Charity Accounts Intelreading the accounts so you don’t have to

GREEK ORTHODOX COMMUNITY OF THE 318 HOLY FATHERS OF NICEA

Registered charity 1087910 · accounts filings on the Charity Commission register

To promote the Greek Orthodox Faith, to advance public education and to relieve poverty, sickness and distress and to provide facilities in the interest of social welfare for recreation and leisure time activities with the object of improving the conditions of life for the inhabitants of the county of Shropshire and its environs.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Arts/culture/heritage/science · website · Get email alerts

Latest income
£96k
Latest spending
£103k
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that free reserves decreased to £30,322 from £35,635 in the prior year, resulting in a net deficit for the period. The trustees maintain a reserves policy target of three months of unrestricted expenditure, which the current reserves fall below. The charity is preparing for future building work and potential acquisition of its premises while managing a transition to a new charitable structure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: unclear
“The board agreed to offer Fr Panteleimon a monthly fee of £1,500 for his work as a priest.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months unrestricted fund expenditure (held: £30k)
“It is the aim of the Trustees to maintain free reserves at a level equivalent to a minimum of three months unrestricted fund expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Powys · Shropshire

Income and spending

Financial year endIncomeSpending
31/12/2024£96k£103k
31/12/2023£106k£109k
31/12/2022£58k£45k
31/12/2021£51k£57k
31/12/2020£29k£35k

Common questions

Is GREEK ORTHODOX COMMUNITY OF THE 318 HOLY FATHERS OF NICEA financially healthy?

Per its FY2024 accounts: The accounts state that free reserves decreased to £30,322 from £35,635 in the prior year, resulting in a net deficit for the period. The trustees maintain a reserves policy target of three months of unrestricted expenditure, which the current reserves fall below. The charity is preparing for future building work and potential acquisition of its premises while managing a transition to a new charitable structure. Its FY2024 accounts were independently examined.

What does the highest-paid employee of GREEK ORTHODOX COMMUNITY OF THE 318 HOLY FATHERS OF NICEA earn?

Per its FY2024 accounts, the highest-paid employee was in the unclear band.