## **The Bulgarian Orthodox Community of St. John of Rila in London**
## **Trustees' Annual Report for the period**
|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|---|---|---|
|**From**||Period start date|||**T**
**o**||Period end date|||
|||**Day**
**01**|**Month**
**June**|**Year**
**2022**|||**Day**
**31**|**Month**
**May**|**Year**
**2023**|
Section A Reference and administration details
THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF **Charity name** RILA IN LONDON
**Other names charity is known by Registered charity number (if any)** 1199201
**Charity's principal address**
The Chapel of St John of Rila 186-188 Queen's Gate London **Postcode SW7 5HL**
## **Names of the charity trustees who manage the charity**
**Trustee name Office (if any)**
**Dates acted if not for whole year**
**Name of person (or body) entitled to appoint trustee (if any)**
Very Rev. Chairman 1 Dobromir Dimitrov Lambrini Treasurer 2 Ferkadis
- 3 Kiril Ivanov Secretary
Devorina 4 Gamalova
Grigor 5 Serafimov
- Pavlina
- 6 Chingarova
- 7 Dominic Anstee
- 8
- 9
- 10
11
- 12
- 13
- 14
- 15
- 16
17
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**TAR**
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|
**Independent Accounts**
**Verifier**|Krasimir Hristov
Ivanov MCIM
Chartered Practice
& Accountants Ltd|601 Britannia House,
11 Glenthorne Rd, London W6 0LH|
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## **Name of chief executive or names of senior staff members (Optional information)**
**Section B Structure, governance and management**
## **Description of the charity’s trusts**
|Type of governing document
(eg. trust deed, constitution)
How the charity is constituted
(eg. trust, association, company)
Trustee selection methods
(eg. appointed by, elected by)|Charity Constitution|
|---|---|
||CIO - Charitable Incorporated Organization|
||Every appointed trustee must be appointed for a term of three years by
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|
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- ●policies and procedures adopted for the induction and training of trustees;
- ●the charity’s organisational structure and any wider network with which the charity works;
- ●relationship with any related parties;
- ●trustees’ consideration of major risks and the system and procedures to manage them.
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|**Section C**
**Objectives and activities**|**Section C**
**Objectives and activities**|
|---|---|
|**Summary of the objects of the**
**charity set out in its governing**
**document**
**Summary of the main activities**
**undertaken for the public**
**benefit in relation to these**
**objects (include within this**
**section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public benefit)**||
||The objects of the CIO are:
a)
To advance for the Public Benefit the Orthodox Christian Faith
b)
To establish, maintain and develop for the Public Benefit a
parish in London, to provide liturgical services, sacrament and
pastoral teaching, according to the rites and doctrines of the
Orthodox Church.
Nothing in this constitution shall authorise an application of the
property of the CIO for the purposes which are not charitable in
accordance with section 7 of the Charities and Trustee Investment
(Scotland) Act 2009 and section 2 of the Charities Act (Northern
Ireland) 2008.|
||In the first year of operation, and after the end of the Coronavirus
restrictions the Charity has gone from strength to strength.
We have been able to hold regular church services in St. John of Rila
Chapel in the Bulgarian Embassy in Central London. The congregation
has been growing steadily and consistently.
The Charity has obtained permission from the Bulgarian government, the
Bulgarian Patriarchate as well as from the British authorities to renovate
and extend the Chapel of St. John of Rila for the benefit of the growing
congratulation.
Since we were able to open a bank account in 2022, we have run a
successful online and in person fundraising campaign and have managed
to secure funds to start the renovation process as well as to maintain the
services.|
## **Additional details of objectives and activities (Optional information)**
3 August **2023**
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You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D
## Achievements and performance
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## **Summary of the main achievements of the charity during the year**
In the first year of operation, and after the end of the Coronavirus restrictions the Charity has gone from strength to strength.
We have been able to hold regular church services in St. John of Rila Chapel in the Bulgarian Embassy in Central London. The congregation has been growing steadily and consistently.
The Charity has obtained permission from the Bulgarian government, the Bulgarian Patriarchate as well as from the British authorities to renovate and extend the Chapel of St. John of Rila for the benefit of the growing congratulation. Since we were able to open a bank account in 2022, we have run a successful online and in person fundraising campaign and have managed to secure funds to start the renovation process as well as to maintain the services.
|**Section E**
|**Financial review**|
|---|---|
|**Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially**
**in deficit**||
||The Charity intends to hold a 10% of all income in reserves, which are
intended to cover short term shortfalls in revenue. None of the reserves
will be restricted.|
||None|
August **2023**
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## **Further financial review details (Optional information)**
- The Charity accounts have been independently verified by
- You **may choose** to include Krasimir Hristov Ivanov MCIM
- additional information, where Chartered Practice & Accountants Ltd
- relevant about: 601 Britannia House,
- ● the charity’s principal 11 Glenthorne Rd, London W6 0LH
- sources of funds (including any fundraising);
- ● how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F**
## **Other optional information**
**Section G Declaration**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees**
> **Signature(s)** КИванов Kiril Ivanov **Full name(s)** Kiril Ivanov **Position (eg Secretary, Chair, etc)** Secretary **Date** 01/08/2023
August **2023**
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Period start date Period end date 01/06/2022 31/05/2023
**----- Start of picture text -----**
Donations
Income from Donations and Legacies 0
Income and Endowments 0
(Gross income for
AR)
Charity Management & Administration
Charitable Activities
Church Construction Payments
**----- End of picture text -----**
**----- Start of picture text -----**
Bank Account
(agree balances with receipts and payments
account(s)) OK OK OK
Signed by one or two trustees on Date of
behalf of all the trustees Signature Print Name approval
**----- End of picture text -----**
## **Chartered Practice & Accountants Ltd**
**601 Britannia House, 11 Glenthorne Rd, London W6 0LH Tel/Fax: 0044208 834 7105 Mobile 00447515344034 Email: accountants@mailreceive.com**
## **Independent Examiner's Report**
**I have thoroughly examined the financial statements, annual accounts, receipts and payments of The Bulgarian Orthodox Community of St. John of Rila in London ( Charity Registration Number 1199201) for the accounting period 01/06/2022-31/05/2023.**
**For the above accounting period the Charity has collected £25530 in income, fully from donations, and has spent £22272 on expenses in connection with its charitable works, mainly for the renovation of the church facilities so that they can better serve the congregation as well as the wider community. None of the trustees has received any remuneration or fees.**
**I am satisfied with the annual accounts of the Charity and have found them to be a true reflection of the Charity's financial status.**
**Date: 15/08/2023**
**Independent Examiner: Krasimir Hristov Ivanov MCIM Chartered Practice & Accountants Ltd**