PANAYIA ELEOUsAOFNOKGHAm AND DERBY (Greek Orthodox CommuDity of the Virgin Mary Eleousa) Report 2Dd FiDaDcial Statements Year eDded 31 December 2021 Charity Number. 1102043
PANAYIA lllOUSAOF NOTfiNGHAMAND DERBY CONTENTS PAGES Rwrt ofthe Tn RqN)rt of the IndepcJKkni Exami Staten]ent of Fin8ncial Activities Balan Sheet Notes to the Financi Statements
PANAYLiELEOUSAOFNOTllNGHAM AND DERBY Report of the Truytees for the year ended 31 Dtt*mber 2021 The tnlstees subn)it their annual rert and financi statements for th¢ yeaT ended 31 Dccemb¢r 2021. The t have adopted the provisioD of the Statement of Recommended ALxounting Practilx ACU1n8 and Rep)Tting by Charities (SORP 21M)5) issued in May 2008. In preparing the aDnual tetK)rt and fuk811 statements the trustees have taken advantage of the ¢once&sions allowed for small¢r charities. The charity, which is also known as ffie Greek Orth(Klox CommuDity of th¢ Virgin Mary Eleousa" was registered on I l February 2004. 1102043 Charity Number. Principle Addr. 184 Derby Road New Lenknn Nottingham NG7 INF Charities trustrts during the yew His Eminence. Archbishop Nikitas John Kozakis George Nichol&8 Gcorg¢ NeleOuS Petros Cbristou The ¢harity is governed by its Tru& Dee Trustees are appoint¢d by the existing trustees for the time Ing in consultstion with His Eminen¢e th¢ Archbishop of Thyateira and Great Britai Trustees shall hold meetings at least once in ev¢ry year. A quonlln shall be three. Mattcrs will be detern)In by a niaiority of the Intstees pres¢nt and voting. Loughborougb Br8nc Leicester LEI13NL Balay8 Bank plc Nottingham Nicholas & Co 18-22 Wigmore Street London WIU 2RG Solicitors: Accountant and Ind¢EKndcDt Examin. P D ChTiStou F.C.C.A. 204 Francis Str¢et Derby DE216DF (i)
PANAYIAELEOUSAOF NOTfiNGHAMAND DERBY Review of objectives activities and acl)ievements: (a) To advance the Greek Orthodox f8itlL Sunday service in Church is niaintain&l lo high standards and to conlinue thi4 the good rnuneration of the ra8ident priest h&s been maintaineiL (b) To advance education and in particular but )t CluSive1Y education in the Greek During the year w¢ accommodated Greek dancing and cultural events and drama through the Supplementsry Greek School for Derby and Nottillgh. Th¢ charity supports the operation of the two Greek Schools by pTh)viding facilities such as making available the Conununity Hall for school events for dram& festivities for Christmas celebrations and FASter. &8 well &8 for thing. Th¢ reli¢f of the elderly, sick and disabled m¢mbers of the GT¢ek Community in particular through the supporL financial or otherwise. of activities as lunch ¢lubs: The Charity made available during the year, the Community Hall, on a regular basis for communal meetings of th¢ elderly whwt te4 coffee, cakes etc were provided. The charity SUPPOrted through the auxiliary society -Philoptr)xos" the help and supwrt for thc elderly and the sick memkr of our community. (d) To provide or a&8ist in the provision of facilities for recreation and other leisure time occupation in th¢ interest of social welfare with the object of improving the conditiODS of life of the said beneficiaries, in porticular but not eXcI81VelY. the young¢r and older members of the community. The Community Hall is always rne available for community events promoting the objectives of th¢ charity, for religious, educational, cultural and ¢haritsble purposes. and we have improved the f&ilities for the youn8¢r and eldcr members of th¢ community. Details of th¢ clwity's finallci activilie4 and funds are given in the attach finance statement. All assets of the charity are held by the trustees in trust for the chllty. 11- IK_ ZQLU This report W&8 approved by the trw*es on.......... George Neocleous on behalf of the T[$1¢¢& Iz)
PANAYIAEIEOUSAOFN(YfTINGIIAMAND DERBY Independent ExwDiDer's Report to the Trusttts of Pnayi& EleousA of NOttIDgh 2nd Derby I rep)rt on the accounts of the Tn for th¢ year ¢d 31 December 2021 which are set out on pages 4 to 9. Respeetive Rupongibili¢xes of Thtsteej aDd Euminer The charity's trustees are reSnsIble for the preparation of the accounts. The charity's tnee$ consider that an audit is not required for this year and that an independent examination is needed. It is my resnsIbl11ty w: examin¢ the accounts (under section 145 of the 2011 Act): follow the ProclUTeS laid down in the General Dir¢ctAODS given by the Charity Commissioners (under section 145 (9) of th¢ 2011 A State whether particular matters have come to my allentio Bsis of IDdepeDdellt ExamiDer's Statement My ¢xamiDation was caTried out in accordance with the General Directions giv¢n by the Charity Commissioners. An eXami110n includes a revi¢w of the accounting records kept by the charity and a Comparison of the accounts presented with those records. It also includ¢s Consideration of any Unu81 items or disclosures in the accoun seeking explanations from you &8 tntstees concerning any Such mattcr8. Thc proc¢dures undertaken do not provide all the evidence that would be required in an audit. and ¢onsequently, I do not express an audit opinion on the view given by the Independent Ewniner'j St*temeDts In comKction with my exami0 no matter has com¢ to my altention: l. which gives me reasonable c&use to believe in any material respect the to keep &cuntIng re[dS in accordanc¢ with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting reconls and to comply with the accounting Tequir¢ments of the 2011 Act h&ve not been m¢L or 2. to whi¢kL in my Opinio attention should be drnwn in order to enable a proper Signed...... Name...PETROS D CHRISTOU Relevant professional q1]ficatIOn or I...C.cA P D CHRISTOU F.C.CA 204 Frdncis SITeet DERBY DE216DF (3)
PANAVIAELEOUSA OF NOTTINGHAM AND DERBY ber 2021 tement o e Year 021 20 INCOEdtNG RESOURCES Eknnations and Gifts HMRC- Grants Gift Aid Credit TOTAL tNCOMING RESOURCES 65.016 51.395 3.880 69.976 61913 RESOURCES EXPENDED MtnisÈ¢rs Fees and Expens Expens¢$ of Minister's Resid¢nce Cleaning costs Water Rates Light and H¢at Tel¢phon¢ Insurance- Church 8nd W#r88¢ Repairs and Maintenanee Travclling ¢xpenses Candles and Crosses Christening and WdIng Certificates Christening and Walding exFnses Sundry Donations Visiting Priests and Choir Costs Accountancy and Profession81 fees Loan Interest and Charges Sundry Expenses Depreciaiion TOTAL RESOURCES EXPENDED NET tNCOM]NG (OUTGOING) RESOURCES Fund Balance bwu8ht forward at 13anuary Fund Balanrx carried forward at 311)Cmber 15.813 7.493 5J03 349 &549 807 4230 2.939 15.703 3.849 5,428 6,779 631 4,338 1,512 150 198 1.656 1,240 1,640 4,646 1553 1,720 l.Q70 3.197 1376 3,720 648 3.029 10.073 179.521 176,492 (4)
PANAYIA ELEOUSA OF NIYrnF4GllAMAND DERBY Baiaoce Sheet as at 3 r20 2021 2020 FIXED A&SETS 265.398 267,942 Advance rewdyable C&sh at Bank 4,51Kl 26,995 29,946 Bank and otherloons IDTALA&SETS LESS 289,671 290.579 Creditors fallin8 due After more on¢ year NET ASSETS 215222 212,193 Unrestricted Funds Gcnernl Funds Restri¢ta Funds Designated Funds 179.521 17A492 215222 212.193 Geory¢ Neoclw)H8 (5)
PANAYIA E0UsA0F N(yfTINGHAM AND DERBY Financi81 S em¢nts for the Y 31 20 l. Aceonotln8 Polides The financial atements hav¢ t*cn wqwed under the h3storical cost convention and in a¢¢ordanc¢ with Stst¢ment of Recommeth A¢ting Practice. Accounting and Reporting by Charities (SORP 2005). Advanta8¢ IS been tsken of the wn¢essi4)ns allowed f sn]8ller ¢harities. 2. TaDgibk Fixed Aets D¢preciation has iKen )vId at the followiDg Tatss in order to write off the #s8¢ts over their estitnated us¢ful lives. Straight Lin¢ 1.5 Yo per aiinum Freehold Prowty Church Fixtures and Equipment Minister's R¢SIde Furnitur¢ and Fittin8S 25% w aDnum 3. Ineomixg Rew• 2020 Donatiryks and Gifts Church Collections Donations 32.827 18,728 65,016 51,395 (6)
PANAYIA OUsA OFNOrnNGHAM AND DERBY Suttdry Expen 2021 2020 mi¢118ne0uS items Cai¢ndars and Books T V Licence Clergy Pension Pest Control Chantering class05 725 360 158 l(K) 383 56 436 156 1376 648 2020 Fire and Safety Compu*r repairs Boiler suvice Church repairs 247 599 314 415 1939 1,512 (7)
Chwch R¢5idenc¢ 181>182 Cost At l January 2021 Additions At 31 Decemi*r 2021 24&192 246.IW2 12.459 41.938 14.999 315.588 12.459 43,550 31721XJ DePrlatIOn At l January 2021 Charge ID the Ye8r At 31 DeMb¢r 2021 22,148 18,465 1,072 14217 13.892 47.646 1259 14217 14,168 51.802 Net Book Valu¢ At 31 tknber 2021 224,IM4 112(M) 29J33 831 265J98 At l January 2021 227,727 ]1387 27,721 1.107 267.942 7. Credltorn due aft¢r oAe yQAr Bank IoAn 2021 2020 74.445 78,386 (3)
PANAVIA ELEOUSA OF NOTfiNGHAM AND DERBY Rc*ided Funds G&Tal Fund tksignated Fund Balancc at l January 176.492 35.701 Movement in Fund 179.521 35,701 The d¢signatcd fvnd moni¢s donat•J SPlfi¢ll]Y ts the wrchase or development of a new freehold prowty. (9)