Charity giStratIon number.. 1168710 THE GREEK ORTHODOX COMMUNITY OF THE HOLY TRINITY BRIGHTON & HOVE TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 UGLISTÉ 6 GUST Auouste And Auguste l Dukes Passage righton East Sussex BNI IBS
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Contents Page Trustees, Report Independent Examlner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7-10 The followin9 pages do not form part of the statutory accounts.. Detailed Statement of Financial Activitie5 11-12
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Trustees. Report For The Year Ended 30 September 2025 The tnjstees present their report and the financial statements for the year ended 30 September 2025. Objectives and Activities Aims and Objectives The Greek Orthodox Community of the Holy Trinity Brighton & Hove seeks to advance the Greek Orthodox ligIOn for the benefit of the public in Brighton & Hove through the operation and running of a Church, a vicarage and a Greek language school. Publlc Benefit The trustees have had regard to the Charity Commission guidance on public benefit, and paid due regard to it In decidlng what activates the charity should undertake. The twslees are satlsfied that the ongoing actlvltSes whlch they are Involved in means that they charity Is continulng to meet the public benefit requirement. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Art 2011 to have due regard to the Charity Commission's guidance on public benefit. Achlevements and Performance Maln A¢hlevement$ The Greek Orthodox Church of the Holy Trlnity was entered to the register of charities on 10 August 2016. The charity was started by members of the Greek Orthodox Communlty of Brlghton, whom In the 1960's started meetlng together In varlous churches under the guidance of Arch¢iocese of Thyatelra & Great Britaln, the Eastem Orthodox Church for the worship of God according to doctrine and practices. The first church was purchased entirely out of voluntary contributions and in 198S we moved to the present church in Carlton Hill, Brighton. Later a property was purchased on the Old Shoreharn Road, Brighton, that setves as a vicarage. The vicarage was purchased from savings, volulltary contributions and a bank loan, now fully repaid. The propertie5 are held in trust on behalf of the charity in the names of the following tru5tees'. His Eminence Archbishop Ggon0S of Thyateira & Great Britain Andrea5 Archontides Dr M N Makratzakis The charity's main objectives are to maintain the doctrines and practices of the Greek Orthodox Church and specifically the observance of baptism, the acceptance of persons wishing to enter Into Holy Matrimony, the condurtlng of burlal services, the provision of a place of worship, prayer and the Holy Communion under the guidance of the Holy Spirit. The church also Serves a5 a social focal point for the Gek Orthodox Community of Brighton & Hove and for a few years nokv has welcomed Orthoéox Christians from Europe and other countries into the congregation. The church also houses the Greek Language School of 8righton & Hove which is open to anyone Complying with the requirements of Greek education. The governing trustees, the elected committee members, who wn the day ro éay affairs of the charity, along Vllth the ladies of philoptochos, took an oath of goot1 compliance and good govemance in the pSenCe of the Archbishop of Thyateira. Together they successfully organise events to raise funds via dinner dances, fetes, coffee mornings and rental income. The parish priest Father Germanos has been with us for many years and together with the trustees arid members of the church committee ané philoptochos committee a available to provide help and assiSnce to the needy whenever possible. The flrst phase of repairs that was authorised by the trustees in August 2017 in order to make the church buildings safe is now satisfactorily completed and we feel the money was well spent. The church committee and the trustees agreed it would be beneficial for the cotHmunity and the congregation, if we are able to acquire the property next to our church known a5 the Riley Hall and laier The Deaf Centre which will serve as a vicarage to accommodate our priest near Ihe church and extra classrooms which are very Much needed for our expanding Greek schoo as well as having the hall available for our community's needs. We successfully purchased The Deaf Centre in lune 2019 using proteeds from the sale of the property on Old Shoreham Road. The property on Old Shoreham Road was sold to Michael Papadopoulos, a close family member of former trustee, for 1370,000. Page I
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Trustees, Report (continued) For The Year Ended 30 September 2025 Financial Review Financial Position For the year ended 30 September 2024. there was a surplus of £28.424 {2023.. É16.1491. There was a balance of É687.154 12023.. É658,7301 of unrestrirted funds, and £nil 12023.. £nill of restricted funds. The trustees seek to maintain sufficient reserves to ensure the smooth ongoing day to day operations of the charity. FUTURE PLANS Our main income is from weekly donations fmm our Sunday church services. It is during these setvices that we are able to communicate monies needed for repairs and bills for our church and buildings. The church has many costs that rely on the communlty to help wlth. Having lust purchased the hall next door to the church, thls has been a diffScult time as we spent a large amount of money building accommodation for our priest redLJclng our cash reserves. The furlough payments have helped wlth salaries for our priest and allowed us to have more funds to carry on paying the teachers from our school. We are confident as In previous difficult times our community will work hard to help the church and properties to be secured and look after our community. Structure. Govemance and Management Governing Document The charity is controlled by Its governlng document, a deed of trust and constitutes an unlncorp0ted charity. Reference and Administrative Oetsils Trustees N Lioulias N Makrat2akis E Lazanakis Z Koullas A Sparsis F Papanicolaou-Hood Charlty Number 1168710 Independent Examlner Peter Auguste FCA Auguste And Auguste l Dukes Passage Brighton East Sussex BNI IBS Page 2
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Trustees, Report (continued) For The Year Ended 30 September 2025 The trustees, report wa approved by the board of trustees and signed on its behalf by.. A Sparsls Trustee Date 3010712026. 16.'46.'07 British Summer Time Page 3
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Independent Examiner's Report to the Trustees of The Greek Orthodox Community Of The Holy Trinity Brighton & Hove For The Year Ended 30 September 2025 I report to the charity trustees on rny examination of the accounts of The Greek Orthodox Community Of The Holy Trinity Bright & Hove Ithe Trust) for the year ended 30 September 2024. Responsibilitie5 and Basis of Report As the charity trustees of the Trust you are SpOnsIble for the ppatiOn of the accounts in accordance with the ouirements of the Charities Act 2011 1.the Act'i. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carryin9 out my examination, I have followed the applicable Directions given by the Charity Commission under section 145{Sllbl of the Act. Independent Examiner's Statement I have completed my examinatlon. I confirm that no materlal matters have come to my attentlon In connection wlth the examination giving me cause to believe that in any material respect.. l. accountlng records were not kept In respert of the Trust as reoulred by sertSon 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable reqLJirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a rnatter considered as part of an independent examination. I have no con rawn in this san rtin ve come acmss no other matters in connectiort with the examination to which attention should be er to enable a proper understanding of the accounts to be reached. Peter Au 5t 3010712026. 16.'47.'03 British Summer Time Date l Dukes Passage Brighton East Sussex BNI IBS Page 4
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove statement of Financial Activities For The Year Ended 30 September 2025 2025 2024 Unrestricted Unrestricted fund5 funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable artivities.. 69,304 68,969 The Greek Community Of The Holy Trinity Bdghton & Hove Other trading activities Investments 54,114 5.068 69,855 49,181 6.302 69,979 198,341 194,431 EXPENDITURE ON: Raising funds Charitable activities.. 111,6051 12,3051 The Greek Community Of The Holy Trinity BghtOn & Hove 1147,9771 1163,7011 1159,5821 1166,0061 INCOME 38,759 28,425 NET MOVEMÈNT EN FUNDS 38.759 28,425 RECONCILIATION OF FUNDS: Total funds brought forward 687.155 658.730 TOTAL FUNDS CARRIED FORWARD 725,9L4 687.155 The notes on pages 7 ttl 10 fom part of these financial statements. Page 5
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Balance Sheet As At 30 September 2025 2025 2024 Unrestricted fund5 Total funds Notes FIXED ASSETS Tangible A55ets 943,553 965,258 943,553 965,258 CURRENT ASSETS Debtors io 30,960 144,563 35.584 103,761 Cash at bank and in hand 175,523 139.345 Credltors: Amounts Fallln9 Dut Wlthln On• YÈar li 163,8371 165,2001 Nrf CURRENT ASSETS (LIABILITIES) 111,686 74,145 TOTAL ASSETS LESS CURRENT LIABILITIES 1,055,239 1,039,403 Credltors: Amounts Falllng Due After More Than One Year 12 1329,3251 1352,2481 ASSETS 725,914 687,LSS FUNDS OF THS CHARITY Unrestricted Funds 725,914 687,155 TOTAL FUNDS 725,914 687,155 On behalf of the boa A Sparsi5 3010712026. 17.'01 .'27 British Summer Time Trustee Date The notes on pages 7 to 10 fomi part of these financial statements. Page 6
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Notes to the Financial Statements For The Year Ended 30 September 2025 l. General Informatlon The Greek Orthodox Community Of The Holy Trinity Brighton & Hove is an unincorpornted charity registered with the Charity CommSssion, registered charity number 1168710. The prlnclpal address Is 2. Accountlng Pollcles 2.1. Ba$ls of Prepar*lon of Flnanclal Ststements The financial statements of the chairty. which Is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities.. Statement of Recommended PractSce applicable ro charities preparing their accounts in accordance with the Financial Reporting Standard applicable n rhe UK and Republic of Ireland IFRS 1021 leffecrive l January 20191" Financial Reportlng Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Irelancj and the Charities Att 2011. The financial statements have been prepared under the historical cost convention. 2.2. Fund Accountlng unstrICted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds cari only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or wheri funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 2.3. Incomlng Resources All income Is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the Income will be received and the arnoLJnt can be measured reliablv. Church offerings and gifts are recognised on recelpt. other donations a cOgnISed once the charity has been notifled of the donation. unless performance conditions require deferral of the amount. Income tsx recoverable in relation to donations received Ljnder Gift Aid is recognised at the time of the donation. Income frorn trading activities relates to income earned from activitie5 undertaken to raise funds for the charity. Income is CeiVed in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Irivestment income is earned from interest received on bank deposits. Interest is included when the amount can be rneasured reliably. 2.4. Resources Expended abilities are recognlsed as expendlture as soon as there Is a legal or constwctive obligation commlttlng the charity to that expenditure, It Is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attribuLed to particular heading5 they have been allocated to activities on a basis consistent with the use of resour5. Support costs are those that assist the wod< of the charity but do not dirertly represent charitable activities and include office and governance costs. They are incurred directly in support of expenditure on the objects of the charity. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practlce. These costs include costs related to statutory audit and legal fees. 2.5. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at C05t less accumulated depreciation and any accumulated irnpairment losse5. DepCIatION 15 provided at rates calculated to write off the cost of the fixed assets, less their estirnated residual value, over their expected useful lives on the following base5'. Freehold Fixtures & Fittin9S 2% on cost IO% reducing balance 2.6. Taxation The charity is exempt from tax as all its income is charitable and applied for charitable purposes. Page 7
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 2.7. Penslons The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to whlch they relate. 3. Income from Donations and Legacies 2025 2024 Unrestrirted Unrestrirted funds fund$ Donations and gift5 Gift aid 61,342 1,527 6,435 65,703 2.510 756 Grants 69,304 68,969 4. Income from Charltable Actlvltles 2025 2024 Unrestrlrted Unrestri¢ted funds funds The Greek Cornmunity Of The Holy Trinity Brighton & Hove 54.114 49.181 Income from Other Tradlng Actlvltles 2025 2024 Unrestrlcted Unrestrlcted funds funds Fundraising events 5.068 6,302 6. Investment Income 2025 2024 Unrestrlrted Unrestrlrted funds funds Bank interest receivable 131 18 Rents received from investment properties 69,724 69,961 69.855 69.979 Page 8
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 7. Staff Costs Staff costs were as follows.. 2025 2024 Wages and salaries Other pension costs 17,298 332 16,098 296 17,630 16,394 No employees received ernployee benefits (excluding ernployer pension costs) for the reporting period of more than £60,000. 8. Average Number of Employees Average number of ernployees during the year was.. I 12024.. 11 9. Tangible Assets Land & Property Freehold Fixtures & Fittings Total Cost As at l October 2024 1.034.075 133.756 1.167.831 As at 30 Seplernber 2025 1,034,075 133.756 1.167,831 Deprociation As at l October 2024 95.285 19,057 107.288 2,648 202,573 21,705 Pmviéed during the period As at 30 September 2025 114,342 109,936 224,278 Net BoobL Value As at 30 Septernber 2025 919,733 23,820 943,553 As at l October 2024 938.790 26.468 965.258 10. Debtors 2025 2024 Due within one year Trade debtors 10,939 20,021 6,765 28,819 Other debtors 30,960 35,584 Page 9
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Notes to the Financial Statements (continued) For The Year Ended 30 September 2025 11. Credltors: Amounts Falllng Due Wlthln One Year 2025 2024 Trade tditorS 3,276 44,344 15,876 341 2,463 44.344 18,192 201 Bank loan5 and overdraft5 Other creditors Taxatlon and soclal securSty 63,837 6S,200 12. Credltors: Amounts Fallln9 Due After More Than One Year 2025 2024 Bank 102n5 329,325 352.248 13. Loans The bank loans are secured against assets of the charity. The charlty has the following loans.. lal A 20 year fixed rate loan ending in lune 2039 of £IOO,000 with interest charged at 3.15% above the base rate,. Ibl A 20 year loan with a 10 year fixed rate ending in June 2039 of £203,000 with Inte$t charyed at 4.70%; Ic} A 15 year fixed rate loan endin9 in June 2034 of £230,000 with interest charged at 4.69%. 2025 2024 Amounts fallin9 due within one year or on demand.. Bank loan5 44,344 44.344 2025 2024 Amounts falllng due between one and five years: Bank loans 329,325 352,248 14. Transactlons wlth Trustees None of the trustees recelva any remuneratlon or any other benefSts from an employment wlth the charlty or a relate(J entity during the current or previous year. No trustee expenses have been Incurred. 15. Related Party Disclosures There have been no related party transactions In the reporting perlod that require disclosure. Page 10
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Detailed Statement of Financial Activities For The Year Ended 30 September 2025 2025 2024 Total fund$ Total funds INCOME AND ENDOWMENTS FROM: Donatlons and legacles Donations from individua15 61,342 1,527 6,435 65,703 2,510 756 Gift aid Grant5 69,304 68,969 Charitable A¢tivltie$: The Greek Communlty Of The Holy Trlnlty Brl9hton & Hove School fees 54,114 49,181 54,114 49,181 Other trading activitie$ Fundrai5in9 events 5,068 6,302 5.068 6.302 Investments Rental income frorn investment propertv Bank interest receivable 69,724 131 69,961 18 69,855 69,979 198,341 194,431 EXPENDITURE ON: Raising fund5 Staging fundraising event5 Sundry expenses 111,6021 {31 12,3061 111,6051 12,3051 Charltable Actlvltles: The fjreek Communlty Of The Holy Trlnlty Brlghton & Hove School activites 11.2001 12,9351 16601 Contribution to the Archdioce Vicarage cost5 Charitable donations made 11,2401 13.5701 12551 131,7581 15281 16.3521 15,5011 17631 12.1481 14,3471 11.1571 12,4341 11,4081 13711 Teachers wages HI and leaslng of plant, eoulpment and vehicles Bookkeeping fee Cleaning fees Computer software, IT Consumables and maintenan Repairs. renewals and maintenan Insuran 125,5271 15281 15.7901 13,6951 15641 133.1351 15,5081 11,1931 13,8921 11,9441 11901 .CONTINUED Data and telecornmunication5 Costs Church supplies Printlng, postage and statlonery Subscriptions Page 11
The Greek Orthodox Community Of The Holy Trinity Brighton & Hove Detailed Statement of Financial Activities (continued) For The Year Ended 30 September 2025 Depreciatlon of plant and machinery Depreciation of freehold land and property Bank charges Bank loan interest PAYE Interest 12,6481 119.0571 11021 120,9821 12,9421 119,0561 11861 116,1381 181 116,0981 12961 19061 119,0801 Wages and salarles Employers pen510ns - defined contributions scheme Rates 117,2981 13321 12,0891 119,7861 15601 12.4001 15501 13301 Light and heat Advertising and marketing costs Independent examiner'5 fees Independant examlners fee under accrual prlor year Accountancy and legal fees 11.9001 13301 l 147.9771 1163,7011 1159.5821 1166.0061 NET INCOME 38,759 28,425 Page 12