Registered Charitv Number 506188 ST ANDREWS GREEK ORTHODOX CHURCH TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 DECEMBER ?0?3 St Andreii"s Greek Orthodoi Churcli Marneros Marcus & Co Ltd H#gle!' Courl 40 Vicarage Roa(I, Edobaston Birmingham, West Midlands
ST ANDREWS GREEK ORTHODOX CHURCH CONTEiYrs FOR THE YEAR ENDED 31 December 2023 TRUSTEES, REPORT................................................................. INDEPENDENT EXAMINER'S REPORT............................................................................................................ STATENIENT OF FINANCIAL ACTIVITIES........................................................................ ................................ BALANCE SHEET.................................................................................................................................... NOTES TO THE FINANCIAL STATEMENTS......................................................................................................
ST ANDREWS GREEK ORTHODOX CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 December 2023 ruste The trust named on pa8e I have served tbroughout the year. Ap}Intment of Irustees is govern by the Tn Deed of the ch8rity. The board of In¢S is authorised to appoint new tnJste¢s to rlli V¢1¢$ ¥rising through resi8nalion or death of ¢xi5ting tnjstea. tnv¢stment Power¥ lThe tru& de(yl authorises tbe to make and hold inve8tments using the general t'unds of the clwity. TRucfuRE GOVERN CE AIYD MANA MEi Governing document The charity 1$ controlled ty its goNErning d(tume, a dd of and constituks an UninCrP0r8ted chhTity. REFERENCE AND ADMINLSTRATIVE DETAIIS Registered Charily numlKr Prlnci addresj clo Marneros Marcus & Co First Floor Hagley Court 40 Vicarage Road Bimiin8ham Wesl Midlands B15 3EZ Trustees T A of Thyat¢iTa ndcknt ExaTn Mameros M6Th & Co Ltd Flagley Lourt 40 Vicarage Rood EdBbaion Binnin8ham West Mdlands Bl 5 3FZ Thc Charitable Trust is conxliiui&l by Trust Deed an its ob'ecliv&% are lo provide senryces lo thc Greek communitv. App r ofthelx)ard of trustees on...l.Q.. . ...... . and sigu¢d on IL8 behalf bv: Trustee
ST ANDREWS GREEK ORTHODOX CHURCH INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 December 2023 Independent examiner's report to the trustees of St Andrews Greek Orthodox Church I report to tlie charit), trustees on my examination of the accounts of St Andreivs Greek Orthodox Churcli (the Triist} for the year ended 31 st December 2023. Responsibilities and basis of report As the chariti. trustees of the Triist J'ou are responsible for the preparation of tlie accoiiiits in accordance ii'itli the requirenieiits of the Charities Act ?0 I l ('tlie Act,). I report iii respect of mil e.xam ination of the Trust's accoiints carried oiil linder Section 145 ot, the Act and in carTh'ingF oiit m!, examiiiatton I have fol loived all applicable Directioiis given b), the Charit). Coniniission under Sectioii 145(i)(b} of Ilie ALt. Independent examiner's statement I have completed my examination. I confirm that no Inaterial matters liave come to my allentioii in connection ivith the examination gyivingv me cause to believe that in anj. iiiaterial respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. Iiave no concerns and have come across iio otlier mallers in connection i¥ith tlie examiiiation to liich atteiilioli sliould be dra¥v'n in Iliis report in order to enable a proper ui)derstandingF of tlie accoLints to be reaclied. Marneros Marcus & Co Ltd Marneros Marciis & Co Lid HagFle)' CoLIrt 40 ViL1c ragye Road Ed&ibastoii Bimiing7ham West Midlii nds Bli3EZ Date.. J.o/i..?..l.J.oJ..
ST AINDREWS GREEK ORTHODOX CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 December 2023 Recomniended categories by activitv Unrestricted funds Total Funds 2023 Total Funds 2022 Notes Income and endoii'ments from: Donations and legaci¢s IOi,976.13 105,976.13 6i.076.00 Investments 91,717.89 91,717.89 65,747.00 Total 197,694.02 197,694.02 130.823.00 Expenditure on: Raising lunds ?3,790.30 23.790.30 ?8,687.00 Charitable aciivilies 130.058.74 130,058.74 6i,745.90 Other 14,18?8? 14,18?.8? ?1,261.00 Total 168,031.87 168,031.87 115,693.90 Net incomel(expenditure) Net moi'ement in funds 29,662.1S 29,662.15 14,129.10 29,662.15 29,662.15 15,129.10 Reconciliation of funds: Toial I'Linds broug?hi forivard 3.j53.060.10 3,ii3.060.10 3.i37.931.00 Total funds carried fori%'ard 3,582,722.24 3,482,722.24 3,*53,060.10
ST ANDREWS GREEK ORTHODOX CHURCH BALANCE SHEET FOR THE YEAR ENDED 31 D¢c¢mber 2023 Recomniended tat¢goriu by activity UDrestricted funds Total Funds 2023 Totsl Funds 2022 Notes Fixed assets Tangibk &ss¢ts Totsj fixed assets 2,655,748.00 2.655.748.00 2,654,915.00 2,6S5,748.IXI 2,65S.748.01) 2,654915.(M) Current ass¢ls tkbtOTS 4,767.00 4.767.00 4.767.00 Cash at bank and in hand 10 924,892.77 929ffj59.77 924.892.77 894.278.10 Totsl current asscts 929.659.77 899.045.10 Creditorn.. amounts fallin8 du¢ Ivithin one year 2.685.52 2,685.52 900.00 et curr¢nt lisetsl{liabi]iti¢s) 926,974.25 926,974.25 1198,145.10 Total net as4ets or liabiliti 3582,722.25 3582,722.25 3553,060.10 Funds of the Chpdrity Unrc5triGted fimds 12 3,582,722.25 3,582,722.25 3,553.060.10 Restricted income futtds 12 Endowment funds 12 Tot funds 3582.722.25 i o I i Ll¥è¢4 and signed on its b¢half by: The fu)all¢ial statements were approved by the Board on .. ........ 3582,7222S 3JS3,060.10 Trustee
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December ?0?3 l Accounting Policies 1.1 Accounting Policies The principal accounting poliLies adopted by the Charit!. whiLh is a PLibliL benefil enlit),. in the preparaiion of the accoLlI)ts are as folloii's. 1.2 Basis of preparation These accounts have been prepared under the historical Lost Loni'ention. as modified bs, the inLlusiun of Lharilable properties and tixed asset invesiments and investment properties ai valliation. These accoLinls have been prep<qred in accordcince il'itli "Accoiintin¥y and Reportinby b! Ch&irities.' Slic temeiil of Recoinmended Pi'aclice appl icable lo charities pr¢paringi their acc()unis in aLcordaiiLe i¥'iih Iht Fin.InLial RLP()rlin&, Standard appliL47ble in ilie UK and Republ ic ()t" Ireland (FRS I O? I" (elYeLlive l JaniiL1rv ?019) (Charities SORP I FRS I O? )), the FinanLliil Repc)rling, Si<1ndL1rd <ippI iCc1ble in ihe UK lind RepiibliL l)I" Ireland (FRS I O?) and tlie Charities ALt ?0 I These liccounts are presented in poiinds slerling and roiinded tc) Ihe nearest POLind. 1.3 Coing concern Tlie Truslees liave prepared IinanLial projeLIiLins. takinb? into Lonsid¢r¥lti()n the current eLonc)niic Londitions and hav¢. af th¢ liiii¢ ot- approviiigi these accoiints. a reasonable e,xpeLtalion ilic2t the Lharity has adeqliate resourLes io coiitiiiiie in operalic)iial existenLe lor Ilie tL)re5eeable fulure. Thu5 the). Lonlinue to adopt the &)oinby Loncern basis of clCCOLiiilinbT iii prep(Ing Ilie accoLints. 2 Income from Donations and Legacies Unrestricled funds Tot#1 funds 2023 Total fiinds 2022 Anali'sis Doiiation £1nd gills Gifi Aid Otlier 89.196.29 1?.689.84 4.090.00 IOi.976.13 89.196.?9 1? 689.84 4,090.00 IOi,976.13 65.076.00 6% 076.00
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMEiYrs FOR THE YEAR ENDED 31 December 20?3 3 Income from Investments Unrestricted funds Total funds 2023 Total funds 2022 Analvsis Inlerest income Rental and leasingT illLome 1.861.58 89,8i6.31 91.717.89 1,861.i8 89.856.31 91,717.89 ? 377.00 63,370.00 65,747.00 4 Expenditure on Raising Funds Total funds 2023 Total funds 2022 Analvsis Rent col leLiion, property repairs and iiiainl¢nanLe LliargFes Support Costs 500.00 93 ?90.30 3.790.30 ?8,687.00 8.687.00 S Expenditure on Charitable Activities Totul funds 2023 Tolal funds 2022 Analvsis Courses Liglil and Heal Repairs and NlaintenanLe C£indles Donali(Ins & Other Expenses Telepli()ne &. Internet SLiiidri' Bank chareS Lebcillprotessi()iial fees SLlPPOrt Costs ? 191.10 i 0,0?6.46 18,881.19 4,933.06 44,070.4) 933.01 5 830.9? 409.78 18.i9?.47 ?4.190.30 130.Oi8.74 5,767.00 8.073.00 3,551.00 47.096.90 6.81i.00 383.OQ 13,81i.00 65 74).90
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 20?3 6 Support Costs Total funds 2023 Total funds 2022 Analysis Cleaning Travel & Subsistence Wages and salaries Printingy and stationerN' Governance Costs Independent exaniiners fees 747.37 4?.50 40,49i.70 1.379.00 ?1.669.00 4.739.00 900.00 47,480.61 900.00 28,687.00 7 Other Expenditiire Unreslricted funds Total funds 2023 Total funds 2022 Analvsis SiibsLripiiuns Ot-fiue Rates & InsLiranLe Depre¢iation Cliargle t.or Ihe Year - FiilLires & Filliiigis 310.?6 9.480.i6 310.?6 9,480.i6 16.38?.00 4.39*.00 4,39?.00 4,879.00 14.18•.8? 14.18?8? ?1 ?61.00
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 20?3 8 Tangible Fixed Assets 8.1 Cost or valuation Other Land & Buildings Fixtures & Filtings Al 01 Janiiary ?023 Addilions 2.611,000.00 197.33i.00 j.?25.00 Disposals Revaliialions TrIsterS Ai 31 D¢Lenib¢r 90?3 ?.611,000.00 ?0? 560.00 8.2 Amortisation an(1 impairments Oth¢'r Lnd & Builijings Fixtures & Fittings Al O l Janiiary ?0?3 Additions l j3.4?0.00 4.39?.00 Disposals RevalLl<2tions TrISterS At 31 Deceniber ?0?3 l j7.81?.00 Other Land & Buildings FitureS & Fittings Al O l Januarj. 0 At 31 December 2.611.000.00 43.91 i.00 ? 611.000.00 44.748.00 10
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DeLember ?023 9 Debtors: Amounts falling due within one year Total funds 2023 Total funds 2022 Prepa)'ments & accrued inconie 4,767.00 4.767.00 4,767.00 4.767.00 10 Cash at bank and in hand Totlql funds 2023 Total funds 2022 Cash al bank. and on hand Oil)er 574.380.77 3iO.51?.00 9?4,89j.77 543.766.10 350,519.nO 894,778.10 I I Creditors: Amounts falling due within one year TotAI funds 2023 Totiil funds 2022 Trade creditors ALLriials and delerred inLome Talatioi) and si)Ci<il seLLirily 1,090.?0 900.00 695.3? 900.00 900.00
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December ?0?3 12 Charity funds 12.1 Details of material funds held and movements during the CURRENT reporting period Fund balanees brought fonvard Fund balances carried forn'ard Fund names Income Eipenditure TrAnsfers Gains and losses Unrestrieted funds Unrestricted General Funds 3.537.931.00 197.694.0: (168,031.87) 3,i67.593.15 Gener41 Fund l j.l?9.10 15,1?9.10 Total 3.553.060.10 197.694.0: (168,031.871 3,58? 7?? ?5 12.2 Details of material funds held and moi'emetbts during tlie PREVIOUS rei)orting period Fund Fund b#lanees brought balances Carried forn'ard forward Gains and losses Fund names Income EKpenditure Transfers Unrestricted funds General Fund 130:8?3.00 (I li,693.90) 15,1?9.10 Unreslricted General Funds 3.$37.931.00 3.537,931.00 Total 3.537.931.00 130.8?3.00 1 I li.693.90) 3.£.53.060.10
ST ANDREWS GREEK ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December ?0?3 12.3 Transfers beN'een funds This Year Amounl Betiveen unre51ricted and resiriLied funds Beiiveen endoiN'nient and resiriLied fiinds Betiveen endoivment aiid unrestriLted I'unds Last Year Amount Beti¥'een unreslricted and reslricled tunds Beiik'een endoii'iiient 1< lid resiriLied tLiiids Beli¥'een endoi¥'iiient and unrestriLted funds