Registered Chat2ts- Number :_ 2 j l ?27 sERBL ORTHODOX CHURCH OF ST LAZAR TRUSTEES. REPORT FANCIAL STATEMENTS FOR THE YEAR END 31 December ?0?3
TRUSTEES. BEPORT.......................................................................................................................................... INDEPENDE EXAMINER'S REPORT.......................................................................................................... STATEMENT OF FIN,ANCIAL ACTII'ITIES.................................................................................................... BALAN SHEET................................................................................................................................................ NOIES TO THE FTrANL CIAL STATEMETh..................................................................................................
FOR TIIE YFARENDED 31 Decriniv21Y23 Irs The trustees pre3enttheir reportBith the fillan ststemellts of the charitt. forthe Fear efyjed 31 Detemb- 2023. The trslee& bai."e adopted the proiisi¢n% of Accounting b¥" Cbatilie¥'. StAtetDent tsfRecommetsded Prattice applicable to chatities ptep3riaÈ their accouttts iti accordancenth the Finaacial Reprblls StLdard applicable iti the bl( aodRepubJic of Iretagd (FRS 102) (effectii-e I Saouary 2019). STRbCThI' IE. c01TN.}CE.4h]> Gorerni4o docllment The charits" u CQlltroMed by its gokthioq d{KUm a deerf of tru# aDd ¢onstitute$ anullIQWted cbuity. REFERENL CE.INI).4D.ItLNUSTR4mE DET.4ILS Regisiered Charity number 251221 Principal addre 92 Griffins BfooL. LaLe B30 IQG Trn5tees D ETrao T Petkoi L BogdaLok"ic Iudependent Examiner Nlarneros & Co Lid Chartered Cettified Accouutallts Fwst fknor: Haglei Court 40 I,Icarage Road Edsb33ilJn B15 3EZ 11(2134 ....._ bDard oltrustees on............... ........ and sigaed its bebajf h": og -Ic
FOR TllEYFARENDED 311)eceth21Y23 .4 IndepeDdettt examiDer's report ts the trustees of SeTbia Orthodox Chorh I report to thÈ charity I[e$ ¢XL ex3rAiDatiottof the ccLN2nts of SerbiarL Orthc4So2 Church (the Tru#) for tbeTrear eaded 31 December 2023_ Responal)itfties and basis of rtport .4s the charsti" trustees of the Trust are respoDsxble fwthe prwation of the accouots m dance the requirtments of the Charities Act 2011 fthe Ace). I report respectof mi" exaoitiation of the TrDsVs accourtt3 caThied out under Sertxca 145 oftbe.4tt attd Jn out my tamination I bai"e follotted ait appticable gii"e& M. the c1ty Commtssti under Sectiots 145(iXb) of the.4ct. ItsdepeDdent exaeT'S 314iellLtnt I hai"e COpIeted m}. examination. I Conf that llo m3tutaJ mters hai"e to m5 etitIOn in connection ii'ttb the examiualioLgii"ing me cavt3eto belie&T that in atti"meEtal less accounting records were not kept rn respec•. of theTwst as requKed by Seclion 130 of the Act or the accounts do not accord with those records,. OT the accounts do nol cornply with the applicable requirements coreming the fomi and content of accounts set oui in the Charities (Accourrts a1 Reports) Regulations 2008 other than any requirement that thè accoijnls givè a true and falr v)ew which is not a matter considered as part of an independent examination. I hai"e no toncertts aod bake cotlle across 00 Olhtrmatters Jn conntctioti with the examinatson to atteiOn should be drail'n in this report AIJ er to ellable a w0perws1? of the accouots to be reathe(L r@ tos Marnt[o*MaI3 & Co Lid Marneros NlarcLs & CoLtd Charteted Certified Accouta Fwsi floor. Xaglev cOt 40 1.Icarage Road EdÈbasro li'est klidlands B15iEZ Date: .
Reconunended categoriès b) 3cliiit)- Unrestricted fidS Restricted illcoe fuLds Total Fund5 2023 Total Fullds 2022 Income and endoivments from: Donatioos and Iegacies Charitable actiNities 33.205_21 33.20i_Il 56.558_81 32.392.86 33.898.65 66_?91.51 53.40i.8i oth traditig actiNies InNestmeiits 2.liO.00 2.liO.I)O 9.900.00 9.900.00 Total 77,648.07 33,898.65 111.546.72 109964.66 EeDdire ou: Raising funds ChariTable actliities 11.776.32 11.776.32 20.713.94 60.59?.43 60.i92.4J 39.667 57 3_6i3.23 3.653_2J 6.493.79 Total 76,021.98 76,021.98 66,87 30 iucowel(pea1tllTe) 1.626.09 33,898.65 35,i24.74 43,089J6 TraDsfers betweejk funds 33098.65 (33,898.65) -jet moi"ement R fullds 3%p24.74 35,524.74 43,089.36 Reconciliation 0£ fund5: Total fid5 brought foThkd 637 ?16_07 6J7.216.07 594.196.71 Total funds carried fornard 672.740.81 672,740.81 63 1216.117
Recollwiended categories by 3Ctivity ITnrestricted fund5 Total Funds 2023 Totsl Funds 2022 Fd assets Tangible assets io 251.449.00 2il.449.00 ?51.419.00 InNestrients li 251_U4.00 251.444.00 2il.444_00 Total fixed assets 502,893.00 502.S93.00 i02,893.00 Cuettt assets Cash at bank aad in hand 12 235.iiO.76 ?3j.iiO.76 199.196_18 Total current assets 23ry 5iO.76 235 £iO.76 199,196.IS CredLtors: anjounts fallg due iNithio one trear 13 65.703.25 65.703.25 64.S73.11 Yet curretst as5etslOiabilitkes) Total net asset5 or liabilitie5 169,847.51 169.847.51 134J23.07 672,740.$1 672,740.51 637 ?16.07 Funds of the Charity- Unrestricted fiu 14 672.740.$1 672.740_81 637.?16_07 Restricted income funds 14 Endoiirnent funds 14 Total fund5 672.740.81 672,740.81 637216.07 The fixwicial slateinellts ii.ere apprm.ed b) the Board on Oi-Noi"_2024 alld gigtsed oll its behalf bv: L Bogdalloi."ic Trustee
l Accounting Policies 1.1.4ccollnting Policies The prxncip31 accoun1g policies adopted b!. the Cknity. a public beuefii elltity. In the weparation ofthe accoJJllts are &8 folloThs. 1.2 Basis of preparation Thege accounts kn"e beeEk prepared under th.e IMstOriC21 cost coni.e0iio as modthed b}" the inclusioll of clwitable properties alld fixed asset l'estrnellts alld mi-estrient propenie5 at i"aluatio Thtse accounts bai"e beett wepared tn accordance iiith 'Accouttting and RepOrtg by Charitie5." Statement of Recommended Practtce applicable to charittes preparing their accounts m accordance iiith the Fjoancial Reportujg Standard apphcable ffj the L, alld Reptsbc of Irelalld (FRS 102):: (effectiTr"e l JÈnuarn' 2019) - (Chatitte5 SORP (FRS 102)). the FuJatscI Reponmg Standard app]Jcable UL tbe iJK and Republic of Ireland (FRS 102) and the Clwities Act ?Oll_ These accoutsts are presellted iti pounds sterlwg and rounded to the nearest POUtEd. 1.3 Going concern The Trustees hai"e prepared fLtsancial projections: takitig MLtO CODsideration the current economic cotLOit&oiis and haie, at the time of approThing thtse accounts: a ieasoDable &Epeciation that the cEEarit)" has adequaie resources to cOntUt m opetatAonal existence for the foreseeable fuDJTe. Thus eontinue to adoDt the go£ne collcenL basis of accouaiing m preparing the accojjnts. 2 Income from Donations and Legacies LTnrestricted hllds Total fimds 2023 Total funds 2029 Doaation and gift5 LegacIes i6.5i8.81 31.7ii.21 3 1.755.21 1.4iO.00 1.450.00 3J.20i ?1 33_?Oi.21 i6.i5S.SI
3 Income from Charitable Activities l.Drestrict funds Restricted income fund5 Total fllDd5 2023 Total lund5 2022 actiiitses 32J92.86 33_898.65 66291.)1 i3.405.8i 32.392.86 33_898.65 66291.51 ))_405.85 4 Income from Other Trading Actii'ities An215'sis [TnrÈ5tTiCted Total funds 2023 Total fund5 2022 Sbop income 2.liO.00 2.liO_OO 2.liO_OO 2_liO.00 5 Income from Ini'estments Ao3liryis LTnrestricted fllDds Total funds 2023 Tot31 fimds 2022 Rental and lea5itt 9.900.00 9.9(K).00 9.900.00 9.900.00 6 Expenditure on Raising Funds Total funds 2023 Total fllnd5 2022 All21vsis Staff costs 640.68 Rtnt collectiotL operty repairs and n)aintenance charqes 11.135.64 20_713.94 11.776_32 20,713.94
7 Expenditure on Charitable Activities Total funds 2023 Total fund5 2022 ADali"sis Legabprofes510td fee5 2SO.(K) Wages aod salaries 27.646.96 Charitv management & admmistsrtio 209.5S Charity. llg cost ?7.8 j2.96 ?9.040.11 DonatiOQ5 647.60 6.95? SJ Prititing and statiouerw 2.101_33 Cost of goods sold Support Costs 6i4_(Kl 2.474.63 I.2(.1 1.200.00 60.i92.4) 39_667.i7 8 Support Costs Total funds 2023 Total hnds 2022 -4nahsis Goi'ernante Costs Accouotants fees 1200.00 i.?oo_oo 1200.00 1200.00 9 Other Expenditure ETnre5tsicted fttnds ADahTis Total fund5 2023 Total funds 20?2 J.653.23 6_49J.79 J_6ii.2i 6,493.79
10 Tangible Fixed Assets 10.1 Cost or s'aluation Freehold Land & BllildRngs At 01 Januarv 2023 2il.-149.00 Additions Disposals ReTraluaiions Tiaffjsfets At 31 December 2023 2il.449.00 10.2 knortis2tion and impairmellts Freehold Land & BuiIdtn£s At 01 Januarv 2023 Additions Disposals R'alUationS Transfers At 31 December 2023 IOJ NL'et book 17lue Freehold Land & Buildings Ai 01 lanuw 2023 At 31 Decembet 202) 2il.449.00 ??1.449.00 io
11 Investments Listed llli"estwents C3rr)ryng(fair) Trakne at begillntng of period Add" additions to itii"e5tmeErts during period* Less: disposals at calryiog i.alue Less". impairzneuts 251.444.00 Add: ReN"ersaE of impainneots Add l (deduct):transftr m., (out) in the period Add,, (deduct): netgaiti,, Ooss)on rMIatiO Catrying(fair) 1.atue at end of year 2il.444.00 12 Cash at bank and in hand Total hnds 2023 Total fllnds ?022 Casb at baok and ¢)n hand 23i.530_76 199.196.18 235_550.76 199.196.18 13 Creditors: Amounts falling due Ivithin one year Tot31 funds 2023 Total fullds 20?2 Trade ctedxiots 62.43i_77 60_490.9) ACcnlS and deferyed income 960_00 TLxth"on and sockal security ).267_48 3.422.19 65_703.2i EA.873.11 li
14 Charity funds 14.1 DetaÉts of material fynds beld and moi-ements durin(r the cLqUiET reporting pertod 12
Fllnd balaucè5 brought fonyard Fund balallces carried f0rn2rd Expenditur Fund names Income Transfers Gains and losse5 Ullrestricted funds iinre5tricted Genèral Fund5 637.216.07 77.648_07 {76.021_98) 33.898.6i 672.740.81 Rèstricted inc0e futsd5 Restricted income fuDd5 33_898.65 (33.898.6i} Tot21 637:216.07 111.)46.72 (76.021.9S) 672.740.81 14.2 Details of material fllnds held alld Jnoi'ements duriDg the PREI,IOUS reportllng period Fund b21aaces Fund brought balances forward carried fornard Expenditur Gains lossès Fund nae5 Income Transfers Lfurestricted fund5 Unrestricted Gener21 FuDds 594.126.71 76.930.93 (66.87i_30) 33.033.73 637_216.07 Restricted Income fimd5 Rtstricted iucome fijnds 3).033_7i (33.033.73) Totat 594:126.71 109:964.66 (66_-S7i_JO) 14.3 Trnnslers betR'eeu hmds Thi5 Year 637.?16_07 13
FOR THE YE4RENDED 311)ecemiu21Y23..":" ":': ':: . AoUnt Be'eell urrestrtcted and restricted fund5 BetE4""eett eudoThrynettt and restrlcted fimds Berntell eadouTheGt and uorestrlcted fiknds Last Year 33.S98.6i knount Bem'een unrestricted and restricted fuods Bettieen end0Thent alld restricted fimds Beth,een eadouTJent and uorestsicted fimds 33_03J.73 14