Trustees Annual Report 1st April 2025 – 31[st] March 2026
ALKIONIDES (UK) Reg. Charity 1205188
Aims and objectives
The Alkionides UK Charity exists to provide emergency assistance to individuals in the UK Cypriot & Greek communities on a case-by-case basis at the discretion of the committee. It mainly provides relief of financial hardship of needy patients and their families from Cyprus undergoing medical treatment in UK hospitals, by providing free accommodation and/or by making grants of money for providing or paying for services or facilities not otherwise provided for.
Additionally, the charity instigates projects and programmes to help groups or individuals in the British Cypriot community such as families that have children with special educational needs and disabilities or students from low-income families, as discussed and approved by the committee.
Generally, for such other charitable purposes which are for public benefit as the Trustees shall from time to time in their absolute discretion think fit. The charity works with key partners in the UK and Cyprus to identify and ensure that patients coming to the UK are in need of financial assistance. All of the Directors/Trustees and members give their services and time voluntarily and receive no remuneration or financial benefit. The charity applies strict policies regarding the collection of funds to ensure full transparency and accountability.
Alkionides UK confirms that the trustees have paid due regard to the guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake in order to ensure that the public benefit requirements are met.
The activities undertaken in order to ensure that these public benefit requirements and the objects of the charity are met, include covering the temporary accommodation costs in central London to house several families at a time. These funds are raised through various social and cultural events, membership and generous donations from sponsors. Our ‘Nest’, is where patients are housed and brings enormous relief to those we help. Our volunteers also provide assistance with translation, telephone support, transportation to and from hospitals/airports and visit the patients and their accompanying family members and carers as much as possible.
The charity is proud to have a Birmingham and Midlands branch which also raises funds and whose members and volunteers provides much needed support to families in need. Especially by providing outings and financial assistance to families of children with special educational needs and disabilities who reside in the Birmingham and Midlands area. These families and their children currently greatly enjoy such outings and are happy to meet and support the other families facing similar challenges.
The charity aims to sponsor poor, deserving students at UK institutions to help with the enormous university costs. We feel that education is an essential commodity and will help these youngsters find and secure better careers and allow them to help their families and perhaps others too.
Trustees Annual Report 2025-2026
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Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
Summary of achievements:
In the past financial year we have had forty families stay at our ‘Nest’ as well as helping several other families who stayed in or closer to hospitals in south London. Some of the families had to stay for more than four months or had to come more than once during the year. The charity has significantly increased the help provided in covering transport costs to and from hospitals as well as from and to airports. We were able to offer bursaries to four students, from low-income families, studying in the UK, greatly easing their financial burden and we are pleased to see them all graduate with good grades. In the Midlands and thanks to a generous specific grant, the charity arranged two major outings for families that have children with special educational needs and disabilities giving them the opportunity to meet and share concerns with other families in similar situations as well as have truly memorable experiences they could never otherwise afford.
Further details of the charity’s achievements during the year are in the President’s annual report below.
Committee 2025 -2026
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Marie Parisinou-Nicholsby, President, Director & Trustee
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Tatiana der Avedissian, Co-President, Director & Trustee
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Angelos Athanassiades, Director & Trustee
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Dr Alan Nicholsby, Website manager, Director & Trustee
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Linda Kyriacou, Membership secretary
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Eugenie Papadopoulos, Vice President
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Nicholas Nicolaides, Corporate governance, Director & Trustee
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David Nicholsby, Financial adviser, Director & Trustee
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Monica Kourtoumbelidou, Social media manager
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Dr Rebecca Hatjiosif, Committee member, Director & Trustee
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Helen Vasiliou, Committee member, Director & Trustee
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Liliana Malla, Committee member, Director & Trustee
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Maro Athanasiou, Committee member
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Maro Chrysostomou, Committee member
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Stella Dinenis, Committee member
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Sue Kittalides, Committee member
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Miria Pittalis, Secretary
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Marina Antoniou, Committee Member
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Lena Pilavakis, Committee Member
Structure and Governance
The charity is a charitable company limited by guarantee governed by its Memorandum and Articles of Associated dated 21 September 2023. The committee meet roughly every two months and hold their annual general meeting in the summer. The Trustees and Committee are all volunteers and the charity has no paid employees.
Trustees are appointed having due regard to their competence and commitment to the charity and are briefed about their duties by the committee.
The charity’s registered address is: 52 Cumbrian Gardens, NW2 1EF, London
Trustees Annual Report 2025-2026
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Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
President’s Annual Report
This year I celebrated my milestone birthday with my family, and the Alkionides UK teams, my extended family. I look back to 30 years of Alkionides and a path that brings back so many memories of great friendships, close community, challenges to bring change to help our patients, as well as great sadness when things don’t go to plan. I know that we must focus on what is worthwhile and to do our utmost to achieve our goals towards working for the public benefit, the relief of poverty and financial hardship and to bring some halcyon days (Αλκυονίδες μέρες) to people going through difficult times. The work of the charity is in capable hands, with a stronger team this year, all members contributing with their own strengths and a big heart.
Alkionides UK ‘Nest’news:
Our ‘Nest Team’ of 14 dedicated volunteers make sure that the patients are cared for from the minute they arrive. They welcome them and provide everything they need at the house. If required, they accompany and visit them at hospitals as well as provide help with translation. We have a registered, Greek speaking taxi driver who meets them at the airports. For low-income families we also cover transport to hospital appointments. We provide cleaning services, free internet, Cypriot TV, as well as shopping for household essentials.
The Directors and Trustees take full responsibility when we need to look at compliance and legal matters, council regulations, complaints and safety issues.
Last year our ‘Nest’ accommodated 43 families, including seven long-term:
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A 60-year-old who underwent two liver transplant operations in a few days and had a six-month recovery period in intensive care. We are delighted that he has now been able to return to his home in Cyprus to meet his new grandson, although he experienced complications and was admitted in the Nicosia General hospital. We keep in touch with his family.
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A 25-year-old patient who had a transplant as a baby, came twice with his mum and stayed for six months while receiving complicated treatment at Kings College hospital, where coordinator Mrs Aphroditi Pavlou sees to all the patients’ needs.
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Our volunteers visited Cypriot patients at the Cleveland clinic. One was a young adult, a victim of a motorbike accident who became paraplegic. He will need long rehabilitation. A doctor, whose wife was hit by a car, vowed to work towards building a rehabilitation centre on his return to Cyprus. Another lady, stayed in intensive care for six months until they could operate. Father Pavlos from the Archbishopric visited regularly, offering prayers and comfort. Another devoted wife visited her husband daily for seven months, while she despaired at the inability to discover the virus that had infected him.
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A 35-year-old, father of two young children, was sent with his brother to Stanmore Orthopaedic hospital for a complex back operation. He had been hit by a car while delivering food on his motor bike. We provided financial and moral support during these long months.
When the day comes for patients to go back home, it is a very emotional experience for patients and their families, but also for our volunteers who devote so much time looking after them throughout their ordeal. We are very grateful to all the doctors and hospital staff. We are proud of top liver transplant surgeon, Dr Stephanos Pericleous from Cyprus, at the Royal Free Hospital, whom we honoured recently.
Trustees Annual Report 2025-2026 Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
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Alkionides Birmingham & Midlands:
Trustees and Directors, Liliana Malla and Helen Vasiliou, continue to organise outings funded by the Keith Coombs Trust, since 2019. Children with special educational needs and disabilities (SEND) join our volunteers with their families and carers and have great fun together. They share their stories over lunch (often sponsored by Mr K. Akathiotis) and many have become friends over the years. Last summer they had the opportunity to visit Drayton Manor Resort, followed by a festive Christmas trip to Winter Wonderland.
Thanks to our sponsors, we are able to also support these families financially at Christmas and Easter, as well as some individuals in the community who are struggling to make ends meet. Recently we helped a divorced Cypriot mother of two young children by refurbishing a council flat that was in a terrible condition.
Sponsors and philanthropists, Mr and Mrs J. Koumi, organise a wonderful evening at the Estia in Birmingham every year. An event organised for the community by energetic and passionate volunteers, the ‘Rebetiki Vradia’ in November, inspires everyone to dance and sing while enjoying delicious home food and contributing generously towards charitable causes.
London events:
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We are very proud of Anna Nicholsby Baker, who braved the cold September Serpentine lake in London to swim two miles for Alkionides UK.
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His excellency, our Patron, the High Commissioner Dr Kyriacos Kouros and his wife Mrs Vasiliki Kinani Kourou, joined us for a crisp 10K sponsored walk in Hyde Park ‘from Palace to Palace’, on the 26 October. We walked from Kensington palace to Buckingham Palace and were treated to a champagne luncheon by our sponsors, Mr and Mrs N. Hambi of the Windermere Hotel, Victoria. The event brought together committee members, patients, volunteers and students and helped us raise a respectable sum. Ambassador, Katerina Mina soprano, walked with us and presented some of the certificates with Mrs Kourou.
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Christmas carols at the ‘Nest’ in December was a very festive affair with guests of honour Mr and Mrs A. Kakouris, former Cyprus High Commissioner in the U.K who had inaugurated our new home the year before. Patients and committee members had baked traditional cookies which sold quickly. Along with our honourable guests, singers included Ambassador Katerina Mina, Eugenie Papadopoulos, Sue Kittalides, the Pittalis sisters, Mrs Maria Papalouca and Marilena Ioannidou. A gifted and inspiring band! Our young patient Andreas, a professional singer and guitar player who is losing his sight, entertained us with Greek songs. Johny Pittalis designed a beautiful kingfisher poster for our ‘Nest’ and the design will be used for Christmas cards next year.
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Our Patrons, The High Commissioner Dr Kyriacos Kourou and his wife Mrs Vasiliki Kinani Kourou, hosted a beautiful ‘Summer Evening’ in their garden, on June 18, to help us fundraise towards our Scholarship Fund.
Student Grants: A committee was set up with Marina Antoniou, Tatiana der Avedissian, Miria Pittalis and Angelos Athanassiades to interview applicants studying in the UK for undergraduate and Masters degrees, who come from low-income families. With the generosity of our sponsors, we were able to sponsor seven students this year, including one of our patients who made us very proud by achieving a 2.1 in Computing at Westminster University and is now pursuing his Master’s degree in AI at the prestigious University of
Trustees Annual Report 2025-2026
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Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
Warwick. He is always present at our events ready to help and has created our new website in his little spare time: www.alkionides.org
In 2025-26, students included: one who is completing her studies in Ballet & Dance, two law students and our AI brilliant student. The committee has approved three more students for 2026/27 studying Maths, Chemical engineering and Law. The Xenophon Protopapas Foundation will fund one of our students throughout her/his studies. We are very grateful.
Community support:
With the invaluable help of His Eminence, Archbishop Nikitas, we were able to send Christmas and Easter vouchers to low-income families. Several of our members are involved with the Cypriot community and the directors are looking into how best we can support different projects that will benefit groups of people in organised activities. Committee members, Dr Rebecca Hadjiosif, Maro Athanasiou and Dr Serafim Kiriakides, recently observed a music session entertaining people with dementia (Dementia Club UK) in Barnet and the committee decided to cover the cost to fund some of these sessions for a month. We also cover speech therapy for a young autistic child.
- If you know of families with SEND children or students who are struggling, please contact us on www. alkionides.org
Everyone on the team is very much appreciated and everyone contributes in their own way:
Trustees & Directors: Marie Nicholsby, (president), Tatiana der Avedissian (co-president), Dr Rebecca Hatjiosif, Liliana Malla and Helen Vasiliou (Birmingham & Midlands), Nicholas Nicolaides (compliance), Angelos Athanassiades (Grants), Dr Alan Nicholsby (Consultant) and David Nicholsby (Financial Adviser).
Committee : Eugenie Papadopoulos (co-president), Sue Kittalides, Maro Athanasiou, Lena Pilavaki, Dr Serafim Kiriakides, Linda Kyriacou (data and membership), Monica Kourtoumbelidou (media), Marina Antoniou (Grants), Miria Pittalis (Secretary), Marilena Ioannidou, Stella Dinenis, Maro Chrysostomou, Maria Papalouca.
Nest Team: Maro Athanasiou, Sue Kittalides, Dr Rebecca Hatjiosif, Dr Serafim Kyriakides, Linda & Thotos Kyriacou, Sylvia Hambi, Mary Quin Pittalis, Chris & Lena Pilavaki, Maria Papalouca, Alan & Marie Nicholsby, Marilena Ioannidou and Maria Zenonos.
We are indebted to our Sponsors: CAPITAL GROUP, THE A. G. LEVENTIS FOUNDATION, THE REO STAKIS CHARITABLE FOUNDATION, ALKIONIDES CYPRUS and ALKIONIDES BIRMINGHAM & MIDLANDS, Mr & Mrs J. KOUMI, J. K. PITTALIS, H.E. ARCHBISHOP NIKITAS & THE NPT TRUST, THE XENOPHON PROTOPAPAS FOUNDATION, THE CHRISTOS LAZARI FOUNDATION, P. POLYVIOU and other members and friends who help in many different ways.
‘Nest’ room Sponsors who contribute £100 a month or more: 2025-26:
Mr & Mrs P. Haberis, Mr J. Pittalis, Marios Papadopoulos (triathlete), David Nicholsby (triathlete), In memory of beloved Trustee Mr Akis Ioannides, Famagusta Hotel.
THANK YOU FOR SUPPORTING ALKIONIDES UK. CONSIDER BECOMING SUSTAINING MEMBERS. SPONSOR ONE OF OUR ROOMS AT THE ‘NEST’.
Trustees Annual Report 2025-2026 Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
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Financial Review
All funds are deposited in current or deposit bank accounts from which disbursements are made. As at the year end the charity held £1,399,691 in net assets of which 906,033 was the value of the ‘Nest’ and the remainder held as cash deposits in UK banks. The majority of funds is raised from donations, memberships and charity events. These funds are sufficient to cover the charity’s long-term needs.
The Charity prides itself in keeping all administration costs to an absolute minimum, less than 5%, to ensure that all money raised is able to be used to help those in need. We do not employ staff, rent office space nor incur costly administrative overheads. Please refer to our accounts for further details.
Consumables such as cleaning materials for the ‘Nest’, administrative charges for website hosting, printing, as well as event-related costs and software licenses amounting to several hundred pounds are generously provided by the trustees and other members and do not appear in the Charity’s accounts.
The Trustees are very much aware that the charity is continuing to accumulate a large financial surplus. It was intended that a second property would be purchased to temporarily house more patients, ideally in the Birmingham area. However, in the near future, the Government of the Republic of Cyprus is looking to continue to send patients only to London hospitals so the Trustees are looking at other projects and ways to utilize the funds and have applied to the Charity Commission to expand the objects of the charity and we await their favourable response.
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Mrs Marie Nicholsby Dr John Alan Nicholsby Position (eg Secretary, Chair, etc) President Director/Trustee th Date 5 July 2026
Trustees Annual Report 2025-2026
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Alkionides UK is a Trading Style of Alkionides (UK), a company limited by guarantee No: 14305854. Registered Office: 52 Cumbrian Gardens, London NW2 1EF.
Company registration number: 14306854 Charity registration number: 1205188
ALKIONIDES (UK) TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
Alkionides (UK) Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2—5 |
| Statement of Financial Activities (including Income and Expenditure Account) | 6 |
| Comparative Statement of Financial Activities (including Income and Expenditure Account) | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9—14 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 15—16 |
Alkionides (UK) Reference and Administrative Details For The Year Ended 31 March 2026
| Trustees | David Alexander Nicholsby |
|---|---|
| Rebecca Hatjiosif | |
| Liliana Malla | |
| Helen Vasiliou | |
| Tatiana der Avedissian - Chair | |
| Nicholas Nicolaides | |
| John Alan Nicholsby | |
| Marie Nicholsby | |
| Angelos Athanassiades | |
| Charity Number | 1205188 |
| Company Number | 14306854 |
| Principal Address | 52 Cumbrian Gardens |
| LONDON | |
| NW2 1EF | |
| Accountants | Bowdon Accounting Services Ltd. |
| Bartle House | |
| Oxford Court | |
| Manchester | |
| M2 3WQ |
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Alkionides (UK) Company No. 14306854 Trustees' Report For The Year Ended 31 March 2026
The trustees present their report and the financial statements for the year ended 31 March 2026.
Objectives and Activities
Aims and Objectives
The Alkionides (UK) Charity, also referred to as Alkionides UK, exists to provide emergency assistance to individuals in the UK Cypriot & Greek communities on a case-by-case basis at the discretion of the committee. It mainly provides relief of financial hardship of needy patients and their families from Cyprus undergoing medical treatment in UK hospitals, by providing free accommodation and/or by making grants of money for providing or paying for services or facilities not otherwise provided for.
Additionally, the charity instigates projects and programmes to help groups or individuals in the British Cypriot community such as families with children with special educational needs and disabilities or students from low-income families, as
discussed and approved by the committee.
Generally, for such other charitable purposes which are for public benefit as the Trustees shall from time to time in their absolute discretion think fit. The charity works with key partners in the UK and Cyprus to identify and ensure that patients coming to the UK are in need of financial assistance. All of the Directors/Trustees and members give their services and time voluntarily and receive no remuneration or financial benefit. The charity applies strict policies regarding the collection of funds to ensure full transparency and accountability.
Alkionides UK confirms that the trustees have paid due regard to the guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake in order to ensure that the public benefit requirements are met.
The activities undertaken in order to ensure that these public benefit requirements and the objects of the charity are met, include covering the temporary accommodation costs in central London to house several families at a time. These funds will be raised through various cultural events, membership and generous donations from sponsors. Our ‘Nest’, is where patients are housed and brings enormous relief to those we help. Our volunteers will also provide assistance with translations, telephone support, transportation to and from hospitals/airports and visit the patients and their accompanying family members and carers as much as possible.
The charity is proud to have a Birmingham and Midlands branch which will also raise funds and whose members and volunteers provides much needed support to families in need. Especially by providing outings and financial assistance to families of children with special educational needs and disabilities in the Birmingham and Midlands area. These families and the children currently greatly enjoy such outings and are happy to meet and support the other families facing similar challenges.
The charity aims to sponsor poor, deserving Cypriot students at UK institutions to help with the enormous university costs. We feel that education is an essential commodity and will help these youngsters find and secure better careers and allow them to help their families and perhaps others too.
Achievements and Performance
Main Achievements
In March 2026 Alkionides UK celebrated three years in the ‘Nest’ a six-bedroom residential property in North London that is used to temporarily house the patients and their carers. During the year over fifty different families have benefited from staying at the nest and several more from further assistance with hotel accommodation.
Further details of the charity’s achievements during the year are in the President’s annual report below.
Committee 2025 -2026
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Marie Parisinou-Nicholsby, President, Director & Trustee Tatiana der Avedissian, Co-President, Director & Trustee Angelos Athanassiades, Director & Trustee Dr Alan Nicholsby, Website manager, Director & Trustee Linda Kyriacou, Membership secretary Eugenie Papadopoulos, Vice President Nicholas Nicolaides, Corporate governance, Director & Trustee David Nicholsby, Financial advisor, Director & Trustee Monica Kourtoumbelidou, Social media manager Dr Rebecca Hatjiosif, Committee member, Director & Trustee Helen Vasiliou, Committee member, Director & Trustee Liliana Malla, Committee member, Director & Trustee Maro Athanasiou, Committee member Page 2 Maro Chrysostomou, Committee member
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Stella Dinenis, Committee member Sue Kittalides, Committee member Miria Pittalis, Secretary Ioannis Konstantinou, Committee member Marina Antoniou, Committee Member
Alkionides (UK) Trustees' Report (continued) For The Year Ended 31 March 2026
President’s Annual Report
Our Constitution stipulates that we, the volunteers, promise to help patients and their families, as well as children with special educational needs and individuals in the community going through times of crisis.
This past year, which started with the acquisition of a six-bedroom property, highlighted the enormous responsibilities involved in this initiative. Since last February, we have provided free accommodation and moral support to so many people. During this time, we watched families experiencing trauma through sudden accidents and rare conditions affecting young adults, children, husbands and wives. We have also observed relationships grow between our volunteers and these families, between individuals travelling together to and from hospitals and all meeting round the kitchen table, for breakfast or a night cup. They share their thoughts and their problems.
The newly founded Cleveland Clinic has become the choice hospital of the Cyprus Ministry of Health, for rehabilitation. Several doctors and an ICU nurse come from Cyprus. Three of our patients came by air-ambulance, straight to intensive care and stayed for several months. The Government of Cyprus covers the enormous medical costs and we try to take care of the families. We provided transport for families who left early in the morning and came late at night, exhausted. We also arranged delivery of necessary shopping, uber for low-income families and Oyster cards for public transport to hospitals. We employ cleaners and buy kitchen appliances and anything else they need.
During the Easter holidays, we invited two third-year student nurses in collaboration with the European University of Cyprus, our idea embraced enthusiastically by Former Minister of Health, Mrs P. Kanari, Professor P. Papageorgis and Dr M. Prodromou. Maria and Katerina stayed at the ‘Nest’ for two weeks over Easter, sharing the lives and emotions of families who are traumatised by the suffering of their loved ones. Director Angelos Athanassiades and committee member Sue Kittalides, greeted them on arrival, offering essential shopping and pocket money for their stay. Our dynamic vicepresident, Eugenie Papadopoulos, took our visitors on a guided tour of London the next day. Mrs Agni Iacovides sponsored their airline tickets in Cyprus.
They had a unique opportunity to tour some of the best hospitals in the world. I had the pleasure of organising and accompanying the students to the Royal Free Hospital tour. Our very own Cypriot, expert liver transplant surgeon, Stephanos Pericleous inspired the girls and explained the careful procedure of getting consent from patients for the complex organ operation and the difficult road ahead. They met Xenia Mylona, the Greek coordinator. Dr George Papadakis, transplant surgeon at Guys Hospital and the world-renowned Great Ormond Street Hospital (GOSH), operated a young sixyear-old and her mother, who also donated an organ. We became very close to this family at the ‘Nest’. Our ‘Nest’ volunteers, Maro Athanasiou, Sue Kittalides, Lena Pilavaki, Dr Serafim Kiriakides and Dr R. Hatjiosif, visit often. I feel honoured to be surrounded by such great friends. Dr Papadakis kindly organised a tour of GOSH for our students. We took advantage of the location and visited the British Museum too.
At the Cleveland, young Filippos Tomazou, an ICU specialist nurse from Larnaca, gave four hours of his time to explain everything to our girls and offered help at the ‘Nest’, when needed. The responsibility of caring for vulnerable people ultimately falls on the shoulders of our volunteers. We ask that the Cypriot Government appreciates our work which provides support for these families and, more importantly, provides without further delay, a social worker/ nurse, on a permanent basis, to advise the ministry on the daily needs of the patients. His Excellency, our High Commissioner, Patron of our charity with his wife Mrs Vasiliki Kinani Kourou, have embraced our cause. In June, I had a meeting with the Minister of Health Mr M. Damianos and officials responsible for sponsored patients, to discuss ideas, one being the possibility of sending patients to Birmingham again and simplifying the payment of benefits.
This year, several babies and children were sent to Kings College Hospital, where coordinator Aphrodite Pavlou offers her full support. As the hospital is far away from the Alkionides UK ‘Nest’, we provide financial support and cover airport transport for some of these families.
In Birmingham, Directors and Trustees Helen and Lilliana, with the help of Mr & Mrs J. Koumi, Mr K. Akathiotis and the whole community, organise exciting outings and give financial support to 15 families with children with special educational needs. The cost is covered by the Keith Coombs’ Trust grant, secured with the help of Mr D. Markou.
This year we supported Ioannis to achieve his degree at Westminster University as well as Antonis who is completing his Master’s degree at Sunderland University. Team member Marina Antoniou, is leading a new Student Grants Committee, with Tatiana, Angelos and Miria. Candidates can apply for funding via our website (http://www.alkionides.org).
We are forever grateful to our Sponsors: CAPITAL GROUP, THE A. G. LEVENTIS FOUNDATION, THE REO STAKIS CHARITABLE FOUNDATION, ALKIONIDES CYPRUS and ALKIONIDES BIRMINGHAM & MIDLANDS, Mr & Mrs J. KOUMI, J. K. PITTALIS, H.E. ARCHBISHOP NIKITAS & THE NPT TRUST, THE XENOPHON PROTOPAPAS FOUNDATION, THE CHRISTOS LAZARI FOUNDATION, POLIS POLYVIOU and others, including members and friends who help in many different ways.
...CONTINUED
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Alkionides (UK) Trustees' Report (continued) For The Year Ended 31 March 2026
President’s Annual Report - continued
At our Spring Tea-party in April, at the hospitable residence of Dr R. Hatjiosif, Mrs Vasiliki Kinani Kourou, presented our student visitors with ‘THE ALKIONIDES AWARD CERTIFICATE’. We were honoured by the presence of The Worshipful the Mayor of the London Borough of Barnet, Mr Tony Vouros and Madam Mayoraise, Deputy H.C. Mr S. Miltiadous, Head of Education Mrs M. Loi and Cultural Councillor Mr M. Theocharous. Mrs Kourou had also opened her residence at Christmas to help us fundraise. Our delicious kourabiedes and melomakarona, baked under the guidance of Maro at the Athanasiou residence, sold out! The Birmingham Rebetiki Vradia last November, inspired by Mrs Doula Koumi and team, was unforgettable! The generosity of the Cypriot community is legendary.
WE WELCOME NEW VOLUNTEERS!! BECOME SUSTAINING OR ORDINARY MEMBERS. SPONSOR THE SIX NEST DOORS AND OUR ATHLETES! ORGANISE AN EVENT! GET IN TOUCH!
THANK YOU FOR SUPPORTING ALKIONIDES UK. TOGETHER WE CAN ACHIEVE SO MUCH.
Financial Review
Financial Position
At 31 March 2026, Alkionides (UK) remained in a strong financial position, with total funds of £1,400,166. This represents an increase of £182,623 from the prior year, driven primarily by significant unrestricted donations and modest operating expenditure.
The charity holds substantial fixed assets of £906,033, mainly freehold property, and cash balances of £495,333, providing strong liquidity. Current liabilities are minimal at £1,200, resulting in net current assets of £494,133.
Overall, the year-end position demonstrates a healthy level of reserves, low liabilities, and continued financial stability, enabling the charity to meet its ongoing commitments and future charitable objectives.
Reserves Policy
The trustees recognise the importance of maintaining adequate reserves to ensure the continued operation of the charity and to enable it to meet its charitable objectives and ongoing commitments.
The charity’s policy is to retain sufficient unrestricted reserves to cover future operational costs and unexpected expenditure, whilst ensuring that the majority of funds received are applied directly towards charitable activities. The trustees review the level of reserves regularly, taking into consideration the charity’s funding requirements, future plans and financial risks.
At the year end, the trustees considered the level of reserves held to be appropriate in relation to the charity’s current activities and anticipated future needs.
Structure, Governance and Management
Governing Document
The charity is a charitable company limited by guarantee governed by its Memorandum and Articles of Association dated 19 August 2022. The committee meet roughly every two months and hold their annual general meeting in the summer.
Trustees are appointed having due regard to their competence and commitment to the charity and are briefed about their duties by the committee.
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Alkionides (UK) Trustees' Report (continued) For The Year Ended 31 March 2026
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Alkionides (UK) for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgments and accounting estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Marie Nicholsby
John Alan Nicholsby Trustee Trustee 25/06/2026
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Alkionides (UK) Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investments 5 EXPENDITURE ON: Charitable activities Separate material item of expenditure Other NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13 6&7 |
Unrestricted funds £ 231,741 6,500 16,053 5,223 |
Restricted funds £ 7,000 - - - |
2026 Total funds £ 238,741 6,500 16,053 5,223 |
2025 Total funds £ 322,637 9,655 10,700 2,972 |
|---|---|---|---|---|
| 259,517 | 7,000 | 266,517 | 345,964 | |
| (34,035) (16,962) (26,372) |
- (1,000) (5,524) |
(34,035) (17,962) (31,896) |
(33,294) (10,029) (11,372) |
|
| (77,369) | (6,524) | (83,893) | (54,695) | |
| 182,148 | 476 | 182,624 | 291,269 | |
| 182,148 1,217,543 |
476 - |
182,624 1,217,543 |
291,269 926,274 |
|
| 1,399,691 | 476 | 1,400,167 | 1,217,543 |
The notes on pages 9 to 14 form part of these financial statements.
Page 6
Alkionides (UK) Comparative Statement of Financial Activities (including Income and Expenditure Account)
For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Investments 5 EXPENDITURE ON: Charitable activities Separate material item of expenditure Other NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13 |
Unrestricted funds £ 322,137 9,655 10,700 2,972 |
Restricted funds £ 500 - - - |
2025 Total funds £ 322,637 9,655 10,700 2,972 |
|---|---|---|---|
| 345,464 | 500 | 345,964 | |
| (33,294) (9,529) (11,372) |
- (500) - |
(33,294) (10,029) (11,372) |
|
| (54,195) | (500) | (54,695) | |
| 291,269 | - | 291,269 | |
| 291,269 926,274 |
- - |
291,269 926,274 |
|
| 1,217,543 | - | 1,217,543 |
The notes on pages 9 to 14 form part of these financial statements.
Page 7
Alkionides (UK) Balance Sheet As At 31 March 2026
| Notes FIXED ASSETS Tangible Assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 12 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds TOTAL FUNDS 13 |
Unrestricted funds £ 906,033 |
Restricted funds £ - |
2026 Total funds £ 906,033 |
2025 Total funds £ 916,958 |
|---|---|---|---|---|
| 906,033 - 494,858 |
- - 476 |
906,033 - 495,334 |
916,958 2,972 298,613 |
|
| 494,858 (1,200) |
476 - |
495,334 (1,200) |
301,585 (1,000) |
|
| 493,658 | 476 | 494,134 | 300,585 | |
| 1,399,691 | 476 | 1,400,167 | 1,217,543 | |
| 1,399,691 | 476 | 1,400,167 | 1,217,543 | |
| 476 1,399,691 |
- 1,217,543 |
|||
| 1,400,167 | 1,217,543 |
For the year ending 31 March 2026 the charitable company was entitled to exemption from audit under section 479a of the Companies Act 2006 relating to subsidiary companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of trustees on 13 May 2026 and were signed on its behalf by:
John Alan Nicholsby Trustee
Marie Nicholsby Trustee
The notes on pages 9 to 14 form part of these financial statements.
Page 8
Alkionides (UK) Notes to the Financial Statements For The Year Ended 31 March 2026
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
1.2. Going Concern Disclosure
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern.
1.3. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
1.4. Incoming Resources
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.
Donations are recognised when receivable or when the charity has been notified in writing of both the amount and settlement date. Donations received for the general purposes of the charity are included as unrestricted funds unless specifically restricted by the donor.
Income from fundraising events is recognised gross when the event takes place and the charity is entitled to the proceeds. Any associated costs of fundraising events are recognised within expenditure when incurred.
Income from the sale of merchandise is recognised at the point of sale when the significant risks and rewards of ownership have transferred to the purchaser.
Membership income is recognised over the period to which the membership relates. Any membership subscriptions received in advance are deferred and recognised in the relevant accounting period.
Interest income is recognised using the effective interest method and is included when receivable by the charity.
All incoming resources are included in the Statement of Financial Activities (SOFA) gross when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
1.5. Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. This includes grants and donations made, accommodation costs, transportation assistance, volunteer support costs and other direct charitable activities undertaken in furtherance of the charity’s objectives.
Costs of raising funds comprise the costs associated with fundraising events, promotional activities, the sale of merchandise and membership recruitment activities.
Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements, including independent examination fees, legal fees and trustee meeting costs.
Support costs are allocated to the relevant activity cost categories on a basis consistent with the use of resources, principally on the basis of estimated usage and staff time where applicable.
...CONTINUED
Page 9
Alkionides (UK) Notes to the Financial Statements (continued) For The Year Ended 31 March 2026
1.5. Resources Expended - continued
All expenditure is recognised when there is a legal or constructive obligation committing the charity to the expenditure, it is probable settlement will be required and the amount of the obligation can be measured reliably.
1.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged at the rates stated below so as to write off the cost of the assets, less their estimated residual values, over their expected useful lives.
Freehold 2% Plant & Machinery 20%
1.7. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
2. Income from Donations and Legacies
| Donations and gifts: Memorial donations Capital Group The A. G. Leventis foundation Ayia Napa Hotels & Christos Lazari Foundation National Philanthropic Trust Chicken Joes Transfer from Alkionides UK Member subscriptions and sponsorships Gift aid Other donations Grants: Student fund Keith Coombs Trust (special needs) |
Unrestricted funds £ 4,059 159,687 12,762 2,576 - - - 35,403 6,544 10,710 - - |
Restricted funds £ - - - - - - - - - - 1,000 6,000 |
2026 Total funds £ 4,059 159,687 12,762 2,576 - - - 35,403 6,544 10,710 1,000 6,000 |
2025 Total funds £ 3,853 47,393 12,082 2,438 7,579 10,000 217,749 17,579 - 3,464 500 - |
|---|---|---|---|---|
| 231,741 | 7,000 | 238,741 | 322,637 |
3. Income from Charitable Activities
| Fundraising events: Afternoon teas Christmas bazaars Birthday fundraisers Sponsored personal challenges Sponsored walks |
2026 Unrestricted funds £ 2,087 - 1,120 728 2,565 |
2025 Total funds £ 1,036 4,000 325 4,294 - |
|---|---|---|
| 6,500 | 9,655 |
Page 10
Alkionides (UK) Notes to the Financial Statements (continued) For The Year Ended 31 March 2026
4. Income from Other Trading Activities
| Membership subscriptions Sale of Merchandise – Marie’s book Sale of Merchandise - Aprons Sale of Merchandise - cards, bags and books . Investment Income Interest income . Direct Costs Fundraising activities: Charitable event costs Merchandise cost Fundraising activities: Charitable event costs Merchandise cost |
Fundraising events £ 967 - |
2026 Unrestricted funds £ 15,143 30 20 860 |
2025 Total funds £ 9,800 320 140 440 |
|---|---|---|---|
| 16,053 | 10,700 | ||
| 2026 Unrestricted funds £ 5,223 |
2025 Total funds £ 2,972 |
||
| Charitable activities £ - 89 |
2026 Total £ 967 89 |
||
| 967 | 89 | 1,056 | |
| Fundraising events £ 224 - |
Charitable activities £ - 514 |
2025 Total £ 224 514 |
|
| 224 | 514 | 738 |
-
Investment Income
-
Direct Costs
Page 11
Alkionides (UK) Notes to the Financial Statements (continued) For The Year Ended 31 March 2026
7. Support Costs
| . Support Costs |
|
|---|---|
| Premises expenses: Council tax Light and heat Water Repairs and maintenance Cleaning Telephone, Internet and Cyprus TV Premises insurance General administration: Printing and stationery Accountancy fees Other expenses Bank charges Depreciation: Depreciation Premises expenses: Council tax Light and heat Water Repairs and maintenance Cleaning Telephone, Internet and Cyprus TV Premises insurance General administration: Printing and stationery Accountancy fees Other expenses Bank charges Depreciation: Depreciation |
2026 Charitable activities £ 3,393 3,472 1,218 1,003 6,245 812 1,339 61 3,099 580 276 11,481 |
| 32,979 | |
| 2025 Charitable activities £ 3,781 3,344 441 1,576 4,806 636 1,577 96 1,480 3,381 68 11,370 |
|
| 32,556 |
Page 12
Alkionides (UK) Notes to the Financial Statements (continued) For The Year Ended 31 March 2026
8. Independent Examiner's Remuneration
| . Independent Examiner's Remuneration |
||
|---|---|---|
| 2026 | 2025 | |
| £ | £ | |
| Independent examination of the financial statements | 1,200 | 1,000 |
The independent examiner’s fee is included within accountancy fees disclosed in Note 7.
9. Average Number of Employees
The charity had no employees during the year ended 31 March 2026. All activities of the charity were carried out by volunteers and trustees, none of whom received remuneration for their services.
Average number of employees 2026: NIL (2025: NIL)
10. Tangible Assets
| Cost As at 1 April 2025 Additions As at 31 March 2026 Depreciation As at 1 April 2025 Provided during the period As at 31 March 2026 Net Book Value As at 31 March 2026 As at 1 April 2025 11. Debtors Due within one year Other debtors 12. Creditors: Amounts Falling Due Within One Year Accruals and deferred income |
Land & Property Freehold £ 929,464 - |
Land & Property Freehold £ 929,464 - |
Plant & Machinery £ 734 556 |
Total £ 930,198 556 |
|---|---|---|---|---|
| 929,464 | 1,290 | 930,754 | ||
| 13,093 11,223 |
147 258 |
13,240 11,481 |
||
| 24,316 | 405 | 24,721 | ||
| 905,148 | 885 | 906,033 | ||
| 916,371 | 587 | 916,958 | ||
| 2026 £ - 2026 £ 1,200 |
2025 £ 2,972 |
|||
| 2025 £ 1,000 |
Page 13
Alkionides (UK) Notes to the Financial Statements (continued) For The Year Ended 31 March 2026
13. Movement in Funds
| Unrestricted funds General: General unrestricted fund Restricted funds Restricted funds Total funds Unrestricted funds General: General unrestricted fund Restricted funds Restricted funds Total funds |
As at 1 April 2025 £ 1,217,543 - |
Income £ 259,517 7,000 |
Expenditure £ (77,369) (6,524) |
As at 31 March 2026 £ 1,399,691 476 |
|---|---|---|---|---|
| 1,217,543 | 266,517 | (83,893) | 1,400,167 | |
| As at 1 April 2024 £ 926,274 - |
Income £ 345,464 500 |
Expenditure £ (54,195) (500) |
As at 31 March 2025 £ 1,217,543 - |
|
| 926,274 | 345,964 | (54,695) | 1,217,543 |
14. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
15. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
16. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 14
Alkionides (UK) Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026
| INCOME AND ENDOWMENTS FROM: Donations and legacies Memorial donations Capital Group The A. G. Leventis foundation Ayia Napa Hotels & Christos Lazari Foundation National Philanthropic Trust Chicken Joes Transfer from Alkionides UK Other major benefactors Gift aid Other donations Student fund Keith Coombs Trust (special needs) Charitable Activities: Fundraising events Afternoon teas Christmas bazaars Birthday fundraisers Sponsored personal challenges Sponsored walks Other trading activities Memberships Sale of Merchandise – Marie’s book Sale of Merchandise - Aprons Sale of Merchandise - cards, bags and books Investments Interest income EXPENDITURE ON: Charitable Activities: Fundraising events Charitable event costs Charitable activities Merchandise cost |
2026 Total funds £ 4,059 159,687 12,762 2,576 - - - 35,403 6,544 10,710 1,000 6,000 |
2025 Total funds £ 3,853 47,393 12,082 2,438 7,579 10,000 217,749 17,579 - 3,464 500 - 322,637 1,036 4,000 325 4,294 - 9,655 9,800 320 140 440 10,700 2,972 2,972 345,964 (224) (224) (514) ...CONTINUED |
|---|---|---|
| 238,741 2,087 - 1,120 728 2,565 |
||
| 6,500 15,143 30 20 860 |
||
| 16,053 5,223 |
||
| 5,223 | ||
| 266,517 (967) |
||
| (967) (89) |
Page 15
Alkionides (UK) Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 March 2026
| Council tax Light and heat Water Repairs and maintenance Cleaning Telephone, Internet and Cyprus TV Premises insurance Printing and stationery Accountancy fees Other expenses Bank charges Depreciation Separate material item of expenditure Accommodation expense Medical assistance and translation Student grant Other Special needs Transport and food NET INCOME |
(3,393) (3,472) (1,218) (1,003) (6,245) (812) (1,339) (61) (3,099) (580) (276) (11,481) |
(3,781) (3,344) (441) (1,576) (4,806) (636) (1,577) (96) (1,480) (3,381) (68) (11,370) |
|---|---|---|
| (33,068) (2,260) (140) (15,562) |
(33,070) (1,559) (70) (8,400) |
|
| (17,962) (6,224) (25,672) |
(10,029) (2,000) (9,372) |
|
| (31,896) | (11,372) | |
| (83,893) | (54,695) | |
| 182,624 | 291,269 |
Page 16
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesldirectorsl members of ALKIONIDES {UK} On accounts for the year ended 31 MARCH 2026 Chari no.: 1205188 Com an no.: 14306854 Set out on pages I report to Ihe Gharity trustees on my examination of the accounls of the Company for the year ended 3110312025. Responsibillties and basis of report As the charity's trustees of the Company {who are also the directors of the company for Ihe purposes of compartry law), you are responsible for the preparation of the accounts in accordan with Ihe requirements of the Companies Act 20061.the 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity s accounts as carried out under section 145 of the Charities Act 2011 ("Ihe 2011 Act-l. In carrying oul my examination, I have followed the Directions given by the Charity Commission (under section 145{5)Ib) of the 2011 Act. Independent examiner's statement The company's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of ACCA (Association of Chartered Certified Accountants). I have mmpleted my examination. I confimi that no material matters have come to my attention lolher than Ihal disclosed below ") which gives me cause to believe that.. accounting records were nol kept in accordance with section 386 of the Companies Act 2006., or the accounts do not accord with such records. or Ihe accounts do not comply with relevant accounling requirements under seclion 396 of Ihe Companies Act 2006 other than any requiremenl that the accounts give a 'true and faif, view which is not a matter considered as part of an independent examination., or .Ihe accounts have not been prepared in accordance wilh the Charities SORP IFRS1021. IER October 2018
I have no cOnrnS and have come across no other matters in connection with the examination to which allention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. ' Please dele the words in Ihe brackets if they do not apply. Signed: Dato: 2210612026 Name: Elena Pap Relevant professional qualification{s) or body lif any): ACCA (Association of Chartered Certified Accountants) K J Pittalis and Partners LLP Address: Global House Gktsl House. n N12 8NP Tel.. 020 8492 9440 303 Ballards Lane N12 8NP Section B Disclosure Only complete if the examiner needs lo highlight material matters of concern (see CC32, Independenl examination of charity accounts.. direclions and guidance for examiners}. Give here brief details of any items that the examiner wishes to disclose. IER October 2018