RFG"15"IIRLD CHARI"ri' NIJMBER= 1188044 ROMANIAN ORI"HODOX PARISII OF ALL SAINTS C.ARDIFF (ROPASC) CIO ANN'UAL REPORT AND Fif4..INCIAL STATEfvIEN'rs FOR THE ￿TAR ENDED 31 DF.CLI¥,IBER ?024 ROMANIAIY ORTIIODOX PARISH OF AI,1. SAINTS CARDIFF (ROP.4S(=) CIO CONTLNTS FQR I'HE I'F..4R ENDED.11 DELEfvqBF.R 2024 Page Report of the tru$l¢¢* Legal And *dmilli$tratlv¥ d¢t•ils ladependejt euminerys, report to Éhe iru%te&¥ l#temenl of fin8JJ¢lNI Acliiili¢$ BAlJDce sljeet N'ote to ¢ht fiDan¢i*l stY4temeuts 10-13 RO,M,INIA,N ORTIIOI)OX PARISH 01¢ ALL SAINTS CARDITr'b" (ROPASC) CIO FOR THE I'EAR EIYDED .11 DECE,MBER 2f124 POR'I. OFTHE'J. LSTF.F.S Aim and ur o$es ThL Romanian OnhodDx Par￿Sh of All Sairns ('￿'diff (ROPASCI CI() has ihc. reNpoIisibiliiTr c>l' i'O- i)P¥r4llhn&i wllh 14e iniumbcnl i?ri¢st, Failiwr Sorin LhirEla. tv adi'auce IhL. Onhixlox Chrisii&n relikiji)n in Laldil; and li3e sutrouiidiiig for Ihe ￿nerAl4)I the public it) J¢C(JTiJa￿￿c wsih the doLtriiies anLI the I'anonb lif rhe Romanian i)rthodox PainarLhate anL4 wiihin the ￿¢t￿t¢S vl lh¢ Rniiiai'.jttii nnhiyli? N.leiri)wlis of N¥ eTrieni and S¢>Uthe.m LTJrope, etsPL4ially, bui not Lxclusivel¥. l)), proNi&inbt a pldCL tor rc.gulor M'L)fsllip prd J'er. rnisini* aWUteness and underslgndiiig¥ of nrthodi>X i.hri&tl42n belit1% and praclices, and iarry.'ing oui I'¢ligious servi￿cs. pa¥loral and oulrealh w(yrk. )b'eeti%'es Adiiides P.()PKS(' is commiyed Lo cnabtiDg a% rnan￿ PLxylc a5 possibl¢ io M'i>rship hi our ¢&urch iii limi llb tinie. tiicluding ihe adN.ancLlllL￿t of iiiiaril aiid aduli L￿ULatIO11 a C'.hri5lian 6i>irit, dnd IliL rLlief ol. l¥i n¢id. Achie ents and anc Ilor.Ihii) iirtd Priiyei. 111 Suni collirylered ihL pvrLha%e nf tliL IrLL'hold Llt. Ihe fonnLr:¥lcYh,xti41 fl JllT('.li CO￿,b1 Ri)ad rsi in l.'l}'. CKi¥diffi. ￿h￿ch inc4111% thiii Ihe parish nvi¥' Pu5%&5SL￿ "'Is vii'n pr¥n)iY5 lor Illi lira lilllL. L)uriki8 IIIL I'ur iYL' coii1i7114Ld iu li()Id M'ecklv l.rtd.iy ci'tnitt¥ ancl S'ttliirdav ni(JriiiEI Ilii Sund }' Mass. all of. whLLII LoniinuL ID bL' well ailL"Ii eii:Ibled Illl. P21 ri%h i(1 Iii)Id an 2llknn'iisine nur]hT ol"othvr weekd:)). 5LYvi1¢8. u l)icli w'¢TL l){ii' ji?1.1yI5' Il.,Ili'"Iili arrHEJge iry tiii ￿1g[ICarn ..liur-h. N¢w In¢Bihv'¢S vf the k(li1krrL.¥dlt(￿ i¥'ere M el.",Imuq 14uiin¥ ,e l'ew'4 4uid tli¢ PilriNh 11415 ￿1{1(*111 i£Th l)uS)ijlj>U jl)¥li i'la kiKi&l iiiLxlJ'" yrDiJ2is rclic ILJ li) Ihe Tlnni,?r,iaii LOTiini.iJnilN' iii Soulh Wales. ROMANI'IAIN ORTHODOX PARISH OF ALL SAINTS CARDII,"Tr (ROPASC) CIO FOR THE YF,.4R ENDED 31 DECEMI BER 2U24 Rlt.POR T 01 fiiL T RI.'STEES Icontinuedi J A.$'.ii)'ul Lar "I"hL SLiiday SchuL)I for LliildrcIi continued to ￿ held atter sLY¥'ices oil every fitsi Suiida} of the mibnlh. initiall>' iltthe St Vtn¢cnt'% Lenlrc, F.ty Bridge. but 5ub5¢quenil)' in thL' nL￿ churcli buildiniT. Th¢ ichv.ol is aisendud by children In the prcscnce i)I' Ihei-. parents. Religit)￿% insiruciion Jnd edue.iiion ?boiii Ron￿￿lan history. gLrgraphy and iulwre ib gii-knrn an #g¢-appri)priat> basis to ihe ch31drcn by ¢idult I￿lunteeT$ Irom the ¥oogr¢gaii(m, under the sutwyision oi .IAarian4.Moisit). During th¢ year, the parish esiablished V¥ hatsApp mL%$aging io iinpwvL the or8anisatioii and ordination ol. th¢ ptirishiLmers' 4'olunlwy efforts. Opponunili¢s iuy Wikfe&8ion ¢ontinucd to be offered i(1 the konÈFevation on SatUttLays &ftcriFK mo.rnin¥ ser¥iLL and in the ev¢nin2. bui th.¢ priest IS tiow also able to offer wnfcssivn in the new chutch fti liihLY tiines during 14¢ iveek. We also held rcgular meal8 3nd coffee afternoons tor Ilic cvinmuniij. w,hi senrd IxP.h to $trengihLm ¢xisling IY)nds kn'iihin lh¢ congregation and lo inlegrdie neTh' parishioners into the churcli ¢oiiuDunit> llryd the arca. Th¢ priest alw m#d¢ reguldr house fvisiis on request to bless house% t ncw-born babiei. ,Ili.iJiun uiid thifru'uc'h l.lelpii)¥ thosc in need is a?1 impirtiknil asp￿1 of ihe Christi4D laiih. During IhL' I-yar. Church tnember ¥1 crL Eni'1l¢d to iDTilrihut¢ fmndb to12elp ollieF warishioners w,ho requirL'd finanlial 2Sbi%ldlliC M'illi famil%. tunerdl Losts £3.74! ￿.&5 disiribulLd or spcnt to Ibss Lnd. .Additiniiall J.. a fifi>'"yLYr l&ise on a biiribl p':IX for tliree persoiis S. W￿l0S cemetery Wdb purchxsal on i￿.11a1( of the parisi? lor £.1.234.09 10 ¥nable parish70J1crs who LÈnnot alford to repairiaie their drtedSLd familv mcu>E&'rs io ik. buricd 111 the Iixalitv. I'he pU￿1)BSe Th8s b? th¥ Irustees at a meeting oil I I Ill AIi¥ubt. As usual. S￿LIa1 prayL"r sern'i¢L$ ￿"¢rL. held Ihtoughoul IiiL yvar for pansliitrncrs LXPLTi(:n¢iii&• sevei EeFIPIILIIIIL'uIRclfiii*)r,¥htps F2tlier Cliirilu maintaiocd rygulll-, conta¢t willi Ihe other i)riesLS Jf thL Ronianian l)rthpdox ILirowlit3nale ofM'LIKtcrn apd SouihLYn F.urope t¢) sh,4re adiiLL' and infoTmaiit.11. Ilk OLlobL"r IhL P41¥%t and iwo parishioners altL'n(ILQ tliL Inauguralii)71 of IliL Romanian Onlxxjox A2rhbi81ii'.p JTI l.t)n{IL)I). (yuniTrcr membern of Ihc Pdri.%li eominunitv continued io k ¥mcourugcd lo lortilii Iheii fJii¥% LIIiiiLILi sr.embership of the JN'I.'PSIS gN)up for ()rthodox )'ouil wkn.ch al>*Q %Lr¥'es tÉ) Jiid slrengili¢n i-claliviiships w lili oihcr ¥huiYhe4. 1)urinb' Ihc Nl-.PSIS group Iicld regular iyie¢'lincps iU]d k¥¥1 in Iriuch ￿111> Ihe %l.'PSIS ic)inmunity in the UK Lnd Abr(l**d. Sevcral fL¢mbei& N'isiled a Nf:PSIS CClfiEtU%S 4t:Id ip. l.niidor. Ixcvmkr. ROMANIAN ORTHODOX PARISH OF ALL SAINTS CARDIFF (ROPASC) CIO FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE TRUSTEES conti]]ued FinanciAI Review IpicoiKe Total receipts of donated unrestricted funds amounted lo £173.447.79 duTing the financial year January I sl 2024 10 December 31 sl 2024 (prior year £295,396.13). There were no rcstricted donations. This Compri￿d. £26,101.75 in cash Collections al church smric¢s and ad hoc ormiscellaneous undesignaied donations lo the bank account (prior year £43,745.51) £140,725.52 in designated (but unrestricted) bank donations (prior year £243,128.43). Additional income Sources were.. A HMRC Gift Aid receipt of £6,711.52 (prior year £4,000). £6,304.23 in gross intcrcsl canicd OTh moncy in Ihc bank savings account (prior year £4,372.19) £650 was Teceived from the perfonnance of sacramental offices E¥>endiiure andDonai¢ons Total annual expenditure during the year (excluding the purchase of the church from reserves) was £40,427.44 Iprior year £19,809.40), of wliich the piin¢ipal Lomponents w¢r¢= i) The moiitlily stipend paid to the I￿￿1MbenI priesl, Sorin Chirila, totalled £15,600 (prior year £7,200). The increase in the pricst's stipend to £2,(M)O per month was agreed at a gcncral Inccting of parishioners and was i?lified by a vole of th¢ trnslees (from both of which the priest absented himselfj on 8ih July and reflects the faot thai ihe priest's job be¢am¢ full-time after the purchase ofihe new church ITI June. ii) Expenditlire on rental of the St Liike's church premises was £5,010 (prior year £4,680). At the nieelin8 on 8th July the trustees and parisliione15 agreed thal the parish will ¢onlinue lo r¢iit St Luke's Anglican church for some services until such time as the new church premises are deemed to be suitAble for full-timc usc. iii) The cosi of hosting and maintaining Ihe parisli website was £121.42 (Prior year £244.57). iv) Bomk charges lotalled £263.30 (prior year £332.48). v) In total, £5,830.75 was donated lo worthy causes during the fmancial year (prior year £4.094). Of this, £3,747 was donat¢d to. or spent on behalf of, parislii()ners requiring assistance with funeral cost as approved at tru5tees' meetings on 30th July and 28th October. Additionally, £1,765 was donated to the Romanian Orthodox Church, Paris and London, of which £1,320 was directed to a fvnd lo assist victims of flooding in Romania. vi} Professional feeq totalling £5.087.14 were expended in relation to the church propety purchase (prior year lolal £2,640.95). vii) £4,400 was.qpent on irnprovements to the roof ot the new church. The nel result for the year was an excess of receipts over pa￿nentS of £139.974.58 (prior year £275,586.73). At year-end thc savings accouni balancc wa5 £1 63.639.81 as comparcd io a balance al the beginning of the year 01. £475,000. a dccrcase ot"£311,360.19 (prior ycar In¢￿a$¢ was £266,770.97). reflecting our purchase of Ihe church prcmises. At ye￿-end the curreni ac¢ounl balance was £676.72 as compared lo a balan¢¢ ai ihe beginning of the year of £2,511.36 {a de¢rease of £1,834.64). Ai year-end total assets, including the freehold of the new church premises and the burial plol (91 ¢osl), were therefore £627,485.94 comparcd to total asscts at thc bcginning of thc ycar of £487,511.36. The ¢asli funds of £164,316.53 are unrestricted, although the majority has been nominally d¢signat¢d for th¢ RONIANIA2% ORI'IIODOX PARISH OF ALI. SAIP4'1 S CARDlfiF (ROPASC) CIO FI)R I FIE I'LAR F.NDED 31 DTr.CEMBER 21124 'P(JRT OF I'HE I'RUSI'LF.S ¢oDrfnued rJe¢eqsary tmprov¢ments and decorntion of the new chur¥'h pr¥mÉs¢s, which 1.% likelv io ciTriitni¢nu'e in ltstc 20?) or eaTly 2026. Re)￿ri￿.￿ KX)Iicv RI)PASC"s r¢serves PDIi¢)' js Ii) niaintain a suitt uppn)ximately equi¥alenÉ io threc monilis, n￿lUng cts%ts and is currLTIIy bd at £J,(Klt3. All R()PASC lunds are rJiiKtstnLtd. 2nd nur income currtiirl), ¢xcceds OUT expeiiditure bv a significant margin. and ihis has be¢n tlie tliroufphout trAC Jear. ] lili< wITcy ii'ill bc re¥.iLw￿d dviing t1￿ n¢xt financial y¢ar, M,hen ive should k able to gain a nio bL¥'ufdl¢ understundingp lif :.he running eosls of muintiiining our own khur¢'h pwp¢ttJ and a tull-iinie priest. Thb rcKcrvL'$ polic), ll'ill certainly need to be wneiided in ordL'. iu meet the lar&Yer sums rcquired 1.7 mainl4in the protKtt> OVLT IIIL lone.ierm and to ihe significani d¢plthion ol, uur TLser¥e 4t$ a reuili oi iFi¢ purL'ha5e of the Gliurch premi&Ls and ihc liKcly tiilknre ￿&s(s ot'imumi'em¢nt.s tD ts fJbriL. .Struclure. ',o¥ern*n¢e m#lla"effjeut Th¢ m¢il'Thl ofappv.iiilnient ot ROPASC Iru>te¢% i.£ scr out in ihe Coiisiiiuiiibn of fhaTll<1L7le In¢thryK)fdlLd Or¥aiiisaiion. 'K'he Bortrd of TTUStccs ¢onsi¥ts of IIK. iniitsnl)ent pricxi (F.athLr 81)rin C-hirilal and chiii'LlI ine131beis ¥l¢&ied & tlie Ajmudl tiLM¢ral M¢¢iing. I lie tiu%ie¢s arc ruspvnsible for making de¢isioRs on all m&ilt¥Ys of ￿Ct￿l conc¢rn anJ iinTrirtdiic¢ t4) Ilie parisli Inuliiilillg d¢Liding (>n how ilit tui)ds i)ff' Ihe ¥harily 8r¥ io b¥.%PCttI. iJrin8 ?0?4 IiinL'ie¥i? ITus1¢¢'S meetings were held. the majority ol. which tvok pl4¢e oiiline via /Aioni. l!18¢pteMb¢r w¥ hLld dll aniiual general meeting ot. Pdrishionerb with thL aim of %h8ring in(DrniaEit)n and $￿S￿leY£s(HIS (i)r ib'turL pvsrLS5. djxl io discus.4 POten*ial altLrnIioiib Impr0￿cmelll,4 lo the urLh pmpen}." Tlie iruilc¥s ulsti dLlivered the fiiianci31 ¥e¥iew for ilk. pr¥i'i(FllS yC411'. RONJANIAN OR fiioDOX PARISII OF ALL SAIN'TS CARDIFF IROPASC) CIO FOR'fiiE YEAR F.NDF.D .11 DECEMBER 2024 STATF.MF.*'T OTr TRIJSTEFts' RESPONSIBILITIF.S 'The iws1ces responsible Icir preparii)g the 'YrusteL's' R¢pon and ihe tinaiicial SlJicmttits i #LLOTdance n'iih applicable law, and unit￿ Kingdom .4Lc041wing SI￿]dÈ￿￿s {lJnii&d kingdoin C3ellerallv .4. irted ,Iccountin&w PraLtice). ThL leiv applicAble tn chaTXliL'b in England & Il'alLs fLNuires the itwlees IL) prwL fJnai)Lixl stata?TreiilS lor eaLh 4inancial s'¢ar ii'hic,4 ¥1%,¢ a true iuid lair lie%* of ihc stale of atTaiT5 of the churii). and of the incominby resourc￿ and appliL-uiion of ￿￿￿oUrceS t)f ihL charity for ih3t penod. In pr¢p￿Ing.1}est finaiicial stalemiTts. lh¢ twsl¢¢s ar¢ r¢quired IrJ= leLt siiitable &ccDuntir,g polici&s and ihen apply ihLm consisteiitly: %)bs¢DTe the mdhods &i)d pnncÈples in th¢ CTharities SORP 2019 tFRS 102),. makL judgemcnis 8nd Ustimales that are reasanablc aud prudent.. blAte wheihcr applicable 8ceoui)iing standards hkve been lollou'ed, subjeth to 211> maienal ¢partLres disclosed and cxpl¢iin¢d in ihe financia151atemenls' prepare Ihc fuw4cial stsiemeilts 011 Ihc gtsill¥ concern ba%is unl¢ss il Is IAE2pwopfI1t￿ ID presian',c thai the ehariij will continu¢ in operdtioii. The itU$1tt5 aTe r¢*ponsible for k¢epiug pr{￿eT accountin¥ rei4)r&s tha¢ disc'lusc wilh redSUI)able ccurdL)' ai any lime the finan¢tal ix)stiion of Ihe chariiy and enable them to Ln.5ure Ihol 114¢ findllLial slatemenls comply w'itli tl)¢ Charil:¢s ?01 I, Ihe Charities LAcLI)U#is ond R¢pofib} RcgTul¢ili(}7J¥=.01}8 g1)d ihe pNivi&ions of tli¢ tN.%t ileed. 'fb¢v also respon5ibl¢ lor sal¢gu#irdiiig ihv atsscts 1)f i]￿ ih.dnlv and Iicn¢# for taking rL?sonable st¢ps for ihc PT¢veniiory and ddLLtion Lil fJlbLia and other irreg?ularii2L5. Jlis rqy.)n ￿'.￿S prLT£tred aiml approvL%4 b￿ ihe in)stLW i)f R()PIlSC. on 16 Octobei. 7025 fsnd lin liicir b¢hall'bN" aiher Sorin Chirila ROMANIAN ORTIIODOX PARISII OTr ALI. SAIN'TS CARDlTr'r IROPASC.) CIO FOR THE YEAR ENDED 11 DLCLMBER 2024 LLC..41. .4ND ADMINI,STR.ITIVF INF RNIAfio.N Ilie Romanian Onhthx Parish olAII Saints Card4ft is based Lio SI. I,uke'5 Chureh. 56 I fowbridAc Ril.iJ F.tt5l. C'2rditT. L Fi I tID. "KlILI I:Ihryrily'S ￿0[rEsPL)nden¢e ￿dd￿'s$ i) 11 l-he Trea%iwer. Ri IP.45L'. )Q RydLr SirL%i. L'arditi-. r'i.. 11 9BS. ROPASL i.s a CIO according to ilit Chariiiu Alt ?l)I i . TrubLCLS wkn knN."c sei'¥ed Irom I,.Jdnut￿ 21)24 until lh¢ datc Ihis rcport was pprol'cd lThcumbcnt Priest.. Father Sorin Chirila Adrian Dumit loana PI¢s2 Cornelia ProlopoFk%¢u Tudor-lllad Moisin lo￿1 Hojda {apkX)iniLd 19 January ?025) Radu-CsDmin Piiis (appointLd 19 J3nuaT) 20?5} nillpindtyit eryan;: J 11 Rodenck. Ll%. V.1 la"iiiL* & L(). FSi.s1101) IlousL', l O Il'heat Slr¢LI. Brecoil. 4C'.A i￿3 ?rK7 ROMANIAN, ORTHODOX PARISH OF ALI, SAIN73 CARDIFF (ROPASC) CIO FOR THE I'EAR F,.%'DF.D 11 DLCEMBF,R 2024 I.NDTr.'P>,,%DF'li I. I.X.IMINI LRS REPORI I'O"IHF. TRUS'fELl> OF ROMANIAN OR'THOIK>x P.*RISII OF AI,1, SAINI'S C.4RDIFF IROPASC) CIO I rep()rt to Èh¥ ilmiiy rrnsttes g)r. m). ¢.Ykmindtic>ii of the aeeounls c?f ihe ili" trustee% are retspvnsible tor flie pJtp#r*tiofft of ihe aecDuni% in a¢¢othnc¢ iviih tlie requiremcnls Df tlie ChariTiCS .4LI 2011 ('the Act.). I report in respect of m>. eiaminativn of the charilv'% aecounis k4rrivd uut under section 145 ol'di¢ A¥t and in ￿TryIn￿l out my examination I huvc follo￿ ed all tbc applic¢ible DiT¢¢tions giNcn by Inc C.11￿tY Commission under section 145(S)Ilb) ufth¢ Act. Independent cxamlner'$ $tateEn¢nt l iipvc complcteé my eiatriination. Lvnfirn] that tin maiLrial me.rt¢rs h<7￿￿ coiiie t£) rilj. IIIICnlion in o.niieclROll with ihc ¢xamiTulion gFivin¥ me rduse lo believc Ihtsi Mnv Enaterial respc¢l= ,IC¥oulliing n'cJftl& ￿-Cl.£ iioi kcpl in res￿1 o! Ihc charil}1 as f¢qiiirL(I by 4ection 13{1 ol"Ilic .4el.' or thty èL'Li¥up.l> dii I:ot ACLI)nl wilh Ihosi f¥Lord%.' or Il)e acLoiinl% ilo 111)l Lvmryly wilji ihe applicable rLquiTem¢nt.% Ci)ncirtiiT5&F ih¢ form aljd 10711eni Coilnls Sil OUI ill ihe C'l]arEliL's (.l¢¢iiunls and RLPOrtsl RLgiulatioii* 2110% o.IhLr Ih&'fs LESS CliRRP.NT LIABJLifiL4 CM ihtsrth 267,0&: 168.fj .i'il l%1 I￿￿41Ly nn b¥hall'of the b(iarJ ol'iruN;¢e! ?J.10,2d2r . li IYI,IN OKTHODOX PARISEI ()* AI,1. SAINI5 CARDIFF (ROPASCI CIO ( I I'l..% TC) 'fHE' FIS'AN'CJ,Il, S'l'A-ri'.IlEI¥TS I 11 Dfj'C.'fr.hlREIt 2024 1, .4CC'OLNTINC POLICIES Basi¥ Prtpar*tio o..nbnis￿}ll Ortli(NJox Parish of Illl SAi¥kls C'ardin. L'.10 1$ è chayithblL incorpovaited orsanis•iiiin r4J¥iytrred wtih rh¢ 'kJ'*rylfv comn))sbi<￿ in E.np.land an*OKP kRS 102} effective l Ja¥tU¢lry ..d Ihe (liaTiiiey Act 2011. .. r1114inLt21 staiemt4Ks are prcwdrL.d In strling, whiLh 1$ rh¢ lunctional Liirrcncy ol- tlK Li)mpdTly. MorieiaTr m >'iril% In theKe fiTJanLi£>l sialcmenii arL' rounded to the n¢aresi £. l•oln% r￿te i.e. w4Liher ih¢re ¥Lre any niutLricd UftCiYf&ililJL'> .late(I If! L¥LOl$ or condilifin5 diilt In8}. casl sigJiili¢ani iloubi vn the abiliTh of charilv to iontinu¢ as d biiiino i Lin¥Lrn. The Iru*icL¥ niuke rhis asseisment in rc5￿1 of a r￿ri￿1 of i)ne }eaT fri)m ilie (I¥iL of appioirdl i)t'Tlie It i*niin% resources It Irk InLiblIl¢ ?ncliudirig (kin4lity..Ib. gifig, legaLie& aiid ￿an15 th#; pro¥idL lundA#g or h86 eniiLl¥illiiil io iht i))¢om¢. it is piobable thai the inL(*m¢ Mill be rectlKYd artd IhL ".YJ. 11.lll ,_illi ￿.CasUrL.d wiih.%utlici¢nt reliahilils.. i)Oi&cilii)n.% #Tid IL'8iicies are fe-iJ3tiiSLxI on a rece&Nihle l)a$iy wFM'n receipi is PTiibahle aiid ihe am4?uni cJ)n l)C Trliii hl3' Irari:s iitt, recowiised ivheTI Ihe ¢harity 811 LYltiilLThLlll to *hL funds ftnd an!, c.oridili%m% iink¥4111) lh¢ I,,.ii' ie¢ii iiiLI. Il'hLle p¢rioiThllli' ?) fLY(>yIJLI'. J. I li;:biliiN and in¢luded un the bhlap.LL.%hLLI <1> dettrreJ iiicibn)¥ ILI 17L rLleased. lili li¢1 ￿11lK4hl¢ ei.-l..rJltiJt 1$ TL'qiiircd ai)d the amouilt can be *ieasuttd reliably. All ale OllocalL￿ 10 th¢ applicable ex￿￿￿11￿1"e ,lii" !.. 11)3t aWC￿le +imtlar"osts ti) thal iuiLbrtsry. Wl)¢re cthi* ¢annuÈ k direcil>' aitribtsred ID paniculRr hcadiD.g?s l}.ii c hL"eTr allo¢at¢d (m a basis ¢nns3*ierJt Miih ihe use of resoui¥es, ￿1h ceniral $14ff c()8ts all￿al¢d Dn ihe ba%1 l.nl %fL'lli. aJ3d depreciation ¢h2r¥7¢s allocatsyj on the ponfjon sis lftcurred in altraefing volEJntaTr iF>comt. thL Ytsandwneni of invc&tmcnis and tho¥e incurrcd in trading (.'harilgblt aetli'ltkeg fhdriidblL expeiidiwre CUmPnS¢b 1hos¢ Incu￿¢d bj. Illi LhiL nl), in the d¥lii'¢ry of its &cijviijL* and scfviw filT Ils hentfic%ariLs. If include% boih cosis thyi Lan ￿ allrKai¢d dinLily io such aciii'ities and ihos¢ .'051S 01-,qn Inglircct aidre necessary i() suppon thein. rvoi¢rNwh¢e eosls -h￿￿e 11)cliidi ihe c4>Sts aiiTibulabl¢ to the clrdritj. s ctynpliiin¥L Wlth C4)n%tilutiMal and siJlulory r*¥u}￿M￿ts, .1£ iiid,.no audi(. s1rdle￿I￿ Inana8em¢nl and irusices meelin￿ and reimbuTSL4J expenses. r.lde flebtory ,.d dcbiors are reiobmirtd &11 the 4eiilciTyenr aJnounE &iftLT al)ytrade dticouTrt o[[LEL￿. l¥tVJ!ryntnl< ,1 . al'JL4 ai Ilie ami)uni prL*F¥id riet of 8111 trii ¢liSLuJiIIs due. Jih aiid Cush equivaltnt$ a..h a-,.d Lash ¢qui¥'aienls Lonipri8e Lash on Iiand and c811 dep09its. other yhort-tenn hiyhi) li4uits ini*slmcnES Iljdi dfL Teddilj cou%'ttLibl¥ 10 41 kno￿.￿ alno￿ni ufcash and iryre siibieei to an in.¥ibmiliLal)i risk c)f ¢4ange in i"aluc. ?'und ltruC￿￿e l.firL'stlS¢fed ii)¥oni¢ fiRnds are gen¢ral fuTMls ihwi are aN'41ilable fly al IhL In].stees' disc.relii)n in iUrtlILro!tll Lif ihe i)bjeL'Ii *iS nf the chariti. l)oxiKpnaleil tLITid¥ drL' unr(-Str£ithl futi&s Sil d*idL (tr $￿itiC. purposes ai ihc. di5LTLlion of Eh¢ inisle¢s. . i¥i¢d in¥()IK' funds are those dt)'ialLd l{Ir a particular ina i?r for s¥¢citl¢ PUV+KkurLnKry)I c)r r.I1s1. Ikpr¢ti-,IlI￿ if ch&Yged so•s to allorare tl)¢ i(Y41 i)f18n¥ible fixed a$$els le8s ilIL'ir rL¥idual value m'tr ih¢"ir esiii)iaitid I￿*u] li¥".L?s, usinb? the.%lrdIb￿l)1-1tn¢ nvih(xl. )epreLili 11(In 15 provided ihe following basis.. ei.l.,(Tld propi"rty- Ntl IJT-,.I plot *#' Siraighi lin¢ RC)fvI,INIAN ORTHODOX PARISH OF.4LL SAIINTS CARDIFb IkOPASC:) C.10 C)'ITr;S TO TIIF. FINANCIAL ST.4TEMF.IT 1 11 DLLLMBb.R ?024 . l Rl %] b.ty.4J REIIL:NLRATAOry AliD Tr:XPLNSES )u I,Ik IIIL VL'dr. no trU*leL% fL¥eikeo aiiy veniunerai*xsn ufuther l)enefiis '.L i."ii. IIIL Lnded 21 Dc¢¥mber 2024, expenses iÉxallin¥ £l.l S(1 {2Q2.3.. Lhil) Mer¥ reimburycQ or paid diTkxII.. to Ini I r i%ie¢ in J'claiion to the re1mbure￿1cTht of C.￿1S i11LLi￿d (Jn behalf of ih¢ Lhuity. Il)¥ ￿kalItY is ex¢mpi Irom c¢ypnlion ittx on irs chariiable 8ctivilies. J. '} ,Il*l)IBLE ASS*','13 Frttknf)Id property Bllri#l plot ( ￿ I. {)R I',%l.i¥A'I'ION 46O.111M) 3.234 , t I l)tiemb¢r 10)4 463,) 34 IITr'PRb.'C".IATIO,Y 1 1 5Tiouar) ?n?4 SdS 19?.382 ?67,082 IfiS.ti?2 b27,486 487.*11 621.486 %Ij ri)TAI. 192.182 20-:.082 168,OL? I,I'.I. ITED PAR TY 'J.L￿Ns,￿￿TIn￿S rc no r¢lic ted party ifsfvuLiion4 du¥iiis the srar. 13