## **St Thomas Indian Orthodox Church Sunderland Charity No. 1150827 Financial Statements For The year Ended 31 March 2025**
**Razak & Co Chartered Certified Accountants 6 Hutton Terrace Jesmond Newcastle upon Tyne Tyne & Wear NE2 1QT**
## **St Thomas Indian Orthodox Church Sunderland Financial Statements For The year Ended 31 March 2025**
## **Contents**
||**Page**|
|---|---|
|Trustees Report|1|
|Independent Examiners Report|2|
|Financial Statements and Notes|3-6|
**St Thomas Indian Orthodox Church Sunderland Financial Statements For The year Ended 31 March 2025**
## **Trustees Annual Report**
Charity Name:
St Thomas Iindian Orthodox Church Sunderland
Principal Address of Charity:
Church address:
26 St Buryan Crescent Newcastle upon Tyne NE5 3XF Front Street, Winlation Blaydon, NE21 4RF
## **Objects of the Charity**
The Charity's objects are to provide a cultural religious and socio-religious base for the Indian Orthodox Community in the Newcastle upon Tyne, Tyne & Wear area.
## **Names of the Trustees**
The trustees of the charity are as follows:
Mr Biju Varghese
The trustees are elected in open general meetings and continue in office until:
- (i) their death or
- (ii) their resignation or
(iii) are deselected in open general meeting.
## **Activities & Achievements**
The charity has continued in its objectives stated above by providing an open and easy and free means for the Indian Orthodox community in the area to engage in their religious and cultural heritage. The trustees have continued to adopt a prudent and rational basis for the investment of the charity funds with reserves being maintained at a high level. The trustees have taken no risks with the assets of the charity that have been entrusted upon them.
## **Declaration**
I declare in my capacity of charity chairperson that the trustees have approved the above report and have authorised me to sign it on their behalf.
**…................................. Mr Biju Varghese 28 October 2025**
1
## **Report to the Trustees and Members of St Thomas Indian Orthodox Church Sunderland on the Financial Statements For The year Ended 31 March 2025**
## **Respective Responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
(i) examine the accounts under section 145 of the 2011 Act
(ii) to follow the procedures laid down in the general Directions given by the commision under section 145(5)(b) of the 2011 Act
(iii) to state whether particular matters have come to our attention
## **Basis of Independent Examiner's Statement**
Our examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration 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 evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those set out in the next statement.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention
(1) which gives me reasonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 130 of the 2011 Act and
(ii) to prepare accounts which accord with the accounting records and 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 reached
**…............................... Razak & Co Chartered Certified Accountants 6 Hutton Terrace Newcastle upon Tyne Tyne & Wear NE2 1QT**
## **28 October 2025**
2
## **St Thomas Indian Orthodox Church Sunderland Accounting Statement Statement of Financial Activities for the year ended 31 March 2025**
## **Income Resources**
|**Notes**
**Incoming Resources**
Donations
Offerings
Subscriptions
Hmrc - Refund
**Total Incoming Resources**
**Resources Expended**
Costs of Activities for Charitable Objectives
(2bii)
Total Resources Expended
**Net Movement in Funds**|**2025**
**2024**
**£**
**£**
28,346
24,279
12,196
6,587
22,462
20,205
11,318
7,845
74,322
58,916
56,549
31,701
56,549
31,701
17,773
27,215
**Unrestricted Funds**|**2025**
**2024**
**£**
**£**
28,346
24,279
12,196
6,587
22,462
20,205
11,318
7,845
74,322
58,916
56,549
31,701
56,549
31,701
17,773
27,215
**Unrestricted Funds**|
|---|---|---|
|||58,916|
|||31,701|
|||31,701|
||||
|||27,215|
3
## **St Thomas Indian Orthodox Church Sunderland Balance Sheet as at 31 March 2025**
|**Notes**
**Fixed assets**
Equipment, machinery and motor vehicles
6
Freehold property
**Current assets**
Cash at bank and in hand
Cash in hand
**Current liabilities**
Creditors - (Accrued Expenses)
**Net current assets**
Loans due after more than one year
**Net assets**
**Represented By:**
**Income Funds**
**Unrestricted Funds**
Funds brought forward
Surplus for the year|26,542
-|**2025**
**£**
3,438
186,920
190,358
26,542
(31,170)
185,730
167,957
17,773
185,730|45,254
2,722|**2024**
**£**
4,045
152,640|
|---|---|---|---|---|
|||||156,685
43,474
(32,202)|
||26,542||47,976||
||-||4,502||
||||||
|||||167,957|
|||||140,742
27,215|
|||||167,957|
4
**St Thomas Indian Orthodox Church Sunderland Notes to the Financial Statements for the year ended 31 March 2025**
## **1 Accounting policies**
## **(a) Basis of accounting**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charity Act 2011.
## **2 Expenditure**
## **(a) Fees for examining the accounts**
No fees have been charged for examining these accounts.
## **(b) Analysis of resources expended**
## **(i) Charitable expenditure**
|**2025**
**£**
**Cost of activities in furtherance of the Charity's objectives**
Bank charges
93
Light and heat
2,650
Interest
5,073
Stationery and printing
3,156
Repairs and maintenance
1,283
Water rates
1,262
Bishop expense
500
Charity donations
1,675
Rev Achen
4,950
Vicar expense
10,100
Travel and subsistence
1,402
Telephone and internet
429
Other insurance costs
707
Depreciation
607
Other expenses
22,662
56,549|**2024**
**£**
99
1,878
1,290
370
7,045
369
500
670
1,587
7,450
878
417
604
714
7,830|
|---|---|
||31,701|
## **(ii) Cost of activities in furtherance of the Charity's objectives**
## **3 Employees**
All of the charity’s employees were engaged in activities in furtherance of the charity’s objectives namely teaching and religious duties.
## **3 Trustees and other related parties**
5
## **St Thomas Indian Orthodox Church Sunderland Notes to the Financial Statements for the year ended 31 March 2025**
No payments were made to trustees or other related parties for reimbursement of out of pocket expenses incurred by them. There were no related party transactions during the year.
## **4 Contingent liabilities**
All material liabilities that existed at the year-end, have been included in the balance sheet.
6
**St Thomas Indian Orthodox Church Sunderland Notes to the Financial Statements for the year ended 31 March 2025**
## **5 Declaration**
## **(a) Charges in year end**
The trustees have established 31 March as the financial year end date.
## **(b) Designated funds**
The Charity does not have any designated funds.
## **(c) Discontinued, continuing and acquired operations**
All the charities operations are continuing operations and there were no operations discontinued or acquired during the year.
## **(d) Inalienable or historic assets**
The charity has no assets at the balance sheet dated classed as inalienable or historic.
## **(e) Intangible assets**
The charity has no intangible assets.
## **(f) Subsidiaries**
The charity has no subsidiary companies.
## **(g) Uncapitalised fixed assets**
The charity has no material fixed assets, which have not been capitalised and included on the balance sheet.
7