Charily iegisttalion Trumber." 28?44 Patriarchal Stavropegic Monastery of Saint John the Baptist Amiuai Rwri and l.in8n¢ial l()r ihe Year F.n¢kd 11 IkY¢mb¢r 2071 Ju&1 Audit & AuranCe L 37 Morkei Square I)X28 6RF.
Patriarchal Siavropegic .Monasler)' of Saint John the B¥ptist Contents R¢feTenr¥ and Adniini51raliv¢ lknil% Trusiees, Report 2to4 -8ialL'mtnl ofTnLSI¢L5' RestsibilItI&5 IndeTKThdent AudiiiwN' Rq)orl 61(>8 talenni Ot-1.'Lin£10J Activities lJalani* Sh¢ C'as]1 flow Sialemeni 1210 ?1
Patriarchal Stxi'ropegic Mi onasiery ofsaRnt John the Baptist Reference and Adminislrative Delai15 TTUStees The Very Re%'ercnd kn(himanthi"ie Peier 'nKimaN Cartel NIclIa5 Kleade l)anii'l MIC'arfh)' ?8?448 Ch#riti' ReatlI0 Number PrlDclpl oifire Tolleshuiii Knights LMIJ XE. Audltor Jusi Audii & A%5unincL l.ld 17 Markd %4uare Wiiniv OX?116RI.' ReL'&RushLII LI.P ALLN>uniani 17 MJrk¢i Squa WiinLy ()X?11 (IRF. Bxnker Harilays Ilaiik Ibl¢ 1.1.'¥7 211B Lltiyds'l"%EI Ilank PIL MJTkil %ciuar¢ Aykn.bwy Bxi 11 i. Flnan¢ll Adi'iler Fairmone FI[nCl81 Malw8(Thl Limit ChLIIL'rn L'iiurl Ba¢k Wyiithiier IIP•7 61."P Sollcltors IJawlr & (IS NLM'larKI %treLt WJilJani C'M14 IAB Pa8e I
Patriarchal Stavropegic Monastery of Saint Jobn the Baptisl
Trustees, Report
"Ih¢ InL&lLI'% pf¥seni th¢ aonual N'w)n 108¢th¢r wilh thL fllmncial ofthe charily for the year cnded.I I
tkc¢inbeT 207.3.
Objettii'es aDd AttiTr'ities
Objects 17nduims
'IIIc LIrITY wds riLat¢d iii pii)i"ide a mi)na%l¢ry' iinJ th¢r¢by prc)t)M)i¢ Ih¢ 01th)X laith. It LurrL'nily nuinbL4'% 19
n)nks, 11 nuns and I pL)siulanLs las al I lil?'?Q!?. 18. .1? and I te%111.¢1y) and a¥¥¥Pl% ¥andidai¢ l)l- all
naiJotialiiiLS. I'hL tJK)IHslLry 15 C)Pit) 10 I1 publtL who arLTr LIC[)m 10 11% daily >iT%'iLL% Lind iiihiT aLIiviiiLS, 111
USL Il% t11711¥% li)r eoun&L'lling dnd ipiriiual illjd inLxitsI rL'8enL'raii()Th Ihe lar8e nuniber ol- such vi5Jl()r
rLIiiiiF¥d Ihr UL(1111siIion iiini'¢Tiiir) Iil'iiddiiiuithl pr¥mi% IcJr Ilk'ir llse.
li ha% a EKxJkshiip for ihe 5a1¢ ol-Fx>oks aTMI oiher article5 relevani i() Orth(MItTrK Chri1lty.
mL.ni.rhip lif ibL. MiinttsiL'ry rLWILiTL% knkin¥ a ¥4Jw c)I' w%'eny. and IÉ) (b]e nK'mkn.. ILI fullil Ihcir lilel()n
Liitnniilininil li) lull TK.. 8wuli. in il% ¥rn'iiL. Ik. ML)nos1iry pi4)vid¢s ttir ihL. ba%ic JiLLds h(Iih cJl- uciJvL'
niLnibLY5 und Lil'th05e In r
Patriarehal Stavropegic Monastery of Saint John the Baptist Tru5tees' Report (continued) Stru¢ture goi'trnaDee and mtyxgement 'nJe ijion&8iL'ry L%iablLshed 25th frilmiary 1965 by th¢ P¥tri¥h tsl. Ci)nsianiinw)l¥ and ils Fc)undeT and liryi %up¢nuT 'fh¢ Very R¢vrt¢nd Atchinndte S(yhiony li .S esiablish an Ln8114h Lhariiv by a iiviyanLL ICI iruslLX5 (14led 1st AUS41 11)()7 I)d o cl)ntirnt0ry tx'aling w'iih L'hariiablL Siaiiis dJied Isih March 19RI and re8i4iered al IhL (JrIlY L4)innW%Si as ihe Comniuniry i)r %aiiii John Ilk. 13apii%l iindL'r r¥81%11oiion nUMr 28?4411. R¢vrniTlmenl und4TppwnlmeRlofmislees Ihe ol'apw)irbiin8 addiii¢)rha] ITusletr i4 iysled in ihe TN5ttts. ArNn%emenls[or 5eni4T% kry reJNMn¢rnlio I'hL V. KL'V Arihiin Pi¥t¥r ur>d I"Iii V. R¥%. Ahlin Kynll art. nicn)IKY% {}( Ihi Muiwl¥ry. aiid a% suLh. Ihlii living dnd oih¢i ihriiuBhi)ui i1. y¢ur wKri bv ihi C'harily No I'ru%lLx TL'LLIVL'd uny rLniunL TIIIII)11 or riimt>uts¢m¢ni dunn8 ihc cent or wevious year. W)111 Ihe con%eiit ol. IIK. Lhuriiy L(Mnmi%si()n. thL. MotiJslLry ha rAid a ryemium rty I'rusiees, itLsufdn¢¢. Ihe cliarBL Ln Ih<'sL' aCLoullis Is £2.?59120*2 £ I,1) m¢ludiii8 Insuran¢¢ Pr¢mium"f4x I IIL (luy.i(i-day lliiJvilJr% in Ille hwids c)l- IhL, Sui)Lrii)r ijf Itk. MonaNILry. a rLrniwiLni aprrf)iniinLYil inJdL. by ()mm(in L(IIJSL'lIt LILLtJon of il% 'lliL MLindslLYy 1% dirL'Lily rL'SP)ll%LblL ILI ilk. Ilairitirlli ul. Page 3
Patriarehal Stavropegic Monastery of Saint John the Baptist Trusi¢es' Report (contbnued Moiornsks ofihose riskn 'I'he major risks io which . charity 15 ixwd. as idcnlifi¢d bi. Ihc TTuslets. hav¢ b¢rn rL.viL¢l and iysiems Iwve bren Lldblish¢d iu I1111¢ those rI-S. FiDnel•l Instruments ()bjeclives alldpolicies InvLwlm¢ni rM)liiV and reserves As Ihe niLmkT% of ihl Muna%ry ¢aii eKttti il ID SUPtM)rt ihem for the whole ot- Ihelr liv¥s. w)ieniial lonB-ienn rLI'¢nue ¢xFtE)dilurc is Nubsianlial. "lTh¥'f4 can b¢ n(b 8utsraniL Ihai Ihe iurreni levcl iifJ(xialLiin4 will Lx>tJlLJIIIL indL'lit)IiLly. I'hifLlI)ri. I. 'Iru4lL IILY 14 14) In¥i%l Iuiig ILYM luThd L'%'Ln Lupjlul L'XPLI)diiurL' l)Ut i>l- UTpIiL% iiI%'L'¥imeni inL1x.. Ir. a% i% IN)pid. thi Miina%liYy ¥xpand% an&iir uiirJLl% iiiorL' Vlgiiofs eviyi nwT¢ P11&] expendimre will requkred. whiLh will al) ha¥'e 10 bc liind¢d In)ni il& iDvi%im¢'nis. I"hL' lurg¥ nutnk,r L)I' vi%iiors IIK. Mthia%lLry fLLLiVCS altLady NITLILh il% fJLillii¥ und ll largL'f ihapLI dnd uddilic)liiil Tl'%id¥nli41 aiuimni(KkniicTrn #rL alrLaJy Ln 11) be requirL'd. Wilh ihi% iii inii)¢l ihL 'I-iusl¥x%' ()hjL'Ilivi ri iii n)axJmJsL iiilal twids (in a l(InB-ILYlli wilh # rdll8L' L)I' In¥L'Nin)eni¥ ol- tThyJeialc n4k Iwili an ppri)priolL' PTlllX)rtii)n Ln (icTr¥'LmnKni %i(Kkl IcHvin8 50¢1al, and L4ihiL41 cun4idLTaiiiin% tu ih nian41¥¥1S C)l-Ih¥ lurbJ% in whi4h Ih&y Ili%ib%l IriNLs1n)il Pciw¢rs Inv¢¥imLni ¢J¢Ll¥I()n¥ wrr¢ i¥k¢* in a¢¢ordaL with Ihe wovisions olihc Truslcc Acl ?01 l. nie anoual r )ri wa" approVLd by Ihe tin.Q..i.i.Z2Aar¥J 518ned on ils b¢lwll'by'. I'h¥ V ry R¥VLY¢nid Ar¢h1nNdnIt Pei¢r Trusire 11Jc)nia¥ L'arlLT Trusiee NLihiiltts ML'a I"nJsiee Danicl McC•nhy I'TUSt PasEe 4
PAtriar¢hal Stavrnpegic Monasiery ofsaint John the Baptisl Slatemenl of Truslees, Responsibilities Th¥ iTU%liL4 4ri r<%p()nsiblL fc)r PTI'paiing i. ITusI&L' ILtMin th¥ lina1¥] sldlLtJlLnis ID aLLiiiddnLL Ilnited Kiiigdom Aclouniing Siandards Illniled Kin8dom Ciaictallv A¢¢ Arci)uniin8 PraLIILel and applicable law and Te8ulal1oT. 'riie law appliLablc 10 cikiriiie4 requirL'S I. InJsiLX'S ILI preparL tinala7 sthienien15 fly eacli li]ianLial yLar w'hich g]vL a iw¢ Jnd lair vi¢w ul- 1¢ %14 ol-at]air% Ill- the 4han.iy and of irtcomJn8 fLoufLLS ld appliLaiiiin ol- IL%(iurcLS ofthi. Iharily rot Ilwl petiod. In priyanny .¢ fiawnLi#l siairnis. lh¢ ar¢ r¥qiliW'(t Io." sel¢LI suil#bl¢ aLLLwniiE)8 WILL1L ajxl thi apply IhLni L5151l1ly. thi mLih(Nh piiniipli% in thL LhanliLs S()RP: nidkL'.iudBL'illEml5 Utid Lbihn)aiL'S Ihai arL' TL'awnable aThd Pr1., d1117e arbj explained iii Iht firwicial %luiernenls." arwj pIL'porL' lh¢ Iir)an¥i&l %ldtLll¥iii% on th¢ gning ¢()n¢¢rn b¥is unless li is inappropriat¢ 10 rffc¥ume thai the Ll)urity wll ¥i)T)IiiiuL in bu51niys. Th¥ InJsiL'L'% arL fLv(lIs1ble tLir kLLPID8 pfop¢T aceouniin8 records that disclose wilh rea&bIL accurdcy ai wiy IJniL IIIL linanLial w¥ilion c)l-Ihi chanry Liiablc illem Ic) Ln%ure Ihal IhL liiiancial Ll)Enply Wlih Ihe LhariiiL'% ALI ?111 l. Ik. LknriiiLs IAuuuThi% thijd RLwns1 Reyulaiii>n4 2¥. Jnd lL Pll)viMioii% (51. IIJL ¥(In%liiUtion. 'Ihv Arl al) r¢%ix)ii%iblk lor tL.uarding ilk. A%SLls lif IhL' Lhariiy aixl hL'llLL' liir Idk'ing r¢o$1)nabl& 51¢p4 li)r the PTev¢t)iion and ¢J¢i¢¢iion ol. IT8uII And oiher iffe8ylariiies. )ti gppr()vcd by ihc Inislc¢4 on c¥ ioA£Knd on ils IK.haifby'. I'h¥ V¢ry1i4k¢ I'rn%tee id ATchimandril¢ Pder IPCoLr ILhola4 l)aniLI Lcarthy Pase 5
Patriarchal Stavropegic ,Monastery of Saint John the Baptist
Independen¢ Auditor's Report to the Members of Patriarch41 St4Trropegic .Monxstery of
Saini John the Baptist
Oplttlon
We hav¢ uudiled ihe lirwiLial Nialvm¢nls ol- PJlnarihal %tsI'rogic MotjaLry of Soini John IIK Bapli%i Iihc
'Lhunty'l lor thL year Lndcd I I IkxLYn1[ ?02.1. LOIDWJSL. IIK. %iaiL'mLml vf TriiiaTrcial AiliVIIILS, BalunLL
heLiI. L'ash Flow. SthiLmL'iII. atkd Noies 10 Financial Sial¢nKni%. InLluding a Iumniaiy ol- signiliL41ni
LOUlltiJig ]x)licies "Ilie IinatJLLal rLV)riin8 trdintwork ihai has be¢n applied in Ih¢if pr¢pthiicsn is lJnii¢d
KingJiin) A¥4uuniiiig %Lhndard%. ¥0mpri1t18 C'liariiiL'S %I)IiP - I.'R% 10? 'IhL FiiianLLal RLIMirtin¥ Siitndard
appliLablc iii ttie IIK and R¢publi¢ ol. Ir¢lJThl' aThl applicable law Illnited Kin8dom &iiLrally Accepd
ALcouniins Praclic
Patriarchal Stayropegic MoDastery of Saint John th¢ Baptist
IDdependeni Ayditor'5 Report io the Members of Patrbarchal Staj'ropegic Monaster> of
Saint John ihe Baptisl (coniinued)
W¢ have nothin8 lo T¢rt in ihi% Te8ard.
Mttery on which we re required to rtport h). eicep¢knTr
In Ihe li8hi i)I' nur knowl
Patriarchal Siavropegic Monastery of Saint John the Baplist Independent Auditor's Report to the Members of Patriarchal Slal'ropegic .Monaster) of Saint John the Baptist (continued) A further descripii()n ot. our resrrt)Thsibiliiies is a'allable on the Finalla1 Rewiiin8 Council'5 web511e al.. WI.1[.()[S UadILl)rSre$pts05iblIt1i¢s. "lljis descnpiion torn part of our audi1 s repon Ule ofour report I hii fL'PC)rt Is InddL' solely 10 die chan.ty mlee$, as a trfmly. in acl0rdwc with S¢Ltion 144 nf t. Cl)]11CS Aci 2011 wjd T¢gulalic)ri% unJ¢t ¢Xiicbn l 54 11l.ihat ALI ()ur audit WI) h&8 kx'n underiakeii yi Ihai W'L ini8hi 51aiL lu ih¢ Iru.%i¥e5 lh nwli¢Pi arl 1¢4UIT¢d iu 5181¢ Ics tniSliY% In audjiors, TerAJn &nd for oihL'r purposc. 'I'o IhL' fullL41 Lxieiil PLrniiiicd by la. dii Tboi acLipi ur atssum¢ TL'%FMinsibilily li) IiJiyi)nL Iiiliir Ihwi IIK. Lhariry and 114 Mstees os a b(. tor Iwr aj1[ Work.. loi Ihis rqKKI. 1?r Ivr ihv opthions we Ivi Icimild. ILaihan KussLII I%LniJor %iaiu14)ry Audii4)r} l.cii un t%'lMII'ufJu&i Audil & A¥%urana. I_. %taiuiory Audit( 17 MarK'ii %quaf¢ Wiliicy (IX?11 (IRF. l)aiL'. Ju¢ Audit & A%%uidnii l.ld 1% ¢118ibl¢ for app(Trintmeni 95 •u41iior of the ehariiy by virtllL' of ils eli8Lbiliiy foT ppuinlincll¢ a% audilL)r ()I'a kthnpany un¢kY >Lx1ii 121 ? i?f thi A¢1 2 Pag¢ 8
Patriarchal Stavropegic Monastery of Saint John the BAptisl StAtement ofFinancial Activities for the Year Ended 31 December 2023 urestriCted 2023 Total 2023 Unrestricteil 2022 Resiricted Note Ineomc and End0Men¢1 from: Don1( tiolls lind legacies 857.157 381.851 171.213 12.209 869.3( 381.8.fl 171.233 632,880 117.K20 12l).7$1 To11 I Incoillc 1.410.241 12.209 1.422.450 ¥811.453 E¥i)enditurc on: RiliSIRLJ fuiid5 C1?ariilblC aciii'itics Goiern111CC COSIS (68.074) 1724.9141 14.-560 168.0741 172().543) 149.2241 172C).780) 1.3.8381 (1.629} To1411 ENpciidiiurc Giiiiisllosscs on iiii'cstnicnt ¢isscIs 1797.$48) 11.6291 1799.177) 1782.8421 1 $4X.575 1.548.575 1.798.11.72 Nei Iiioi'eiiieni in fiinds 2.161.268 1(1.5VA) 2.171.848 1.1.71)0.4211 Reconciliiilion of funds Toial funds brouglil foNard 24.775.¥()4 24.715.81)4 2X.43C)..I1S Toi¢il fiinds Cdrricd foni'ard 16 2().%l)7.1(>2 11).s¥o 26.l)07.742 24.714 8()4 All of Ili¢ cliiirili"'$ 4lClii'ili¢s d¢iii'¢ froiii coniiiiuing 0rjIOns during ihe atthr iiio pricj$. Tli¢ filiids bra'ikdoii-ii for 2022 is slioii 11 In noi¢ 16. The noies on pagcs 12 to 21 form an inicgral pan of these financlal siaieinenis. Page 9
Patriarchal Stavropegic Mi onasler). of Saittt John the Baptist (Registration number: 282448) Balance Sheet as at 31 December 2023 2023 21122 Notc Flx¢d assets l-an8iblL a%5¢15 Inve51rnth)tS' 10 5.571).11 20,215.980 4.082,112 19,591.ll20 75.815 110 11.671 1 /2 Current a15ets Iixk Debior L4h ai bat)k and in hjnd 2511.404 2L),456 )5.226 2(H.287 54,7114 892.78? 13 ?75.(186 1.151.77.1 Cr¢dltorq: Amounli f¥lllni dut wl¢hln on¢ )'¢•r 14 IIY?.4541 Wet current AJets l.(P)ry,{).12 I.IKiry 7()2 NL't 26,<J117.742 24,7.15,y()4 Fund% i)f tl5¢ ch•rl¢)': Re%lri¢ttd in(nn fuThd 111,5140 Unrn'ilri¢¢ed Incorn¢ IlniL%iriLtLd lund ?6.¥l)7.162 ?4.715.¥1)4 Tot1 16 2(I,W7.74? 24,715.81)4 ath¢ annual repc w8¥ #ppr()ved by the trnstee% li sEwd on IES IK.haifby'. I P&fU. 'rhe VLry "rrusiee Archimandn"le Pel¢r Thi?nws (Jrtiy I'TU51e¢ ad¢ l)a ccarthy l Tu¥iL"¢ The rwi¢% pagrs 12 io ii fomi an ithie8Jal pan of ¢115e financial al¢MCni%. Page 11)
Patriarchal Stavropegic Monaster) of Saini John the Baptist Cash Flow St4temeDt for the Year Ended 31 December 2023 2U23 2022 C44h flows fr1 op¢rlin¥ •¢¢li'iti NL¢ cas11 inLOillLI{LxndJ.IUrLI 2.171,848 1_1 7110.4111 Adju¥tment% to c$h flow5 from non-e45h itenkq Ikp¥¢cioiii)n io 11,502 5,40() RL'valuaiion ol ini'e51rnenis 11 $4X.5751 1 7l)8.012 4(51.542 1?6.74?) Wnrklhi rpStl •dJ4JtmttJ 4C).117) 25,248 1.441 2.477 {17,541) C)4.977 1kYasLl(Ini[¢4l in J¥bior5 InLfLQSL In irL'Ilii()r% 13 14 NLI La4h ITI)In c?p¢rJling a¢iii'ilie 516.116 CM%h tlii% fribm in%'e%tlnR ¢tiI'ltit% 171.21J 11.5(N.11201 51)0 12l).733 1559.521)) Pur¢h&%k ol'thnBil)l¢ red as%e15 ali ()I' liiii¥ibli Iixid 10 179.l)Ul I 11.C)15 N¢1 La%li Ilows Iriim iiii'¢iiing ailivitiis 141A.(>7 NL•I ITLaSt1[deLrc0$L.1 Lil Cas11 al c85h equivalent% 102.444 14¥5,8(Al Lash und casli LyULvalent5 ai l JanuTrry Lash and Lasli LYULvall5 ai.11 Dgclnnbcr 89?,782 1 178,(A(I 995.•1(1 8()).782 All c)t'ihe Lash tIows ttiL. dLYived Irom LX)nltmuin8 c)waiions durin8 ihL ai¥)ve two per1J5. The noie& ITn P8Bes 12 10 71 an itiiL8fdl pan 4)f these fital slaiemenis. Pa8¢11
P4¢riarchal Stavropegir Mona$iery of Saint John the Baptist Notes to the Financial Statements for the Year Ended 31 December 2023 l Aetounting polieiel Statement of cornpliAre "I'h¢ lin1nl1 %lai¥niLNi% lui'e pr¢para in a¢¥Ord' w'ith ilk second ediiioii i)I' IhL' C'haniLL4 %tsiLmLnl ol. ReLiinImLdLXj Pf(wiILe in Oci(thr ?019. IhL' FinanciJl %tathTd appliLablL' in ihL UniiLJ King)Ji)In and RLpublii c)I' InlaJHI ITrR% 1021 thL' Lknriijes Aci 2011. B%1% of prep#rtion l)¢ilri¢irihal %lillTI)tKgi¢ Mona%l¢ry ol'%aini John Bapiisi ihe definition of a rbIlL benetil enlilv under l.'R% In2. '1'hL Ilinankial 51Hl¥wtKnll hfj%'¢ bel prLry)afL.d uThlLr ihe Iii¥ionLal Logl LonvLniii)n wilh Iil'iiis rLXCIynlSLd at Llbl OT IrJn¥aLlll volu¥ unIL4 vth¢rwiyL ihl rLl¥wani iij IiLLXIUIIIS. Guin% euneern 'IIJL tN5teL'% Lc)nsider ihai Ihere are nL> Aleal urK¢riait)ii¢s the chaniys abiliiy io ioniiDV¢ as a l)in iiinLLm. IDCOrne eDdOWn nalurL' 14 TL'LI)8nisLid the iharity hus Liiliil&Thnl lo ihL LIK()nw. Il is pnJbabl¢ ih41 ihi inicbn)I will bi rLLivL,J atMI thL' alllUUThI Lan nk'a5ufLxI wid) sulTiLienl rL.liabilily. DDnAtlun Mnd It%#¢lcy IX)iiuliÉin% lTL IILdilLJ whim rtselv. l.¢wies •ie ¢rall wlxbn th¢re is certainry ol. reLeipi and ainnI can bc Enea5ured wjih rLa%()ThablL LKrtaiiily. .1] os ts l¢gth¥y L)1. £12q $96 pr¥VlC)usty r¢¢L4v¢d. tk Molstery has bLYn expccllng a furfliLr amounl. Lslunulld 41 £lll.IKK>, rEp%.lIng In4m?n whikh in . friim WIK . IL¥aLy 4hould huvL 'Ln rLcLi&cd but Ihi l.-XCLUt(Ir diid and leyl l(>rntsliii¢5 hove y¢[ io be n¢1d. Ihe anM)uni limin8 in8 uiILLrtuiJi. noihitL8 LS hncliMIL'd lIhIn thL'SC acciwnl4. Inve,flmenl l)ifvidL'iid% tirL' TL'LC)¥nised OThLe il diNi&nd en ¢kclared and nlI1¢all0 been T¢cciwed ofilJ¢ dividcnd Booksh(bP lkn¥ %idlemeni i)I' Re¢ommen(kd Praciice require5 ihe shrjp sales and expense4 10 8ross in the IILei)Ul11.%. as 'P&rale inLx)niL' and lKnditure, sil a8aLnNI Lych oihei Thc 1311er (Inly Illi iicl rc?%l cil- s)d5 sold, WLihL)111 4Lpwnicbrthient ol. oirhead ex&$c& which hai'e tK¢n ignored I"h¢ n¢¢ profit on %alL. vn thL% hdsls. w¥s £192.1_14 {2022 £1_1.05I J 'nic l>wkshop only se115 Ilcms direcily conneded with the chotily'5 pnn]4ry PUT. thl]Y knks and ILoA8. PaBe 12
Patriarf hal Stavropegic Monaster). of Saini John the Bplis¢
Notes to the Financial Statements for the I'e4r Ended 31 D¢cember 2023 (continued)
EJp¢Dditur¢
AII Lxpindiiure LS reeo81]LSLd once there is a leoal or c151n1Cl1Ve obli0all( th ex[litu[c. Il i4 pi(Ibabl¢
SLsiIlLllLW1 is rLyiJifL.d alld die am(NJni can b¢ mL%ured reliobly. Irrecoverablt VAT is inLluded with ihe ileni of
Lxp¢n&¢ io whiLh li r¢lJl¢s.
Educxtion Costi
A WLII as tJi¢ direci cos1% ol. siuth'¢s by m¢mber5 of th¢ Mi)nasi¢ry. ther¢ Is consÈderable exr&ndirure on ih¥
PIIIVLNllltJ (Irb)k& l£)r LhildTLn and i>ihLY. M'hiLh JN thLTLIiiTL rii)i LcMAidLrLJ 111 . purt cil'ih¥ thi)P L'XfvJIS1S.
"ll)L%¢ ill.l L()%1% uicurrtd in aitr&clin8 voluntory In¥on. lh¢ mana8thneni of inv¢&inwnis and Ihos¢' in¥urT¢d in
Iradjiig &LILVLILe5 Ihal raise funds.
C'h4rildble aclivilies
L'harithblL LKditUrL. compiJ%L'% ib0 Los1% IticiirTL'd by I Lhariiy ui delivery of Lls aLlIN'ilJL% and sL'r%'Jces
lor ils bL'nL'IiLidrii
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Patriarchal Stavropegic Monaster). of Saint John the Baptist Nole$ ¢0 the Financial Stgtements for the Year Ended 31 December 2023 (Continued) Fixed yset ini'e4tmeDtJ Fixed J%SLI in'l11eDi. l)th¢r than pwgtamTllV r¢lai¢d ini'¢sthKnts. are in¢Iled tti mark¢i valuL' at the hal4nL¢ 5h¢¢i dat¢ Rea115ed a[ 104%es 17n inVnen[5 ari ralrulaled a5 ilx. ditYeT¢nLe IK'lU'¢en %411¢s proLeed% tui IhLir inaTkLt valul ai Ihe ¥ian i)1-t. Y[. or Ihiif 5ub4LWLIII Losi. aThd aTL chaTscd 01 irLdiiLd lii Il)L %iaiLrnLYil ot'FinaThcJal Acliviiies in IhL rxyiod ol-di%wl. UnralisL'd gains Ic)s f¥pr¢x¥ni . nln.l in mJwk¥kni values durijjg thL yr and are Lridilid or chArbi¢d i(} Ihe ofFJnancial Aclivilits bay¢il th¢ maTkd valu¢ ai lh¢ year Lnd. Bnfjk¥hDP Stock IOLk i'alu¥d dl Ili¢ low¢r ol'¢0st and r¢olisabl¢ ofl¢T dw T¢8ard lor ex¢¢ssii'e holdin85 whi¢h are noi C¥J¥h xnd rh ¢4uli'ltDts L'as]i und <4U)b'dlLiil% uimpnse lin and call deP[lIS. and (AIK'I %hort.limi hiBlIl! 114uid iiiveslin¥ni% iliai ar4. f¥%idily iM)IiN¢llibl¢ li) a kntswn inM)uni of Cash and ar¢ subJ¢ci io on in%iyi iiliLwii risk vl. haii8L in valuL. FuDd %tru¢ture lJnri%iri¥lLcI in¢iiniL lund% MTe 8cra1 tiuKL4 iljal orn avatlablc for ai the 1rn5ttt%' dire170 in funhLYatiLc (?[ IIK. ubjiiivLs ol IhL' Lhurily. RL'siriLILd iiiLoinL' lunJ4 arL' IhuK. d4)llaiLd for LL%¢ in a pthrticukni area i)r fijr sLif1( PurymM. Ik. USL. (trfwhi¥h 1% reslnklL.d IIJ that Jr¢a t)r puryN)&¥. PaBe14
Pairiarchal Stavropegic Monaster) of Saint John the Baplist Notes to the Financial Stalements for ihe Year Ended 31 December 2023 (continued) 2 Jneorne from don4tiODS and le%acies Uoresirieted Total 21123 Re¥trittrd 2022 Voluniary iTKOrn¢ IkniiatJi)Ths &nd IL8aeies tiill L1id r¥'Llaini¢d PLIIIICSD 12209 8?6.616 2),807 57¥..IC 26,641 ?1.857 4.022 (IR2.11%0 3 In¢(Imr from ch•rftbl¢ ¢tli.lil¢ Utsr¢%irld¢d Tol41 21123 Total 21)22 Iltmikshop IXl,Y51 4 In%.lment iThtornt Unrexirbd¢d Tolal 21123 To¢ul 21)22 InlL Tcst rLLLivablL and ¥imilur iiic()M¢- 6.488 l(A.745 CMhLY invtslnnl inc()mc ?9.751 171 ?11 E%penditure oth rl81ty% funds G¢nrl Tot1 2023 Tot41 2022 C)Iher invesimeni man*$L1 L05ts". Admini%iration of the inves1nnIS 68.074 ()8.074 49.224 68.074 68.074 49.ti24 Pa8e15
Patriarchal Siavropegic Monasler) of Saint John the Baptisl otes to ihe Financial Statements for the Year Ended 31 December 2023 (continued) Toll 6 Eipendlture ¢h#ri¢#hlt ¢lii"hks Unre¢t¢d Total 2023 Gener1 Restricted 2022 11(x)k8hLIP ALlivIlii undLriJkl thrLxiIy 1¥1).517 515,197 Iyl).517 5.17.0?6 <)4.761) 6.75,011 1.(,?9 724.()14 1,(,?9 72(),-$41 Tot1 ¢xp¢'ndltUT¢ 7 Anly%l% ofRo%'crnNre Trd iupport costs GoTrernxnL'¢ eoyi UDre%triLcd ruDd% G¢n¢ral TDtxl 21122 21123 Audit ICL Audit ofilic tinDncial siale1TlIS 4.5 4.5(d 4.SfA 4.560 8 Trustee% rL'muDertion d expefftses I)unn8 tIiL Y{r thi Lh41%. InL1. Illl li)11{).79 Iransaclions with itusltt5". Thi, Very Re%L'rend Ahim1dril Kl'rill "th¢ Vi¥v R¢v¢r¢Nd ATchJmHndrilL K)Till is a nKmbLY Ot- th¢ Mona4lery and such his ItYin8 and oiher dunn8 lh¢ year werL knrne b). thL Charity. The Vey. ReTp'erend AhAtndr1tC Pfter "I"he VL'ry RLWL'fL'NI ArLhimandn"l¢ P¥l¢i Is a m¢mlKY of . M(?np%l¢ry. and as sh, "¥ living othci expeiJ%e throughout the ytrar wL'Te by lh¢ Chotil). No tnJsle¢s, noi any P¢T50rLs connecd Ihm I1.¢ recei1. any remuneration from the charity durin8 the yeai. Nc) Iriislees ha¢ received any rellrtbursed exp-tws from the chariry dunn8 thc vc&r. Pag¢ 16
Patriarchal Siavropegic Monastery of Saini John the Baptisl Notes to the Financial Statements for ihe Year Ended 31 Deeember 2023 (conlinued) 9 Ts#1ion 'llJe iharily is a re81sieted chanry and is iherefore Lxemw from iaxaiion. 111 T#n%ible fixed sset5 Prnptrtl hder ¢onytructhin Frlire #Dd fqulpmehi buildin Motor l'ehlr To¢AI Ai l Juiiuary 20?1 Addklii)n% 7,54)3.117 472.71)5 1.47X.712 4.127.211) 1.51W.{I? Ill.8441 6.7Q¥ 21 (mI 111.¥441 AI I I Ix'LLnbl 20?.1 .1.59.1.117 I l)$1.51b7 ().7(IX 7.1.0(Trl 5.C)24,195 DL'prLltion Al l JanuaTJ 2Q?I Lharyi IOT th¢ yLar .-liinLIUIILMI 4)n 45.107 ').82$ 45.107 11.502 1.677 {]] 1441 Ai I I l)L'i¢niber 2Q?I 1.677 NL't l)ook %'#lue Ai .1 I Ik.LL4nber .1.51)? 117 1.951 $07 5.U_/l 5.579.111) Ai 11 Ik'LernbLY 2022 1.593.117 472.795 4.082.112 'I'hc LIIuTLh i)t' All %ainis. 11)IlLhUftt Kniglits, F.sscx wa$ 501d lo ihL' Mona51ery lor £l.IMI hy t] LtsurLII Q'on)mis*ii)iier% oil the .1 l¥1 Ikl'ernr 1970. IILYn8 of an hi%liiriL naiure. conveniional valuaiii)n ieLhni4U¢ Lunnoi bL' dppliL'd i'aluL' thLYL.furL ItlUdLxI in ihL' aLXVlm15 1)thL'r PrUrtIL. arL' n(Tri dL'pfL'LiuILd oil Ih¢' groun41 thai li would be immalLYJal. having regard lo th¢ long Mnaining ¢ciTrMmic lite ol'ihe butldiDg5. Pa8e 17
Patriarchal Stavropegic Monaslery of SiDt John the Baptist Notes to the FinancÉal Statements for the Year Ended 31 December 2023 (continued) Oth¢r Initstments Listed iDI'estmeDts Ai l Jdnudi%- 207_3 RevaluulJ()n l)INp()suls AI I I DL'LL'inFxY 20?_3 19,591.1120 1.548.574 (901.6141 20,2.1$ 1)811 Net bMk ilue Ai I I t)¢11T ?021 20.115 1)N(> Ai ? I t)L'LenikY ?U2? 2023 2022 Maicriol inveslThLYils inLlIk.d IlKYein urrc fiillc)ws". l)iniiMiiinal Iiii¥m4111c>n¥l L'IiF¥ IAiuJiy l.uiml {.fjiil Ml %IlLxi MunuBiY% Nortli AnKTiian Lquily F'WMI Inst {Inc} Ml %rlcci ma]Bers UK 14Uliy furwj In51 IlrK) Ml M&na8irs lknnd l.und I1 Ilncl Van8uard I 1% I'.quiiy Indcx Ilnc) DLIIILfL4ILinal (il(Ibul L()rL l.IxLd InLviiK (illP IALC) Jaiius Ilcndir%()n (ilobal %u514LinublL I:quJiy I IAILI l)Iinin%iiinul (Ilb %li-l-Yrm Infv¢%innl lir#d¢ l-IK¢J In4 CIBP (A¢c) DiJnLrisii7nal Lnicr8Jn8 MaTkLYS LorL t4Uiry IACC ihn)der18F Cilobal l-.n¢r8y Transiiiot) (iBP C (At¢l l.llx BrLli5h Iiv%'cTmllL'nl SI(ks 2.1?(},824 776.76$ ()51.681 44(I.775 119.171) I IC?.4411 11 l.11)6 291.127 289.62? 1,211,746 8UI.186 IlailliL' Ciill()rd Iniernational il Acc Fund*iniih l-.IlULly I A I Idelilv A&ia PaciliL OprK)riut)Ili¢5 RtsihknnL' CilobJl 1)prtn111L NJLiExis I.)15 Sayles Il% I4uiiy Leadets Furtd IJEI% IJ.S Ciiowth Class C (A) IISBC American Index C Inc 69().074 4S.A,499 708.-385 651,086 705,82.1 544.414 Veriias Asiart Tr"urÈd A Inc 5()6,617 550.115 Thi¢a(In¢edlt AriCan Ar Pa8e 18
Patriarchal Stavropegie Monasier). of Saint John the Baptist Notes to the Financial Statements for ihe Year Ended 31 Deeember 2023 (continued) 12 Stock 2023 21122 I(kS ?51),4(H 2()4.287 13 tkb¢or• 21123 2022 'I'rade dL.biors 1.96X 914 ti4.554 I TKToyniLni% ()Iliir d¥bii)rs 51.11¥6 29.45CI $4.7( 14 Creditors: arnOUD¢% f#lliD% due within one )'i#r 21123 2022 I Lridilu VAI. 158..1(IL) 5.474 .CTr21 6Y.(Il l)Ihir LrLYJIiLIT¥ 7,176 .075 18?.454 IS Future expenditu AI I I I)LLinbLr ?1123 tliL 'fruStet have auihori%vJ a tiirthvr sum of £15Q.IKM) for rompl¢iion of dev¢lopn)¢i work i()nLLrnin8 ihe Round C'hor1 ol-whLLh appr()ximaiLly £1.¥4g.177 has iKen applicd i() d1¢. Pa8e 19
Pairiarehal Stavropeeic Monaster) of Saint John the Baplist Notes to the Financial S¢atement5 for ihe Yur Ended 31 December 2023 (continued) 16 Fund5 Otbtr r¢cognlsed Janun' JDeomin% resourte Rejourccs ¢ipended D¢c¢mbcr 2112J 2023 UnrL'trlrt&Yl (iLnLral ?4.715.894 1.41(J.241 1797.0481 1.54Y.075 26.897.162 Rextrlettd 12.2L19 Tot1 fund8 ?4.715.8y4 1.4?2.450 17(J¥.Ci77 1.54Y,075 26 1)1I7.742 Bl#nee ut 31 B•lnc ¥¢ I J4nu•n' Other re¢¢1¢d DeeemlK'r 21122 r¢ybur¢c ¢XPtnd¢d 21122 I)nrtrIcted (t¥neral ?8.41(),115 ¥YO.457 17x2.45?) 11.7911.42ti 24.715.8(J4 Unrvstritted funds 21123 Re%¢rieted aTh8iblL' lixed &sseis ix¢d a¥%LI inv¥sillw'iii% S £79.110 20.215,98 1.2(A.5(K, 1 ¥2.454) 10,5110 L'urr¢ni liJbilili¢5 014LI nel a5seli 2(1,¥97.1 (1? Ifl.580 nre%trlctiYl fund5 2012 Tan8ible fLxed &%yels ix¢d as%11 invL51mL'ni C'urrL'ni a%seis Currcni liabililies 4.082.112 19.Sl)1.020 .15177_1 189.0111 -rotal nti as8e15 24.71S.¥C)4 Pa8e 20
P8triar¢h41 Stavropegic Monastery of Saint John the Baptist Notes lo the Financial Statements for the Year Ended 31 December 2023 (eontinued) 111 Related p*rti' tran¢tiOnS IThLrn' w¢re no r¢laied party trans11015 in the year. PaBe21
Patriarchal Stavropegic Mongstery of Saint John the Baptist Detailed Siatement of Flnancial Activities for ihe Year Ended 31 December 2023 Toll 2023 2022 nd EndoMmeDts from.. )nali£)n% and ILbULiLN Idniil)'sLd bL"l()w) L'lJariiJblL aLljI'1IIL lanalyscd below'l liivesimeni inil)niL lanalysc41 bclow) 8(Tr9.1(J6 .181.851 171.2_11 6.1?.880 17.R20 12C).753 1.42?.450 8811,45.1 Expenditure on: Ktsi%in¥ lund4 liinJlyscd bL.1().) Churilabll aLiii'iiic% bel¢?wl (ii)VLrnancL LOSIS 1611.ll741 172CI $4_11 (4.5601 {49.2?41 (72C),7110) Il XlY} 'I'iilul LxpLi14Jiiurc (iaiThsllossL'S on inVestnt ast5 lanolysed below) 1799.1771 1.5411.575 17X? 8421 {3.7()%.11.iti N¢1 inL(TrmL'llexpcndiiiirel 2.171.K4X {7,7(Kl.421 NLI rix>i'L'illL'l11 Itl fut)d 2.171.¥4¥ 1.1.7(K>.4211 Reliinclli#tin of fund (Trlal liiiid¥ briiuylii i(?rw¥id I t)ial futids LJrriL.d IiiTVéard 24,715.11¢)4 28.4.1(1,715 6.9117,742 74.715.894 "njis pa8e does noi fonn part ofihL 5taNtory fiTWICiY41 s¢ai¢m¢nts. Pa8e 2)
Patriarchal Stavropegic .Monastery of S4int Jobn the B4plist Detailed Sta¢emenl of Financial Actii'ities for the Year Ended 31 December 2023 (continued) Tot1 2023 Totsl 2022 Donoiions andlegocies 15,1(rf1 12.209 814,407 ?2.IIU7 4.781 ?.1.1157 App¢als 4md donaii(bn5 App¥als and JLTrll#iioii (jill AIJ T¢¥lain)ed 578.160 2(1,(A I 61?.XM{I c'hrI1hIc 4t'livilies al¢% l' PUT¥haxd yixmis .1111.851 17.¥21) .IYl.%51 6.48Y 164.745 IIiLoill¥' Ir()ni oihlr inwivinx'ni% 12¢),75.4 171 13 12¢).751 C'hurilohle ALIiwiies I¥Y,517 94.761) 94.71>9 (hher ¢h&riioble 11¥.111t.% IX'i)rLxiaiJi)n cjt-plani dtid m&hirry [kprjalJo17 ol-nM)ior vehiLles 1.677 ).825 7•.4111 84.68.1 45.480 1,(?9 2.Crf)9 16l).(19.1 29.41X 5.4(M) 71).271) 2?1.412 45.444 Pri)p<rly IIPiILr¥ M4LinlLmanLe ihaTge$ idtl-IrdJnin¥ iatl-WL114Lr<' Insuran¥¥S F.'quipniLtL¢ Iqwirs ?nd renewal Priniing. poslage & slBlion¢ry Charilable donalLon5 QtCEJcfdl admirristraii%'L LXPLYJSLS E.'XC¢PiiOE)al admin14tralLVC Lxpen5es IPi'olityI.L)s5 on le ol-ian¥ible tixed 5.1(I7 19,882 14.190 46.1&4 8.9(K 14 C)(Jl) 10.77.1 31.994 19(1 R.879 517.Q?6 This page does rtol fijm pan of ihe slalvlury fiMi¢ial st#l¢m¢nts. P4ge?I
Patriarchal Stavropegir Monaster) of Saint John the B#plist Delailed Statement of Financial Activities for the Year Ended 31 December 2023 (conlinued) Total 2023 Totsl 2022 Chtsniable AciiN'ilies lolal expendiiwe 72C).541 7?9.780 RtTi.¥inRfunds AUl)n11[allrt of InV¥stsnLls 68.074 49,224 68.074 4l).??4 IIJJiEII,'l(>ss lin p)¥rnniL fL,laiL,J InvcNtnn[ 1.548.575 11.71I¥.0_12} 'thÈs pa8c dots nol IorTn pa¥1 uf th¢ &tanJtory financial 5ts1eni¢llL4. Page ?4