2022-12-31-accounts - Greek Orthodox Church, Margate

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		SORP reference
Summary ofthe purposes the charity as set out in its overnin document	of	Para 1.17	Religious, - Educational, Philanthropic Activities	-Cultural,	and
Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the		Para 1.17and 1.19	Church Services Language and Faith Lectures Activities Supporting Local Charities Dinners for the Elderly Socials and Greek Nights
accounts.
Statement confirming		Para 1.18	Yes
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit

You ma c	h	oose to	include fu	rther statements	where relevant about:
				SORP reference
Policy on	grant making			Para 1.38
Policy on	social investment			Para 1.38
including	program		related
investment
					Donations
Contribution		made	by	Para 1.38
volunteers
Other					Events to support Local Charities NHS	and

	SORP reference
		Meals for Elderly Citizens
		Events	to support Local Charities
Summary ofthe main achievements ofthe charity,	Para 1.20	Pilgrims	Hospice, QEQM Hospital
identifying the difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Achievements against	Para 1.41
objectives set
Performance offundraising
activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's		Para 1.21	Accounts
financial position at the end
ofthe eriod
Statement explaining the		Para 1.22
policy for holding reserves
statin wh the are held
Amount ofreserves held		Para 1.22
Reasons for holding zero		Para 1.22
reserves
Details offund materially	in	Para 1.24
deficit
Explanation of any		Para 1.23
uncertainties about the
charity continuing as a going
concern

The charity's principal
sources offunds (including	Para 1.47
any fundraising)
Investment policy and
objectives including any	Para 1.46
social investment policy
adopted
A description ofthe principal	Para 1.46
risks facing the charity
Other

Description of charity's trusts:		Charitable	Unincorporated	Organisation
Type of governing document	Para 1.25	Constitution
How is the charity constituted?	Para 1.25	Unincorporated membership	association	with wider
Trustee selection methods including details ofany constitutional provisions e.g. election to post or name of	Para 1.25	Annual General Elections	Meeting
any person or body entitled
to appoint one or more
trustees

constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Elections
Additional information (optional) You ma choose to include further statements			where relevant about:
Policies and	procedures
adopted for the induction		Para 1.51
and training	oftrustees
The charity's	organisational
structure and any wider		Para 1.51
network with	which the
charity works
Relationship	with any related	Para 1.51
parties
Other

Reference and Adminis	trative details
Charity name Other name the charity uses Registered charity number	Greek Orthodox StMichael Greek 245190	Church Margate Orthodox Church Margate
Charity's principal address	SWestbrook Cottages
	Margate
	Kent
	CT95BE

	Trustee name	Office (ifany)	Name to a	ofperson (or body) entitled oint trustee ifan	ofperson (or body) entitled oint trustee ifan
1 2	Dr Dionysios Malamis Archbishop ofThyateira and Great Britain, Nikitas	Chairman Honorary Chairman	Annual	General	Meeting
	Loulias
3 4 5 6	Mr George Antoniou Mr Antonakis Ignatiou Mr Michael Dianellou	Secretary Treasurer Member	Annual Annual Annual	General General General	Meeting Meeting Meeting
7
8
9
10
11
12
13
14
15
16
17
18
19
20

					01/01/2022	31/12/2022
Current	Loans	NatWest			-E193,810	-f183,468
		Kent County	Council 1		-f75,000	-f75,000
		Kent County	Council 2		-f40,000	-E20,000
		Government	Loan NW		-E22,800	-E19,185
		PLGP			-f8,000	-E8,000
		Millbridge Properties		LTD	-f7,400	-f5,000
Total					-f347,010	-f310,653
					01/01/2022	31/12/2022
Current	Accounts	NatWest Church			E59,299	E37,180
		Lloyds Greek	School		E4,967	E5,158
		Barclays Philoptohos			f2,312	f2,729
		Paypal Church			f115	f256
		Petty Cash Church			EO	EO
		Petty Cash Philoptohos			E693	f38
		Petty Cash School			EO	E10
Total					f67,386	f45,371

Profit LLoss	01Jan 2021to31Dec2021 &	01Jan 2021to31Dec2021 &
	01Jan 2022to31Dec2022
			31Dec 2022	31Dec 2021	Difference
INCOME
	Advertising
	Baptisms		100	1985	-1885
	Weddings		67		67
	Donations		5634	5176	485
	Goverment Funds
	HMRC Charities		1715	2392	-677
	HMRC Gov Grand			33851	-33851
	Memberships		20	10	10
	Memorials and	Funerals	875	2015	-1140
	Rent Received		42375	46550	-4175
	School Fees		700	250	450
	Socials-Events	Income	1940	2430	-490
	Tray and Collection Box		13175	13338	-163
	Utility Charges	Received	7832	5500	2332
Total Income			74433	113497	-39064
Expenditure
	Accountancy
	Archdiocese of	Thyateira	1700	1340	360
	Charity Donations
	Candles		2104	802	1302
	Florist		653	446	207
	HMRC-FAYE		3350	4134	-784
	insurance		4684	3384	1300
	Light and Heat		5668	4814	854
	Morgage		9358	9200	158
	Pensions
	Priest's Wages		17926	17956	-30
	Print, Post and	Stationary	638	584	54
	Rates and Water		633	379	254
	Repairs and Renewals		4574	655	3919
	Seminar
	Service		552	2524	-1972

Social-Events	Expences			5106	5106	1378	3728
Sundry Expences					644	531	113
Telephone				1600		1422	178
Travel Expenses				875		630	245
Total			60065			50175	9890
NET PROFIT			14366			63322	-48956
Assets &Liabilities	01Jan 2020to31Dec2020 Ik
	01Jan 2019to31Dec2019
ASSETS							31Dec 2022	31Dec 2021
Current	NatWest Current Account 60-14-05			52235742			37179.88	59299.23
Current	Cynergy Bank Account 40-63-77 3026511						0.00	0.00
Current	Barclays Current Account (Philoptohos)				60-14-05		2729.35	2312.25
	52235742
Current	Lloyds Current Account (Greek		School) 60-14-05				5158.04	4966.23
	52235742
Current	Petty Cash Church
Current	Paypal Church						255.88	115.18
Current	Petty Cash Philoptohos						37.90	693.17
Current	Petty Cash School						10.06
Fixed	27 Rancorn Road (Old Vicarage)						260000	260000
Fixed	39Canterbury Road	(Walmer Castle)					688203	688203
Fixed	45 Grosvenor Place	(Old Community		Centre)			200000	200000
Fixed	8Westbrook Cottages (Church		(k School)				180000	180000
Fixed	Equipment						320	320
Total Assets							1373894.11	1395909.06
LIABILITIES
Current	GP PL						8000	8000
Long Term	Kent County Council	Loan 1					75000	75000
Long Term	Kent County Council	Loan 2					20000	40000
Long Term	Milbridge Properties	Ltd Loan					5000	7400
Long Term	NatWest Loan Account 60-14-05 52269205						183468.65	193810.41
Long Term	Government Loan NatWest						19185.02	22800
Total Liabilities							310653.67	347010.41
TOTAL ASSETS LESS							1063240.44	1048898.65
LIABILITIES

Fixed Assets
0010 - Waimer Castle, 39	Canterbury				Rnarl			463,203 00
0011 — Old Community Centre,		45 Grosvenor				Place		200,000.00
0012 - Girl Vicarage, 27 Rancorn			Rnad					260,00000
0013 - Chiircif —School, 8	Westbronk			Cottages				180,000 00
0020 - Plant and lvlachinery	- Cnst							32000
0040 - Fixture' and fittings	—(:oat							225,000 00
								Total Fixed Assets	L'1,328,523.00
Current Assets
1200 - Greek Orthodox Church		Margate						37,17988
1230 — Fnends of Kourelion	Greek		School					5,15804
1240 —St Ivlichael the Archangel		Church						2,729 35
1250- Petty Cash Philoptohos								37 90
1260 — Paypal - Greek Orthodox		Church			Ivlargate			255 88
l2!10 — Petty Cash School								1006
								Total Current Assets	r45,37t.t I
								TOTAL ASSETS	I'1,373,894.11
LIABILITIES
Current Liabilities
1220 — Greek Orthodox Church		lviargate			Loan			183468 65
1270 - Greek Orthodnx Church		IVlargatn			BFIIS			19,18!I02
							10 May 2023 20:34
									Page	1 of 2

					St M	ichaels Greek Orthodox Church
						Profit and Loss Report
						01January, 2022 -31December, 2022
Analysis		Type: Ail, Analysis		Category	Ail
Sales
4010 - Bapttsms						10000
4011		Wecldtngs				67 14
4013		- F-iinerais
						875 00
4015		- Donations
						5 63395
4016		- Tray Collection				13,17596
4500		- Membership	Fees			20 00
4550		- Greek School	Fees
						70000
4600		- Event Income
						1,940 00
4900		Other income
						9,545 55
4940	- Flental Income
						42 3/5 00
						Total Sales	F74,432.60
Direct		Expenses
5020	—Cost of Sales		-	Matenals		2,12550
5055 -		Event Expenses				5,10601
5060 — Other Direc:t Expenses						18066
8212		Chanty Donation				'1,70000
						Total Direct Expenses	C9,112.17
						GROSS PROFIT/LOSS	F65320.43
Overheads
7000 -		Employee Wages and Salanes (Net)				17,926 42
7040 -		PAYE pay tn HMFIC				3,349 64
7110 -	Water Rates
						48 30
						10May 2023 20:38
							Page 1 of 2

					01January,	2022 -31December,	2022
Analysis		Type: Department,	Analysis	Category: St Michaels	Greek Orthodox	Church
Sales
4010		- Baptism'						10000
1011		— IWeodings						6/ I4
1013		— I-unerals						8/5 00
4015	- Donatloiis
								3,96/J 45
40 I6	- Tray Collection							13,l75 96
4600	—Event Income							1,480 00
4900		Other income						2,495 43
							Total Sales		C22, 1	53.98
Direct		Expenses
5020	-	Cost of Sales -	Matenais					2 125 50
50'ff5 -		Event Expenses						3,80/ 50
8212 -		Chanty Donation						1,500 00
							Total Direct Expenses		r7,433.00
							GFIQSS PROFIT	/ LQSS	L'14,720.98
overheads
7000 -		i=rnployee Wages antt		Salanes (Net)			17,9264?
7040 —		PAYE pay to HMI:tC						3,085 16
7130 -		Premises Insurance						1,596 91
7200 —		Flectncity						1 03865
7?10 -	Gas 8 Oil							2 270 7fi
7250 -	Service.
7550 - Coniputei' 8 Software								19 19
					10May 2023 20:43
									Page	1 of 2

Analysis Type. Department,		Analysis
Sales
4015 - Donations
				5300
4.'i00 - Membership	Fees			20 00
4900 - Other income				6 845 1?
4940 - Rental Income				4?,375 00
				Total Sales	L'49,293.12
Direct Expenses
5060 - Other Direct Expenses				79 00
				Total Direct Expenses	L'79.00
				GROSS PROFIT/LOSS	L49,214.12
Overheads
i040 —PRYE pay to HIVIRG				264 48
7110 - Water Rates				48 30
7120 - General Bates				5f34 48
7130 - Premises Insuranr:e				),81074
7200 - Electncity				1,489 54
7210 Gas 8 Oil
				f334 7 I
7250 - Serwce				:31880
7!330 Telephoi'iP. 8 li1tPI'i1Pt				1,082 13
7540 —TV L.icence				15900
7550 - Computer ft Software				619 li
7600 — Legal Fees				929 20
7800 - Repairs and Ren		e wa Is		4,306'i2
			10May 2023 20.41
					Page 1 oi 2

Analysis Type: Department,	Analysis Type: Department,
Sales
4015 — Donatlofis		69700
4600 - Event	Income	460 00
4900 - Other	income	?0500
		Total Bales	21,362.00
Direct Expenses
5055 — Event	Expenses	1,2!3851
5060 - Other	Direct Expenses	101 66
8212 - Ohanty	Donation	200 00
		Total Direct Expenses	r1,600.17
		GROSS PROFIT / LOSS	-2238.17
Overheads
		Total Overheads	ro.oo
		NET PROFIT/LOSS	-r238.17

						Profit and Lo 01January, 2022 -31	ss Report December, 2022
Analysis		Type: Department,	Analysis	Category	Kourettton	Greek School
Sales
4015		- Donations
							92350
4550		- Greek School	Fees
							70000
							Total Sales	C1,623.50
Direct		Expenses
							Total Direct Expenses	CO.OO
							GROSS PROFIT / LOSS	C1,623.50
Overheads
7400	-	Travelling
							63000
7420	-	Hotel and Accommodahon
							244.95
7530	-	Telephone 6 Internet					51744
7800	—	Repairs and Renewals
							20 94
8200	—General Expenses						900
							Total Overheads	C1,422.33
							NET PROFIT/ LOSS	C201.17