CHARrrY REGISTRATION NUMBER: 1053102 St Lazarus Community of East London Trust Unaudited Financial Statements 31 December 2024 KAY PETERS & CO Chartered Certified Accountsnts 8 Domingo Street Clerkenwell London EC1Y OTA st Lazarus Community of East London Trust Financial Statements Year ended 31 December 2024 Pagas Trustees, annual report 1to3 Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements 7t014 The followlng pages do not fomi part of the financial statements Detailed statement of financial activities 16 st Lazarus Community of East London Trust Trustees. Annual Report Year ended 31 December 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024. Roference and admlnlstratlve details Regi8t8red charlty name St Lazarus Communty of East London Trust Charlty roglstratlon numbor 1053102 Prlnclpal offi St. Lazarus and SL Andrews Church Rutland Road Forest Gate London E7 8PH The trust••8 His Eminence Archbishop Nikitas Lioulias Mr Alecos Pelopidas Mr Angelos Zacharia Mr Panayiotis Adamou Phokou Mr Alecos Lysandrou Mr Panayiob's Kourtis Independent examlner David Kay Chartered Certffied Accountants 8 Domingo Street Clerkenwell London EC1Y OTA St Lazarus Community of East London Trust Trustees. Annual Report (continuedj Year ended 31 December 2024 Structure, governance and management 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 govemed by the trust deed. Governance The trust is controlled and operated in the interest of the local community by elected trustees.The trustees are appointed for a trNelve 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 the charity's finanaal and social affairs. Risk Management The trustees have a duty to safeguard the chanty's assets and to ensure that the charity has adequate funds to meet all its current and future commitments. The trustees ensure that the current procedures in place are able to meet the above duties and are reviewed regularly to ensure they remain effective and relevant. Objectlves and actlvltl•• General Objectives The objects of the charity are to advance the Greek Orthodox faith,to advan￿ public education,to relieve poverty,sickness and distress and to provide facilities in the interest of the social welfare for recreation and leisure time actj'vities with the aim of improving the condth'on of life for the inhabitants of the London Borough of Newham and its environs. Welcoming and Hospitalty The charity has actively encouraged and implemented a policy which welcomes everybody regardless of ethnicity and social background who wish to worship and actively participate in the charity's current and future activities. Fund raising activrties A sponsored walk held annually whera members of the congregation and other volunt8ars participate. An annual fete is held at the church premises where everybody is invited to pa￿'¢ipate. Members of the committee and those from St. Martha and Maria Charity Organisation p￿pare food and assorted sweets which is sold to guests. Supporters 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 built a website which it hopes will improve communication betr￿een the charity and the public and to better promote the charty's objectives. St Lazarus Community of East London Trust Trustses, Annual Report (Mntlnu Year ended 31 December 2024 Achlevements and perfomwnce During the Current year the trustees worked to maintsin the focus of the trusys activities as laid out in its objectives. These objectives are the provision of servi￿$ for the local community, the understanding of Greek Orthodox faith, the teaching and promotion of Greek language, culture and ethos. It also provides support to members of the community in need through the work of the Ladies Auxiliary committee which provides meals to those in need and visits and comforts people in hospitals. Flnanclal revSew 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 of £43,466 of donations re￿iVed over expenditure incurred which VRS offset against the charity's unrestricted reserves. Flnanclal In8trumonts The charity has a loan from the Saint Nicholas Educats'onal Trust whith it took out in April 2017 and is paying back in monthly instsllments. The trustees, annual report was approved on 17 November 2025 and s￿ned on behalf of the board of trustees by: Mr Alecos Pelopidas Trustee Mr Angel¢)s Zacharia Trustee St Lazarus Community of East London Trust Independent Examinerfs Report to the Trustses of St Lazarus Community of East London Trust Year ended 31 December 2024 I report to the trustees on my examinab'on of the financial State￿nts of St lazarus Community of East London Trust ('the charity,) for the year ended 31 December 2024. Responslblllties and basis of rnport As the trustees of the chanty you are responsible for the preparation of the financial statements in accordance with the ￿quIrernents of the Charities Act 2011 {'the ACY). I report in respect of my examination of the charty's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act Independent examlnerfs Statement I have completed my examination. I confirm that no material matters have come to ry attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the financial statements do not accord with those records; or the financial statements do not comply with the appl￿ble requirements 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 fai¢ view which is not a matter consbdered as part of an independent examination. have no concems 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 understsnding of the accounts to be reached. David Kay Chartered Certified Accountants Independent Examiner 8 Domingo Street Clerkenwell London EC1Y OTA 17 November 2025 St Lazarus Community of East London Trust ststement of Financial Activities Year ended 31 December 2024 2024 Unrestricted fijnds Total funds Totsl funds 2023 Noto Income and endowments Donations and legacies Other trading activits'es Investment income 139,041 4,933 758 139,041 4,933 758 91,640 3,177 607 Total income 144,732 144,732 95,424 Expendlture Expenditure on raising funds.. Costs of raising donations and legacies Total oxponditurn 101,266 101,266 101,266 101,266 89,305 89,305 Net Incomo over expendttur• for the year 43.466 43.466 6,119 Other recogni8ed galns and 106888 Other gainsl(losses) user defined 1 Not movomont In lund8 200 200 43,666 43,666 6,119 Reconclliatlon ol fund8 Total funds brought foThvard Total funds carrtod lorward 1,782,434 1,826.100 1.782,434 1,826,100 1,776,315 1,782,434 The ststement of financial activrties includes all gains and losses recognised in the year. All income and expenditure derive from continuing athrties. The noteg on pages 7 to 14 form part of these financlal statements. St Lazarus Community of East London Trust ststement of Financial Position 31 December 2024 2024 2023 Note Flxad assets Tangible fixed assets Heritage assets 12 1,601,513 13 169,020 1,563,747 169,020 1,770,533 1,732.767 Current assets Stocks Cash at bank and in hand 14 5,000 83,466 88,466 5,500 73,267 78,767 Credltorn: amounts falllng duo wlthln one year Net curront assets 16 6,999 3,200 81,467 1,852.000 75,567 1,808,334 Total assets l•ss current Ilabllftle8 Credltorn: amounts falllng duo after more than one year Net assets 16 25,900 25,900 1.826,100 1,782,434 Fund8 of the charfty Unrestricted funds.. Revaluakn'on reserve Other unrestricted income funds 161.600 1,664,500 1,826,100 17 1,826,100 161,600 1,620,834 1,782,434 1,782,434 Total unre8trlcted fund8 Total charlty funds These financial ststements were approved by the board of trustees and authorised for issue on 17 November 2025. and are signed on behalf of the board by: Mr Alecos Pelopidas Trustee Mr Angelos Zacharia Trustee The note8 on pages 7 to 14 fomi part of these financial statements. St Lazarus Community of East London Trust Notes to the Financial Statements Year ended 31 December 2024 Genernl Infonnatlon The charity is a public benefit enb'ty and a registered charity in England and Wales and is unincorporated. The address of the principal office is SL Lazarus and St Andrews Church, Rutland Road, Forest Gate, London, E7 8PH. Statement of compliance These financial ststements 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 accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. Accountlng pollcles Basls of proparation The financial statements have been prepared on the historical cost basis, as modified by the revaluath?n of certain financial assets and liabilities and investment properties measured at fair value through income or expendrture. The financial ststements are prepared in sterling, which is the funth'onal currency of the entity. Golng concern There are no rnaterial uncertainties about the charity's ability to conts'nue. Judgoments and key SOU￿68 ol e8tlmatlon uncertalnty Judgements 1. The carrying values of propety, plant and equipment and intsngible assets are assessed annually or more frequently if warrantsd by a change in circumstance. If it is determined that the carrying values of assets cannot be recovered, the ungovernable amounts are charged against current earnings. Estimation 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 discrets'on of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eanTtarked by the trustees for particular future project or commitment. Restricted funds are subjected to ￿Strictl0nS on their expenditure declared by the donor or through the temis of an appeal, and fall into one of two sutK1a&￿.' restricted income funds or endowment funds. St Lazarus Community of East London Trust Notss to the Financial Ststsments (contthued) Year ended 31 December 2024 Accountlng pollcles (¢onllnu In¢omlng r•sourco8 All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic beneffts associated with the transaction will flow to Ihe charity and the amount can be reliably measured. The following specifsc policies are applied to pa￿'Cular categories of income: income from donations or grants is recognised when the￿ is evidence of entitlement to the gfft. 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 to measure reliably, in whtch case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amunts are included for the contributs'on of general volunteers. income from contracts for the supply of services is recognised with the delNery of the contracted service. This is classffied as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspen( in which case rt may be regarded as restncted. Resou￿8$ oxpondod Expenditure is recognised on an accruals basis as 8 liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activits'es to which it relates: expenditure on raising funds includes the costs of all fundraising athities, events, non