Dowsion Emlope ID.. 22e662wcB4EF4A2SC-1t¢3wF5AI7 CHARITY REGISTRATION NUMBER: 291884 SL John The Theologlan Greek Orthodox Church Unaudited Financial Statements 31 December 2023 KAY PETERS & CO Chartered Certified Accountants 8 Domingo Street London EC1Y OTA 780184Q31J01A47C .
Docu EnvelDpe ID.. 22B8623WCB494EF4-A25G.1 IC36ASFSA17 St. John The Theologian Greek Orthodox Church Financial Ststements Year ondod 31 Dacembor 2023 Pagas Trustees, annual report Independent examinerfs r8POrt to the trustees 1to3 Statement of financial activities ststement of financial position Notes to the financial statements 7t013 The followlng pages do not fomi part of the financial statements Detailed statement of financial activities 15
Doc¥n EnveW10.. 22Be623WCB484EF4.A25C.t1C86A5F5A17 St. John The Theologian Greek Orthodox Church Trustees, Annual Report Yoar ended 31 December 2023 The trustees present their report and the unaudiled financial statem8nls of the charity for the y ended 310ecember 2023. Referenco and admlnistraUve detalls Reglsterod charity name Sl. John The Theologian Greek Orthodox Church 291884 Charlty regl8tration number inclpal offke 184 Mare Street London E8 3RD The trustges His Eminence Archbishop Nikrtas Lioulias Chair Mr Costss Constandinou President Mrs Christtne Koulla Burke Trustee Dr Slelios Papaioannou Trustee Mr Stelios Sobmou Twstee Independent examingr David Kay Chartered Certified Accountants Structure, govomance and management Legal arKI Administrative The charity is Controlled by a deed of trust which sets the basis on which Iruslees operate and control the Irusl. The Injst is an unincorporated entity and govem8d by the trust deed. Govemance The trust is cOntrold and operated in the inter8St of the local community by elected trustees. The trustees ar8 appointed for a twelve month period after which they may be re-elected. The Iruslees meet on a quarterly basis to deliberate on the current issues arKI make appropriate and majority decisions conceming the charity's financial and CIal affairs. Risk Managament The Iruslees have a duly to safeguard the charty's asgets and lo ènsure that the charity ha6 adequate fvnds lo meet all it3 current and fUre commitments. The Iru51ees ensure that th8 current procedures in place a able to meet the above dutigs and are revtewed regularfy to 8nsure they remain effgclive )d rel8vant.
DfyxJSn Emlope ID.. 22B66239-C8484EF4425C.1 IC3WFSA17 St. John The Theologian Greek Orthodox Church Trustees. Annual Report (11¢) Year ended 31 Docamber 2023 ObJectiV6s and actlvltlas Genaral objectives The objects of the charity ar8 to advance the Grged Orthodox faith, to advan publ education to r81ieve povety, si¢kness and distress and lo provide faeilrties in the interest of the social wemare for recreatK)n and teisurg time actwities wth the aim of improving the condition of lrfe for thg inhabitants of the London Brogue of Hackney and ils ènvirons. Welcoming and Hosprtallty The charity has actively encouraged and Implémented a policy which welcomes everybody wardS of ethnicity and social background who wish to worship and a¢tTriely participate in the charity's current and future activrties. Fund raising activiti88 Through various cullurdl actNrties events Such as org8nising Dinngr and Dance and other fvnd raising events,the charity manage to raise a substantial amount of funds through hard work and sincere Christian Brotharhood. All thè charity's activi(ies revo8 around the advan¢ing of the Greek Orthodox Chrisban falih and lo pronTr)te social Welfa and promde as8iStance to thosg who need i( most. The comnee is open and welcomes new ideas to improve and incrgase fund raising. Achlèvemfrnts and perfomanco Th8 charty organises fund rai&ng everrts and various religU¥ festNals throughout the year and managed lo raised fijnds for the improvernenls and repairs to the 8xisling Church buikling. During the cUrnt year, the trustees wothed to maintain the focus of the trusvs activities as laid out in its objectives. These objectNes are Ihfj provision of sejvices for the local community, the understsnding of the Grgek Orthodox fatih, the teaching and prOmotn of Greek language, culture and ethos. 11 also provides sUPPOrt to members of the community in need thiough the work of the Ladies Auxiliary committee which provides entertainments and meals to those who are eldety and vulnerable. as well as both vi8iting and comforting people in hospitals. Financial revlew Current Resu Totsl r1P1S on unrestricted funds were £50,654 which £17,279 w88 allocated for wages and salaries and £6,955 was spent on Caretakor ané cantor costs. The fesults for the period are shown on page 5 to 6 together wrth the attached notes on pages 7 to 13 in the accounts. The charity has exceptionally registered 8 nel Foss of £25,679 of donations receivad over expenditure incurred whlch was offset against the charitys unrestricted rese8S.
DfxxJsigTh Env81ope ID.. 22B6623B484EFm25fr11Ca6A5F5A17 St. John The Theologlan Greek Orthodox Church Trustees. Annual Report {¢onlfnu8d) Year ended 31 December 2023 The trustees, annual report was approved on 9 April 2025 and signed on bahaw of the board of trustees by.. ?0? Mr Costas Constandinou President Trustee Dr Stelios Papaioannou Trustee Truste8
Docu4n Envelop8 ID". 22B8623CB484EF4-A2sC-11C3wFsAI7 St. John The Theologian Greek Orthodox Church Independent Examinefs Report to the Trustees of St. John Th• Th•ologian Greek Orthodox Church Year ended 31 December 2023 l Teport lo the tru51ees on my examination of thg financlal ststemenls of St. John The Theologkqn Gragk Orthodox Chur¢h {Ihe charty'l for the year ended 31 December 2023. R85ponsibilltle8 and basis of report As the trustees of the eharty you are responsible for the prepaption of the financial statem8nts in accordance with the requirements of the Charitie5 Act 2011 {'Ihe Act'i. I report in respect of my examination of the charity'$ financial Statements carriad out under section 145 of the 2011 Act and in carrying out my examinatk)n I have foll)wed all the applicable Direction5 gwan by the Charity Commission under section 1451511b} of the Aet. Indep8nd•nt examlnerfs statsment I have completed my examination. I confim that no m8terlal matters have come to my attention in connection th the examination giving me cause to balieve that in any material resp8Ct'. accounting records were not kept in respect of the charrty as required by section 130 of the Act., or the finan¢ial stslements do not accord with those records.. or the financial statements do ncl compty wtth the applicable requirements conceming the form arKI conlanl of accounts set out in the Ch8ritEs {Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a 'twe and fairf view which is not a matter considered as part of an independent examination. I have no concems and have comg across no other rrtatters in connection with the examination to which attention should be drawn in this report in order to enable * proper understsnding of thé accounts to be reached. Oawd Kay Chartered Certrfied Accountants Independ1 Examiner 8. Domingo Str London EC1Y OTA 9 April 2025 78Melol7.
OowBh3Th EnOpe ID.. 2286623C84B4FF4-A2sc-11c36A5FsA17 St. John The Theologian Greek Orthodox Church statement of Financial Actlvities Year ended 31 December 2023 2023 Unreslrictad funds Total funds Total funds 2022 Income and endoMThents Donations and legacies Other trading activities Total Incom¢ 34,016 18,638 34,016 16,638 50,654 34,909 20.249 50,654 55.158 Expendlture Expendilure on raising fvnds.. Cost$ of raising donalions and legacies Total gxpgndlture 76,333 76,333 76.333 74.OC6 74.OQ6 76.333 Net expondltur• and net movemént In funds 125,679) 125.679} {18,848) Reconclllauon of funds Total funds brought forward Total funds carrfed forward 4.266,555 4,240,876 4.266,555 4,285,403 4,266,555 4,240,876 The statement of financial activities includes all gains and losse8 rwni88d in the year. All income and expenditure derave fr¢Jm continuing activities. The notès on 7 to 13 forni part 0fth Ilnancial statsmgnts.
Dn En%*lope ID. 228W239£B4EF4th2SC-lfC38ASFSA17 St. John The Theologian Greek Orthodox Church Statement of Flnanclal Position 31 December 2023 2023 2022 Note Flxed assets Tangible frAed ass8tB Heritage assets 3,985.932 180,¢XIO 4,012.702 180,¢XIO 4,192.702 12 4,165,932 Current assets Cash at bank and in hand 76,710 75.547 ¢Tgdltors-. amounts falllng duo withln one year Net current ass8ts 13 1,766 74,944 1,694 73,853 Totsl assets less Current liabilltles 4.240,876 4,266,555 4,266,555 N•t assèts 4.240,878 Funds of the charlty Unrestricted fund$'. Revaluation reseTV8 Other unreStrted income fund5 4,033,833 207.043 4,240,876 14 4.240,876 4,033,833 232,722 4,266.555 Total unrestrlctad fund$ Total charlty funds 4,266.555 These financial statements were approved by the board of trustees and authorised for issue on 9 Aprll 2025, and are signed on behalf of the board by.. Mr Costa8 Constandinou President Tnjstee Dr St81ios Papaioannou Trustee Trustee The notss on pagas 7 to 13 forni part otthÈ8• finan¢lal statements.
Do¢uswan Envdcye ID.. 2286623&CB4B4EF4-A25C.11C36ASFSA17 St. John The Theologian Greek Orthodox Church Notes to the Financial Statements Year ended 31 Decembor 2023 General Inforniation The charity is a public ben&fit entrty and a registered charty in England and Wales and is unincorporated. The address of the principal offica is 1 e4 Mare Street, London, E8 3RD. Stat•ment of ¢ompllanco These finan¢ial statements have been prapared in complianc8 with FRS 102, Tha Financial Reporting Standard applicable irs the UK and the Republic of Ireland,, the Statement of Recommended Practi applicable to charities preparir*J their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Chariti8s SORP (FRS 1021) and the Charities Act 2011, Accounting policlos Basis of proparation The financsal stslements have been prepared on th8 historical cost basis, as modified by the revaluation of certain finan¢ial assets and liabilities and investment properties measured at fair value through in¢ome or expenditure. The financia5 $latements are prepared in Steing, which is the functional currency of th8 entity. Golng concern There are no material UnrtaInli&S about the eharty'$ abilty to ntinUe. Judgements and key sour¢e8 of eslimatlon uncertainty Judgements The carrying valu8s of propety, fLXtures and fittings, and intangible assets are 8ssess8d annually or more frequenlty if warranted by a change in CiTcumslance. If rt is detemiined that the carring values of assets can not be re¢overed. th8 ungovemable amounts are charged against current earnings. Estimation uncertainty The useful lrfe of key assets are 89limated having regard to such faGtors as a5s8ts maintenance and usage. The useful lives of key assets are revlewed annually. Fund accountlng Unrestrtcted funds a available for use at the discretion of the truslges to further any of the hariLls purposes. Designated funds are unrestricted fund5 eamwrked by th8 trustees for partular future project or commitment. Rastricted funds are subjected to restrrclions on their expenditure declared by the donor or through the temis of an appeal, and fall into one of sub<la8s85.' restricted Ir)m? funds or endowment fvnds.
DO¢[gn En¥8knpe ID.. 22B66239£B4B4EF4-A25C-11C3FSAl7 St. John The Theologian Greek Orthodox Church Notes to the Financial Statements (tontujuedj Yoar ended 31 December 2023 Accounting policies {¢othueol Incomlng r050urcg8 All incoming resources are included in the sL*ement of financial actwilies whan entitkmenl has passed to the charity,. il is probable that the èconomic banafts associated with the transaction will flow to the charity and the amount can be reliably measured. The following spe¢rfic policies are applied to particular Catsgories of income.. income from donations or grants is recognised when the is evidencg of entftlement to the grft, receipt is probable 8nd r(s amount can be measured reliably. legacy income 1$ recc>Jnised wh8n receipt is probable and entitlem&nt IS established. income from donated gcods is measured at the fair value of the goods unless this Impractical to measure reliably, in whh case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when weived if the value can be reliably measured. No amounts a InCded for the contribution of general volunteers. income fM contracts for the suppty of serwces is reco3ni$ed with tha delivery of the contraded Service. This is classrfied as unrestricted funds unless there 15 a contractual requiramenl for it to be spent on a particular purpose and retum8d rf unspent, in which case it may be regarded as restricted. Resour¢8s oxpend•d Expenditur8 is recognised on an accruals basis as a liabilty 18 incurred. Expendf(ure in¢ludes any VAT which cannot be fully racovered, and is classified under headings of the statement of financial activf(igS to whi¢h rt relales: expenditure on raising funds includes the costs of all fundraising actNities, events. non<hantabl8 trading activities. and the sale of donated goods. expenditure on ¢harilable activities includes all costs incurred by a charity in undertaklng actiwties that further its Charitab aims for the benefit of ils beneficiaries, including those support costs and costs relating to the g¢weTnon¢e of the charity apFiortioned to charit8ble actNities. other exp8nditure includes all expenditure that is neither relatéd to raising funds for the charity nor part of ils expenditure on charitable activitie5. All costs aTr 811ocaled to 8xpenditure categories refiecting the use of the rgsource. Direct ¢osts attribut8bla to a single actNty are allocated directty lo that aclivily. Shared costs are apportioned between the actNities they contribut& lo on o reasonable, juslifioble and consistent basis. Tangiblfr assets Tangible assets are initially re¢orded at cost. and subsequently slated at eost less any cumulat8d depfe¢i2tion and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value al the date of revaluation less any subsequent accumulakd depreciation and subsequent accumulated ImpalmnI losses.
Doujslgn ID.. 22B6623&CB4B4EF¥A25C.11C3&45F5A17 St. John The Theologian Greek Orthodox Church Notss to the Financlal Ststsments (¢tsttUnuedJ Year ended 31 Decembor 2023 Accounting pollcies (cMllnuodJ Tanglble assots (¢ontlnuedJ An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised galn5 8nd losses, unless it reverses a charge for impairment that has previousty been recognised a$ expendrture within the ststemenl of financial actniilies. A decreas6 in the carying amount of an asset as a result of revaluatn, is reccgnised in other re¢ognised gains and losses, except to which it offsets any previous revaluation gain, in which case the 105s is shown within other recognised gains and losses on the statement of financial activf(ies. Depreciation Depreciation is cakulated sts as to wrlte off the cost or valu81ion of an asset, les¥ rts residual value, over the useful econom life of that asset as follows.. Freehold property Church Lsnd £1,500.CK)O not depreciated, Buikling Is depreckqted al 1% St.balance 10'h Reducing balate 1% Straight balance FLYtur85 and fittings School Hall Herage assets Heritage assets measured under the cost mtxlel are recognised initk?Ily r8corded at acquisition Gost. and subsequently stated * wst less any accumulated depreciation and impaimient bsses. Herfiage assets measured under the revaluation mdgl are reorded at fair valu8 18ss any accumulated impaimient losse$. WhoTe information on the cost or value of an asset is not available 8nd cannot be obtained at a ¢ost which is commensurate with the benefits to users of the financial $laternents, the 8S8gt shall not b8 reccgnised in the statement of financial position. ImpalbTrent of fixed assèts A rwew for indatOrS of impairment is carried out at each reporting date, with the recoverable ount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impairwj accordingly. Pmr impairments a also reviewed for F¥)ssible reversal at each reporting dale. For the purposes of impaimienl testing, when it is not FKissibLe to aslimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil lo which the asset belongs. The caShenerating unf( is the smallest Jentifiable group of assets that includes thg asset and generates cash irfflows that largely independent of the cash inflow5 from oth6r assets or groups of assets. For impaimient testing of gogthill. the goodwill acquired in a business combination is, from the acquisition date, allated 10 8ach of the cash-generating unrts that are expected to benefit from the SYnergS of the combination, irrespective of whether other assets or liabilities of the charity are assigned lo Ih(Ise unts.
DO¢L4skJn EThvebpe ID.. 22B66239-CB4PAEF4-A25C-11C86ASFSA17 St. John The Theologlan Greek Orthodox Church Notes to the Financlal Statements (conthueD) Year ondod 31 December 2023 A¢¢ountlng policies (cthDtthuedJ Finaft¢ial Instruments A financial asset or a financial liabiif(y is recognised only when the charity becomes a paty to the contractual proS1onS of the instrument. Bas financol instruments are init1811y recognised at the amount re*Nabl6 or payable including any related traDdian costs. Current assets aThY ¢UTrent 118bllltles are subsequently Measu at the ¢ash or other consideration expected to be paid or reiVed and not dIsc(nted. Debt instrumants are subsequently measured at amortised cost. Where investments in shares are publiety traded or thelr fair value can otherwise be measured reliably, the investment is subsequanlly maasured at fair value with changes in fair value recnISed in income and expenditure. All other such inv8Stments are SubseqL7tLY measured at )st less impaimient. Other financial itruments. in¢luding d7Vates, are initially recognised al fair value, unless payment for an asset is deferred beyond nomial business temis or financed al a rate of interest that is not a market rate, in which case the assèt is measured 8t the prasont value of the fvture payments discounted at a markd rata of interest for a similar debt ingtNmenl. other financial instruments are subsequenlty Measur at fair value, wkh any changas rocognised in the stalemenl of financial activities, wtth the exception of hedgiro in¥tNments in a designated hedging relationship. Financial assets that 8r8 measurad at cost or amortised cost are reviewed for okiective ewdencg of impairment at the end of each reporting dale. If there is objective evidence of impaimenl, an impairment Ioss ES racognised under the approprHte heading in tha statement of fmancial activities in which the initial gain was recognised. For all equty inslfuments regardless of signnlcance, and other financial assets that are individually signfficanl, these are assessed individually for impairment. Othar financial assets are either a85essed individually or grouped on the basis of simikir ¢1t risk characteristiC5. Any revers81s of impaimiènt are recognised immedialety, to the extent that the reversal does not resuk in a carrying amount of the financial asset that excgads what the Carrying amount would have been had the irnpairmenl not preVu57Y been recognised. Donatlons and legacies Unrestricted Total Funds Unrestricted Totsl Funds Funds 2023 Funds 2022 Donatlons Congrigalion Contribution and Donation 34.016 34,016 34.909 34,909 10
nlOpe ID.. 22B8623&LB4PAEF4.A25C-11C36AfjF5A17 St. John The Theologian Greek Orthodox Church Notes to the Financlal Statsments (conthwd) Year ond8d 31 December 2023 Other tradlng activities Unostricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Car Parking Fee Income Hall Renting Rent Received 8,633 1,380 6,625 8,633 1,380 6,625 12.289 1,900 6.cEo 12,289 1,900 6,060 16,638 16,638 20.249 20,249 Costs of ralslng donatlons and legacles Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Costs of rai$ing donations and18gacies Donations 76,333 76,333 74,006 74,006 Net expenditure N&1 expenditu is slated after ¢hargiftgl(credilingl: 2023 2022 Depreciation of tangible fixa assets 26,770 27.523 Independent examination fees 2022 Fees payable lo the independent examiner for.. Independent examination of the financial ststements 1,200 1.200 Stsff Costs The total staff costs and empbyee benefrts for the reporting period are anatysed as follows: 2023 2022 Wages and 8alarie8 17,279 19,281 The av8rag8 hgad count rrf employees during th8 year was 4 {2022.. 4). No employee rec8Thied èmpltsyee benefits of more than £60,000 durlng the year (2022.. Nil}. 10. Trusta8 rnmunaratlon and 8xpon88S No remuneratK)n, expenses or other benefrts from the chatity were receNed by the trustees. 11
DaoJskJn Envelcpe ID.. 2%6628WCB484EF4-A25C.11C36A5F5A17 St. John The Theologian Greek Orthodox Church Notes to the Financial Ststements (conuffljue Yaar ended 31 December 2023 11. Tanglble red assets Fixtures and fittings School Hall Church Totsl Cost At 1 January 2023 and 31 December 2023 3,000,000 85.000 1,000.000 4,085.000 Deproclation At 1 January 2023 Charge for the year At 31 Dècember 2023 30,000 15,000 17,298 6,770 25,CKJO 5,1)00 30.0 72.298 26,770 99,088 45.000 24,068 Carrylng amount At 31 D¢¢ember 2023 2,955,000 60,932 970,000 3,985.932 At 31 December 2022 2,970.000 67.702 975,000 4,012,702 12. H8rftag• xsets The herit4e assets are.. the sculptures. iwns and other religious ornaments made from precious metals and stones that are utilised in the church. Decisions to aGquiie, preSerVatn. management and disposal of these heritage asse15 are made by Iruslees and are look after maintsined by group of volunteers. The assets Qglster maintsined by the charity of its collectM)n of heritage assets and information on the register and to which access to the assets is pemiitted only for aulhorised personnels. Ico Cost or valuation At l January 2023 and 31 December 2023 Accumulated depreclatton At 1 January 2023 and 31 December 2023 Carrylng amount At 31 December 2023 180,0 180,000 At 31 December 2022 180,000 The Slalues, icons and omaments have all b8en reported at Cost. 13. Creditorn". amounts falling due wlthln one year 2023 2022 Ac¢rua18 and deferred income Social security and other taxes 1,272 1,236 458 1,766 1,694 12
Envelw 22e662WCB4PAEF4-A25C-1 IC38A5F&417 St. John The Theologian Greek Orthodox Church Notss to the Financial Statements (coJJthiuoty Year ended 31 December 2023 1 Aftalyslg of charftable funds Unrestrlctad funds At l Jgnuary 202 At 31 Dac•mbar 2023 Income Expendf(urg General funds Revaluation reserve 232,722 4.033,833 50,654 176,333} 207,043 4,033.833 4,266.555 50,654 176.3331 4,240,876 l January 202 31 December 2022 Income Expend((ure General fur3 Revaluation reserve 251,570 4,033,833 SS,158 (74,C#)6} 232,722 4,033,833 4,266,555 4,285.403 55,158 (74,0061 15. Analysis of net assets between funds unreStrted Total Funds Funds 2023 Tangible fix&a assets Heritage asset5 Current assets CrlI10rS less than 1 year Net assets 4,000,CQO 180,000 76,710 {1,767} 4,254,943 4,000,000 180,000 76,710 (1.7S7} 4,254,943 unrestred T¢)tsl Fund$ Funds 2022 Tangible fixed assgts Heritage assets Current assets Creditors 8$ than 1 year Creditors greater than 1 yaar N•t ass•ts 4.000,000 180,000 75,548 11,6961 4,000.000 180,000 75,548 11,696) 4,253,852 4,253,852 16. Flnancial instrumonts The carrying amount for each category of financial instrument is as follc)ws.' 2023 2022 Flnanclal as8•ts measured atfalr valuo through Income and expenditure Financk41 assets measured at fair value through income and expenditure 76.710 75.548 13
Docustw ErtvelO ID.. 22B66239CB4B4EF¢A25C.11CW5A17 St. John The Theologian Greek Orthodox Church Managoment Informatlon Year ended 31 December 2023 Th• followlng pages do not fomi part of th& flnanclal ststements. 14
Do(gn Erw81ope ID.. 2286623484EF2Sc.I IC38A5F5A17 St. John The Theologian Groek Orthodox Church Detslled Statement of Financlal Actlvltles Year ended 31 December 2023 2023 2022 Income and endowments Donatlons and Iggaclos Congrigatlon Contribution and Donalbjn 34,018 34,909 Othertrddlng activities Car Parking Fee Incorr Hall Renting Rent Receiv8d 8,633 1.380 6,625 12,289 1,900 6,060 20,249 16,638 Total Income 50.654 55,158 Expondituro Costs of rai$ing dOnaon8 and legacles Purchases Wages and salaries Rates and water Light and heat Repairs and maintenance Insurance Legal and profeSsnal fees Telephon& Depreciation Independent examinerfs fees Books, Printing. Postage and Stationery Archdiocese of Thyateira Caretaker & Canlor c08t Cleaning and Laundry Bank charges Interest due on overdue taxali?n 433 17.279 1.523 3,824 4,856 5,403 3,821 2,641 26,770 1,200 881 19,281 924 4,615 791 5,095 182 2.673 27.523 1,200 124 1,270 9,285 26 118 18 1,495 6,955 126 76,333 74,OC Total expendlture 78,333 74,006 Net expenditure 125,679) 118,848} 16