Greek Orthodox Community of
St George the Martyr
Trustee's Report and Accounts for the year ended
315t December 2024
Charity Registration Number: 272135

Greek Orthodox Communlty of
St George the Martyr
Contents
Trustee's annual report
Independent examinÈr< report
Staternent of finanaal artivities
Balance Sheet
Notes to the finanual statements
io

Greek Orthodox Community of
St George the Martyr
Trustees, Annual Report
for the year ended 31" December 2024
The Trustees present their report with the unaudited financial statements of the tharity for the year
ended 31" December 2024
Reference and Administratlve Detalls
The charity is registered with the Charity Commission and its registration number is 272135. The
Charity is not an incorporated body.
Principal address=
Borough Road. Kingston upon Thames, rr2 6BD
Chairman..
H.E. Archbishop Nikitas of Thyateira & Great Britain
Secretary-.
Socratis Papacosta
Treasurer..
Demetrios Marcou
Member5:
Charles Kounoupias
Petros Stavrinides
Vasilios Papalois
Andreas Alexiou
Neocles Papaioannou
Theotokis Hajipavlou
Charalambos Charalambides
The chaiivs professional advisors are:
Delta Accountants
27 Old Gloucester Street
London
WCIN 3AX
Bankers
Metro Bank PLC
One Southampton Row
London WCIB SHA
Charity Objertives
B y such means as are charttable to promote the Greek Orthodox faith and liturgical life of Orthodox
people and Greek Orthodox charitable institutions in the Royal Borough of Kingston upon Thames.
Activities and Review
The objectives of the charity to provide a place of worship and facilities for the education and
religious knowledge for Christian Orthodox have been achieved. The Trust provided Saturday and
Sunday schools for the community and particularly for the younger members. many cultural and
social events have taken place throughout the period. There is also a Food Bank to support families
in need.

Greek Orthodox Community of
st George the Martyr
Trustees, Annual Report- Cont.
for the year ended 31" December 2024
Future Developments
The Trustees intend to expand and improve the quality of tare, education and cultural awareness for the
community
Financial Review
The Financial statements show net incoming resour￿ for the year amounting £46.95312023- £166.4591
Trustee￿ Responslbllltles
The charity's trustees are responsible fpr preparrn8 a trustees, annual report and financial statements in
accordance with applicable law and UnFted Kingdom Standards Iunited Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities requires the charity trustees to prepare financial statements which give a true
and fair view of the siate of affairs of the charity ancl of the incoming resoufces and application of resources of
the charity for that period. In preparing these financial 51atemenls the trustees are required to=
Select suitable accounting polioe5 and then app￿ them consistentlv-
Observe the methods and principles of the Charities SORP,.
Make judgèrnents and estimates that are reasonable and p¥udent.'
slate whether applicable accounting siandafds and statements of recommended practise have been
followed. subject to any material departvres disclosed and explained in thè statement of accounts;
and
Prepare the financial statements on the Eoing concern basis unless it is inappropriate to presume that
the charity will continue its operations.
The trustees are responsible for keeping propw accounting records. which disclose with reasonable
ccuracy at any time the financial position of the charity at the time and io enable the trustee5 to ensure
that the statement5 cornpty with the Charities Act 2011. the applicable CharÈties (Accounts and Reports)
Regulations. and the provisions of the Trust Deed. They are also responsible for safeguardin8 the a55ets of
the charity and hence fof t3kin8 reaSona￿e steps for the prevention and detettion of fraud and other
statement of disclosure of infomlation to Inde￿Ndent Examiner5
So far as the trusiees are aware. there is no relevant information of which the ChariV5 Independent
Examiners are unaware and each trustee has taken all the steps that he or she ou8ht to have as a trustee
in order to make himsdf or herself aware of any relevant information and to establish that the Charity's
Independent Examiners are aware of that information.
Signed on
ehalf of the Trustees..
cratis Papacost
Honorary Secretary
April 2025

Greek Orthodox Community of
St George the Martyr
Independent Examiners Report
for the year ended 31 December 2024
We have examined the financial statements of pages 8 to 10. which have been prepared under the
accounting policies set out in pa8es 8 and 9.
Respecttve responsibilities of trustees and examiner
As the charf(y's trustees you are responsible for the preparation of the accounts, you consider that
the audit requirement of Section43121 of the Charities Act 1993 (the Act) does not apply. It is our
responsibility to state, on the basis of procedures specified in the General Directions given by the
Charity Commissioners under Section 4317llbl of the Art. whether particular matters have come to
our attention.
Basls of Independent examinerfs report
Our 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 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 concerning any such matters. The procedures undertaken do not provide all the
evidence that would be required in an audit, and consequently we do not express an audit opinion
on the view given by the accounts.
Independent examlnerfs ststement
In connection with our examination. no matter has come to our attention=
l. which gives us 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 records and to comply with the accounting
requirements of the Act have not been met,. or
2. to which, in our opinion attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
KKP & Co Limited
Association of International Accountants
46 Syon Lane
Isleworth
MiddlesexTW7 5NQ
E AIA
THE A550CIATION
OF INTERNATIONAL
ACCOUNTANTS
MEMBER IN PRACTICE
29" April 2025

Greèk OrthodoxCOmrnu￿ty of
St Gtorye the Martyr
Consolidated Statewent of Finar(ial ActNities- Small
for the year ended 31M December 2024
Note5
UThrestritted
Funds
2024
LlnrestrKted
Funds
2023
IrKomln8 resouros
Donations
School Fees & Adult Oasses
Fundraising Events
Relgiws Functions
Tray CollettKJn/Candles
Hall and Cla55room Rentsl
Interest Recewed
Sale of School Calendars
Grants
gJndry Income
hool Tuck Shop
Rent ReceNed
122.3LK)
85,416
17.266
229,377
60,554
9,937
11.505
29,303
5,280
1,263
93
20,642
200
434
23.990
6.510
2,180
310
2.253
575
1,965
4.597
Total In¢oming Resources
R*S￿r¢¢$ txperKled
Wages NIC and Pensions
93,619
8,149
19,601
2.321
88.351
4,161
26.721
Repairs & Renewals
Telephone. P05tage, Printing & Statbjnary
Insurance
Motornravel Expenses
Accountancy Fees
Deprec01ion
PrOfeSs￿nal Fees
8ank Charges
Cleaning
Charitable Donat￿n$
Book 5ponsor5hip
Visiting Clergy
Purchase5
Flowers
Sundry Expenses
Zoomlfjoo8le
Archdiocese
Service Charge & Ground Rent
Property Management
Council Tax
Total Resources Expended
6.936
7.236
4.215
6.674
7,828
2,250
5,511
19,421
500
3,750
23.978
1,523
1.837
374
32.292
4.69)
15.577
6,482
533
1.260
502
901
247
Net Movement on Funds
Funds at 1st January 2024
Funds 31st (>ecember 2024
+46.953
1,676.098
1.723.051
+166.459
There were no restricted funds during the year

The notes on pages 8 to 10 form part of these financkil statements
Greek Orthodox Communlty of
St George the Martyr
Consolidated Balance Sheet as at 31 Oecember 2024
Unrestricted
Funds 2024
Unrestricted
Funds 2023
Notes
Fixed Assets
Tangible Assets
1.738.294
1,396,260
Current Assets
Stocks
Debtors & Prepayments
Cash at the Bank and in Hand
10.960
5,576
I￿,825
15,765
5,959
261,808
117.361
283,532
Creditors: Amounts falling due
within one year
Accruals
3,419
1,194
2,500
3,419
3,694
Totsl Assets Less Current Uabiliti
Bank Loan
129,185
Funds
ReseNes
Totsl Reserves
1.723,051
1,723,051
1,676.098
1,676,098
Signed on behalf of the managing committee
March 2025

The notes on pages 8 to 10 fomi part of these financial statements
Greek Orthodox Cornmunity of
St George the Martyr
Notes tothe Accounts
for the year ended 31" December 2024
l. Accounting Policies
The financial statements have been prepared in accordance with Accounting and Reporting by Charities;
Statement of Recommended Practice to charities preparing their accounts in accordance wf(h the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102- Charities SORP IFRS
1021 (effective l January 20151-the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts from preV￿u$ years.
Fixed Assets
Fixed assets are recorded at cost or. in cases where fixed assets have been donated to Greek Orthodox
Community of St George the Martyr. at valuation at the time of acquisi(ion.
Depreciation
Depreciation has been provided at the following rates in order to write down the cost or valuation, less
estimated residual value. of all tangible fixed assets. which the exception of freehold land, by equal
annual instalments on a reducing balance methrAf over their estimated useful lives.
Freehold Properties
Fixtures and Fittings
Icons
15% perannum
Nil
Voluntary income and fundraising expenditure
Voluntary income represents amounts received and recorded at offices and projerts during the year.
Extept in the case of charty shops and fundraising events such as fetes and galas, no costs of fundraising
have been netted against voluntary income.
Fundraising expenditure represents the direct (￿t$ of fundraising.
Contributions
These comprise of amounts receivable dvring the year.
Investment income
Investment income is recognised in the accounts when ri is received.
Value Added Tax
As the majortty of the Greek Orthodox Community of St George the Martyrfs activi(ies are classified a5
exernpt or non-business activttie5 for the purposes of Value Added Tax. Greek Orthodox Community of St
GeorBe the Martyr is unable to reclaim all the Value Added Tax. which is suffers on its purchases.
Expenditure in these financial statements is therefore shown inclusive of Value Added Tax.

Greek Orthodox Cornmunity of
St George the Martyr
Notes to the Accounts- Cont.
forthe year ended 31" December 2024
Sttxks
Stocks are stated at the lower of cost and net realisable value.
Taxation
No provision has been made for corporation tax or deferred tax as the charitable company is
registered charity and is therefore exempt.
2. Trustee director and employeeg
2024
2023
Staff costs, including priesvs remuneration
were as follows:
Priests Remuneration
Teaching Staff
Others- Cleaner
32,884
56.450
4,285
33,087
48,748
6,516
3. Taxation
All of the charitws income is applied for charitsble purposes and therefore the charity is exempt
from corporation tax.
4. Tanglble Flxed Assets
Freehold
Land and
Building5
Fixtures
and
Fittings
Motor
Car
Icons
Total
Cost
as at I"January 2024
Additions
1.295.886
349.273
264.809
9225
38,OChJ
1,607,920
349,273
Depreciation blfwd l Jan 2024
Charge for Year
209.815
5,763
1.845
1,476
211,660
7,239
Net Book Value
at 31 December2024
at 31" December 2023
1,295,886
54.994
7380
38,0Tr) 1,396,260

Greek Orthodox Communlty of
St George the Martyr
Notes to the Accounts- Cont.
for the year ended 31 December 2024
S. Stocks
2024
2023
Candles, Calendars etc.
Food Bank
2,260
8.702
2,510
13.255
10,962
15,765
6. Debtors
2024
2023
Insurance Prepayment
Sundry
5.576
5.959
5,576
5,959
7. Creditors: Amounts falling due within one year
2024
2023
Other Creditors
Accruals
3.419
1,194
2,500
3.419
3,694