Pradice èfferAive for reportin9 periods beginning tjn or after 1 January 2015. I hav8 comp￿ted my examination. I C￿nfirn) that no matters, oth•r than those fulty detailed below. have comè to my attènb.on in o)nnection with the examinalion y￿1n9 me reastsnab￿ cause to believe that in any material respect." ae¢ounling records werè not kept in iespeet of the Charity as required by sedion 130 of th9 2011 Actr, or the accounts do not •xord those re￿rdS.. or the a￿OuntS do not compty writh the applicable requiwients conc*ming the fom) and content of accounts set out in the Chanties (Accounts and Rewrtsl Regulations 2fMJ8 other than any requiremènt that the attounts gNè a and fa"f ¥i8w whith Th)t a rnatter con￿d￿re￿ as part of an independent examination. l that therè are no other mattats lo whK* 5￿ur attention should be drawn to *r*b￿ a propèr understanding of the accourts to be reached. Disclosure S•ctlon The actNities of the Greek School of St Athanas￿$ Cambndge are dealt separatety by a Goveming Commrttee ele(aed by parents of thè Sth)ol. overseen by ts Trustees. As the school comès under the Charity the results over the years have been induded in this yèa¢s ac(x)unts, whiL* $h(Mf an inflated income. but are in line wth the ass8t, Controlled by the Trust￿ oflhe Chanty. This réport is made solety io the Charitys Trustèès. as a boty. in arax)rdan￿ with Part 4 of the Charrties (Accounts and Reports) ReguLabons 2008. W work has been undertaken so that I might stsk to the Charitys Trust88s those matters l am reqUi￿d to state to them in an lThJeFondent examiners report and for no other Page 4 INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 purpose. To the fullest exlent permrtted by I do not a￿ept or assume ￿SpOnsibl1￿ to anyong other than the Charty and the Ch31tys Trustees as a boty, fof my work ￿ for this report. Signed.. Dated". 24 Juty 2024 FCCA P O Box 7800 Mayfair London W1A4GA Page 5 STATEMENT OF FINANCIAL ACTIVTnES FOR ThE YEAR ENDED 31 DECEMBER 2022 Unwtricted funds 2022 Total nds 2022 Total funds 2021 Income from: Other trading ac Investments other income SO.967 78.620 25.000 50,967 78.620 25.000 50.404 30 11,280 Totsl Incom• 154.587 154.587 61, 714 EX￿nd￿rn on: Roi5ing fvnds Charitable acts4tyts8S 2.626 37.799 1,380 51,887 37.799 Totsl expendlbjre 40h2S 40A25 53,267 Net movem•nt In funds 114,162 114.162 8.447 Reconciliation of funds: Total funds bcought fowrd Net movement in fijnds 1234.868 114.162 1,234,868 114.162 1,226.421 8,447 Totsl lunds c•rried forward 1J49.030 1,349.030 1.234,868 Tha Statemerrt of F￿an(￿al Ac*¥ths al gains and hjsses r￿rUsed n the year. The notes on pa9e$ 8 10 18 fonn part ofthese fi￿lia1 statements. Page 8 ST ATHANASIOS CAMBRIDGE BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Fl¥•d •8*ets T8ngibb assets 12 1.091.360 1.091.360 1.OY1.380 1.091.360 Current J*s•ts Cash at bank arKf in hand 259.170 143,508 259,170 143.508 Credrtors.. amounts fanir¥J due thin o 13 {1,500) N•t curr•nt aM•ts 257.670 143,508 Total ••set* currnnt Ilablr￿•s 1,349.030 1.234.868 N•t as••ts •xcludlng p•n•lon M••t 1.349.OXI 1,234.868 T*￿1 a¥s•ts 1.349.030 1,234.868 Charlty fund• Restricted funds Unfeslricted funds 15 15 1,349,030 1,234,868 Total lunds 1,349,030 1.234.868 The financial sl8tem8nts approved and for issue by the Trustees on 24 Juty 2024 and signed on their behalf by. Th• no¢•$ on pagos 8 fomi part of these fin8no* $tste￿￿nts. Page 7 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR E14DED 310ECEMBER 2022 Genernl Infonnation Enter text he￿- us•r inpul Accounllng poNcl•¥ 2.1 8¥sig of pr•pardtion of financial •t¥tements The financial statements have been prepared in accordance with the Charibes SORP IFRS 1021- Accx)unting and Reporting by Charities.. Statement of Reo)mmended Pracb"ce applicable to charities preparing their accounts in accordan￿ with the FinancAal Reporting Standard applicable ill the UK and Republic ol Ireland {FRS 1021 {effecty"ve l January 20191. the Finanual Reporting Standard applicable in the UK and Rep￿IC of Irdand IFRS 102} and the Charthes Act 2011. Thè financial statements have been prepared to give a Irue and fairf wew and havè departed from the Charitses {Ac£ounts and Reports) Re9￿atiOnS 2008 onty to Ihe extent Tequired to prowde a'true and laif ￿ew. This departure has Invofved folk)wng the Charrties SORP IFRS 1021 published in October 2019 rather than the Aexx)unling and Rèporling by Charityes.. Ststement of Recomrnended Pract'ce effective from 1 April 2005 whith has since been withdrawn. St Athanasios Cambridge meets the definrfion of a putAic benèfft entty under FRS 102. A$sets and liabilrt*s are initialty recognised at hislryical cost or transathon ¥a￿e unless othe￿iSe stated in the rèlevant aoxjunting poliry. 22 Incom• l income is recognised once the Charity has entiuement to the incorne. it is probable that the in¢ome WAI be receivÈd and the amount of income rÈeeivable can be rneasured reliably. Incomè tax re￿verabl& in relation to W)Vè5trnent income is reojgnisèd at the time Ihtr investmgnt incom8 1$ re￿1¥able. Olher income is recognised in the period in whth it 15 recetvablè and to the sxtent the good5 have been prowded or on wmplelion of the sery1￿. 2.3 Expendi￿re Expendituie is recognised once there is a *1 or construcbve obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefit5 will be rèquired in settlement and the amount of the oblvjation can bè measured reliabty. Expendrture is dassified by aetmty. The ￿St$ of eath actmty ale made up of the total of direct costs and shared costs. induding support costs tnvolved in undertakn.ng each acbvty. Direct costs attributable lo a single actwity are alloc*ed direclty to that actiwty. Shared (£Jsts whith (￿ntribUte kn rn0￿ than one actwity and support COSts which are not attributable to a single aw are apptsthoned betsyèen those athitses on a basis consistent wrth the use of [esour￿$. Cèntral staff costs are allocated on the basis oftime spènt. and depreciation charges althated on the portion of the asset's use. Expendilure r¥i5iThJ funds indudes ￿1 expèn