Trustees’ Annual Report for the period
From 01/01/2020 To 31/12/2020
Charity name: The Greek Orthodox Community of the Holy Trinity and Saint Luke, Birmingham
Charity registration number: 1161400
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Advance the Greek Orthodox Christian faith. Provision of a place for the fulfilment of the religious needs of Greek Orthodox Christians. Relieve sickness and financial hardship Advance education. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Religious services, Sunday Schools and organised talks, provision of funds for the relief of sickness, financial hardship. Provision of counselling and support. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Advancement of the Christian Orthodox Faith. Religious activities including baptisms, marriages, funerals. The relief of poverty. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity’s income was £85,647 and expenditure was £85,307. See financial statement for year ended 31 December 2020 attached. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The reserves shall be used for furthering the objectives of the charity and do not belong to the members. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Association |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected every two years. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | The Greek Orthodox Community of the Holy Trinity and Saint Luke, Birmingham |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1161400 |
| Charity’s principal address | Magnet Centre, Park Approach. Erdington, Birmingham, B23 7SL. |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Anastasios Menicou |
Chairman | |||
| Theocharis Jordanou |
Treasurer | |||
| Eleni Markou | ||||
| Zacharias Ioannou | ||||
| Andreas Kamenou | ||||
| Fotoulla Lytras | ||||
| Chrystalla Christophorou |
||||
| Tomazos Serghi | ||||
| Antonios Kounavos | Secretary | |||
| George Georgiou |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Advisor | Marneros Marcus & Co |
First Floor, Hagley Court, 40 Vicarage Road, Edgbaston, Birmingham, B15 3EZ. |
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
8018 Declaiations The Iiuslees declare thèl they have appioved Ihe Iruslees, iepoil above. Signed on behalf of Ihe charity'5 trustee5 Signalure(s> Full name(s) Position (eg Secretary, Chair, etc) Date SI-10-20XI Charity Accounts lemateS-lfUsteeS, annval répcsrl10s the perlod October 2016
Charity No: 1161400
Greek Orthodox Church of The Holy Trinity & St. Luke
Financial Statements
for the year ended 31 December 2020
Greek Orthodox Church of The Holy Trinity & St. Luke Contents
| Page | |
|---|---|
| Business information | 1 |
| Approval statement | 2 |
| Accountants' report | 3 |
| Profit and loss account | 4 |
| Balance sheet | 5 |
| Notes to the accounts | 6 |
Greek Orthodox Church of The Holy Trinity & St. Luke Information
Chairman of Trustees Mr Anastasios Menicou
Accountants Marneros Marcus & Co Chartered Certified Accountants First Floor, Hagley Court 40 Vicarage Road Edgbaston B15 3EZ
Church address Magnet Centre Park Approach Birmingham B23 7SL Charity No: 1161400
1
Greek Orthodox Church of The Holy Trinity & St. Luke Trustees. Approval stalemenl I dpprove the accouiil?) whiLh comprise of the Profit Ind Lo85 Account, ¢he Balance Sheet and the relat nulrs. I dLknowl¢dg¢ my r¢spun&ibiliiy for thc accours1%, including the appropriat¢n¢8$ of th¢ appliLxble fjnanciiil i¢pvtling Iramework a% %cl Liul in no* I, and for providin¥ Mam¢ros Marelts & Co with all informaLion and expluna¢ioo$ ne¢essary for their cornpilation. Mr Anusthsios Menicou 7 Seplember 2021
Greek Orthodox Church of The Holy Trinity & St. Luke
Accountants' report on the unaudited accounts to Greek Orthodox Church of The Holy Trinity & St. Luke
You have approved the accounts for the year ended 31 December 2020 which comprise the Profit and Loss Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
Marneros Marcus & Co Chartered Certified Accountants First Floor, Hagley Court 40 Vicarage Road Edgbaston Birmingham B15 3EZ
7 September 2021
3
Greek Orthodox Church of The Holy Trinity & St. Luke Profit and Loss Account
for the year ended 31 December 2020
| Income Other business income Expenses Wages, salaries and other staff costs Car, van and travel expenses Rent, rates, power and insurance costs Repairs and renewals of property and equipment Telephone, fax, stationery and other office costs Advertising and business entertainment costs Bank, credit card and other finance charges Other business expenses Profit |
2020 £ 81,787 3,860 33,719 - 23,890 64 25,746 141 18 1,729 85,307 340 |
2019 £ 109,632 291 28,052 1,410 23,080 3,294 31,649 - 88 4,499 |
|---|---|---|
| 92,072 | ||
| 17,851 |
4
Greek Orthodox Church of The Holy Trinity & St. Luke Balance Sheet as at 31 December 2020
| Notes Fixed assets Equipment, machinery and motor vehicles 3 Other fixed assets 4 Current assets Other debtors Bank/building society balances Cash in hand Current liabilities Trade creditors Other liabilities and accruals Net current assets Net assets Capital account Balance at start of period Net profit |
555 72,822 148 |
2020 £ 343,403 461,451 |
555 76,756 1,318 |
2019 £ 339,658 461,451 |
|---|---|---|---|---|
| 801,109 76,983 |
||||
| 73,525 | 78,629 | |||
| 620 1,026 |
||||
| 1,646 | ||||
| 878,432 | 878,092 | |||
| 878,092 340 |
860,241 17,851 |
|||
| 878,432 | 878,092 |
5
Greek Orthodox Church of The Holy Trinity & St. Luke Notes to the Accounts for the year ended 31 December 2020
1 Accounting basis
The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.
2 Profit and loss account analysis
| Profit and loss account analysis | ||
|---|---|---|
| Notes Income Advertising, calendars and books Collections at church Donations and subscriptions Raffles and special events Gift Aid Collections for Monastery Religious ceremonies HMRC charities refund Other income Interest receivable HMRC JRS Grants Wages, salaries and other staff costs Salaries and travelling Greek Clergy pensions Car, van and travel expenses Travel and subsistence Rent, rates, power and insurance costs Rent to Kypriaki Estia Insurance Cleaning Repairs and renewals of property and equipment Repairs and maintenance Telephone, fax, stationery and other office costs Telephone and fax Postage, printing, stationery and candles Books Candles Stationery and printing Calendars and books Equipment expensed Catering for fair |
2020 £ 5,946 36,713 8,530 5,300 5,875 3,220 3,200 13,003 81,787 38 3,822 3,860 33,619 100 33,719 - 19,200 2,409 2,281 23,890 64 1,224 51 270 2,282 4,100 1,070 44 555 |
2019 £ 3,570 67,559 19,328 - - - 8,090 11,085 |
| 109,632 | ||
| 291 - |
||
| 291 | ||
| 28,052 - |
||
| 28,052 | ||
| 1,410 | ||
| 19,200 1,800 2,080 |
||
| 23,080 | ||
| 3,294 | ||
| 1,183 55 - 841 43 4,648 69 825 |
6
Greek Orthodox Church of The Holy Trinity & St. Luke Notes to the Accounts for the year ended 31 December 2020
| Commission to Archdiocese Donations 5 Memberships Raffle prizes Security costs Wreaths Website Accomodation and travelling Advertising and business entertainment costs Hospitality Bank, credit card and other finance charges Bank charges Other business expenses Sundry expenses |
2,010 7,820 - 1,554 3,389 273 954 150 25,746 141 18 1,729 |
2,195 15,930 1,400 600 3,331 18 - 511 |
|---|---|---|
| 31,649 | ||
| - | ||
| 88 | ||
| 4,499 |
7
Greek Orthodox Church of The Holy Trinity & St. Luke Notes to the Accounts
for the year ended 31 December 2020
- 3 Plant, machinery and motor vehicles
| 3 Plant, machinery and motor vehicles |
||
|---|---|---|
| Furniture, fixtures & Fittings £ Cost At 1 January 2020 105,228 Additions 945 At 31 December 2020 106,173 Depreciation At 31 December 2020 - Net book value At 31 December 2020 106,173 At 31 December 2019 105,228 4 Other fixed assets Premises Alterations and improvements 5 Donations made by the church Greek School Greek Orthodox Archiocese Association of greek othodox communities Midlands Greek Cypriot Association Donation to MGCA Kardana Andriani Dimitris Donation Lagis Greek Kitchen Miscellaneous Archdiocese of Thyateira & Great Britan Community of St John the Bapist |
Religious icons £ 234,430 2,800 237,230 - 237,230 234,430 2020 £ 334,932 126,519 461,451 2020 £ 600 100 - 700 - - 1,700 1,000 3,720 7,820 |
Total £ 339,658 3,745 |
| 343,403 | ||
| - | ||
| 343,403 | ||
| 339,658 | ||
| 2019 £ 334,932 126,519 |
||
| 461,451 | ||
| 2019 £ 200 500 100 10,000 2,500 300 2,330 - - |
||
| 15,930 |
8
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts SeGtlon A Independont Examlnerfs Report Report to the trusteesldirector51 members of r4E &ftEEk ITY oFI4E tr40UY Iry A> S&INJ'r On accounts for the year ended Charity no.. 116JqoO Company no.: Set out on pages I report to the charily truslees on my examination of the accounts of Ihe Company for the year ended Responsibilities and basis of report As the charity's trustees of the Company (who are also the directors of the CDmpany for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061.the 2006 Acl"). Having satisfied myself Ihal the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examinatian, I have followed the Directions given by the Charity Commission (under section 14515){bl of Ihe 2011 Act. Independent examiner's statement an 's gross income exceeded £250,000 and I undertake the exa member of linsert name of yll. Delete I l if no I have completed my examination. l confirm that no material mallers have corne to my attention (other than that disclosed below ') which gives me cause to believe that.. accounting records were not kept in accordance with section 386 of the Companies Act 2006., or the accounts do not accord with such records., or the accounts do not comply with relevant accounting requiremenls under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinalion. or .the accounts have not been prepared in accordance with the Ch8rities SORP IFRS102). IER October 2018
I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Slgned: Date: o¥ @r Name: RE MKRKIERfj Relevant professional qualificationls) or body (If any): OF eETrriFIE r¥ccOlI71frs Address: MARER(s tK4KkcvJ> FLWR IAGLEY Cwkr ov *¥STOAJ J5 EZ, Sectlon B Dlsclosure Only complete if the examiner needs to highllght material matters of concem {see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018
Mr Stefan Balliu Ul, Labska Kotlina 1014168 Cp. 50002, Hradec Kralove Czech Republic Datel. 16 October 2020 INVOICE Greek Orthodox Church of the Holy Trinity And St. Luke Magnet Centre, Park Approach Erdington Birniingham B23 7SL For services rendered in relation to the work Carried out for Religious Icons/Ayiographies Covering the period 2007 to 2020 235328.00 Payments made on account (232528.00) Balance 2800.00 th Full and fmal payment on 16 October 2020 (2800.00) Balance outstanding NIL