
**No (if any)** 

**Charity Name No (if any) THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON Receipts and payments accounts For the period** Period start date **To from** 01/06/2023 

**1199201** 

Period end date 31/05/2024 

**CC16a** 

## **Section A Receipts and payments** 

|||**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**No (if any)**|**No (if any)**||**CC16a**|
|---|---|---|---|---|---|---|---|---|---|---|
|||**THE BULGARIAN ORTHODOX COMMUNITY OF**<br>**ST. JOHN OF RILA IN LONDON**|||||**1199201**||||
|||**Receipts and payments accounts**|||||||||
|||**For the period**<br>**from**||Period start date||**To**|Period end date||||
|||||01/06/2023|||31/05/2024||||
|**Section A Receipts and payments**|||||||||||
|||<br>**Unrestricted**<br>**funds**||<br>**Restricted**<br>**funds**||**Endowment**<br>**funds**||**Total funds**||**Last year**|
|||**to the nearest**<br>**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|
|**A1 Receipts**|||||||||||
|Donations||**182433**||**-**||**-**||**182,433**||**25,530**|
|Income from Donations and Legacies||**-**||**-**||**-**||**-**||**-**|
|Income and Endowments||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_||**182,433**||**-**||**-**||**182,433**||**25,530**|
||||||||||||
|**A2 Asset and investment**<br>**sales, (see table).**|||||||||||
|||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**||**-**||**-**||**-**||**-**||**-**|
|||||||||**182,433**|||
|**_Total receipts_**||**182,433**||**-**||**-**||||**25,530**|
||||||||||||
|**A3 Payments**|||||||||||
|Charity Management & Administration||**1247**||**-**||**-**||**1,247**||**1,668**|
|Bank Fees||**90**||**-**||**-**||**90**||**-**|
|Church Construction Payments||**28591**||**-**||**-**||**28,591**||**20,604**|
|Electricity and Heating||**2,156**||**-**||**-**||**2,156**||**-**|
|Rent||**200**||**-**||**-**||**200**||**-**|
|Subscriptions||**1,840**||**-**||**-**||**1,840**||**-**|
|Travel Expences||**494**||**-**||**-**||**494**||**-**|
|Legal and Professional Fees||**810**||**-**||**-**||**810**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**||**35,428**||**-**||**-**||**35,428**||**22,272**|
||||||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**|||||||||||
|||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**|||
|**_Sub total_**||**-**||**-**||**-**||**-**|||
||||||||||||
|**_Total payments_**||**35,428**||**-**||**-**||**35,428**||**22,272**|
||||||||||||
|**_Net of receipts/(payments_**|**_)_**|**147,005**||**-**||**-**||**147,005**||**3,258**|
|**A5 Transfers between funds**||**-**||**-**||**-**||**-**||**-**|
|**A6 Cash funds last year end**||**3,258**||**-**||**-**||**3,258**||**-**|
|**_Cash funds this year end_**||**150,263**||**-**||**-**||**150,263**||**3,258**|
||||||||||||
||||||||||||





## **Section B Statement of assets and liabilities at the end of the period** 

|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|
|---|---|---|---|---|---|---|---|
|**Categories**|**Details**|||**Unrestricted**<br>**funds**|**Restricted**<br>**funds**||**Endowment**<br>**funds**|
|||||**to nearest £**|**to nearest £**||**to nearest £**|
|**B1 Cash funds**|Bank Account|||**150,263**|**-**||**-**|
|||||**-**|**-**||**-**|
|||||**-**|**-**||**-**|
||**_Total cash funds_**|||**150,263**|**-**||**-**|
||(agree balances with receipts and payments<br>account(s))|||OK|||OK|
|||||**Unrestricted**<br>**funds**|**Restricted**<br>**funds**||**Endowment**<br>**funds**|
||**Details**|||**to nearest £**|**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**||||**-**|**-**||**-**|
|||||**-**|**-**||**-**|
|||||**-**|**-**||**-**|
|||||**-**|**-**||**-**|
|||||**-**|**-**||**-**|
|||||||||
||**Details**|||**Fund to which**<br>**asset belongs**|**Cost (optional)**||**Current value**<br>**(optional)**|
|**B3 Investment assets**|||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
|||||||||
||**Details**|||**Fund to which**<br>**asset belongs**|**Cost (optional)**||**Current value**<br>**(optional)**|
|**B4 Assets retained for the**<br>**charity’s own use**|||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
|||||**Fund to which**<br>**liability relates**||||
||**Details**||||**Amount due**<br>**(optional)**||**When due**<br>**(optional)**|
|**B5 Liabilities**|||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
|||||||||
|Signed by one or two trustees on<br>behalf of all the trustees|Signature|||Print Name|||Date of<br>approval|
|**Secretary**|КИванов|||**Kiril Ivanov**|||16/01/2025|
|||||||||





## **The Bulgarian Orthodox Community of St. John of Rila in London** 

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|**Trustees' Annual Report for theperiod**||||||||||
|**From**||Period start date|||**T**<br>**o**||Period end date|||
|||**Day**<br>**01**|**Month**<br>**June**|**Year**<br>**2023**|||**Day**<br>**31**|**Month**<br>**May**|**Year**<br>**2024**|



Section A                        Reference and administration details 

|**Charity name** THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON<br>**Other names charity is known by**<br>**Registered charity number (if any)** 1199201<br>**Charity's principal address**<br>The Chapel of St John of Rila<br>186-188 Queen's Gate<br>London<br>**Postcode**<br>**SW7 5HL**|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF<br>RILA IN LONDON|
|---|---|---|---|---|---|---|
||||||||
||||||||
|||1199201<br>**address**<br>The Chapel of St John of Rila<br>186-188 Queen's Gate<br>London<br>**Postcode**<br>**SW7 5HL**|||||
||||1199201||||
|||**address**|||||
||||||<br>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** 

**Name of person (or body) Dates acted if not for Trustee name Office (if any) entitled to appoint trustee whole year (if any)** Very Rev. Chairman 1 Dobromir Dimitrov Treasurer 2[Lambrini ] Ferkadis 3 Kiril Ivanov Secretary 

- 4[Devorina ] Gamalova 

- 5 

- 6 

**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**<br>**Name**<br>**Address**|||
|<br>**Independent Accounts**<br>**Verifier**|Iassen Kirov-FCCA<br>Christian<br>Associates Ltd.|Avondale House,<br>262 Uxbridge Road,<br>Hatch End,<br>HA5 4HS|
||||



**TAR** 

1 February 2025 



**Name of chief executive or names of senior staff members (Optional information)** 

## **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Charity Constitution Type of governing document (eg. trust deed, constitution) CIO  - Charitable Incorporated Organization How the charity is constituted (eg. trust, association, company) Trustee selection methods Every appointed trustee must be appointed for a term of three years by resolution passed at a properly convened meeting of the charity trustees. (eg. appointed by, elected by) 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. 

## **Section C                    Objectives and activities** 

The objects of the CIO are: 

- a) To advance for the Public Benefit the Orthodox Christian Faith 

**Summary of the objects of the charity set out in its governing document** 

- 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. 

**TAR** 

2 February 2025 



In the second year of operation 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 until November 2023. 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. A fundraising campaign was started and initial legal and building work began for the conversion of the chapel into a church. In the reporting year, a total of £182433 was raised towards the project. The work began with the intention to complete it within 18 month. During that time Church services were moved to the Greek Orthodox Church of Saint Pantaleimon in Harrow. 

## **Additional details of objectives and activities (Optional information)** 

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 

**Summary of the main** In the second year of operation the Charity has gone from strength to **achievements of the charity** strength.We have been able to hold regular church services in St. John of **during the year** Rila Chapel in the Bulgarian Embassy in Central London until November 2023. 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. A fundraising campaign was started and initial legal and building work began for the conversion of the chapel into a church. In the reporting year, a total of £182433 was raised towards the project. The work began with the intention to complete it within 18 month. During that time Church services were moved to the Greek Orthodox Church of Saint Pantaleimon in Harrow. 

**TAR** 

3 

February 2025 



## **Section E                    Financial review** 

The Charity intends to hold a 10% of all income in reserves, which are **Brief statement of the** intended to cover short term shortfalls in revenue. None of the reserves **charity’s policy on reserves** will be restricted. 

**Details of any funds materially in deficit** 

None 

## **Further financial review details (Optional information)** 

The Charity accounts have been independently verified by 

You **may choose** to include additional information, where Mr. Iassen Kirov-FCCA relevant about: 

Christian Associates Ltd. 

- the charity’s principal sources of funds (including any fundraising); 

Avondale House, 

262 Uxbridge Road, 

Hatch End, 

- how expenditure has supported the key objectives HA5 4HS 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** 10/02/2025 

**TAR** 

4 February 2025 



Christian Associates Ltd
Chartered Certified Accountants
lassen Kirov-FCCA
Avondale House
262 Uxbridge Road Hatch End
HA5 4HS
02081918726
iassen@christianassociates.co.uk
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 11992011 for the
accounting period 0110612023-3110512024.
For the above accounting period the Charity has collected £182433 in
income, fully from donations, and has spent £35428 in expenses in
connection with its charitable works, mainly for the renovation of the
church facilities, as well for day to day running of the Gharity, so that it
can better serve the congregation as well as the wider community. None
of the trustees has received any remuneration or fees.
l am satisfied with the annual accounts of the Charity and have found thern
to be a true reflection of the Charity's financial status.
Date: 1510112025
Independent Examiner: lasen Kirov
Chartered Certified Accountant