RECISTERED CHARITY NUMBER: 240088
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DE
EMBER 2023
FOR
THE HOLY FAMILY UKRAINIALY CATHOLIC
PARCHY OF LONDON

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
CONTEINTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
Pllge
Report ofthe Trustees
Statejnent of TTUStees' Respon5ibilitles
Report of Éhe Independtnt Auditors
10 10 12
Statement of Financial Aetivitit5
13
Balance Sheet
14
Cash Flow Statement
15
Notes to the Cash Flow Statement
16
Note5 to the Financial Statements
17 to 23

THE HOLY FALIIILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
The tn￿te¢S PTesent their report with the financial statements of the charity for the year ended 31st Deccmber 2023. The
trustees have adopted the provisions of Accounting and Reporting by Charities.. Stattmcnt of Recommended Practice
applicable to charities preparing their account5 In accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 2019).
AN INTRODUCTION FROM BISHOP KENNETH NOWAKOWSKI
De2r Sisters and Brothers in Christ.
Welcome to this 2023 Ar￿U8] Report and Accounts for the Ukr&inian Catholic Eparchy (Diocese) of the Holy Family of
London.
I thank all who are pan of the life and work of our Church. in particular our v(>luDte¢rs who are quietly helping their
neighbours and showing solidarity with the most wlnerable. I thank all who have composed this Report and its Financial
eomponent, ¢spe¢ially parish clergy and their helpers for their financial oversight. and the staff of the Curial Olfices who
have the difficult task of ensuring our compliance with regulatory requirements on which our ability to serve the public
good depends. In the pages that follow, I hope you will gain insight and context into projects that have shaped our
mission over the past year.
May our shared journey of faith, hope, and love rernind all of us of our calling.. to be the Church in thts place. and at this
time; for we are to be the light of the world and the salt of the earth (Matthew 5.13-16), proclaiming the Good News and
offering love, hope, and healing to all.
With the assurance of my prayers and blessirig.
Yours Sincerely in Christ,
+ Kenneth Nowakowski- Bishop Eparch
A BRIEF HISTORY OF THE EPARCHY
Although the Uktainian Catholic Church in Great Britain was not fornially established as & separate eeclesiastical entity
until 1957, its origins can be traced back much fi￿h¢r. During and immediately after the Second World War d number
of Ukrainiall priests served in Britain as military chaplains for Ukrainian Catholics in the Canadian arnied forces b2sed
in the county, and in the Polish Armed Forces under British eornnydnd. The process of organising the UCC began
during the large- seale influx of Ukrainians into the Country in the immediate post-war years.
In November 1946. an Apostolic Visitator was appointed and in December 1947, the Roman Catholic hierarchy
established a committee for the welfare of Catholic European Volwitsry Workers and Displaced People of various
nationalities who were arriving in Britain. This committee provided a￿lStart¢e in such matter5 as the admittance of
Ukrainian priests to the country, attangements for visits by PTiests to catnps and hoste15 in which Ukrainians were living,
and the use of Roman Catholic churches for Ukrainian services.
On 10th lune 1957. the Holy See i&%UEd a Papal Decree on the establishtnent of the Apostolic Exar¢hate for Ukrainian
Catholics in England and Wale5. Then, in March 1967, it Wds decreed that the jurisdiction of the Exar¢hate was
extended to include Scotland {with effect from May 19681, and it was renamed the Apostolic Exaichate for Ukrainian
Catholics in Qreat Britain. The UCC was elevated to eporchial sta￿S (equivalent to diocesan statu5 in the Latin Church)
on the 18th January 2013. On the 15th January 2020, the Holy Father, Pop¢ Francis, in conjunction with the decision of
Éhe Episcopal Synod of the UGCC, appoint¢d Bishop Kenneth Nowakowski. fom)ally Bishop Eparch of New
Westminster, a5 the fifth bishop for Ukrainians in the Unired Kingdom.
Following Russia's full-5cal¢ invasion of Ukraine, Ukrainians are once again seeking re￿ge in the United Kingdom.
Now, as was immediately after WW2, we musi rise to the challenge of helping and supporting them.
Page I

THE HOLY FALMILY UKRAINIALY
EPARCHY OF LONDON
THOLI
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
OBJECTIVES AND ACTIVITIES
The Charity's Objects
The Declaration of the Tnjst included in the Trust Deed dated 10th August 1953 specifies that the property and other
assets 0￿Med by the Charity should be used for "serving the spiritual nttds of the faithful of the Ukrainian Catholic
Church in Great Britain."
The Ukrainian Catholic Church IUCC) the UK operating through the Ukrainian Catholic Eparchy (Dio¢ese) of the
Holy Family of London, is a registered charity with the Charity Commission in England and Wales. undei charity
number 240088. The staled aim of our charity is 'the advancement of religion at the dis¢r¢tion of the bishop and his
sueeessors in titl¢ or the he￿ of th¢ Ukrainian Catholic Chur¢h in Great Britain."
The pastoral oversight of the chariry is conducted by the Eparchial Bishop, an ex officio Trustee and Chair of the Trust,
in regular consultation with his Advisory Council. This body assists the Eparch in all decisions affecting the lif¢ of the
Eparchy. The Board of Trustees fiklfils the Canonical role of the Eparchial Finance Committee as set out in the
requirements in the Code of Canons of the Eastern Churches. The Vicar General's Office, situated in the registered
office, has a defined canonIcal role. The Vicar General, an ex oificio Trustee, is responsible for personnel issues relating
to the clergy in the Eparchy. Appointments to parishes and other eparchial offices are made by the Eparch in
onsultalion with his Council. The day-to-day legal and financial affairs of the Charity are administered from the
registered offjce {known within the Eparchy as the "Curial Office" The centralised setvice5 of the Eparchy are known
ollectively as the'curia").
Also based at the Registered Office is the Epar¢hial Tribunal. which deals mainly with marriage annulment petitions,
and the office of the Chancellor who deals with other Canonical matters.
The Council of Priests strives to rne¢t four times per year with the Epar¢hial Bishop to discuss and give advice on a wid¢
range of issues. The Council is composed ofall the clergy in active ministry in the UK. They have also beetl constituted
os "The College of Consulters" to fulfil the legal requirements of Canon Law.
At parish level, the paiish priest is responsible for all aspects of running hi5 parish. Each parish is required to hav¢ a
parish council that meets at least four times a year {or more frequently if necessary) to support and advise the priesL
particularly in the areas of finance and properry. A comprehensive manual of "Parish Financial and Administtaiion
Guidelines" is issued by the Eparchy to paiishes. Furthermore, an "ad elerum" is issucd by the Eparchial bishop
regularly through which policies are conununieated tts priests covering both liturgi¢allpastoral and. when require(L
fin8T￿la] ond administrative matters.
The EpaTchy exists to serve the spiritual needs of the laithfi]l of the Ukrainisn Catholic Church in Great Britain. The
ore avenues through which these Obj￿tIVeS are reali5ed include..
Provision of Religious and Pastoral Services: The Eparchy piovides vital religious and pastoral services to
pari5he5 and missionary points, ensuring the Spiritual well-being of its congregants.
Pastoral Care for Permanent Parishioners and Temporary Residents: We recognise the unique challenges
IX)5ed by the recent influx of refugees from Ukraine due to the Russian invasion. In response, we have intensified
our effort5 to provide pastoral care to both perrnanent parishioners and temporary residents. Our aim is to offer
support to those in greater need. foster a sense of wn)munity, and address the spiritual and emotional needs of
those affected by displacement.
M2iDtenaThce of Churche5 and Presbyterie5: Ensuring the upkeep and availability of places of worship and
residence for clergy is central to the Eparchy's mission.
Clergy Support: The Eparchy is committed to the well-being of its el¢rgy, ensuring they have proper
accommodations and means of existence. To that en¢L we have taken steps to becoming a Real Living Wage
employer. Furthernjore, we provide financial assistance to the UGCC Synod of Bishops and its Governing Body
to fi]rther the Church's ¥nission. Additionally, the Eparchy allocates fvnds to various religiou5 causes in Ukraine,
igning with its Spiri￿al mission.
In all of the activities undertaken by the Eparchy, the trustees continue to be very grateful for the work done by so many
people, both paid siaff and volunteer helpers. Without the help of so many people. the Eparchy could not cany out its
important work of 5preadin8 the Good News of Jesu5 Christ.
Page 2

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
REPORT OF TFIE TRUSTEES
FOR TFIE YEAR EINDED 31ST DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE
Progres5 during the Year
The central iole of the Church and Eparchy is the mission of the Chtistian Gospel. Thi$ take5 a number of different
forll]s into a unified whole. It is "delivered" in a variety of ways.
Over the pasi year. life iti the Eparehy has tontinued io be both exciting and challenging foT us all. Ther¢ have be¢n
areas of significant gro1￿. We focused on achieving five Key Aims..
To become a more sustainable and resilient organisation.
To grow our communities through prayer, worship, and action.
To develop opportunities for personal, spiritual, and community growth.
To strengthen our ¢ngagement with partners and stakeholders, and to deepen ecumenical dialogue through
listening and collaboration.
To rnaintain and improve our historic building5, spaccs, and collections.
We are particularly proud of the new mission points we have established and maintained.
Saleguarding
Providing a safe ¢nvironment for all is the responsibility of every person employed or involved in the Eparchy. To that
end. the Eparchy strives to ensure that it adheres to Pope Francis. prayer intention for Maich 2023.. "The Church cannot
try to knde the tragedy of abuse of any kind. Nor when the abuse tEkes place in familie5, in ¢lub5, or in other types of
institutions. The Church tnust serve as a model to help solve ihe issue and bring it to lighi in society and in families. The
Church Must otyer safe spaces for victims to be heard, supported psychologically, and piolected."
As such, the Eparchial Safeguarding Office provides ongoing support, advice, and guidance to all within the EpaTchy.
This includes our clergy, employees, Parish Safeguarding Representatives (PSRI. and volunteers. By working in
partnership, we ensure that the parishes and communities across the Eparchy are safe spaces for all and in particular for
those that are vulnerable. The current message is that safeguarding is everyone's responsibility. By building safer
envirotllnents- where everyone is empowered to raise concerns, ask for advice, or ￿￿ke a disclosure - the safeguarding
function of the Eparehy continues to Strengthen. We achieve this through a variety of different activities that aim to
ensure that everyone has an understanding that Safeguarding is what we do to prevent harm. and Child and Adult
Protection is the way we respond to harni. Both elenEnts have equal importance in the work of our Charity.
To underscore our cornmitment, the Trustee5, SUPPQrted by the Eparchial Safeguarding Coordinator. volunteered the
Eparchy for CSSA'S {the Catholic Safeguarding Standards Agency) pilot baseline audit progratnrne. This involved the
Eparchls safeguarding function being evaluated against the eight rkew safeguarding standards. The Eparchy received an
overall gradsng of Comprehensivc Assurance.
The report noted "Safeguarding 15 Lntsinsic to the Epaichy's rninisty and practice, and the Eparchy has ¢ntsrd¢ed
developments to national safeguarding procedure5 and standards. The Eparchy has made a clear commiknent to
safeguardin& which is explicitly slated online and within the Eparchial Safeguarding Resource Pack- it is also
demonstrated via the Eparchy's inVeSth￿nt in training oppottsnities and development of key policies and prOce￿es.,
The Epa￿hy'S proactive ¢ngag¢ment with the CSSA, in seeking to jointly develop training and policy as well as
volunteering to assist the pilot audit process. indicates a dedication to qwdlity assurance and continuous improvement.
Furthern￿re. the Eparchy has displayed a desire io share best piactice acro&s the wider Ukrainian Greek Catholic
Church, and sUPWrt other Church bodie5 in achieving the highest standards of safeguarding practice in a 'On¢ ChuTCh'
approach. this is also seen in the way the Eparchy works with other Ukrainian organisations to lead their communities
safely and with one voice"
Page 3

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF Lo￿,DoN
REPORT OF THE TRUSTEES
FOR THE YEAR ELNDED 31ST DECEMBER 2023
OVERALL GIL4D1Tr4G FOR THE UKRAINLif4 CATHOLIC EPARCHY Cotnprehensive A55uranee
Standard I
Safeguarding is embedded in the Church b￿Y'S leadership,
Exemplary
governance, ministry. and culture
Communicaiing the Church's Safeguarding Message
Engagsng with and Caring for those who report having been
hamied
Standard 4 Effective M8nagement of Allegations and Concerns
Standard 5
Mawdgement and Support of Subjects of Allegations and
ConceLlJS (respondents)
Standard 6
Robust Human Resource Management
Standard 7
Training and Support for Safeguarding
Standard 8 Q￿lity Awuranee and Continuous lrnprovement
Standaid 2
Standard 3
CO￿PrehenSive Assurance
Exemplary
Exemplary
Cornprehensive Assuran¢e
Comprehensive Assurance
Exemplary
Results Being Achieved
Based upon the reporfs findings the Epa￿hla1 Safeguarding Office in collaboraiion with the Trustees, Sub-committee on
SafeguaTding will develop an action plan titled 'Safeguarding Implementation Plan" to build on the positive outcome of
the baseline (pilot) audit experience. Our target IS to be graded exemplary in all eight standards, not just four of them.
We continue to learn and irnprove the Epar¢hy's safeguarding fijnction. To that end, key achievements in 2023 included..
Introduction of a new Safeguarding Training Plan for Clergy, employees, and volunteer5. Cornprehensive
face-to- face training for clergy in active ministry.
Collaboration with other charities and organisations to broaden learning oppottsnities
Introduction of a￿arenesS days e.g., Mental Health Awareness Week, Anti-bullying Week, International Day
for the EIiEnination of Violetjce against Women aTLd Gir15, World Elder Abuse Awareness Day etc.
Building professional relationships with statutory agencies.
1000 DBL compliance amongsi clergy, Eparchial employee& and volunteers (as declared on Parish Volunteers
lists subFnitted to the Eparchial Safeguarding Office).
M5 M Matwijiwskyj - Safeguarding Officer
Ukrainian Weleotne Centre
The Ukrainian Welcome Centre (UWC) was co-founded by the Ukrainian Catholic Eparchy of the Holy Family of
London and the Association of Ukrainians in Great Britain in March 2022 to help Ukrainians dssplaced by Russia's
11-scale invasion integrate into life in the UK and to provsde a safe space for Ukrainian5 to stay in touch with their
heritage.
UWC'S core activities include drop-in advice sessions with DLR, DWI, and Horne Office representative5, as well as
Shelter. Gcntral consultations are regularly provided by staff and volunteers from diverse professional backgrounds.
Services include English language courses. art for well-being classes. a mother and toddler playgroup. job search / CV
writing workshops, psychological 5UPPOrt sessions, seniors, rneeting5, networkin8 events, foodbank referrals, and special
children's events.
By the end of 2023. the UWC provided support and help for ovei 6.000 individual cases.
Page 4

THE HOLY FAMILY UKRAINIAP4 CATHOLIC
EPARCHY OF LONDON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
FINALYCIAL REVIEW
FinaDcRal p05itio
It is my privilege to present the financial summary for the year ¢ndiDg 31 st DecembeT 2023 on behalf of The Holy
Family Ukrainian Catholic Epaichy of London. This report provides a comprehensive overview of our fitfdncial
perfomiance aNi highlights key areas of financial management, investment, and expenditure.
Financial Overview
For the year under review, the Eparchy denx)nstrated a strong financial position, with total income amounting io
£1,451,336. This reflects a significant increase Èn donations and grants, especially in response to the ongoing erisis in
Ukraine. which saw over £1.17 million allocated to special Causes. Total expenditure reached £l,M6.535. leaving a net
Sutplus of £104,801. This positive financial outcome has been driven primaTily by prudent financial management and
focused fundraising efforts. ensuring the sUStain&bility of our religious, pastordl. and charitable Services.
Income and Fundraising
The rnajority of our income wa5 derived frorn donation5 and legacie5 (£1,336,490), reflect&ng the ongoing generosity
and cornmitment of our benefactors. Additional income from investments and investment properties contributed
£113.646. which fi￿ber slrengihens the financial foundation of the Eparchy. While our rental income from investment
properties remains a valuable source of ￿nds, we continue to seek ways to diversify and grow our revenue St[ean￿ in
aligntyknt with our long-tenn strategic goals.
Expenditure and Charitable AetKvities
Our expenditure is aligned with the core mission of the Eparchy, prioritlsing clergy suppor¢ parish services, and
charitable activities. A total of £548,494 was dedicated to parish and area support services. ensuring the provision of
religious and pasioral care across our communities. Property maintenance and clergy housiftg expenses amounted to
£346,277, reflecting our commitment to maintaining the integrity of our ehureh buildings and providing adequate
accomrnodatigns for our clergy.
In response lo the increasing needs of Ukrainian ye￿ge¢S the Ukrainian Welcome Centre played a pivotal role in
offeTing pastoral care and community support. The Centre's running costs totalled £227,128, with £224,533 allocated
directly to SUPPOrting these efforts.
Inyestments and Asset ivlanagement
The Eparchy rnaintain5 a substantial portfolio of fixed assets, which totalled £2,926,964 at the end of 2023. Key
invcstments in tangible fixed asset5, including ecclesi8Stical properties, were made to support our pastoral mission and
ensure the long-temi susiainability of our facilities. Propety-related expenditure remains a significarlt aspect of our
financial planning, and we anticipate ongoing investrnent in maintaining and upgrading our buildings in the coming
years.
Future Outlook
Looking ahead, the Eparchy remains committed to delivering on its spirittjal and p05tOTal mission while ensuring sound
financial stewardship. Key priorities include securing future fill￿ing for property maintenance, nurturing vocations to th¢
priesthood, 2nd continuing to provide essential support to the Ukrainian re￿gee community. We alw foresee the need
for further evaluations of our propety holdings, with potential downsizing 2nd thptation stTat¢gies to ensvre that we
remain flexible and responsive to the evolving needs of our congregations.
As always, the Finance Office will continue to work diligently to manage resources effectively, ensuring transparency
and accountability in all financial matters. We remain grateful for the continued generosity of our donors and the hard
woAc of our clergy and volunteers in helping to deliver on the Epaichvs mission.
Very Rev Fr David J Senyk- Finance Officer
Page 5

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
FUTURE COMMITMENTS
As we look ahead, our organisation is committed to continuing and deVelOpll￿ its services in alignrnent with evolving
time5 and circumstances. Key priorities include".
Voeat10115 to the Prffte5thood: Encouraging and nurturing vocations to the priesthwd remains ll ¢ornerstone for
the Eparchy's success. Cutreni efforts include the training of two seminarians for the priesthood and one
Candidate to ihe diaeonate.
Pollcy Evaluation: A eOT]sultation and review process 15 underway. assessing policies and procedures within th¢
harity.
Property Malntenanee: Given the substantial property assets held by the charity, ongoing investment in
property maintenance is essential to ensure pastoral work continues effectively. M2ny of the churches in the
Eparchy are listed buildings and this gives rise to additional responsibilities. Despite the ownership by the
Epaichy of substantial property assets, the reality is that this custody attracts a continuous ongoing responsibility
and liability. The care and maintenance of the Charity's properties is a heavy burden since we are required to
maintain them to a high Standard. We envisage that foi years to come property Maintenance will e￿alate and
funds for this will have to be raised otherwise the buildings will deteriorate.
Dolv￿sIZ]ng and AdaptatlOD: We anti¢ipote potential downsizing of assets in response to changing
congregations or, in certain cases, a return to the we of Roman Catholic Churches
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is contTolled by its governing docurnent, a deed of tTU5t and constitutes an unincorporated chariry.
Charity CODstitution
The Ukrainian Catholic Eparchy of the Holy Family of London is a charitable trust established by a trust deed datd 10th
August 1953 and is re￿Stered under the Charities Act 1993, Charity Registration No. 240088. The charity uses both the
Ukrainian Catholie Church and the Eparchy of the Holy Family of London as working names.
Orggnisation
The charity Is overseen by a Board of Directors of th¢ Trust, which convenes regularly to address financial, property,
legal, and administrative matters conceming the Eparchy. Additionally, the Eparchy's parishes operate under the
Church's Code of Eastern Canon Law and are bound by the Canon5 of the Particular Law of the Ukrainian Greek
Caiholic Church.
Administrative And Advisory Bodles
The Epatchy maintains key adrninistrative and advisory bodies in acc(Trrdance with Canon Law. including the Eparchial
Financial Council and the Presbyteral Council. These bodies provide essential advice and support to the Bishop in
matter5 related to finance, administration. and important Eparchial affaiis.
Page 6

THE HOLY FAMIL Y UKRAINIAN CATHOLIC
EPARCHY OF LONDO
REPORT OF THE TRUSTEES
FOR TIIE YEAR ENDED 31SI' DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Direetors of the Charity
The charity is oveT5een by a Board of Diiectors of the TrusL which convenes regularly to address financiol, property,
legal. and administrative matters concerning the Eparchy. The affairs of the charity ate govetned by the trustees. who are
recruited from the senior clergy and suitably qualified and experienced lay faithful of the Eparchy. New trustees are
intToduc¢d to their role 2nd responsibililies by the Secretary of the Trust at which time relevant Charity Cominissjori
liteTature is issu¢d together with copies of the trust deed and the latest financial inforniation is made available. As and
when required. ttustees attend fornial and infortnal training sessions. The trustees nomvdlly hold meetings on a quarterly
basis to conduct the operations of the Charity including reviewing Sub-committees. aDd the impletskntation of policies.
The Directors of the Charity (Trustees) are 2pp)inted by the Bishop. Trustees do not receive any remuneration,
payments, or benefIts in connection with their duties as Trustees_ Trustees, who are serving Me￿berS of the clergy,
receive a monthly stipend payment, consistent with all serving clergy members ofthe Eparchy. The Office of the Vicar
General and the Offjce of Eparchial Finance Officer play vital roles in implementing directives and overseeing financial
operations, respectively and report to the Trustees of the charity on a regular basis.
Additionally, the Eparchls parishes opeiate under the Church's Code of Eastem Canon law and ar¢ bound by the
Canons of the Parti¢ular Law of the Ukrainian Greek Catholic Church.
Scope ol the Accounts
The a¢¢ounts include assets, liabilities and transactio￿ of the following..
Curial Fund5
The Curial fi￿d$ are used to support the Bishop in providing Eparchial services and pastoral caTe and to Meet the cost of
¢entral administration. The Curial fi￿d5 are administered by staff within the Cuiial {or Central) offic￿ in the Cathedral
Complex.
Parochial Funds
The Parochial fi]nds are administered, with guidance from the Central Finance OtTice. by the parish priests and are u5
to carry out the work of the Church within local areas.
Ukrainian Cathedral of the Hol Famil
A wholly omied subsidiary carying out aetivities which relate to the Cathedral, whose objective it is to generate profit
for the benefit of the Cathedral parish as well as to support the Eparch.
CONCLUDING REMARKS
We hope that this report highlights what we have accomplished in 2023, draws a light on what we still hope to
accomplish, and explains why oui work throughout the UK is $0 important not jiist to Ukrainians but to the wider
¢ommunity.
The Eparchy is dependent on voluntary donations and you Can a real difference by supporting one or more of the
following activities, besides your parish..
Support for displaced Ukrainians
The car¢ of Sick and elderly priests
The training of new priests (seminarians fijnd)
Evangelisation and catechesis
The inclusion of all people in the life of the Church
The Holy Family Fund (to support body repatriation to Ukraine)
Work with young people
Preserving church buildings
Page 7

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LOIYDON
REPORI. OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty number
240088
Principal address
Ukrainian Catholic Eparchy
Chancery Office
21-22 Binney Street
London
WIK5BQ
Trustees
Right Rev K Bishop Nowakowski
Very Rev Fr M Matwijiwskyj MBE
Rev T Khomych
Mr F Kurlak MBE
Ms l Terlecky MBE
Rev M Woodruff
Dr P Kormylo
College of Consultors
Vcry Rev Fr M Matwijiwskyj MBE - ViraT General
Rev Fr M Malysh - Chancellor
Very Rev Fr D J Senyk- Finance Officer & Payroll
Very Rev Fr V Fedun- Judicial Vicar
Key Personnel
Very Rev Fr M Matwijiwskyj MBE- Vicar General
Rey Fr A Malysh- Chancellor
Vcry Rev Fr D. J. Senyk- Finance Officer & Payroll
Ms M Matwijiwskyj - Safeguarding
Very Rev V Fedun- Judicial Vicar
Auditors
Sproull & Co.
Chartered Accountants
Statutory Auditors
First Floor, Jebsen Hou5¢
53*1 High Street
Ruislip
Middlesex
HA4 7BD
Approved by order of the board of trustees on 22nd October 2024 aThJ signed on its b¢h21f by..
Right Rev K Bishop Nowakowski- Ttusttt
Page 8

THE HOLY FAMILY UKEL4INIAN CATHOLIC
EPARCHY OF LONDON
STATEI¥IENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice)-
The law applicable to charities in England and Wales, the Charities Aet 2011, Charity (Accounts and Rew)rtsl
Regulations 21K)8 and the provision5 of the trust deed requires the trllstees to prepare financial statements for each
fiDancial year which give a true and fair view of the stste of affairs of the Chwity and of the incoming resources and
application of resour¢e5, Including the income and expenditure, of the charity for that period. In preparing those
financial stsiement&, the trustees are required to
select suitable accounting policies and then apply them con5lStently'
observe the merhods and principles in the Charity SORP:
make judgements and estimates that are reason2ble and prudent;
state whether applieable accounting standards have E¢en follow¢d. subject to any material depa￿Te5 disclosed and
explained in the financial statements.
Ptepare the financial statements on the going concern basis unle&s it is inappropiiate to presume that the charity will
continue in busines5.
The trustees are responsible for keeping piopei accounting Tecords which disclose Wlth reasonable accuracy at any time
the financial position of the charity and to enable them to ensure that the financial stateTnent5 Cotnply with the CharitlES
Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also
responsible for safeguarding the assets of the chariry and hence for tsking reasonable steps for the prevention and
detection of fraud and oiher irregulaiities.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE HOLY FAINIILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
Opinion
Wt have audited the financial statement5 of The Holy Family Ukrninian Catholic Eparchy of London (the 'charity) for
the year ended 31st December 2023 which comprise the Statement of Financial Activitie5, the Balance Sheet. the Cash
Flow Staiement and notes to the financial statetnents, including a summary of significant accounting policies. The
financial reporting frarnework that has been applied in their preparalion is applicable law and United Kingdom
Accounting Standard5 (United Kingdorn Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a tsue and fail view of the state of the charit￿S affairs as at 31st December 2023 and of its incoming resources
a￿1 application of resources, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted A¢¢ounting Practice,. and
have been prepared in accordance with the requir¢m¢nts of the Charities Act 2011.
Basis for opinion
We conducied our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)} and applicable law.
Our responsibilities under those standards are further described in the AuditOTS' responsibilities for the audit of the
financial statements section of our report. We are independent of the charity in accordance with the ethical requirements
that are relevant to our audit of the fsnancial statetnent5 Iri the UK, including the FRC'S Ethical Standard, and we have
fjjlfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusion5 relating to going concer
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in
the preparation of the financial statements is appiopriate.
Based on the work we have perfornied, hav¢ not identified any material uncet1ainties relating to ev¢nts- or conditlons
that, individually or coll¢¢tively, may cast significant doubt on the chatity's ability to continue as a going concern for
period of at least twelve months from when the f]nancial statements are authori5ed for i&sue.
Out iespot]sibilities and the responsibilities of th¢ tTUStees with respect to going concem are described in the relevant
sections of this report.
Other Informatlon
The tntstees tre responsible for the other inforniation. The other information comprises the infomation included in the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statement5 does not oover the other inforniation and, except to the extent otheNrise
explicitly stated in our report, we do not express any forni of assurance conclusion thereon.
In connection with our audit of the flnancial statements, our responsibility is to read the other infom)ation anLt in doing
50, consider whether the other inforniation is materially inconsisient with the financial staternent5 or OUT knowledge
obtained in the audit or otherwise appears to be materially misstated. If we idenlify such ll￿terial inconsistencies or
apparent material mi5Statetnents, we are required to (kterrnine whether this gives rise to a material misstatement ID the
financial statements themselves. If, based on the work we have performed. we ¢on¢lude (hat there is a material
misstatement of this other infomution, we are required to report that fact. We have nothing to report sn thi5 regard.
Matters which we are required to report by exception
We have nothing to report in re5pe¢t of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to rewTrn to you if, in our opinion..
the infornjation given in the R¢port of the Trustees is inconsistent in any material respect with the financial
statements; or
sulficient accounting records have not been kept-, or
the financial statcments are not in agreement with the accounting records and rthrns. or
we have not Teceived all the inforn￿tIOn and explanations we iequjre for our audit.
Page 10

REPORTOF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE HOLY FAMILY UKRAINIAIY CATHOLIC
EPARCHY OP LONDON
Re5ponsibilitie5 of trustees
As explained mole fully in the Statement of Trustees. Responsibilities, the trustees are responsibl¢ for the prcparation of
the financial statements which give a true and fail view, and tor such internal control as the tntstees deternine is
necessary to enable the preparation of financial statements that are free frorn tnaterial mi5Statement. whethei due to fraud
or error.
In preparing the financial statement5, the trustee5 are responsible for assessing the charity's ability to continue as a going
concem, disclosing. as applicable. matiers related to going concern and using the going concern basis of accounting
unless the uustees either intend to liquidate ihe charity or to ¢ea5e operations, or haye no realistic alternative but to do
so.
Our responslbllltles for the audlt of the tlnanclal statement5
We have been appointed as auditors under Section 144 of the Charities Aci 2011 and report in accordanc£ with the Act
and relevant regulations rnade or having effect thereunder.
Our objectives are to obtain reasonable assiirance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors thai includes our
opinion. Reasonable assurance is a high level of aSSi￿anCe, but is not a guarantee that an audit conducted in aceoidance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise frorn fraud or error
and are considered material if, individually or in the aggregate. they could reasonably be expected to influence th¢
econornic decision5 of users taken on the basis of these financial statetnents.
The extent to which our procedures are capable of detecting irregularities, including fraud 15 detailed below..
Based on our understanding of the ¢harity and the sector in which it operates, we identified the principle risks of
non-compliance with laws and regulations related to the applicatjOD of charitable funds. We also considered those laws
and regulations which have a direct impaci on ihe preparation of the financial statements such as th¢ Charities SORP
{FRS 102).
Through enquiry of management we gained an understanding of their relevant laws and regul&tion5. the entiws policies
al￿ procedures regarding compliance" and how they identify, evaluate and account for litigation claims. We understand
that the charity complies with the fratnewoik through having in place iobust procedures and policies and by outsourcing
aTNI taking external professional legal, tax and aceounting advice on relevant specialist fimctions and areas.
The senior statutory auditor led a discussion with all members of the engagement team regarding the susceptibility of the
haritys financial statements tt) material misstaten*nt, including how fraud might occur. The areas identified in this
discussion were..
Manipulation or error in the classification of income leading to the under or overstatement of unrestricted or
restricted funds.
Manipulation or error in the use of funds leading to expenditure which i5 riot in accordance with the charitable
objectives.
The procedures we carried out to gain sufficient appropriate audit evidence in the above areas included..
Identify and assess the risks of rnaterial tnisstatement of the financial statements, whether due to fraud or eryor,
design and perfom) audit procedures T¢5ponsive to those risks, and obtsin audit evidence that is sufficieni and
appropriate to provide a basis for our opinion. The risk of not d¢te¢ting a mat¢rial misstatement resulting from
fraud is higher than for one resulting from error. as fraud may involve collusion, forgery, intentional omission5,
misrepresentations. OT the overrid¢ of internal control.
Obtain an understanding of intemal conttol relevant to the audit in order to d¢sign audit pro¢edur¢s that are
appropriate in the circumstances, but not for the PLtrpose of expressing an opinion of the effectiveness of the
charitable internal Control.
Evaluate the appTopriateness of accounting policies used and the rea50nableness of a¢wunting estimAtes and
related disclosures made by the directors.
Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDOI
Identifying and testing journal entri¢5.
Evaluate the overall piesentation. structure and content of the financial statement5, jDcluding the disclosures, and
whether the financial stattrnents represent the undeilying transactions and events in a manner that achieves fair
presentation.
A further d¢scription of ow responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's web5jte at www.frc.org.uk/auditorsresponsibililies. This description fornis part of our Report of the
Independent Auditors.
Use of our report
This rewrt is made solely to the charity's trustees, a5 a body, in accordance with Part 4 of the Charities (Accounts and
ReEK)rts) Regulations 2008. Our audit work has been undertaken so that we Might state to the charity's trustees those
matters we are required to State to them in an auditors, report and for no other purpose. To the fvllest extent pern)itt¢d by
law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for
our audit woik, for this report. or for the opinions we have forn¢d.
prou1/ & eo.
Sproull & Co.
Chartered Awountan¢5
Statuiory Auditors
First Floor, Jeb5en House
53-61 High Street
Ruislip
Middlesex
HA4 7BD
24th October 2024
Page 12

THE HOLY FAIMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
STATEIMENTOF FINANCIAL AcfiviTIES
FOR TFIE YEAR ELN'DED 31ST DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
fund5
Restricted
funds
Notes
INCOME ATr4D ENDOWMENTS FROM
Donations and legacies
1,134.628
201.862
lJ36,490
1,120,757
Other trading a¢tivities
Investment income
Other income
1,200
113,196
1.200
113,646
10.255
107,463
24.083
450
T•tal
1.249.024
202,312
1,451 J36
1.262,558
LYPENDITURE ON
Raising fi￿dS
27,206
27,206
21,282
Charitable activities
Fundtaising activities
Parish and Area 8UPPOrt services
Clergy housing and property costs
Grants and donations
Ecclesiastical supplies
Ukrainian Welcome Centre
548.494
346,277
131,203
66,227
2.595
548.494
346,277
131.203
66227
227.128
322,353
296,311
56.971
21,090
103,414
224.533
Total
1,122,002
224,533
1.346535
821.421
r+lET INCOMEI(EXPENDITURE)
127,Ib22
(22,221)
lo4￿01
441,137
RECONCILIATION OF FUNDS
Total fillKIs brought forwdrd
3,363,S05
174.970
3.538.475
3.097.338
TOTAL FUNDS CARRIED FORWARD
3,490,527
152,749
3,643,276
3.538,475
The notes forn) part of these financial statements
Page 13

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
BALANCE SIIEET
31ST DECENIBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
funds
Restricted
fund5
Notes
FIXED ASSETS
Tangible assets
InvestTnent property
1105,886
806.116
14.962
2.120,848
806,116
350,592
2,333,653
12
1912,002
14,962
2,926,964
2,684,245
CURRENT ASSETS
Debtor5
Investrnents
Cash at bank
13
14
5,595
274
638,911
5,595
274
776,698
1,250
274
912,580
137,787
644,780
137,787
782,567
914,104
CREDITORS
Amounts falling due within one year
15
(66,255)
(00,255)
(59.874)
NET CURRENT A&SETS
57&525
137.787
716,312
854,230
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,490,S27
152,749
3,643,276
3.538,475
NET ASSETS
3,490,527
152,749
3,643.276
3,538,475
FUNDS
Unrestricted fi￿dS
Restricted funds
17
3,490,527
152.749
3,363.505
174,970
TOTAL FUNDS
3.643.276
3,538,475
The financial statements were approved by the Board of Trustees and authorised for issue on 22nd October 2024 and
were signed on its behalf by..
ad2.
Right Rev K Bishop Nowakowski- Trustee
The not¢s fonn part of th¢se financial statements
Page 14

THE HOLY FAMILY UKIL41NIAN CATHOLIC
EPARCHY OF LONDON
CASH FLOW STATEIMENT
FOR THE YEAR ENDLD Jis"r DECEMBER 2023
2023
2022
Notes
Cash flows from operatlng aetlvltles
Cash generated from operations
(6.129)
355,523
Net cash (used inllprovided by operating activitie5
(6,129)
355.523
Cash tlows from investing activities
Purchase of tangible fixed a55ets
Purchase of investment property
Sale of investment ptoperty
Inierest received
Dividend5 received
Rents received
{238,0431
(5,7541
398
1.771
(113,828}
236
6,997
100,230
111.87$
Net cash used in investing activities
(129,753)
{6,365)
Change in cash and cash equivalents in
the reporting period
Cash and ea5h equivalents at the
b¢ginDing of the reporting period
(135.8821
349,158
912,580
563,422
Cash #Dd cash equlvalents at the end of
the reporting ptriod
776.698
912,580
The notes forni part of thes¢ fiEhancial siatemenis
Pag¢ 15

THE HOLY FAMILY UKRAINIAN CATHOLI
EPARCIIY OF LONDON
NOTES TO THE CASH FLOW STATEMENr
FOR"fHE YEAR ENDED 31ST DECEt*lBER 2023
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023
2022
Net incotne for the reporting perlod (as per the Statement •[Financial
ActAvltles)
Adjustments for:
Depreciation ¢haTg¢s
Interest received
Dividends received
Social investments written off
Rents received
Increase irt debtors
Increase in creditors
104,801
441,137
680
(1,771)
(236)
(6.997)
5,532
{100.230)
{1,250}
17,567
(111,875)
(4,345)
6.381
Net Cash (used inyprovlded by operatAons
(6.129)
355,523
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.23
Cash tlo
At 31.12.23
Net ea5h
Cash at bank
912,580
(135.882)
776.698
912,580
(135.882)
776.698
tiqllid resources
Deposits included in cash
cU￿ent asset investtnents
274
274
274
274
Debt
Debts falling due within l year
(34,610)
9,610
(25,0110)
{34,610)
9,610
{25,000)
Total
878,244
(126,272)
751,972
The notes fom part of these fitfdncial statements
Pag¢ 16

THE HOLY FAMILY UKIL41F41AN CATHOLIC
EPARCHY OF LONDON
NOTES TO THE f4lNANCIAL STATEMENTS
FOR'fHE YEAR ENDED 31ST DECEMBER 2023
ACCOUF4TITrIG POLICIES
Basis of preparing the financial statements
The fir￿n¢la1 statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 102) 'Aecgunting aNi 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) {effe¢iive l January 20191,.
Finaneial Reporting Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republic of
Ireland, and the Charities A¢t 2011. The financial statements have been prepared under the historical ¢ost
convention.
The financial statements are prepared in sterling which is th¢ fiLnctiorh&l currency of the company.
Income
All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the fimd5, it
15 probable that the income will be received and th¢ amount can be measured reliably.
Expenditure
Liabilitits are recognised as expenditure a5 soon as there is a legal or constructive obligation committing the
charity to thal expenditure. it is probable that a traDsfer of economic benefits will be required in bettlement and
the amount of the obligation can be measuted reliably. Expenditure is accounted for on an accruals basis and has
been clas55fied under heading5 that ag8Tegate all cost related to the category. Where costs cat)not be directly
attributed to particular h¢adings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed a$$ets
Land and property is recorded at open market value.
Ecclesiastical Fixtures and Fittings are deemed to have a residual value of at lesst their original historie cost, so
depreciation is considered imnydterial.
General FiX￿reS and Fittings are written off to the Income ajbj EXpendi￿re account in the year in which they are
acquired.
Plant and Machinery are depreciated at 200/0 reducing balance basis.
Enve5tment property
Investment propety is shown at most recent valuation. Any aggregate sU￿lUS or deficit arising from changes in
fair value is iecognised irt the Statement of Financial Activities.
Taxation
The charity is exernpt from tax on its charitsble activities.
Fund accounting
Unr¢strieted funds ean be used in aceordanee with th¢ charitabl¢ obj¢¢tiv¢s at th¢ di$tT¢tion of the trustees.
Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donoT or when funds are rdised for particular restricted purposes.
Pension Costs and other post-retirement benefits
The charity operates a defined contr2bution pension scheme. Contributions payable to the charity's petLsion
scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 17

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
NOTES TO THE FINANCIAL STATEI¥IEINTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
DONATIONS AND LEGACIES
2023
2022
Donatio￿ and gtanls
Special causes
161,155
1.175,335
110.731
1,010,026
1,336,490
1,120,757
OTHER TIIADING ACTIVITIES
2023
2022
Services prtsvided
1,21)0
10.255
INVESTMENT INCOME
2023
2022
Rents received
Dividends receivable
Deposit ac¢ouni interest
111,875
100,230
6.997
236
1,771
113,646
107,463
OTHER INCOME
2023
2022
Insurance in¢orne
24.083
K4tSlNG FUNDS
Other trading #etivltle$
2023
2022
Impairn)ent losses
5,532
Investment managernent eost$
2023
2022
Investment property repairs and maintenance
Support costs
27,206
15,098
652
27,206
15.750
Aggregate omounts
27,206
21.282
Page 18

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LONDON
NOTES TO THE FINAN'CIAL STATEME.NTS- continued
FOR THE YEAR ENDED 31ST DECELMBER 2023
CHARITABLE ACTIVITIES COSTS
Support
costs15ee
note 8)
Dlrect
Costs
Totals
Paiish and Area support service5
Clergy housing and property costs
Grants and donations
Ecclesiastical supplies
Ukrainian Welcome Centre
449,188
346.277
131,203
66.127
224,533
99,306
548,494
346,277
13I,203
66.227
227,128
2,595
1,217,428
101.901
lJ19,329
SUPPORT COSTS
GoverD#nee
costs
M&nagernent
Finance
Totals
Parish and Area support services
Ukrainian Wel¢ome Centre
80,853
5.088
13.365
2,595
99.3116
2,595
80,8S3
5,088
15,960
101,901
TRUSTEES, REMUTrIERATION AND BENEFITS
2023
2022
Tn￿tee5, salaries
TTUStees' social secwity
Trustees, pension contributlons to money purchase schemes
55.884
5,118
642
42,620
3,148
372
61,644
46,140
Trustees, expenses
WheTe trustees are a150 clergy of the Eparchy, they are remLtherated by the Eparchy and are reiTnbursed expens¢5
for carrying out theii ministry in the sam¢ way as Other clergy of the Eparchy.
During the year. three tn15tees received reimbutsemeni of expenses totalling £8,54312022 £10,545). The vast
Tnajority of these expenses related to working expenses. such as travel and subsistence costs, in relation to their
duties as clergy, Tather than as expenses incurred specifically in relation to their role as tll￿te¢s.
Page 19

THE HOLY FAMILY UKRAINIAN CATH
ARCHY OF LONDON
LI
NOTES TO TFIE FINANCIAL STATEMENTS - eoRtinued
FOR THE YEAR ENDED 31ST DECEMBER 2023
io.
STAFF COSTS
2023
2022
Wages and salaries
Social security costs
Other pension costs
535.151
41.273
9.137
304,383
14,818
3.949
585.561
323.150
The average monthly number of employees during the year was as follows".
2023
16
2022
Catholic Eparchy
Tru5t¢e5
Welcome CentTe
29
20
No employees received eTDoluments in excess of £60,000.
ii.
TANGIBLE FIXED ASSETS
Fixtures
Frechold Improvements
property
to property
Plant and
machineTy
fitting5
Totals
COST
At 1st January 2023
Additions
1,404,663
242.058
230,036
236,764
3,927
1,883,485
238,043
4,080
At 3 1st December 2023
1.404.663
472.1194
4.080
240.691
2.121.528
DEPRICIATION
Charge for year
680
680
NET BOOK VALUE
At 3 1st December 2023
1,404,663
472,1194
3,400
240,691
2,120,848
At 31st December 2022
1.404,663
242,058
236,764
1,883.485
In prior years land and property and fixtures and fittings had been included at historic cost and were not
depreciated. In 2019 certain propertieb were profe55ionally revalued in order to tnore properly refjeet their
current open rnarket value. Thi5 resulted in a gain on revaluation amounting to £977,150. A further detailed
review gf all property costs was undertaken in 2020, which r¢5uli¢d in a fvrther adjustment of £22.939 arising
from the reallocation of expenditure incurred in 2019 from house and church maintenance to the cost of land and
property and bank accounts.
In 2023, the allocation of the charity's properties as Freehold Property, Improvements to Property or Investment
Property was reconsidered. A5 2 result, £1,532,893 of properties previously classified as Investment Propety
have been re-presented as Freehold Property {£1,404,663) and Improvements to Property1£128.230). This has
been reflected in the broughr forward figures as at 1st January 2023 in both Tangible Fixed A&8ets and
Investrn¢nt Property.
PÈge 20

THE HOLY FAMILY UKRAINIAN CATHOLIC
EPARCHY OF LOLYDON
NOTES TO THF. FINANCIAL STATELIIEYL TS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
12.
INVESTMENT PROPERTY
FAIR VALUE
At 1st January 2023
Additions
Disposals
800,760
5,754
(398)
At 3 1st December 2023
806,116
NET BOOK VALUE
At 3 1st tkcetnbei 2023
80fj116
At 3 1st December 2022
800,760
Please see not¢ I I regarding the re-presentation of properties Previo￿5]Y allocatcd a5 Inve5ttnent Property.
13.
DEBTORS: AMOUNTS FALLING DUE WITHILY OLNE YEAR
2023
2022
Other debtors
Prepayments and accrued income
4J95
1,200
1,250
5,595
1,250
14.
CURRENT ASSET IIYVESTMENTS
2023
2(b22
Bond deposits
274
274
15.
CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
2023
2022
Taxation and social S￿urity
Other creditors
8,588
57,667
9.032
50.842
66.255
59,874
Page21

THE HOLY FAMILY UKIL41NIAN CATHOLIC
EPARCHY OF LO￿DON
Tr40TES TO THE FINANCIAL STATEMENfs - continued
FOR THE YEAR ENDED 31ST DECEt*IBER 2023
16.
LOANS
An analysis of the maturity of loans i5 given below..
2023
2022
Amounts falling due within one year on denTrnd..
Other loans
25.000
34.610
17.
MOVEMENT IN FUNDS
LN'et
movement
in funds
At
31.12.23
At A.A.23
Unrestricted funds
GeneTal fund
Revaluation reserye
2,402,355
961,150
127,022
2,529.377
961,150
3,363,505
127,022
3,4￿.527
Restrlcted funds
Ukrainian Welcome Centre
174,970
(22,221)
152.749
TOTAL FUNDS
3,S38,475
104,801
3,643.276
Net rnov¢ment in fi]nds, included in the above are as follows..
Incoming
resources
Resources
expended
ovement
in lunds
UDre5trieted funds
General fund
1.249.024
(1,122.002)
127,022
Restricted funds
Ukrainian Welcome Centre
202J12
(224.533)
(22,221)
TOTAL FUNDS
1,451,336
(lJ46,535)
104.801
Page 22

THE HOLY FAL￿IlLy UKRAINIIIN
ARCHY OF LONDON
ATH
LI
NOTES TO TFIE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
17.
MOVEMENT IN FUNDS- continued
Comparatives for movement IA funds
Net
movement
In funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fund
Revaluation reserve
2,136,188
961,150
266,167
2,402,355
961,150
3.097,J38
266.167
3,363,505
Restrieted fund5
Ukrainian Welcorne Centre
174,970
174,970
TOTAL FUNDS
3,097,338
441,137
3,538,475
CoEnparative net rnvement sn fi]nds, included in the above are as follows..
IneominE
resources
Resouree5
expended
Movement
in funds
Unrestrleted funds
Generdl fund
990,018
(723,8511
266,167
Restrlcted lunds
Ukrainian Welcome Centre
272,540
(97,5701
174,970
TOTAL FUNDS
1,262,558
1821,4211
441,137
18.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 3 1st December 2023.
Page 23