The Trust Fund of The Holy Trinity Armenian Church
Annual Report for 2022 calendar year
History
The Armenian Church of the Holy Trinity was opened on Easter Sunday 1870 by the relatively small but prosperous Armenian community in Manchester. The Church is thought to be the first purposebuilt Armenian Church in Northern Europe. A trust was set up in 1909 to hold the title to land and buildings and a separate trust was set up in 1920 to hold and manage financial assets. The trusts merged in 2000 and brought up to date with current charity law.
Purpose of the Trust Fund
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The purpose of the Trust Fund as currently constituted is to:
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Hold in trust the land and church building at 229 Upper Brook Street, Manchester
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Hold and manage donated funds to produce income for the management of the church and community in Manchester.
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Use the income from invested funds to support the expenses of maintaining the church property in a good state of repair, pay the salary of church official and the expenses of maintaining divine service on the church.
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Where needed to effect major repairs or extension to the church premises.
Activities in 2023
The church trust income is mainly generated from the investment managed by CCLA and car park rental. The investment income was £34K in 2023 (£34K in Trustee 2022) and income from the car park rental was £10K in 2023 (£9K in 2022).
The total operating cost was £35K in 2023. The main costs are utility and council tax costs (£10K), building repair / maintenance costs (£4K), deacon’s salary (£11K), church building insurance (£5K).
The trust bank balance is £44K as of 31 December 2023.
Divine worship
Public church services were held throughout 2023.
Trustees
| Vicken Couligian | Chairman |
|---|---|
| Douglas Buchanan | Secretary |
| Raffi Baghdjian | Trustee |
| Penny Evenson | Trustee |
| Arman Vardzaryan | Trustee |
| Lilit Mehrabyan | Treasurer/ Trustee |
Arshaluse Anne-Marie Gougazian Trustee
CONTACT DETAILS
Addresses:
Chairman
Vicken Couligian 9 Valley Drive Handforth SK9 3DN
Treasurer
Lilit Mehrabyan 60 Kingsleigh road Heaton Moor Stockport, Sk4 3PP
Lilit Mehrabyan Treasurer 10/10/24
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Vicken Couligian 29/10/2024
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CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts 8•¢llon A Ind•pend•nl Examlnerf• Report Report to the trustte$l members of Trust Fund of the Hoty Trinity Armefiian Church On account$ lor tho year ènded 0110112023-3111212023 Charlty no if any) 1147512 Set out on pages I report lo the trustees on my examination of the accounls of the above charity (llhe Trust") fof the year ended 3111212023. Responsibilities and As the charity Iruslees of the Trust, you are iesponsible for the preparation basis ol report of the accounts in a¢¢ordance wilh Ihe reouiiemenls ol the Chaflties Act 20111.lhe Act.) I report in respecl of my examination of the Trust's accounts carried out undef section 145 01 the 2011 Act and In carrying out my examination, I have followed the applicable Dire¢lions given by the Charily Commission undef seclion 14515llbl ol the Act. I have eompleled my examinalion. I confirm Ihal no malefial matters have come lo my allenlion lolher Ihan that disclosed below '} in connection wilh the examinatn which gives me ¢ause lo believe that in. any material respect.. accounling records were not kept In accordance with section 130 of the Act or the a¢¢ounls do not accord with the accounting records Independent examlnef s statement I have no nrn5 and have come across no other malters in connection wrth the examination lo which allenlion should be drawn in Ofder lo enable a proper understanding of the accounts lo be reached. Please delete the words in the br8¢kets irthey do not apply. Slgned". Date: Nam•: AKj[ls Relevant professional l Acc qualiflcationl$l or body lif any): Address: I ISF IER October 2018
Section B 018closure Only complete if the examiner needs lo highlighl mallers of concern (see CC32, Independent examination of Charity accounts. directions and guidance lor examiners). Glve here brlfrf detalll of any Items that the examlnèr wlshes to disclose. October 2018 IER