## THE RUSSIAN ORTHODOX CHURCH ABROAD( LONDON ) ## ANNUAL REPORT AND ACCOUNTS ## FOR THE YEAR-END 31[ST] DECEMBER 2024 Treasurer Report Annual Accounts. Charity Registration Number ; 234203 REVIEW OF THE ACTIITIES The cost of living continues to increase and especially the Energy prices and these factors make an impact on our Parish, the lives of our parishioners and our community. Also it affects our costs. Luckily our congregation has increased due to the efforts of our Bishop and his Clergy this has meant increases in purchases of candles, plate collections regular donations and subscriptions and we thank the contributors. We now have a very successful Youth Group, who not only help in the Cathedral and go on Pilgrimages. During the year our accounting system moved from manual accounting to the internet and our Treasurer had a fire in her flat and all the records were burnt. ## INVESTMENT POLICY, The closing position of all our restricted and unrestricted funds for the year 2024 was £359,687.38 ## RISK REVIEW The Church Council has been monitoring the financial position regularly to ensure we can maintain sustainability by matching our income and expenditure. PROFESSIONAL ADVISORS Bankers HSBC Bank PLC 90 Baker Street London W1U 6AX Accountants and Independent examiners C Yew & Company 54 Glenburnie Road London SWI7 7NF The principal address of the Charity: The Cathedral of the Nativity of the Most Holy Mother of God and the Holy Tsar Martyrs and the New Martyrs of Russia 57 Harvard Road London W4 4ED Trust Chairman ## **Cathedral of the Nativity of the Mother of God and Holy Royal Martyrs (ROCOR) Balance Sheet** ## **As of December 31, 2024** ## **Total** |**Fixed Asset**
**Non-Current Assets**
**Fixed Asset**
**Total Non-Current Assets**
**Total Fixed Asset**
**Cash at bank and in hand**
**Building Account Restricted Funds - 50444146**
**Capital Account - 63006247**
**Operating Account - 40464899**
**Russian School Account - 40495042**
**Sisterhood of St Xenia Bank Account - 90540846**
**Treasurer Reserved Choir Account - 90617628**
**Tresurer Account Restricted Funds - 80450626**
**Total Cash at bank and in hand**
**Debtors**
**Debtors**
**Total Debtors**
**Current Assets**
**Uncategorised Asset**
**Total Current Assets**
**Net current assets**
**Creditors: amounts falling due within one year**
**Trade Creditors**
**Creditors**
**Total Trade Creditors**
**Current Liabilities**
**Employee NICs Liability - B/S**
**Employee Pension Liability - B/S**
**Employer NICs Liability - B/S**
**Employer Pension Liability - B/S**
**Net Wages Liability**
**PAYE Liability**
**Total Current Liabilities**
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Total net assets (liabilities)**
**Charity funds**
**Adjustment to previous year balance**
**Opening Balance Equity**
**Retained Earnings**|2,714,077.58| |---|---| ||**£2,714,077.58**| ||**£2,714,077.58**
5,018.16
197,869.61
61,499.09
1,932.29
78,938.84
6,572.14
7,857.25| ||**£359,687.38**
0.00| ||**£0.00**
0.00| ||**£0.00**| ||**£359,687.38**
0.00| ||**£0.00**
0.00
0.00
0.00
0.00
0.00
-9,939.41| ||**-£9,939.41**| ||**-£9,939.41**| ||**£369,626.79**| ||**£3,083,704.37**| ||**£3,083,704.37**
2,714,077.58
228,848.73
33,768.89| **Surplus/(Deficit) Total Charity funds** 107,009.17 **£3,083,704.37** Thursday, Oct 02, 2025 04:10:36 pm GMT+1 - Accrual Basis **Total** ## **Cathedral of the Nativity of the Mother of God and Holy Royal Martyrs (ROCOR) Profit and Loss** ## **January - December 2024** |**Income**
**Church Choir Income**
**Choir Plate**
**Choir Support**
**Total Church Choir Income**
**Church School Income**
**School Donations**
**Total Church School Income**
**Irregular Income**
**Collection Boxes**
**Digital Collection Terminal**
**Diocese contribution to Parish**
**Miscellaneous Donations**
**Parking**
**Sisterhood contribution to Parish**
**Total Irregular Income**
**Regular Income**
**Candles**
**Church Plate Collections**
**Commemoration Lists and Prayer Requests**
**Gift Aid**
**Parish Dues**
**Prosphora Sales**
**Regular Donations**
**Total Regular Income**
**Sisterhood Income**
**"Amber" Bakery**
**Christmas Yarmarka**
**Concert (Donat coll on beh of Church)**
**Donations for flowers (box)**
**Easter cakes (Kulichi)**
**Easter Trapeza**
**Jerusalem/Ukraine Fund**
**Kiosk (revenue)**
**Nisbets refunds**
**Pancakes (Maslenitsa)**
**Sisterhood Donations**
**Sisterhood Plate collection**
**Summer Fair**
**Sunday Lunch**
**Youth Group contribution for Sisterhood**|**Total**| |---|---| ||9,773.78
6,500.00| ||**£16,273.78**
1,331.75| ||**£1,331.75**
15,235.55
18,711.03
41,750.00
68,530.72
4,663.90
7,800.00| ||**£156,691.20**
93,380.45
41,790.47
3,048.20
2,714.62
3,550.00
6,040.67
28,898.40| ||**£179,422.81**
2,458.00
2,975.00
471.00
1,541.68
6,220.00
700.00
3,728.40
54,247.69
205.56
1,227.15
499.00
3,332.60
994.10
7,867.40
707.09| |**Total Sisterhood Income**
**Total Income**
**Total**
**Expenditures**
**Administrative Expenses**
**Audit Fees**
**Bank fees and charges**
**Financial Software Costs (QB, Sage)**
**Fundraising costs**
**Legal Fees**
**Parish Web Site Operations**
**Petty Cash to Starosta**
**Postage, Stationary, Printing and Correspondence**
**Supplies and Equipment**
**Travel**
**Vehicle Provision for Clergy**
**Total Administrative Expenses**
**Buildings and Grounds**
**Church or house improvements (new work)**
**Church or house upkeep and repairs**
**Council tax (Church property)**
**Fire and Alarm Systems**
**General Systems and Upkeep**
**Safety Alarm (ADT)**
**Total Fire and Alarm Systems**
**Heating and Boiler**
**Insurance**
**Security personnel services**
**Total Buildings and Grounds**
**Charity**
**Charitable gifts to individuals**
**Gifts to Clergy**
**Total Charity**
**Choir Contribution**
**Choir Contribution**
**Total Choir Contribution**
**Church Choir Expenses**
**Choir Bank Charge**
**Choir Sub-Contractor**
**Total Church Choir Expenses**
**Church School Expenses**
**bank charges School**
**School Expenses**
**Total Church School Expenses**
**Clerical and Liturgical**
**Candle Purchases**
**Disposable Liturgical Purchases**
**Feast days and trapeza expenses**|**£87,174.67**| |---|---| ||**£440,894.21**| ||**£440,894.21**
276.14
600.00
2,567.01
304.47
323.80
19,144.00
31.42
550.00
664.64
399.60
257.19
1,022.08| ||**£26,140.35**
1,460.40
313.25
989.51
967.17
1,309.78| ||**£2,276.95**
663.81
9,171.04
4,780.00| ||**£19,654.96**
2,448.54
4,390.72| ||**£6,839.26**
6,500.00| ||**£6,500.00**
60.00
16,600.00| ||**£16,660.00**
45.00
99.45| ||**£144.45**
550.00
13,788.70
590.10
1,445.44| |**Items purchased for Altar/Church**
**Liturgical Calendars**
**Stipends to Visiting Clergy**
**Total Clerical and Liturgical**
**Employer National Insurance Expense - P/L**
**Employer Pension Expense - P/L**
**External Property Rental and Maintenance**
**Rental Payments**
**Total External Property Rental and Maintenance**
**Gross Wages Expense**
**PAYE Late payment interest**
**Payroll Expenses**
**Employer Taxes and NI**
**Employment Allowance**
**Historical Employment Allowance**
**Total Employer Taxes and NI**
**Pension and Insurance**
**Total Payroll Expenses**
**Sisterhood Expenditure**
**"Amber" Bakery (tr to Church)**
**Bank Charges**
**Candles (tr of don to Church acc)**
**Church and church house beatification**
**Church supplies**
**Donations**
**Dough sheeter machine**
**Easter cakes (Kulichi)**
**Flowers**
**Food & Drink**
**Furniture and Electrical goods**
**Gifts**
**Kiosk (cost of sale)**
**Kitchen supplies**
**Maintenance & Constraction works**
**Miscellaneous Sisterhood**
**Pilgrimage Sisterhood**
**Prayer Donation**
**Salary contribution**
**Stationery**
**Travel expenses**
**Youth Group fundraising**
**Total Sisterhood Expenditure**
**Unapplied Cash Bill Payment Expense**
**Uncategorised Expense**
**Utilities**
**Cleaning**
**Electricity**
**Gas**|2,352.19
169.13
680.00| |---|---| ||**£19,575.56**
14,711.11
4,426.26
24,973.50| ||**£24,973.50**
133,542.68
180.33
-5,000.00
-18,000.00| ||**-£23,000.00**
396.00| ||**-£22,604.00**
3,163.00
250.34
356.30
484.95
2,484.86
4,637.78
2,108.62
3,993.00
2,955.25
11,555.81
159.99
1,052.84
23,328.22
1,465.32
0.00
903.41
1,599.15
1,100.00
7,800.00
259.50
345.00
432.39| ||**£70,435.73**
-4,008.19
862.94
924.96
1,703.92
11,298.58| |**Internet Provision (Wifi, etc.)**
**Pest Control**
**Rubbish and Recycling**
**Water**
**Total Utilities**
**Youth Conference Expenses**
**Youth Group Ball Expenses**
**Youth Group Seasonal Events - Expenses**
**Total Youth Conference Expenses**
**Total Expenditures**
**Net Operating Income**
**Other Income**
**Food Bank Donations**
**Food Bank Donations - Bank Transfer**
**Total Food Bank Donations**
**Interest Received**
**New KIOSK Building Fund**
**New KIOSK Building Fund**
**Total New KIOSK Building Fund**
**Pilgrimage**
**Holy Land Pilgrimage**
**Total Pilgrimage**
**TRANSIT IN**
**IN - Choir**
**IN - Holy Land**
**IN - Monthly Plate Collection for Diocese**
**IN - School**
**IN - Sisterhood**
**IN - Special Parish Collection**
**Total TRANSIT IN**
**Youth Conference**
**Youth Group Ball**
**Youth Group Seasonal Events**
**Total Youth Conference**
**Total Other Income**
**Other Expenditures**
**Employee Expenses**
**New Kiosk building Fund Expenses**
**Pilgrimage Expenses**
**Holy Land Pilgrimage expenses**
**Total Pilgrimage Expenses**
**TRANSIT OUT**
**OUT - Choir**
**OUT - Diocesan Special Collections**
**OUT - Holy Land**
**OUT - Monthly Plate Collection for Diocese**
**OUT - School**
**OUT - Sisterhood**|343.59
1,008.00
130.00
1,193.36| |---|---| ||**£16,602.41**
28,279.82
1,546.26
6,613.66| ||**£36,439.74**| ||**£371,077.09**| ||**£69,817.12**
8,181.93| ||**£8,181.93**
3,690.40
9,674.82| ||**£9,674.82**
305.00
69,779.01| ||**£70,084.01**
10,361.06
20,571.60
3,939.21
1,182.05
5,559.30
12,697.75| ||**£54,310.97**
24,719.44
2,120.00
5,677.28| ||**£32,516.72**| ||**£178,458.85**
12.20
700.00
95.00
71,255.02| ||**£71,350.02**
9,828.78
23,655.43
14,786.08
3,513.55
821.75
5,784.90| **OUT - Special Parish Collection** 10,814.09 **Total TRANSIT OUT £69,204.58 Total Other Expenditures £141,266.80 Net Other Income £37,192.05 Net Income/(Expenditure) £107,009.17** Thursday, Oct 02, 2025 04:20:53 pm GMT+1 - Accrual Basis ## DEPENDENT EXAMINER'S REINPORT AD(LQuQN). Accounts for the year ended 31 December 2024 I report on the accounts of the charity for the year ended 31 December 2024 which comprise the Statement of Financial Activities, Balance Sheet and the related notes. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for the year (under s43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to: examine the accounts (under section 43(3)(a) if the 1993 Act); to follow the procedures laid down in the General Directions given by the Charity Commissioners (under s43 (7) (b) of the 1993 Act, as amended); and to state whether particular matters have come to my attention. Basis of Independent Examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, Ido not express an audit opinion on the view given by the accounts. Independent Examiner's statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting •ecords and to comply with the accounting requirements of the 1993 Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. C Yew & ompany 54 Glenburnie Road London SW17 INF 08/10/2025