Chanty Aegistration Number . 251227 SERBIAN ORTHODOX CHURCH OF ST LAZAR ThusrEE5' REPORT AND FINANCIAL STATEMENTS FOII THE YEAR ENDED 31 DECEMBER 2024 SERBIAN ORTHODOX CHURCH OF ST LAZAR LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Trustee5 T PÈtkovic N Tisma L Bogdanovic S R6disa Charlty Number A•g1St•r￿ Offic• 251227 92 Griffins Brook Lane Boumville Bimingham B30 IQG Indeperbdent Èjcamlner MamerD5 Maicus & Co 40 Vicarage Road Edgbaston 8irmingham, Wesl Midlands B15 3EZ SERBIAN ORTHODOX CHURCH OF ST LAZAR CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Tru5tee5' Report Independent Examlnert5 Report statement of Financial Activities Balance Sheet Notes to the Financial Statement5 SERBIAN ORTHODOX CHURCH OF ST LAZAR TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual ￿port and financial statements for the year ended 31 December 2024 Trust••s' report a141 tSnan¢ial statements The truste@s who are also directors of the charity for the pvrposes of the Companies kt 2006. present their report with the fi'nancial statements of the chartty for the year ended 31 December 2024. The trustee5 have adopted the provislons of kcounting and Reportin9 by Charities". Statement of Recommended Prattice èpplicable to charities preparsng their 3ccouTrts In actordance with the financial Reporting Standard applicable tn the UK and Aepublic of Ireland IFRS 1021 leff8(tive I lanLtary 20191. Trnstees The trustees. who are also the directors for the purpose of company law. and who served during the year to the (tate of Signature of the tirnancial statements werÈ'. r Petkovic N T15rnè L BogdaHovic S Radis Trustees, re5pofisibllltles Statement The twstees. who are also the ¢Jirectors of Charity For Serbian Orthodox Chur£h Of St Lazar for the purpose ol company law, are responsible for preparing the Tw5tees' Report and the financial 5taternents in accordance wlth applicable law and United Kingdom Accounting Standards IUntteLI ￿ngdorn Generalty A(cepted Accounting Practitel. Company Law requi￿ the trustees to prepa￿ finantial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. iniluding the income and expenditure. of the charitable company for that year. In preparing these h"nancial statements, the trustees are required to.. select suitable accounting policies and then apply thern c0n515tent￿.' obsetwe the methods and pdnciples En the Charlties SORP., rnake judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Stan(lards ha￿ been followed. subject to any matÈrfal departures disclosed and explained in the h"nancial sratÈmÈnts.' and prepare the financial statements on the going concem basis unless rc is inappropriate to presume that the charlry will continue in operation. The trustee5 are responsible for keeping adequate accounting re(orO5 that diKk>se with teasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the chaTity and hence for taking reasonable Steps for the p￿ventIon and dete(bon of fraud and other irregularities. Thls report was approved by the trustees afid signed on its behalf by.. /L ogdanovlc stee Dète '. 28 October 2025 PAnp1 nfA SERBIAN ORTHODOX CHURCH OF ST LAZAR INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 IndependeTht Examinef'5 Report to the Trustees of SeTbian Orthodox Church Of St LazaT I report to the Charity Trustees on my examination ol the accounts ef the charity for the year ended 31 December 2024 which consi5t5 of the statement of financial acttvities.balance sheet and the re￿ted note5 ResponslbllltSes and basls of report A5 the chaTity 5 trL15tee5 you are responsible for the preparation of ihe acc¢>unts accordance wlth the requiretnet)ts of the Charlties Act 2011 1.the Act'l I report in respect of my examination of the charity's accounrs carried out under section 145 of the Act and in carrying out my examination I have fr￿lOWed all the applicable D1￿ctionS given by the Chanty Commission under section 1451511bl of the Att. Indep•fident examlner's Statement The charity's gross income dld not exceed £250.000 and l am qualified to undertake the examination by being a qualified member of ACCA I have cornpleted my examlnafion. I confimi that no material matters have come to my attentiors in connection with the examination. which gives me cause to believe that in. any rybaterial respect.. the accounting records were not kept tn accordance with section 130 of the CharTties Act.. or the accounts IJILI not accord with the accounting records". or the accounts did not comply with the èDplicable requirements con(eming the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requ1￿ment that the accounts glve a 'true and fair. view whi£h 15 not a matter considered as part of an independent examinatiors. I have no concerns and have come across no other matter5 in connertion with the examination to which attention should be drawn in this report In order to enable a p￿per understanding of the accounts to be Name: Andreas Marneros for and on behalf of Momeros Marcu5 & Co Oate.. 28 OrtoI￿r 2025 P2[￿. ? nf SERBIAN ORTHODOX CHURCH OF ST LAZAR STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Recommended £ategorfe$ by •rtlvlty otes Uttr•strlrt•d funds Tot•1 Funds 2024 Total Fund$ 2023 Income and endowments from: Donations and legacies 49.869 49.869 33.205 Chalitable activities 85.333 85.333 66.292 other trnding activitles 2.851 2,851 2.150 Investments 10.593 10.593 9,900 TotJl 148.646 148.646 111,547 Expendlture on.. Raising funds 8.899 8.899 11.777 Charltable activitie5 63.128 63.128 60.593 Other 3.232 3,232 3,653 Total 75,259 75,259 76.023 Net Income 73.387 73.387 35.524 N•t movement In funds 73.387 73.387 35.524 R•¢on£iliatlon of fund5: Total funds brought forward 672.741 672.741 637.216 rotal funds carrled forward 746.128 746.128 672.740 Pan•qnfA SERBIAN ORTHODOX CHURCH OF ST LAZAR BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2024 Recommended categorfes by aetl¥lty Fixed assets Unrestr1￿ fvnd5 Total Funds 2024 Total Funds 2023 Notes Tangible assets io 280.456 280.456 251.449 Investments li 251.444 251.444 251,444 Total fixed assets 531.900 531.900 502.893 Current assets Debtors 12 10,574 10.574 Cash at bank and In hand 13 273.407 273.407 235,551 Total current assets Z83,981 283.981 235,551 Credltors.. amounts falllng dve within one year Net cu￿ent assetsllllab511ties) 14 69.754 69.754 65.703 214.227 214.227 169.848 Total net assets 746.127 746.127 672,741 Funds of the Charlty Unrestricted funds 15 746.12B 746,128 672.741 Restritted income fvnds 15 Endowment fund5 15 Total fitnds 746.128 746.128 672.741 For the year ended 31 December 2024 the company was entityed to exemption from audit under section 477 of the Cotvpanies Act 2006 relating to small companies. The members have nol required the company to obtain an aTJdit of its accounts for the year in question in accordance with section 476. The trustee5 acknowledge their respon￿bIlItIeS for comptying with the reqU1￿MentS of the Companies Acr 2006 with respe£t to accounting record5 and the preparation of accounts. These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The financial statefflents were approved by the trvsiees on 28 Ortober 2025 and signed on its behalf by.. L Bogdanovlc Trustee Date '. 28 Ortob•r 2025 Panp. d nf A SERBIAN ORTHODOX CHURCH OF ST LAZAR NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting Policies The principal accounting policie5 adopted by the Charty. whrch Is a publtc benefft ertity. in the preparati(o) of the accounts are as follow5. 1.1 Basis of preparation These aciount5 have been prepared under the historic31 cost convention, as mfxltheil by the Inclusion of charitable properties an¢J fixed asset inve5tmenl5 and investment ptopertie5 at valuation. These accounts have been prepared in accordance with "Accoynting and RepoTbng by Charitie5.' StateTnent of Recommended Practice applicable to charitTe5 prepar¥ng theii acccMJnts in accordance with the Rnancial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021- leffeitive I january 20191- (Chaiitie5 SORP IFRS 10211. the Financial Aeporting Standard applicable In the UK Republic of I￿land IFRS 1021 and the Charities Act 2011 These accounts are presented in pounds sterting and rounded to the nea￿t pound. 1.2 Golng concern The Tru5tee5 have prepared financial projections. taking Into consideration thÈ current economic conditions an have, at the tlme of approvlng these account5. a reasonable expectation that the charity has adequate resources to continue in operational existence for the fO￿eeable fvtuo. Thus they continue to adopt the golng concem basis of accounting in preparing the accounts. 2. Income from Donations and Legacles Analysls Unrestrlrt•d funds Total funds 2024 Total funds 2023 Legacies Other 47.591 47.591 31.755 2.278 2.278 1,450 Total 49,869 49,869 33,205 3. Income from Charitable Artlvities Analysls Unrestricted fvnds Total fitnds 2024 Total funds 2023 Generating fund actiwtie5 85.333 85.333 66,292 Total 85.333 85.333 66.292 4. Income from Other Tradlng Activ¥tie5 Analysls Unrestricted funds Total funds 2024 Total funds 2023 Shop income 2.851 2.851 2.150 Total 2.851 2.851 2.150 PAr￿..4 nf R 5. Income from Investments Analysls Un￿$t￿l￿ed funds Totsl fvnd5 2024 Total ful￿$ 2023 Interest income 693 693 Rental anLI leasing income 9.900 9.900 9.900 Total 10.593 10,593 9.900 6. Expenditure on Raislng Funds Analy$ls Total fund5 2024 Total fund5 2023 staff tosts 966 641 Aent collectlon, property repairs and maintenance charoes 7,933 11,136 Total 8.899 11.777 7. Expenditure on Charitable Artivities Total funds 2024 Totsl funds 2023 Analysls Bank charges Legallprofessional fees Wage5 and 581aries Charity management & administration Charity running cost Donations 220 2.310 280 27.569 27.647 210 29.080 77.853 648 PriThting and stationery Cost of goods sold Total 235 2,101 2.514 654 61.928 59.393 Support Costs 1.200 1.200 63.128 60,593 8. Support Costs Total fund5 2024 Total tunds 2023 Analygls Support Costs Governance C•$ts Accountants fees 1,200 1,200 1.200 1.200 9. Other Expenditure Unrestrlcted funds Total funds 2024 Total funds 2023 Analysis other Expenditure 3.232 3.232 3.653 Ibtal 3.232 3.232 3.653 par￿RnfA 10. Tangible Fixed Assets Freehold i•nd & Bulldlngs 10.1 Cost or ¥aluatlon At 01 january 2024 251,449 Additions 29,007 Dispos815 Revaluations Transfers At 31 Decernber 2024 280,456 10.2 Depreclatlon and Impalnn•nts Al 01 january 2024 Charge for the year Disposals Revaluations Transfers At 310ecember 2024 10.3 Net book value At 01 january 2024 251.449 At 31 December 2024 280.456 11. Investments Llsted Investments Carrylnglfalrl value at beglnnlng of perlod 251.444 Carryinglf31rl value at end of year 251.444 12. Debtors: Amounts falling due within one year Total funds 2024 other debtors 10.574 Total 10.574 13. Cash at bank and In hand Total lund$ 2024 Totsl fund5 2023 Cash at bank and in hand 273.407 235.551 Total 273,407 235.551 Paop. 7 nf R 14. Creditors: Amounts falling due wlthln one year Total fund5 2024 Total fvnd$ 2023 Trade cred5tor5 Taxation and socièl security Total 66.496 3.25B 62,436 3.267 69,754 65.703 15. Charity funds 15.1 Detalls of mèterlal funds held and movements during the CURRENT reportlng period Fund balanÉÈs brnught forward Fund balances chrried forward Galn5 and 1055e5 Fund name5 Income Expenditure Transfers Unrestrlcted fu*d5 Unrestrlcted General Funds 672.741 148.646 75.259 746.128 Total 672.741 148,646 75.259 746,128 15.2 Detalls of materlal funds held and movement5 during the PREVIOUS reporting period Fund Fund balances carrled forward Galns and losses Fund names brought forward Income Expenditure Transfers Unrestricted funds Unrestrlcted enerai punds A777IK 77 7K n?? RÈ$tri