Charity Registration Number .. 506188 ST ANDREWS GREEK ORTHODOX CHURCH TRUSTEES- REPURI AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 5T ANDREWS GREEK ORTHODOX CHURCH LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Georgios Georgiou Christos Gavrjel Marios Chri5todoulou CvsldS Chrisloforou AiiLoi)y Papachristoforou Archbishop Nikitas Lioulias Phivos Papachristoforou Panayioti= Hadjim3rcou Chris Chri5tofomu Charlty Number Registered Office 506188 Marneros Marcus & Co Ltd Hxglpy C.niJrt Bimingham. West Midlan¢Js B15 3EZ Independent Examiner Marneros Marcus & Co 40 Vicarage Road Edgbaston Dirmin9ham. West Midland5 B15 3EZ ST ANDREWS GREEK ORTHODOX CHURCH CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees, Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Note5 to the Flnanclal Statements ST ANDREWS GREEK ORTHODOX CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the year ended 31 December 2024 ru Appointment of trustees is governed by the Trust Deed of the charity. The boardof trustees is authorised to appoint new Irusiees 10 flll vacancies ari5ingthiou9h re5igndLiuii ur (Jealh of existing trustees. tm nt Powers Thetrust deed authorises the trustees to make and hold investmènts using thegeneral fvnds of the charity. rn And ManagerneDt Govemingdocument The charity is controlled by its goveming document, a deed of trustand constitutes an unincorporated charity. And Administrative Details RegIste￿dcharitY number is 506188. C.IrJMamprns Mareu£ & Ct) First Floor Haoley Court 40 Vicaraoe Road Birminghamwest Midlands B15 3EZ TA of Thyateira ndent Examiner MarnerosMarcLts & Co Ltd Hagley Court 40 Vicarage Road Edgbaston Bimiingham Westmidlands B15 3EZ Activi Thecharitable Trust is constituted by Trust Deed and its objectives are to provideservices to the Greek community. This report was approved by t e trustees and signed on its behalf by. Trustee Date . 22 October 2025 Page 1 of8 ST ANDREWS GREEK ORTHODOX CHURCH INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 l¥itJeyeiident ExatnirTrer'5 Report to the Ifu5tees of st Andrews fjreek Ortnoaox Churth report to the Charity Trustees on my examination of the account5 of tlie chaJ"iLy fur LIIE yedw erided 31 Decernber 2024 which consists of the statement of financial activities,balance sheet and the related notes Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirement5 of the Charities Act 2011 1.the Act'l l ￿ptsrt in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carryrng out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Examine￿5 Statement The charity's gross income exceeded £250.000 and l am qualified to undertake the examination by being a qualified member of ACCA I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below -) which gives me cause to believe that in. any material respect- the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accountinq records., or the accounts did not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter consitlered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. trrLU* Name= Marneros Marcus & Co Date. 22 October 2025 Page2of8 ST ANDREWS GREEK ORTHODOX CHURCH STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 31 DECEMBER 2024 Recommended categorie5 by artlvlty Unrestricted funds Total Funds 2024 Total Funds 2023 Notes Income and endowments from: Donation5 and legacies 140.262.17 140.262.17 101.886.13 other trading activities 111.305.341 111,305.34} Investments 72.238.92 72.238.92 95.807.89 Total 201.195.75 201.195.75 197.694.02 Expenditure on: Raising funds 40.179.18 40.179.18 21.142.78 Charitable activities 136,536.80 136.536.80 132,706.26 Other 19,982.94 19,982.94 14,182.82 Total 196,698.91 196,698.91 168,031.87 Net income 4.496.84 4.496.84 29.662.15 N•t movoment in funds 4.496.8a 4.496.84 29.662.15 Reconciliation of ￿nds. Total funds brought forward 3.582.722.25 3.582.722.25 3.553.060.10 Total funds carried forward 3.S87.219.09 3.587.219.09 3.582.722.25 Page3of8 ST ANDREWS GREEK ORTHODOX CHURCH BALANCE SHEEr FOR THE YEAR ENDED 31 DECEMBER 2024 Recommended categories by activity Totsl Funds 2024 Total Funds 2023 Notes Fixed assets Tangible assets 3.028.048.31 2.655.748.00 Total fix@d 355ets 3.028,048.31 2.G55.74B.00 Current assets Debtors io 5.109.66 4,767.00 Cash at bank and in hand li JJ6.232.23 924.892.77 Total current assets 561.341.89 929,659.77 C￿dItors.. amounts falling due within one year 12 2.171.11 2,685.52 Net current a$5etsllliabilities) 559.170.78 926,974.25 Total net assets 3.587.219.09 3,582.722.25 Funds of the Charity Unrestricted funds 13 3,587.219.09 3,582.722.25 Restricted income funds 13 Endowrnent funds 13 Total funds 3.587.219.09 3.582,722.25 The financial statements were approved by the trustees on 22 October 2025 and signed on its behalf by.. Georgios Georgiou Trustee Date .' 22 October 2025 Page4of8 ST ANDREW5 GREEK ORTHODOX CHURCH NOTE5 TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting Pollcles The principal accounting policies adopted by the Charity, which is a public benefit entity. in the preparation of the aciounts a￿ as follows. 1.1 Basis of preparation These accounts have been prepared under the historical cost convention. as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valLtation. These accounts have been prepared in accordance with -Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Statsdard applicable in the UK and Republic of Ireland IFRS 1021- leffective I january 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. These accounts are presented in pounds sterting and rounded to the nearest pound. 1.2 Going concern The Trustees have prepared finaniial pwjeitluns. idkiiiy iriLv cu1isiJeiaLig1i Ihe cunEiit econoniic conditions and have. at the time of approving these accounts. a reasonable expectation that the charity has adequate resources to LoiILiiiue ir) opei"èli01161 existence for the foreseeable futu￿. Thus they continue to adopt the 90ing concern basis of accounting in preparing the accounts. 2. Income from Donations and Legacies Analysi5 Vnrestrlcted funds Total funds 2024 Total fuThd$ 2023 Donation and gifts GiftAid 127.378.28 12,883.89 127.378.28 12.883.89 89.196.29 12.689.84 Total 140,262.17 140.262.17 101.886.13 3. Income from Other Trading Activities Analysis Unre5trirted fvnds Total funds 2024 Events 111,305.341 111.305.341 {11,305.34) Total {11.305.34} 4. Income from Investments Analysis Unrestricted funds Total funds 2024 Total funds 2023 Interest income Other 2.419.84 4.628.49 65.190.59 2.419.84 4.628.49 1,861.58 4.090.00 Rental and leasing income Total 65.190.59 89.856.31 72.238.92 72.238.92 95,807.89 Page5of8 5. Expenditure on Raising Funds Analy515 Total funds 2024 Total funds 2023 Advert15ing. marketing. direct mail and publicity Rent colle£tlon. property repalrs an(J maintenance charge5 Gift aid Total Support Costs 120.00 500.00 ! 000.00 3.120.00 37.059.18 500.00 20,642.78 40,179.18 21.142.78 6. Expenditure on Charitable Activities Total funds 2024 Total funds 2023 Analysis Cnursg. 2.191.10 10.026.46 18.881.19 4,933.06 44,070.45 933.01 5.830.92 409.78 18,592.47 Light and Heat Repairs and Maintenance Candles Donations & Other Expenses Telephone & Internet Sundry Bank charge5 Legallprofessional fees Staff tosts Charity running cost Printing and stationery Certificates Postage Total Support Costs 7.845.09 10.047.89 5.463.27 943.98 21.298.26 651.19 41.515.12 1.699.00 1.156.34 3.938.87 863.38 5.295.04 655.63 96.078.02 40.458.78 111.163.48 21,542.78 136.536.80 132.706.26 7. Support Costs Total funds 2024 Total funds 2023 Analysis Support Costs Cleaning Travel & Subsistp.nc. Wages and salaries Equipment expensed Pension 5ecutrity overnance Costs Independent examiner5 fees Software 1.729.44 5.286.59 61.477.68 4.524.64 loo.00 747.37 42.50 40.495.70 i.000.00 900.00 900.00 2.499.60 77,517.95 42.185.57 Page6of8 8. Other Expenditure Unrestrlcted fund5 Total fund5 2024 Total funds 2023 Analy5iS Subscriptions Office Rates & Insurance Depreciation Charge for the Year- Fixtures & Fittings other Expenditure Total 310.26 7.101.15 7.101.15 9.480.56 3.952.OV 3.952.00 4.392.00 8.929.79 8.929.79 19.982.94 19.982.94 14,182.82 9. Tangible Fixed Assets Freehold Land & Buildiiigs Fixtures & Fitting> 9.1 C05t or valuation At 01 january 2024 2.611,000.00 202.560.30 Additions 365.259.47 10,992.54 Disposals Revaluations Transfers At 31 Dtcember 2024 2.976.259.47 213.S52.84 9.2 Depreciation and impalrnients At 01 january 2024 Charge for the year Dlsposa15 157,812.00 3,952.00 Revaluations Transfers At 31 December 2024 161.764.00 9.3 Net book value At 01 january 2024 2.611.000.00 44,748.30 At 31 Docomber ?0?4 2.976.259.47 51.788.84 10. Debtors: Amounts falling due within one year Total funds 2024 Total fvnd$ 2023 Prepayments & accrued incomo Other debtors 4.767.00 342.66 4,767.00 Total 5.109.66 4.767.00 11. Cash at bank and in hand Total funds 2024 Total fvnds 2023 Cash at bank and in hand Other 529.481.02 ?6.7.51.21 574,380.77 350.512.00 Total 556.232.23 924.892.77 Page7of8 12. Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 Trade creditors Accrua15 and deferred income 1.800.00 900.00 1,090.20 900.00 Taxation and social security Total 1528.891 2.171.11 695.32 2.685.52 13. Charity funds 13.1 Deta115 of material fund5 held and movement5 during the CURRENT reportiny period Fund balances brought forward name5 Income Expenditure Transfers Gains and Fund balance5 losses carried forward Unrestricted funds 3.582.722.25 201.195.75 196.698.91 3,587.219.09 Unrestricted General Funds 3.582.722.25 3.582.722.25 Total 7,165.444.50 201.195.75 196.698.91 7.169.941.34 13.2 Detai15 Df matefi