The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO SC051948
Trustees’ Annual Report For the Year Ended 31[st] August 2024
Trustees, Annual Report For the Year Ended 31 st August 2024 The trustees have pleasure in presenting their report together with the financial statements for the year ended 31st August 2024. Charity Trustees Charity contact information The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO (Also known by "Saint Matthew Aberdeen SCIO" name) Scottish Charity Number" SC051948 Address: 329 Lang Stracht, Aberdeen, AB15 6FA
Structure, Governance and Management Constitution The Charity is a Scottish Charitable Incorporated Organisation (a scio). It was registered in its current legal form on 22 August 2022. It has a single tier structure and as such the trustees are the members of the charity. Charity Trusteeship is open to" any person aged 16 or over" and who has been nominated for Trusteeship by the Parish Council of The Greek Orthodox Parish of Saint Matthew Aberdeen community, who subscribes to the purposes of the organisation and wishes to see them fulfilled. No person is recruited during the 3151 of August 2024 Year End period. Objectives and activities The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO objectives are" to advance the Greek Orthodox religion, and in furtherance of this by" making available a place of worship for the Greek Orthodox community of Aberdeen and the surrounding area" promoting opportunities for the observance and practise of the Greek Orthodox religion" working in partnership with other bodies to achieve its purposes.
The main activities involve receiving donations, grants and raising funds in relation to the above purposes. In addition, the Charity receives cause-specific donations for our 'Church Fund,, so that a church building is purchased, maintained and improved in order to become available as a place of worship for the Greek Orthodox community of Aberdeen and the surrounding area. The Charity also reiVeS cause-specific donations for a 'Philoptochos Fund, aiming to support the poor and those in actual need of emergency financial help, at the Charity's discretion. Achievements and performance The Charity purchased Nigg Parish Church building to develop it as its permanent place of worship in Aberdeen and the surrounding areas. The Charity established accounts with utility providers and contracted local professionals for repairing the roof due to the storm Gerrit and unblocking the rainwater downpipes and drainpipes. The financial donations and support received was from The Greek orthodox Archdiocese Of Thyateira And Great Britain as well as by Eponymous and Anonymous Donors, for cause-specific (Church Fund and Philoptochos Fund) and non-cause-specific purposes. The Charity also purchased from The Greek Orthodox Archdiocese Of Thyateira And Great Britain one (1) Bilingual Baptismal Certificate and one (1) Chrismation (in English) Certificate to allow for related ServIS to take place. Financial review Table 1 and Figure 1 below, present the breakdown of the financial st performance of the Charity for the 31 August 2024 Year End period (Note.. Figures are rounded to the nearest GBP).
Table 1- Breakdown of the Financial Performance of the Charity All Values in GBP (£) Philoptochos Fund Church Fund Restricted Unrestricted Grand Total 100 100 -43,561 -43,561 Anonymous Donation 5,646 1,510 5,646 Eponymous Donation 11,675 13,185 Payments -1,121 -1,121 Receipts 4,325 4,325 Grand Total -31p786 101360 -211426
31st August 2024 YE Financial Performance Restricted ll Unrestricted Philoptochos Fund 100 Church Fund -43,561 Anonymous Donation 5,646 11,675 1,510 Eponymous Donation Payments -1,121 Receipts 4,325 -60,000 -40,000 -20,000 20,000 Figure 1- Breakdown of the Financial Performance of the Charity
statement of the charity's policy on reserves The policy for holding reserves has not been developed, as recurring expenses are yet to be determined in the future periods. The difference belween the desired levels and the levels of reserves to hold for its actual purposes, shall be determined by financial measures. Future plans The Charity intends to engage professionals with the aim to restore the Nigg Parish church to a place of worship for the Greek Orthodox community of Aberdeen and the surrounding area. The Charity will continue to collaborate with the Parish council of The Greek Orthodox Parish of Saint Matthew Aberdeen community for the furtheran of its purposes.
Declaration Signed on behalf of the charity trustees" Print name Convenor Designation 0210312025 Date
PPENDIX2 The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO SC051948 OSCR Recelpts and payments accounts Forth• pgriod from sCotth Charrty Regulator oi 09 08 aYi4 Section A Statement of receipts and payments Unre5tri¢ted funds Restricted fvnds Expendable endowment Jnds Pernianent Total funds euFr•nt p•rtod Total fund5 last fund5 tonFatE A1 Recei DOl)rb5 7.156 11.775 16.510 Legacs Grants 20,1100 25,000 ReEeYplsfrTr fvndTai5ing acti¥ibes GTOSS tr8ding recopls Incotn2 from investments otherthan o art bulk11$ RenlsfTom land & bulldlngs Gr055 receiptsfrom other chat11ae acVv*5 12$ 1Z6 J1 4.168 16B Al Sub total 31.775 43856 41.910 A2 Receipts from asS•t & investment sales proceeds rrom le of ttxea assets ProceedsfTom se of Investtnen15 A2Svb total Totslr8ceipts 81,775 43256 41,910 A3 Payrn•nts Expenses lor aeS Gr05s trading payments InYe51TtMI I[ageMent costs payrnents Teiatyng diredty lo cnariiats acb¥rtS Gran15 anrj dtsnalior 13.661 Govemance cos Audrt l Indedent eKatnina Preparation of annual accounts Legal cos OlheT A3Svb toial 13.561 A4 Payrn•nts r•iattng to ass•t and inv•stment movernent5 purcnases or nxed assets 50.QOO Purchase of Inve5trnents A4Sub total 1,121 68.561 84,682 10,360 81,7 21 41,876 Transfernto l (froml funds SUs1(d01ltj forywr 10.360 31,7 21N26 41.876
The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO Section B Statement of balances SC051948 FxrK4ib PermaThonl IV5t£ *Jnest£ Bl ¢4shiuna5 3.415 41 11360 IM,7 261 41,875 bllnklYIaces&tffldof 11715 &674 41,875 Dolails 35 pShINI B •35 T<knl Details BS cortwigentliathle5 5wtui PrinlNaTh Dat• ofwr¢Y
APPENDLY 2
The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO
SC051948
Section C Notes to the Accounts
C1 Nature and purpox of
funds (maybe stated orp
8nalysis of funds worksh8ets)
Anon
ous DOnatnS, when donabons are grfted a Collec Pte or box and rt nol tK>SSitAe to i
The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO SC051948 Additional analysis111 Ana15 DfrePts and paymEnts 1 Donation5 2,240 1.510 clrth F1 13,360 T¢A 7,1 11,775 18931 1£,510 2 13rartS 25.1 25.L 3 Or05s rttPtstr0rn othercharitableactivities Totalcwrqnt CAWTIES STtW6CIFT AJD(XIJM 4168 4,168 4166 4.16B 4 PayThts rdatirvj directlyto charitable acli¥ibe5 13,561 11561
The Greok Orthodox Parlsh of Saint Matthew Ab8rde8n SCIO SC051948 Additional analysis121 Tal Receipts 4616 7,156 acies Gr19 Gr055tradi RertstThi13nd&buildrys TOSS re 168 *835 5th10tal Recgiptsfromasset a in¥tInents8 PruCeetsfrl8a1e0ffixodz%S@t Subthtal 835 GrstrJdi rtlireplEHr Subw 1.121 movemeTrts a&sÈls Sub tor TotsIPayrnts 4835 11360 3,415 TrththiollfroMlfvnd$ 4835 IOJ60 3815 058of funds
Tho Greek Orthodox Parish of Saint Matthew Ab8rdo8n SCIO SC061948 Additional analysis131 6 Bweth)wn ¢bfresr1edkn0s knd bDkbT Receipts 11.615 11.5 11Jf4J GrtrJdi enisTr( ianJ&tyJi¢us GT055 rere¥tstrwovw¢n4eywles Subioial loo 1ty) 31M75 Jl.715 SubTotsi Total 31ffi75 100 31.7T5 GTo&Strddl paw I31 13,561 Sub tolal 13 13 ovomonts Sub to 65561 01561 131,8È61 131,7È61 Surphts/{¢YefkifJ fortr 131.BB61 131.TBOI Natureand se of frjnds pniKwchos Fwdrec*wJktWe5wMttydFKtsLThepootanovbJ5elnathI
APPENDIX 3 OSCR Scollith Chatty Regulalol Report to tho .Cirty na tru$tee81memberd of The Greek Orthodox Parish of Saint Matthew Aberdeen SCIO Reglstered charfty , SCO51948 number On th• accounts of the charlty for tho rwk)d Penod start date MDrth PerK)d end de Year 2023 Year 2024 31 Set out on pages Respectlvè The charity's trustees are responsib for the preparaiion of the a¢counts in accordance rosponslbllllles of th the terms of the Charities and Twstee Investment (Scotland) 2005 Act and the trusteos and examlnor Charities Accounts {S(>)dandl Regulations 20C6 las amended). The charity trustees conskder that the audit requirement of RegulatM)n 1011} Id) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as Tequired under sectK)n 4411) (cl of the Act and to state whether particular ffAtters have come to my attention. Ba$is of Indopondent My examination is carried out in accordan Regulatwm 11 of the 2006 Accounts examlnerfs statement Regulations. An examination CludeS a review of the accounttng records kept by the charity and a conwarison of ihe acwjnts presented wtth those reojrds. It also includes considerat)n of any unusual items or disclosures in the lnts and seeks exptranations from the trustees concerning any such matters. The procedute5 undertaken do nol wovide all the evidence that would tequired in an audit and, consequenuy, I do not express an audit opinDn on the view given by the accounts. Independent ex•mlnetrs In the course of my examination. no matter has come to my attention ststement which g¢ves me reasorrat4e cause to believe thai any material reSt the requirements.. to keep axountng rerdS n accordance with seclion 4411) (a) ofthe 2005 Act and Regulakn"on 4 of the 20 AceDunts RegulatK)n and to prepa accounts which aco)rd with the accounts'ng records and eompty with Regulation 9 of the 2006 A{ounts Regu5ations ha¥e not been or to whtch, in my opinion, attention should be drawn in order to enable a proper Sign•d: Nam•: Relevant proknlonal quallficatlon{s) or body (If any): Add.