GREEK ORTHODOX COMMUNITY OF MILTON .;,;. ,
KEYNES AND SURROUNDING DISTRICT ,
FINANCIAL STATEMENTS ,,
. FOR THE YEAR ENDED
30 NOVEMBER 2023
Reglstered Charity Number: 11,18744

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
CONTENTS
Pago
Legal and Adminlstrative Information
Report of the Trustees
Independent Examinerf5 Report
Slatemgnt of Finan¢lal Activities
Balance Sheet
10
Notes to the Financlal Statements

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEES..
Mrs A E Anlhi
Mr C Tzallas
Mrs D K Beales
HE Nikitas Archbishop of Thyateira & Great Brltain
PRINCIPAL OFFICE..
London Road
Stony Strattord
Milton Keynes
MK11 1JA
REGISTERED CHARITY NO..
1118744
INDEPENDENT EXAMINERS..
Tearle & Carver Limited
Chartered Accountants
Chandos House
School Lane
Buckingham
MK18 1HD

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICTS.
Registered Charity No. 1118744
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 NOVEMBER 2023
The Trustees present their report along with the ftnan¢ial statements of the charity for the year ended
30 November 2023
structure, Goveman¢g and Management
1} The Trustees:
Mrs.Despina Kyriakica Beales - Vice Chairnian
Mrs ADne Elizbeth Anthi - M¢mber
Mr.Christ05 L. Tzallas- Tre8surer
His Eminence Nikitas, AA¢hbishop of Thyateira & Great Britain - Ex Officlo Chairman
The Charity was registered with the Charity Commission as Number 1118744 on 1 Oth of April 2007.
The contact address for the Charity is clo Mrs. Despbna K. Beales, 33 Overn Avenue, Buckingham,
Bu¢kingham5hire. MK18 1 LU.
2) Thg Commlttee Members..
Mrs D. K. Beales INikil - Acting - President
Mr. C. L. Tzallas - Treasurer
Mrs A. E. Anthi- Member
Mrs. A. Biniou- Member
Dr. M. Panourgia- Member
Mr. K. Alexandridis- Member
Mr. E. Melas- Member
Cpl D. Chrisloulakis - Member
Priest- In - charge,
Hieromonk Samuel Papachristophorou
31 S¢hool: The Academlc Year is from Septernber to July.
Co-OTdinator- Mrs. Anna E. Anthi
Assistant Coordinator Mr. K.Alexandridis
Treasurer- Mr. Chrislos Tzallas
Teachers Appoillted ill September 2022 for the Academic Year 2022-2023:
Mrs.Chara Orthodoxou.. Head Teacher Appointed by The Cypriot Educallon Mission London
Mr. Dimilrios Voyiatsis .' Teacher (Appointed and paiij by the EcclesiasticaVCommunSty Commilleel
and a third teacher paid by the hour from the Cypriot Educallon Mission in London
41 Ladles Charlty "St. Demètrio$.' President. Mrs Angelikl Biniou
5) Independent Examlner.
Tearlg & Carver
Chandos House
School Lane, Buckingham

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICTS.
Reg18tered Charlty No. 1118744
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 NOVEMBER 2023
61 Management:
The Community is governed by the Constitution of an Unincorporated Association to whSch the
Trustees are elected. The Trustees are responsible for managing the Charity through a CommSttee
appointed by them and meet al least once a year bul more often if need arises.
Recruitment is essentially from within the wlder Greek Orthodox Community by worcl of mouth, al
Church services or Community events. The maln income of the Charity comes through donations from
members, friends of the Communty. membership subscriptions and interest from the bank deposits
and from hiring the Church Hall on hourly basis lo local townsfolk Imainlyl and beyond. In addition and
very Importantly, income is derived from the Gift Aid Scheme, social events, fun¢tions and collections
at Church services. Donations from the parents and adult pupils of the School, are gratefully received
but we make il our duty to welcome all children regardless of Ihe parents, ability to donats. In the
samè spirit, and although we are were In need of funds, we make it clear Ihal'fee$' for Baptisms,
Memorials, Funerals or Wedding Services would be waived lor reduced) If we believe thal the
interested paty does not have the resources.
The expendlture of the Charity, apart from the loan repayments, was maSnly for Insurance, Eleclricily,
Water and Gas, malntenance expenses, some immediate needs, a150, for the provlsion of Priests,
purchase of Llturgicallchanllng Books and materials for the school.
71 Objectivès, Organlsatlon, Alms, Actlvltles The alms and objectives of the Charlty remain as
before and briefly, are..
a) to advance the Christ18n Orthodoxy
bl to support, malntaln and expand the actlvities of the Greek School,
cl together with the Sl. Demetrios Ladies Charity we organise and arrange vis115 and care for
the religious needs of people in hospitals, piisons and homes in the area,
dl to advance the Greek language and culture
el to promote the Hellenic Traditions,
fj to assist whoever has the need lo understand varlous aspects of Orthodoxy and help to
understand better the ways of practising
gl to welcome newly arrived Gomp8triols and other Orthodox Christians. help them as much as
we can to adjust in their new environment and assist them to find the appropriate information
they need.
This past year all the above mentioned. were as important as they were al the establishment of our
Community in Dec. 1989.
8) Revlew of Actlvitles and progress:
The purchase of the ￿ buildings. Church and Church Hall, completed In May 2009 and in August
2010 respectively, both Grate11 listed and being In the'privlleged. conservation area of the town,
have lo have permissions and consents by varlous official regulatory b￿leS before we embark on any
essential work or project.
The task of lookSng after necessary repairs and essential work lo the Church and Church Hall so they
continue their funGtion for the purposes they were intended was as important as ever. The Pandemic
Teslrictions that had a serious impact on our finances, and rebuilding the activities so much needed for
our survival and progres5 restarted. Of course the Church look care of the Religious aspects and the
Church Hall supplemented the work for the Community needs. Both Buildlngs but malnly the Church
buildlng, were home again to Educational Purposes.
The Church that normally atlracls visitors not only for religious purposes but also as a place of interest
and the history of the town, slarted slowly lo become alive and the Church Hall began lo rÉlracl the

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICTS.
Reglstered Charlty No. 1118744
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 NOVEMBER 2023
Inte￿st of the local charities and people who needed a venue to hold various events and for our Trust
lo receive the much needed revenue and also bring members of the Community together.
91 Flnanclal Revlew
Reserves Policy-. A reserve of nTrJnies is held in the Lloyds account and the HSBC savers account to
support any 4Jngxpe¢led costs. This is regularly been reviewed by the trustees. The Trustees consider
the Charity a going ¢onGem by virtue of the revenues shown.
Our Flnanclal Year Ends on 30th of November. So:
Decomber 2022- This month saw the Celebration of St. Ambrosios and the Christmas Service,
January, Februaryp March 2023.
We served the parishioners for our rellglous obligations, the Feast of Theophany with the Blessing of
the Waters, first the Church and then walking lo the River, followed by the traditional Theophaniada
(having warm soup on our return from the riverside) in our Swinfen Harri$ Church Hall. We marked the
Feast of the Three
Hierarchs
the Feast of the Greek Letters
and our
Cultural￿raditiOnallEduCatIOnal needs were met with celebrations and activities, takn'ng extra care to
follow necessary precaullons.
Aprll. May, June, July 2023. Lent and Holy Week Church Services were Gelebrated. the Church was
full again, The Sepulchre was decorated with the most beautiful white and yellow Spring flowers. The
night of the Resurrection saw more people coming to Church to Hear the CHRISTOS ANESTI at
midnight al the Church Yard and take The Llght as tradition has it culminating with the partaking of the
Magiritsa, the traditional Paschal soup at the very early hours of Sunday. Next morning the Service of
Agapi took place followed by the Paschal L8mblsl in the Church Yard. This Is a popular Tradition that
in our Community started in 1993 in a private house to be continued in our Community premises in
2009, even before the Church Building was acquired and we were very happy lo have had the
opportunlty lo reviv8 11 again. Before we knew it, July arrived, we held the annual Greek Festival, on
the 2￿ of the month, which is the Feast of Sl Mary of Vlachernae, first with the Church s8rvice.
followed by traditional Greek food, muslc and dance. This month saw the End of the School Year.,
August , September, October, November 2023.
The Feast of the Dormition, and a ParakkllsSs was celebrated, and September, saw the reopenSng of
the S¢hool. Mrs Chara Georgiou. Mr Dimilris Voyiatzis and an OROMISTHIA (paid by the hour by the
Cypru$ Educ. Mission in London I were appointed and the beginning of the New School Year was
marked with Agiasmos -Blesslng- in the Church.
We celebrated the Palronal Feast of St Stylianos -26111- and took part at the Stony Christmas Lights,
making it a successful event culminating in the Church Hall for food and drink.
So, another year passed, and we tried to serve as bgsl as we could.

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICTS.
Registered Charlty No. 1118744
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 NOVEMBER 2023
D. K. Beales
28 August 2024
Greek Orthodox Church of St. Stylianos & St. Ambrosios & Chapel St. Mary of Vlacherna
London Road, Stony Stratford, Buckinghamshire. MK111JA
Incorporating.. The Greek School, The Ladies Auxiliary St Dimitrios and The Swinfen Harris Chureh Hall

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
FOR THE YEAR ENDED 30 NOVEMBER 2023
We report on the accounts of the Greek Orthodox Community of Milton K8ynes and Surrounding
District for the year ended 30 November 2023 which are Sel out on pages 10 to 16.
Respective re5pon8lbllltle$ of trustees and examln•r
The charity's Iruslees are responsible for the preparation of the accounts. The charity's Iruslees
conslder that an audit Is not required for this year under section 144(2) of the Charities A¢t 2011 (the
2011 Act) and that an independent examination is needed.
11 is our responsibility lo..
examine the a¢Gounls under seclion 145 of the 2011 Act.,
follow the procedures lald down in the general Directions given by the Charity Commission
under section 145{5llbl of the 2011 Act., and
state whether partl¢ular matters have come to my allenlion.
Basls of Independent examlnerfs statement
Our examination was ¢arried out in accordants ￿th general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by th? charity and a
comparison of the accounts presented with those records. It also includes considerab'on of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the eviden¢e that would
be required in an audit, and consequently no oplnion is given 2s lo whether the accounts present a
"true and fair view" and the report is limlled to those mallers set out in the statement below.
Indgpendent examlner's Statemont
In GonneGtion with our examination, no matter has Come to our 8ttenlion.'
which gives us reasonable cause lo believe that. In any materlal respect. the requirements..
to keep accounting records in accordanGe with section 130 of the 2011 Act,. and
lo prepare accounts which accord wllh the accounting records and compty with the
accounting requlremenls of the 2011 Act have not been met,. or
lo which, in our opinion, allenlion should be drawn in order lo enable a proper understanding of
the aG¢ounls to be reached.
Tearle and Carver Limited
Chartered Accountants
Chandos House
School Lane
Bucklngham
MK18 IHD
0/ >g/ED2y

STATEMENT OF FINANCIAL ACTIVITIES
{INCLUDING SUMMARY INCOME AND EXPENOITURE ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2023
Note Unrestricted Restricted
Funds
Funds
Total
Funds
2023
Total
Funds
2022
INCOMING RESOURCES
Incomlng Resources from Ggneraled Funds
Investment Income
170
170
15
Donallons
21,967
21.967
22.628
Incoming Resources
From Charitable Adivilies
30.472
30.472
24.973
TOTAL INCOMING RESOURCES
52,609
52.609
47.616
RESOURCES EXPENDED
Costs of Generating Funds
Charitable Acliviliès
Support Cost
Inleresl on Mortgage
20,116
7.246
(19,8691
20,116
7,246
12,286
38,243
18,786
32.155
TOTAL RESOURCES EXPENDED
7,493
32,155
39.648
57,029
OTHER RECOGNISED GAINSILOSSES
GainsllLossesl on Investments
NET MOVEMENT IN FUNDS
7,493
32,155
39,648
(9,4151
RECONCILIATION OF FUNDS
Funds Bioughl Fornard
SurplusllDelicill for the Yeai
Capital Grants
21,468
7,493
243,219
32,155
264,687
39,648
274,102
19,415)
28,961
275,374
304.335
264,687
The notes on pages 1110 15 form an integral part of Ihese financial stalemenls.

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRtCT
BALANCE SHEET-30 NOVEMBER 2023
Nolg
2023
2022
FIXED ASSETS
Tangible Fixed Assets
563,285
563,530
CURRENT AssErs
Cash and Bank
10
37,278
29,785
CREDITORS AND LIABILITIES
11
296,228
328,628
TOTAL NET ASSETS
304.335
264,687
REPRESEWED BY..
FUNDS
Unreslricled Reserves
Reslricled ReseNes
28,961
275,374
21,468
243,219
304.335
264.687
These accounis weie dpproved by the Board of Trustees on .
and 51gned on its behalf by..
RF
Mr C L Tzallas
The notes on pages 1110 15 fofm an integral part of these financial slalemenls.
10

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2023
11
Princlpal Accountlng Policles
Basls of Accounting
The financial statements of the eharilable company, which is a public benefit under FRS
102, have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting
and Reporting by Charities.. Slal8menl of Recommended Practice applicable lo chartiies
preparing their accounts in aceord8n¢e with the Financial Reporting Stsndard applicable
in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151., Financial
Reportlng Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland. and the C¢Jnpanies Act 2006. The financial stslemenls have been
prepared under hisloricAI cost convenlKJn.
b}
Cash Flov
The financial statements do not include a cash flow slalement because the charity. as a
small reporting entity, is exempl from the requiremènt lo prepare such a statement under
the FRS 102
Funding Aecountlng
Funds held by the Charity are either,.
Unrestr￿ted funds are available for use al the discretion of the Trustees in furtherance of
the general objectives of the charity. Unreslricled funds include a revaluation reserve
ropresenling the restalemenl of Investment assets at market values.
dl Incoming Resources
All incoming resources are included in the stalemènl of financial activities when the Gharily
is enlilled to the income and the amount can be quantified with reasonable aGcuTacy. The
following Specif￿ policies are applied lo particular categories of income-.
Voluntary income Is received by way of grants, conations and gifts and is includwj in
full in the Slalemenl of Financial Aclivilies when receivable. Grants. where enlillemenl
18 not conditional on the delivery of a specific performance by the charity, are
recognized when the charity becomes Unconditional￿ entitled to the grant.
Donated serVI￿S and facilitiès are included at the value to tho charity where Ihls can
be quantified.
Investment income is included when receivable.
In¢orning resources from grants. where rekled to performance and specific
deliverables. are accounted for as the Lharity earns the right lo consideration by Its
perfomiance.
el Resourcès Expended
Expendilura Is recognized on an accruals basis as 8 liabilily Is incurred.
Expenditure is indusive of VAT which ¢8nnot be recovered. and Is
reported as part ol the expendlture lo whlch il relales..
Costs of generallng funds comprfse the costs associated with allracting voluntary income.
Supporl costs induda those costs associated with meeting the conslilulional and slalulory
réquirements ol Ihe charily and include the audll fees and cosls Ilnked Its the strategic
management of the charity,
All ¢osls are allocated b¢tween the expendiluie calegorfes of Ihe SOFA on a basis
designed lo reflect the use of the resource. Costs ielaling lo a particular acbvity ar8
allocated directty, others are apportioned on an appropriate basis.

GREEK ORTHODOX COMMUNITYOF MILTON KEYNES AND SURROUNDING DISTRICT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
Iconllnuedl
Tangible Flxed Assets
Tangible Flxed Assets are depreciated on a straight basis over their estimated useful1Sv8S
as follows.'-
Fixtures and Fittings
Freehokl Property
20%
g) Investments
Investmen18 are 51aled al market value al the balance sheet dale. The SOFA includes the
nel gains and losses arising on Tevalualion and disposals Ihrougholrt the year.
21 Trustées Remuneratlon
Mernbers of the Board of Trustees receive no remuneration for their services. No travel and meéllng
expenses were reimburséd during Ihe year.
Inv•strnent Income
Unrestricted Rgstrlcted
2023
Total
2022
Total
Bank Intere81
170
170
1S
170
170
15
4}
Donatlons
Unrestrlcted Restrlcted
2023
Total
2022
Total
Voluntary Donations
Donaligns lo School
Gift Aid Recoveied
11,350
6.390
4,227
11,350
6,390
4.227
13,179
6,389
3,060
21,967
21,967
22.628
12

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
IContlnu•dl
51
Incoming R•sourc•s from Charitsbla Actlvities
Unrestricted Restricted
2023
Total
2022
Total
Church A¢tlvillès
Hall Aclivilles
Fundraising Acliwties
6.195
18.185
e.092
6,195
18.185
6.092
5.484
18,190
1,299
30,472
30,472
24.973
61
Charitablè Actlvltles Expenditure
Unrèstrictod Restricted
2023
Total
2022
Totsl
Priest and Chanters
ArchdSocèse
7,322
7,322
6,370
1,835
4,771
24,131
7.669
2409
716
2000
7,fj69
2409
716
2000
Repairs & Renewal8
Fundraising Events
School costs
Repayment of donation5
1,136
20,116
20.116
38,243
71
Supportcosts
Unrestricted Restricted
2023
Total
2022
Total
Interest Payments
(19,869)
32.155
112,286)
13.861
Unrestrl¢tod
2023
Total
2022
Total
Professlonal Fee8
Donallons & Subscriptions
Deprèciation of Fixtures & Flttings
Sundry Exp8n8es
Insurance
Other interesls
Cash for l¢onogTapher
2.(MO
2,040
2,120
245
245
245
2,807
154
2,(K)O
2,807
2.000
7.246
7,246
18,786
13

GREEK ORTHODOX COMMUNITY OF r￿ILToN KEYNES AND SURROUNDING DISTRICT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
(Con￿nU9d)
8)
Staff Costs
The avgrage monthly number of empk>yees during the year was as follows..
2023
2022
9}
Flxed Assets
2023
Totsl
2022
Total
Flxtures & Freehold
Fittings
Proparty
COST
Al 1 December 2022
Opening balance adjustment
Additi'ons
Disposal
5,228
565.000
570,228
570,228
AI 30 Novernbei 2023
5,228
565,000
570,228
570,228
DEPRECIATION
Al 1 December 2022
Charge for the Period
5,228
1,470
245
6,698
245
6,453
245
AI 30 November 2023
5.228
1,715
6,943
6,698
NET BOOK VALUE
At 30 November 2023
563,285
563,285
563,530
AI 30 November 2022
563.530
563,530
563.775
14

GREEK ORTHODOX COMMUNITY OF MILTON KEYNES AND SURROUNDING DISTRICT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
(Continued)
101
Bank and Cash
2023
2022
Cash In Hand
HSBC Current Account
HSBC High Interest Account
Lloyds Treasuier
60
10,454
12,010
7,261
14.297
12.180
10.741
37,278
29,785
111
Credltors and Accruals
Amounts falllng dug within one year.
2023
2022
Mortgages
Insurance
A¢cru8ls
Loan
287,911
3.767
550
4.QC
320,311
3,767
550
4,000
296,228
328,628
121
POST BAL4NCE SHEET EVENTS
The impact of Covid-19 could create a continued material adverse impact on economies and market
conditions around the woild, whlch in turn may impact the financial performance of the charity. The
charity considers any possible disrupllons to be temporary and follows the market davelopmenls very
closely, adgpling its operations corbtinuously aceordingty.
15