Docusign Envelope ID.. E2873471-F4F74587-94C7-1F588EPm3E8
CHARITY REGISTRATION NUMBER: 1053102
St Lazarus Community of East London Trust
Unaudited Financial Statements
31 December 2023
ER
Chartered Certified Accountants
Ground Floor East
30-40 Eastcheap
City of London
London
EC3M 1HD

Docusign Envelope ID.. E2873471-F4F14587-94C7-1F588E8003E8
St Lazarus Community of East London Trust
Flnancial Ststemenis
Year ended 31 December 2023
Pages
Trustees, annual report
Independent examinerfs report to the trustees
Statement of f inancial activities
1to3
Statement of financial position
Notes to the financial statements
7t014
The following pages do nol lorm part of the flnanclal ststements
Detailed statement of financial activities
16

DoGuSign Envelope ID: E2873471-F4F74587JJ4C7-1F588E81J)3E8
St Lazarus Community of East London Trust
Trustees. Annual Report
Year ended 31 December 2023
The trustees present their report and the unaudited financial statements of the charty for the year
ended 31 December 2023.
Reference and admlnlslratlve dets118
Reglstered eharlty name
Charlty reglstraiion numbèr
St Lazaws Communty of East London Trusi
1053102
Prlnclpal offlce
St. Lazarus and St. Andrews Church
Rutland Road
Forest Gate
London
E7 8PH
Tho trustees
His Eminence Archbishop Nikttas
Loulias
Mr Alexandros Pelopidas
Mr Angelos Zacharia
Mr Panayiotis Fokou
Mr Chris Alexandrou
Mr Alecos Lysardrou
Mr Panayiotis Kourtis
Mr Peter Zenios
Independent examlner
David Kay Chartered Certified Accountants
Ground Floor East
30-40 Eastcheap
City of London
London
EC3M 1HD

Docuslgn Envelope ID: E2873471*4F74587-94C7-1F588E8(KJ3E8
St Lazarus Community of East London Trust
Trustees, Annual Report (condmKd)
Year ended 31 December 2023
Structure. governance and managemenl
Legal and Administrative
The charity is controlled by a deed of trust which Sets the basis on which trustees operate and control
the trust.The trust is an unincorporated entity and governed by the trust deed.
Governance
The trust is conlrolled and operated in the interest of the local community by elected Irustees.The
trustees are appointed for a twelve month period after which they may be re-elected. The trustees
meet on a quarterly basis to deliberate on the current issues and make appropriate and majority
decisions concerning th8 charitys financlal and social affairs.
Risk Management
The trustees have a duty to safeguard the charitys assets and to ensure that the charity has adequate
funds to meet all its current and futur8 commitments. The trustees ensure that the current procedures
in place are able to meet the above duties and are reviewed regularfy to ensure they remain effective
and relevanl.
ObJectlv8s and acllvltles
General Objectives
The objects of the charity are to advance the Greek Orthodox faith,to advance public education,to
relieve poverty,sickness and distress and to provide facilities in the interest of Ihe social welfare for
recreation and leisure time activities with the aim of improving the condition o* life for the inhabitants of
the London Borough of Newham and its environs.
Welcoming and Hospitality
The charity has actively encouraged and Implemented a policy which welcomes everybody ragardless
of ethnicity and social background who wish to worship and actively participate in the charity's current
and future actÉwties.
Fund raising activities
A sponsored walk held annually where members of the congregation and other volunl8ers partl¢lpate.
An annual fete is hekl at the church premises where everybody is inviled to participate. Members of the
committee and those from St. Martha and Maria Charity Organisaiion prepare food and assorted
sweets which is sold to guests. SupFrf)rters and other members of the public are invited to sponsor
those participating. Other activities under consideration are sponsored five side football tournaments
and annual day trips.The Committee is open and welcomes new ideas to improve and increase fund
raising.
Improving communication
The charity is hoping to bulll a website which it hopes will improve communication betwe8n the charlty
and Ihe public and to better promote the charrtrfs objectives.

tlocusign Envelope ID: E2873471-F4F74587-94C7-1 F588E8003E8
St Lazarus Community of East London Trust
Trustees, Annual Report (continued)
Year ended 31 December 2023
Achlevements and perfomiance
During the Current year the trustees worked to maintain the focus of the trust's actlvities as laid out in
its objectives. These objectives are the provision of services for the local cornmunity, the
understanding of Greek Orthodox faith. the teaching and promotion of Greek language. culture and
ethos. It also provides support to members of Ihe community in need through the work of the Ladies
Auxiliary committee which provides meals to those in need and visits and comforts pgople in hospitals.
Flnanclal revlew
Current Results
The results for the period are shown on pages 5 to 6 together with the attached notes on pages 7 to 11
in the accounts. The charity has register a net surplus ot £6,119 of donations received over
8xpenditure incurred which was offset agalnst the charty's unrestricted reseNes.
Flnanclal Instrumen18
The charity has a loan from the Saint Nicholas Educational Trust which it took out in April 2017 and Is
paying back in monthly inslallments.
The trustees, annual report was approved on 15 May 2024 and signed on behalf of the board of
trustees by:
ILL£OS PLtsphs
Iy(os 6dL4
Mr Alexandros Pelopidas
Trustee
Mr Angelos Zacharla
Truste&

Docuslgn Envelope ID: E2873471_F4F74587-94C7_1 Fs88E￿I03E8
St Lazarus Community of East London Trust
Independent Examiner's Report to the Trustees of St Lazarus Community of
East London Trust
Year ended 31 December 2023
I report to the trustees on my examination of the financial statements of St Lazarus Community of East
London Trust (Yhe chariv) for the year ended 31 December 2023.
Responsibllltles and basls of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of th8 charitls financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have foll0v￿1 all the applicable Directions given
by the Charlty Commission under section 145{51(b) of th& Act.
Independent examlnefs statement
I have completed my examination. l confirm that no material matters have come to my attention in
connection with the examination giving me cause to believa thai in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the
th8 flnancial statements do not accord with those records. or
the financial siatements do not comply wilh the applicable requirernents concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fairf view which is not a matter
considered as part of an independeni eXaminat￿n.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
David Kay
Chartered Certlfled Accountants
Independent Examlner
Ground Floor East
30-40 Eastcheap
City of London
London
EC3M 1HD

Docuslgn Envelope ID: E28n471-F4F74587-94C7-1F588E8003E8
St Lazarus Communlty of East London Trust
Statement of Financlal Actlvltles
Year ended 31 December 2023
2023
Unrestricted
funds Total funds Total funds
2022
Note
Income and endowments
Donations and legaci8S
Other trading activitl8S
Investment income
91,640
3,177
607
91,640
3,177
607
61,520
2,566
52
Tolal Income
95,424
95,424
64,138
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies
Totsl expendlture
89,305
89,305
89,305
89,305
60,791
60,791
Net Income and net movement In funds
6,119
6,119
3,347
Raconclllatlon of lund8
Total funds brought forward
Totsl funds carrled forward
1.776,315
1,782.434
1,776,315
1,782,434
1,772,968
1.776,315
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on pages 7 to 14 forni part of these flnanclal Statements.

Docusign Envelope ID: E2873471-F4F74587-94C7-1F588E8LN)3E8
St Lazarus Community of East London Trust
Statement of Flnancial Position
31 December 2023
2023
2022
Note
Flxed assots
Tangible fixed assets
H8ritage assets
12
13
1,563,747
169,020
1,732,767
1,568,003
169.020
1,737,023
Current assets
Stocks
Cash at bank and in hand
14
5,500
73,267
78,767
5,000
63.567
68,587
Credltors: amounts lalllng due wfthln one year
Nel current a88018
15
3.200
3,375
65,192
1,802,215
75,567
1,808,334
Total ass8ts1888 curr6nt Ilabllltle8
Credllorg: amount8 falllng due after more than one year
Nat assets
16
25,900
1,782,434
25,900
1,776,315
Funds ot the charlty
Unrestricted funds:
Revaluation reserve
Other unresiricted income funds
161,600
1,620.834
1 ,782.434
1,782,434
161,600
1,614,715
Totsi unresirlcted funds
1,776,315
Totsl charity funds
17
1.776.315
These financial statements were approved by the board of trustees and authorised for issua on 15 May
2024, and are signed on behalf of the board by:
llLLUS PLlyl*S
6JAAYi
Mr Alexandros Pelopldas
Trustee
Mr Angelos Zacharfa
Trustee
Th nolu on pages 7 to 14 tonn part of these flnanclal g18temenl$.

t)ocuSign Envelope ID: E2873471-F4F74587-94C7-1F588E8003E8
St Lazarus Community of East London Trust
Notes to the Flnanclal Statements
Year ended 31 December 2023
General Informatlon
The charity is a public benefit errtty and a registered charity in England and Wales and is
unincorporated. The address of the principal office is St. Lazarus and St Andrews Church,
Rutland Road. Forest Gate. London. E7 8PH.
Statemeni of compllance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with th8
Financial R8POrting Standard applicable in the UK and Republic of Ireland {FRS 102) {Charities
SORP {FRS 102)) and the Charities Act 2011.
Accountlng pollcl88
Bas18 of prePar￿lon
The financial statements hava bean prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng concom
There are no material uncertainties about the charitvs abilty to continue.
Judgements and k8y Sources ol estlmatlon uncertalnty
Judgements
1. The carrying values of property, plant and equipment and intangible assets are assessed
annually or more frequently if warranted by a change in circumstance. If it is determined that the
carrylng values of assets cannot be recovered, the ungovernable amounts are charged against
current earnings.
Estimatlon Uncertainty
The useful life of key assets are estimated having regard to such factors as asset maintenance
and usage. The useful lives of key assets are reviewed annually.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trusiees to further any of the
charity's purposes.
Designated funds are unrestricted funds eannarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.

Docuslgn Envelope ID: E2873471-F4FT4587JJ4C7-1F&88E8(KJ3E8
St Lazarus Community of East London Trust
Notes to the Financlal Statements (continued)
Year ended 31 December 2023
Accountlng pollcles (conllnu
Incomlng resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity", it is probable that the economic benefits associated wilh the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evldence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical io measure reliably, in which case the value is derived from Ihe cost lo the donor
or the estimated resale value. Donated facilities and seniices are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribulion of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure Includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to vthich it relates:
expenditure on raising funds includes the costs of all fundraising a￿1Vities, events, non-
charitable trading activrties, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities ihai further its charitable aims for the benefit of its beneficiaries, Includlng those
support costs and costs relating to the governance of the charity apportion8d to charitable
activltles.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activÈties.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tanglble assets
Tangible assets are inib'ally recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairmenl losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairmenl losses.

Docusign Envelope ID.. E2873471*4Ff4587-94C7-1F588E81XJ3E8
St Lazarus Community of East London Trust
Notes to the Financial Statements (eonllnuod)
Year ended 31 December 2023
Accountlng pollcles (contlnued)
Tanglble assets (¢ontlnu6d)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount ot an asset as a result of revaluation. is recognised in Oiher recognised gains and losses,
except to which it offsets any previous revaluation gain, In which case the loss is shown within
other recognised gains and losses on the staiemeni of financial activits'es.
Depreclatlon
Depreciation is calculated so as to write off the cost or valuaiion of an ass￿, less its residual
value, over the useful economic life of that asset as follows-
Freehold
Land £1,250,000 not depreciated, Buildlng £300,000 is
depreciated at 10/0
5Q/• reducing balance
Fixtures and fittings
Herltage assels
The charity hokls heritag8 assets,which are tangible fixed assets of historical,artistic or scientific
importance that are hekl to advance prevention and coseNation objectives of the charity. Newly
purchased heritage assets are capitalised and included at cost including any incidental expenses
of acquisition.
Where heritage assets were acquired in past accounting periods and not capitalised, it can be
difficult or costly to attribute a cost or value to them. In such cases. these assets are excluded
from the balance sheet if reliable cost information is not available and conventional valuation
approaches lack sufficient reliability or significant costs are involved in the reconstruction or
analysis of past accounting records or in valuation, which are onerous compared with the
additional benefit derived by users of the accounts in ass8ssing th6 trustees stewardship of the
assets. The very long expected lives of heritage assets, due to their nature, value and need to be
protected and preserved means that depreciation is not material and is,therefore,not provided.
Impalrment ol flxed a8Bel8
A review lor indicators of impairmeni is carried out at each reporting date, wilh the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
r8COV8rable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairrnent testing, when it is not possible to estimate the recov8rable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For Impairment testing of goodwill, the goodwll acquired in a business combination is, from the
acquisilion date, allocaied to each ot the cash-generating unFts that are expected to benefit from
the synergies of the combination, irrespeciive of whether other assets or liabilities of the charity
are assigned to those units.

Docuslgn Envelope ID.. E2873471-F4F74587-94C7-1F588E81J)3E8
St Lazarus Community of East London Trust
Notes to the Financial Statements (willnued)
Year ended 31 December 2023
Accountlng pollcles (contlnued)
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
Flnanclal Instrumenis
A financial asset or a financial liability is recognised only when the charlty becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liakiltties are subsequently measured at the cash or other
consideration expected to be p&d or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably. the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other tinanclal instruments, including derivatives, are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the assel is measured at the present value of the future
payments discounted at a market rate of inierest for a similar debt instrument.
Other financial instruments are subsequendy measured at fair value, with any changes
r8cognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reportlng date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the Inilial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairmerrt. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
10

Docuslgn Envelope ID: E2873471_F4F74587-94C7_1 F588E￿3EB
St Lazarus Community of East London Trust
Notes to the Financial Statements (conttn￿
Year ended 31 December 2023
Donatlons and legacles
Unrestricted Total Funds Unrestrlcted Total Funds
Funds
2023
Funds
2022
Donatlons
Congregation contribution & donations
75.950
75,950
61,520
61,520
Legacl88
Legacies
15,690
91,640
15,690
91,640
61,520
61,520
Other tradlng aetlvftles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Parklng Incom8
School Fees
3,177
3,177
2,016
550
2,016
550
3,177
3,177
2,566
2,566
Investment Income
Unrestricted Toial Fundg Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest receivable
607
607
52
52
Costs of ralslng donatlons and legacle8
Unrestrithed Totsi Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Costs of raising donations and legacies
Donations
89,305
89,305
60,791
60,791
Net Ineome
Net income is stated after chargingllcrediting):
2023
2022
Depreclation ol tangible fixed assets
4,256
4,357
11

DoGuSign Envelope ID.. E2873471-F4F74587-94C7-1F588E8¢Y)3E8
St Lazarus Community of East London Trust
Notes to the Financial Statements (cortinu6d)
Year ended 31 December 2023
1nd8pond6￿ examinatlon fees
2023
2022
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,260
600
10. Statt co￿$
The total staff costs and employee benefits for the reporting period are analysed as follovts:
2023
2022
Wages and salaries
10.850
17,080
The average head count of employees during the year was 2 (2022: 2).
No employee received employee benefits of more than £60,000 durlng the year (2022: Nill.
11. Trustee remuneratlon and exp8n888
No remuneration, expenses or other benefits from the charity were received by the trustees.
12. Tanglble fIX￿ ass8t8
Freehold Fixtures and
propety
fFttings
Total
Cost
At 1 January 2023 and 31 December 2023
Depreclallon
At 1 January 2023
Charge for Ihe year
Al 31 December 2023
1.550,000
90.713
1,640,713
8,910
2,911
63,800
1,345
72,710
4,256
76,966
11,821
65,145
Carrylng amount
At 31 December 2023
1,538,179
1.541,090
25,568
26,913
1.563.747
1,568,003
At 31 December 2022
13. Herltage a880ts
The heritage assets are the sculptures, icons and other rellgious omaments made from precious
metals that are utilised in the church. These ttems are acquired by the trustees and are looked
after and maintained by a group of 8 volunteers.
12

Docuslgn Envelope ID.. E2873471-F4F74587-94C7-1F588E8003E8
St Lazarus Community of East London Trust
Notes to the Financial Statements (conrfnued)
Year ended 31 December 2023
13. Herltsge assots (conrfnu•dJ
Herltage
asset 1
Cost or valuatlon
At 1 January 2023 and 31 December 2023
Accumulated depreclatlon
At 1 January 2023 and 31 December 2023
Carrylng amount
At 31 DeCeM￿r 2023
At 31 December 2022
169,020
169.020
169.020
The statues, icons and ornaments have all been reported at cost.
14. Stocks
2023
2022
Raw materials and consumables
5.500
5,000
15. Credltors: amounts talllng due wlthln one yoar
2023
2022
Accruals and deferred income
Social security and other taxes
3,200
1,506
1,869
3,375
3,200
16. Credltors: amounts falllng due after more than one year
2023
2022
Bank loans and overdrafts
25,900
25,900
13

Docu&gn Envelope ID: E2873471-F4F74587-94C7-1 F588E8A)03E8
St Lazarus Community of East London Trust
Notes to the Financial Statements (¢ortinued)
Year ended 31 December 2023
17. Analysls of charltable fun(ts
Unrestrlctod funds
At
1 January 202
At
31 December
2023
Income Expenditure
General funds
Revaluation reserve
1,614,715
161,600
1,776,315
95,424
{89,305) 1,620,834
161,600
(89,305) 1,782,434
95,424
At
1 January 202
At
31 December
2022
Income Expenditure
General funds
Revaluation resen4e
1,611,368
161,600
64,138
(60,791) 1,614,715
161,600
1,772,968
64,138
(60,791) 1,776,315
18. Analysls of net assets between funds
Unrestrict8d Total Funds
Funds
2023
Tangible fixed assels
Heritage assets
Net asseis
1,563,747
169,020
1,563,747
169,020
1,732,767
1,732,767
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Heritage assets
Net a88et8
1,568,003
169,020
1,568,003
169,020
1,737,023
1.737.023
19. Flnanclal In￿rUments
The carrying amount for each category of financial instrument is as folloyts:
2023
2022
Flnanclal Ilabllllles measured al falr value through Ineome and expondlture
Financial liabilities measured at fair value through income and
expenditure
25,900
25,900
The loan will be derecognised once it has been paid off in full.
The current carrying value of the loan to Saint Nicholas Educational Trust is £25.900.
14