2020-12-31-accounts - The Trust Fund Of The Orthodox Greek Church At Higher Broughton Manchester

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						2020		2019
				Notes
Receipts
Rent						37,029			36,770
VAT Refund									16,664
Donations									55
						37,029			53,489
Payments
Agents Fees						1,929	2,572
Repairs	etc.					346	1,085
Houses Insurance						1,442	1,427
House Repairs						10,072	1,365
Church Repairs							19,030
Legal / Professional		fees					520
Grave Deeds &Repairs							34
						13,789			26,033
Surplus for the year						23,240			27,456
		Assets and Liabilities				as at 31December 2020
				Notes		2020		2019
Fixed Assets
Properties (Houses)						726,316		726,316
Current Assets
Bank Accounts						85,649			62,409
Total Assets						811,965		788,725
Represented By
Accumulated Fund brought			forward			788,725		761,269
Surplus for the	Year					23,240			27,456
Accumulated	Fund	carried	forward	4		811,965		788,725
Trustees Mr A M Andreou Mr G A Gabrilatsou Mr G A Levendi							/, Date ..~g&/. Z.R~.! D.t. &f..!'-0(. . . . . . Da~e k/ ufE. . .
Mr S Stylianou							Date ..~	/4/	2".Zf
Miss A Ioannou				./..'.	:A& %sinu4.. ~l				'Pu g

Objecti	ves and ac	ti	viti	es
				SORP reference
Summary	ofthe purposes		of	Para 1.17	The advancement				ofthe Greek			Orthodox
the charity as set out in its					Religion in	the		area		ofGreater
ove min	document				Manchester	for the			benefit		ofthe		ublic
Summary activities	ofthe main in relation to those			Para 1.17and 1.19	To provide community	a place ofworship, buildings and						school,
purposes	for the public				accommodation			for		the priests
benefit, in particular, the
activities,	projects or
services identified in the
accounts.
Statement	confirming			Para 1.18	In fulfilling	our		obligations			we	have
whether the trustees have					regard to the		guidance issued					by the
had regard to the guidance					Charity Commission					on public		benefit
issued by	the Charity
Commission on public
benefit
Additional	information	(optional)
You ma	choose to include		further statements		where relevant		about:
				SORP reference
Policy on	grant making			Para 1.38
					To enable us		to achieve our aims we
Policy on	social investment			Para 1.38	have invested income with		in properties balancing capital appreciation
including	program related
investment
Contribution made by				Para 1.38
volunteers

		Sofar we are happy to report that our aims are being fulfilled .
Summary ofthe main achievements ofthe charity, identifying the difference the	Para 1.20	The trustees were able to carry out major works to the Church buildings creating safe and welcoming surroundings for all.
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Achievements	against	Para 1.41
objectives set
			As mentioned	above, the performance		of
Performance	offundraising	Para 1.41	our investment satisfactory.	in properties	is very
activities against objectives
set
Investment performance		Para 1.41
against objectives
Other

Financial review	Financial review
Review ofthe charity's financial position at the end ofthe period Statement explaining the policy for holding reserves stating why they are held		Para 1.21 Para 1.22	Despite the expenditure in the recent few years we are financially in a position to carry out more necessary repairs to the main church buildin s. The investment properties are in good condition now. But we need to upgrade these as necessary and we need to have
			reserves for Ur ent emer encies
Amount ofreserves held Reasons for holding zero		Para 1.22 Para 1.22	E15,000
reserves
Details offund materially	in	Para 1.24
deficit
Explanation of any		Para 1.23
uncertainties about the
charity continuing as a going
concern

You ma c	hoose to include f	urther statement	s where relevant about
			The Trust Fund relies on rental income
The charity's principal		Para 1.47	and occasional donations.
sources of	funds (including
any fundraising)
Investment	policy and	Para 1.46
objectives	including any
social investment policy
adopted
A description ofthe principal		Para 1.46
risks facing	the charity
Other

constituted?
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled	Para 1.25	Trustees are appointed and selected by the serving trustees taking into consideration ability and skills to fulfil a certain position.
to appoint one or more
trustees