Charfty r•glslratlon numbor 1164976 (England and Wales) EXARCHATE UK DEANERY (THYATEIRA DEANERY) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
EXARCHATE UK DEANERY (THYATEIRA DEANERY) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Archpriest P Hodson, Dean arKI ex officio Chairnan Mrs S Bamard, Secretary Father I Wallis Father J L¢)we Mrs T Lowe Ms E von Schlipp8 Ms E Reyntiens, c treasurer (Apwnted 19 October 2024) Socr•tary Mrs S Bamard Ch¥rlty number 1164976 Reglstsred offlc• 85 Balmoral Road London NW2 5BH IndendnI gxamlner Rogers Spencer Newslead Hou8e Pelham Road Nottingham NG5 1AP
EXARCHATE UK DEANERY (THYATEIRA DEANERY) CONTENTS Pag• Trustees, report Independent examlnefs reFort Statement of finanual 8ctivf(ies B8lan¢e sheet Notes to the ffinancial statements 9-16
EXARCHATE UK DEANERY (THYATEIRA DEANERY) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present th&ir report and financi Statements for the yeor eTrJed 31 December 2024. The trustees hKJ Served during the year and up lo the date of this rept)rt are set out at the end of Ihls report. The finandal statements have been prepored in xc(xdanc8 Yth the accounting policies set out in note 1 to the financial $tstements and comply with the Charis governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Ststemenl of Recommended Practice applicable to chantles preparing their accounts in a)rdan wth the Finala1 Reporting Standard applicable in the UK and Republic of IrelarKI (FRS 1021" la8 amended for acccyjnting periods commancing from 1 January 20161 Objectlves and actlvltl•s The objects are to advance the Orthodox Christian Faith in accordance with Ihe prinpIeS of churGh govemmenl accepted by the Deanery n Great Britsln and Ireland. The Orthodox Christian Fath 18 defined by the goveming document to mean the faith of the One Holy Orthodox- Catholic and Apostdic Church, rooted in the Holy Tradition, and taught by the Holy scriptu8, the Sev8n Ecumenical Councils and the Lal and Promncial Counclls. and by the Holy Fathers, and as preserved and taught by the Churches of the four andenl patrlarchales of Conslantinopte, Jerusalem. Anb'oth and eXand8, arKI by the chh9$ rw in communion wth any or all ofthem. The "principles of churth govemment. are set out in the Slalutes of the Deanery. whlch themselves accord with the Stslutes of the Arthjiocese of Orthodox Parishes of Russian Tradition in VV8slgrn Europe. These principles enshrine the decisions of the CoLrriI of Moscow of 1917-18. The Statutes provide a formal structure for lh8 esbytery. and for the Deanery A88embly and the Deanery ExecJAve (the Tru8leeBI. The sLu$ of Exarchale was thdrawn by a decision of the Hdy Synod of the Ecumenlcal Patriar¢hae on 27th November 2018, with proposals for a new organisation. In November 2019 the Dèanery was received into the Archdiocese of Thyateira and Great Britain. The Deanery Trust continued lo be registered wth the Charfty Commission under the name of Exarchate UK Deanery during 2023 pending fomial agreement by the trustees to a revised name. It is now known infomially as Thyateira Deanery. The De8nery 1$ committed lo developing a locally-based Orthodox Church which 18 open to dl who wish lo come and leam more about the Orthodox Christian Faith, without regard to nationality, language, racial or cultural backgrwnd. The Deanery is strongly committed to the view. expressed by the late Metropolitan Anthcny of Sourozh, of blessed memory 11914-2003). that the Orthodox Falth must be rooted in the Gulture of the pl vthere its p8op18 IN8. Accordingty, Ihg communities of the Deanery now use English as the principal language of Ilbjrgleal prayer. Members of the Deanery work, wherever possible, other Chr18tlan group8 and seek lo develop good relationships with representatives of other faiths and, indeed, wlh those who (10 not profess any religious faith. In a spirit of t0ran and peac whi15t holding ffimi to the fulln&s$ of the Orthodox Faith they have received as thelr Inheritance. The Deanery is likety to play a more signfficant re in wider society than the numbor of its Parishes arKI ELanstIC Communities would suggest, prec4sely because its memter8 are fully In¢orported wlh ihe local mmunity, and do not see themselvfjs as representing a foreign faith. Th@ trust98s have paid du8 regard to guidance issued by the Charity Commission in derydiro what ac*lvilles the charty should undertake and In particular the specific guidance for charrties for the advancem8nt of religion.
EXARCHATE UK DEANERY (THYATEIRA DEANERY) TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Achlgv•mwts and p•rforn)ance Parishes and Communiti8S There Vre nine Parlshes and seven Eu¢hari$ti¢ Communities during 2024, as w911 as a few small monastlc houses, known as skeles in the Orthodox traditi, where members of the Deanery cary on s mor8 or less secluded lrfe of prayer. and places where occasional service8 tske place. PaBtorg1 Care and Ove For th8 year 2024 the Deanery Wds under the pastoral rarg of His Eminence Archb18hop Nikitas of Thyalelra and Great Britain. The Archbishop was able lo undertake some activities for the Deanery, b¢)t his dutles as a member of the Holy Synod caused some restrictions. Ordination8 and Cler FormatK)n The dergy were able to hold face-to-face meetings in 2024. Thare was one ordingtion to the dHcon8te during ts year. Th8 maln actlvlty within the Deanery for youth 1$ the annual children'8 summer camp. The respon8it411ty for organising, atJminislering and financlng the camp is held by the Parish of Sl Peter and Si Paul in Clapham, London. The camp took place again in South Wale5, and il was the fftelh annivorsary sinre tho founding of the first diocesan comp ty Father Michael Fortounatto. nual Conference and Festtval The Deanery Annual Conference and Festival wgs once again held al the Hlgh Leigh Conference ctre near Hodd8sdon in May 2024. Thanks to inlgrfjstirwJ and challerrfJing spgakers and fvll Involvement by patycipants the event can be considered a success. ion5 Joumal and bSite The website, loealed al htt .'lfth at ira-deane .uk, ha8 cont1nd lo be the pr11PaI means of eommunication ith the members of the Deanery and the wder public. This website wll be updated and renewed durfng 2025 and 2026 to refiect the gr(hfig nature of the Deanery, lo help lo orlentate newmerS lo the Church and lo provide extended seNices for the currenl members of Ihe Deanery. Therefore plans, designs and engagement of a development o)mpany are being aTrang8d by lh8 team of D8anery IAÈbste Managers The Deanery had been a member of Churches Together in Britain and Ireland ICT811 and of Churches Together In England ICTEI, and of the Religious Education Councal for England IRECI. These reSponsibltieS have now been assumed by the Arthdiocese of Thyaleira and Great Bdtsln. Father Alexander Fosb'ropoulos has been able to take part in the CTE Enabling Group and olher dulles, now representing the Archdiocese of Thyateiro and Great Britain. ereVer pos5ib18 mombgrs of the Deanery play a full part in the Standing Advlsory Committees for Religlous Educatlon {SACREsl as well as other bcol ecumenical and inter-faith projgds.
EXARCHATE UK DEANERY {THYATEIRA DEANERY) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Flnanclal rnvl•w The finances of the Deanery have opersled 50 far the principlg of income and expenditure broadly matching. Many members fn'ends have rnade monthly wntrfbutlons and every parish has to pay a percentage of it5 Income to the Deanery. Parishes ware allowèd a 'eontribution holKlay' during the pandemic. The Deanery did make a voluntary contribulon to the Archd10se in 2022 and 2023, and have agr8ed that we will continu8 using our previous method of calculating our contribLrti¢)n. We arg asking parlshes to contrfbute percentage of thoir income to the Deanery as was the case In preou5 years. The Deanery received a Port of a bequest that was given to parishes of Archdiocese of Ru$$ian Tradill In Westem Europe that remained wrthin the Ecumenical Patriarchate in 2022. The Oeanery ExetsJtNe 5¢1 up working paty to ¢J)nsider the most appropriate way lo use th8 funds recdved from P1$ for the benefit of our parishes and the Deanery as a whole. Some pr8paratory work ha8 been made in this area. RoB•rvaB Poll¢y Pdicy is for there to be 8 minimum general r888rve of £8,000, vthich would keep the Deanery runnirKJ for six month8. Thls pollcy ha8 en met. Rlsk Aqanagement The Deanary Is dep8ndenl 8olety on th6 generOty of it6 SUPPOrters and could not continue that work If regular Income, and the contrfbutKJns from rishes, ever failed. Plans for the Futur8 The Deanery antlclpates a conUnuing slow growth in numkers. and the development of more Eucharisll¢ Communities Snlo fvll Parishe8. a8 God wlls. Funds have been established to allow the further dfrvelopment of morra51iG cc¥nmunMles and for supm of the Clergy.
EXARCHATE UK DEANERY ITHYATEIRA DEANERY) TRUSTEES. REPORT ICOPrnNUED} F•**rl F•lwJ L¢•
EXARCHATE UK DEANERY (THYATEIRA DEANERY) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EXARCHATE UK DEANERY I report to the tharity trustees C my examinat[c of the flnanclal 8tatement8 of Exarthate UK Deanery (the charity) for thg yfjar ended 31 December 2024 which are set out c) page8 7 to 18. R•spons•bilitl•s •nd basls of report As the tru$tees of the charity you are responslble for the preparation of the financial statements In oTanCe with the requirements of the Charities Ad 2011 (the 2011 Act). I rept in respect of my examination of the charity'5 finandal statements carrfed out under section 145 of the Act and in carryirg out my examination I have fdlowed all th6 applkable Dire¢lion$ 9i¥en by the Chty commiss UTher section 1451511bl of IheAcl. Indep•nd•nt •xJmlne¢• statsment I confim that l am qualif to undertake the examlnatlon because l am a member of ICAEW Ilnstitute of Chartered Attountts in England arKI IA&l8s), is one of the listed bodies. I hove completed my examination. I confirm that no matters have ¢ome lo my attention in ojnnethon Yth the examination giving me cause to believe that In any materf81 re8pect'. accounting records were not kept in respect of Ihe charty as required by section 130 of Act.. or the financial statements do not ¥crd with those records., or the financial stalemerts do not comply wlth thè applicable reqUirnents conceming the form and conterrt of financial 51alements s81 out In the Charrttes (Accounts and Reports) Regulatic8 2008 other than requirern8nt that Ihg financial statements give a true and fair view, whith is not a matter ccfisider&l as part of an Independent examinauon. I have no concerns and have come across no other matters in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial stslem6nts to be reathed. Lha Johnston FCA For and on behallof Roggrn Spèncar ststOry Audliors Newstsad House Pelham Road Nottlngham NG6 1AP Dated.. 801101202S
EXARCHATE UK DEANERY (THYATEIRA DEANERY) STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Current fln•nGlJl year Unmtrlcted R•strkted funds funds 2024 2024 T¢)tal 2024 2023 Notes Donations and legacies chaiitab actmties Investments 35,520 7,796 3,774 35.520 30,544 3,774 10,991 17,794 3.452 22,748 Total Income 47,090 22.748 69.838 32,237 Charitable activities 33,863 23.590 57,253 34.451 Net InCom{0XndItur0> for th• yoarl Net movgmgnt In funds 13,427 (8421 12.585 (2,2141 Fund balan¢e$ 8t 1 January 2024 142.713 4.562 147,275 149.488 Fund balances at 31 December 2024 156.140 3,720 159,860 147.274 The ststement of finanaal 1vIlle$ indudes all 9ain$ and bs¥fs recognised in the year. Th9 statement of financial acllvilles includeg all galns and k)8 recognised in the year. All InMe and expenditure derive from continuing advltles.
EXARCHATE UK DEANERY (THYATEIRA DEANERY STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Prfor financial year Unreslrlct•d Restrlctod funds funds 2023 2023 Total 2023 Notès Donatlons and legades Charitsbk activit Investments 10.991 6,033 3,452 10,991 17.794 3.452 11,761 Total Income 20,476 11,761 32.237 Charitable activitres 23.082 11,369 34,451 Net Incomollèxpondlturo) for tho yo•rl Net movement In fund8 (2,6061 392 {2,2141 Fund balarKe$ at 1 January 2023 145.318 4,170 149.488 Fund balances at 31 December 2023 142,712 4,562 147,274 The statement of finanryal acti$ includes all gains and losses recognised in the year. The 818temenl of flnandal actiwlies includes all gains and losses recognised in the year. All irKome and expenditure defive from continuing activities.
ASAf*i $7.Ui iJ•. 140,• iri. ii?wJ) 141114 137 ,712 1<1214
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 AKountlng pollcles Charlty Infomlation Exarchate UK Deanery Is a charltabkg incorwratod orgwM$atic rggi8t8r8d wth th8 Charity Commission on 23 Decembar 2015. 1.1 Accounllng conventlon The finanaal statemonts have been kyepared in a¢wrdance wth the charity's goveming dwument. the Chatities Act 2011 8nd 'Accounting and Repjrbng by Charibes". Statsmgnt of Remmended Practi applSc8bl8 to thorities preparing their accounts in accordance wrth the Finandal Reporting Standard 8ppli¢abfo n the UK 8nd Republic of Irdand IFRS 102}. (as amendod for accounting perfods commenang from 1 January 20161. The charity is a Publlc Benefft Entlty as defined by FRS 102. The ttharity has taken advantage of the provisions in the SORP for Charities applying FRS 102 Updats Bulletln 1 not to prepare a Statement of Cash Flow8. The finanryal statements are prepared In slerllng. which 1$ the fvnctional rrencY of the Charity. Monetary amounts in Ihese finanual stal8merrts are rounded to the nearest £. The finaroal statsments have been prepared und8r lh8 h1Car cost ccventiC. The principal accounting policies adopted are sel out below. 1.2 Golng concern At the time of approwng the financial statements. the trustees have a reasonable eyciation that the tharity ho$ adoquate re80urces to continue In operational exi$lence for the foreseeable ftrture. Thu$ the trtea5 conts'nue to adopt the golng concern bas58 of aco)unting in preparing the financial $18lements. 1.3 Charltablo funds Unre81rlcted funds are availabk for use at the discretion of the trustees In furtherance of their charitable ot4ectlves. Restrided funds are subject to $peofi¢ corKlrtion5 by donors or grantors as to how they may ba used. The purposes and uses of the restricted funds are sot out in the n¢)tss to tho finanaal statements. 1.4 Inc¢)mlng resources All income is included in the SOFA wh8n the Charity is legally entitled to the income, any performance conditions attached lo the items of Sneome have been met, il is probable that the income will be rewvfjd and the amounl can be m8asured relably. Interast on funds ld on dekX)Sit is induded when rfjcgivable and Ihe amCnt C8n be mtssured rellably by th& charfty,. thls Is normalw upon notification of the fftterest paid or payable by the bank
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles {Continugd) 1.5 Resources expended All expenditure Is accounted fcf on an %cNals basis and has been classilled under headlngs that aggregate all costs related to the category. IAhere costs cannot be directly attributed to partilar headlngs they have been allocated to acts"vities on 8 basis o)n%slent vthlh the use of the resources. Expendllure is recognised orKe there is a leg81 or construciive obligation to make a payment to a thlfd paty. rt is probable that settlement will be required and the amount of the obligation Can be measured reliably. Expondilure is dassffied under the following activity headiws.. Costs of raising fvrKIs ccffiw8e the promolional c08ts to the charity Exponditurg ry) tharitablg a¢tivilie$ includes all costs undgrtakon to fvrther the purposes of thg chanty and thetr associated support $ts, including Costs of govemanee 1rrecoverae VAT 1$ ¢arged 86 8 ¢ost 8goin51 the aoliwty for whith the expenditure was incurred. Crltlcal accounting Mtimatss and Judgemonts In the appllcation of the eharty's accountlng policies. the trustees are required lo make judgements, e$limales and 8ssumptlons about the carrying amount of assets and liabilitie5 that are not readily apparent from other sources. The estimates and associated assUmptn$ are based on historical experience and other factors that arp wnsidered to be relevant. Actual results may (Iffer frcn these estimate5. The estimates and undeNylng assumplons are reeWed on an ongolng basis. Revision8 to accounting 88tlmales are recognlsed In the pedod In whlch the e8tSmale Is revlsed the revison affects cfily that period, or In the perictyd of the revldon and fthure periods where the revlslon affe¢ts both current and future periods. Donatlons and legacles Unre8trlcted Unrostrfcted funds funds 2024 2023 Regular ¢Jonations GiftAid Parish ¢ontn"bution¥ Other donations 600 137 34,773 10 210 9,888 53 35,520 10,991 10-
EXARCHATE UK DEANERY {THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Ch•rltsbl• actlYltles- Income Total nds 2024 Tot81 funds 2023 Annual ¢onference Summer camp 22,748 7.798 11,761 6,033 30.544 17.794 Analysis by fund Unrestrfcted funds Restricted fund8 7.796 22,748 6,033 11.761 17,794 Investment Incom• Unreslrfcled Unroslrlctsd funds funds 2024 2023 Bank interest weivable 3,774 3,452 11
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charttable acllvltles- expendlthre Total 2024 Total 2023 Contriblrticfi toArchdiocese Conf9rence Other admini8tralive expenses Deanery dergy conferences Lggavbank fees Summer tsmp Insurance 14.427 23.590 736 5,710 170 6,431 1,253 5,119 11,469 179 5.059 171 7.393 1,253 52.317 30,PA3 Share of govemance o)$ts {see note n 4.936 3,808 57,253 34.451 Anaty818 by fund Unrestricted fvnds Restricted fijnds 33,663 23,590 23.082 11,369 57,253 34.451 Govomancg costs 2024 2023 Independent examination fees Travel expenses 2,370 1,740 2,068 4,936 3.808 Govemanco costs inclLtdes payments to the indeFendent examiners of £1,900 {2023- £13801 for Independent examination fees. Trust••s N¢Jne of the trustee5 lor any persons connected wtth them) rVed any remurwaticffl c* teneffty from the tharity during eithgr the rJJrrent or prior year. Expenses of £83012023.. £1511 were reimbur8ed to 3 tru8tee812023'. 1 truslee} by the tharfty durfng the year in relation to tra1 and meeting costs. 12-
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Employeos There were no employee8 during either the ¢urrent or prior year. 10 Taxatlon The charity is exempt from taxation on its acliviti88 because all its income is aFplied for charitsble purposes. 11 Debtorn 2024 2023 Amounts falllng due wlthln one year: other debtors Prepaymerts and accrued incomg 22,602 15,249 5,472 8,300 37.851 13.772 12 Crèdltors: amounts falllng due wllhln one yoar 2024 2023 Notss Deferred income Accruals 1.965 15,710 7.4 17,675 7,4 13 Deferred in¢om¢ 2024 2023 Other deferred income 1,965 Oeferred income 1$ induded ni the financial statements as IlOw5.. 2024 2023 Deferred income is included within.. Current Ilabilities 1,965 Movements in the year.. Deferred income at 1 January 2024 Re80urces deferred in the y68r 1,965 Deferred income ai 31 D8mber 2024 1,965 Defeed income of £1.965 in the year relates to the 2025 Conference {202> Nil). 13-
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIALSTATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 R•lat•d party transactions There were rKJ di8closable related paty trww¢tion¥ during the yew {2023- ncf*}. 16 Reslrlcted fundg The restricted funds of the tharity comprise the unexpend8d balanc8s of donations and grants hold on trust subject lo sFecific condllions by ¢Yonors a8 to how they may be used. At 1 January 2024 Incomlng resources R080urc8s expendod At31 Dgcombgr 2024 Clergy support Monagtic communftieg BursarylChildren- Conference 1.710 299 2.553 1.710 299 1.711 22.748 (23,590) 4,562 22,748 {23.590) 3,720 Prevlous year. At 1 January 2023 Incomlng Resourcès rosources èxp•nded At31 December 2023 Clergy support Monastic MMunItieS BursarylChildren- Conference 1,710 1,710 299 2,553 2,181 11,761 (11.3691 4,170 11,761 {11.369) 4,562 Tho restrictgd rrVeS have been established by donations from parishes and individuals wlth 8pedfic tondibons Ès follows.. Clergy SupFQrt- To provide training or financial 8UFI)Ort to members of the crgY thot are knd with finandal difficult5. The reserve will be supported by contrfbutlons from the General Fund rf neGessary. Monasuc CommunttSe¥- To Ffovlde financial suppcft to monks and nuns from MastiC communities Bursarylchildren Conference Thg annual conference aims to pass on the cost of accommodats'cffl to attendees. Attendee8 wfth financtal drfftcuttie$ m8y apply for a reduced fee and therefore receivg a bursary. Similarty all child places art ¢harged at g reduced rate. This reserve is u8ed to finance the cost of.. bursaries for those attendirKJ the 8nnu81 c<>nference the discounted pric¢ for children's places ac)mmodation for ttlose invofved in the thildren'8 programm8 14-
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Unr•strlcted fundg The unrestricted fvnd$ of t1 tharity ccfflprise the unexpended balances of donations and grants vthich are not sutyct to $pe¢ific conditions by donor8 and grantors as to how they may be u8ed, At 1 January 2024 Incomlng resources Resoue9 oxpended Transf•rs At31 December 2024 Dgsignated- Deanery Future development Designated- Clergy Sick and Need Benefit General funds 15,000 15,1)00 3.936 118,9361 3,936 137,204 142,713 47.090 {33,663} 142,713 47,090 {33,6631 156,140 Pr•Yious y•ar: At 1 January 2023 Incoming resources Rpu¥S •xnded Trdnsfe At31 D•cgmber 2023 General funds 145.318 20,477 (23,0821 142.713 The Designatgd FurKls indude £15.000 riwfenced for fuiure development work and £3.936 to a88i$t eldedy members ofthe dergy. 15-
EXARCHATE UK DEANERY (THYATEIRA DEANERY) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Anafysls of n•t a¥s•ts b•tw••n fund* Unr8Strlct8d Rgslrlcted fvnds funds 2024 2024 Total Unrestrlct•d Restrlcted funds funds 2023 2023 Total 2024 2023 Fund balances al 31 Deeember 2024 are represented by: Current assetsllli8bilitiesl 158,140 3,720 159,860 142,712 4,562 147,274 156,140 3,720 159,860 142,712 4,582 147,274 16-