2022-12-31-accounts

12/02/2024 Claire Collins Chartered Accountant 130 Wood Street

London EC2V 6DL Section B Disclosure Only complete if the examiner needs to highlight material malters of COn￿rn (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examinerwishes to disclose. IER Oct 2018

Trustees’ Annual Report for the period

From: 1 January 2022

To: 31 December 2022

Charity name: The Greek Orthodox Church of Saint Nectarios

Charity registration number: 1042830

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	a) To preserve the Christian Orthodox faith as interpreted and taught by the Greek Church of Christ the Ecumenical Patriarchate of Constantinople and the Greek Archdiocese of Thyateira and Great Britain b) To relieve poverty and sickness
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	a) Holding regular religious services in line with the Christian Orthodox faith. These services are open to all members of the public b) Providing Pastoral services to parishioners c) Holding Christening, Baptismal, Confirmation, Funeral and other similar services for parishioners d) Conducting weddings in accordance with the Christian Orthodox faith
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees of the Charity have given due regard to the Charity Commissioner’s guidance on public benefit and have taken reasonable steps to ensure that this guidance has been considered in the activities undertaken by the charity to deliver its charitable purposes

Achievements and Performance

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SORP
reference
1. The Foodbank was granted its own Charity
Status and therefore we separated the
activities from the Church Charity and also
separated the monetary funds
Summary of the main
Para 1.20 2. Foodbank was moved to its own premises
achievements of the charity,
due to the success and unfortunate need
identifying the difference the for the rise in the need for food bank
charity’s work has made to
services. As these premises were non-
the circumstances of its denominational this led to an increased
beneficiaries and any wider diversity in the Foodbank volunteers
benefits to society as a including members from another local non-
whole. Orthodox Church
3. Following the lifting of COVID restrictions
the Church and our Priest were able to
provide the following public services:
having the most baptism services on
record at our Church
due to community demand, the
Church provided personal
bereavement counselling as our Priest
was the last person to see the
deceased in person
adding additional services to the
weekly roster including services
specifically for the most vulnerable
increased Care Home and Prison
visits to benefit the community and
more generally the local society
4. Introduced an Icon worship Sunday
School
5. Re-introduced post-service social
gatherings
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Financial Review

Financial Review	Financial Review	Financial Review
Review of the charity’s financial position at the end of the period Para 1.21 The Charity received donations and other income totaling £149,676. Expenditure for the year was £128,658 resulting in a surplus of £21,018. The balance on reserves was £215,239
Statement explaining the policy for holding reserves stating why they are held Para 1.22 The level of reserves is monitored and reviewed by the Trustees at least annually. The Trustees believe that the charity should target to hold unrestricted financial reserves equivalent to a minimum operating expenses of three months.
Amount of reserves held Para 1.22 £215,239
Reasons for holding zero reserves Para 1.22 N/A
Details of fund materially in deficit Para 1.24 N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	In accordance with the constitution the existing Trustees appoint the new Trustees. There will be a minimum of five at any time.

Reference and Administrative details

Charity name	The Greek Orthodox Church of Saint Nectarios
Other name the charity uses	N/A
Registered charity number	1042830
Charity’s principal address	St. Nectarios Church 19 Wycliffe Road, London SW11 5QR

Names of the charity trustees who manage the charity

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Name of person
Office (if Dates acted if not (or body) entitled
Trustee name
any) for whole year to appoint trustee
(if any)
1 Koulla Katsikides
2 Andrea Loizou Chair Until May 2022
3 Vasos Herodotou Until May 2022
4 Charalambos Panayi Until May 2022
5 Chris Loizou Until May 2022
6 Archbishop Nikitas Lioulias Chair From 4th May 2022
7 Father Christodoulos Christodoulou From 4th May 2022
8 Sotiroulla Helen Antoniou-Pamment From 4th May 2022
9 Savvas Kyriakou Savva From 4th May 2022
10 Martin Miller From 4th May 2022
11 Leonidas Christophilopoulos From 4th May 2022
12 Mary Mavrogheni From 4th May 2022
13 Ioannis Tsoukkas From 4th May 2022
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– Corporate trustees names of the directors at the date the report was approved Director name N/A

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for whole
year
Mrs K. Katsikides
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Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

Charity Name No (if any) The Greek Orthodox Church of Saint Nectarios 1042830 Receipts and payments accounts Period start date Period end date For the period from To 01/01/2022 31/12/2022

CC16a

Section A Receipts and payments

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Unrestricted Endowment
Restricted funds Total funds Last year
funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 26,576 - - 26,576 40,693
Fundraising Events 107,242 - - 107,242 124,839
Other Income 15,858 - - 15,858 25,799
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for AR) 149,676 - - 149,676 191,331
A2 Asset and investment sales, (see
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 149,676 - - 149,676 191,331
A3 Payments
Costs of Generating voluntary receipts 122,463 6,195 - 128,658 90,388
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 122,463 6,195 - 128,658 90,388
A4 Asset and investment purchases,
(see table)
- - - -
- - - -
Sub total - - - - -
Total payments 122,463 6,195 - 128,658 90,388
Net of receipts/(payments) 27,213 - 6,195 - 21,018 100,943
A5 Transfers between funds - - - - -
A6 Cash funds last year end 184,900 9,321 - 194,221 93,278
Cash funds this year end 212,113 3,126 - 215,239 194,221
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Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds CCXX R1 accounts (SS)	(agree balances with receipts and payments account(s)) Details Bank Cash Other (Accruals and Prepayments) Total cash funds Details	Unrestricted funds to nearest £ 211,813 300 212,113 OK Unrestricted funds to nearest £	Restricted funds Endowment funds to nearest £ to nearest £ 3,126 - - - - - 3,126 - OK OK Restricted funds Endowment funds to nearest £ to nearest £ 08/02/2024	Endowment funds to nearest £ - - -
				-
				OK

CCXX R1 accounts (SS)

Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets D B3 Investment assets D D B4 Assets retained for the charity’s own use P F E S B5 Liabilities L	etails etails etails roperty ixtures and Fittings quipment tock oan Signature	- - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Unrestricted - Unrestricted - Unrestricted - Unrestricted - - - - - - Fund to which liability relates Amount due (optional) Unrestricted 30,000 - - - - Print Name	- - - - - - Current value (optional) - - - - - Current value (optional)
			68,244 1,097 3,444 500
			- - - - - When due (optional) Date of approval

08/02/2024

CCXX R2 accounts (SS)

The Greek Orthodox Church of Saint Nectarios - Finacial Statements 2022 v2 Final ALJdil Report 2024-02-09 Created.. 20244)2-09 By.. Kai Witsey [e-mail] Slalus.. Signe(I Transaction ID.. CBJCHBCAABAAT-gBxg03kiFmHze3n_uJUgcG2bVp39x8 "The Greek Orthodox Church of Saint Nectarios - Finacial State ments 2022 v2" History Docum8nt created by Kai Wilsey [e-mail] 2024-024)9- 9'.12'.16 AM GMT Document emailed to [e-mail] for signature 2024-02-09- 9..14..05 AM GMT Email viewed by [e-mail] 2024-02-09- 2".27".06 PM GMT Signer [e-mail] entered name al signing as Martin A Miller 2024-02-09- 2'.28'.26 PM GMT Document e-signed by Martin A Miller [e-mail] Signature Date.. 2024-02-09- 2..28..28 PM GMT- Time Sou￿.. server Agreement completed. 2024-024)9- 2'.28".28 PM GMT IJ Adobe Acrobat Slgn