TH MARICAS FOUNDATION
Charity Registration No: 1200184
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
31ST MARCH 2025
MARICAS FOUNDATION
TRUSTEES ANNUAL REPORT
FOR THE PERIOD ENDED 31ST MARCH 2025
TRUSTEES
Dr Christodoulos Hadjikyriacou Ms Harriet Hannides Ms Sophia Hannides Ms Haralambia Hadjikyriacou
LEGAL AND ADMINISTRATIVE
The Trustees present their report along with the financial statements for the year ended 31st March 2025. The financial statememts have been prepared in accordance with the accounting policies and applicable law.
Constisution and objects of Maricas Foundation formed on 25th August 2022. Objects to enhance religious education and provide scholarships.
FINANCIAL REVIEW
Income for the year was £ 6672 source was rent from the charity's freehold property,
Expenditure was £ 2801.
RESERVES AND FUNDS
The present level of income is considered adequate to support the charity's activities. The trustees consider the financial position of the trust to be satisfactory.
The trustees also consider that, as minimum, £ 2000 should be held in unrestricted reserves to meet contingencies which may arise.
The report was approved by the trustees on 16th December 2025 and signed on their behalf
By
Christodoulos Hadjikyriacou
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MARICAS FOUNDATION
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2025
| INCOME LESS EXPENDITURE Donations Bank Charges Cost of Events EXCESS EXPENDITURE OVER INCOME |
2024 | - | 2025 | ||
|---|---|---|---|---|---|
| - | 6,672 | ||||
| 2,676 24 102 |
|||||
| £ | - |
2,802 | |||
| - | 3,870 |
MARICAS FOUNDATION
BALANCE SHEET AS AT 31ST MARCH 2025
| CURRENT ASSETS Cash At Bank NET ASSETS REPRESENTED BY: Accumulated Funds B/F Surplus for the Year Accumulated Funds C/F Agreed and Approved.............................................. Trustee Christodoulos Hadjikyriacou |
2024 2025 0 0 0 3,870 0 3,870 0 3,870 0 0 0 3,870 0 3,870 |
2024 2025 0 0 0 3,870 0 3,870 0 3,870 0 0 0 3,870 0 3,870 |
|
|---|---|---|---|
| 3,870 | |||
| 0 3,870 |
|||
| 3,870 | |||
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