2025-05-31-accounts

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

Trustees' Annual Report for theperiod
From		Period start date			T o		Period end date
		Day 01	Month June	Year 2024			Day 31	Month May	Year 2025

Section A Reference and administration details

Charity name THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON Other names charity is known by Registered charity number (if any) 1199201 Charity's principal address The Church of St John of Rila 26 JayMews London Postcode SW7 2EP	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON	THE BULGARIAN ORTHODOX COMMUNITY OF ST. JOHN OF RILA IN LONDON
		1199201 address The Church of St John of Rila 26 JayMews London Postcode SW7 2EP
			1199201
		address
					The Church of St John of Rila
					26 JayMews
					London
					Postcode	SW7 2EP

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 Name Address
Independent Accounts Verifier	Iassen Kirov-FCCA Christian Associates Ltd.	Avondale House, 262 Uxbridge Road, Hatch End, 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

• (eg. trust, association, company)

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 third year of operation the Charity has gone from strength to strength.We have been able to completely rebuild the church and make it into a wonderful place of worship.

The new church was officially consecrated on 23rd February 2025 by the Patriarch of Bulgaria in the presence of representatives of all Orthodox and Anglican Churches in the UK as well as hundreds of lay people. The congregation has been growing steadily and consistently and the church has become a focal point of the community not only in London but the whole of the UK.

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 third year of operation the Charity has gone from strength to achievements of the charity strength.We have been able to completely rebuild the church and make it during the year into a wonderful place of worship. The new church was officially consecrated on 23rd February 2025 by the Patriarch of Bulgaria in the presence of representatives of all Orthodox and Anglican Churches in the UK as well as hundreds of lay people. The congregation has been growing steadily and consistently and the church has become a focal point of the community not only in London but the whole of the UK.

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 Mr. Iassen Kirov-FCCA Christian Associates Ltd. Avondale House, 262 Uxbridge Road, Hatch End,

You may choose to include additional information, where relevant about:

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

• 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 10/02/2026

TAR

4 February 2025

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 01/06/2024

1199201 CC16a Period end date 31/05/2025

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 ST. JOHN OF RILA IN LONDON					1199201
		Receipts and payments accounts
		For the period from		Period start date		To	Period end date
				01/06/2024			31/05/2025
Section A Receipts and payments
		Unrestricted funds		Restricted funds		Endowment funds		Total funds		Last year
		to the nearest £		to the nearest £		to the nearest £		to the nearest £		to the nearest £
A1 Receipts
Donations		280352		-		-		280,352		182,433
GiftAid		40,417		-		-		40,417		-
Income and Endowments		-		-		-		-		-
		-		-		-		-		-
		-		-		-		-		-
		-		-		-		-		-
		-		-		-		-		-
Sub total(Gross income for AR)		320,769		-		-		320,769		182,433
A2 Asset and investment sales, (see table).
		-		-		-		-
		-		-		-		-		-
Sub total		-		-		-		-		-
								320,769
Total receipts		320,769		-		-				182,433
A3 Payments
Advertising & Administration		201		-		-		201		1,247
Bank Fees		195		-		-		195		90
Church Repairs and Maintenance		408610		-		-		408,610		28,591
Electricity , Heating and Utilities		2,853		-		-		2,853		2,156
Rent		120		-		-		120		200
Subscriptions		31		-		-		31		1,840
Travel Expences		3,787		-		-		3,787		494
Legal and Professional Fees		22,484		-		-		22,484		810
Entertaining Expences		3,809		-		-		3,809		-
Freight		15,113		-		-		15,113		-
Sub total		457,203		-		-		457,203		35,428
A4 Asset and investment purchases, (see table)
		-		-		-		-
		-		-		-		-
Sub total		-		-		-		-
Total payments		457,203		-		-		457,203		35,428
Net of receipts/(payments	**) **	- 136,434		-		-		- 136,434		147,005
A5 Transfers between funds		-		-		-		-		3,409
A6 Cash funds last year end		150,414		-		-		150,414		-
Cash funds this year end		13,980		-		-		13,980		150,414

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 funds	Restricted funds		Endowment funds
				to nearest £	to nearest £		to nearest £
B1 Cash funds	Bank Account			13,980	-		-
				-	-		-
				-	-		-
	Total cash funds			13,980	-		-
	(agree balances with receipts and payments account(s))			OK			OK
				Unrestricted funds	Restricted funds		Endowment funds
	Details			to nearest £	to nearest £		to nearest £
B2 Other monetary assets				-	-		-
				-	-		-
				-	-		-
				-	-		-
				-	-		-
	Details			Fund to which asset belongs	Cost (optional)		Current value (optional)
B3 Investment assets					-		-
					-		-
					-		-
					-		-
					-		-
	Details			Fund to which asset belongs	Cost (optional)		Current value (optional)
B4 Assets retained for the charity’s own use					-		-
					-		-
					-		-
					-		-
					-		-
				Fund to which liability relates
	Details				Amount due (optional)		When due (optional)
B5 Liabilities					-
					-
					-
					-
					-
Signed by one or two trustees on behalf of all the trustees	Signature			Print Name			Date of approval
Secretary	КИванов			Kiril Ivanov			16/01/2026

Christian Associates Ltd - Chartered Certified Accountants lassen Kirov-FCCA Avondale House 262 Uxbridge Road Hatch End Independent Examiner's Reporè4A5 4HS 02081918726 [e-mail] 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 0110612024-3110512025. For the above accounting period the Charity has collected £320,769 in income fully from charitable donations and Gift Aid, and has spent £457,203 in expenses in connection with its charitable work5, mainly for the renovation of the church facilities, as well for day to day running of the charity, so that it can better serve the congregation as well as the wider community. None of the trustees has received any remuneration or fees. The shorrfall has been fully covered by the previous year's bank balances. l 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: 1010212026 Independent Examiner: lassen Kirov - FCCA Chartered Certified Accountant