THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER 31 DECEMBER 2023 THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER INDEX Charity Infonnation Honorary auditors report Accounts Notes to the Accounts Asset Register Independent Examiner's Report THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER CHAIUTY INFORMATtON 31 DECE￿IBER 2023 Charity Number 1042299 Address 176 Monton Road Monton Manchester M30 9GA Trustees Secretary George A Levendi Chairman Andriani Ioannou Tasos Pallichis Maria Yioirtani-lacovides Angelo Gabrilatsou Honorary auditors Lucas Reis Limited Chartered Accountants and Business Advisors Lansdowi]e House 85 Buxton Road Stockport SK2 6LR 0161523 2929 THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER Honorary auditors report The attached accounts for the year ended 31 December 2023 were prepared from and are in agreement with th¢ books and explanations given by the trnstees. Lucas Reis Limited: Date: Lucas Reis Limited Chartered Accountants and Business Advisors Lansdowne House 85 Buxton Road Stockport SK2 6LR THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER Receipts and PaYme￿ts for the year end¢d 31 Ikcember 2023 Notes 2023 2022 Receipts Rents 41,375 12,980 518 200 55,073 36,425 Grant- VAT recoverv Donations Compensation 450 36,880 Paym¢nt$ Agents Fees Repairs House insurances House repairs Church repair5 Inforn)ation Commissioners Office 806 72 ,535 857 51.472 35 792 867 1,440 2265 55,050 54.777 296 60.414 23,5J4 ) Surplusl(Deficit) for the )ear B21ance Sheet 8s ¥t 31 December2023 Notes 2023 2022 Fixed Assets Properties (Houses) 726,316 726.316 Current Assets Bonk Accounts 84,960 84.664 Tot81 Assets 811.276 810.980 Represented By Accumulated Fund brought fonyard 810.980 834,514 Deficit for the year 296 2J,5J4 ) Accumulated Fund Carried forward 811.276 810,980 Trustees Mr G A Levendi - Secreiary Miss A Eoannou - cha]￿ersOn Date . li l0è.1.2p.3 Mr T Pattichis Mrs M Yioutani-Eacovides Date . 1513124... Mr A Gabrilatsou ,151.4..... THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTOIY, MANCHESTER Notes to the Accounts (l) The accounts have been prepared on a historical basis with nornial accounting conventions. (2) In addition to the assets in the accounts, the Trustees also hold the land and buildings of the Greek Orthodox Church at Higher Broughton Manchester, under the terms of the original Declaration of Trust dated 12th November 1867 and as subsequentl}. amended by various deeds. {3) Major works undertaken by the Trust during the year were as follows: The works to the leaning Presbytery south gable wall was completed together with all the associate repair works to the first and ground floor windows to the bedroom, lounge and the Priest's oifice. The existing internal defective plastic drainage pipe works located within the main Church roof void was replaced with new cast iron drainag¢ pipework's, thereby eliminating the risk of dama(ye to the existino ceiling and internal finishes. A maintenance inspection w&s carried out to the main Church, Presbytery and Ha] I buildings, roofs. Th¢ canopy of the main entrance to the Priest's apartment and Church Hall had become defective. This was temporarily propped and then repaired to eliminate anv Health and Saf¢ty risks. Repairs were carried out to the Apse high level timber windoH%. (4) Accumulated Fund carried forward 3111212023 31112D022 Properties £726.316 £726,316 Cash at Bank £84,960 £84,664 £811,276 £810,980 THE TRUST FUND OF THE ORTHODOX GREEK CHURCH AT HIGHER BROUGHTON, MANCHESTER Notes to tbe Accounts -continued The Tn￿teeS would wish to remind all members to consider: A - Donations through Gift Aid to the FuDd The Trust Fund can claim a top-up from HM Revenue & Customs with no additional cost to any tax paying donors. Further infomiation is available from the Honorary Auditors of the Trust Fund. B - Bequeathing money to tbe Trust Fund in your will Any rnoney left to the Trust Fund is deducted from the value of an estate before Inheritance Tax is applied. The aim of the Trust Fund is to have sufficient funds for the maintenance of the Church and associated buildinus thus providino for the needs of the current and future generations of the Greek Orthodox community. in the area, especially the young and elderly. THE TRUST Ft7ND OF THE ORTHODOX GREEK CHURCH AT IIIGHER BROUGHTON, MANCHESTER Asset Details Cost Church & Buildings Bury New Road Higher Broughion Manchester M7 4EY Let Properties 19 Brock-lebank Road FallowfTeld Manchester M146EL £175.695 b 2 Castler1￿ Drive Mlddleton Manchester M24 4LY £130,000 7 Brockl¢bank Road Fallowfield Manchest¢r M14 6EL £200,621 d 619 Mauld¢th Road West Chorlion-Cum-Hardy Manchester M917SA £220,000 Total £726.316 F￿nd Details Properties £726,3 l6 Cash at bank Natwest Bank Lloyds Bank £49,794 £35,166 £84.960 Totsl Accumulated Fund £811 76 I LUCAS IIEIS CHARTERED AcLouNTANTS & BUSINESS ADVISORS Independent examinerfs report to the trustees of The Greek Church of the Annunciation, Manchester. Charity number 1182883. I report to the trustees on my examination of the accounts of The Greek Church of the Annunciation, Manchester {the Trust) for the year ended 31 December 2023. Responsibility and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the charities Att 2011 {"the Act"). I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(51(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. l. Accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. The accounts do not accord with those records. I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Signed: Name: Michael Lucas Professional qualification: FCCA Date: 18th March 2024 LANSDOWNE HOUSE 85 BUXTON ROAD STOCKPORT SK2 6L T. 0161 523 2929 F. 0161 523 2928 DIKECTOI5.. M.LUCAS BSC.IHONSI. FCCA S.RElS BSc.IHoNSI. FCA. ATII. CFE REGISTEKED IN ENGLATrID & WALES COK4PANY No. 5189238. VAT REG. NO. 841 7055 36 WWW.LUCAsREIS.COM INFO@LucASELEIS.COM