BLACK COUNTRY ORTHODOX TRUST
Parish in Walsall, West Midlands, of the Orthodox Church in the Ecumenical Patriarchate under the Archdiocese of Thyateira and Great Britain
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £37,702 at the end of the financial year, an increase from the previous year's £20,615. The trustees note that the main risk to the organisation is a reduction of income and intend to increase reserves by reviewing overheads and increasing income through rent and donations. The charity received £97,724 in income against payments of £80,637, resulting in a net incoming resource of £17,087.
What the accounts disclose
Trustees
- Brandon Scott-Omenkachair
- CHRYSTELLA SERGI
- Florin Mihaila
- Florina Alina Clewer
- Gregory Wittwer
- Irina Elena Rollins
- MARIANA MIHAELA ISPAS
- Nicolas Georgiou
- Ognyan Dachev
- Steven Rollins
- Tatiana Vasiliou
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £98k | £81k |
| 31/12/2023 | £85k | £77k |
| 31/12/2022 | £118k | £146k |
| 31/12/2021 | £123k | £95k |
| 31/12/2020 | £145k | £173k |
Common questions
Is BLACK COUNTRY ORTHODOX TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £37,702 at the end of the financial year, an increase from the previous year's £20,615. The trustees note that the main risk to the organisation is a reduction of income and intend to increase reserves by reviewing overheads and increasing income through rent and donations. The charity received £97,724 in income against payments of £80,637, resulting in a net incoming resource of £17,087. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 16/06/2008 | £9k | "A Project By This Walsall Charity To Improve The Facilities In The Church Hall To Maximise Community Use. The Grant Will Pay For Ceiling Ins" |
| The National Lottery Community Fund | 16/06/2008 | £9k | Church Hall Refurbishment |
| The National Lottery Community Fund | 14/05/2008 | £9k | Palfrey Church Wildlife Garden |