## **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>**2024**|||**Day**<br>**31**|**Month**<br>**May**|**Year**<br>**2025**|



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 Church of St John of Rila<br>26 JayMews<br>London<br>**Postcode**<br>**SW7 2EP**|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 Church of St John of Rila<br>26 JayMews<br>London<br>**Postcode**<br>**SW7 2EP**|||||
||||1199201||||
|||**address**|||||
||||||<br>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**<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 

- (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**<br>**ST. JOHN OF RILA IN LONDON**|||||**1199201**||||
|||**Receipts and payments accounts**|||||||||
|||**For the period**<br>**from**||Period start date||**To**|Period end date||||
|||||01/06/2024|||31/05/2025||||
|**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||**280352**||**-**||**-**||**280,352**||**182,433**|
|GiftAid||**40,417**||**-**||**-**||**40,417**||**-**|
|Income and Endowments||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_||**320,769**||**-**||**-**||**320,769**||**182,433**|
||||||||||||
|**A2 Asset and investment**<br>**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**<br>**purchases, (see table)**|||||||||||
|||**-**||**-**||**-**||**-**|||
|||**-**||**-**||**-**||**-**|||
|**_Sub total_**||**-**||**-**||**-**||**-**|||
||||||||||||
|**_Total payments_**||**457,203**||**-**||**-**||**457,203**||**35,428**|
||||||||||||
|**_Net of receipts/(payments_**|**_)_ **|**-**<br>**136,434**||**-**||**-**||**-**<br>**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**<br>**funds**|**Restricted**<br>**funds**||**Endowment**<br>**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<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**|||16/01/2026|
|||||||||





Christian Associates Ltd -
Chartered Certified Accountants
lassen Kirov-FCCA
Avondale House
262 Uxbridge Road Hatch End
Independent Examiner's Reporè4A5 4HS
02081918726
iassen@christianassociates.co.uk
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