**Charity Number 1140421**
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2022**
**ACCOUNTS GEEK LTD**
**243 Harehills Lane**
**Leeds**
**West Yorkshire**
**LS8 3RG**
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST**
## **ACCOUNTS**
## **FOR THE YEAR ENDED 5 APRIL 2022**
## **CONTENTS**
|Trustees' annual report --------------------------------------------------------------------|1 - 2|
|---|---|
|Independent examiner's report ----------------------------------------------------------|3|
|Balance Sheet ---------------------------------------------------------------------------------|4|
|Statement of financial activities ----------------------------------------------------------|5|
|Notes to the accounts ----------------------------------------------------------------------|6 - 7|
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST TRUSTEES' ANNUAL REPORT**
## **FOR THE YEAR ENDED 5 APRIL 2022**
The trustees present their report and the unaudited accounts of the charity for the year ended 5 April 2022.
## **REFERENCES AND ADMINISTRATIVE DETAILS**
**Registered charity name** Saint Makarios The Great Ecclesiastical Trust **Charity registration number** 1140421 **Principal Office** 109 Stanks Drive Horsforth Leeds LS14 5NS
## **The trustees**
The trustees who served the charity during the period were as follows:
Rev.Dr. Petru Ciprian Nedelcu (Chairman) Mr. George Adrobotoaiei (Hon Treasurer) Mrs. Diana Bagrin (Hon Secretary- Appointed July 2021) Mr. Vasili Butnaru (Appointed July 2021) Mr. Mihai Costandache (Appointed July 2021) Mr. Cristian Solcanu (Resigned July 2021) Mr. Ciprian Rosu (Resigned July 2021)
## **Independent examiner**
All Day Accountants Ltd 243 Harehills Lane Leeds LS8 3RG
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Saint Markarios The Great Ecclesiastical Trust was established in September 2010 and its constitution is governed by a Trust Deed dated 13th February 2011 as amended on 15 January 2021. The charity is managed by a Board of Trustees and their details are as shown above.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the charity are:
(i) to advance the Christian Religion for the benefit of the public in accordance with the doctrines of the Romanian Orthodox Church and
(ii) charitable purposes for the public benefit as are exclusively charitable according to
the laws of England and Wales as the Trustees may from time to time determine.
1
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST TRUSTEES' ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2022**
The charity's registered working name is SMOC.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
## **ACHIEVEMENTS AND PERFORMANCE**
The charity was established in September 2010 with the goal to advance the Orthodox Christian religion for the benefit of the public in accordance with the doctrines and teachings of the Romanian Orthodox Church. The first objective was to raise money through donations to facilitate the purchase of a church property from the Church of England. The purchase of the then redundant Church of 'Saint Michael and All Angels' was complete in October 2011 and consecrated two years later, in September 2013. The church has been used as place for worship since November 2011.
Up to the beginning of the current reporting period, the charity achieved major milestones, including the installation of a ceremonial wooden screen, _iconostasis_ , refurbishment of the old vestry and organ rooms, refurbishment of the church hall, repair the church heating system, church structural repair the tower bell was consolidated and the new bell was placed in, CCTV System was installed, all old church lamps have been replaced with economical LED lamps, the confession room was completely renovated, church heating system was replaced, two chandeliers were installed in the church, a parish library was arranged, purchased a large candles support, video network (live broadcast of divine services) was installed, church roof partially repaired.
Over the reporting period, the charity ran the property safely, especially in this period of pandemic. Therefore, we have strictly followed the Government's recommendations. Also, during the 06 April 2021 - 05 April 2022 period, the following works took place: the heating system replaced in the church hall and we started painting the icons on the church walls in accordance with the Orthodox Christian tradition.
## **PLANS FOR FUTURE PERIODS**
For the upcoming reporting periods, the trustees team will be considered a number of projects, as: (i) To continue the painting of icons on the church walls. It is a complex process with 700m2 to cover and will take about 5 years.
(ii) Some repairs in the church hall (to repair or replace the access doors, to arrange the parking lot, to buy new tables/chairs.
## **FINANCIAL REVIEW**
The statement of financial activities annexed here to show a surplus for the year of £30,171 leaving a balance to carry forward of £241,659.
## **Signed on behalf of trustees**
04-Jan-23
Rev. Dr. Petru Ciprian Nedelcu
2
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2022**
I report to the trustees on my examination of the accounts of the charity for the year ended 5 April 2022 which are set out on pages 4 to 7.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. The trustees also considering that an audit is not required for this year under section 144(2) of the Charities Act 2011 and examination is needed.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the Act 2011 and in carrying out my examination, I have followed all the applicable directions given by Charity commission under section 145(5)(b) of the Act 2011.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT**
My examination was carried out in accordance with the 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 option is given as to whether the accounts present a true and fair view and the report is limited to those mattes set out in the statement below.
## **INDEPENDET EXAMINER'S STATEMENT**
In accordance 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:
- To keep accounting records in accordance with section 130 of the 2011 Act: and
- To prepare accounts 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.
## _Shabaz Ahmed_
Shabaz Ahmed All Day Accountants Ltd Independent Examiner
04-Jan-23
3
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST**
## **BALANCE SHEET AS ON 5 APRIL 2022**
|**Note**
**FIXED ASSETS**
Tangible assets
2
**CURRENT ASSETS**
Cash at bank
3
**CURRENT LIABILITIES**
4
**NET CURRENT ASSETS**
**TOTAL ASSETS**
**FUNDS**
Unrestricted funds
5
**TOTAL FUNDS**|**5 April 2022**
**£**
116,684
125,705
(740)
124,965
241,649
241,659
241,659|**5 April 2021**
**£**
116,684
95,544
(740)
94,804|
|---|---|---|
|||211,488|
|||211,488|
|||211,488|
These accounts were approved and signed on behalf of trustees and authorised for issue 04 January 2023.
Rev. Dr. Petru Ciprian Nedelcu
4
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022**
|**Note**
**INCOME RESOURCES**
Voluntary income
6
Activities from generating funds
7
Investment income
8
**Total incoming resources**
**RESOURCES EXPENDED**
Cost of generating voluntary income
9
**NET INCOMING/(OUTGOING) RESOUCES**
Total fund brought forward
**TOTAL FUND CARRIED FORWARD**|**Unrestricted**
**Funds**
99,876
18,508
118,384
88,213
30,171
211,488
241,659|**Total**
**Funds**
**5 April 2022**
99,876
18,508
118,384
88,213
30,171
211,488
241,659|**Total**
**Funds**
**5 April 2021**
49,157
19,100
40|
|---|---|---|---|
||||68,298
39,018|
||||29,280
182,208|
||||211,488|
These Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities.
5
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
The accounts have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005).
## **2. Fixed Assets**
All fixed assets are initially recorded at cost.
## **TANGIBLE FIXED ASSETS**
|**COST**
At 6 April 2021
Additions
At 5 April 2022
**DEPRECIATION**
At 6 April 2021
Charged during the year
At 5 April 2022
**NET BOOK VALUE**
At 5 April 2021
At 5 April 2022
**3.**
**CASH & BANK**
**4.**
**CURRENT LAIBILITIES**
Accountancy Fee Payable
**5.**
**UNRESTRICTED FUNDS**
General Funds|**Land**
**&**
**Building**
**£**
51,000
51,000
-
-
-
51,000
51,000
125,705
740
**Balance at**
**5 April 2021**
211,488|**Plant**
**&**
**Machinery**
**£**
65,684
65,684
-
-
-
65,684
65,684
**Incoming**
**Resources**
30,171|**Total**
**£**
116,684
**Assets**|
|---|---|---|---|
||||116,684|
||||-
-|
||||-|
|||||
||||116,684|
||||116,684|
||||**Balance at**
**5 April 2022**
241,659|
6
## **SAINT MAKARIOS THE GREAT ECCLESIASTICAL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2022**
## **6. VOLUNTARY INCOME**
|**6.**|**VOLUNTARY INCOME**||||
|---|---|---|---|---|
|||**Unrestricted**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|
||||**5 April 2022**|**5 April 2021**|
||Income from donations|96,018|96,018|40,117|
||Gift Aid claims & Others|9,249|9,249|11,903|
|||105,267|105,267|52,020|
|||**Unrestricted**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|
||||**5 April 2022**|**5 April 2021**|
|**7.**|**INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS**||||
||Other activities for generating funds|13,107|13,107|16,227|
|**8.**|**INVESTMENT INCOME**||||
||Bank interest|-|-|40|
|**9.**|**COSTS OF GENERATING VOLUNTARY**|**INCOME**|||
||Support costs|88,213|88,213|39,018|
|**10.**|**COSTS AND EMOLUMENTS**||||
No salaries or wages have been paid to trustees, including the member of the committee, during the year.
7