Trustees’ Annual Report for the period
From: 01.04.2024 Period start date To: 31.03.2025 Period end date
Charity name: THE ORTHODOX CHURCH OF ST CUTHBERT AND ST BEDE, DURHAM
Charity registration number: 1181914
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The advancement of the Orthodox Christian Religion in general and through the establishment and furtherance of a parish in the City of Durham. |
| 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 |
The main activities pertain to the advancement of the Orthodox Christian Religion in general and through the establishment and furtherance of a parish in the City of Durham, by way of regular liturgical worship and the refurbishment of the new Church building. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the guidance issued by the Charity Commission on public benefit and therefore ensure that the charity’s objectives and activities meet those requirements. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | Donations are made voluntarily by members of our congregation and supporters of our projects and activities. |
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N/A Other
Achievements and Performance
SORP reference Providing support and spiritual guidance throughout the 2024-2025 year. Summary of the main Para 1.20 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.
| 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 | N/A |
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives |
Para 1.41 | N/A |
| Other | N/A |
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Financial Review
| Review of the charity’s financial position at the end of the period |
Par a 1.21 |
||
|---|---|---|---|
3
| Statement | Par | N/A |
|---|---|---|
| explaining | a 1.22 |
|
| the policy | ||
| for holding | ||
| reserves | ||
| stating why | ||
| they are | ||
| held | ||
| Amount of | Par | N/A |
| a | ||
| reserves | 1.22 | |
| held | ||
| Reasons for | Par | N/A |
| holding zero | a 1.22 |
|
| reserves | ||
| Details of | Par | N/A |
| fund | a 1.24 |
|
| materially in | ||
| deficit | ||
| Explanation | Par | No uncertainties applicable. |
| of any | a 1.23 |
|
| uncertaintie | ||
| s about the | ||
| charity | ||
| continuing | ||
| as a going | ||
| concern |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s only source of funds is through charitable donations. The charity’s principal sources of funds (including Para 1.47 any fundraising) None applicable
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| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
|---|---|---|
| A description of the principal risks facing the charity |
Para 1.46 | None applicable |
| Other | N/A |
5
Structure, Governance and Management
| Description of charity’s trusts: |
The advancement of the Orthodox Christian Religion in general and through the establishment and furtherance of a parish in the City of Durham. |
|
|---|---|---|
| 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 | CIO |
| 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 | Appointed charity trustees Apart from the first charity trustees, every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. (2) Ex Officio Trustees Any person appointed by a canonical bishop of the Orthodox Church to be the parish priest of the Church of St Cuthbert & St Bede shall automatically (“ex-officio”) be a charity trustee for so long as he or she holds that office. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | N/A |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | N/A |
| Relationship with any related parties |
Para 1.51 | N/A |
| Other |
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Reference and Administrative details
| Charity name | THE ORTHODOX CHURCH OF ST CUTHBERT & ST BEDE, DURHAM |
|---|---|
| Other name the charity uses | ORTHODOX COMMUNITY OF ST CUTHBERT AND ST BEDE |
| Registered charity number | 1181914 |
| Charity’s principal address | 5 Wanless Terrace, Durham, DH1 1RU |
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Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|
|---|---|---|---|---|---|
| The Reverend Dr Justin-Alexandru Mihoc |
|||||
| The Very Reverend Archpriest Prof Andrew Louth |
|||||
| ~~Dr Krastu Banev~~ | Acted for full period 1st April 2022 – 31stMarch 2023. Resigned on 20th December 2023 |
||||
| Mrs. Irina Sokolova- Snegir |
|||||
| Dr Sarah Kelly (was Pape) |
|||||
| ~~Dr Patrick Gray~~ | Resigned on 21st January2025 |
||||
| Dr Carmen Maria Hubbard |
|||||
| Mr Emanuel Ionutescu |
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
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Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser N/A
Name of chief executive or names of senior staff members (Optional information)
N/A
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
N/A
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Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Justin-Alexandru Mihoc | Irina Sokolova-Snegir | |
Priest-in-charge |
Secretary/Trustee | |
| 19/09/2025 | ||
| 19/09/2025 |
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Company Registration Number: CE016430 Registered Charity Number: 1181914
The Orthodox Church of St Cuthbert and St Bede, Durham Repor and Accounts For the year ended 31st March 2025
The Orthodox Church f St Cuthbert and St Bedo D Contents of the Re ortan Accotsnts Forlhe eargnded 31st March 2025 am Pa Reference and Adminislralive Information Statement of Trustees, Responsibiliti&s Statement of Financlal Activities Balance Sheet Notes to the Accounts Detsiled Statement of Financial Activities
The Orthodox Church of St Cuth Reference and Ad and St Bede Durham inlstratlve Inforniation Company Registration Numbar CE016430 Regl$ter•d Charty Numbèr 1181914 Pripst In char Revd Dr Ju$lin-Alexandru Mihoc Trusts•¥ Dr Camien Hubbard Mr Emanuel lonute8CU Dr Sarah Amanda Kelly Dr Irina Soktslova-snegir Revd Dr Justin-Alexandw Mihoc The Very Reverend Archpriesl Prof Andrew Louth R¢gistsred Offic• and Oporatlon Address 5 Wanless Terrace, Durham. DH1 1 RU Bank•TS Barclays Bank UK Plc, 6 Market Pl, Dutham, DH1 3NB
The Orthodox Church of St Cuthbert and St Bede, Durham Statement of Trustees' Responsibilities
The trustees have pleasure in presenting their report and accounts for the year ended 31st March 2025
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated and registered as a charity on 7th February 2019.
The company was established under a Memorandum of Association which established the objects and powers of the charity and is governed under its Articles of Association.
The chair of trustees, who is the trustee for the purpose of charity law, who served during the year and up to the date of this report is set out on page 1.
Objects
The objects of the charity are:
The advancement of the Orthodox Christian Religion in general and through the establishment and furtherance of a parish in the City of Durham.
The main activities pertain to the advancement of the Orthodox Christian Religion in general and through the
establishment and furtherance of a parish in the City of Durham, by way of regular liturgical worship and the
refurbishment of the new Church building.
Financial review
Total incoming resources for the year amounted to £66,150 (2024 £97,136), with total resources expended of £21,511 (2024 £68,256), resulting in net profit of £44,639 (2024 £28,880).
This report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (FRS 102), taking advantage of the concessions provided by the SORP for smaller charities, and in accordance with the provisions for small companies under Part 15 of the Companies Act 2006.
The report was approved by the board on 19th September 2025
Justin-Alexandru Mihoc Priest in charge
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Theo ox Church of St Cuthbert and St Bedg Durham tatement of Finan¢ial Actlvities Includin Income 8nd Ex For the ear ended 31st Mar¢h 2025 en re Account Unrestrfcted Funds Unrestrlcted Funds 2025 2024 Incomlng R•sourc8s'. Donations DonatiOll5 Ukraine Grant GIftAid Other Incorne 53.*5 58.326 26,800 12.010 12,195 88.150 97.136 Resources Expended Cost of gen&tIng fijnds 21,511 21.511 68,256 68,258 Incomlng Resoureos- Net Incomè forthe Yr 44,839 28.880 Tolal Funds at 1st Aprll 2024 188,138 139.258 Totsl Funds al 31$t MafGh 2025 212777 168,138
rthodox Church of St Cuthbert and St Bede D th¥m 8alance Sheet at 319 M•rch 2025 2025 2024 Current 8ss81s Investsnent Freehold Property Other Ekbtors- GrfiAhl Cash at bank and in hand 167,074 72,106 33.447 109.729 12,010 46.849 Net Current ass•ts 213,227 168,588 Currwrt Llabllltl•s AccruaL8 450 450 Total Assets L•ss Current Liabllitles.. 212.7 188 138 Unrestricted Funds G8neral fuftds 212.777 168.138 Total Funds 212.777 168,138 For the year ending 31st March 2025 company wa$ entit& to $xempb'on from audit und8r secb.on 477 01 the Compani8s Act 2006. The members have not raquired the company to obtsin an audit in accordance wÈth SeCtn 476 of the Compani•$ Act 2006. The trustees aGkn08dg8 th8ir responsibilit8 for.. al ensurlng that thè company keeps proper accounting words whh complywith Se¢tlW8 386 and 387 of the Companies A¢t 2006 antl bl pparIng a¢counts which give a true and fair view of the State of affair5 of the company as al the end ol èach financial year and of ils profit or loss for each financi81 year in accordance wlh the requ1Ments of Sedions 394 and 395 of the Companies Act 2006. and which ott)emise cornpty with th8 [U1r¢Ments ol thls a¢t relating to accounts, so lar as appllcable to the company. The flnancial $taièments have been prepared in ardance with the provisions of Part 15 of the CompanEs Act 2006 relating to $mall MPanIes. roved by the Board on 19th September 2025 and signed Dll it5 behalf by.. Justln.AlÈxandru Mihoc In ch4ry•
Thè Orthodox Church of Notès to the accounts For the ear endgd 31st Ma h 202S t Cuth ndst Durham 1. ACCOUNTING POLICIES Ba81s of a¢¢ountlno The accounts have been ppared under Ihe historical c061 conv8nts.on and in acCOr(lan the provisio of SectioTr 1A"Small Enlilies. of Financial Rerorting St8ndard 102 The Financial Reporting Standard applicab in the UK and Republic of Ireland" and the Companies Act 20EK and follow the recommendab"on5 in Accountsng andR8POrting by Charrfies.. St8t8mlI of Recommended Pr8ctsce ISORP FRS 1021, t8kiThJ advantage of the Can$sK)nS provided by the SORP for small?r charities. Incomlng rgsourc88 l incoming resources ar8 induded in the Staiement of Financial Actwities when the charity b8comes entit to Ihg resources, the trustees are Virtually csrtain tw will receNe the reurC8S and th8 monètsry value can be measured Mrilh suffici8nt reliability. ExndItUre and liabllltles Resources expended 8re regnISed in the riOd in they are incurred. Ra50urce& eypended indude attribulabL9 VAT which cannot be recovered. Fund ac¢ounling Unre8lricled funds a donations and other irKoming resources receivable ornerated foi the objects of the charity ¥vithoul further specified purpose and are avai18ble as general funds. DeSnated funds are unrestrict8d funrl$ earmarked by the trustees for particular purpo$e$. Re51ricied funds ar8 lo b8 used for specific purpose5 as laid down by the donor. Expenditure which meets this criteria Is charged to the fund. 05ts of generating fund$ Costs of gen&rating funds a thosè w8ts incurred in aitracbng voluntary income, or incurred In trading acbwts$ undertaken to raise funts$.
The Orthodox Church of St Cuthbert and St Bedo, Durham Detail•d Statement of Financsal A¢tl¥ilies For tho yèar anded 31st March 2025 2025 2024 Donat)n9 Donatn$ Ukraine Grant GiftAicl Other Income- GrftA supPrnent Total Rov•nug 53.955 58,326 28.800 12.010 12,195 68.150 97.136 Cost of Sal88 1.274 Admlnl$tratlv••xpons8S Rent Advertksing Postage and staonary Donath"ons Hotel Costs Hits Costs Insurance Bank charges Legal and professional Costs Sundry Repaits and Renewals 1,820 1.558 690 1,100 200 2,041 960 739 1.390 697 30 450 15 450 6.489 62,718 T¢)tal Admlnlstratlvo oxp8n688 15,155 66,982
CHARITY COMMISSION FOR ENGLAND AND WALES
Independent examiner's report on the accounts
Section A Independent Examiner's Report
Report to the trustees/ Criarity '\;,rr� members of The Orthodox Church of St Cuthbert and St Bede, Durham On accounts for the year 31[st ] March 2025 Charity no 1181914 ended (if any) Set out on pages / �-----------------------------------' I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/03/2020.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. My examination included a review of the examiner's statement[accounting records kept by the charity and a comparison of the accounts ] presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.
I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material. respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to e able a proper understanding of the accounts to be reached.
Date: 20/09/2025 I
Name: lonela Alexii Address: 20 Nowell Close, Nottingham, NG12 1 FE I
Oct 2018
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