REGISTERED COMPANY NUMBER: CE011206 (EnglAnd and Wales) REGISTERED CHARITY NUMBER: 1173663 REPORT OF THE TRUSTEES AND FINAN IAL STATEMENTS FO HE YEAR END T DECEMBER 2024 FO PING GREEN CHAPE Cobbin Floyd Ltd Chartered Accounlants 15a Station Road Epping Essex CM164HG
EPPING GREEN CHAPEL CONTII NTS OF THE FI]YANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DE EMBER2024 Page Report of the Trnstees Independent Kxnmiiier's Reporl Stwtement of FinRnchal Activitie5 B8IAOC¢ Sheet Notes to the FinancSAI StAtements 7 to 10 DetAiled StAtement of Fin#n¢l81 Activities
PING GREEN CHAPEL REPORT OTr "I'IIF. TRUSTEES FOR THE YEAK E&NDED 31S DECEMBER 2 24 REPORT OF THE TRUSTEES For Ihe Year Ended 31 st December 2024. AIMS AND PURPOSES The primaiy aim of Epping Green Chapel is lo advance the Christian Faith in accordance with our Doclrinal Basis through i'eglilar public services in which people can worship, leam more about Chrislianity, and to spread the Inessage of Christ to people who are not yet Christians. In addition to sharing the word of Chrisl, we aim to provide a5SiStance to the public in accordance with the teachings of The Bible as the need arises. The as5islanee we provide will be driven by the needs that arise in the commiinity and the resources that we have available to meet those needs. OBJECTIVES AND ACTIVITIES The Tnistees of Epping Green Chapel are conimitted to enabling as many people as possible lo worship at our Chapel and our services and lo worship as expressed through pyayer. scripture reading, music and sharlng of teslimoiiies. Wliile planning to iiieel the objective of advancement of religion we provide opportunilies lo.. l) Worship, pray and learn about the Gospel and develop their knowledge and trust in God. 2) Pi'ovide pastoral care for meinbers of the fellowship and p¢opl¢ living wiihin ihe local area. 3) Suppoit missionary and outreach work. 4) Pi'ovide regLilar bible study both in person and online {Zooni) open lo all willing to learn SUNDAY WORSHIP SERVICES The Sunday morning worship service slert lime has moved lo 10.30am start to assist in attendance. Pai'king has been negotiated temporarily with the local public House. The weekly prayer lime is incorporated before and during the Sunday service. praying for the servic< prayu. requests, chapel Inembers. world & national needs, evangelisni, missions elc. The 10.JOain Sunday morning service has regular numbers at the live gatherings and the Chapel conlinves to be open on Siindays for n)embers and local individuals to worship as well a5 issuing a'zoom, link for distant online participation, Communion lakes place on the first and third Sundays in the monih. both 'live' and on zoom, Pastor Tl)anos preaclies as well as a variety of visitors who visit throughout the year. Refreshments are served. Pasloi. Thanos has supported a young theological scholar lo partake and lead occllsional Siinday services and if Pastor 'rhanos is away on l¢av¢. The Church aim5 to provide age-appropriate craft and activity packs for children when they atteiid church services. These are kept on standby and njade available to any young visitors. The minister Pastor Aihanasios Velianilis and his wife Maria are in their second year. The current leadership team comprises of Pastor Thanos Velianilis. deaconltrustees P.Engiish and A. Mwenifiimbi who each bl'ing their own sli'engths and talents. A fLlrther deacon Michael Harris is a presenl and ¢ommitted mernba. of the church and supports DIY projects within the Chapel. CHARITABLE STATUS We are pleased lo continiie fun¢tioning as a CIO ¢liarity' Epping Green Chapel. The chapcl has a long history of fellowship and worship dating back almosl 200 years as an ex¢¢pled charity known as Epping Green Ullion Chapel. The work was transferred into the new CIO along with the trustttship of our building and assoGiated land, which had been under the care of Rural Ministries. We appreciate Rural Ministries for all their support aiid assis13n¢e in ttan5ferring the building back into our care but also in the ongoing partnership with the Chapel. The Chapel also coiitinues to be ssocialed and functioning as part of the Eastern Baptist Association. The renovated building is being mole fiilly utilised and maT)y aclivittes such &5 the Parish Council. the 'LACE' group. 'meet the pastor,, Bible studies elc. are taking place. The renovation5 to the toilet, kitchen. heating, windows. PA and other facilities provide great resources. All niain works have been completed. WORK IN THE COMMUNITY Bible SdY and other Chapel based initiatives are iiow taking place. The Chapel Continues as a base for the Parish Council and other local events. Page I
Lvvif*lJ C)RLLN C'IIAPLI. XkVl)Kl' QTr.IIIL'J KIJtsIEE.5 .%7'R191-riixi.. (:i)Vl'RNhN(-l.; A Tr4JP NIANA(-F.111.:NI' IILI,'F.'RF:Iy('I,: ANI) A I?LIIINI%'I RA'I'II'L DL'I'A11.-
INDEPEI4DENT EXAMINER'S REPORT TO THE TRUSTEES OF EPPING GREEN CHAPEL Independent exmlner'5 report to the trustees of Epping Green Chapel ('the Company,) report to the charity trustees on my e.xamination of the accounts of the CA)mpany for Ihe year ended 31 st Deceinber 2024. Responslbllitles Rnd bAsi5 of report A5 the charity's Iruslees of the Company (and also its ditrclors for the purposes of company law) you are responsible foi. the preparation of the accovnlg in accordance with the requirements of the Companies Act 2006 ('the 2006 ACV). Having satisfied myself that the accounts of the Company are not required 10 be audited under Part 16 Df the 2006 Act and are eligible for ind¢pendent examination, I report in respe¢t of my exainiiialion of your charity's accounts as carried OLIt undei. Section 145 of th¢ Charities Aci 2011 ('the 2011 Act,). In catrying out my examiThalion I have followed the Directions given by the Charity Commission under Section 145{5) Ib) of the 201 l A¢t. lttd¢peJident exAminer's s¢tement I have coinpleted my exaininalion. I confirm that no matters have Come lo my attention in connection with the exaininaiion giving me cause to believe: accounting records were not kept in respect of ihe Company as required by Section 386 ofthe 2006 AGt" or the accounts do not accord with ihose records. or the accounts do not comply with the accounting ttquiremenls of Section 396 of the 2006 Act other than any reqiiirein¢nt that the accounis giv¢ a INe and fair view which is not a matter considered as part of an independent exan)inalion' or the accounts have not been ppared in accordance with the ni¢ihods and principles of the Siateii)enl of Recommended Practice for accounting and reportiiig by ¢h8rili¢s (applicable to charilies preparing their accoiints in acL'ordance with the Financial Rep)rting Standard applicable in thc UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in conneclion with th¢ examination to which attention should be drawI) in Iliis report in order lo enable a piuper understanding of the accoiinls lo be reached. Natalie Floyd, ACA Cobbin Floyd Ltd Charler¢d Accountants 158 Station Road Epping Essex CM16 4HG 20th October 2025 Pe3
EPPING GREEN CHAPEL STATEMEf4T OF FINANCIAL AcriTlE FOR E YEAR EN ED 31ST DECEMBER2024 2024 Total fullds 2023 Total funds Unrestricted fund Reslrieled fund Notes INCOME AND ENDOWMENTS FROM Incoming resources 21,834 21,834 25,435 Investtnent income 15 15 Total 21,849 21,849 2S.436 EXPENDITURE ON Chpritable fie¢lvlties General 29,402 29,402 39.852 Other 3,977 3,977 4.158 Total 33J79 33J79 44,010 NET INCOMEI(EXPENDITURE) (11530) (11,530) (18,574) RECONCILIATION OF FUIYDS Totgl funds brought forward 32,865 1,658 34,523 53,097 TOTAL FUNDS CARRIED FORWARD 21 J35 1,658 22,993 34,523 The note5 fom) part of thtse financial statements Page 4
EPPING GREEN CHAPEL B.4LANCE SHEET 31ST DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted fund Re51ri¢led fund Noles FIXED ASSIITS Tangible assets 2,885 4.329 CURRENT ASSETS Cash al bank and in hand 18.450 1,658 20,108 30.194 NET CURRENT ASSETS 18,450 1,658 20,108 30,194 TOTAL A.SS[I TS LESS CURRENT LIABILITIEI S 21 J35 1,658 22,993 34.523 NET ASSETS 21 J35 1,658 22,993 34,523 FUNDS Uni'estricted funds Reslrictcd fund5 21J35 1.658 32,865 ,658 TOTAL FUNDS 22,993 34,523 The charitable compai)y is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 st Decembei, 2024. The membeis have not required the company to obiRin an audit of ils financial statements for the yeAr ended 31 st December 2024 in accordance with Section 476 of the Companies Act 2006. The ti'uslees acknowledge their responsibilities for {a) ensuring that the ¢liarilable company keeps accounting records that comply with Sections 386 and 387 of the Coinpanies Act 2006 and prepai'iiig financial slal¢nienls which give a true and fair view of the stale of alTairs of the charitable company as at the end of each fillancial year and of it5 surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and whi¢h oihetTr¥ise comply with the requi ments of the Companies Act 2006 relating lo financial statenients, so far as appIlble to the charitable coinpany. (b) The notes fomi part of these financial statements Page 5 continued...
I'.I'.P.IN_G GItEL.Y_C IiAVEL JI4J' DJ..C"F TrIIIFHII1]_4
EPPING GREEN CHAPEL NOTES TO TH Tr.. Tr'INANCIAL sTATEIENTs FOR THE YEAR ENDED31ST DEC MBER 2024 ACCOUNTING POLICIES BASIS of preparing the financial statements The finaiicial statements of the charitable company, which is a publÈc benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charilies: Slatem¢nt of Recommended Practice applicable to charilies preparing their accounts in accordance wilh Ihe Financial Reportiiig Siandard applicable iii the UK and Republic of Ireland (FRS 102) (effective l January 20191,, Financial Reporting Staiidard 102 'The Financial Rewrting Standard applicabl¢ in the UK artd Republic of Ireland, and the Companies Act 2(M)6. The financiRI stalements ha been prepad under the liistorical cost convention. Selectlon of A¢¢ounting polleles Epping Green Chapel is a Charilable Incorw)rated Organisation with gross incomes of less than £250.000 and have elected to produce Ilieir annual accounts on a receipts and payments basis. Income All iiicome is recognised in ihe Statement of Financial Aclivities once the charity has received the funds. Expendituj'e Liabililies are Ercognised &$ expendiwre as soon as the charity has made payment to that expendilure, Expenditure is accounted for on a paynients basis and has been classified under headings that aggregate all cost related lo the category. Where cosis cannot be directly attribul¢d to particular headings thLy have been allocalcd lo aclivilies on a basis consislenl wilh the use of rLsouires. Grants offered subject to conditions which have not been inet ai ihe year eiid date are noted as a commitinent bul not accrued as expenditure. TAngible fixed Assets Depre¢ialioii is provided at the following annual rates in order to vLIe off each asset over ils estimated usefiil life.. 200/0 Straight line. TRxAtion The charity is exempl from corporation lax on its Charitable aclivilies. Fund occollntlng Unrestricted fiinds can be used in ac¢ordance with the charitable Obje1Ve al tlie diS¢tIon of the Irus1ees. Restricted fund5 can only be used for particular restriGled purp05e5 Withiii the objecls of the charity. Restrictions arise when specified by the donor or M,hen funds w'e raised for particular re5tri¢l¢d purposes. Further explaiiation of the nature and purpose of each fund is included ii) the nol¢$ to the financial stslemenls. Page 7 continued...
EPPINC GREEN CHAPEL NOTES TO TIIF. FINANCIAL STATEMENTS- eonttnued FOR THE YEAR ENDEDJIST D CEMBER 2024 INVESTMENT INCOME 2024 2023 Bank interest rec¢Tved Is NII T INCOMEI(EXPENDITURE) Net incomel(expenditure) is slated ofter chargingl(crediting): 2024 2023 DepreGiation- owned assets 1,444 ,443 TRUSTEKS, REMUNERATION AND BENEFITS During the year to 3 1st December 2024 Rev Athanasios Velianitis received remuneration for his services as a pastor of £17.664 (2023 - £17.664). No Iruslee is remunerdted for their sewvices as a tlilqlee. Trustees, expenses Tliere were no trustees, expenses paid for the year ended 31st De¢ember 2024 iior for the yeai. ended 31st December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTJES Unreslricled fund Restricted fvnd Total fijnds INCOME AND ENDOWMENTS FROM Incoming resources 25,435 25,435 Investment income Totfil 25,436 25,436 EXPENDITURE ON Chai'itAble Actlvities General 39,852 39,852 Other 4,158 4,158 Tot81 44,010 44,010 NET INCOMEI(EXPENDITiiRE) (18,574) (18.574) RECONCILIATION OF FUNDS Total funds brought forwat 51,439 1,658 53,097 TOTAL FUNDS CARRIED FORWARD 32.865 1.658 34,523 Page 8 contfftnued...
EPPIF4G GREEN CHAPEL NOTES TO THE FINANC.IAL STATEMENTS- contin FOR THE YEAR EIYDED T DECEMB 2024 TANGIBLE FIXED ASSETS Plant and machinery COST Al 1st January 2024 and 31st December 2024 7,215 DEPRECIATION At 1st January 2024 Charge for yeai. 2,886 1,444 At 31st December 2024 4J30 NET BOOK VALUE At 3 1st December2024 2,88S At 3 1st Decemb¢r 2023 4,329 MOVEMENT IN FUNDS Net movemenl in funds At 31.12.24 At l.J.24 UniY$trlcted funds General fund 32,865 {11.430) Reslrlcted funds General 1,658 1,6S8 TOTAL VUNDS 34.523 {11,530) 22,993 Net movement in fund4 included in the above are &s follows: Incoming Ersources Resources expended Movemci)t in funds Uiii'esti'leted funds G¢nLral fiind 21049 (33,379) (11,530) TOTAL FUNDS 21,849 (33,379) (11,530) Page 9 continued...
EPP114G GREEiY HAPEL NOTES TO THE FLNANCIALSTATEMENTS- eoiitinued R THE YEAR E,"'DED 31ST DECEMBER 2024 MOVEMENT IN FUNDS- contlnued ComparAtlves for movement in funds Net movement in funds At 31.12.23 Atl.1.23 Unrestricted funds General fund 51,439 (18,574) 32,865 Restricted funds General 1.658 1,658 TOTAL FUNDS 53,097 (18.574) 34,523 Comparative net movement in funds, included in the above are a5 follows.. Incoming sources ReSoUeS expend¢d Moveinent in funds Uni'estricled funds General fund 25,436 (44,010) (18,5741 TOTAL FUNDS 25.436 {44.010) 118,574) RELATED PARTY DISCLOSURES Thei'e were no related paity transactions for the year ended 31st December 2024, other thai) those already disclosed uiider trustees, I'emuneralion and benefits. Page 10
EPPING GREEN CHAPEL DETAII,F.D .STATEMEIT OF FINI Aly IAL AcrtVlTIES FOR THE YE ENDED 31ST DECE.MBER2024 2024 2023 INCOME AND ENDOWMENTS In¢omlng i'esourc Chapel giving 21,834 25.435 Investmen¢ income Bank interest received 15 TotAI Incoming i'esources 21,849 25,436 EXPENDITURE CIIA YIIAble Actlvltles Pastor's remuneration Pensions Rates ai)d water Licences and insurance Light and heat Conti'ibulions lo missions Visiting Speakers Removal expenses Subsci'iptions Building cosls 17,664 19,864 300 2.566 1.087 5,157 485 150 1,599 573 6,628 2,601 1.105 6,474 50 514 801 29,209 38,409 Support costs MAnAgement Telephone Postage and stationery Computer and office equipment Suiidiy 849 193 363 445 889 225 409 1,009 1050 2,532 Other Depreciation of tsngible fixed as5et5 1,444 1,443 Governance costs A¢¢oiintancy and legal fe¢s 876 1,626 Total resoui'ces expended 33,379 44,010 Net expenditure (11,530) (18,574) This page does not form part of ihe slatulory financial statenient5 Pagell