## St Ignatius Orthodox Church TRUSTEES' ANNUAL REPORT for the financial year ended 31 May 2025 The trustees present their Trustees' Annual Report, combining the Directors’ Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 May 2025. The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## Mission, Objectives and Strategy ## Objectives The Antiochian Orthodox Parish of St Ignatius, Belfast, is a parish of the Antiochian Orthodox Christian Archdiocese of the British Isles and Ireland. The church is established to: (a) Promote the Orthodox Christian faith according to the rites and traditions of the one Holy Catholic Orthodox and Apostolic Church as expressed in the Holy Scriptures, the Holy Tradition, the teachings of the seven Ecumenical Councils and the Holy Fathers and as reserved and taught by the Greek-Orthodox Patriarchate of Antioch. (b) Benefit the public in the United Kingdom and the Republic of Ireland and elsewhere by the relief of poverty, sickness and distress. ## This is provided through services such as: - Regular services of worship open to all members of the public. - Lectures, classes and other forms of teaching. - Social and cultural events, including a regular lunch after Sunday worship. - Support of the poor and needy. - Pastoral care for members of the church and others who seek it. - Providing counsel and support for the sick and for people in spiritual or material need. - Providing baptism, marriage and burial services for members of all churches in communion with the Patriarchate of Antioch, e.g. Greek Orthodox, Russian Orthodox. In the continuing absence of a local priest, the priest in charge resides in England and serves worship monthly with the blessing of Metropolitan Silouan Oner, Archbishop of the British Isles and Ireland. In the year 2024-2025, the priests were Father Filip Lommaert and Father Dmitry Ismagilov. In the year 2024-2025, the parish experienced significant growth in the number of regular worshippers. ## Financial Review The results for the financial year are set out on page 8 and additional notes are provided showing income and expenditure in greater detail. ## Results and Dividends At the end of the financial year the charity has assets of £11,000 (2024 - £10,924) and liabilities of £1,128 (2024 - £810). The net assets of the charity have decreased by £(242). 4 ## St Ignatius Orthodox Church TRUSTEES' ANNUAL REPORT for the financial year ended 31 May 2025 ## Trustees The trustees who served throughout the financial year, except as noted, were as follows: ## William Robert Hunter ## Carsten Lorenz In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. ## Compliance with Sector-Wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector. St Ignatius Orthodox Church subscribes to and is compliant with the following: m The Companies Act 2006 a The Charities SORP (FRS 102) ## Approved by the Board of Trustees on 12 February 2026 and signed on its behalf by: William Robert Hunter Trustee aed \ J S 42 F 1A" vi. — needs Carsten Lorenz Trustee 5 ## St Ignatius Orthodox Church STATEMENT OF TRUSTEES' RESPONSIBILITIES for the financial year ended 31 May 2025 The trustees, who are also directors of St Ignatius Orthodox Church for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net income or expenditure of the charity for that period. - In preparing these financial statements, the trustees are required to: m select suitable accounting policies and apply them consistently; m™ make judgements and estimates that are reasonable and prudent; m state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards; and - m prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial statements. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees on 12 February 2026 and signed on its behalf by: William Robert Hunter Trustee ## 4 x Sith, YA3-—— Carstén Lorenz Trustee 6