THE GREEK ORTHOIK)X COMMUNITYTRUST OF ST3 CYRIL AND METHODIOS OF MANSFIELD, SHEFFIELD AND DISTRICT Annual Report for the year eDded 31 December 2023 The Greek Orthodox Community Trust of St Cyril and St M¢thodios 175 Sutton Road, Huthwaite, Sutton in Ashfield, Nottingham NGI 7 2NE is registered with the Charity Commissioners (No. 1055773) and constituted by Deed of Trust. The Charity is administered by an Administration Committee, which comprises:_ His Eminence The Archbishop of Thyateird and Great Britain Mr Sophocl¢s Philippou Mr Barry Savva Mr Christakis LAzaris Messrs A Zachari&s. G Georgiow P Nicolaou, S Papacaoula4 M ETakl¢ous, J Pericleous, I Sid¢ras C Papanicolas. A Tsiolas.. Chairnian (ex officio) Chairnian Secretary Treasurer Other Members Th¢ Administration Committee is elected every two years, RevieTrv of the Charity's activities during the yethr ended 31 December 2023. The Charity Trust continues to provid¢ rcligious ceremonies to the Community and support to the Greek School for the advancement of education, dancing and drama. A programme of social events rais funding for the Charity which continues to meet its objectives and provide religious s¢rvi¢es to the members of the Community. Land adjacent to 14 New Stree( Huthwaite, was acquired on 26 January 2018 for a totsl cost of £125,740 to facilitate the parking for members of the Community and possible firture development. SOPHOCLES PHILIPPOU For and on behalf of the Administration Committee Date: 8 October 2024
THE GREEK ORTHODOX COMMUNrrYTRUST OF STS CYRIL AND METHODIOS OF MANsFLD. SHEFFIEIJ) AND DISTRICT Receipts and Paymellts Account: Year to 31 Deeember 2023 2023 2022 Gen¢ral Fund: Income Receipts from voluntsry sources: Donations and religious ceremonies Fund raising ¢vents and appeals Rents received Gift Aid Relief 52.858 58,921 70,105 61,864 6,327 6,141 TOTAL RECEIPTS 80,432 75,095 PAYMENTS Priest's remuneration Charitable Activity Dircct Expenses: Other Expcnditur¢: Fund raising events Donations Repairs and rcnewals and itnprovem¢nts Bank charges and loan Interest Fixtur¢s, Fittings Capital loan repayments TOTAL PAYMENTS Excess of exndItuTe for the year Bank YdDd &qsh balxnces 31 December 2022 Bank and cash balances at 31 December 2023 19,130 20,864 28,749 26,030 12,644 1,940 1.945 1,310 13,654 8,950 6.153 5,038 3,575 12,058 ( 9,027 ) ( 4,342) 45 31,930 40,957 NOTE: Bank loan of £IOO.000 was raised to purchase land adjacent to 14 New StreeL Huthwaite.
THE GREEK ORTHODOX COMMUNrrYTRUST OF STS CYRIL AIYD METHODIOS OF SF[El). SHEFFIELJ) AND DISTIUCT Statement of A&gets and Liabilities *8 at 31 December 2023 2023 2022 Assets Bank and Cash Balances Cost of land adjacent to 14 New Street, Huthwaite 31,930 40,957 125 740 125 740 Total 157.670 166,697 Other Non-monctary Assets Buildings. together with various fixtures and fittings at 175 Sutton Road, Huthwaite, which have been Consecrat by the Greek Orthodox Archdiocese of Thyateira and Great Britain and are also used by the Comtnunity Trust to provide accommodation for the local Greek language school and mecting facilitics for the congregation of the local Greek Community. Liabilities As at 31 December 2023 General Fund - 70,715 77,591 Bank loans: - used to assist in the purch&se of land adjacent to 14 New Stree¢ Huthwaite: TOTAL 157,670 166,697
INDEPENDENf EXATrItNER'S REPORT TO THE TRUSTEES OFTHE GREEK ORTHODOX TRUST OF STS CYRILAJYD METHODIOS OF MANSFIELD, SHEFFIELD AND DISTRICT I report on the Reccipts and Payments Accounts of the Trust for the year ended 31 December 2023, which are set out on pages I to 3 inclusive: Respective Responsxbilities of Trustees 2nd ExaDiiner: The charity's trustees are responsible for th¢ preparation of the accounts. The charity's trust¢¢s considcr that an audit is not requir for this year and that an independent examination is needed. It is my responsibility to: examine the accounts (under section 145 of the 2011 Act) Follow the procedures laid down in the General Directions given by the Chartty Commissioners (under section 145 (9) of thc 2011 Act Stat¢ whether particular matters have come to my attention. Basis of Independent ELqminer's Statement: My examination was carricd out ID accordance wvth the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by th¢ charity and a comparison of the accounts pr¢sented with those records. It also includes consideration of any unusual items or disclosures in the accounty and seeking explanations from you as trustees concerning any such matt¢r5. The procedures und¢rtaken do not provide all thc evidenc¢ that would be requId in an audiL and Wnscquently, I do not express an audit opinion on the view given by the accounts. Independent Examiner's StatemeDt: In connection with my examinatio no matter has wm¢ to my attention . l. Which gives me reasonable cause to believe that in any material respect thc requirements to keep accounting records in accordance with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met" or 2. To which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be Teached. P D CHRISTOU F.C.C Charternl Certified Accountant 204 Francis Street DERBY DE216DF 8 Oetober 2024